Onfolio Holdings (ONFO) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 reached $2.81M, up 77% year-over-year and 12.8% sequentially, with February surpassing $1M in monthly revenue for the first time.

• Gross profit rose 70% year-over-year to $1.71M and 28% sequentially.

• Net loss increased to $806K from $478K in Q1 2024, including $272K in one-time stock-based compensation and $175K higher amortization.

• Operational efficiency improved, with cash used in operations down to $145K from $431K in Q1 2024.

• Cash at quarter-end was $0.67M, up from $0.48M at year-end 2024.

Financial highlights

• Total revenue: $2.81M in Q1 2025 vs. $1.59M in Q1 2024 and $2.49M in Q4 2024, driven by acquisitions and digital product sales.

• Gross profit: $1.71M in Q1 2025 vs. $1.00M in Q1 2024 and $1.32M in Q4 2024.

• Operating expenses rose to $2.49M from $1.46M, mainly due to higher advertising, stock-based compensation, and amortization.

• Net loss to common shareholders: $898K in Q1 2025 vs. $559K in Q1 2024.

• Cash used in operations decreased to $145K; cash provided by financing activities was $298K.

Outlook and guidance

• Management is focused on achieving profitability through operational discipline, cost reduction, and accretive acquisitions, targeting profitability in the second half of 2025.

• Continued organic growth and cross-selling initiatives are expected to drive further improvements.