Core Insights - Cloudastructure has secured a six-figure enterprise contract to provide AI-driven security solutions for a national investment firm managing over 20,000 apartment units [1][2] - The partnership aims to modernize and unify security operations across the client's portfolio, starting with two multifamily communities in the western United States [2][3] - This initiative reflects a broader industry trend towards centralized security management in the multifamily sector, moving away from traditional property-by-property approaches [3][4] Company Overview - Cloudastructure is recognized as a leader in AI surveillance and remote guarding, utilizing a scalable cloud-based architecture that integrates advanced video surveillance and AI/ML analytics [5][6] - The company's platform offers a proactive, end-to-end security solution with a significant cost advantage, achieving up to 75% lower Total Cost of Ownership compared to traditional systems [6] Industry Trends - There is a growing momentum for AI-driven security solutions in the multifamily sector, particularly among major investment and property management firms seeking measurable ROI and enhanced brand reputation [3][4] - The shift towards smart, connected infrastructure in security is transforming the industry, enabling real-time insights and proactive incident prevention [4][6]

Core Insights - Ohmyhome Ltd. reported a total revenue increase of 118% to S$10.9 million for the fiscal year ended December 31, 2024, compared to S$5.0 million in 2023, indicating strong growth across all business segments [1][5] - The company achieved a gross margin of 40.5%, up from 33.0% in 2023, reflecting operational efficiencies and an improved segment mix [2][5] - EBITDA loss narrowed significantly to S$3.4 million from S$5.1 million in the prior year, with the EBITDA loss margin improving from -103% to -31%, showcasing strong operating leverage [3][5] Financial Performance - Brokerage revenue grew by 39% year-over-year to S$3.9 million, accounting for 36% of total revenue, supported by the deployment of HomerAI and enhanced marketing initiatives [6] - Property Management revenue surged 394% to S$4.2 million, driven by increased demand for tech-enabled estate management solutions following the acquisition of Simply Sakal [6] - Emerging and Other Services revenue increased by 109% to S$2.8 million, primarily due to a rise in office renovation projects [6] Balance Sheet Highlights - Total assets increased modestly to S$10.8 million, while total liabilities decreased to S$4.5 million from S$6.3 million, mainly due to loan repayments [7] - Shareholders' equity strengthened from S$4.0 million to S$6.3 million, indicating improved financial stability [7] Future Outlook - Ohmyhome aims to scale its core businesses through enhanced marketing strategies, AI-powered customer engagement, and further penetration into the condominium market, which are expected to drive continued revenue growth and margin expansion [4]