The OLB Group Inc gross margin has been in long-term decline. The average rate of decline per year is -6.7%.
The historical rank and industry rank for The OLB Group's Gross Margin % or its related term are showing as below:
OLB'
s Gross Margin % Range Over the Past 10 Years
Min: 6.61 Med: 22.37 Max: 78.68
Current: 18.23
During the past 13 years, the highestGross Margin % of The OLB Group was 78.68%. The lowest was 6.61%. And the median was 22.37%.
OLB's Gross Margin % is ranked worse than 84.22% of 2624
companies
in the Software industry
Industry Median: 41.67
vs OLB: 18.23
The OLB Group had a gross margin of -1.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for The OLB Group was -6.70% per year.
The OLB Group Gross Margin % Historical Data
The historical data trend for The OLB Group's Gross Margin % 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.
Competitive Comparison of The OLB Group's Gross Margin %
For the Software - Infrastructure subindustry, The OLB Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Software Industry
For the Software industry and Technology sector, The OLB Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where The OLB Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
The OLB Group (NAS:OLB) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
The OLB Group had a gross margin of -1.74% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
The OLB Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of The OLB Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
The OLB Group (The OLB Group) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OLB has been successfully added to your 