Revenue has experienced a sustained decline, evidenced by a 28.7% year-over-year contraction in 2026Q1 alongside persistent negative gross margins of -30.1%.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 |
|---|
| Sales/Revenue | 8.01M | 8.68M | 12.84M | 30.57M | 30.37M | 16.71M | 9.77M | 10.29M | 9.02M | 51.54K | 83.03K | 66.29K | 136.49K | 103.8K | 130.51K | 184.76K | 218.34K | 290.16K | 73.08K | 0 | 0 |
| Revenue Growth % | -31.31% | -32.42% | -58% | 0.67% | 81.73% | 71.1% | -5.1% | 14.1% | 17399.71% | -37.92% | 25.25% | -51.43% | 31.5% | -20.47% | -29.36% | -15.38% | -24.75% | 297.04% | - | - | - |
| Cost of Goods Sold | 10.22M | 10.52M | 13.6M | 25M | 26.23M | 15.61M | 6M | 8.21M | 5.99M | 19.4K | 20.89K | 23.85K | 29.91K | 38.11K | 47.43K | 63.93K | 96.58K | 213.14K | 60.46K | 0 | 0 |
| COGS % of Revenue | - | 121.27% | 105.94% | 81.77% | 86.36% | 93.39% | 61.47% | 79.82% | 66.44% | 37.63% | 25.17% | 35.98% | 21.92% | 36.71% | 36.34% | 34.6% | 44.23% | 73.46% | 82.73% | - | - |
| Gross Profit | -2.2M | -1.85M | -763.2K | 5.57M | 4.14M | 1.1M | 3.76M | 2.08M | 3.03M | 32.15K | 62.13K | 42.44K | 106.57K | 65.69K | 83.08K | 120.82K | 121.76K | 77.02K | 12.62K | 0 | 0 |
| Gross Margin % | -27.51% | -21.27% | -5.94% | 18.23% | 13.64% | 6.61% | 38.53% | 20.18% | 33.56% | 62.37% | 74.83% | 64.02% | 78.08% | 63.29% | 63.66% | 65.4% | 55.77% | 26.54% | 17.27% | - | - |
| Gross Profit Growth % | - | -141.77% | -113.7% | 34.51% | 275.24% | -70.66% | 81.15% | -31.39% | 9317.51% | -48.26% | 46.4% | -60.18% | 62.24% | -20.93% | -31.24% | -0.77% | 58.09% | 510.23% | - | - | - |
| Operating Expenses | 3.38M | 3.32M | 10.91M | 29.05M | 12.31M | 5.87M | 4.5M | 2.35M | 3.56M | 403.98K | 365.63K | 373.54K | 448.82K | 625.64K | 752.28K | 714.2K | 589.81K | 400.85K | 486.16K | 1.78M | 664.71K |
| OpEx % of Revenue | - | 38.26% | 85% | 95.02% | 40.55% | 35.12% | 46.05% | 22.8% | 39.47% | 783.78% | 440.38% | 563.49% | 328.84% | 602.77% | 576.42% | 386.56% | 270.13% | 138.15% | 665.23% | - | - |
| Selling, General & Admin | 3.02M | 2.81M | 4.8M | 9.42M | 5.46M | 3.98M | 3.65M | 1.53M | 3.02M | 403.98K | 365.63K | 373.54K | 448.82K | 625.64K | 479.26K | 441.18K | 485.8K | 400.85K | 486.16K | 1.78M | 664.71K |
| SG&A % of Revenue | - | 32.42% | 37.39% | 30.8% | 17.96% | 23.8% | 37.4% | 14.9% | 33.46% | 783.78% | 440.38% | 563.49% | 328.84% | 602.77% | 367.22% | 238.79% | 222.5% | 138.15% | 665.23% | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 365.77K | 507.39K | 6.11M | 19.63M | 6.86M | 1.89M | 844.42K | 812.86K | 22.84K | 0 | 0 | 0 | 0 | 0 | 273.02K | 273.02K | 104.01K | 0 | 0 | 0 | 0 |
| Operating Income | -5.59M | -5.17M | -11.68M | -23.48M | -8.17M | -4.76M | -732.79K | -268.86K | -533.07K | -371.84K | -303.5K | -331.1K | -342.25K | -559.96K | -669.2K | -593.38K | -468.05K | -323.83K | -473.54K | -1.78M | -664.71K |
| Operating Margin % | -69.73% | -59.53% | -90.95% | -76.8% | -26.9% | -28.51% | -7.5% | -2.61% | -5.91% | -721.41% | -365.55% | -499.47% | -250.75% | -539.48% | -512.77% | -321.17% | -214.37% | -111.61% | -647.96% | - | - |
| Operating Income Growth % | - | 55.76% | 50.27% | -187.35% | -71.48% | -550.22% | -172.55% | 49.56% | -43.36% | -22.52% | 8.34% | 3.26% | 38.88% | 16.32% | -12.78% | -26.78% | -44.53% | 31.61% | 73.4% | -167.81% | - |
| EBITDA | -5.34M | -4.66M | -8.53M | -16.75M | -1.31M | -2.87M | 128.47K | 573.29K | 49.49K | 74.69K | 0 | 0 | 0 | -286.94K | -396.18K | -320.36K | -554.93K | -333.83K | -473.54K | -1.89M | -1.39M |
| EBITDA Margin % | -66.63% | -53.68% | -66.41% | -54.78% | -4.32% | -17.2% | 1.32% | 5.57% | 0.55% | 144.9% | - | - | - | -276.44% | -303.57% | -173.39% | -254.16% | -115.05% | -647.96% | - | - |
| EBITDA Growth % | 25.51% | 45.37% | 49.08% | -1176.08% | 54.34% | -2336.89% | -77.59% | 1058.32% | -33.73% | - | - | - | 100% | 27.57% | -23.67% | 42.27% | -66.23% | 29.5% | 74.95% | -35.78% | - |
| D&A (Non-Cash Add-back) | 248.48K | 507.39K | 3.15M | 6.73M | 6.86M | 1.89M | 861.27K | 842.15K | 582.56K | 446.52K | 303.5K | 331.1K | 342.25K | 273.02K | 273.02K | 273.02K | -86.89K | -10K | 0 | -110.28K | -727.57K |
| EBIT | -5.88M | -5.48M | -11.18M | -23.13M | -7.79M | -4.86M | -732.79K | -94.26K | -510.23K | -635.4K | -303.5K | -331.1K | -342.25K | -543.85K | -741.11K | -659.47K | -468.05K | -323.83K | -473.54K | -1.67M | 77.29K |
| Net Interest Income | -170.51K | -395.93K | -45.94K | -148.48K | 0 | -116.74K | -1.04M | -1.25M | -883.32K | -26.9K | -9.45K | -11.25K | -18.05K | -8.27K | -42.75K | -20.02K | 0 | -9.24K | -9.24K | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 170.51K | 395.93K | 45.94K | 148.48K | 0 | 116.74K | 1.04M | 1.25M | 883.32K | 26.9K | 9.45K | 11.25K | 18.05K | 8.27K | 42.75K | 20.02K | 0 | 9.24K | 9.24K | 7.93K | 14.43K |
| Other Income/Expense | -276.06K | -708.69K | 451.54K | 204.08K | 383.19K | -213.62K | -1.04M | -1.07M | -860.48K | -26.9K | -9.45K | -11.25K | -18.05K | 7.84K | -114.66K | -86.11K | 86.89K | 764 | -9.24K | 102.34K | 727.57K |
| Pretax Income | -5.86M | -5.87M | -11.22M | -23.27M | -7.79M | -4.98M | -1.78M | -1.34M | -1.39M | -398.74K | -312.95K | -342.35K | -360.3K | -552.12K | -783.86K | -679.49K | -381.16K | -323.07K | 0 | -1.68M | 62.86K |
| Pretax Margin % | -73.18% | -67.7% | -87.43% | -76.13% | -25.64% | -29.79% | -18.19% | -13.05% | -15.45% | -773.6% | -376.93% | -516.44% | -263.98% | -531.93% | -600.62% | -367.77% | -174.57% | -111.34% | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 482.77K | 7.93K | 14.43K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - | -0.47% | 22.96% |
| Net Income | -5.86M | -5.87M | -11.22M | -23.18M | -7.79M | -4.98M | -1.78M | -1.34M | -1.39M | -398.74K | -312.95K | -342.35K | -360.3K | -552.12K | -783.86K | -679.49K | -381.16K | -323.07K | -482.77K | -1.68M | 48.43K |
| Net Margin % | -73.18% | -67.7% | -87.43% | -75.82% | -25.64% | -29.79% | -18.19% | -13.05% | -15.45% | -773.6% | -376.93% | -516.44% | -263.98% | -531.93% | -600.62% | -367.77% | -174.57% | -111.34% | -660.6% | - | - |
| Net Income Growth % | 40.86% | 47.67% | 51.58% | -197.67% | -56.42% | -180.2% | -32.25% | 3.6% | -249.49% | -27.41% | 8.59% | 4.98% | 34.74% | 29.56% | -15.36% | -78.27% | -17.98% | 33.08% | 71.23% | -3564.44% | - |
| Net Income (Continuing) | -5.86M | -5.87M | -11.22M | -23.27M | -7.79M | -4.98M | -1.78M | -1.34M | -1.39M | -398.74K | -312.95K | -342.35K | -360.3K | -552.12K | -783.86K | -679.49K | -381.16K | -323.07K | -482.77K | -1.68M | 48.43K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 119.22K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.53 | -1.74 | -6.10 | -15.33 | -5.58 | -6.99 | -3.11 | -2.46 | -2.58 | -0.87 | -0.70 | -0.91 | -0.96 | -1.58 | -3.28 | -3.17 | -2.84 | -3.36 | -6.55 | -25.21 | 0.70 |
| EPS Growth % | 65.57% | 71.48% | 60.21% | -174.73% | 20.17% | -124.76% | -26.42% | 4.65% | -196.55% | -24.29% | 23.08% | 5.21% | 39.24% | 51.83% | -3.47% | -11.62% | 15.48% | 48.7% | 74.02% | -3701.43% | - |
| EPS (Basic) | - | -1.74 | -6.10 | -15.33 | -5.58 | -6.99 | -3.11 | -2.46 | -2.58 | -0.87 | -0.70 | -0.91 | -0.96 | -1.58 | -3.28 | -3.17 | -2.84 | -3.36 | -6.55 | -25.21 | 0.96 |
| Diluted Shares Outstanding | 3.84M | 3.84M | 1.86M | 1.52M | 1.47M | 791.83K | 571.13K | 545.26K | 541.14K | 459.07K | 449.31K | 376.88K | 376.68K | 349.17K | 239.1K | 214.13K | 134.07K | 96.11K | 73.66K | 66.56K | 69.37K |
| Basic Shares Outstanding | 3.84M | 3.84M | 1.86M | 1.52M | 1.47M | 791.83K | 571.13K | 545.26K | 541.14K | 459.07K | 449.31K | 376.88K | 376.68K | 349.17K | 239.1K | 214.13K | 134.07K | 96.11K | 73.66K | 66.56K | 50.26K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liquidity and going concern
As indicated by the latest quarterly financial data, OLB's revenue has experienced a sustained decline, with the most recent period showing a 28.7% year-over-year contraction, reflecting a broader trend of shrinking transaction volumes and potential loss of market share across its core payment and mining segments.
The consistent double-digit revenue decay suggests that the company's diversified business model is failing to gain traction in its target markets. This downward trajectory implies that the firm is struggling to retain its merchant base or that its cryptocurrency mining operations have become increasingly unviable.
According to the reported income statements, OLB consistently operates with negative gross margins, reaching a low of -38.4% in 2025Q2, which highlights a fundamental inability to cover the direct costs associated with its payment processing and cryptocurrency mining service offerings at the current scale.
The persistent negative gross margin indicates that the company is effectively paying to provide its services, a condition that is rarely sustainable without significant operational restructuring. This suggests that the cost of interchange fees and energy consumption for mining far outweighs the revenue generated per unit of activity.
Based on the provided financial filings, OLB's operating expenses continue to dwarf gross profits, resulting in deep operating losses that demonstrate a lack of operating leverage and an inability to scale the business toward a break-even point despite various cost-cutting efforts in recent quarters.
The company's inability to achieve positive operating income, even when revenue was higher in previous periods, suggests that its overhead structure is misaligned with its current revenue generation capacity. Investors should monitor whether the company can reduce its SG&A burden sufficiently to mitigate the ongoing cash burn.
While management may frame the company as a diversified fintech ecosystem, the financial data suggests a collection of incompatible assets, as evidenced by the 32.42% year-over-year revenue decline and the critical depletion of cash reserves to a nominal $15,777 balance in recent reporting periods.
A short-seller perspective would likely focus on the 'going concern' risk inherent in a company that cannot generate positive gross profit while simultaneously facing a rapid decline in top-line revenue. The lack of a clear path to profitability suggests that the current business model may be fundamentally broken.
Quick answers to the most common questions about buying OLB stock.
For fiscal year 2025, The OLB Group, Inc. (OLB) reported total revenue of $8.7M.
The OLB Group, Inc. (OLB) reported a net loss of $5.9M for the fiscal year ending 2025.
The OLB Group, Inc. (OLB) reported an operating income of $-5.2M, resulting in an operating profit margin of -59.5%. This margin reflects the operational efficiency of the business before interest and taxes.
The OLB Group, Inc. (OLB) generated $-1.8M in gross profit for the year, representing a gross profit margin of -21.3%. This demonstrates the company's core pricing power and production efficiency.