Onfolio Holdings Inc. announced its financial results for the fourth quarter and full year ended December 31, 2024, on April 16, 2025. The company achieved its first-ever positive quarterly net income as a public company in Q4 2024, marking a significant milestone in its strategic transformation.
This breakthrough moment for Onfolio was accompanied by substantial revenue growth, with revenues nearly doubling year-over-year in the fourth quarter. The positive net income reflects the successful execution of the company's strategic realignment towards B2B service-based businesses and operational improvements.
The achievement of quarterly profitability underscores the effectiveness of Onfolio's disciplined execution and strategic pivot. This financial performance positions the company closer to its goal of sustained profitability in the near term, as outlined in its recent shareholder communications.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.