ONAR Highlights FY24 Success in Highly Anticipated Shareholder Letter from CEO Claude Zdanow
Onar Holding (OTCQB:ONAR) released its FY24 annual shareholder letter highlighting significant growth and strategic achievements. The company reported a 57% increase in consolidated revenues for the first nine months compared to the previous year, along with a $250,000 reduction in Cost of Revenues.
Key developments include a strategic partnership with iQSTEL (OTCQX: IQST) for market expansion, Storia's securing of major client expansions, and Of Kos achieving a 44% Net Operating Income to Sales ratio. The company expanded its workforce globally, with 60% of employees now operating across five continents.
ONAR launched its innovation hub, ONAR Labs, focusing on AI, machine learning, and advanced analytics. The company plans to complete a strategic acquisition in H1 2025 and has begun establishing an independent Board of Directors in Q1 2025.
Onar Holding (OTCQB:ONAR) ha pubblicato la lettera annuale agli azionisti per l'anno fiscale 2024, evidenziando una crescita significativa e risultati strategici importanti. L'azienda ha registrato un aumento del 57% dei ricavi consolidati nei primi nove mesi rispetto all'anno precedente, insieme a una riduzione di 250.000$ nel costo dei ricavi.
Tra gli sviluppi chiave si annoverano una partnership strategica con iQSTEL (OTCQX: IQST) per l'espansione del mercato, l'acquisizione di importanti clienti da parte di Storia e il raggiungimento da parte di Of Kos di un rapporto del 44% tra Reddito Operativo Netto e Vendite. L'azienda ha ampliato la sua forza lavoro a livello globale, con il 60% dei dipendenti distribuiti su cinque continenti.
ONAR ha lanciato il suo centro di innovazione, ONAR Labs, focalizzato su intelligenza artificiale, apprendimento automatico e analisi avanzate. La società prevede di completare un'acquisizione strategica nella prima metà del 2025 e ha iniziato a istituire un Consiglio di Amministrazione indipendente nel primo trimestre del 2025.
Onar Holding (OTCQB:ONAR) publicó su carta anual para accionistas del año fiscal 2024, destacando un crecimiento significativo y logros estratégicos. La compañía reportó un aumento del 57% en ingresos consolidados durante los primeros nueve meses en comparación con el año anterior, junto con una reducción de 250,000$ en el costo de ingresos.
Entre los desarrollos clave se incluye una alianza estratégica con iQSTEL (OTCQX: IQST) para la expansión del mercado, la obtención de importantes ampliaciones de clientes por parte de Storia, y que Of Kos alcanzó una relación del 44% entre Ingreso Neto Operativo y Ventas. La empresa amplió su plantilla globalmente, con un 60% de empleados trabajando en cinco continentes.
ONAR lanzó su centro de innovación, ONAR Labs, enfocado en inteligencia artificial, aprendizaje automático y análisis avanzados. La compañía planea completar una adquisición estratégica en la primera mitad de 2025 y ha comenzado a establecer una Junta Directiva independiente en el primer trimestre de 2025.
Onar Holding (OTCQB:ONAR)은 2024 회계연도 연례 주주 서한을 발표하며 상당한 성장과 전략적 성과를 강조했습니다. 회사는 전년 대비 첫 9개월 동안 통합 매출이 57% 증가했으며, 매출원가를 25만 달러 줄였습니다.
주요 발전 사항으로는 시장 확장을 위한 iQSTEL (OTCQX: IQST)과의 전략적 파트너십, Storia의 주요 고객 확장 확보, 그리고 Of Kos가 매출 대비 순영업이익률 44%를 달성한 점이 있습니다. 회사는 전 세계적으로 인력을 확장하여 직원의 60%가 다섯 대륙에 걸쳐 근무하고 있습니다.
ONAR는 AI, 머신러닝, 고급 분석에 중점을 둔 혁신 허브인 ONAR Labs를 출범시켰습니다. 회사는 2025년 상반기에 전략적 인수를 완료할 계획이며, 2025년 1분기에 독립 이사회를 구성하기 시작했습니다.
Onar Holding (OTCQB:ONAR) a publié sa lettre annuelle aux actionnaires pour l'exercice 2024, mettant en avant une croissance significative et des réalisations stratégiques. La société a rapporté une augmentation de 57 % des revenus consolidés pour les neuf premiers mois par rapport à l'année précédente, ainsi qu'une réduction de 250 000 $ du coût des revenus.
Les développements clés incluent un partenariat stratégique avec iQSTEL (OTCQX: IQST) pour l'expansion du marché, l'obtention par Storia d'importantes extensions de clients, et Of Kos atteignant un ratio de 44 % de résultat opérationnel net sur ventes. L'entreprise a étendu ses effectifs à l'échelle mondiale, avec 60 % des employés répartis sur cinq continents.
ONAR a lancé son centre d'innovation, ONAR Labs, axé sur l'IA, l'apprentissage automatique et l'analyse avancée. La société prévoit de finaliser une acquisition stratégique au premier semestre 2025 et a commencé à établir un conseil d'administration indépendant au premier trimestre 2025.
Onar Holding (OTCQB:ONAR) veröffentlichte seinen jährlichen Aktionärsbrief für das Geschäftsjahr 2024 und hob dabei bedeutendes Wachstum und strategische Erfolge hervor. Das Unternehmen meldete einen 57%igen Anstieg der konsolidierten Umsätze in den ersten neun Monaten im Vergleich zum Vorjahr sowie eine Reduzierung der Umsatzkosten um 250.000$.
Zu den wichtigsten Entwicklungen zählen eine strategische Partnerschaft mit iQSTEL (OTCQX: IQST) zur Markterweiterung, Storias Gewinnung bedeutender Kundenexpansionen und Of Kos' Erreichen einer 44%igen Nettobetriebsergebnis-Marge im Verhältnis zum Umsatz. Das Unternehmen hat seine Belegschaft weltweit ausgeweitet, wobei 60% der Mitarbeiter auf fünf Kontinenten tätig sind.
ONAR hat sein Innovationszentrum, ONAR Labs, gestartet, das sich auf KI, maschinelles Lernen und fortgeschrittene Analytik konzentriert. Das Unternehmen plant, im ersten Halbjahr 2025 eine strategische Akquisition abzuschließen und hat begonnen, im ersten Quartal 2025 einen unabhängigen Verwaltungsrat zu etablieren.
- 57% increase in consolidated revenues for first nine months
- $250,000 reduction in Cost of Revenues
- Secured six-figure increase in annual marketing spend from major industrial client
- 44% Net Operating Income to Sales ratio achieved by Of Kos
- Strategic partnership with iQSTEL for market expansion
- Global workforce expansion across five continents
- None.
LOS ANGELES, CALIFORNIA / ACCESS Newswire / April 16, 2025 / Onar Holding Corporation (OTCQB:ONAR), a leading marketing technology company and network of marketing agencies, today released its annual shareholder letter from CEO Claude Zdanow. The letter provides a comprehensive overview of the company's performance in 2024, strategic initiatives, and outlook for the future.
In the letter, Zdanow highlights financial performance, new strategic partnerships, and expansion into new markets. He also addresses the launch of the Company's internal innovation hub, ONAR Labs, which is developing and testing cutting-edge solutions in AI, machine learning, and advanced analytics.
"Looking forward, we are optimistic about ONAR's prospects and the significant opportunities ahead," writes Zdanow. "We will continue to pursue strategic acquisitions, innovative partnerships, and technological advancements, all designed to drive long-term sustainable growth and maximize shareholder value."
Key highlights from the letter include:
Financial Performance: Achieved a
57% increase in consolidated revenues for the first nine months compared to the same period last year, and a reduction of approximately$250,000 in our Cost of Revenues year-over-year.Strategic Partnerships: Strengthened our competitive advantage through a notable alliance with iQSTEL, Inc. (OTCQX: IQST), aimed at mutual market expansion and technology collaboration.
Operational Excellence: Storia secured significant client expansions, including a substantial six-figure increase in annual marketing spend from a major industrial client, while Of Kos achieved a remarkable Net Operating Income to Sales ratio of approximately
44% .Enhanced Staffing: Expanded ONAR's workforce substantially, with
60% of our employees now operating across five continents, enhancing ONAR's ability to serve global clients with local market expertise.Technological Innovation: Launched ONAR Labs, our dedicated innovation hub focused on pioneering next-generation marketing technologies to support our subsidiaries and clients with transformative tools and technologies.
Future Developments: Plans to complete a strategic acquisition in H1 2025, subject to due diligence and regulatory approval, and began the establishment of an independent Board of Directors in the first quarter of 2025.
The full shareholder letter is available on the company's website at https://www.onar.com/news/fy24-annual-shareholder-letter
About ONAR
ONAR (OTCQB: ONAR) is a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled marketing services that drive revenue growth through an integrated, AI-driven approach. Committed to honor, candor, and best-in-class results, ONAR aims to lead the industry by example, ensuring every client relationship is deeply rooted in trust and excellence.
ONAR has nearly 50 employees across five continents, and it is aggressively expanding its team to support the company's growth and acquisition pipeline. Its agencies service over 45 clients across various industries:
Performance Marketing & SEO: Our high-touch performance marketing agency, Storia, specializes in brand growth, data-driven excellence, and paid advertising.
Full-Service Healthcare Marketing: Partnering with healthcare professionals, Of Kos provides the best possible patient experience and strives to revolutionize the standard of care.
Experiential Marketing & Events: CHALK is an experiential marketing powerhouse of event architects who turn bold ideas into unforgettable reality, designing events that dare to defy the ordinary.
Pioneering Technology Incubator: ONAR Labs is a team of data scientists, engineers, and industry experts who are identifying, developing, and commercializing innovative marketing technology solutions born from servicing our agency clients, battle-tested by our network to ensure real-world applicability and impact.
ONAR's network of agencies focuses on servicing companies ranging from
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing
Media Contact:
Sara Scully
Marketing Manager
ONAR
213-437-3081
IR@onar.com
SOURCE: Onar Holding Corporation
View the original press release on ACCESS Newswire
FAQ
What was ONAR's revenue growth in FY24?
How much did ONAR reduce its Cost of Revenues in FY24?
What is ONAR Labs and what is its purpose?
What are ONAR's strategic plans for 2025?
What was Of Kos's performance metric in the shareholder letter?
