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OMH

Ohmyhome Limited

OMH

Ohmyhome Limited • NASDAQ
$0.85 ▲ 7.27% (+0.06)
Market Cap $19.64 M
52w High $4.33
52w Low $0.25
Dividend Yield 0%
P/E -0.58
Volume 13.53K
Outstanding Shares 23.10M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $6.416M ▲ $4.39M ▼ $-2.057M ▲ -32.068% ▲ $-0.096 ▲ $-1.327M ▲
Q2-2024 $4.47M ▲ $4.399M ▲ $-2.278M ▲ -50.961% ▲ $-0.104 ▲ $-1.997M ▲
Q4-2023 $2.837M ▲ $3.632M ▲ $-2.995M ▼ -105.547% ▲ $-0.18 ▼ $-3.026M ▼
Q2-2023 $2.167M ▼ $3.308M ▲ $-2.475M ▼ -114.205% ▼ $-0.13 ▲ $-2.185M ▼
Q4-2022 $3.643M $2.909M $-2.134M -58.565% $-0.133 $-2.071M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $1.146M ▼ $10.795M ▼ $4.496M ▼ $6.774M ▼
Q2-2024 $2.444M ▲ $12.746M ▲ $5.864M ▼ $7.332M ▲
Q4-2023 $191.807K ▼ $10.302M ▲ $6.299M ▲ $4.451M ▼
Q2-2023 $6.348M ▲ $7.701M ▲ $1.729M ▼ $6.374M ▲
Q4-2022 $301.433K $2.169M $4.352M $-1.781M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-2.084M ▲ $-990.287K ▲ $-634.096K ▲ $132.254K ▼ $19.56K ▼ $-1.188M ▲
Q2-2024 $-2.278M ▲ $-2.033M ▲ $-643.58K ▲ $4.992M ▲ $1.126M ▲ $-2.049M ▲
Q4-2023 $-2.995M ▼ $-2.309M ▲ $-4.247M ▼ $501.98K ▼ $-3.078M ▼ $-2.356M ▲
Q2-2023 $-2.475M ▼ $-2.546M ▲ $-287.43K ▼ $8.848M ▲ $3.023M ▲ $-2.549M ▲
Q4-2022 $-2.134M $-2.815M $-2.158K $1.323M $-727.944K $-2.817M

Five-Year Company Overview

Income Statement

Income Statement Ohmyhome is still in a very early revenue stage, with sales at a very small scale and not yet showing meaningful growth in the reported history. The company has been loss‑making, although recent results suggest losses may be narrowing toward break‑even. Earnings per share remain negative, which is typical for a young, growth‑oriented tech business that is investing ahead of revenue. Overall, this is a “build phase” income statement: small top line, modest but persistent losses, and a financial profile that depends heavily on future growth rather than current profitability.

Balance Sheet

Balance Sheet The balance sheet is light and simple, reflecting a young, asset‑lean technology and services company. Reported assets and equity are small, and there is no meaningful debt, which reduces financial leverage risk but also implies limited external funding from lenders. Cash is not clearly visible in the summarized figures and appears minimal, which can be a concern because it suggests limited cushion if the business needs to fund ongoing losses or expansion. In short, the company looks under‑levered but also thinly capitalized, so access to future capital and careful cash management are important watch points.

Cash Flow

Cash Flow Cash flow mirrors the income statement: operating cash generation seems roughly around break‑even in recent periods, but at a very small base and with at least one year of slightly negative free cash flow. Capital spending appears low, consistent with a software‑ and service‑heavy business rather than a capital‑intensive one. Practically, this means most cash needs are likely for people, product development, and marketing, not for large physical assets. The key risk is that, without a strong cash buffer, any sustained operating losses or aggressive expansion could require new funding from investors or other sources.

Competitive Edge

Competitive Edge Competitively, Ohmyhome is trying to stand out in Southeast Asian real estate by acting as a full “super app” rather than just a listings site or a traditional agency. Its integrated approach—combining property search, in‑house agents, mortgage help, legal support, renovation, moving, and property management—aims to keep customers inside one ecosystem from start to finish. The hybrid model (DIY plus salaried agents) and cost‑focused, transparent pricing are designed to appeal to both digital‑savvy users and those wanting hands‑on support. However, it operates in a market with strong, well‑funded incumbents, so scale, brand trust, and execution will be critical in turning its differentiated model into durable market share.

Innovation and R&D

Innovation and R&D Innovation is the clear strength of Ohmyhome’s story. Its HomerAI engine uses data and machine learning to offer instant valuations, affordability tools, and early buyer‑seller matching, which can reduce friction and information gaps in property transactions. The acquisition‑driven move into property management brings the Simple App and a range of IoT‑enabled features, opening doors to recurring software and service revenues and deeper data on how properties are used. The company is also exploring more advanced analytics and even blockchain‑based transaction tools, which, if executed well, could further streamline deals and strengthen its tech edge. Overall, R&D and product development are central to its strategy and are the main drivers of its potential moat, even though they are not yet fully reflected in financial performance.

Summary

Ohmyhome combines a very early‑stage financial profile with an ambitious, innovation‑heavy business model. The numbers show a company that is still tiny in revenue, not yet profitable, and operating with a thin balance sheet and limited visible cash, leaving little margin for prolonged missteps. At the same time, the strategic narrative is strong: an integrated super app, AI‑driven tools, property management capabilities, and expansion ambitions across Southeast Asia. The central question is whether the company can convert its technological and service differentiation into sustained user growth, stronger revenues, and ultimately stable profits before financial constraints become pressing. Progress on scaling revenue, stabilizing earnings, and reinforcing the balance sheet will be key indicators of how the story develops from here.