The OLB Group (The OLB Group) EBIT : $-23.11 Mil (TTM As of Mar. 2024)

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What is The OLB Group EBIT?

The OLB Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-2.39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-23.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The OLB Group's annualized ROC % for the quarter that ended in Mar. 2024 was -58.35%. The OLB Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -133.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The OLB Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -410.73%.

The OLB Group EBIT Historical Data

The historical data trend for The OLB Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The OLB Group EBIT Chart

The OLB Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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-0.09

-0.73

-4.86

-7.79

-23.13

The OLB Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															-2.62	-0.63	-1.86	-18.23	-2.39

Competitive Comparison of The OLB Group's EBIT

For the Software - Infrastructure subindustry, The OLB Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The OLB Group's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, The OLB Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The OLB Group's EV-to-EBIT falls into.

The OLB Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.11 Mil.

The OLB Group (NAS:OLB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The OLB Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-11.552 * ( 1 - 0% )	/	( (20.166	+	19.43)	/ 2 )
=	-11.552	/	19.798
=	-58.35 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	19.728	-	4.976	-	( 0.453	-	max(0, 7.235	-	1.821	+	0.453	))
=	20.166

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	18.281	-	4.684	-	( 0.552	-	max(0, 7.146	-	1.313	+	0.552	))
=	19.43

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

The OLB Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-9.552	/	( ( (5.872 + max(-6.012, 0))	+	(8.422 + max(-6.327, 0)) )	/	2 )
=	-9.552	/	( ( 5.872	+	8.422 )	/	2 )
=	-9.552	/	7.147
=	-133.65 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.467	+	0	+	0.497)	-	(4.976	+	0	+	2)
=	-6.012

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.207	+	0	+	0.15)	-	(4.684	+	0	+	2)
=	-6.327

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The OLB Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	-23.112	/	5.627
	=	-410.73 %

The OLB Group EBIT Related Terms

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The OLB Group (The OLB Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The OLB Group Inc (NAS:OLB) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036

Website

https://www.olb.com

The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.

Executives

Patrick G Smith	officer: Vice President	200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov	director, 10 percent owner, officer: see remarks	1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog	10 percent owner	C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst	director	8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof	director	200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell	director	SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis	director	96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc	officer: Chief Financial Officer	6371 S. GLENOAKS STREET, MURRAY UT 84107