WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW; OTC: ONFOP) reported third-quarter financial results showing sharp revenue growth and expanding gross profit, even as net losses widened and the company continued investing in its high-growth digital businesses.
Total revenue climbed 36.3% to $2.74 million compared with the same quarter last year, though it fell 12.9% from the second quarter. Gross profit rose 46.9% to $1.77 million, representing 64.6% of revenue. Operating expenses increased to $2.04 million, up 32.7% from a year earlier. The company reported a net loss of $600,000, up from $300,000 in last year’s third quarter.
CEO Dom Wells said the results highlight the company’s focus on disciplined expansion. “We continued to make healthy progress across key metrics in the third quarter, while further advancing strategic goals for our high-growth potential portfolio companies,” Wells said.
Onfolio highlighted notable improvements in operating losses. Loss from operations narrowed to $268,000, compared with $331,000 a year earlier and $507,000 in the second quarter. About $301,000 of the quarter’s operating loss reflected amortization from acquisitions, and $21,000 reflected stock-based compensation.
Cash stood at $400,000 at the end of the quarter, down from $480,000 at the end of 2024. The company strengthened its balance sheet in October, completing a $1 million financing at a premium to market price.
Operational updates included continued client growth at Pace Generative, Onfolio’s AI-driven marketing subsidiary, and the launch of a strategic partnership program designed to help content creators scale through performance-based revenue sharing.
Wells said early demand for the creator partnership program has been strong, prompting plans to build out dedicated support capacity. Pace Generative, he added, is already showing measurable traction among enterprise clients and expanding services.
“We remain highly committed to reaching profitability,” Wells said. He added that the company’s recent capital raise provides additional runway while enabling continued investment in its portfolio.
More detailed financial information is available in the company’s latest 10-Q and other SEC filings.
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