OMH - Ohmyhome Limited Stock Analysis | Stock Taper
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Ohmyhome Limited

OMH

Ohmyhome Limited NASDAQ
$1.24 -3.13% (-0.04)

Market Cap $28.65 M
52w High $4.33
52w Low $0.25
P/E -0.92
Volume 13.87K
Outstanding Shares 23.10M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $6.65M $4.03M $-1.27M -19.13% $-0.05 $-839.42K
Q4-2024 $6.42M $4.39M $-2.06M -32.07% $-0.1 $-1.33M
Q2-2024 $4.47M $4.4M $-2.28M -50.96% $-0.1 $-2M
Q4-2023 $2.84M $3.63M $-2.99M -105.55% $-0.18 $-3.03M
Q2-2023 $2.17M $3.31M $-2.47M -114.21% $-0.13 $-2.18M

What's going well?

The company managed to grow sales slightly and cut operating expenses, leading to a smaller net loss. Cost control is improving, and the loss per share is less severe than last quarter.

What's concerning?

Gross margins dropped sharply, meaning the company keeps less from each sale. The business is still losing money, and a rising share count is diluting existing shareholders.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $3.88M $12.3M $4.26M $8.53M
Q4-2024 $1.15M $10.8M $4.5M $6.77M
Q2-2024 $2.44M $12.75M $5.86M $7.33M
Q4-2023 $191.81K $10.3M $6.3M $4.45M
Q2-2023 $6.35M $7.7M $1.73M $6.37M

What's financially strong about this company?

OMH has more than tripled its cash, paid down debt, and increased equity. Its current assets easily cover short-term bills, and debt is very low compared to the size of the business.

What are the financial risks or weaknesses?

Receivables are rising faster than sales, which could mean customers are paying slower. A large portion of assets is goodwill and intangibles, and the company has a history of losses.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.35M $-374.82K $-99.34K $3.57M $3.88M $-764.44K
Q4-2024 $-2.08M $-990.29K $-634.1K $132.25K $19.56K $-1.19M
Q2-2024 $-2.28M $-2.03M $-643.58K $4.99M $1.13M $-2.05M
Q4-2023 $-2.99M $-2.31M $-4.25M $501.98K $-3.08M $-2.36M
Q2-2023 $-2.47M $-2.55M $-287.43K $8.85M $3.02M $-2.55M

What's strong about this company's cash flow?

Cash burn is shrinking, and the company managed to raise a large amount of cash by issuing new shares. Operating and free cash flow are both less negative than last quarter.

What are the cash flow concerns?

Core business is still losing money and burning cash, and the company is highly dependent on selling new shares to survive. Shareholder dilution is significant, and runway is limited unless more funds are raised.

Q3 2024 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Ohmyhome Limited's financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include rapid revenue growth, a much stronger balance sheet with lower debt and higher cash, and a clear technology‑driven value proposition. The integrated platform, AI‑enabled tools, and hybrid agent model provide a differentiated customer experience. The company has shown the ability to raise capital to fund its growth and has turned a previously weak equity position into a more solid one. These elements collectively support a credible growth narrative in a sizeable and evolving real estate services market.

! Risks

The main risks center on persistent losses, ongoing cash burn, and heavy reliance on external financing. Operating expenses, particularly overhead, have grown quickly, delaying the path to profitability and positive cash flow. Asset quality is somewhat mixed due to significant goodwill and intangibles, which could be vulnerable if acquisitions underperform. Competitive and regulatory pressures in real estate, along with the cyclical nature of property markets, add external uncertainty to an already challenging internal profitability picture.

Outlook

Looking ahead, OMH appears to be at an inflection point where strong top‑line momentum and an improved balance sheet must be converted into sustainable economics. If management can rein in cost growth, leverage its technology to drive higher‑margin services, and maintain access to funding while losses narrow, the business could gradually move toward a more balanced financial profile. Conversely, if revenue growth slows or competition intensifies before profitability improves, the company may face pressure to further dilute shareholders or scale back ambitions. Overall, the outlook combines promising strategic positioning with meaningful execution and funding risks that will likely define the next phase of its development.