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Onfolio Holdings Inc. Launches Referral Partner Program to Accelerate Adoption of AI Visibility Services
Globenewswire· 2025-06-10 14:00
WILMINGTON, Del., June 10, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTCQB: ONFOP) (“Onfolio” or the “Company”) today announced the official launch of its Referral Partner Program to support the rapid growth of its Generative Engine Optimization (GEO) business. The program offers recurring income and long-term upside to professionals who refer clients to Pace Generative LLC, Onfolio’s GEO subsidiary, which helps businesses gain visibility in AI-generated answers from tools like C ...
Onfolio Holdings Launches Pace Generative to Help Brands Dominate AI-Generated Search Results
Globenewswire· 2025-06-04 13:00
Purpose-built to meet growing demand for trusted exposure across ChatGPT, Gemini, Claude, Grok, and other leading AI platformsWILMINGTON, Del., June 04, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company") today announced the launch of Pace Generative LLC, a dedicated Generative Engine Optimization (GEO) agency created to help brands appear in AI-generated answers - a rapidly emerging opportunity in digital discovery and trust-building. As AI assista ...
Onfolio Holdings Loss Widens in Q1, Revenues Surge 77% Y/Y
ZACKS· 2025-05-22 16:36
Shares of Onfolio Holdings, Inc. (ONFO) have declined 4.8% since reporting results for the first quarter of 2025. This compares with the S&P 500 index’s 0.4% rise over the same time frame. Over the past month, the stock has lost 10.7% against the S&P 500’s 10.3% rally, signaling investor caution despite revenue growth and operational updates.Revenue & Earnings PerformanceOnfolio Holdings reported a 77% surge in revenues for the first quarter of 2025 to $2.81 million from $1.59 million in the same period of ...
Onfolio Holdings Inc. Announces First Quarter 2025 Financial Results and Provides Corporate Update
Globenewswire· 2025-05-16 13:00
WILMINGTON, Del., May 16, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company"), a company that primarily acquires and manages a portfolio of digital marketing and online education businesses, announces financial results for the first quarter ended March 31st 2025. Financial Highlights First quarter revenue increased 77% to $2.81M vs. $1.58M in the prior year period and increased 12.8% from $2.49M in Q4 of 2024First quarter gross profit increased 70% ...
Onfolio (ONFO) - 2025 Q1 - Quarterly Report
2025-05-15 21:09
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to ___________ Commission File Number: 001-41466 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ONFOLIO HOLDINGS INC. (Exact Name of Registrant as Specified in its Charter) Delaware 37-1978697 (Stat ...
Onfolio Holdings Inc. to Present on the Emerging Growth Conference on May 22, 2025
Globenewswire· 2025-05-14 12:33
WILMINGTON, Del., May 14, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company"), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation on the Emerging Growth Conference. The next Emerging Growth Conference is presenting on May 22, 2025. This live, interac ...
Onfolio Swings to Profit in Q4 as Revenues Nearly Double Y/Y
ZACKS· 2025-04-21 15:15
Shares of Onfolio Holdings Inc. (ONFO) have been unchanged since reporting results for the fourth quarter of 2024. This compares to the S&P 500 index’s 0.1% growth over the same time frame. Over the past month, the stock has gained 0.9% against the S&P 500’s 8.4% decline.Solid Revenue Growth & Narrower LossesOnfolio reported a revenue increase of 49% to $7.86 million in 2024, up from $5.24 million in 2023. Gross profit followed suit, growing 39% to $4.54 million from $3.24 million. Notably, this expansion c ...
Onfolio Holdings Inc. Announces Fourth Quarter and Year-End 2024 Financial Results and Provides Corporate Update
Globenewswire· 2025-04-16 12:00
WILMINGTON, Del., April 16, 2025 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company"), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces financial results for the fourth quarter and full year ended December 31, 2024. The Company's Annual Report on Form 10-K was filed with the Securities and Exchange Commission on April 15, 2025 and is available on the SEC's website at www. ...
Onfolio (ONFO) - 2024 Q4 - Annual Report
2025-04-15 22:10
Financial Performance - In 2024, Onfolio Holdings Inc. achieved a revenue increase of 50% year-over-year, reaching $7.8 million, primarily due to the acquisition of three new businesses[274]. - The gross profit margin slightly declined to 58% in 2024 from 62% in 2023, attributed to new acquisitions with lower margins[275]. - Operating loss significantly improved from $9.2 million to $2.5 million, driven by profitable acquisitions and disciplined expense management[275]. - In Q4 2024, Onfolio recorded a positive net income of $136,000, marking a crucial step towards sustained profitability[276]. - The Company reported a net loss of $1,773,942 for the year ended December 31, 2024, a significant improvement compared to a net loss of $9,150,066 in 2023[303]. - Total revenue increased by $2,622,091, or 50%, to $7,862,077 for the year ended December 31, 2024, driven by acquisitions including RevenueZen, DDS Rank, and Eastern Standard[303]. - Cost of revenue increased by $1,320,045, or 66%, to $3,317,200, with gross profit margins decreasing to 57% from 62%[304]. - B2B revenue surged by $2,996,664, or 218%, primarily due to the RevenueZen acquisition, while B2C revenue decreased by $374,573, or 10%[315][319]. - Total other income rose to $733,906 in 2024 from $92,778 in 2023, driven by changes in fair value related to the RevenueZen acquisition[310]. - Net cash used in operating activities decreased to $1,168,363 in 2024 from $2,751,838 in 2023, attributed to increased revenues and reduced general and administrative costs[323]. Acquisitions and Investments - The company acquired three new businesses in 2024, contributing a total of $6 million in revenue, with Eastern Standard being the largest acquisition at $4 million in revenue[279][281]. - The acquisition of Eastern Standard was completed for $2.16 million, with Onfolio holding a 70% ownership stake[294]. - The company holds a 35.8% interest in Onfolio JV IV, LLC, which focuses on acquiring and operating online businesses for advertising revenue[330]. - The company has entered into two asset purchase agreements with contingent earn-out payments: up to $60,000 for BWPS Business Acquisition and $680,662 for RevenueZen Acquisition, both contingent on performance criteria[340]. - The company has not made any earn-out payments as of December 31, 2024, for the contingent payments related to the acquisitions[340]. Capital and Financing - Series A preferred shares were quoted on the OTCQB on October 30, 2024, allowing the company to raise additional capital and reduce reliance on the OA SPV Capital Model[289]. - The Company raised $600,000 through a private offering of Series A preferred stock by December 31, 2023, and an additional $693,000 thereafter[321]. - The OA SPV Capital Model was launched in March 2024, enabling accredited retail investors to co-invest in acquisitions, facilitating the DDSRank and Eastern Standard acquisitions[285]. Operational Efficiency - General and Administrative expenses decreased by $263,355, or 4%, mainly due to reduced advertising and marketing costs[306]. - The Company incurred an impairment loss of $121,000 in 2024, a significant reduction from total impairment losses of $5,016,764 in 2023[309]. - Cash provided by investing activities was $451,000 in 2024, compared to cash used of $850,000 in 2023, primarily from the sale of WP Folio subsidiary assets[325]. Revenue Recognition and Accounting Policies - Revenue is primarily generated from website management, digital services, advertising, content placement, and product sales, with revenue recognized as services are provided or products are shipped[334]. - The company receives management fees of 10% and 20% from OA SPV and OA SPV 2, respectively, based on cash distributions, which are accounted for as revenue contracts[332]. - The company recognizes revenue from online course subscriptions on a deferred basis until performance obligations are satisfied[334]. - The company accounts for its investments in joint ventures under either the cost or equity method, depending on ownership interest, and does not classify them as variable interest entities[331]. - The company reviews long-lived assets for impairment at least annually, comparing carrying amounts to expected undiscounted cash flows[338]. - The company amortizes acquired definite-lived intangible assets over their estimated useful lives, while indefinite-lived assets are subject to annual impairment tests[335]. - No off-balance sheet arrangements are reported that could materially affect the company's financial condition[339]. Future Outlook - The company expects to achieve positive free cash flow in the near term and plans to continue pursuing fundraising and acquisition activities to accelerate growth[290]. - Onfolio aims to focus on finding profitable businesses, acquiring them, and improving operations to drive long-term value creation in 2025[291].
Onfolio Holdings Inc. Releases Shareholder Letter
Globenewswire· 2025-02-18 14:00
Core Insights - Onfolio Holdings Inc. has made significant progress in 2024, focusing on strategic acquisitions, evolving its operating model, expanding capital strategies, and moving towards profitability [2][11]. Group 1: Strategic Acquisitions - In 2024, Onfolio acquired three new businesses, adding eight revenue streams and generating $6 million in revenue [3]. - The acquisitions included RevenueZen, DDSRank, and Eastern Standard, which collectively demonstrated the company's ability to structure deals with minimal upfront cash [7]. Group 2: Operating Model Evolution - The company transitioned to a hybrid operating model in 2024, combining centralized strategy with decentralized execution, enhancing operational efficiency and growth [4][5]. - This model allows portfolio leaders to leverage Onfolio's expertise while focusing on their strengths, maximizing value creation [5]. Group 3: Capital Strategy Expansion - Onfolio launched Special Purpose Vehicles (SPVs) in March 2024, enabling accredited investors to co-invest in acquisitions, which helped fund key acquisitions while preserving cash [6]. - The company quoted its preferred shares on OTCQB, raising $1.5 million in preferred share financing since 2022, which provides liquidity and appeals to income-focused investors [9][10]. Group 4: Profitability Outlook - Throughout 2024, Onfolio significantly reduced losses and is now close to achieving profitability, with expectations of sustained profitability in the near term [11][12]. - The company plans to continue pursuing acquisitions and capital access to accelerate growth and long-term value creation [11][12]. Group 5: Future Plans - Looking ahead to 2025, Onfolio aims to continue acquiring high-quality businesses, expand capital raising efforts, and optimize operations for sustained growth [15].