Announcement • Jul 09
Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a binding letter of intent to acquire Paramount Helium, LLC. Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a binding letter of intent to acquire Paramount Helium, LLC on July 7, 2026. The consideration consists of common equity of Onfolio Holdings, Inc. to be issued for common equity and convertible preferred equity of Onfolio Holdings, Inc. to be issued for common equity of Paramount Helium, LLC. At or promptly following the Definitive Closing, Onfolio Holdings will (i) change its name to Paramount Helium Corporation, (ii) change its ticker symbol on the Nasdaq Capital Market to PRMT, and (iii) take all necessary corporate and exchange actions to give effect to the foregoing.
The transaction is subject to financial audit of target, approval by regulatory board / committee and consummation of due diligence investigation. The expected completion of the transaction is July 24, 2026.
Lucosky Brookman LLP acted as legal advisor for Onfolio Holdings, Inc. K&L Gates LLP acted as legal advisor for Paramount Helium, LLC. New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 3.0% per year over the past 5 years. Market cap is less than US$10m (US$1.67m market cap). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). Announcement • Jun 10
Onfolio Holdings, Inc., Annual General Meeting, Aug 06, 2026 Onfolio Holdings, Inc., Annual General Meeting, Aug 06, 2026. Announcement • Jun 04
Onfolio Holdings Launches Sharepulse and Parlance Ai-Powered Platforms Onfolio Holdings announced the launch of two AI-powered platforms for public companies, investor relations firms, and communications teams: SharePulse, an investor relations analytics and engagement platform, and Parlance, a managed communications service. Both platforms were developed by Onfolio Labs, the Company's internal AI product initiative. Both platforms were built first for Onfolio's own use. After deploying them internally, the Company received positive feedback from investors and IR professionals, along with early interest from public-company executives and IR firms and elected to commercialize both as subscription products. Early traction includes IR specialists onboarding select public-company clients to SharePulse, and public-company CEOs running initial tests of Parlance. SharePulse is built on a simple premise: modern investor relations should be data-driven, engagement-focused, and measurable. Its proprietary dataset — derived from continuous analysis of 5,000+ public companies — ingests press releases, SEC filings, pricing data, and engagement signals to identify what drives results in investor communications, and what doesn't. That intelligence layer powers the platform's benchmarking and recommendations, showing IR teams how their strategy compares to peers and which actions are most likely to move investor engagement. Key capabilities include: Proprietary Market Intelligence — benchmarking and recommendations powered by continuous analysis of IR activity across thousands of public companies; IR Analytics Dashboard — investor engagement tracking across press releases, earnings communications, and shareholder updates; Integrated CRM — manage investor contacts, track relationship history, and segment audiences by engagement behavior; Email Distribution — send investor communications directly through the platform with engagement tracking; Engagement Attribution — connect investor touchpoints to downstream activity to measure communications impact. SharePulse is available at sharepulse.ai on a monthly subscription basis. Parlance is a managed communications service that produces high-quality, brand-consistent content for public companies and online businesses. Unlike generic AI writing tools, Parlance pairs frontier AI models with proprietary editorial workflows and human oversight to meet the standards of professional communications — from investor-facing materials and shareholder updates to executive messaging, marketing content, and thought leadership. Parlance is available at useparlance.ai. Announcement • May 30
Onfolio Holdings Inc. Receives Notice of Non-Compliance with Nasdaq Listing Equity Requirements On May 26, 2026, Onfolio Holdings Inc. (the Company) received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq”) informing the Company that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market. The Notice states that the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2026 reported stockholders’ equity of $1,216,603. As of the date of the Notice, the Company also does not meet the alternative continued listing standards of (i) a market value of listed securities of $35 million or (ii) net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years. Under Nasdaq’s rules, the Company has 45 calendar days from the date of the Notice (until July 10, 2026) to submit a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the date of the Notice to evidence compliance with the stockholders’ equity requirement. The Notice further states that Nasdaq will consider factors such as the likelihood that the plan will result in the Company’s compliance with Nasdaq’s continued listing criteria, the Company’s past compliance history, the reasons for the Company’s current non-compliance, other corporate events that may occur within Nasdaq’s review period, the Company’s overall financial condition and its public disclosures. The Company intends to submit a compliance plan to Nasdaq within the required 45-day period and is evaluating potential actions to regain compliance. There can be no assurance that the plan will be accepted or that the Company will be able to regain compliance within any extension period granted by Nasdaq. In the event that the Company’s plan is not accepted, or that the plan is granted by the staff at Nasdaq but the Company is unable to regain compliance, the Company would have the right to request a hearing before an independent Nasdaq hearings panel. The request for a hearing would result in a stay of any suspension or delisting action pending the conclusion of the hearing process. Neither the Notice nor the Company’s non-compliance have an immediate effect on the listing or trading of the Company’s common stock, which will continue to trade under the symbol “ONFO.” However, there can be no assurance that the Company’s plan will be accepted or that if it is, the Company will be able to regain compliance. Reported Earnings • May 18
First quarter 2026 earnings released: US$0.45 loss per share (vs US$0.17 loss in 1Q 2025) First quarter 2026 results: US$0.45 loss per share (further deteriorated from US$0.17 loss in 1Q 2025). Revenue: US$1.87m (down 34% from 1Q 2025). Net loss: US$2.65m (loss widened 195% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • May 02
Onfolio Holdings Regains Compliance with Nasdaq Minimum Bid Price Requirement On January 6, 2026, Onfolio Holdings Inc. received notice from The Nasdaq Stock Market that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Staff has determined that for the last 10 consecutive business days, from April 16, 2026 to April 29, 2026, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed. New Risk • Apr 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 38% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Market cap is less than US$10m (US$3.91m market cap). Reported Earnings • Apr 04
Full year 2025 earnings released: US$0.58 loss per share (vs US$0.41 loss in FY 2024) Full year 2025 results: US$0.58 loss per share (further deteriorated from US$0.41 loss in FY 2024). Revenue: US$10.7m (up 37% from FY 2024). Net loss: US$3.06m (loss widened 45% from FY 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Mar 26
Onfolio Holdings, Inc. to Report Fiscal Year 2025 Results on Apr 01, 2026 Onfolio Holdings, Inc. announced that they will report fiscal year 2025 results at 9:30 AM, US Eastern Standard Time on Apr 01, 2026 Announcement • Jan 10
Onfolio Holdings Inc. Receives Nasdaq Notice for Non-Compliance with Minimum Bid Price Requirement On January 6, 2026, Onfolio Holdings Inc. (the “Company”) received a written notification (the “Notice”) from the Listing Qualifications Staff of The NASDAQ Stock Market (“NASDAQ”) stating that the Company is not in compliance with NASDAQ Listing Rule 5550(a)(2) because for the last 33 consecutive business days the closing bid price of the Company’s common stock was below the $1.00 per share minimum required for continued listing on NASDAQ. The Notice has no immediate effect on the listing or trading of the Company’s common stock on the NASDAQ Capital Market. As stated in the Notice, NASDAQ Listing Rules provide the Company a compliance period of 180 calendar days (i.e., until July 6, 2026) in which to regain compliance, and the Company will regain compliance if the closing bid price of its common stock is $1.00 per share or higher for a minimum period of ten consecutive business days during this compliance period. In the event the Company does not regain compliance, the Company may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, NASDAQ will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to the staff of NASDAQ that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, NASDAQ will provide notice that its securities will be subject to delisting. The Company intends to continue to monitor the closing bid price of its common stock and to assess its options for maintaining the listing of its common stock on the Nasdaq Capital Market. The Company will consider all available options to regain compliance with the minimum bid price requirement. Announcement • Nov 18
Onfolio Holdings, Inc. announced that it expects to receive $300 million in funding Onfolio Holdings, Inc announced a private placement to issue Convertible Notes for aggregate gross proceeds of $300,000,000 on November 18, 2025. The transaction will be completed in multiple tranches, $6,000,000 in gross proceeds will be funded at the Initial closing/tranche on or about November 18, 2025, subject to customary conditions, $2,000,000 is expected at the Second Closing approximately 30 days later and up to $292,000,000 remains available in potential future tranches, subject to certain conditions. Reported Earnings • Nov 17
Third quarter 2025 earnings released: US$0.17 loss per share (vs US$0.11 loss in 3Q 2024) Third quarter 2025 results: US$0.17 loss per share (further deteriorated from US$0.11 loss in 3Q 2024). Revenue: US$2.74m (up 36% from 3Q 2024). Net loss: US$844.8k (loss widened 46% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Oct 28
Onfolio Holdings, Inc. announced that it has received $1 million in funding On October 27, 2025, Onfolio Holdings, Inc closed the transaction. The Company issued 740,470 shares of common stock at price $1.350493 for gross proceeds $999,999.55171and accompanying warrants to purchase an additional 740,470 shares. If all warrants are exercised in full, company would receive approximately $1,850,000 in additional gross proceeds, further strengthening its balance sheet and providing resources to accelerate growth across its portfolio companies. Reported Earnings • Aug 15
Second quarter 2025 earnings released: US$0.13 loss per share (vs US$0.14 loss in 2Q 2024) Second quarter 2025 results: US$0.13 loss per share (improved from US$0.14 loss in 2Q 2024). Revenue: US$3.15m (up 82% from 2Q 2024). Net loss: US$665.5k (loss narrowed 6.6% from 2Q 2024). New Risk • Aug 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$882k free cash flow). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (US$5.44m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Mark Schwartz was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 25
Onfolio Holdings, Inc., Annual General Meeting, Aug 07, 2025 Onfolio Holdings, Inc., Annual General Meeting, Aug 07, 2025. Announcement • Apr 01
Onfolio Holdings, Inc. announced delayed annual 10-K filing On 03/31/2025, Onfolio Holdings, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jan 30
Onfolio Holdings, Inc. announced a financing transaction Onfolio Holdings, Inc. announced it will receive $1,000,000 in funding on January 29, 2025. The company will issue Series A Preferred Stock in the transaction. The company will issue the securities pursuant to exemption provided under Regulation D. The transaction is expected to continue less than a year. Reported Earnings • Nov 17
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.94 loss in 3Q 2023) Third quarter 2024 results: US$0.11 loss per share (improved from US$0.94 loss in 3Q 2023). Revenue: US$2.01m (up 53% from 3Q 2023). Net loss: US$577.4k (loss narrowed 88% from 3Q 2023). New Risk • Aug 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.0m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (US$4.34m market cap). Reported Earnings • Aug 16
Second quarter 2024 earnings released: US$0.17 loss per share (vs US$0.26 loss in 2Q 2023) Second quarter 2024 results: US$0.17 loss per share (improved from US$0.26 loss in 2Q 2023). Revenue: US$1.73m (up 32% from 2Q 2023). Net loss: US$865.0k (loss narrowed 36% from 2Q 2023). Board Change • Aug 14
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Founder, Chairman, CEO, Chief Revenue Officer, Secretary & Treasurer Dom Wells is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 08
Onfolio Holdings, Inc. announced that it expects to receive $0.4 million in funding Onfolio Holdings, Inc. announced a private placement that it will issue Series A Preferred Shares for the gross proceeds of $200,000 and through a secured promissory note due on May 31, 2026 for the gross proceeds of $200,000 for the aggregate gross proceeds of $400,000 on June 7, 2024. Announcement • May 16
Onfolio Holdings, Inc. announced delayed 10-Q filing On 05/14/2024, Onfolio Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 25
Nasdaq's Listing Qualifications Staff Notifies Onfolio Holdings, Inc. Regarding Extending the Time Period for the Company to Regain Compliance with the Minimum Bid Requirement Until October 21, 2024 As previously disclosed in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on October 27, 2023, on October 25, 2023, Onfolio Holdings Inc. (the Company") received a notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq") that because the closing bid price for the Company's common stock had been below $1.00 per share for 30 consecutive business days, the Company was not in compliance with the minimum bid price requirement pursuant to Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Requirement"). On April 23, 2024, Nasdaq's Listing Qualifications Staff notified the Company that it has extended the time period for the Company to regain compliance with the Minimum Bid Requirement until October 21, 2024. To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 or higher for a minimum of ten consecutive business days. The Company intends to continue to actively monitor the closing bid price of its common stock and will evaluate all available options to regain compliance with the Minimum Bid Requirement. If the Company does not regain compliance within the additional compliance period, Nasdaq will provide notice that the Company's common stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the Minimum Bid Requirement during the 180-day additional compliance period or maintain compliance with the other Nasdaq listing requirements. New Risk • Apr 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.8m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (US$3.11m market cap). Reported Earnings • Apr 02
Full year 2023 earnings released: US$1.64 loss per share (vs US$1.35 loss in FY 2022) Full year 2023 results: US$1.64 loss per share (further deteriorated from US$1.35 loss in FY 2022). Revenue: US$5.24m (up 136% from FY 2022). Net loss: US$8.37m (loss widened 89% from FY 2022). New Risk • Feb 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.7m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (US$3.01m market cap). Announcement • Dec 14
Onfolio Holdings, Inc. Announces Resignation of Yury Byalik as Head of Strategy and Acquisitions On December 8, 2023, Yury Byalik tendered his resignation as Head of Strategy and Acquisitions of Onfolio Holdings Inc. (the Company), effective immediately, so that he can focus on managing SEOButler.com. Mr. Byalik is no longer considered an executive officer of the Company. New Risk • Nov 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.7m free cash flow). Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (US$2.76m market cap). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Nov 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 57% per year over the past 5 years. Market cap is less than US$10m (US$4.09m market cap). Reported Earnings • Nov 17
Third quarter 2023 earnings released: US$0.94 loss per share (vs US$0.31 loss in 3Q 2022) Third quarter 2023 results: US$0.94 loss per share (further deteriorated from US$0.31 loss in 3Q 2022). Revenue: US$1.31m (up 273% from 3Q 2022). Net loss: US$4.79m (loss widened 370% from 3Q 2022). Announcement • Nov 17
Onfolio Holdings, Inc. Reports Impairment Charges for the Third Quarter Ended September 30, 2023 Onfolio Holdings, Inc. reported Impairment charges for the third quarter ended September 30, 2023. For the period, the company reported Impairment of intangible assets of $3,762,579. Announcement • Oct 29
Onfolio Holdings, Inc. Receives A Written Notification from Nasdaq Regarding Minimum Bid Price Requirement On October 25, 2023, Onfolio Holdings Inc. (the Company") received a written notification (the Notice") from the Listing Qualifications Staff of The NASDAQ Stock Market (NASDAQ") stating that the Company is not in compliance with NASDAQ Listing Rule 5550(a)(2) because for the last 30 consecutive business days the closing bid price of the Company's common stock was below the $1.00 per share minimum required for continued listing on NASDAQ. The Notice has no immediate effect on the listing or trading of the Company's common stock on the NASDAQ Capital Market. As stated in the Notice, NASDAQ Listing Rules provide the Company a compliance period of 180 calendar days (i.e., until April 22, 2024) in which to regain compliance, and the Company will regain compliance if the closing bid price of its common stock is $1.00 per share or higher for a minimum period of ten consecutive business days during this compliance period. In the event the Company does not regain compliance, the Company may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, NASDAQ will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to the staff of NASDAQ that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, NASDAQ will provide notice that its securities will be subject to delisting. The Company intends to continue to monitor the closing bid price of its common stock and to assess its options for maintaining the listing of its common stock on the Nasdaq Capital Market. The Company will consider all available options to regain compliance with the minimum bid price requirement. Announcement • Aug 24
Onfolio Holdings, Inc. announced a financing transaction Onfolio Holdings, Inc. announced that it will receive $10,000,000 in funding on August 23, 2023. The company will issue series A preferred stock in the transaction. The minimum investment accepted from any outside investor is $5,000. The company will issue securities pursuant to exemption provided under Regulation D. New Risk • Aug 16
New major risk - Revenue and earnings growth Earnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Market cap is less than US$10m (US$4.86m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$4.1m revenue). Reported Earnings • Aug 14
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: US$0.26 loss per share. Revenue: US$1.31m (up 266% from 2Q 2022). Net loss: US$1.34m (loss widened 2.6% from 2Q 2022). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 71% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US. Reported Earnings • May 18
First quarter 2023 earnings released: US$0.25 loss per share (vs US$0.34 loss in 1Q 2022) First quarter 2023 results: US$0.25 loss per share. Revenue: US$1.35m (up 250% from 1Q 2022). Net loss: US$1.28m (loss widened 62% from 1Q 2022). Revenue is forecast to grow 71% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in the US. Reported Earnings • Apr 13
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: US$1.35 loss per share (further deteriorated from US$0.96 loss in FY 2021). Revenue: US$2.22m (up 23% from FY 2021). Net loss: US$4.43m (loss widened 121% from FY 2021). Revenue missed analyst estimates by 20%. Earnings per share (EPS) also missed analyst estimates by 85%. Revenue is forecast to grow 73% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Interactive Media and Services industry in the US. Announcement • Jan 18
Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into an agreement to acquire Contentellect Limited for USD 0.85 million. Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into an agreement to acquire Contentellect Limited for USD 0.85 million on January 17, 2023. The transaction is expected to close in the first quarter of 2023. Announcement • Dec 21
Onfolio Holdings, Inc. Announces Chief Financial Officer Changes Onfolio Holdings, Inc. announced that on December 15, 2022, Jack W. Hawkins tendered his resignation as Chief Financial Officer, effective December 31, 2022. Mr. Hawkins’ departure was not the result of any disagreement with the Company nor any issue related to the Company’s financial statements or accounting practices. Rob te Braake, the Company’s financial advisor will serve as the Company’s Interim Chief Financial Officer and will continue to operate in that capacity until a new Chief Financial Officer has been appointed. Mr. Hawkins is expected to remain with the Company until at least March 2023 in a non-executive role to assist Mr. te Braake with his transition into the Interim Chief Financial Officer position. On December 15, 2022, Rob te Braake, the Company’s financial advisor, was appointed by the Company’s Board of Directors to serve as the Company’s Interim Chief Financial Officer effective January 1, 2023 until the Company appoints a new Chief Financial Officer. As the Company’s Interim Chief Financial Officer, Mr. te Braake will be responsible for analyzing budget and finances (alongside the President); creating and presenting financial and tax strategy recommendations to the executive team; overseeing cash flow, cash management, working capital, and company audits; preparing financial statements and reports, including SEC filings; ensuring legal compliance on all financial functions; other duties as may be prescribed by the Company’s Chief Executive Officer from time to time. Mr. te Braake, age 39 has served as a financial advisor to the Company since 2020 where he provided all bookkeeping services to all of Company’s legal entities, as well performing finance/accounting related projects, through Calixtus Ltd, a business advisory firm that he owns. Since March 2017, Mr. te Braake served as a Director of Calixtus Ltd. Mr. te Braake has 5+ years of experience working as advisor, fractional CFO and similar roles to companies in similar industries as the Company and 10+ years of experience on the intersection of finance and international entrepreneurship. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.31 loss per share (vs US$0.32 loss in 3Q 2021) Third quarter 2022 results: US$0.31 loss per share. Revenue: US$352.3k (down 9.8% from 3Q 2021). Net loss: US$1.02m (loss widened 59% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO, Chief Revenue Officer, Secretary & Treasurer Dom Wells is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 08
Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a definitive agreement to acquire Seo Butler Limited from i2W Ltd. Onfolio Holdings, Inc. (NasdaqCM:ONFO) entered into a definitive agreement to acquire Seo Butler Limited from i2W Ltd on October 6, 2022. SEO Butler reported $0.268 million of adjusted EBITDA in 2021. Board Change • Aug 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO, Chief Revenue Officer, Secretary & Treasurer Dom Wells is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Aug 27
Onfolio Holdings, Inc. has completed an IPO in the amount of $13.76875 million. Onfolio Holdings, Inc. has completed an IPO in the amount of $13.76875 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 2,753,750
Price\Range: $5 Board Change • Aug 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO, Chief Revenue Officer, Secretary & Treasurer Dom Wells is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Jun 28
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Founder, Chairman, CEO, Chief Revenue Officer, Secretary & Treasurer Dom Wells is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.