Onfolio Holdings' Q1 revenue falls

Onfolio Holdings

18/05/2026 12:10

Overview

Online business operator's Q1 revenue fell yr/yr

Operating expenses dropped 30% yr/yr due to lower selling, general and administrative costs

Company activated acquisition program and secured $100 mln equity financing facility in April 2026

Outlook

Onfolio targets $5 mln to $10 mln in annual adjusted EBITDA via acquisitions before end-2026

Result Drivers

LOWER AD SPEND - Reduced advertising at Proofread Anywhere led to fewer sales but improved operating margin

AGENCY CONSOLIDATION - B2B division cut operating expenses by 30% through agency consolidation; RevenueZen's expenses fell over 40% and margins nearly doubled, per CEO Dominic Wells

Company press release: ID:nGNX1hNW9N

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$1.87 mln
Q1 EPS
-$0.45
Q1 Operating Expenses
$1.75 mln


Analyst Coverage

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 20 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)