O
Onfolio Holdings, Inc
ONFOWCIK 0001825452NasdaqEmerging GrowthServices-Computer Processing & Data PreparationDelawareFY ends Dec 31
Period
FY 2025
Revenue
$10.73M
Net Income
$-2.59M
Total Assets
$11.36M
Equity
$2.48M
Shares Out
5.86M
Op. Cash Flow
$-938.2K
Business
Onfolio Holdings, Inc acquires, actively manages and scales small, high-growth online businesses across multiple verticals. It offers direct-to-consumer eCommerce, B2B SEO and digital marketing services, online courses, content publishing, software/plugins and agency web development and branding services. The company operates through a portfolio structure of owned subsidiaries, managed joint-venture sites, agency businesses (including Eastern Standard, DDS Rank, RevenueZen), and DealPipe for off-market deal sourcing. It distributes products and services primarily over the Internet to U.S. and international consumers, agencies and business clients.
Summary from filing dated 2025-04-16
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue, services | 7 | 5 | 1 | — | — | |
| Revenue, product sales | 3 | 3 | 4 | — | — | |
| Total Revenue | 11 | 8 | 5 | 2 | 2 | |
| Cost of revenue, services | 4 | 3 | 837,888 | — | — | |
| Cost of revenue, product sales | 389,568 | 708,139 | 1 | — | — | |
| Total cost of revenue | 4 | 3 | 2 | 1 | 1 | |
| Gross profit | 6 | 5 | 3 | 1 | 735,033 | |
| Selling, general and administrative | 7 | 6 | 6 | 4 | 2 | |
| Professional fees | 1 | 948,751 | 1 | 509,941 | 208,193 | |
| Impairment of goodwill and intangible assets | 439,964 | 121,000 | 5 | 0 | — | |
| Acquisition costs | 68,625 | 264,731 | 326,899 | 527,792 | 0 | |
| Total operating expenses | 9 | 7 | 12 | 5 | 3 | |
| Loss from operations | −3 | −3 | −9 | −4 | −2 | |
| Equity method income | 767 | −4,812 | 13,190 | 34,432 | 50,684 | |
| Dividend income | 26,095 | 12,157 | 1,610 | 3,193 | — | |
| Interest income (expense), net | −498,409 | −101,667 | 75,041 | −2,152 | −9,805 | |
| Change in fair value of digital assets | −226,753 | 0 | — | — | — | |
| Change in fair value of derivative liabilities | 1 | 0 | — | — | — | |
| Other Income | 2,093 | 6,183 | 2,937 | 13,223 | 0 | |
| Impairment of investments | −293,998 | 0 | — | — | — | |
| Change in fair value of contingent consideration | 111,813 | 368,464 | — | — | — | |
| Gain on sale of subsidiary | 0 | 453,581 | 0 | — | — | |
| Total other income | 200,607 | 733,906 | — | — | — | |
| Loss before income taxes | −3 | −2 | −9 | −4 | −2 | |
| Income tax (provision) benefit | 17,390 | 0 | 0 | 0 | 1,314 | |
| Net loss | −3 | −2 | −9 | — | — | |
| Net loss attributable to noncontrolling interest | −48,291 | 7,737 | 0 | — | — | |
| Net loss attributable to Onfolio Holdings Inc. | −3 | −2 | −9 | −4 | −2 | |
| Preferred Dividends | −474,851 | −354,228 | −227,298 | −195,145 | −106,825 | |
| Net loss to common shareholders | −3 | −2 | −9 | −4 | −2 | |
| Basic and diluted (per share) | −0.58 | −0.41 | −1.84 | — | — | |
| Basic and diluted (shares) | 5 | 5 | 5 | — | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 476,874 | 982,261 | 7 | — | |
| Accounts receivable, net | 476,578 | 755,804 | 90,070 | 137,598 | — | |
| Inventory | 44,800 | 65,876 | 92,637 | 105,129 | 98,397 | |
| Prepaids and other current assets | 227,224 | 138,007 | 111,097 | 212,180 | 159,791 | |
| Total Current Assets | 3 | 1 | 1 | 7 | 2 | |
| Intangible assets | 2 | 3 | 2 | 4 | 1 | |
| Goodwill | 4 | 4 | 2 | 4 | 0 | |
| Fixed assets | 3,423 | 5,135 | 0 | — | — | |
| Due from related party | 95,189 | 126,530 | 150,971 | — | — | |
| Investment in digital assets | 2 | 9,465 | — | — | — | |
| Investment in unconsolidated joint ventures, cost method | 188,007 | 213,007 | 154,007 | — | — | |
| Investment in unconsolidated joint ventures, equity method | 0 | 268,231 | 273,042 | 280,326 | — | |
| Total Assets | 11 | 10 | 5 | 16 | 4 | |
| Accounts payable and other current liabilities | 1 | 969,068 | 493,816 | — | — | |
| Dividends payable | 121,789 | 100,797 | 68,011 | 54,404 | 1,498 | |
| Notes payable - current | 487,658 | 312,634 | 17,323 | 68,959 | 28,514 | |
| Notes payable - related parties, current | 897,904 | 790,000 | 0 | — | — | |
| Contingent consideration | 164,382 | 981,591 | — | — | — | |
| Deferred revenue | 497,113 | 589,913 | 149,965 | — | — | |
| Derivative liability | 3 | 0 | — | — | — | |
| Total Current Liabilities | 7 | 4 | 789,115 | 3 | 311,463 | |
| Notes payable | 0 | 450,000 | 0 | — | — | |
| Notes payable - related parties | 480,141 | 1 | 0 | — | — | |
| Convertible notes, net of discount | 276,273 | 0 | — | — | — | |
| Total Liabilities | 7 | 5 | 789,115 | 3 | 466,463 | |
| Common stock, $0.001 par value, 50,000,000 shares authorized, 5,863,214 and 5,127,395 issued and outstanding at December 31, 2025 and 2024; | 5,864 | 5,128 | 5,108 | 70 | 2,354 | |
| Additional paid-in capital | 25 | 22 | 21 | 20 | 7 | |
| Accumulated other comprehensive income | 91,110 | 68,105 | 182,465 | 96,971 | — | |
| Accumulated deficit | −22 | −19 | −17 | −8 | −3 | |
| Total Onfolio Inc. stockholders' equity | 2 | 3 | 4 | 12 | 3 | |
| Non-Controlling Interests | 1 | 1 | 0 | — | — | |
| Total Stockholders' Equity | 4 | 4 | 4 | 12 | — | |
| Total Liabilities and Stockholders' Equity | 11 | 10 | 5 | 16 | 4 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation expense | 240,653 | 56,887 | 591,558 | 944,995 | 768,030 | |
| Depreciation expense | 1,712 | 0 | — | — | — | |
| Amortization of debt discounts and debt issuance costs | 140,685 | 0 | — | — | — | |
| Change in fair value of contingent consideration | −111,813 | −368,464 | — | — | — | |
| Amortization of intangible assets | 1 | 906,737 | 680,693 | 124,832 | 0 | |
| Change in fair value of digital assets | 229,086 | 0 | — | — | — | |
| Earnings on digital assets | −2,333 | 0 | — | — | — | |
| Change in fair value of derivative liabilities | −1 | 0 | — | — | — | |
| Impairment of intangible assets | 439,964 | 121,000 | 5 | — | — | |
| Impairment of Investment | 293,998 | 0 | — | — | — | |
| Accounts receivable | 286,637 | −282,002 | 47,528 | −122,974 | 39,277 | |
| Inventory | 21,076 | 26,761 | 12,492 | 8,125 | −58,806 | |
| Prepaids and other current assets | −89,217 | 4,891 | 101,083 | — | — | |
| Accounts payable and other current liabilities | 97,634 | 477,247 | −56,638 | — | — | |
| Due to joint ventures | 31,341 | 24,441 | −39,251 | −9,730 | −7,532 | |
| Deferred revenue | −92,800 | 86,850 | 36,714 | 60,123 | 3,000 | |
| Net cash used in operating activities | −938,248 | −1 | −3 | −3 | −1 | |
| Proceeds from sale of subsidiary | 0 | 780,000 | 0 | — | — | |
| Cash paid to acquire businesses | 0 | −255,000 | −850,000 | −4 | 0 | |
| Investments in joint ventures | 0 | −59,000 | 0 | −67,500 | — | |
| Proceeds from sale of digital assets | 3,612 | 0 | — | — | — | |
| Investments in digital assets | −2 | −15,000 | 0 | — | — | |
| Net cash provided by (used in) investing activities | −2 | 451,000 | −850,000 | −4 | −767,927 | |
| Proceeds from exercise of common stock options | 0 | 12,960 | 0 | — | — | |
| Proceeds from sale of Series A preferred stock | 805,000 | 20,000 | 565,000 | — | — | |
| Proceeds from sale of common stock units | 993,356 | 0 | 0 | 12 | 2 | |
| Payments of preferred dividends | −453,859 | −321,442 | −213,691 | −142,239 | −105,327 | |
| Distributions to non-controlling interest holders | −61,320 | −20,400 | 0 | — | — | |
| Proceeds from notes payable | 593,371 | 881,650 | 0 | 44,000 | 108,000 | |
| Payments on note payables | −955,847 | −386,339 | −68,959 | −3,555 | −191,170 | |
| Proceeds from notes payable - related parties | 60,965 | 200,000 | 0 | — | — | |
| Proceeds from convertible notes payable | 5 | 0 | — | — | — | |
| Payments on note payables - related parties | −461,919 | −1,000 | 0 | — | — | |
| Payments on contingent consideration | −195,396 | −59,093 | 0 | — | — | |
| Net cash provided by financing activities | 5 | 326,336 | −2 | 12 | 3 | |
| Effect of foreign currency translation | 23,005 | −114,360 | 39,627 | 35,543 | 0 | |
| Net Change in Cash | 2 | −505,387 | −6 | 5 | 1 | |
| Income Taxes | 0 | 0 | 0 | 0 | 0 | |
| Interest | 330,730 | 101,667 | 68,938 | 7,082 | 9,805 | |
| Dividends on preferred stock | 474,851 | 354,228 | — | — | — | |
| Non-controlling interest issued for acquisitions | 0 | 1 | 0 | — | — | |
| Non-controlling interest issued for settlement of note payable | 400,000 | 0 | — | — | — | |
| Settlement of contingent consideration | 510,000 | 0 | — | — | — | |
| Common stock options issued for acquisitions | 0 | 60,000 | 0 | — | — | |
| Contingent consideration issued for acquisitions | 0 | 1 | 0 | — | — | |
| Derivative liability established for conversion feature | 5 | 0 | — | — | — | |
| Preferred stock issued for acquisitions | 0 | 1 | 0 | — | — | |
| Notes payable issued for asset acquisitions | 0 | 2 | 0 | 2 | 0 |
Filings
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