Vemanti Group Strengthens Revenue and Earnings Outlook Through Full Ownership of ONUS Pro
Globenewswire·2025-11-18 13:30

Core Insights - Vemanti Group, Inc. has completed the acquisition of the remaining 49% equity interest in XPLOR Technology Pte. Ltd., achieving 100% ownership of XPLOR and its ONUS Pro platform, which is a significant step towards its NASDAQ uplisting and long-term growth strategy [1][2][4] Financial Performance - For the nine months ended September 30, 2025, Vemanti reported total gross revenue of $21.66 million and net income of $3.37 million attributable to the company, with expectations for improved financial performance following the removal of non-controlling interest [3] Strategic Developments - The acquisition allows Vemanti to consolidate ONUS Pro's operations, technology infrastructure, and financial results under its full control, enhancing operational execution and strategic planning [2][4] - Chien Tran, Co-Founder of ONUS Pro, has joined Vemanti's Board of Directors, which is expected to support the company's long-term business expansion plans [2][4] Company Overview - Vemanti Group is a diversified technology holding company focused on emerging markets in Southeast Asia, operating in various sectors of digital financial services and seeking growth through strategic partnerships and acquisitions [5] - XPLOR Technology Pte. Ltd. is a technology-focused holding company in Singapore, managing a portfolio of financial technology ventures aimed at redefining the financial landscape [6] - ONUS Pro is a leading digital asset exchange platform in Southeast Asia, offering a user-friendly interface and a complete ecosystem of investment products with access to over 600 digital assets [7]