Onfolio Holdings Inc. Announces First Quarter 2025 Financial Results and Provides Corporate Update
Onfolio Holdings (NASDAQ: ONFO), a digital marketing and online education portfolio company, reported its Q1 2025 financial results. The company achieved significant growth with revenue increasing 77% to $2.81M compared to Q1 2024, and 12.8% sequentially from Q4 2024. Gross profit rose 70% to $1.7M year-over-year.
Despite revenue growth, the company's net loss widened to $0.80M, up from $0.47M in Q1 2024, primarily due to $0.27M in stock-based compensation and $0.17M in higher amortization expenses. Cash position improved to $0.67M, and the company raised non-dilutive capital through Series A Preferred Shares paying 12% annual dividends. Management expects potential profitability in H2 2025.
Onfolio Holdings (NASDAQ: ONFO), una società che opera nel marketing digitale e nell'educazione online, ha comunicato i risultati finanziari del primo trimestre 2025. L'azienda ha registrato una crescita significativa con un aumento del 77% dei ricavi a 2,81 milioni di dollari rispetto al primo trimestre 2024, e un incremento del 12,8% rispetto al quarto trimestre 2024. Il profitto lordo è salito del 70%, raggiungendo 1,7 milioni di dollari su base annua.
Nonostante la crescita dei ricavi, la perdita netta si è ampliata a 0,80 milioni di dollari, rispetto ai 0,47 milioni del primo trimestre 2024, principalmente a causa di 0,27 milioni di dollari di compensi azionari e 0,17 milioni di dollari di maggiori spese di ammortamento. La liquidità è migliorata a 0,67 milioni di dollari e la società ha raccolto capitale non diluitivo tramite azioni privilegiate di Serie A, con un dividendo annuo del 12%. La direzione prevede una possibile redditività nella seconda metà del 2025.
Onfolio Holdings (NASDAQ: ONFO), una empresa de marketing digital y educación en línea, reportó sus resultados financieros del primer trimestre de 2025. La compañía logró un crecimiento significativo con ingresos que aumentaron un 77% hasta 2.81 millones de dólares en comparación con el primer trimestre de 2024, y un 12.8% secuencialmente respecto al cuarto trimestre de 2024. La ganancia bruta creció un 70% hasta 1.7 millones de dólares interanual.
A pesar del crecimiento en ingresos, la pérdida neta de la compañía se amplió a 0.80 millones de dólares, desde 0.47 millones en el primer trimestre de 2024, principalmente debido a 0.27 millones en compensación basada en acciones y 0.17 millones en mayores gastos de amortización. La posición de efectivo mejoró a 0.67 millones, y la empresa recaudó capital no dilutivo mediante acciones preferentes Serie A con dividendos anuales del 12%. La dirección espera una posible rentabilidad en la segunda mitad de 2025.
Onfolio Holdings (NASDAQ: ONFO)는 디지털 마케팅 및 온라인 교육 포트폴리오 회사로서 2025년 1분기 재무 실적을 발표했습니다. 회사는 2024년 1분기 대비 매출이 77% 증가하여 281만 달러를 기록했으며, 2024년 4분기 대비 12.8% 증가했습니다. 총이익은 전년 대비 70% 증가하여 170만 달러에 달했습니다.
매출 증가에도 불구하고 순손실은 80만 달러로 확대되었으며, 이는 2024년 1분기의 47만 달러에서 증가한 수치입니다. 주로 27만 달러의 주식 기반 보상과 17만 달러의 상각비 증가 때문입니다. 현금 보유액은 67만 달러로 개선되었고, 회사는 연 12% 배당을 지급하는 시리즈 A 우선주를 통해 희석되지 않는 자본을 조달했습니다. 경영진은 2025년 하반기에 잠재적 수익성을 기대하고 있습니다.
Onfolio Holdings (NASDAQ : ONFO), une société spécialisée dans le marketing digital et l'éducation en ligne, a publié ses résultats financiers du premier trimestre 2025. L'entreprise a enregistré une croissance significative avec un chiffre d'affaires en hausse de 77 % à 2,81 millions de dollars par rapport au premier trimestre 2024, et une progression de 12,8 % par rapport au quatrième trimestre 2024. Le bénéfice brut a augmenté de 70 % pour atteindre 1,7 million de dollars sur un an.
Malgré cette croissance du chiffre d'affaires, la perte nette de la société s'est creusée à 0,80 million de dollars, contre 0,47 million au premier trimestre 2024, principalement en raison de 0,27 million en rémunérations en actions et de 0,17 million en charges d'amortissement accrues. La trésorerie s'est améliorée à 0,67 million, et la société a levé des fonds non dilutifs via des actions préférentielles de série A offrant un dividende annuel de 12 %. La direction prévoit une rentabilité potentielle au second semestre 2025.
Onfolio Holdings (NASDAQ: ONFO), ein Unternehmen im Bereich digitales Marketing und Online-Bildung, meldete seine Finanzergebnisse für das erste Quartal 2025. Das Unternehmen erzielte ein signifikantes Wachstum mit einem Umsatzanstieg von 77% auf 2,81 Mio. USD im Vergleich zum ersten Quartal 2024 und einem 12,8%-Anstieg gegenüber dem vierten Quartal 2024. Der Bruttogewinn stieg im Jahresvergleich um 70% auf 1,7 Mio. USD.
Trotz des Umsatzwachstums vergrößerte sich der Nettoverlust auf 0,80 Mio. USD, nach 0,47 Mio. USD im ersten Quartal 2024, hauptsächlich bedingt durch 0,27 Mio. USD aktienbasierte Vergütungen und 0,17 Mio. USD höhere Abschreibungskosten. Die Liquiditätsposition verbesserte sich auf 0,67 Mio. USD, und das Unternehmen sammelte nicht verwässerndes Kapital durch Series-A-Vorzugsaktien mit einer jährlichen Dividende von 12%. Das Management erwartet eine mögliche Profitabilität in der zweiten Hälfte 2025.
- Revenue grew 77% YoY to $2.81M and 12.8% QoQ
- Gross profit increased 70% YoY to $1.7M
- Cash position improved from $0.48M to $0.67M
- Cash used in operations decreased to $0.14M
- Successfully raised non-dilutive capital through Series A Preferred Shares
- Management projects potential profitability in H2 2025
- Net loss increased 72% YoY to $0.80M
- Operating expenses rose 71% YoY to $2.49M
- Reversed from Q4 2024's $0.14M profit to Q1 2025's $0.80M loss
- High 12% dividend rate on Series A Preferred Shares
Insights
Despite 77% revenue growth, Onfolio's widening losses and minimal cash balance raise concerns about near-term profitability timeline and financial sustainability.
Onfolio's Q1 2025 results present a mixed financial picture. The company achieved impressive 77% year-over-year revenue growth to
However, several concerning metrics overshadow these growth figures. The net loss widened significantly to
The balance sheet appears precarious with just
Management's claim about potentially achieving profitability in H2 2025 warrants skepticism given the widening losses and operational metrics. The company's reliance on their Series A Preferred Shares paying
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 increased12.8% from$2.49M in Q4 of 2024 - First quarter gross profit increased
70% to$1.7M vs.$1M in the prior year period and increased28% from$1.32M in Q4 of 2024 - First quarter total operating expenses increased
71% to$2.49M vs.$1.45M in the prior year period and increased23% from$2.01M in Q4 of 2024 - First quarter net loss increased
72% to$0.80M vs.$0.47M in the prior year period and vs. a$0.14M gain in Q4 of 2024 - Cash at 3/31/25 was
$0.67M vs.$0.48M at 12/31/24
“We substantially increased our revenue and gross profit during the first quarter of 2025. Our cash used in operations decreased to
“While our net loss increased from
“During the first quarter of 2025, we also raised non-dilutive capital through the sale of our Series A Preferred Shares, which have consistently paid a
“We remain highly focused on continued organic growth within our core digital marketing and online education business units and are pursuing strategic acquisitions to strengthen those businesses.
“If we continue to execute well on our organic and strategic growth initiatives, we could achieve profitability during the second half of 2025,” concluded Dominic Wells.
About Onfolio Holdings
Onfolio Holdings acquires controlling interests in and actively manage small online businesses that we believe (i) operate in sectors with long-term growth opportunities, (ii) have positive and stable cash flows, (iii) face minimal threats of technological or competitive obsolescence and (iv) can be managed by our existing team or have strong management teams largely in place. Through the acquisition and growth of a diversified group of online businesses with these characteristics, we believe we offer investors in our shares an opportunity to diversify their own portfolio risk. Visit www.onfolio.com for more information.
Forward-Looking Statements
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may" "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1A "Risk Factors" in our most recent Form 10-K and 10Q; other risks to which our Company is subject; other factors beyond the Company's control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
| For investor inquiries: |
| investors@onfolio.com |
| Onfolio Holdings, Inc. | ||||||||
| Consolidated Balance Sheets | ||||||||
| March 31 | December 31 | |||||||
| 2025 | 2024 | |||||||
| Assets | ||||||||
| Current Assets: | ||||||||
| Cash | $ | 666,115 | $ | 476,874 | ||||
| Accounts receivable, net | 688,763 | 755,804 | ||||||
| Inventory | 47,027 | 65,876 | ||||||
| Prepaids and other current assets | 200,763 | 138,007 | ||||||
| Total Current Assets | 1,602,668 | 1,436,561 | ||||||
| Intangible assets | 3,022,099 | 3,323,211 | ||||||
| Goodwill | 4,203,145 | 4,210,557 | ||||||
| Fixed Assets | 4,707 | 5,135 | ||||||
| Due from related party | 128,385 | 126,530 | ||||||
| Investment in unconsolidated joint ventures, cost method | 213,007 | 213,007 | ||||||
| Investment in unconsolidated joint ventures, equity method | 269,140 | 268,231 | ||||||
| Other assets | 3,495 | 9,465 | ||||||
| Total Assets | $ | 9,446,646 | $ | 9,592,697 | ||||
| Liabilities and Stockholders Equity | ||||||||
| Current Liabilities: | ||||||||
| Accounts payable and other current liabilities | $ | 1,018,752 | $ | 969,068 | ||||
| Dividends payable | 105,468 | 100,797 | ||||||
| Notes payable, current | 526,010 | 702,634 | ||||||
| Notes Payable - Related Party, current | - | 400,000 | ||||||
| Contingent consideration | 308,943 | 981,591 | ||||||
| Deferred revenue | 654,971 | 589,913 | ||||||
| Total Current Liabilities | 2,614,144 | 3,744,003 | ||||||
| Notes payable | 790,000 | 450,000 | ||||||
| Notes payable - related parties | 1,049,000 | 1,049,000 | ||||||
| Due to joint ventures - long term | - | - | ||||||
| Total Liabilities | 4,453,144 | 5,243,003 | ||||||
| Commitments and Contingencies | ||||||||
| Stockholders' Equity: | ||||||||
| Preferred stock, | ||||||||
| Series A Preferred stock, | 165 | 134 | ||||||
| Common stock, | 5,128 | 5,128 | ||||||
| Additional paid-in capital | 23,459,650 | 22,316,751 | ||||||
| Accumulated other comprehensive income | 97,152 | 68,105 | ||||||
| Accumulated deficit | (19,976,595 | ) | (19,078,287 | ) | ||||
| Total Onfolio Inc. stockholders equity | 3,585,500 | 3,311,831 | ||||||
| Non-Controlling Interests | 1,408,002 | 1,037,863 | ||||||
| Total Stockholders' Equity | 4,993,502 | 4,349,694 | ||||||
| Total Liabilities and Stockholders' Equity | $ | 9,446,646 | $ | 9,592,697 | ||||
| The accompanying notes are an integral part of these consolidated financial statements | ||||||||
| Onfolio Holdings, Inc. | ||||||||
| Consolidated Statements of Operations | ||||||||
| For the Three Months Ended March 31, | ||||||||
| 2025 | 2024 | |||||||
| Revenue, services | $ | 1,796,595 | $ | 723,551 | ||||
| Revenue, product sales | 1,015,348 | 863,351 | ||||||
| Total Revenue | 2,811,943 | 1,586,902 | ||||||
| Cost of revenue, services | 1,016,860 | 366,706 | ||||||
| Cost of revenue, product sales | 87,963 | 215,860 | ||||||
| Total cost of revenue | 1,104,823 | 582,566 | ||||||
| Gross profit | 1,707,120 | 1,004,336 | ||||||
| Operating expenses | ||||||||
| Selling, general and administrative | 2,221,346 | 1,185,184 | ||||||
| Professional fees | 237,905 | 180,190 | ||||||
| Acquisition costs | 33,410 | 94,341 | ||||||
| Impairment of goodwill and intangible assets | - | - | ||||||
| Total operating expenses | 2,492,661 | 1,459,715 | ||||||
| Loss from operations | (785,541 | ) | (455,379 | ) | ||||
| Other income (expense) | ||||||||
| Equity method income (loss) | 909 | (5,154 | ) | |||||
| Dividend income | 2,250 | - | ||||||
| Interest income (expense), net | (100,720 | ) | (17,720 | ) | ||||
| Other income | 4,983 | 427 | ||||||
| Gain on change in fair value of contingent consideration | 54,173 | - | ||||||
| Impairment of investments | - | - | ||||||
| Gain on sale of business | - | - | ||||||
| Total other income | (38,405 | ) | (22,447 | ) | ||||
| Loss before income taxes | (823,946 | ) | (477,826 | ) | ||||
| Income tax (provision) benefit | 17,518 | - | ||||||
| Net loss | (806,428 | ) | (477,826 | ) | ||||
| Net loss attributable to noncontrolling interest | 12,041 | 664 | ||||||
| Net loss attributable to Onfolio Holdings Inc. | (794,387 | ) | (477,162 | ) | ||||
| Preferred Dividends | (103,921 | ) | (81,645 | ) | ||||
| Net loss to common shareholders | $ | (898,308 | ) | $ | (558,807 | ) | ||
| Net loss per common shareholder | ||||||||
| Basic and diluted | $ | (0.18 | ) | $ | (0.11 | ) | ||
| Weighted average shares outstanding | ||||||||
| Basic and diluted | 5,127,395 | 5,107,395 | ||||||
| The accompanying notes are an integral part of these consolidated financial statements | ||||||||
| Onfolio Holdings, Inc. | ||||||||||||||||||||||||||||||||||||
| Consolidated Statements of Stockholders' Equity | ||||||||||||||||||||||||||||||||||||
| For the Three Months Ended March 31, 2025 and 2024 | ||||||||||||||||||||||||||||||||||||
| Preferred Stock, | Common Stock, | Additional | Accumulated | Accumulated Other | Non | Stockholders' | ||||||||||||||||||||||||||||||
| Shares | Amount | Shares | Amount | Paid-In Capital | Deficit | Comprehensive Income | Controlling Interest | Equity | ||||||||||||||||||||||||||||
| Balance, December 31, 2024 | 134,460 | $ | 134 | 5,127,395 | $ | 5,128 | $ | 22,316,751 | $ | (19,078,287 | ) | $ | 68,105 | $ | 1,037,863 | $ | 4,349,694 | |||||||||||||||||||
| - | - | - | - | - | - | |||||||||||||||||||||||||||||||
| Sale of preferred stock for cash | 28,000 | 28 | - | - | 699,972 | - | - | - | 700,000 | |||||||||||||||||||||||||||
| Preferred stock and common stock options issued for payment of contingent consideration | 2,800 | 3 | - | - | 169,997 | - | - | - | 170,000 | |||||||||||||||||||||||||||
| Stock-based compensation | - | - | - | - | 272,930 | - | - | - | 272,930 | |||||||||||||||||||||||||||
| Payment of note payble by NCI | 400,000 | 400,000 | ||||||||||||||||||||||||||||||||||
| Preferred dividends | - | - | - | - | - | (103,921 | ) | - | - | (103,921 | ) | |||||||||||||||||||||||||
| Foreign currency translation | - | - | - | - | - | - | 29,047 | - | 29,047 | |||||||||||||||||||||||||||
| Distribution to non-controlling interest | (17,820 | ) | (17,820 | ) | ||||||||||||||||||||||||||||||||
| Net loss | - | - | - | - | - | (794,387 | ) | - | (12,041 | ) | (806,428 | ) | ||||||||||||||||||||||||
| Balance, March 31, 2025 | 165,260 | 165 | 5,127,395 | 5,128 | 23,459,650 | (19,976,595 | ) | 97,152 | 1,408,002 | 4,993,502 | ||||||||||||||||||||||||||
| Balance, December 31, 2023 | 92,260 | 93 | 5,107,395 | 5,108 | 21,107,311 | (16,957,854 | ) | 182,465 | - | 4,337,123 | ||||||||||||||||||||||||||
| Acquisition of Business | 17,000 | 17 | - | - | 484,983 | - | - | 126,000 | 611,000 | |||||||||||||||||||||||||||
| Sale of preferred stock for cash | 400 | - | - | - | 10,000 | - | - | - | 10,000 | |||||||||||||||||||||||||||
| Stock-based compensation | - | - | - | - | 17,887 | - | - | - | 17,887 | |||||||||||||||||||||||||||
| Preferred dividends | - | - | - | - | - | (81,645 | ) | - | - | (81,645 | ) | |||||||||||||||||||||||||
| Foreign currency translation | - | - | - | - | - | - | (39,134 | ) | (39,134 | ) | ||||||||||||||||||||||||||
| Distribution to non-controlling interest | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||||||
| Net loss | - | - | - | - | - | (477,826 | ) | - | (664 | ) | (478,490 | ) | ||||||||||||||||||||||||
| Balance, March 31, 2024 | 109,660 | $ | 110 | 5,107,395 | $ | 5,108 | $ | 21,620,181 | $ | (17,517,325 | ) | $ | 143,331 | $ | 125,336 | $ | 4,376,741 | |||||||||||||||||||
| The accompanying notes are an integral part of these consolidated financial statements | ||||||||||||||||||||||||||||||||||||
| Onfolio Holdings, Inc. | ||||||||
| Consolidated Statements of Cash Flows | ||||||||
| For the Three Months Ended March 31, 2025 and 2024 | ||||||||
| 2025 | 2024 | |||||||
| Cash Flows from Operating Activities | ||||||||
| Net loss | $ | (806,428 | ) | $ | (477,826 | ) | ||
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||
| Stock-based compensation expense | 272,930 | 17,887 | ||||||
| Equity method loss (income) | (909 | ) | 5,154 | |||||
| Dividends received from equity method investment | - | - | ||||||
| Amortization of intangible assets | 301,112 | 125,219 | ||||||
| Depreciation expense | 428 | |||||||
| Impairment of intangible assets | - | - | ||||||
| Change in FV of contingent consideration | (54,173 | ) | - | |||||
| Net change in: | ||||||||
| Accounts receivable | 67,041 | (33,681 | ) | |||||
| Inventory | 18,849 | 117 | ||||||
| Prepaids and other current assets | (56,786 | ) | (81,328 | ) | ||||
| Accounts payable and other current liabilities | 49,684 | (33,390 | ) | |||||
| Due to joint ventures | (1,855 | ) | 3,557 | |||||
| Deferred revenue | 65,058 | 34,284 | ||||||
| Due to related parties | - | 9,000 | ||||||
| Net cash used in operating activities | (145,049 | ) | (431,007 | ) | ||||
| Cash Flows from Investing Activities | ||||||||
| Cash paid to acquire businesses | - | (240,000 | ) | |||||
| Investments in unconsolidated entities | - | (10,000 | ) | |||||
| Investment in cryptocurrency | - | - | ||||||
| Net cash used in investing activities | - | (250,000 | ) | |||||
| Cash Flows from Financing Activities | ||||||||
| Proceeds from sale of Series A preferred stock | 700,000 | 10,000 | ||||||
| Proceeds from exercise of stock options | - | - | ||||||
| Payments of preferred dividends | (99,250 | ) | (70,122 | ) | ||||
| Distributions to non-controlling interest holders | (17,820 | ) | - | |||||
| Proceeds from notes payable | - | 350,000 | ||||||
| Payments on note payables | (176,624 | ) | (25,743 | ) | ||||
| Payments on acquisition note payables | - | - | ||||||
| Proceeds from notes payable - related parties | - | - | ||||||
| Payments on note payables - related parties | - | - | ||||||
| Payments on contingent consideration | (108,475 | ) | - | |||||
| Net cash provided by financing activities | 297,831 | 264,135 | ||||||
| Effect of foreign currency translation | 36,459 | (35,612 | ) | |||||
| Net Change in Cash | 189,241 | (452,484 | ) | |||||
| Cash, Beginning of Period | 476,874 | 982,261 | ||||||
| Cash, End of Period | 666,115 | $ | 529,777 | |||||
| Cash Paid For: | ||||||||
| Income Taxes | $ | - | $ | - | ||||
| Interest | $ | 100,720 | $ | 18,360 | ||||
| Non-cash transactions: | ||||||||
| Preferred dividends accrued | $ | 103,921 | $ | 81,645 | ||||
| Notes payable issued for asset acquisitions | $ | - | $ | 440,000 | ||||
| Preferred stock issued for acquisitions | $ | - | $ | 425,000 | ||||
| Settlement of contingent consideration | $ | 510,000 | $ | - | ||||
| Non-controlling interest issued for settlement of note payable | $ | 400,000 | $ | - | ||||
| The accompanying notes are an integral part of these consolidated financial statements | ||||||||
FAQ
What were Onfolio Holdings (ONFO) Q1 2025 revenue and growth rate?
Why did ONFO's net loss increase in Q1 2025?
When does Onfolio Holdings (ONFO) expect to become profitable?
How much cash does Onfolio Holdings (ONFO) have as of Q1 2025?
What is the dividend rate on Onfolio Holdings' Series A Preferred Shares?
