Welcome to our dedicated news page for Ohmyhome Ordinary Shares (Ticker: OMH), a resource for investors and traders seeking the latest updates and insights on Ohmyhome Ordinary Shares.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ohmyhome Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ohmyhome Ordinary Shares's position in the market.
Rhea-AI Summary
Ohmyhome reported its 2023 full-year results, achieving S$5.0 million in revenues, launching HomerAI, and completing the acquisition of its Property Management business. The company aims for 3X growth in 2024 with a positive Adjusted EBITDA in Q4 2024. Despite a net loss of S$5.5 million, Ohmyhome sellers continue to sell above valuation 73% of the time, with 15,500 transactions and a total GTV of US$3.0 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.38%
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Rhea-AI Summary
Ohmyhome (NASDAQ: OMH) will release its 2023 financial results on April 18, 2024. The company offers property technology services in Singapore and will host a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.62%
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Rhea-AI Summary
Ohmyhome Ltd. announces over 14,300 homes connected with a Gross Merchandise Value of SGD 13.44 billion as of Feb 2024 through its homeowner-focused product, HomerAI. The platform offers various services like live valuation, cash proceeds calculator, affordability calculator, mortgage calculator, and more, empowering homeowners with valuable tools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.74%
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Rhea-AI Summary
Ohmyhome Ltd. (OMH) successfully closed an upsized public offering of 3,555,555 ordinary shares at $1.35 per share, raising approximately $4.8 million. Maxim Group LLC served as the placement agent. The offering was made under a registration statement declared effective by the SEC on February 13, 2024.
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Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Ohmyhome Ltd. (OMH) announces the pricing of its upsized public offering of 3,555,555 ordinary shares at $1.35 per share, expecting gross proceeds of around $4.8 million. The offering is set to close on February 16, 2024, with Maxim Group LLC as the sole placement agent. The securities are offered under a registration statement declared effective by the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-41.15%
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Rhea-AI Summary
Ohmyhome Ltd. (NASDAQ: OMH) announces significant developments and milestones following its acquisition of Simply Sakal Pte. Ltd. The acquisition has expanded Ohmyhome's service offerings and established a strong position in the condominium property management sector in Singapore. The property management business has historically grown at a 57% CAGR, achieving revenue of $2.0 million in 2022 with 4,648 units under management. The integration of services and potential synergies are expected to result in lower cost of customer acquisition and new revenue streams. Ohmyhome Property Management has also introduced Vehicle Management Systems for condominiums as a new SaaS revenue source through IoT solutions. The post-acquisition phase marks the beginning of a new era for Ohmyhome, propelling the growth of the combined company to become a property SuperApp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.88%
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News
Rhea-AI Summary
Ohmyhome Ltd. (OMH) announces a strategic partnership with SG Alliance Pte. Ltd. to provide comprehensive insurance solutions and property services in Singapore. The partnership aims to bring Ohmyhome's services to SG Alliance's clients and cater to the needs of homeowners and homebuyers. The event held by SG Alliance unveiled collaborative partnership initiatives with the participation of over 200 representatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
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Rhea-AI Summary
Ohmyhome Ltd. (OMH) collaborates with Real Centre Network to host RCN Convocation 2024, celebrating over 100 newly-minted real estate salespersons. The event was sponsored by industry-leading organizations and brought together key figures from Singapore's top agencies, providing practical tips and personal advice on navigating the real estate landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
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Rhea-AI Summary
Ohmyhome Ltd. (OMH) and Webuy Global Ltd. (WBUY) announced a strategic collaboration to cross-sell their respective products and services across Singapore. The collaboration includes integrating Ohmyhome's property listings into Webuy communities, offering Webuy's 'group buy' services to Ohmyhome's homeowners, and offline expansion support for Webuy's plans to open 100 offline stores in Singapore.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
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Rhea-AI Summary
Ohmyhome acquires Simply Sakal, a leading property management company in Singapore, for S$4.7 million. The transaction is expected to enhance Ohmyhome's technology and service offerings, leading to revenue growth and positive EBITDA in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.89%
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Ohmyhome Limited Ordinary Shares
Nasdaq:OMH
OMH Rankings
OMH Stock Data
12.53M
9.61M
50.27%
0.52%
0.62%
Real Estate Services
Real Estate
United States of America
Singapore