Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW; OTC: ONFOP) has posted substantial financial results for the second quarter of fiscal 2025, showcasing an impressive revenue increase and a reduction in net losses. For the three months ending June 30, 2025, the company generated $3.14 million in revenue, marking an 82.5% rise from $1.72 million in the same quarter of the previous year and an 11.7% increase from $2.81 million in the first quarter of 2025.
The gross profit for this quarter nearly doubled year-over-year, reaching $1.93 million, which is a 98.9% increase from $0.97 million in Q2 2024. Additionally, this figure reflects a 13.5% improvement from $1.7 million in Q1 2025. Operating expenses rose by 54.4% to $2.44 million, compared to $1.58 million a year earlier. However, these expenses saw a slight decrease of 2% from the $2.49 million recorded in the previous quarter.
A net loss of $0.5 million for the quarter indicates a 16.5% reduction from $0.6 million in Q2 2024 and a significant 37.5% drop from $0.8 million in Q1 2025. The company reported cash reserves of $0.51 million as of June 30, slightly up from $0.48 million at the end of 2024.
CEO Highlights Progress and Future Prospects
Dominic Wells, CEO of Onfolio, expressed satisfaction with the company’s performance in the second quarter. “We once again made progress in all important metrics,” Wells stated. He emphasized the increases in revenue and gross profit both year on year and quarter on quarter. Operating expenses did increase year on year but decreased compared to the prior quarter, while the net loss also improved.
Wells noted that the company faced challenges during Q2 due to professional costs related to a re-audit from 2023 and the Eastern Standard audit for 2024, which have since been completed. He mentioned that approximately $150,000 of the losses this quarter were due to these one-time expenses. Additional non-cash charges included $300,000 in amortization and $25,000 in stock-based compensation, bringing results “very close to breaking even for the quarter, even after interest payments.”
Despite not pursuing acquisitions since the fourth quarter of 2024, Wells highlighted that Onfolio remains open to strategic opportunities. “Our pipeline of prospective deal flow is strong. We are currently focusing our efforts on improving the operating results of the current portfolio. We are not in a rush to consummate an acquisition unless it is highly strategic,” he said.
Diversifying Revenue Streams and New Initiatives
Onfolio has taken steps to diversify its revenue streams. The company recently launched Pace Generative LLC, an AI visibility agency that has already begun generating recurring monthly revenue. Additionally, they initiated a revenue-share partnership program for course creators, which Wells reported has received overwhelming interest.
“We will be commencing work with our first few partnerships before the end of this month and will continue onboarding new partners throughout the rest of 2025,” Wells added. He expressed optimism regarding the growth potential from these new ventures alongside the existing portfolio.
The positive financial results from Onfolio reflect both operational progress and a disciplined investment strategy, with leadership conveying confidence in continued improvement as the year progresses.
