Onfolio Holdings Inc (OQ:ONFO)

Sector:  Industrials Industry:  Business Support Services
 
See Regulatory Filings on SEC
Company Contact
Address: 1007 North Orange Street 4Th Floor
WILMINGTON DE 19801
Tel: N/A
Website: https://onfolio.com
IR: See website
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Key People
Dominic Wells
Chairman of the Board, Chief Executive Officer, Chief Revenue Officer, Treasurer, Secretary
Esbe van Heerden
President, Chief Financial Officer
Adam Trainor
Chief Operating Officer
Business Overview
Onfolio Holdings Inc. acquires and manages a diversified portfolio of online businesses. The Company is engaged in Website management, advertising and content placement on its online businesses, and product sales on certain sites. The Company owns multiple online businesses and manages online businesses on behalf of certain unconsolidated entities in which it holds equity interests. It operates through business models, such as direct-to-consumer (D2C) e-commerce, business-to-business (B2B) SEO and marketing services, and B2B digital products. It owns and/or manages over 20 online businesses, including RevenueZen.com, Contentellect.com, ProofreadAnywhere.com/WorkAtHomeSchool.com/WorkYourWay2020.com, SEOButler.com, Preventdirectaccess.com/Passwordprotectwp.com, Mightydeals.com and others. RevenueZen.com is an online service provider that works with B2B brands to grow their organic and referral traffic. It also provides dentists with digital marketing services.
Financial Overview
For the six months ended 30 June 2024, Onfolio Holdings Inc revenues increased 24% to $3.3M. Net loss applicable to common stockholders decreased 41% to $1.6M. Revenues reflect Advertising and content revenue segment increase from $427K to $1.7M, Product sales segment increase of 6% to $328K. Lower net loss reflects Selling, general and administrative decrease of 13% to $2.8M (expense).
Employees: 10 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $5.22M as of Jun 30, 2024
Annual revenue (TTM): $5.89M as of Jun 30, 2024
EBITDA (TTM): -$2.03M as of Jun 30, 2024
Net annual income (TTM): -$7.27M as of Jun 30, 2024
Free cash flow (TTM): -$2.22M as of Jun 30, 2024
Net Debt Last Fiscal Year: $0.91M as of Jun 30, 2024
Shares outstanding: 5,127,396 as of Aug 14, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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