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.（纳斯达克：ONFO，ONFOW） （场外交易：ONFOP）（"公司"或"Onfolio"）是一家收购和管理多元化在线业务组合的公司，今天宣布成功完成将其BWPS WordPress业务以78万美元卖给WebStreet，这是一家微型股权投资基金，交易为全现金交易，其中即刻释放65万美元现金，13万美元待最终迁移完成后支付。公司预计将记录约15万美元的资本收益。在截至2023年12月31日的财政年度，BWPS WordPress业务产生的营业收入约为36万美元，未经审计的调整后息税折旧摊销前收益（"EBITDA"）约为20万美元。
