Welcome to our dedicated page for Onfolio Holdings news (Ticker: ONFO), a resource for investors and traders seeking the latest updates and insights on Onfolio Holdings stock.
Onfolio Holdings Inc. (ONFO) is a holding company that acquires and manages online businesses and has publicly outlined a strategy that combines operating cash flow with a digital asset treasury. Its news flow provides insight into how the company is executing this model across acquisitions, portfolio optimization, financing, and cryptocurrency-related initiatives.
Recent press releases describe Onfolio as an owner-operator of cash-generative online businesses and as a company that pairs operating profits from digital businesses with the upside and staking yield from digital assets. News items have covered topics such as a strategic roadmap toward profitability and cash flow self-sufficiency, actions to reduce debt and interest expense, and the deployment of capital into Bitcoin, Ethereum, and Solana as part of a multi-token treasury strategy.
Investors following ONFO news can expect updates on quarterly financial results, including revenue trends across its B2B and B2C segments, as well as commentary on optimization and growth initiatives within its portfolio of digital marketing and online education businesses. Releases also highlight developments at subsidiaries, such as the progress of its AI marketing unit Pace Generative and partnership programs for content and course creators.
Onfolio’s disclosures frequently address financing arrangements, including private offerings of common stock and warrants, preferred stock dividends, and a convertible note facility designed to support both operating growth and digital asset purchases. For readers tracking ONFO, the news stream offers a view into how the company balances capital allocation between its operating portfolio and digital asset treasury, and how these decisions relate to its stated goal of building a modern public holding company. Bookmark this page to access ongoing corporate updates, strategic announcements, and regulatory news related to Onfolio Holdings Inc.
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Onfolio Holdings Inc. (Nasdaq: ONFO) has appointed Ravi Jayagopal as CEO of its subsidiary WPFolio, a WordPress plugin development company. Jayagopal brings over 25 years of experience in the online business industry and extensive WordPress expertise. This appointment follows Onfolio's strategic decision to decentralize management structure after experiencing triple-digit growth in Q4 2022.
Jayagopal, an accomplished software architect and author of eight books on technology platforms, will focus on serving WordPress creators and developers. WPFolio aims to develop and acquire WordPress plugins that help content creators protect and monetize their intellectual property. This aligns with WordPress's significant market presence, powering 43% of all websites globally, representing over 810 million websites.
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Onfolio Holdings (NASDAQ: ONFO, ONFOW) reported robust financial results for Q4 and full year 2022, showing a remarkable revenue increase of 159% year-over-year (YOY) to $1.12M in Q4, while gross profit surged 340% to $0.75M. However, the company faced a net loss of $1.31M in Q4, widening compared to previous periods. For the full year, revenue climbed 23% to $2.22M, but total expenses rose 98% to $5.31M, resulting in a yearly net loss of $4.43M. The CEO highlighted a strategic shift to Onfolio 2.0, focusing on service businesses and e-commerce opportunities, aided by recent acquisitions including SEOButler Ltd. and Proofread Anywhere. With a cash reserve of $6.7M, Onfolio aims to pursue non-dilutive financing to support its growth strategy and move towards profitability.
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