Onfolio Holdings (ONFO) Registration filing summary

Company overview and business model

• Acquires and manages a diversified portfolio of online businesses in B2B and B2C sectors, focusing on digital marketing, eCommerce, and digital products.

• Targets businesses with stable cash flows, growth potential, and minimal obsolescence risk.

• Operates through wholly-owned subsidiaries and joint ventures, with a decentralized, cross-border management team.

• Recent acquisitions include Eastern Standard, DDS Rank, and RevenueZen, expanding B2B service offerings.

• Divested non-core assets to align with strategic focus on B2B agencies and information products.

Financial performance and metrics

• Revenue for the year ended December 31, 2024 was $7.86 million, up 50% from 2023; net loss narrowed to $1.77 million from $9.15 million.

• For the six months ended June 30, 2025, revenue grew 80% year-over-year to $5.96 million; net loss was $1.34 million.

• Gross profit margin decreased slightly to 57% in 2024 from 62% in 2023.

• Cash and cash equivalents were $514,259 as of June 30, 2025; accumulated deficit was $20.6 million.

• Auditor expressed substantial doubt about ability to continue as a going concern due to recurring losses and negative cash flows.

Use of proceeds and capital allocation

• Up to $31 million in gross proceeds may be raised from warrant exercises, to be used for acquisitions, working capital, and general corporate purposes.

• No current agreements for acquisitions; management has broad discretion over use of funds.

• Proceeds may be invested in short-term, investment-grade securities pending use.