Onfolio Swings to Profit in Q4 as Revenues Nearly Double Y/Y

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 ...