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Onfolio Holdings Inc. Announces Q2 2026 Financial Results and Provides Corporate Update Conference Call to Discuss Q2 2026 Results Scheduled for Today at 8:00 a.m. ET WILMINGTON , Del . , Aug. 20 , 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 second quarter ended June 30 , 2026 . Recent Corporate Highlights • Effected a 1 - for - 50 reverse stock split , effective August 10 , 2026 , intended to regain compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550 ( a ) ( 2 ) . • Retired the entire $ 6 million principal under the Company's senior secured convertible note subsequent to quarter- end , reducing debt burden , strengthening balance - sheet , and increasing stockholders ' equity toward compliance with Nasdaq's $ 2.5 million minimum stockholders ' equity requirement under Listing Rule 5550 ( b ) ( 1 ) . Second Quarter 2026 Financial Highlights • Revenue was $ 1.50M vs. $ 3.15M in Q2 2025 • Gross profit decreased 62 % to $ 0.73M , or 49 % of revenue , vs. $ 1.94M , or 62 % of revenue , in Q2 2025 • Total operating expenses decreased 31 % to $ 1.70M vs. $ 2.44M in Q2 2025 , primarily reflecting lower selling , general and administrative expenses , including reduced advertising and marketing spend and lower amortization expense , partially offset by higher professional fees related to the Company's financing activities and Nasdaq compliance matters • Net loss was $ 1.65M ( including a $ 0.28M non - cash loss on change in fair value of digital assets and $ 0.18M in non - cash amortization and stock - based compensation expense ) vs. $ 0.53M in Q2 2025 • Cash operating loss ( excluding non - cash items ) was $ 0.86M vs. $ 0.25M in Q2 2025 • EBITDA As Defined was $ ( 0.78M ) vs. $ ( 0.15M ) in Q2 2025 • Cash at 6/30/26 was $ 0.25M vs. $ 2.18M at 12/31/25 " While our portfolio continued to navigate headwinds in the second quarter , we continued to make notable progress positioning Onfolio for long - term value creation , " commented Onfolio CEO Dominic Wells . " Revenue declined primarily due to a slowdown in new sales at our Eastern Standard subsidiary and continued reduced advertising spend at Proofread Anywhere , and our gross margin came down as our revenue mix shifted further toward our lower - margin B2B services business . However , RevenueZen's results improved significantly after Eastern Standard took over management of its fulfilment , which shows our Agency Co playbook can work , but overall portfolio performance is not yet where we need it to be , and we're being direct about that . " Outside the portfolio , we made real progress on the issues that matter most to shareholders right now . We terminated our letter of intent with Paramount Helium in July , and we've refocused fully on our core strategy of acquiring and operating profitable online businesses . We also took direct action on our two Nasdaq listing deficiencies : 1 ) our senior secured noteholder has converted all of its outstanding principal into equity since quarter - end , which strengthens our stockholders ' equity position , and 2 ) on August 10 , 2026 , we completed a 1 - for - 50 reverse stock split intended to bring our share price back above the $ 1.00 minimum bid price requirement . " We're also continuing our work to reduce parent company overhead and get portfolio cash flowing back up to the parent , which remains the core lever for reaching profitability . This playbook , consolidating overhead , rebuilding processes with Al , and focusing our teams on revenue - generating work , is what we continue to deploy across the portfolio .