Onar Holding Corporation, a marketing technology company, has reported substantial financial growth and strategic developments in its 2024 shareholder letter. CEO Claude Zdanow revealed a 57% increase in consolidated revenue during the first nine months of the year, accompanied by a $250,000 reduction in cost of revenues.
The company has expanded its global footprint by establishing a workforce across five continents and forming a strategic partnership with iQSTEL. A key initiative is the launch of ONAR Labs, focused on pioneering innovations in artificial intelligence, machine learning, and analytics.
The strategic expansion includes plans for a potential acquisition and the formation of an independent board in 2025. ONAR's agency network currently services over 45 clients across various industries, with specialized agencies in performance marketing, healthcare marketing, experiential marketing, and technology development.
The company's diversified approach spans multiple sectors, including performance marketing, SEO, healthcare marketing, and event experiences. By targeting companies with revenues between $50 million and $1 billion, ONAR is positioning itself as a comprehensive marketing technology solution provider.
This significant growth and strategic positioning suggest Onar Holding Corporation is emerging as a notable player in the marketing technology landscape, with a focus on technological innovation and global market expansion.
