Streetbeat News

ONFO

Onfolio Holdings, Inc.

https://www.onfolio.com

Industry

Internet Content & Information

Onfolio Holdings, Inc. acquires and manages a diversified and profitable portfolio of online businesses. It provides website management services; advertising and content placement services on its websites; and product sales on various sites. The company was founded in 2018 and is based in Wilmington, Delaware.

Open

1.36

Mkt cap

6.9M

Volume

42K

High

1.38

P/E Ratio

-0.94

52-wk high

1.80

Low

1.26

Div yield

N/A

52-wk low

0.39

Onfolio Holdings Inc. released its third quarter 2024 financial results, highlighting its performance and providing a corporate update. The company manages a diversified portfolio of online businesses.

Portfolio Pulse from

November 15, 2024 | 2:15 pm

Onfolio Holdings Inc. has acquired a 70% stake in Eastern Standard for $1.66 million, using Series A Preferred Shares and secured promissory notes. Eastern Standard, a digital marketing service provider, generated $4 million in revenue and $630,000 in EBITDA for 2023.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:16 pm

Onfolio Holdings is set to acquire a 90% ownership stake in the assets of Eastern Standard for $2.16 million. This acquisition could potentially enhance Onfolio's asset portfolio and market position.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:17 pm

Onfolio Holdings shares are trading higher following the company's report of a year-over-year increase in Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 4:20 pm

Onfolio Holdings (NASDAQ:ONFO) reported a Q2 EPS of $(0.17), an improvement from $(0.26) YoY, and sales of $1.73M, up from $1.31M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:04 pm

Shares in the broader communication services sector are trading lower due to concerns over the US economy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 7:45 pm

The article highlights the intraday movements of several communication services stocks on Monday. Urban One, Creative Realities, Leafly Holdings, Emerald Holding, Onfolio Holdings, and Direct Digital Holdings saw significant gains, while Sify Technologies, Hanryu Holdings, Golden Matrix Group, Society Pass, and Shenandoah experienced notable declines.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 4:31 pm

The article highlights the intraday movements of several communication services stocks on Friday. Notable gainers include Leafly Holdings (LFLY), Cumulus Media (CMLS), GD Culture Group (GDC), Hanryu Holdings (HRYU), Chicken Soup for the Soul (CSSE), and iHeartMedia (IHRT). On the losing side, Able View Global (ABLV), 36KR Holdings (KRKR), Motorsport Games (MSGM), Onfolio Holdings (ONFO), ZW Data Action Tech (CNET), and Moving iMage Technologies (MITQ) saw declines.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 4:31 pm

Onfolio Holdings is set to acquire a majority interest in SEO Marketing Inc.'s assets, with the deal expected to close early next week.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:21 pm

Onfolio Holdings has reported results from its recent operational streamlining efforts. The company has seen improvements in efficiency and cost reductions as a result of these changes.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 1:11 pm

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