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Onfolio Holdings Inc. Announces Full Year 2025 Financial Results and Provides Corporate Update

Conference Call to Discuss Full Year 2025 Results Scheduled for April 1, 2026 at 8:00 a.m. ET

WILMINGTON, Del., March 31, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”), an owner-operator of cash-generative online businesses, announces financial results for the full year ended December 31, 2025. The Company’s Annual Report on Form 10-K was filed with the Securities and Exchange Commission on March 31, 2026 and is available on the SEC’s website at www.sec.gov.

Recent Corporate Highlights

  • Secured a $300 million convertible note financing facility in November 2025; approximately $6 million raised to date.
  • Portfolio operating profit grew from approximately $1.4M annually in 2024 to approximately $1.8 million annually by end of 2025.
  • EBITDA As Defined turned positive at $151,000, compared to ($588,000) in 2024.
  • Initiated digital asset treasury strategy with approximately $2.3 million in BTC, ETH, and SOL holdings generating staking rewards.

Full Year 2025 Financial Highlights

  • Revenue grew 36% to $10.73M vs. $7.86M in 2024
  • Revenue from services (B2B) grew 62% to $7.39M vs. $4.66M in 2024, driven primarily by the full-year contribution of Eastern Standard (approximately $3.34M) and DDS Rank (approximately $91K)
  • Revenue from product sales (B2C) grew 5% to $3.34M vs. $3.20M in 2024
  • Gross profit grew 41% to $6.43M, or 60% of revenue, vs. $4.54M, or 58% of revenue, in 2024
  • Total operating expenses increased 32% to $9.34M vs. $7.05M in 2024, driven primarily by the full-year inclusion of Eastern Standard
  • Net loss was $2.54M (including $2.37M in non-cash expenses, a $1.10M non-cash gain on change in fair value of derivative liabilities, and a $0.23M non-cash loss on change in fair value of digital assets) vs. $1.77M in 2024
  • Net loss attributable to common shareholders was $(3.06M) or $(0.58) per share vs. $(2.12M), or $(0.41) per share, in 2024
  • Cash operating loss (excluding non-cash items) improved 38% to $0.88M vs. $1.42M in 2024
  • EBITDA As Defined was positive $151,000 vs. negative $(588,000) in 2024
  • Cash at 12/31/25 was $2.17M vs. $0.48M at 12/31/24

“2025 was a year of operational foundation-building. We grew revenue 36 percent, expanded our gross margin profile, and ended the year with a stronger cash position. Portfolio operating profit tripled from 2023 to 2025, which we believe is the most useful measure of our portfolio’s bottom-line trajectory,” commented Onfolio CEO Dominic Wells.

“We made a deliberate decision to pause acquisitions in 2025 and focus on getting our existing portfolio to a point where it could fund parent company costs. The honest assessment is that we got close, but not quite there. Q3 was our strongest quarter, with portfolio operating profit reaching approximately $500,000. We then saw headwinds in Q4, primarily driven by a deliberate pullback in advertising spend at Proofread Anywhere where returns had diminished. That decision compressed Q4 revenue but we believe it was the right call. Q1 2026 appears to show early improvement.”

“Eastern Standard, our largest business, grew revenues approximately 10 percent year over year in its first full year under our ownership, and began distributing meaningfully to the parent company in the second half. That is exactly what we acquired it to do,” continued Wells.

“We are now consolidating our five agency businesses into a unified platform, with centralized sales and marketing, shared fulfilment, and clearer accountability. We believe this structure makes our agencies more durable and positions them well for the AI-driven changes happening across the industry.”

“Heading into 2026, our priorities are clear: grow cash flow from the existing portfolio, resume accretive acquisitions, and close the gap between what the portfolio distributes and what it costs to run the parent company. When those two numbers cross, we are self-funding,” Wells continued.

“The $300 million financing facility has materially changed our position in the market. Deal flow has increased in both size and quality. We are actively evaluating opportunities that were simply out of reach a year ago, and we expect to make multiple acquisitions in 2026.”

“Our plan is straightforward, control costs, grow portfolio cash flow, and acquire additional profitable businesses,” concluded Wells.

Recent Business and Operational Highlights

  • Agency Consolidation: The Company is consolidating its five B2B agency businesses (Eastern Standard, RevenueZen, SEO Butler, Pace Generative, DDS Rank) into a unified platform with centralized sales and marketing execution.
  • Path to Profitability: Published detailed roadmap outlining plan to reach self-funding through cost discipline, operational improvement, and accretive acquisitions. Full report: onfolio.com/path-to-profit
  • AI-Native Operating Model: AI tools driving structural advantages across the portfolio, reducing costs, expanding small-team capacity, and converting internal tools into new revenue streams. Full report: onfolio.com/ai-strategy-report-card
  • Acquisition Pipeline: Actively pursuing acquisitions with strengthened deal flow and growing seller interest in stock-based transaction structures. Full report: onfolio.com/acquisition-pipeline-update
  • Digital Asset Holdings: Approximately $2.3M in digital assets as of December 31, 2025, consisting of 5.32 BTC, 318.33 ETH (288.16 staked), and 6,786.17 SOL (all staked), generating approximately 4% annualized staking yield.

For more detailed information regarding Onfolio’s financial results, please see the Company’s Form 10-K and other SEC filings at investors.onfolio.com/filings.

Conference Call

Onfolio will hold a conference call on April 1, 2026 at 8:00 a.m. Eastern time to discuss its financial results for the year ended December 31, 2025.

Date: Wednesday, April 1, 2026

Time: 8:00 a.m. Eastern time

Webcast Link: Here

Dial-In Link: Here

Toll-free dial-in number: 1-877-704-4453

International dial-in number: 1-201-389-0920

Conference ID: 13759145

Please call one of the conference telephone numbers 5-10 minutes prior to the start time, and an operator will register your name and organization. Alternatively, you can connect instantly to the event via the webcast link or dial-in link above.

About Onfolio Holdings

Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP)is an owner-operator of cash-generative online businesses. The Company acquires and operates profitable online businesses across diverse verticals, including marketing, education, and e-commerce, with a focus on sustainable cash flow and long-term value creation. Visit www.onfolio.com for more information.

Forward-Looking Statements

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continues,” “estimates,” “projects,” “intends,” and similar expressions. Examples of forward-looking statements include, among others, statements we make regarding expected operating results, such as revenue growth and earnings, and strategy for growth and financial results.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by us in Item 1A “Risk Factors” in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company’s control. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Contact

investors@onfolio.com


 
Onfolio Holdings, Inc.
Consolidated Balance Sheets
   
  December 31   December 31  
    2025       2024    
         
Assets        
         
Current Assets:        
Cash $ 2,175,223     $ 476,874    
Accounts receivable, net   476,578       755,804    
Inventory   44,800       65,876    
Prepaids and other current assets   227,224       138,007    
Total Current Assets   2,923,825       1,436,561    
         
Intangible assets   1,683,798       3,323,211    
Goodwill   4,203,145       4,210,557    
Investment in digital assets   2,263,471       9,465    
Fixed Assets   3,423       5,135    
Due from related party   95,189       126,530    
Investment in unconsolidated joint ventures, cost method   188,007       213,007    
Investment in unconsolidated joint ventures, equity method   -       268,231    
Other assets   -       -    
         
Total Assets $ 11,360,858     $ 9,592,697    
Liabilities and Stockholders Equity        
         
Current Liabilities:        
Accounts payable and other current liabilities $ 1,066,702     $ 969,068    
Dividends payable   121,789       100,797    
Notes payable, current   487,658       312,634    
Notes Payable - Related Party, current   897,904       790,000    
Contingent consideration   164,382       981,591    
Derivative liability   3,463,727       -    
Deferred revenue   497,113       589,913    
Total Current Liabilities   6,699,275       4,194,003    
         
Notes payable   -       450,000    
Notes payable - related parties   480,141       1,049,000    
Convertible notes, net of discount   276,273       -    
Due to joint ventures - long term   -       -    
Total Liabilities   7,455,689       5,243,003    
         
Commitments and Contingencies        
         
Stockholders' Equity:        
Preferred stock, $0.001 per value, 5,000,000 shares authorized        
Series A Preferred stock, $0.001 par value, 1,000,000 shares authorized, 169,460 and 134,460 issued and outstanding at December 31, 2025 and 2024   169       134    
Common stock, $0.001 par value, 50,000,000 shares authorized, 5,127,395 and 5,107,395 issued and outstanding at December 31, 2024 and 2023   5,864       5,128    
Additional paid-in capital   24,524,989       22,316,751    
Accumulated other comprehensive income   91,110       68,105    
Accumulated deficit   (22,141,797 )     (19,078,287 )  
Total Onfolio Inc. stockholders equity   2,480,335       3,311,831    
Non-Controlling Interests   1,424,834       1,037,863    
Total Stockholders' Equity   3,905,169       4,349,694    
         
Total Liabilities and Stockholders' Equity $ 11,360,858     $ 9,592,697    
         
The accompanying notes are an integral part of these consolidated financial statements  



 
Onfolio Holdings, Inc.
Consolidated Statements of Operations
 
  For the Three Months Ended Dec 31,   For the Years Ended Dec 31,  
  2025
  2024
  2025
  2024
 
                 
                 
Revenue, services $ 1,648,519     $ 1,833,257     $ 7,386,084     $ 4,660,069    
Revenue, product sales   379,514       703,547       3,344,134       3,202,008    
Total Revenue   2,028,033       2,536,804       10,730,218       7,862,077    
                 
Cost of revenue, services   939,139       1,018,386       3,910,452       2,609,061    
Cost of revenue, product sales   75,293       158,982       389,568       708,139    
Total cost of revenue   1,014,432       1,177,368       4,300,020       3,317,200    
                 
Gross profit   1,013,601       1,359,436       6,430,198       4,544,877    
                 
Operating expenses                
Selling, general and administrative   1,351,274       1,861,661       7,467,169       5,718,243    
Professional fees   420,597       353,695       1,212,805       948,751    
Acquisition costs   -       142,465       68,625       264,731    
Impairement of goodwill and intangible assets   439,964       116,322       439,964       121,000    
Total operating expenses   2,211,835       2,474,143       9,188,563       7,052,725    
                 
Loss from operations   (1,198,234 )     (1,114,707 )     (2,758,365 )     (2,507,848 )  
                 
Other income (expense)                
Equity method income (loss)   -       748       767       (4,812 )  
Dividend income   8,632       6,313       26,095       12,157    
Interest income (expense), net   (217,390 )     (41,103 )     (498,409 )     (101,667 )  
Other income   (8,941 )     3,249       (2,093 )     6,183    
Gain on change in fair value of digital assets   (226,753 )     -       (226,753 )     -    
Gain on change in fair value of contingent consideration   (14,233 )     368,464       111,813       368,464    
Change in fair value of derivative liability   1,083,185       -       1,083,185       -    
Impairment of investments   -       -       (293,998 )     -    
Gain on sale of business   -       -           453,581    
Total other income   624,500       337,671       200,607       733,906    
                 
Loss before income taxes   (573,734 )     (777,036 )     (2,557,758 )     (1,773,942 )  
                 
Income tax (provision) benefit   -       -       17,390       -    
                 
Net loss   (573,734 )     (777,036 )     (2,540,368 )     (1,773,942 )  
                 
Net income (loss) attributable to noncontrolling interest   49,769       -       (48,291 )     7,737    
Net loss attributable to Onfolio Holdings Inc.   (523,965 )     (777,036 )     (2,588,659 )     (1,766,205 )  
                 
Preferred Dividends   (130,895 )     (54,231 )     (474,851 )     (354,228 )  
Net loss to common shareholders $ (654,860 )   $ (831,267 )   $ (3,063,510 )   $ (2,120,433 )  
                 
Net loss per common shareholder                
Basic and diluted $ (0.12 )   $ (0.16 )   $ (0.58 )   $ (0.41 )  
                 
Weighted average shares outstanding                
Basic and diluted   5,654,788       5,110,195       5,260,327       5,117,941    
                 
The accompanying notes are an integral part of these consolidated financial statements  


Onfolio Holdings, Inc.
 
Net income to Non-GAAP EBITDA  
For the Years Ended December 31, 2025 and 2024
 
   
    2025       2024    
Net Income/(Loss) $ (2,540,368 )   $ (1,773,942 )  
Interest     498,409       101,667    
Taxes     17,390       -    
Depreciation & Amortization     1,201,161       906,737    
EBITDA     (823,408 )     (765,538 )  
Impairment losses   733,962       121,000    
Stock based compensation     240,653       56,887    
EBITDA as Defined   $ 151,207     $ (587,651 )  
           


 
Onfolio Holdings, Inc.
Consolidated Statements of Cash Flows
For the Years Ended December 31, 2025 and 2024
 
    2025       2024    
         
Cash Flows from Operating Activities        
Net loss $ (2,540,368 )   $ (1,773,942 )  
Adjustments to reconcile net loss to net cash provided by operating activities:        
Stock-based compensation expense   240,653       56,887    
Equity method loss (income)   (767 )     4,812    
Dividends received from equity method investment   -       -    
Depreciation expense   1,712       -    
Amortization of debt discounts and debt issuance costs   140,685       -    
Amortization of intangible assets   1,199,449       906,737    
Impairment of intangible assets   439,964       121,000    
Gain on sale of subsidiary   -       (453,581 )  
Impairment of investments   293,998        
Change in FV of contingent consideration   (111,813 )     (368,464 )  
Change in FV of derivative   (1,083,185 )     -    
Change in FV of digital assets   229,086       -    
Earning on digital assets   (2,333 )     -    
Net change in:        
Accounts receivable   286,637       (282,002 )  
Inventory   21,076       26,761    
Prepaids and other current assets   (89,217 )     4,891    
Accounts payable and other current liabilities   97,634       477,247    
Due to joint ventures   31,341       24,441    
Deferred revenue   (92,800 )     86,850    
Due to related parties   -       -    
         
Net cash used in operating activities   (938,248 )     (1,168,363 )  
         
Cash Flows from Investing Activities        
Cash paid to acquire businesses   -       (255,000 )  
Cash received for sale of subisiary   -       780,000    
Investments in joint ventures   -       (59,000 )  
Cash received for sale of digital assets   3,612       -    
Investment in digital assets   (2,484,371 )     (15,000 )  
Net cash used in investing activities   (2,480,759 )     451,000    
         
Cash Flows from Financing Activities        
Proceeds from sale of Series A preferred stock   805,000       20,000    
Proceeds from sale of common stock units   993,356       -    
Proceeds from exercise of stock options   -       12,960    
Payments of preferred dividends   (453,859 )     (321,442 )  
Distributions to non-controlling interest holders   (61,320 )     (20,400 )  
Proceeds from notes payable   593,371       881,650    
Payments on note payables   (955,847 )     (386,339 )  
Proceeds from convertible notes payable   4,770,000       -    
Proceeds from notes payable - related parties   60,965       200,000    
Payments on note payables - related parties   (461,919 )     (1,000 )  
Payments on contigent consideration   (195,396 )     (59,093 )  
         
Net cash provided by financing activities   5,094,351       326,336    
         
Effect of foreign currency translation   23,005       (114,360 )  
         
Net Change in Cash   1,698,349       (505,387 )  
Cash, Beginning of Period   476,874       982,261    
         
Cash, End of Period   2,175,223       476,874    
         
Cash Paid For:        
Income Taxes $ -     $ -    
Interest $ 337,730     $ 101,667    
         
Non-cash transactions:        
Dividends on preferred stock $ 474,851     $ 354,228    
Non-controlling interest issued for settlement of note payable $ 400,000     $ -    
Settlement of contingent consideration $ 510,000     $ -    
Digital assets contributed for convertible note $ -     $ -    
Establishment of derivative liability on conversion feature $ 4,546,912        
Notes payable issued for asset acquisitions $ -     $ 1,890,000    
Preferred stock issued for acquisitions $ -     $ 1,035,000    
Contingent consideration issued for acquisitions $ -     $ 1,349,148    
Common stock options issued for acquisitions $ -     $ 60,000    
Non-controlling interest issued for acquisitions $ -     $ 1,066,000    
         
The accompanying notes are an integral part of these consolidated financial statements  


 
Onfolio Holdings, Inc.
Consolidated Statements of Stockholders' Equity
For the Years Ended December 31, 2025 and 2024
 
  Preferred Stock, $0.001 Par value   Common Stock, $0.001 Par Value   Additional   Accumulated   Accumulated Other   Non   Stockholders'  
  Shares   Amount   Shares   Amount   Paid-In Capital   Deficit   Comprehensive Income   Controlling Interest   Equity  
                                     
Balance, December 31, 2023 92,260     93   5,107,395       5,108     21,107,311     (16,957,854 )     182,465       -       4,337,123    
          -       -         -       -       -       -    
Acquisition of Business 41,400     41   -       -     1,094,959     -       -       1,066,000       2,161,000    
Sale of preferred stock for cash 800     -   -       -     20,000     -       -       -       20,000    
Stock-based compensation -     -   -       -     56,887     -       -       -       56,887    
Partner Contributions                   24,654                 24,654    
Common stock issued for exercise of options -     -   20,000       20     12,940     -       -       -       12,960    
Preferred dividends -     -   -       -     -     (354,228 )     -       -       (354,228 )  
Foreign currency translation -     -   -       -     -     -       (114,360 )         (114,360 )  
Distribution to non-controlling interest                               (20,400 )     (20,400 )  
Net loss -     -   -       -     -     (1,766,205 )     -       (7,737 )     (1,773,942 )  
                                     
Balance, December 31, 2024 134,460     134   5,127,395       5,128     22,316,751     (19,078,287 )     68,105       1,037,863       4,349,694    
          -       -         -       -       -       -    
Sale of common stock for Cash -     -   735,819       736     992,620     -       -       -       993,356    
Sale of preferred stock for cash 32,200     32   -       -     804,968     -       -       -       805,000    
Preferred stock and common stock options issued for payment of contingent consideration 2,800     3   -       -     169,997     -       -       -       170,000    
Stock-based compensation -     -   -       -     240,653     -       -       -       240,653    
Payment of note payble by NCI                               400,000       400,000    
Preferred dividends -     -   -       -     -     (474,851 )     -       -       (474,851 )  
Foreign currency translation -     -   -       -     -     -       23,005           23,005    
Distribution to non-controlling interest                               (61,320 )     (61,320 )  
Net loss -     -   -       -     -     (2,588,659 )     -       48,291       (2,540,368 )  
                                     
Balance, December 31, 2025 169,460   $ 169   5,863,214     $ 5,864   $ 24,524,989   $ (22,141,797 )   $ 91,110     $ 1,424,834     $ 3,905,169    
                                     
The accompanying notes are an integral part of these consolidated financial statements  



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