Annonce • Apr 02
The OLB Group, Inc. announced delayed annual 10-K filing On 04/01/2026, The OLB Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annonce • Feb 19
The OLB Group, Inc. has filed a Follow-on Equity Offering. The OLB Group, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,857,142
Price\Range: $1.05
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 3,571,428 Annonce • Feb 04
The OLB Group, Inc. Receives Written Notice from Nasdaq Due to Failure to Meet Minimum Bid Price Rule On January 29, 2026, The OLB Group, Inc. (we", us" or our") received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (NASDAQ") notifying us that, for a period of 30 consecutive business days, we failed to maintain a minimum closing bid price of $1.00 as required for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2). In accordance with NASDAQ Listing Rule 5810(c)(3)(A), we have 180 calendar days, or until July 28, 2026, to regain compliance. If, at any time during the 180-day grace period, our closing bid price is $1.00 or more for a minimum of 10 consecutive business days, we will have regained compliance and NASDAQ will provide us with written confirmation of such. If we do not regain compliance with the continued listing requirements during the grace periods, NASDAQ will give us written notice that our securities are subject to delisting. In the event of such notification, we may appeal Nasdaq's determination to delist our securities, but there can be no assurance NASDAQ would grant our request for continued listing. Our common stock will continue to be listed and traded on the NASDAQ Capital Market during the grace period, subject to our compliance with the other continued listing requirements of the NASDAQ Capital Market. Annonce • Jan 27
The OLB Group, Inc. has completed a Follow-on Equity Offering in the amount of $1.3 million. The OLB Group, Inc. has completed a Follow-on Equity Offering in the amount of $1.3 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,166,666
Price\Range: $0.6
Discount Per Security: $0.036
Transaction Features: Registered Direct Offering Annonce • Jan 23
The OLB Group, Inc. has filed a Follow-on Equity Offering in the amount of $1.3 million. The OLB Group, Inc. has filed a Follow-on Equity Offering in the amount of $1.3 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,166,666
Price\Range: $0.6
Security Name: Warrant
Security Type: Equity Warrant
Securities Offered: 2,166,666
Transaction Features: Registered Direct Offering Annonce • Nov 25
The OLB Group, Inc., Annual General Meeting, Dec 19, 2025 The OLB Group, Inc., Annual General Meeting, Dec 19, 2025. Annonce • Aug 16
The OLB Group, Inc. announced delayed 10-Q filing On 08/15/2025, The OLB Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annonce • Apr 01
The OLB Group, Inc. announced delayed annual 10-K filing On 03/31/2025, The OLB Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Annonce • Nov 21
The OLB Group, Inc. Announces New Product, MOOLA Pay, a Mastercard Pre-Paid Card Providing Banking Services to the Unbanked and Underbanked Community The OLB Group, Inc. announced the introduction of MOOLA Pay through MOOLA Cloud moolacloud.com, an innovative and proprietary solution for the unbanked and under banked consumer sector serviced by bodegas and convenience stores in the region. With a scheduled market launch in the First Quarter of 2025, OLB Group will dramatically expand its merchant services offerings. Services for Bodega Customers include: Prepaid Mastercard, Virtual and physical payment capability, Virtual Wallet with multiple payment and loyalty capabilities by FDIC insured Bank, Bill payments for services including utilities of over 30,000 utility and service companies nation-wide. Option for multiple cards issued for same account, Cross Border payments paid through the card of family members, Rewards, coupons and discount on mobile services, including pre-paid cell phone plans, Enables cardholders to reload money from OLB's authorized locations, Instant alerts on discounts and promotions, Peer-to-Peer money transfers, Remote deposit of paychecks, Cash deposit to prepaid card, Card enrollment Online - In store - on Mobile, Tap & Pay anywhere with Virtual Wallet. Services include For Bodegas Owners: Prepaid business cards for owners by MOOLA Pay, Transfer funds from account to account and load cash to the MOOLA Pay card, Point of Sale (POS) system syncs with the prepaid cards of the consumers, POS includes inventory management, Offering state-of-art kiosks in selected locations. Annonce • Nov 19
The OLB Group, Inc., Annual General Meeting, Dec 20, 2024 The OLB Group, Inc., Annual General Meeting, Dec 20, 2024. Annonce • May 21
The Staff of The Nasdaq Stock Market LLC Deems The OLB Group Regains Compliance with the Bid Price Rule Reference is made to that certain Current Report on Form 8-K filed by The OLB Group, Inc. (the ‘Company’) on May 19, 2023 with the Securities and Exchange Commission disclosing that the Company had received a letter from the staff (the ‘Staff’) of The Nasdaq Stock Market LLC (‘Nasdaq’) indicating that the Company was not in compliance with certain of the continued listing rules of Nasdaq. Specifically, the Staff notified the Company that the bid price of the Company’s common stock had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, the Company did not comply with Listing Rule 5550(a)(2) (the ‘Bid Price Rule’). On May 14, 2024, having not regained compliance with the Bid Price Rule, the Company received a letter from the Staff notifying the Company that, unless the Company timely requests a hearing, the Company’s common stock would be subject to delisting. However, on May 17, 2024, the Company received an additional letter from the Staff indicating that for the last 10 consecutive business days, from May 6, 2024 to May 17, 2024, the closing bid price for the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Staff has deemed that the Company has regained compliance with the Bid Price Rule and they consider this matter closed. Therefore, the Company will not be required to request a hearing with the Staff and its shares of common stock will continue to be listed on Nasdaq. Annonce • May 18
The OLB Group, Inc. announced delayed 10-Q filing On 05/16/2024, The OLB Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Annonce • May 03
The OLB Group, Inc. Announces Reverse Stock Split to Maintain Nasdaq Listing The OLB Group, Inc. (‘OLB’ or the ‘Company’) announced that on April 26, 2024, its shareholders approved a reverse split of its common stock on a one-for-ten basis (the ‘Reverse Stock Split’). The Company's common stock will begin trading on a post-split basis on May 6, 2024. As a result of the Reverse Stock Split, each ten (10) pre-split shares of common stock of the Company will be automatically combined into one (1) share of common stock without any action on the part of the holders, without any change in the par value per share or the number of authorized shares of the Company's common stock. Following the Reverse Stock Split, the Company's issued and outstanding common stock will be reduced from 18,103,462 shares to approximately 1,810,346. The Company's ticker symbol will remain ‘OLB’. Additionally, the Company's common stock will trade under a new CUSIP number - 67086U406. The Reverse Stock Split is intended to increase the market price per share of the Company's common stock to allow the Company to maintain its Nasdaq listing. Annonce • Apr 02
The OLB Group, Inc. announced delayed annual 10-K filing On 04/01/2024, The OLB Group, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. New Risk • Feb 22
New major risk - Revenue and earnings growth Earnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (US$13.3m market cap). Recent Insider Transactions • Jan 21
Chairman recently bought US$600k worth of stock On the 16th of January, Ronny Yakov bought around 784k shares on-market at roughly US$0.77 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ronny has been a buyer over the last 12 months, purchasing a net total of US$619k worth in shares. Annonce • Dec 06
The OLB Group, Inc., Annual General Meeting, Dec 29, 2023 The OLB Group, Inc., Annual General Meeting, Dec 29, 2023, at 10:00 US Eastern Standard Time. Agenda: To ratify the appointment by the Board of Mac Accounting Group & CPAs, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023; to consider directors elections; and to consider other matters. Reported Earnings • Nov 17
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: US$0.12 loss per share (further deteriorated from US$0.12 loss in 3Q 2022). Revenue: US$9.69m (up 55% from 3Q 2022). Net loss: US$1.80m (loss widened 5.2% from 3Q 2022). Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) missed analyst estimates. Revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Price Target Changed • Nov 15
Price target decreased by 75% to US$3.00 Down from US$12.00, the current price target is provided by 1 analyst. New target price is 397% above last closing price of US$0.60. Stock is down 34% over the past year. The company is forecast to post a net loss per share of US$0.27 next year compared to a net loss per share of US$0.56 last year. Annonce • Aug 17
The OLB Group, Inc. announced delayed 10-Q filing On 08/15/2023, The OLB Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. New Risk • Aug 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.44m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.3m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (US$9.44m market cap). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Annonce • Jun 17
The OLB Group, Inc. (NASDAQ:OLB) acquired a 80.1% stake in SDI Black 011, LLC. The OLB Group, Inc. (NASDAQ:OLB) acquired a 80.1% stake in SDI Black 011, LLC on June 15, 2023. OLB plans to re-brand the platform and make it part of the OLB Payment Platform and ECO Payment system.The OLB Group, Inc. (NASDAQ:OLB) completed the acquisition of a 80.1% stake in SDI Black 011, LLC on June 15, 2023. New Risk • Jun 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$3.3m free cash flow). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Market cap is less than US$100m (US$14.5m market cap). Annonce • May 22
The OLB Group Receives Non-Compliance Notice from Nasdaq Regarding Minimum Bid Price Requirement On May 16, 2023, The OLB Group, Inc. received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (‘NASDAQ’) notifying the company that, for a period of 30 consecutive business days, the company failed to maintain a minimum closing bid price of $1.00 as required for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2). In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the company has 180 calendar days, or until November 13, 2023, to regain compliance. If, at any time during the 180-day grace period, the company’s closing bid price is $1.00 or more for a minimum of 10 consecutive business days, the company will have regained compliance and NASDAQ will provide with written confirmation of such. If the company do not regain compliance with the continued listing requirements during the grace periods, NASDAQ will give the company written notice that the company’s securities are subject to delisting. In the event of such notification, the company may appeal Nasdaq’s determination to delist the company’s securities, but there can be no assurance NASDAQ would grant the company’s request for continued listing. The company’s common stock will continue to be listed and traded on the NASDAQ Capital Market during the grace period, subject to the company’s compliance with the other continued listing requirements of the NASDAQ Capital Market. Reported Earnings • May 17
First quarter 2023 earnings: EPS and revenues miss analyst expectations First quarter 2023 results: US$0.17 loss per share (further deteriorated from US$0.10 loss in 1Q 2022). Revenue: US$6.62m (down 25% from 1Q 2022). Net loss: US$2.65m (loss widened 82% from 1Q 2022). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 55%. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 61% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 02
Full year 2022 earnings released: US$0.56 loss per share (vs US$0.70 loss in FY 2021) Full year 2022 results: US$0.56 loss per share. Revenue: US$30.4m (up 82% from FY 2021). Net loss: US$8.19m (loss widened 48% from FY 2021). Annonce • Feb 02
The OLB Group, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement On December 15, 2022, The OLB Group, Inc. received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) notifying that, for a period of 30 consecutive business days, failed to maintain a minimum closing bid price of $1.00 as required for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2). On January 30, 2023, the company received a notice from NASDAQ that it had determined that for the prior 10 consecutive business days, from January 12, 2023 to January 27, 2023, the closing bid price for the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with NASDAQ Listing Rule 5550(a)(2) and the matter is closed. Recent Insider Transactions • Dec 23
Chairman recently bought US$88k worth of stock On the 15th of December, Ronny Yakov bought around 99k shares on-market at roughly US$0.89 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ronny's only on-market trade for the last 12 months. Annonce • Dec 23
The OLB Group, Inc. Receives Written Notice from the Listing Qualifications Department of the NASDAQ On December 15, 2022, The OLB Group, Inc. received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) notifying that, for a period of 30 consecutive business days, the company failed to maintain a minimum closing bid price of $1.00 as required for continued listing on the NASDAQ Capital Market pursuant to NASDAQ Listing Rule 5550(a)(2). In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the company has 180 calendar days, or until June 13, 2023, to regain compliance. If, at any time during the 180-day grace period, closing bid price is $1.00 or more for a minimum of 10 consecutive business days, the company will has regained compliance and NASDAQ will provide with written confirmation of such. If the company does not regain compliance with the continued listing requirements during the grace periods, NASDAQ will give written notice that securities are subject to delisting. In the event of such notification, the company may appeal Nasdaq’s determination to delist securities, but there can be no assurance NASDAQ would grant request for continued listing. Our common stock will continue to be listed and traded on the NASDAQ Capital Market during the grace period, subject to our compliance with the other continued listing requirements of the NASDAQ Capital Market. Annonce • Nov 29
The OLB Group, Inc., Annual General Meeting, Dec 22, 2022 The OLB Group, Inc., Annual General Meeting, Dec 22, 2022, at 10:00 US Eastern Standard Time. Agenda: To elect Alina Dulimof, Ronny Yakov, Amir Sternhell and Ehud Ernst as directors (the Director Nominees) to serve on the Company's Board of Directors (the Board) for a one-year term that expires at the 2023 Annual Meeting of Stockholders, or until their successors are elected and qualified; to ratify the appointment by the Board of Daszkal Bolton LLP as the Company's independent registered public accounting firm for the fiscal year ending December31, 2022; to approve an Amended and Restated 2020 Share Incentive Plan; to approve an Amendment to the Company's Certificate of Incorporation reducing the number of authorized shares of capital stock; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof. Reported Earnings • Nov 16
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: US$0.12 loss per share (further deteriorated from US$0.12 loss in 3Q 2021). Revenue: US$6.25m (up 121% from 3Q 2021). Net loss: US$1.71m (loss widened 90% from 3Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 33%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the IT industry in the US. Breakeven Date Change • Nov 16
No longer forecast to breakeven The analyst covering OLB Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$4.42m in 2023. New forecast suggests the company will make a loss of US$3.73m in 2023. Recent Insider Transactions • Sep 08
Insider recently sold US$130k worth of stock On the 30th of August, John Herzog sold around 89k shares on-market at roughly US$1.45 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$555k more than they bought in the last 12 months. Breakeven Date Change • Aug 18
No longer forecast to breakeven The analyst covering OLB Group no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$4.42m in 2023. New forecast suggests the company will make a loss of US$3.73m in 2023. Annonce • Aug 18
The OLB Group, Inc. Provides Earnings Guidance for the Year 2022 The OLB Group, Inc. provided earnings guidance for the year 2022. For the year, the company expected to report annualized revenue run rate at $36 Million vs. 2021 revenue of $9.6 Million. Reported Earnings • Aug 13
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2022 results: US$0.098 loss per share (down from US$0.094 loss in 2Q 2021). Revenue: US$8.37m (up 196% from 2Q 2021). Net loss: US$1.44m (loss widened 116% from 2Q 2021). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 104%, compared to a 14% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Annonce • May 17
The OLB Group, Inc. Provides Earnings Guidance for the Fiscal Year 2022 The OLB Group, Inc. provided earnings guidance for the fiscal year 2022. For the period, the company expects to anticipate the achievement of positive Net Income by the end of the year. This would be a result of the following trends: Bitcoin mining revenue from current 1,000 ASICS mining computers is estimated additional run-rate of approximately $6,500,000 annually, based on the price of Bitcoin price as of March 12, 2022, once all purchased machines are fully operational by the end of the Second Quarter of 2022. Company eCommerce revenue run rate is anticipated to increase from $10 million to more than $36 million on an annual basis. Reported Earnings • May 16
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: US$0.10 loss per share. Revenue: US$8.79m (up 295% from 1Q 2021). Net loss: US$1.46m (loss widened 32% from 1Q 2021). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Over the next year, revenue is forecast to grow 94%, compared to a 15% growth forecast for the industry in the US. Annonce • May 12
The OLB Group, Inc. to Report Q1, 2022 Results on May 12, 2022 The OLB Group, Inc. announced that they will report Q1, 2022 results at 4:15 PM, US Eastern Standard Time on May 12, 2022 Price Target Changed • Apr 27
Price target decreased to US$7.95 Down from US$12.00, the current price target is provided by 1 analyst. New target price is 472% above last closing price of US$1.39. Stock is down 72% over the past year. The company is forecast to post a net loss per share of US$0.28 next year compared to a net loss per share of US$0.63 last year. Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2023 The analyst covering OLB Group previously expected the company to break even in 2022. New forecast suggests losses will reduce by 33% to 2022. The company is expected to make a profit of US$17.6m in 2023. Average annual earnings growth of 131% is required to achieve expected profit on schedule. Breakeven Date Change • Apr 12
Forecast breakeven date pushed back to 2023 The analyst covering OLB Group previously expected the company to break even in 2022. New forecast suggests losses will reduce by 33% to 2022. The company is expected to make a profit of US$17.6m in 2023. Average annual earnings growth of 131% is required to achieve expected profit on schedule. Reported Earnings • Mar 30
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: US$0.63 loss per share (down from US$0.31 loss in FY 2020). Revenue: US$16.7m (up 71% from FY 2020). Net loss: US$4.98m (loss widened 180% from FY 2020). Revenue exceeded analyst estimates by 65%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 90%, compared to a 18% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 22% per year. Recent Insider Transactions • Feb 21
Member of Advisory Board recently sold US$98k worth of stock On the 14th of February, John Herzog sold around 50k shares on-market at roughly US$1.96 per share. In the last 3 months, they made an even bigger sale worth US$115k. Insiders have been net sellers, collectively disposing of US$426k more than they bought in the last 12 months. Recent Insider Transactions • Feb 09
Member of Advisory Board recently sold US$115k worth of stock On the 2nd of February, John Herzog sold around 50k shares on-market at roughly US$2.30 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$328k more than they bought in the last 12 months. Recent Insider Transactions • Dec 20
Member of Advisory Board recently sold US$111k worth of stock On the 15th of December, John Herzog sold around 28k shares on-market at roughly US$3.96 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$213k more than they bought in the last 12 months. Annonce • Dec 16
The OLB Group, Inc. (NasdaqCM:OLB) signed a letter of intent to acquire portfolio of Cannabidiol merchants and other merchants. The OLB Group, Inc. (NasdaqCM:OLB) signed a letter of intent to acquire portfolio of Cannabidiol merchants and other merchants on July 1, 2021. The transaction is expected to close in the fourth quarter of 2021. Reported Earnings • Nov 14
Third quarter 2021 earnings released: US$0.12 loss per share (vs US$0.11 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$2.82m (up 22% from 3Q 2020). Net loss: US$900.4k (loss widened 37% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Executive Departure • Sep 23
Independent Director George Katsiaunis has left the company On the 15th of September, George Katsiaunis' tenure as Independent Director ended after 1.1 years in the role. We don't have any record of a personal shareholding under George's name. George is the only executive to leave the company over the last 12 months. Reported Earnings • Aug 14
Second quarter 2021 earnings released: US$0.094 loss per share (vs US$0.092 loss in 2Q 2020) The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$2.83m (up 42% from 2Q 2020). Net loss: US$666.1k (loss widened 31% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annonce • Jun 24
The OLB Group, Inc. to Enable Secure Digital Asset Transfer With NFT Solutions on Ethereum Platform The OLB Group, Inc. announced that its SecurePay payment gateway will support the transfer or sale of digital assets utilizing non-fungible token (NFT) technology. The NFT technology is built upon the Ethereum platform which manages token generation and redemption, association with an asset, and transfer of registered ownership. SecurePay provides integrated support for major digital wallets including Apple Pay® and Google Pay®, cryptocurrency wallets, PayPal®, and traditional credit cards. NFT functions utilize smart contracts to assure the simple and seamless exchange of funds and appropriate management of terms and conditions of sale. Reported Earnings • May 15
First quarter 2021 earnings released: US$0.17 loss per share (vs US$0.099 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$2.23m (down 15% from 1Q 2020). Net loss: US$1.10m (loss widened 103% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annonce • Apr 29
The OLB Group, Inc. to Provide AI-Based Analytics to Small- and Medium-Sized Merchants The OLB Group, Inc. announced that customers using its ShopFast service will have access to new customer analytic capabilities which can improve competitive positioning. ShopFast is the point-of-sale solution within OLB’s OmniSoft™ cloud-based business management platform, which provides merchants with seamless integration across all aspects of business operations. The analytics features will work as an extension to the ShopFast merchant dashboard by offering data-driven insights on customer buying and browsing patterns, inventory and business processes, and predictive analytics regarding additional consumer propensities and behaviors. Employing specialized artificial intelligence (AI) and machine learning (ML) algorithms and processes, this extension of ShopFast can put merchants on a more competitive footing with large retailers while helping them achieve a deeper and more comprehensive view of their own business. The new analytics features will be available to all ShopFast merchants in the third quarter of 2021 at no additional cost. Reported Earnings • Apr 01
Full year 2020 earnings released: US$0.31 loss per share (vs US$0.25 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$9.77m (down 5.1% from FY 2019). Net loss: US$1.78m (loss widened 32% from FY 2019). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Mar 06
The OLB Group, Inc. Streamlines Cryptocurrency Processing for Merchant Convenience The OLB Group, Inc. announced its SecurePay payment gateway is now optimized to support the processing of cryptocurrency purchases and settlement of merchant funds. This speeds all aspects of the transaction process, keeping crypto payments on par with credit and debit processes. SecurePay currently supports multiple cryptocurrencies, including Bitcoin, Ethereum, USDC, and DAI across all merchant platforms. OLB systems are wallet agnostic and through integration with third-party software, support cryptocurrency wallets such as MetaMaskTM, Coinbase WalletTM, Crypto.com, and Trust WalletsTM, as well as general purpose wallets such as Apple Pay® and Google Pay® when they offer direct cryptocurrency support. Annonce • Feb 18
The OLB Group, Inc. Cryptocurrency Support Expands Contactless Point of Sale Options The OLB Group, Inc. announced its SecurePay payment gateway is now supporting transactions conducted through major wallets that incorporate cryptocurrency as a funding source. Cryptocurrency wallets can be used directly at any point of sale (PoS) utilizing OLB’s OmniSoft cloud-based business services platform solutions. In addition, general-purpose wallet services—including Apple Pay and Google Pay—can be used to effortlessly and securely make purchases at any PoS serviced by OLB’s SecurePay gateway. SecurePay integrations with Apple Pay and Google Pay streamline transaction processing at the gateway for any funding source. When a consumer selects a cryptocurrency source in the payment app, the transaction is processed without additional steps or action by the consumer or merchant. SecurePay supports multiple cryptocurrencies, including Bitcoin, Ethereum, USDC and DAI, across all merchant platforms. Through this capability, the gateway provides merchants with the opportunity to accept alternative payment sources, alongside traditional card-based payments, without any equipment changes or investment. Merchants using the SecurePay gateway are paid in U.S. dollars and enjoy risk-free transactions secured by blockchain technology without the need to invest directly in digital currencies. SecurePay supports mobile, tablet, and cloud-based payment solutions and can be integrated into the merchant’s current payment ecosystem to facilitate cryptocurrency payment acceptance. Annonce • Feb 11
The OLB Group, Inc. Announces Plan to Offer Cryptocurrency Payment Options The OLB Group, Inc. announced it has upgraded its SecurePay payment gateway system to support Cryptocurrencies including Bitcoin, Ethereum, USDC and DAI across all merchant platforms. Merchants utilizing the OLB SecurePay gateway service or the OmniSoft cloud-based business management platform will immediately have the option to accept these alternative contactless payment methods without any equipment changes. Is New 90 Day High Low • Feb 05
New 90-day high: US$6.00 The company is up 69% from its price of US$3.55 on 06 November 2020. The American market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$11.81 per share. Is New 90 Day High Low • Dec 23
New 90-day high: US$4.90 The company is up 31% from its price of US$3.75 on 23 September 2020. The American market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$11.12 per share. Annonce • Nov 20
OLB’s Crowdpay Facilitates SMB Crowdfunding Under New Sec Rules The OLB Group, Inc. announced its CrowdPay cloud funding platform for issuers and broker-dealers simplifies capital raise activities for small-and medium-sized businesses in compliance with recently updated Securities and Exchange Commission (SEC) rules. CrowdPay is a scalable turnkey software platform for equity crowdfunding. The solution includes an intuitive website builder, support for mobile and all computer platforms, integrated investor accreditation, ID verification, payment options, and online escrow capabilities to address the needs of nearly any fundraise activity. With built-in Compliance Platform Technology, CrowdPay includes forms, digital signature support, and integration with multiple third-party applications and services. The platform enables investors and businesses to participate in fundraising activities in accordance with the SEC’s recent rule change to expand access to capital for small- and medium-sized businesses and entrepreneurs. Under the amended rules, crowdfunding campaign raise limits have increased from $1.07M to $5M and amended investment limits for individual investors to (i) remove the investment limits completely for accredited investors and (ii) use the greater of their annual income or net worth when calculating their investment limits for non-accredited investors. These relaxed limitations will enable broader investment participation by interested parties. Annonce • Nov 17
OLB Offers Payment Processing Options for Cannabis and CBD Merchants The OLB Group, Inc. announced its SecurePay payment gateway and OmniSoft cloud-based business management platform are ready to support merchants selling cannabis- and hemp-derived products, including CBD. The services will be available to merchants as soon as U.S. regulators allow. A patchwork of legalization across the U.S., combined with federal banking restrictions, have limited bank involvement with CBD and cannabis sellers. But the relaxation of federal administrative rules in 2020, along with the recent approval by voters for legalizing CBD products in multiple states, have encouraged banks to pursue business in this sector. OLB’s SecurePay payment gateway platform offers support for traditional card-based payment processing as well as new models, including QR-code, mobile app solutions such as Apple Pay and Google Pay, and automated clearing house (ACH) account-to-account transfers. In addition, OLB’s OmniSoft business management platform offers merchants a broad range of tools to market, operate, and manage their business. Available features include web-builder tools, e-commerce, in-store, and mobile sales tools, marketing templates and campaigns, and a variety of back-office features for order management and fulfillment, warehouse and inventory operations, and integrated bookkeeping support. Reported Earnings • Nov 15
Third quarter 2020 earnings released: US$0.11 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: US$2.31m (down 6.8% from 3Q 2019). Net loss: US$657.4k (loss widened 64% from 3Q 2019). Annonce • Nov 07
The OLB Group, Inc.'s SecurePay From OLB Group to Provide ACH Transaction Features for Businesses The OLB Group, Inc. announced its SecurePay payment gateway now offers secure transfer of funds within hours with support for ACH (Automated Clearing House) services. Through this feature, businesses can leverage SecurePay to facilitate faster payments, minimize labor costs, mitigate human error, and streamline operations. Key new features include: On-demand check printing and remittance which eliminates the cost and labor of in-house check writing processes. Digital check processing speeds the transfer and deposit of funds via the ACH network. Mobile app-based customer payment services meets remit data capture requirements of many government organizations. Digital payment solutions for business-to-business remittances eliminate paper checks, speeds fund availability, and automates accounting practices and documentation. Is New 90 Day High Low • Oct 28
New 90-day low: US$3.50 The company is down 66% from its price of US$10.40 on 28 July 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.78 per share. Annonce • Oct 16
The OLB Group, Inc. Integrates 3-D Secure to its Solutions Portfolio The OLB Group, Inc. announced it has integrated a comprehensive 3D Secure service for its merchants through its proprietary Secure Pay payment gateway. 3-D Secure is an essential security layer for merchants accepting online payments by authenticating consumers before transactions are completed. This technology protects both businesses and consumers from fraudulent activity and ensures that merchants are not liable for unauthorized chargebacks. 3-D Secure is backed and recognized by all major debit and credit card issuers, including Visa, Mastercard and American Express. Annonce • Sep 26
National Sports Services Selects OLB Group, Inc. to Provide Cloud-Based Cashless and Contactless Omnicommerce Solutions for Four Minor League Baseball Teams The OLB Group, Inc. has been selected to provide comprehensive merchant services solutions to National Sports Services (NSS), an operator of minor league baseball and hockey teams across the United States. NSS plans to initially deploy OLB™s solutions at its baseball properties in Lafayette, Indiana; Johnstown, Pennsylvania; Spartanburg, South Carolina; and Wilmington, North Carolina. The technology will be implemented in each home stadium the upcoming season. Topeka-based NSS will use OLB™s technology to take advantage of the profound economic and operational efficiencies associated with omnicommerce. The company plans to initially deploy this technology to sell and fulfill ticket orders electronically and at the box office, manage food and beverage concessions, and sell team merchandise at the stadium, and online. Each of NSS™s participating teams can configure the solution to manage their specific operating needs. The teams can also incorporate the platform™s analytics into specific promotional and marketing campaigns over the course of the season. Annonce • Aug 08
The OLB Group, Inc. has completed a Composite Units Offering in the amount of $6.3 million. The OLB Group, Inc. has completed a Composite Units Offering in the amount of $6.3 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 700,000