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Ohmyhome Reports 118% Revenue Growth for Fiscal Year 2024
GlobeNewswire· 2025-04-29 12:41
Total revenue increased to S$10.9 million, 118% up from S$5.0 million in 2023Strong performance across all segments: Brokerage, Property Management, and Emerging ServicesNet loss narrowed significantly to S$4.4 million, or US$0.13 per shareGross margin improved to 40.5%, with notable gains in Brokerage and Emerging ServicesEBITDA loss reduced from S$5.1 million to S$3.4 million, with margin improving from -103% to -31% SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH), a one-stop-sho ...
Ohmyhome (OMH) - 2024 Q4 - Annual Report
2025-04-29 12:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington, D.C. 20549 For the fiscal year ended December 31, 2024 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF ...
Ohmyhome Ltd Announces Effective Date of Reverse Stock Split
GlobeNewswire· 2025-03-06 13:30
Singapore, March 06, 2025 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. ( NASDAQ: OMH , “ Ohmyhome ”, “the Company ”), a one-stop-shop property technology platform providing end-to-end property solutions and services including brokerage, renovation and condominium property management services in Singapore, today announced that it has resolved to effect a reverse stock split of the Company’s ordinary shares, with the split ratio set at 1-for-10. The reverse stock split was approved by the Company’s shareholders at a spe ...
Ohmyhome (OMH) - 2024 Q3 - Earnings Call Presentation
2024-10-29 17:27
ôhmyhome OMH | Nasdaq Listed Transforming Property Transaction using Al Ohmyhome Q3 2024 Growth Update hmyhome.com Rent Renovation Home Valuation Stay in the loop of your home's value every 房产买卖出租(中文春服 Chat With Us Sell your property with Ohmyhome & experience the differen Important Notices & Disclaimers This presentation contains forward-looking statements that reflect our current expectations and views of future events, all of which are subject to risks and uncertainties. If used, the words "believe", "ma ...
Ohmyhome (OMH) - 2024 Q3 - Earnings Call Transcript
2024-10-29 17:27
Ohmyhome Limited. (NASDAQ:OMH) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Rhonda Wong - Chief Executive Officer Conference Call Participants Allen Klee - Maxim Group Operator Hi, good evening everyone and good morning for our investors dialing in from the U.S. welcome to Ohmyhome Q3 2024 growth updates. Before we start, we would like to quickly go through the important notice and disclaimers. This presentation contains forward-looking statements that reflect our curren ...
Ohmyhome Reports Stellar Business Growth in the Third Quarter of 2024
GlobeNewswire News Room· 2024-10-29 13:15
Core Insights - Ohmyhome Ltd. reported significant business growth across its three segments in Q3 2024, with brokerage GTV increasing by 51% year-over-year, renovation contracts growing by 403% year-over-year, and property management units rising by 23% [1][2]. Group 1: Brokerage Segment - The agent brokerage business achieved a GTV of USD 84 million in Q3 2024, representing a 48.7% increase from USD 56.5 million in Q3 2023, indicating a growing client base and demand for services [3]. Group 2: Renovation Segment - The renovation segment signed contracts totaling SGD 1.93 million (approximately USD 1.46 million) for Q3 2024, a substantial increase from SGD 1.3 million (USD 0.9 million) for the first half of 2024, reflecting robust growth and customer interest [4]. Group 3: Property Management - The property management division expanded to 9,283 units under management, up from 7,560 units as of June 30, 2024, with new projects expected to contribute to revenue growth starting October 2024 [5]. Group 4: Profitability and Cash Flow - The company is focused on achieving profitability and optimizing cash flow, reporting a significant narrowing of losses in Q3 2024 due to improved operational efficiencies and revenue growth [6]. - As of September 30, 2024, cash and cash equivalents increased to SGD 2.7 million (USD 2.1 million) from SGD 2.4 million (USD 1.8 million) as of June 30, 2024, reflecting a commitment to cash flow optimization while investing in growth [7]. Group 5: Company Overview - Ohmyhome is a property technology platform providing end-to-end solutions including brokerage, renovation, and property management services in Singapore, having transacted over 15,500 properties since its launch in 2016 [8].
Ohmyhome to Announce Q3 2024 Growth Updates
GlobeNewswire News Room· 2024-10-18 09:00
Core Insights - Ohmyhome Ltd. will announce its third-quarter growth updates on October 29, 2024, following a reported 106% growth in the first half of 2024 [1] - A webinar will be held on the same day to present insights on the company's growth [1] Company Overview - Ohmyhome is a property technology platform in Singapore, offering end-to-end property solutions including brokerage, renovation, and property management services [3] - Since its launch in 2016, Ohmyhome has transacted over 14,500 properties and manages approximately 7,560 units as of June 30, 2024 [3] - The platform has received over 8,000 genuine reviews with an average rating of 4.9 out of 5 stars, making it the highest-rated property transaction platform [3]
Ohmyhome to Announce 2024 Growth Update
GlobeNewswire News Room· 2024-06-25 13:15
Safe Harbor Statement Following the call, a replay will be available at the Ohmyhome Investor Relations website at ir.ohmyhome.com on the same day. X: https://twitter.com/ohmyhometweets Facebook: https://www.facebook.com/ohmyhomesg/ Instagram: https://www.instagram.com/ohmyhomesg/ Singapore, June 25, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH, "Ohmyhome"), a one-stop-shop property technology platform providing end-to-end property solutions and services including brokerage, renovation and condominiu ...
Ohmyhome to Announce 2024 Growth Update
Newsfilter· 2024-06-25 13:15
Company Overview - Ohmyhome Ltd. is a property technology platform in Singapore that offers end-to-end property solutions including brokerage, renovation, and condominium property management services [3] - Since its launch in 2016, Ohmyhome has transacted over 15,000 properties and manages approximately 6,800 units as of December 31, 2023 [3] - The platform is highly rated, with more than 8,000 genuine reviews and an average rating of 4.9 out of 5 stars [3] Upcoming Events - Ohmyhome will release an update on its growth in 2024 before the market opens on July 5, 2024 [1] - A webinar will be hosted on the same day at 8:30 a.m. Eastern Standard Time / 8:30 p.m. Singapore Time to discuss key business updates [4] Company Mission - Ohmyhome aims to provide speed, ease, and reliability in property-related services, aspiring to be the most trusted and comprehensive property solution for everyone [8]
Ohmyhome Reports Robust Performance in the First Quarter of 2024, Anticipates Over 110% y-o-y Revenue Growth in First Half of the Year
Newsfilter· 2024-05-06 12:30
Singapore, May 06, 2024 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ:OMH, "Ohmyhome", "the Company"))), a one-stop-shop property technology platform providing end-to-end property solutions and services including brokerage, renovation and condominium property management services in Singapore, is pleased to announce a robust performance in the First Quarter of 2024, demonstrating significant growth across its three main business segments: brokerage, renovation, and property management. Transaction volume increas ...