OLB Group 2025 10-K: Revenue $8.68M, EPS (1.74)

OLB Group reported 2025 revenue of $8.68 million and a net loss per common share of $(1.74), with overall net loss improving versus the prior year largely due to lower operating expenses and reduced impairments. The company generated an operating loss of $(5.17) million and a net loss of $(5.87) million for the year, reflecting continued revenue pressure from its digital products and processing services. Management highlights operational actions including vendor transitions and a planned spin-off that are intended to improve margins and positioning going forward. Financial Highlights Total revenue: $8.68 million, decreased 32.4% versus 2024, driven primarily by lower Moola Cloud digital product and processing revenue.Operating income (loss): $(5.17) million, an improvement from the prior year operating loss of $(11.68) million, driven by lower impairment, depreciation and general & administrative expenses.Net loss: $(5.87) million, improved by $5.35 million versus 2024, principally from reduced operating expenses and impairments.Net loss applicable to common stockholders: $(6.68) million, which includes a $775,000 deemed dividend on preferred stock.Net loss per common share, basic and diluted: $(1.74); weighted average shares outstanding: 3.84 million. Business Highlights Revenue trend: Revenue declined 32% year-over-year to $8.68 million in 2025, attributed to lower transaction, subscription, and digital product sales within Moola Cloud.Channel & vendor transition: The company is transitioning Moola Cloud vendors to improve pricing; the majority of vendor transitions are expected to be completed by Q1 2026.Merchant processing scale: eVance processes more than $100 million and approximately 1.4 million transactions monthly; SecurePay is used by roughly 3,000 merchants, representing about $9 million gross merchandise volume per month.Product and segment developments: Highlights include the 2019 launch of instant merchant/ISO onboarding and the formation of subsidiaries OLBit (money transmission) and DMINT (Bitcoin mining).Operational actions and outlook: Management reduced amortization/depreciation and recorded asset impairments, leading to lower operating expenses; the company is pursuing a spin-off of DMINT pending S-1 filing and Nasdaq approval, which may affect future operational structure and focus.Original SEC Filing: OLB GROUP, INC. [ OLB ] - 10-K - Mar. 31, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.