The OLB Group, Inc. (OLB)

NASDAQ: OLB · IEX Real-Time Price · USD
0.809
-0.041 (-4.84%)
Nov 29, 2022 3:00 PM EDT - Market open
-4.84%
Market Cap 12.20M
Revenue (ttm) 32.23M
Net Income (ttm) -6.92M
Shares Out 14.70M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 46,530
Open 0.825
Previous Close 0.85
Day's Range 0.8 - 0.846
52-Week Range 0.79 - 4.69
Beta 0.93
Analysts Buy
Price Target 5.10 (+530.5%)
Earnings Date Nov 11, 2022

About OLB

The OLB Group, Inc. provides integrated financial and transaction processing services for small- and mid-sized merchants in the United States. The company operates a Crowdfunding platform used to facilitate a capital raise anywhere of various types of securities under Regulation D, Regulation Crowdfunding, Regulation A, and the Securities Act of 1933; a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses; payment processing solutions to merchants, whic... [Read more]

Industry Software-Application
Founded 1993
Employees 30
Stock Exchange NASDAQ
Ticker Symbol OLB
Full Company Profile

Financial Performance

In 2021, The OLB Group's revenue was $16.71 million, an increase of 71.10% compared to the previous year's $9.77 million. Losses were -$4.98 million, 180.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for OLB stock is "Buy." The 12-month stock price forecast is 5.1, which is an increase of 530.49% from the latest price.

Price Target
$5.1
(530.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

OLB Group to Present at Emerging Growth Conference November 30 at 2:05 PM

Management Team to Highlight Strong Revenue Growth and Partnership with Cuentas, Inc. NEW YORK, NY / ACCESSWIRE / November 28, 2022 / OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce mercha...

Other symbols: CUEN
1 day ago - Accesswire

OLB Group Continues Record Revenue Growth for 2022

For the Nine Months Year Over Year Revenue Increased 3X from $7.9 Million to $23.4 Million NEW YORK, NY / ACCESSWIRE / November 15, 2022 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommer...

2 weeks ago - Accesswire

OLB Group to Hold 3rd Quarter Earnings Call Tuesday, November 15

NEW YORK, NY / ACCESSWIRE / November 14, 2022 / The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, will hold an Earnings C...

2 weeks ago - Accesswire

OLB Group to Present at H.C. Wainwright Global Investment Conference on Monday, September 12

NEW YORK--(BUSINESS WIRE)--OLB Group, Inc. (NASDAQ: OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that its management team will b...

2 months ago - Business Wire

Cuentas Announces Exclusive Software Licensing and Transaction Sharing Agreement with The OLB Group to Serve 32,000 N...

Enters into Strategic Collaboration with OLB to Expand Placement of Cuentas' Payment Solutions on Point-of-Sales Devices MIAMI BEACH, FL / ACCESSWIRE / August 29, 2022 / Cuentas, Inc. (Nasdaq:CUEN & CUE...

Other symbols: CUEN
3 months ago - Accesswire

OLB Group to Present at Sidoti & Company Microcap Virtual Investor Conference on Aug 17, 2022

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that Ronny Yakov, CEO of OLB...

3 months ago - Business Wire

OLB Group to Conduct Earnings Conference Call on August 15, 2022 at 4:30 Eastern Time

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, will hold an Earnings Conference Call on Aug...

3 months ago - Business Wire

OLB Group Authorizes Share Repurchase Program

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc., (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that its Board of Directors...

4 months ago - Business Wire

OLB Group to Present at H.C. Wainwright Global Investment Conference

NEW YORK--(BUSINESS WIRE)--OLB Group, Inc. (NASDAQ: OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that its management team will b...

6 months ago - Business Wire

OLB Group to Report First Quarter Financial Results on May 12, 2022

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ:OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, will report First Quarter Financials on May ...

6 months ago - Business Wire

OLB Group Obtains Valuation from Independent Valuation & Appraisal Firm

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB) ("OLB", the "Company"), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment...

7 months ago - Business Wire

OLB Group Inc. Reports 2021 Financials, Increases Revenue by 71%

NEW YORK--(BUSINESS WIRE)-- #Bitcoin--The OLB Group, Inc. ("OLB," “we,” “us,” “our,” or the "Company"), a diversified Fintech eCommerce merchant services provider and Bitcoin cryptocurrency mining enter...

8 months ago - Business Wire

REMINDER: OLB Group Inc. to Report Fourth Quarter and Full Year 2021 Results Today, March 28, 2022, at 4:15 p.m. East...

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB) ("OLB", the "Company"), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment...

8 months ago - Business Wire

OLB Group Inc. to Report Fourth Quarter and Full Year 2021 Results on Monday, March 28, 2022 at 4:15 p.m. Eastern Time

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB) ("OLB", the "Company"), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment...

8 months ago - Business Wire

OLB Group Announces Sponsorship of Museum of American Finance Panel “NFTs: Welcome to the Metaverse”

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB), a diversified fintech e-commerce merchant services provider and Bitcoin mining enterprise, today announced its sponsorship of the Museum of ...

9 months ago - Business Wire

OLB Group Achieves Annual Transaction Volume Run Rate of $1.35 Billion Following CBD Merchants Acquisition

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. ("OLB," “we,” “us,” “our,” or the "Company"), a diversified Fintech eCommerce merchant services provider and Bitcoin cryptocurrency mining enterprise, anno...

9 months ago - Business Wire

OLB Group Acquires CBD Merchant Portfolio with Annual Transaction Volume Over $400 Million

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB), a diversified fintech merchant services provider and Bitcoin mining enterprise, today announced it has entered into a definitive agreement t...

11 months ago - Business Wire

OLB Group Inc. Reports Third Quarter, 2021 Revenues of $2.82 Million

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. ("OLB," “we,” “us,” “our,” or the "Company"), a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise, has announce...

1 year ago - Business Wire

OLB Group Announces Closing of $25 Million Private Placement Priced At-the-Market Under Nasdaq Rules

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB) (“OLB” or the “Company”), a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announ...

1 year ago - Business Wire

OLB Group Announces $25.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB) (“OLB” or the “Company”), a provider of cloud-based omni-commerce and payment acceptance solutions for small- and mid-sized merchants, announ...

1 year ago - Business Wire

OLB Stock: The Big Crypto Catalyst Sending OLB Group Up 100% Today

Today, OLB stock is surging following the company's announcement that it will be a key partner for Mastercard in its crypto services launch. The post OLB Stock: The Big Crypto Catalyst Sending OLB Group...

1 year ago - InvestorPlace

EXCLUSIVE: OLB Group Announces Support For Mastercard Cryptocurrency Processing

The OLB Group Inc (NASDAQ:OLB) announced Tuesday that the company is prepared to process Mastercard Inc (NYSE:MA) Bitcoin (CRYPTO: BTC) payments. Merchants utilizing The OLB Group's OmniSoft business ma...

Other symbols: MA
1 year ago - Benzinga

OLB Group Expands Bitcoin Mining Operation With 500 ASIC Miners, Expects $1M Monthly Revenue

OLB Group, Inc. (NASDAQ:OLB), a cloud-based merchant service provider, is expanding its Bitcoin (CRYPTO: BTC) mining enterprise DMint. What Happened: DMint will add 500 Antminer S19j Pro cryptocurrency ...

1 year ago - Benzinga

OLB Stock: The Bitcoin Mining News That Has The OLB Group Rallying Today

The OLB Group (OLB) stock is running higher Tuesday after the launch of Bitcoin (BTC) mining operations at one of its subsidiaries. The post OLB Stock: The Bitcoin Mining News That Has The OLB Group Ral...

1 year ago - InvestorPlace

OLB Group CEO to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

NEW YORK--(BUSINESS WIRE)--The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants, announced that its chief executi...

1 year ago - Business Wire