Ohmyhome Reports Results of 106% Growth in the First Half of 2024
Ohmyhome Limited - Ordinary Shares (OMH)
Company Research
Source: GlobeNewswire
Revenues achieved S$4.5 million (US$3.3 million), representing a 106% growth compared to the first half of 2023.Revenue growth was driven by increased performance across all three primary business units.EBITDA loss margin narrowed from -107% to -44%.Net income loss reduced to S$2.3 million (US$1.7 million), or US$0.07 per diluted share.Cash and Cash Equivalents stood at S$2.4 million (US$1.8 million). SINGAPORE, Sept. 25, 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 report its financial results for the six months ended June 30, 2024. Significant Revenue Growth and Margin Improvement For the first half of 2024 (1H 2024), Ohmyhome reported revenues of S$4.5 million (US$3.3 million), a 106% increase compared to S$2.2 million in the same perio
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OMH
News
- Ohmyhome Reports Stellar Business Growth in the Third Quarter of 2024GlobeNewswire
- Ohmyhome to Announce Q3 2024 Growth Updates [Yahoo! Finance]Yahoo! Finance
- Ohmyhome to Announce Q3 2024 Growth UpdatesGlobeNewswire
- OMH: Organic Growth, Benefits of New Property Management Unit Boost Results [Yahoo! Finance]Yahoo! Finance
- Ohmyhome Limited (NASDAQ: OMH) had its price target lowered by analysts at Maxim Group from $3.00 to $1.50. They now have a "buy" rating on the stock.MarketBeat
OMH
Analyst Actions
- 9/27/24 - Maxim Group
OMH
Sec Filings
- 11/1/24 - Form 6-K
- 10/11/24 - Form 6-K
- 9/25/24 - Form 6-K
- OMH's page on the SEC website