The OLB Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The OLB Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $30,571,637. Profit margin reached -76%. Total operating expenses were $29,050,652.
Profit Margin
| 2014 | 136.48K | -360.30K | -263.98% |
|---|---|---|---|
| 2015 | 66.29K | -342.34K | -516.44% |
| 2016 | 83.02K | -312.95K | -376.93% |
| 2017 | 51.54K | -398.73K | -773.6% |
| 2018 | 9.01M | -1.39M | -15.45% |
| 2019 | 10.29M | -2.59M | -25.21% |
| 2020 | 9.76M | -2.82M | -28.9% |
| 2021 | 16.71M | -5.09M | -30.49% |
| 2022 | 30.36M | 15.74M | 51.86% |
| 2023 | 30.57M | -23.18M | -75.82% |
OLB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 30.57M | 30.36M | 16.71M | 9.76M | 10.29M | 9.01M | 51.54K | 83.02K | 66.29K | 136.48K |
Cost of revenue | 24.99M | 23.15M | 13.48M | 6.00M | 6.72M | 5.99M | 19.39K | 20.89K | 23.85K | 29.91K |
Gross profit | 5.57M | 7.21M | 3.23M | 3.76M | 3.56M | 3.02M | 32.14K | 62.13K | 42.43K | 106.57K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 210K | 180K | 0 | 115.58K | 181.51K | 336.29K | 0 | 0 | 0 |
Total operating expenses | 29.05M | 15.38M | 7.99M | 4.49M | 3.83M | 3.56M | 403.98K | 365.62K | 373.53K | 448.82K |
Operating income | -23.47M | -8.17M | -4.76M | -732.79K | -266.64K | -533.06K | -371.83K | -303.49K | -331.10K | -342.25K |
Other income (expenses), net | 204.08K | 383.19K | -213.61K | -1.04M | -1.07M | 22.83K | -26.90K | -9.45K | -11.24K | -18.05K |
Income before tax | -23.27M | -7.78M | -4.97M | -1.77M | -1.34M | -1.39M | -398.73K | -312.95K | -342.34K | -360.30K |
Income tax expense | 0 | -23.53M | 116.78K | 1.04M | 1.25M | 22.83K | -446.52K | 0 | -331.10K | -342.25K |
Net income | -23.18M | 15.74M | -5.09M | -2.82M | -2.59M | -1.39M | -398.73K | -312.95K | -342.34K | -360.30K |
Earnings per share | ||||||||||
Basic EPS | -15.33 | 10.73 | -6.43 | -4.94 | -4.76 | -2.58 | -0.87 | -0.7 | -0.91 | -0.96 |
Diluted EPS | -15.33 | 10.73 | -6.43 | -4.94 | -4.76 | -2.58 | -0.87 | -0.7 | -0.91 | -0.96 |
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