---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-024540"
form_type: "8-K"
ticker: "OLB"
cik: "0001314196"
company_name: "OLB GROUP, INC."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T08:59:43.928081+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OLB Group FY2022 revenue up 81.7% to $30.4M; Bitcoin mining spinoff planned

## Summary
- Total revenue $30.4M vs $16.7M in 2021, an 81.7% increase.
- Fintech Services segment revenue $29.6M; Cryptocurrency Business $726k.
- Processing and servicing costs $23.2M, up 71.8%; G&A $4.5M, up 88.1%.
- Transaction volume annualized run rate $1.2B; 12.9M transactions processed in 2022.
- Company debt-free; transferred 1000 ASIC miners to Tennessee facility; plans spinoff of DMint.

## SEC filing metadata
- accession: 0001213900-23-024540
- form_type: 8-K
- ticker: OLB
- cik: 0001314196
- company_name: OLB GROUP, INC.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1314196/000121390023024540/0001213900-23-024540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1314196/000121390023024540/ea176084-8k_theolbgroup.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-024540
- JSON: https://secwatch.observer/filing/0001213900-23-024540.json
- Plain text: https://secwatch.observer/filing/0001213900-23-024540.txt

## Key facts
- Earnings Releases
  OLB GROUP, INC. reported the fiscal year ended December 31, 2022 results: revenue $30,368,979.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $30,368,979
  - Result: reported results
  source text: For the year ended December 31, 2022, we had total revenue of $30,368,979 compared to $16,710,759 of revenue for the year ended December 31, 2021, an increase of $13,658,220 or 81.7%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1314196/000121390023024540/0001213900-23-024540-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.