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Ohmyhome Limited (OMH)
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Ohmyhome Limited (OMH) AI Stock Analysis

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OMH

Ohmyhome Limited

(NASDAQ:OMH)

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Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
$1.00
▼(-15.97% Downside)
Ohmyhome Limited's overall stock score is primarily influenced by its financial performance, which shows strong revenue growth but persistent net losses and negative cash flows. Technical analysis indicates neutral to weak bearish momentum, while the lack of valuation metrics adds uncertainty. The absence of earnings call and corporate events data limits further insights.
Positive Factors
Revenue Growth
The substantial revenue growth indicates strong market demand and effective business strategies, positioning the company well for future expansion.
Low Leverage
Low leverage provides financial flexibility and reduces risk, allowing the company to invest in growth opportunities without significant debt burdens.
Leadership Change
The appointment of a new CEO with extensive experience could bring fresh perspectives and strategic direction, potentially enhancing operational efficiency and growth.
Negative Factors
Persistent Net Losses
Ongoing net losses highlight challenges in cost management and profitability, which may hinder the company's ability to sustain operations without external funding.
Negative Cash Flow
Negative cash flow indicates the company is not generating enough cash from operations, potentially limiting its ability to invest in growth and meet financial obligations.
Reliance on External Financing
Dependence on external financing for cash flow sustainability raises concerns about long-term financial health and the ability to maintain operations independently.

Ohmyhome Limited (OMH) vs. SPDR S&P 500 ETF (SPY)

Ohmyhome Limited Business Overview & Revenue Model

Company DescriptionOhmyhome Limited (OMH) is a technology-driven real estate platform based in Singapore, specializing in providing seamless property transactions for buyers, sellers, and renters. The company operates in the real estate sector and offers a range of services including property listings, transaction management, and home financing solutions. With a focus on simplifying the real estate process, OMH utilizes innovative technology to enhance user experience and efficiency in property transactions.
How the Company Makes MoneyOhmyhome generates revenue through multiple streams, primarily by charging transaction fees for property sales and rentals facilitated through its platform. The company also earns income from premium listing services where property owners can pay for enhanced visibility of their listings. Additionally, OMH provides ancillary services such as home financing and insurance, which contribute to its revenue. Strategic partnerships with financial institutions and service providers further bolster its earnings by offering clients integrated solutions, thereby increasing customer retention and transaction volumes.

Ohmyhome Limited Earnings Call Summary

Earnings Call Date:Apr 29, 2025
(Q3-2024)
|
% Change Since: |
Next Earnings Date:Oct 07, 2025
Earnings Call Sentiment Positive
OMH demonstrated robust growth in revenue, cash balance, and business expansion, particularly in the property management and renovation sectors. The company shows promise with its innovative technology and improved market presence. However, ongoing operating losses and high expenses present challenges, alongside a lower market valuation compared to peers.
Q3-2024 Updates
Positive Updates
Significant Revenue Growth
OMH reported a 106% revenue growth from SGD 2.17 million to SGD 4.47 million in the first half of 2023, with improved gross margins across all business segments.
Increase in Cash Balance
OMH's cash balance increased to $22.1 million as of September 30, 2024, from $1.8 million in June, attributed to increased deal closures and cost optimization initiatives.
Property Management Expansion
The number of units under management grew from 6,700 to 9,283, marking a 38% year-over-year increase, contributing to a steady revenue stream.
High Growth in Renovation Contracts
Renovation contracts reached $2.43 million for the first nine months of 2024, close to 300% of the previous year's figures.
Increased Gross Transaction Value
Total property transaction GTV for the first nine months of 2024 increased by 51% compared to last year.
Improved Brokerage Services
Brokerage services saw a 32% increase in transaction numbers and a 51% increase in GTV for the first nine months of 2024.
Innovative Use of Technology
The launch of HomerAI contributed significantly to market awareness and improved customer conversion rates.
Negative Updates
Continued Operating Losses
OMH is still incurring losses, although the loss is narrowing due to ongoing investments in technology.
High Operating Expenses
Operating expenses remain high, partly due to recent acquisition activities and increased amortization expenses.
Low Market Valuation
OMH is trading at a low valuation multiple of 1.3x revenue, which is significantly lower than industry peers.
Company Guidance
During the Q3 2024 earnings call for Ohmyhome (NASDAQ: OMH) on October 29, CEO Rhonda Wong and Director of Finance Leo Li discussed the company's financial health and growth strategies. Notably, Ohmyhome achieved a 51% increase in gross transaction value, amounting to $212 million for the first nine months of 2024. The company also reported a 106% revenue growth for the first half of 2023, with revenues rising from SGD 2.17 million to SGD 4.47 million, and gross profit margins improving across all business segments. They highlighted the company's cash balance increase to $22.1 million as of September 30, 2024. The call emphasized the successful integration of AI technology, particularly HomerAI, to enhance user engagement and conversion efficiencies, and detailed the expansion of their property management business, which now manages over 9,283 units—a 38% year-over-year increase. Despite ongoing losses due to technology investments, Ohmyhome continues to focus on scaling its profitable business model and expanding its market presence.

Ohmyhome Limited Financial Statement Overview

Summary
Ohmyhome Limited is experiencing strong revenue growth and has improved its equity position. However, persistent net losses and negative cash flows indicate challenges in achieving profitability and self-sustaining operations. While the balance sheet is strengthening, the reliance on external financing and historical negative equity raise concerns about long-term stability.
Income Statement
45
Neutral
Ohmyhome Limited has shown significant revenue growth, with a 117.5% increase from 2023 to 2024. However, the company remains unprofitable, with negative net profit margins (-39.8% in 2024) and EBIT margins (-40.3% in 2024). The gross profit margin is moderate at 40.4% for 2024, indicating a decent markup over costs. Overall, while revenue is growing, persistent losses and negative margins are concerning.
Balance Sheet
50
Neutral
The balance sheet shows an improvement in equity, with stockholders' equity increasing to $6.8 million in 2024 from $4.5 million in 2023. The debt-to-equity ratio is relatively low at 0.11, suggesting low leverage. However, the company has a history of negative equity, raising concerns about historical financial stability. The equity ratio improved to 62.7% in 2024, indicating greater financial stability.
Cash Flow
40
Negative
Although free cash flow improved slightly, it remains negative at -$3.2 million in 2024. The operating cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash flow to cover its net losses. The company has been reliant on financing activities, with significant cash inflows from financing in 2024, which may not be sustainable long-term.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue10.89M5.00M7.03M4.38M3.34M
Gross Profit4.41M1.72M2.32M2.39M1.37M
EBITDA-3.32M-5.00M-2.71M-1.60M-1.74M
Net Income-4.34M-5.47M-3.05M-1.82M-1.94M
Balance Sheet
Total Assets10.80M10.30M2.17M2.49M654.23K
Cash, Cash Equivalents and Short-Term Investments1.15M191.81K301.43K1.22M166.59K
Total Debt774.85K1.01M3.84M1.17M2.11M
Total Liabilities4.50M6.30M4.35M1.63M2.61M
Stockholders Equity6.77M4.45M-1.78M1.25M-1.65M
Cash Flow
Free Cash Flow-3.24M-5.64M-3.12M-1.85M-1.62M
Operating Cash Flow-3.02M-4.85M-3.11M-1.81M-1.60M
Investing Cash Flow-1.28M-4.53M855.40K-913.04K-23.74K
Financing Cash Flow5.12M9.35M1.31M3.77M1.42M

Ohmyhome Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.19
Price Trends
50DMA
1.23
Positive
100DMA
1.29
Positive
200DMA
2.00
Negative
Market Momentum
MACD
<0.01
Negative
RSI
56.89
Neutral
STOCH
82.08
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMH, the sentiment is Positive. The current price of 1.19 is below the 20-day moving average (MA) of 1.23, below the 50-day MA of 1.23, and below the 200-day MA of 2.00, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.89 is Neutral, neither overbought nor oversold. The STOCH value of 82.08 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OMH.

Ohmyhome Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$774.13M-25.27%65.60%69.72%
$2.17B12.193.79%4.94%3.15%1.96%
$219.11M-36.97%8.64%1.81%
$53.72M-50.22%19.16%12.99%
$30.26M
$71.57M-111.30%-30.44%15.55%
$6.96M-611.63%54.92%-342.17%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
OMH
Ohmyhome Limited
1.31
-3.07
-70.09%
FTHM
Fathom Holdings
1.43
-1.10
-43.48%
OPAD
Offerpad Solutions
2.34
-0.82
-25.95%
REAX
Real Brokerage
3.72
-1.76
-32.12%
DOUG
Douglas Elliman Inc.
2.47
0.40
19.32%
LRHC
La Rosa Holdings Corp.
5.66
-62.34
-91.68%

Ohmyhome Limited Corporate Events

Ohmyhome Limited Announces Leadership Changes
Oct 27, 2025

Ohmyhome Limited, a company in the real estate industry, announced significant leadership changes on October 22, 2025. Ms. Rhonda Wong resigned from her roles as Co-Chief Executive Officer, Chief Financial Officer, and director, with no disagreements regarding company operations. Ms. Wong Wun Wun Daisy was appointed as the new Co-Chief Executive Officer, effective the same day. Daisy brings extensive experience in project management and business strategy, having held executive roles in various companies, including ZOG Group Limited and Fu Kwan Warehouse Co., Ltd. The company is actively seeking a new Chief Financial Officer to fill the vacancy left by Rhonda Wong’s resignation.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 28, 2025