Onfolio Holdings Inc. Announces Q1 2026 Financial Results and Provides Corporate Update

About this update from Onfolio Holdings Inc.

[{"type":"text","content":"Conference Call to Discuss Q1 2026 Results Scheduled for Today at 8:00 a.m. ET","length":78,"tagName":"p"},{"type":"text","content":"WILMINGTON, Del., May 18, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) (“Onfolio” or the “Company”), an owner-operator of cash-generative online businesses, announces financial results for the first quarter ended March 31, 2026.","length":265,"tagName":"p"},{"type":"text","content":"Recent Corporate Highlights","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Activated acquisition program and will target the acquisition of between $5 million and $10 million in aggregate annual adjusted EBITDA before the end of 2026.","length":159,"tagName":"p"}]},{"val":[{"type":"text","content":"Secured a $100 million equity financing facility in April 2026 to accelerate acquisition strategy.","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Regained compliance with Nasdaq Listing Rule 5550(a)(2) as of May 1, 2026.","length":74,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":331,"olType":false},{"type":"text","content":"First Quarter 2026 Financial Highlights","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $1.87M vs. $2.81M in Q1 2025","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit decreased 46% to $0.92M, or 49% of revenue, vs. $1.71M, or 61% of revenue, in Q1 2025","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Total operating expenses decreased 30% to $1.75M vs. $2.49M in Q1 2025, primarily reflecting lower selling, general and administrative expenses as the Company continued shifting to an AI-driven operating model","length":209,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss was $1.92M (including a $0.67M non-cash loss on change in fair value of derivative liabilities, $0.37M in non-cash expenses, and a $0.07M non-cash loss on change in fair value of digital assets) vs. net loss of $0.81M in Q1 2025","length":237,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash operating loss (excluding non-cash items) was $0.83M vs. loss of $0.79M in Q1 2025","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"EBITDA As Defined was $(0.50M) vs. $(0.19M) in Q1 2025","length":54,"tagName":"p"}]},{"val":[{...

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