Filing Flows › OLB Group (OLB) › Q4 2024
OLB Group (OLB) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
OLB Group (OLB) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -11% from the quarter before. Operating margin was -166.0%, net loss $4.5M (166.1% of revenue).
OLB Group, Q4 2024: revenue $2.7M (-54% year over year), operating margin -166.0%, net loss $4.5M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | -11% | -54% |
| Operating profit | −$4.5M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $2.7M in Q4 2024, down 54% year over year and down 11% from the previous quarter. Transaction and Processing Fees was the largest line at 86% of revenue.
Operating costs exceeded revenue by $4.5M, an operating margin of -166.0%. Total costs fell 70% while revenue fell 54%. The quarter ended with a net loss of $4.5M, wider than the previous quarter's $1.6M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $2.7M of depreciation and amortization and $34K of share-based compensation. Working capital and other items added $770K.
Questions
What was OLB Group's revenue in the fourth quarter 2024?
OLB Group (OLB) reported revenue of $2.7M for the fourth quarter 2024 (Q4 2024), -54% from a year earlier and -11% from the quarter before.
Was OLB Group profitable in the fourth quarter 2024?
Operating loss was $4.5M (-166.0% of revenue) and net loss $4.5M.
Source: OLB Group 10-K on SEC EDGAR.