OLB GROUP, INC. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Olb Group, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Olb Group, Inc. Operating Margin for the quarter ending March 31, 2024 was -87.3 %, a 170% decline year-over-year.
  • Olb Group, Inc. annual Operating Margin for 2023 was -76.8 %, a 185% decline from 2022.
  • Olb Group, Inc. annual Operating Margin for 2022 was -26.9 %, a 5.65% increase from 2021.
  • Olb Group, Inc. annual Operating Margin for 2021 was -28.5 %, a 279% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -76.8 -49.9 -185% Jan 1, 2023 Dec 31, 2023
2022 -26.9 +1.61 +5.65% Jan 1, 2022 Dec 31, 2022
2021 -28.5 -21 -279% Jan 1, 2021 Dec 31, 2021
2020 -7.52 -4.91 -188% Jan 1, 2020 Dec 31, 2020
2019 -2.61 -8.52 -144% Jan 1, 2019 Dec 31, 2019
2018 5.91 +727 Jan 1, 2018 Dec 31, 2018
2017 -721 -356 -97.4% Jan 1, 2017 Dec 31, 2017
2016 -366 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.