Onfolio Holdings Sells BWPS WordPress Business For $780,000 To WebStreet, In An All-Cash Deal
Onfolio Holdings Sells BWPS WordPress Business For $780,000 To WebStreet, In An All-Cash Deal
Onfolio Holdings Inc. (NASDAQ:ONFO, ONFOW))) (OTC:ONFOP) (the "Company" or "Onfolio"), a company that acquires and manages a diversified portfolio of online businesses, today announced that it has successfully completed the sale of its BWPS WordPress business for $780,000 to WebStreet, a micro private equity investment fund in an all-cash deal, with $650,000 cash released immediately and $130,000 held back pending final completion of migration. The Company expects to record a capital gain of approximately $150,000 from the sale. For the fiscal year ended 12/31/2023, the BWPS WordPress business generated approximately $360,000 in revenue and $200,000 in unaudited adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA").
Onfolio Holdings Inc.（納斯達克：ONFO，ONFOW） （場外交易：ONFOP）（"公司"或"Onfolio"）是一家收購和管理多元化在線業務組合的公司，今天宣佈成功完成將其BWPS WordPress業務以78萬美元賣給WebStreet，這是一家微型股權投資基金，交易爲全現金交易，其中即刻釋放65萬美元現金，13萬美元待最終遷移完成後支付。公司預計將記錄約15萬美元的資本收益。在截至2023年12月31日的財政年度，BWPS WordPress業務產生的營業收入約爲36萬美元，未經審計的調整後息稅折舊攤銷前收益（"EBITDA"）約爲20萬美元。
