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OTHE OLB GROUP, INC.

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THE OLB GROUP, INC.

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Income statement waterfall. Revenue $1.28M. Net result −$1.05M. A thin axis line marks the loss-zone boundary.

Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.

  • Revenue: $1.28M. Running result $1.28M. Digital Product Revenue: $13.31K. Merchant Equipment Rental And Sales: $0. Other Revenue From Monthly Recurring Subscriptions: $22.79K. Revenue Net Bitcoin Mining: $73.24K. Transaction And Processing Fees: $1.17M.
  • Cost of revenue: $0. Running result $1.28M.
  • Gross profit: $1.28M. Running result $1.28M.
  • Processing and servicing costs, excluding merchant portfolio amortization: −$1.06M. Running result $215.66K.
  • Amortization and depreciation expense: −$3.41K. Running result $212.24K.
  • Depreciation expense – cryptocurrency mining: $0. Running result $212.24K.
  • Salaries and wages: −$812.6K. Running result −$600.36K.
  • Professional fees: −$126.26K. Running result −$726.62K.
  • General and administrative expenses: −$533.25K. Running result −$1.26M.
  • Operating income: −$1.26M. Running result −$1.26M.
  • Other income: $205.06K. Running result −$1.05M.
  • Pre-tax loss: −$1.05M. Running result −$1.05M.
  • Income tax benefit: $0. Running result −$1.05M.
  • Net loss: −$1.05M. Running result −$1.05M.