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Onfolio Holdings Inc. Completes DDS Rank Acquisition
ONFOOnfolio (ONFO) GlobeNewswire News Room·2024-06-24 12:30

DDS Rank provides dentists with digital marketing services including search-engine optimization, paid advertising, and web design. During 2023, DDS Rank generated approximately 310,000inrevenueand310,000 in revenue and 190,000 in unaudited adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA"). Onfolio believes that within the next 1 or 2 fiscal quarters, it can double the revenue and EBITDA of DDS Rank through increased marketing efforts and operational improvements. On the deal structure, Wells ...