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Onfolio Holdings Loss Widens in Q1, Revenues Surge 77% Y/Y
ZACKS· 2025-05-22 16:36
Core Viewpoint - Onfolio Holdings, Inc. has experienced a decline in stock price despite significant revenue growth, indicating investor caution regarding the company's financial performance and future profitability [1][12]. Revenue & Earnings Performance - The company reported a 77% increase in revenues for Q1 2025, reaching $2.81 million, up from $1.59 million in Q1 2024, driven by organic growth and contributions from acquisitions [2]. - Gross profit rose 70% to $1.71 million from $1 million year-over-year, reflecting improved service revenues and margin gains despite rising costs [2]. - A net loss of $0.9 million was reported, widening 61% from a loss of $0.6 million in the previous year, with loss per share increasing to 18 cents from 11 cents [3]. Cost and Expense Analysis - Cost of revenues surged 90% year-over-year to $1.10 million, aligning with growth in service delivery and product sales [4]. - Operating expenses increased 71% to $2.49 million from $1.46 million, driven by higher selling, general and administrative costs, professional fees, and a one-time spike in stock-based compensation [4]. - Stock-based compensation accounted for $272,930 of the expense increase, primarily non-recurring [4]. Adjusted EBITDA and Cash Flow - Adjusted EBITDA for the quarter was negative $88,310, an improvement from negative $472,163 in Q1 2024, indicating a more favorable trend in core earnings when excluding one-time costs [5]. - Cash burn was reduced to $145,049 in Q1 2025 from $431,007 in the same period last year, reflecting operational improvements [6]. Business Segmentation and Growth Drivers - B2B services, particularly from RevenueZen and Eastern Standard, significantly contributed to revenue growth, with B2B revenues soaring to $1.69 million from $678,122 year-over-year [7]. - The gross profit margin improved due to a decline in product sales' cost ratio and the addition of higher-margin service revenues [7]. Interest Expenses and Financial Obligations - Interest expenses increased more than fivefold year-over-year to $100,720, influenced by debt-financed acquisitions and preferred stock dividends totaling $103,921 for the quarter [8]. Management Guidance and Strategy - Management remains confident in achieving profitability in the second half of 2025, contingent on successful execution of organic growth initiatives and targeted acquisitions [10]. - The company is expanding its AI integration strategy, focusing on automated content production and marketing efficiencies to enhance margins [10]. Recent Developments - No new acquisitions were closed in Q1 2025, but the company continued integrating its 2024 acquisitions, funded through a mix of seller notes, preferred equity, and debt [11]. - Onfolio successfully raised $700,000 in Series A Preferred Shares during the quarter to strengthen its balance sheet for future expansion [11].
Azerion Launches Open and Independent Multi-Cloud and AI Platform
Globenewswire· 2025-05-22 13:32
Amsterdam, 22 May 2025 – Azerion, the leading European digital advertising company, is launching its new Multi-Cloud and AI platform, Azerion Intelligence. In a time where independence, open choices and scalable AI compute power are more relevant than ever, Azerion offers European businesses affordable, independent cloud hosting, access to open-source AI capabilities, and a marketplace of AI-powered apps and agents tailored for digital marketing and publishing. This new platform by Azerion enables AI-enha ...
AGRIForce CEO Jolie Kahn to Speak at Bitcoin 2025 Conference
Globenewswire· 2025-05-22 13:10
Core Insights - AgriFORCE Growing Systems Ltd. is participating in Bitcoin 2025, focusing on agricultural and digital energy innovation [1][4] - CEO Jolie Kahn will discuss the impact of AI, demand response, and heat reuse on Bitcoin mining efficiency [2][3] Company Overview - AgriFORCE is a technology company addressing challenges in agriculture, digital infrastructure, and environmental innovation [5] - The company emphasizes energy-efficient operations and long-term value creation through proprietary infrastructure strategies and clean energy deployment [5] Event Details - The Bitcoin 2025 Conference will take place from May 27–29, 2025, in Las Vegas, attracting stakeholders from blockchain, energy, and digital infrastructure sectors [4] - Jolie Kahn's panel discussion is scheduled for May 28, 2025, at 12:00 PM, focusing on innovative strategies in the Bitcoin mining sector [3]
HIVE Digital Technologies achieves 9.5 EH/s hashrate, targets 25 EH/s by year-end
Proactiveinvestors NA· 2025-05-22 12:42
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Benchmark Initiates Research Coverage of TNL Mediagene
Prnewswire· 2025-05-22 12:02
Company Overview - TNL Mediagene is a Tokyo-based digital media and data group formed in May 2023 through the merger of Taiwan's The News Lens Co. and Japan's Mediagene Inc. [5] - The company operates original and licensed media brands in Japanese, Chinese, and English, covering various topics including news, business, technology, science, food, sports, and lifestyle [5]. - TNL Mediagene offers AI-driven advertising services, marketing technology platforms, e-commerce, and innovative solutions tailored to advertising agencies [5]. - The company is known for its political neutrality, appeal to younger audiences, and high-quality content, employing approximately 500 staff across Asia with offices in Japan, Taiwan, and Hong Kong [5]. Research Coverage - The Benchmark Company, LLC has initiated research coverage of TNL Mediagene, providing an independent research report that reflects their views [1][2]. - Benchmark is recognized for delivering superior client service and in-depth market and industry expertise, covering over 400 companies across multiple industries [4]. Strategic Focus - TNL Mediagene's operations are focused on expanding its footprint in the digital media landscape, leveraging its diverse media brands and technological capabilities to enhance its market position [5][4].
中远海科:2025年继续保持战略定力 提供有价值的数字化赋能产品和数据服务
Quan Jing Wang· 2025-05-22 10:11
Core Viewpoint - The company aims to maintain strategic focus in 2025, actively engaging with the service market and tracking the shipping logistics industry's demands while leveraging its competitive advantages in technology, product quality, and brand reputation to provide valuable digital empowerment products and data services [1][2]. Group 1: Strategic Initiatives - The company plans to enhance marketing efforts for productized and platform-based services, such as its core products and platforms including Ship Vision, Navigation Security, and iShipping, to increase the proportion of high-quality business and improve gross profit levels [2]. - Establishing a major client management center to strengthen operations with both internal and external large clients is a key initiative [2]. - The company will focus on its core business, aiming to strengthen its digital shipping and supply chain services, leveraging the rich application scenarios of the China COSCO Shipping Group to build core competitiveness and expand its business [2]. Group 2: Industry Focus and Development - The company is accelerating the development of digital shipping products for external markets and advancing the smart shipping industry, which includes smart vessels, smart ports, smart shipping services, smart operations, and smart regulation [2]. - There is a commitment to optimizing and upgrading the structure of digital city and transportation businesses, with a strong emphasis on the digital transformation of transportation infrastructure, artificial intelligence, and data application platforms and products [2]. - The company will increase research and development efforts on products that address client concerns such as inspection, overload control, cost reduction, maintenance, and energy conservation, aiming to enhance overall revenue and profit levels [2].
2 Nasdaq-100 Stocks I'd Buy Without Hesitation Right Now
The Motley Fool· 2025-05-22 08:00
The Nasdaq-100 plunged earlier this year following the Liberation Day tariffs, sinking into a bear market. Over the past few weeks, however, the index has come roaring back and now sits less than 5% below the peak it hit in February.While the economy still remains uncertain as trade negotiations play out and consumer sentiment has weakened substantially, there are several good buys in the index of the 100 most valuable Nasdaq stocks.Keep reading to see two Nasdaq-100 stocks I'd buy without hesitation. 1. Th ...
AI商业应用空间有望持续拓展,数字经济ETF(560800)逆市上涨
Sou Hu Cai Jing· 2025-05-22 02:37
数字经济ETF紧密跟踪中证数字经济主题指数,中证数字经济主题指数选取涉及数字经济基础设施和数字化程度较高的应用领域上市公司证券作为指数样 本,以反映数字经济主题上市公司证券的整体表现。 数据显示,截至2025年4月30日,中证数字经济主题指数(931582)前十大权重股分别为东方财富(300059)、中芯国际(688981)、汇川技术(300124)、寒武纪 (688256)、北方华创(002371)、海光信息(688041)、韦尔股份(603501)、海康威视(002415)、中科曙光(603019)、澜起科技(688008),前十大权重股合计占比 51.5%。 截至2025年5月22日 10:06,中证数字经济主题指数(931582)上涨0.20%,成分股士兰微(600460)上涨3.22%,沪硅产业(688126)上涨2.85%,韦尔股份(603501) 上涨2.31%,澜起科技(688008)上涨1.61%,三环集团(300408)上涨1.50%。数字经济ETF(560800)上涨0.13%,最新价报0.76元。(以上所列示股票为指数成份 股,仅做示意不作为个股推荐。过往持仓情况不代表基金未来的投资方 ...
新纽科技展开数字人业务探索,众企业入局或将有效扩大数字人产业成长空间
Zheng Quan Zhi Xing· 2025-05-22 01:11
他表示,技术层面上,我国当前大多数数字人仍在技术方面存在融合与衔接方面不流畅等问题。这直接 导致了在使用中数字人可能出现的交互反应延迟、动作生硬、表情不自然等表现,让使用体验大打折 扣。而现阶段高质量的技术制作与高精度的品质把控又会直接提高数字人产品的整体成本,影响数字人 面向更广泛下沉市场的广泛普及与应用。另一方面,在伦理与合规上,数字人产品通常会包含肖像权、 版权等归属问题,那么随着数字人的进一步市场化商用,由此产生的内容及形象如何能达到监管要求, 如何合理保障数字人产品供应链中的多方权益等,都急需数字人产业多方与相关监管部门来共同探讨、 协商与解决。 同时,该分析人士还指出,参与到数字人产业的企业在后续发展中应不断寻找企业创新技术与市场合规 发展之间的有效平衡点,快速让自身推广与研发的数字人产品或解决方案真正从底层的"技术展现"升级 为更高层次的"价值创造",从而为我国产业数字化升级提供持续且有力的核心驱动力。 此前,中国互联网协会发布《中国数字人发展报告(2024)》中提到,截至2024年,中国与数字人相关的 企业已达114.4万家,仅2024年前五个月就新增注册企业17.4万余家。同时该报告还分析认 ...
Scott+Scott Attorneys at Law LLP Files Securities Class Action Against Ibotta, Inc. (NYSE: IBTA)
GlobeNewswire News Room· 2025-05-21 22:25
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit in the United States District Court for the District of Colorado against Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA), and certain of its directors, officers, and the underwriters of Ibotta’s April 18, 2024 initial public offering (“IPO”) (collectively, “Defendants”). The Class Action asserts claims ...