--- title: "OLB | 10-Q: FY2026 Q1 Revenue: USD 1.656 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286845501.md" datetime: "2026-05-19T02:46:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286845501.md) - [en](https://longbridge.com/en/news/286845501.md) - [zh-HK](https://longbridge.com/zh-HK/news/286845501.md) --- # OLB | 10-Q: FY2026 Q1 Revenue: USD 1.656 M Revenue: As of FY2026 Q1, the actual value is USD 1.656 M. EPS: As of FY2026 Q1, the actual value is USD -0.08. EBIT: As of FY2026 Q1, the actual value is USD -1.27 M. ### Segment Revenue For the three months ended March 31, 2026, the Fintech Segment generated $1,603,579 in revenue, comprising $1,517,771 from transaction and processing fees, $21,391 from monthly recurring subscriptions, and $64,417 from digital product revenue. For the same period in 2025, Fintech Segment revenue was $2,236,054, with $2,058,277 from transaction and processing fees, $12,124 from merchant equipment rental and sales, $72,637 from monthly recurring subscriptions, and $93,016 from digital product revenue. The Bitcoin Mining Segment revenue was $52,765 in 2026, including $48,220 from bitcoin mining and $4,545 from monthly recurring subscriptions. In 2025, Bitcoin Mining Segment revenue was $85,482, entirely from bitcoin mining. Total revenue decreased by $665,192, or 28.7%, from $2,321,536 in 2025 to $1,656,344 in 2026, primarily due to a decrease in revenue related to Moola Cloud, LLC and a decline in the Cryptocurrency Mining segment due to the decreased value of Bitcoin. ### Operating Costs For the three months ended March 31, 2026, Fintech Segment operating expenses totaled $2,564,530, consisting of $1,481,251 in processing and servicing costs, $516,278 in salaries and wages, $111,336 in professional fees, and $455,665 in general and administrative expenses. For the same period in 2025, Fintech Segment operating expenses were $2,518,604, which included $1,808,814 in processing and servicing costs, $3,972 in amortization expense, $255,666 in salaries and wages, $69,793 in professional fees, and $380,359 in general and administrative expenses. Bitcoin Mining Segment operating expenses were $361,702 in 2026, including $3,410 in depreciation expense, $153,159 in salaries and wages, $31,069 in professional fees, and $174,064 in general and administrative expenses. In 2025, Bitcoin Mining Segment operating expenses were $651,611, comprising $258,349 in depreciation expense, $275,690 in salaries and wages, $7,780 in professional fees, and $109,792 in general and administrative expenses. Processing and servicing costs decreased by $327,563, or 18.1%, year-over-year. Amortization expense was $0 in 2026, down from $3,972 in 2025, as most assets were fully amortized. Depreciation expense for the Bitcoin Mining Segment decreased by $254,938, or 98.7%, to $3,410 in 2026 due to prior impairment or full depreciation of assets. Total salary and wage expense increased by $138,081, or 26%, to $669,437, mainly due to $130,120 in non-cash expense from common stock granted to the CEO. Professional fees increased by $64,832, or 83.6%, to $142,405, driven by higher legal fees. General and administrative expenses rose by $139,578, or 28.5%, to $629,729, largely due to increased utility and insurance expenses. ### Loss from Operations The Fintech Segment reported a loss from operations of - $960,951 in 2026, compared to - $282,550 in 2025. The Bitcoin Mining Segment’s loss from operations was - $308,937 in 2026, compared to - $566,129 in 2025. ### Net Loss The Fintech Segment recorded a net loss of - $768,645 in 2026, compared to - $522,869 in 2025. The Bitcoin Mining Segment’s net loss was - $308,937 in 2026, compared to - $566,129 in 2025. The total net loss for The OLB Group, Inc. decreased by $11,416 to - $1,077,582 in 2026 from - $1,088,998 in 2025. ### Other Income (Expense) Total other income for The OLB Group, Inc. was $192,306 in 2026, including - $100 in interest expense, $81,406 gain on settlement of accounts payable, and $111,000 gain on settlement of debt. In 2025, total other expense was - $240,319, consisting of - $225,319 in interest expense and - $15,000 in other expense. ### Cash Flow Net cash used in operating activities was - $1,338,207 for the three months ended March 31, 2026, compared to - $155,842 for the same period in 2025. Net cash provided by financing activities was $3,650,153 for the three months ended March 31, 2026, compared to $157,746 for the three months ended March 31, 2025. ### Unique Metrics As of December 31, 2025, the Bitcoin Mining Business segment (DMINT) had 1,000 computers, with 400 actively mining for Bitcoin. By March 31, 2026, DMINT had mined 60.71 Bitcoin. The carrying value of The OLB Group, Inc.’s Bitcoin was $47,891 (representing 0.70 Bitcoin at a fair value of $68,233) at March 31, 2026, compared to $7 (representing 0.0001 Bitcoin at a fair value of $87,509) at December 31, 2025. The Fintech Services segment, through Moola Cloud, LLC, operates a merchant network of approximately 31,600 locations in the United States. ### Outlook and Strategy Management intends to develop the OmniSoft software business and increase reliance on individualized merchant services to reduce dependence on eVance business revenue. The OLB Group, Inc. is in the process of spinning off its DMINT Bitcoin Mining segment into a standalone entity, which is anticipated to occur within the next twelve months. Following the spin-off, DMINT plans to raise capital through equity issuance or loans against its assets, with the Selmer, Tennessee mining facility projected to be fully operational with 5,000 machines in 2027. The company believes it possesses sufficient liquidity to sustain operations for at least the next twelve months, supported by expected capital raises, its ATM program, and loan proceeds from Ronny Yakov. ### Related Stocks - [OLB.US](https://longbridge.com/en/quote/OLB.US.md) ## Related News & Research - [Waymo is sharpening its stand-alone business with a $30 monthly subscription](https://longbridge.com/en/news/289491223.md) - [PowerFleet Q4 2026 Earnings Preview](https://longbridge.com/en/news/289616465.md) - [Can Bitcoin Hold the August 2024 Low?](https://longbridge.com/en/news/289503848.md) - [Soybean Analysis: 2026 Market Volatility and Trend](https://longbridge.com/en/news/289444628.md) - [ABB Ltd: ABB share buybacks - June 4, 2026 – June 10, 2026](https://longbridge.com/en/news/289436946.md)