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Olo (OLO) Intangible Assets : $224.5 Mil (As of Mar. 2024)


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What is Olo Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Olo's intangible assets for the quarter that ended in Mar. 2024 was $224.5 Mil.


Olo Intangible Assets Historical Data

The historical data trend for Olo's Intangible Assets 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.

Olo Intangible Assets Chart

Olo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial - - 182.59 229.48 225.52

Olo Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 228.49 227.50 226.51 225.52 224.53

Olo Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Olo  (NYSE:OLO) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Olo Intangible Assets Related Terms

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Olo (OLO) Business Description

Traded in Other Exchanges
N/A
Address
99 Hudson Street, 10th Floor, New York, NY, USA, 10013
Olo inc is an open Software as a Service platform for restaurants. Its platform powers restaurant brands' on-demand digital commerce operations, enabling digital ordering, delivery, front-of-house management, and payments, while further strengthening and enhancing restaurants' direct guest relationships. The company generates revenue from providing its customers access to its platform.
Executives
Joanna G Lambert officer: Chief Operating Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Robert Morvillo officer: General Counsel and Secretary C/O OLO INC., 99 HUDSON STREET, FLOOR 10, NEW YORK NY 10013
Sherri Manning officer: Chief People Officer 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Diego Panama officer: Chief Revenue Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Noah H. Glass director, officer: CEO C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Peter J. Benevides officer: Chief Financial Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Zuhairah Scott Washington director C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Lee Kirkpatrick director TWILIO INC, 645 HARRISON STREET THIRD FLOOR, SAN FRANCISCO CA 94107
Nithya B. Das officer: COO and Chief Legal Officer C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Daniel Harris Meyer director 24 UNION SQUARE EAST, SIXTH FLOOR, NEW YORK NY 10003
Marty D. Hahnfeld officer: Chief Customer Officer C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
Neville Colin director C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Russell N. Jones director C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
David A. Frankel director, 10 percent owner 1 MIFFLIN PLACE SUITE 300, CAMBRIDGE MA 02138
Linda Rottenberg director 1805 29TH ST, STE 2050, BOULDER CO 80302