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Onfolio Holdings Inc. Warrant - ONFOW STOCK NEWS

Welcome to our dedicated page for Onfolio Holdings Warrant news (Ticker: ONFOW), a resource for investors and traders seeking the latest updates and insights on Onfolio Holdings Warrant stock.

Onfolio Holdings Inc actively manages small online businesses that operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence, and can be managed by existing teams or have management teams largely in place.

The company's consolidation of business functions is expected to result in more than $500,000 per year in savings and move the company to profitability.

DDS Rank is expected to add more than $310,000 in revenue and generate around $200,000 in earnings before interest, taxes, depreciation, and amortization.

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. Our company excels at finding acquisition opportunities where the seller has not fully optimized their business, and our experience and skillset allow us to add increased value to these existing businesses. Visit www.onfolio.com for more information.

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On May 29, 2024, Onfolio Holdings announced that its subsidiary, RevenueZen, acquired substantially all assets of First Page Strategy. The acquisition involves a small initial payment and a revenue share agreement over the next 36 months. First Page Strategy, known for its successful B2B content marketing, SEO, and advertising services, generated approximately $190k in Q1 2024, with an annual revenue run rate of $760k. This acquisition is expected to bring significant cost savings, strengthen client relationships, and enhance Onfolio's profitability. RevenueZen, which specializes in B2B marketing services, will integrate First Page Strategy’s operations and teams, aiming to leverage synergies for future growth.

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Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) reported first quarter 2024 financial results, showcasing notable improvements. Revenue increased 17% to $1.59M compared to $1.35M in Q1 2023 and $1.27M in Q4 2023. Gross profit rose 35% to $1.00M, and total operating expenses decreased by 23% to $1.61M. Net loss reduced significantly by 51% to $0.63M, and cash used in operations was the lowest since IPO. The company also highlighted a key acquisition of RevenueZen and a strategic joint venture, 'Onfolio Agency SPV,' aimed at enhancing profitability through new acquisitions. CEO Dominic Wells expressed optimism about achieving profitability soon.

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Onfolio Holdings Inc. announces its financial results for Q4 and full year 2023, highlighting revenue growth, gross profit increase, and decreased net loss. The company completed the acquisition of RevenueZen and a joint venture to acquire more B2B marketing agencies. Despite facing challenges in raising capital, Onfolio is optimistic about achieving profitability through strategic acquisitions and expense reduction.
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Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) closed an asset purchase agreement with RevenueZen LLC, acquiring its business assets for $1,105,000. The deal includes cash, preferred shares, and a secured promissory note. RevenueZen, a B2B marketing agency, had $1.4m in revenue and $227,000 in unaudited adjusted EBITDA in 2023. Onfolio expects to increase its bottom line by $150k/year through synergies with its portfolio companies. CEO Dominic Wells and RevenueZen founder Alex Boyd are optimistic about the acquisition's growth prospects.
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Onfolio Holdings Inc. (ONFO, ONFOW) announces the launch of DealPipe, a service for sourcing 'off-market' acquisition targets. The service was launched on November 17th and received dozens of inquiries in the first 24 hours, indicating strong initial interest.
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Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) announces the successful launch of the Kencos pocket inhaler by its molecular hydrogen supplement subsidiary, Vital Reaction. The innovative product is positioned as an alternative to vaping or smoking, with a strong appeal to those looking to quit. CEO Dom Wells highlights the importance of product launches for Vital Reaction's growth, while Shaun Thresher expresses excitement about bringing the benefits of Molecular Hydrogen to a wider audience. The launch of Kencos resulted in $14,500 in sales in its first week, accounting for 17% of Vital Reaction's October revenue.
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Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) announces that its Web3 media brand 'Web3 Gam3r' achieved its first profitable month in October. The brand, started at the end of the last Crypto bull run in early 2022, aims to build a media presence in the crypto gaming space. Onfolio CEO Dom Wells emphasizes the importance of achieving profitability to capture large upside during the next crypto bull run. The Web3 Gam3r brand includes a Youtube Channel, newsletter, and social media presence, offering reviews, marketing, and influencer services for upcoming Web3 games.
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Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) Announces Financial Results for Q3 2023, Reveals 273% Revenue Growth and 526% Gross Profit Increase
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Onfolio Holdings Inc. CEO Dominic Wells will speak at the Chiang Mai SEO Conference in Thailand on November 10, 2023, to discuss ways for successful companies to advance their business, particularly focusing on SEO strategies and traffic sourcing.
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Onfolio Holdings Inc. announces cost-reducing measures to optimize operations and create financial efficiencies. The company downsizes certain head office personnel while maintaining revenue generating staff. Cost reductions include headcount reductions, elimination of inefficient roles, and merging of business lines. Savings of approximately $1 million per year expected.
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FAQ

What is the current stock price of Onfolio Holdings Warrant (ONFOW)?

The current stock price of Onfolio Holdings Warrant (ONFOW) is $0.24 as of December 24, 2024.

What kind of businesses does Onfolio Holdings Inc actively manage?

Onfolio actively manages small online businesses that operate in sectors with long-term growth opportunities, have positive and stable cash flows, and face minimal threats of technological or competitive obsolescence.

What is the expected outcome of the company's consolidation of business functions?

The consolidation of business functions is expected to result in more than $500,000 per year in savings and move the company to profitability.

What is the expected revenue and earnings from the acquisition of DDS Rank?

DDS Rank is expected to add more than $310,000 in revenue and generate around $200,000 in earnings before interest, taxes, depreciation, and amortization.

What is the core strategy of Onfolio Holdings Inc?

Onfolio Holdings acquires controlling interests in and actively manages small online businesses that have long-term growth opportunities, positive cash flows, minimal threats of obsolescence, and strong management teams in place.

Where can I find more information about Onfolio Holdings Inc?

For more information about Onfolio Holdings Inc and its acquisition opportunities, visit www.onfolio.com.

Onfolio Holdings Inc. Warrant

Nasdaq:ONFOW

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5.13M
Internet Content & Information
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United States of America
WILMINGTON