Onfolio Holdings Inc. Announces Fourth Quarter and Year-End 2024 Financial Results and Provides Corporate Update
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
0mins
Should l Buy ?
Source: Globenewswire
Financial Performance: Onfolio Holdings reported a net income of $136,000 for Q4 2024, with revenue increasing by 96% to $2.49 million compared to the previous year. The company also achieved a 49% year-over-year revenue growth for 2024, totaling $7.82 million.
Corporate Developments: The company completed the acquisition of Eastern Standard in October 2024 and aims to continue building on its progress in 2025, focusing on further acquisitions and achieving profitability while maintaining a growth-oriented strategy.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
