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

1.47

Mkt cap

6.7M

Volume

80K

High

1.58

P/E Ratio

-2.18

52-wk high

1.88

Low

1.30

Div yield

N/A

52-wk low

0.39

Onfolio Holdings Inc. released a shareholder letter from its CEO, providing updates on the company's activities and strategies.

Portfolio Pulse from

February 18, 2025 | 2:15 pm

Zacks has initiated coverage of Onfolio (ONFO) with a 'Neutral' rating. The company is leveraging acquisitions for growth but faces challenges with profitability, debt, and liquidity.

Portfolio Pulse from

February 12, 2025 | 5:00 pm

Onfolio Holdings Inc. has declared a quarterly cash dividend of $0.75 per share on its series A preferred stock, highlighting its commitment to returning value to shareholders.

Portfolio Pulse from

December 20, 2024 | 9:15 pm

Onfolio Holdings Inc. has appointed Adam Trainor as interim Chief Financial Officer, effective January 1, 2025. This leadership change may impact the company's financial strategy and operations.

Portfolio Pulse from

December 20, 2024 | 1:45 pm

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.