Welcome to our dedicated page for Ohmyhome news (Ticker: OMH), a resource for investors and traders seeking the latest updates and insights on Ohmyhome stock.
Ohmyhome Limited reports developments for a Singapore property technology platform that provides end-to-end real estate services for buying, selling, renting, renovating homes, and managing condominium properties. Company updates commonly cover brokerage activity, renovation projects, property management growth, and technology-enabled service initiatives such as HomerAI.
News also includes financial results, revenue and margin trends across brokerage, property management, and emerging services, as well as capital-markets matters tied to the company’s Nasdaq listing. Reported corporate actions include a reverse stock split and related changes to authorized shares and par value.
Ohmyhome (NASDAQ: OMH) has priced a registered direct offering with certain institutional investors for 20,000,000 Class A ordinary shares, or pre-funded warrants in lieu thereof, at $0.20 per share. Pre-funded warrants will have the same purchase price, less a $0.01 per share exercise price.
The company expects to receive approximately $4 million in gross proceeds before placement agent fees and expenses. The offering is expected to close on or about July 28, 2026, subject to customary closing conditions, with Univest Securities acting as sole placement agent and the securities issued under an effective Form F-3 shelf registration.
Ohmyhome (NASDAQ: OMH) disclosed that on July 13, 2026 it received a Nasdaq Listing Qualifications notification that its Class A ordinary shares no longer meet the Nasdaq Capital Market continued listing requirement of a minimum $1.00 bid price, based on closing bids from May 28 to July 10, 2026.
The notice has no immediate effect on the listing or trading of OMH shares. Ohmyhome has 180 calendar days, until January 11, 2027, to regain compliance. According to the company, it is evaluating options, including all available alternatives, and intends to take appropriate measures to meet the minimum bid price requirement.
Ohmyhome reported outstanding financial results for fiscal year 2024, with total revenue surging 118% to S$10.9 million from S$5.0 million in 2023. The company showed strong performance across all segments:
- Brokerage revenue grew 39% to S$3.9 million
- Property Management revenue increased 394% to S$4.2 million
- Emerging Services revenue rose 109% to S$2.8 million
Gross margin improved to 40.5%, with notable gains across all segments. The company's EBITDA loss narrowed to S$3.4 million from S$5.1 million, with margin improving from -103% to -31%. Net loss decreased to S$4.4 million. Balance sheet strengthened with total assets at S$10.8 million and reduced liabilities of S$4.5 million. The company's focus remains on scaling core businesses through AI-powered solutions and enhanced marketing strategies.
Ohmyhome (NASDAQ: OMH) has announced a 1-for-10 reverse stock split effective March 10, 2025, following shareholder approval on January 24, 2025. The reverse split will reduce outstanding ordinary shares from approximately 24 million to 2.4 million, with the stock continuing to trade under the symbol 'OMH' but with a new CUSIP number G6S38M115.
The strategic move aims to maintain Nasdaq Capital Market listing compliance by meeting the minimum bid price requirement of $1.00 per share. The company will adjust the par value of post-split shares to $0.01 and proportionally modify outstanding warrants and options. No fractional shares will be issued, with entitlements rounded down to the nearest whole share.
Ohmyhome (NASDAQ: OMH) reports significant growth across all business segments in Q3 2024. The agent brokerage segment achieved a GTV of USD 84 million, up 48.7% from Q3 2023. The renovation segment secured contracts worth USD 1.46 million, marking a 403% year-over-year increase. Property management expanded to 9,283 units, up from 7,560 units in June 2024. The company's cash position improved to USD 2.1 million from USD 1.8 million in June 2024, with narrowed losses due to enhanced operational efficiencies.
Ohmyhome (NASDAQ: OMH), a property technology platform offering end-to-end property solutions in Singapore, has announced it will release Q3 2024 growth updates on October 29, 2024, before market open. This follows the company's reported 106% year-over-year growth in H1 2024. A webinar hosted by Ohmyhome's management team will take place at 8:30 a.m. EST / 8:30 p.m. SGT on the same day to present insights on the company's Q3 growth. Interested parties can register for the webinar through the provided link. After the event, a replay and presentation materials will be available on Ohmyhome's investor relations website.
Ohmyhome (NASDAQ: OMH) reported strong financial results for the first half of 2024, with revenues reaching S$4.5 million (US$3.3 million), representing a 106% growth compared to the same period in 2023. This growth was driven by increased performance across all three primary business units. The company's EBITDA loss margin narrowed from -107% to -44%, while net income loss reduced to S$2.3 million (US$1.7 million), or US$0.07 per diluted share.
Key highlights include:
- 13.9% year-over-year increase in brokerage services revenue
- New revenue contribution of S$2.0 million from Property Management services
- 16% growth in emerging and other services revenue
- Gross profit increase of 108% compared to 1H 2023
- Improved gross margins across all business units
- Cash and cash equivalents of S$2.4 million as of June 30, 2024
Ohmyhome (NASDAQ: OMH), a property technology platform, reported significant year-over-year growth in the first half of 2024 across its brokerage, renovation, and property management segments.
The brokerage segment saw a 53% Y-o-Y increase in Gross Transaction Value (GTV), now accounting for 60% of total property value transacted. The renovation segment experienced a 194% growth due to an increase in office and residential projects. The property management segment, newly acquired, also demonstrated promising growth with a 29% Y-o-Y increase in managed projects.
Anticipated revenue for H1 2024 is expected to exceed 110% growth compared to H1 2023. The company launched new features in its HomerAI product, enhancing user experience for homeowners and buyers through AI-driven tools and simplified processes.
CEO Rhonda Wong expressed excitement about these achievements and future tech-driven innovations.
Ohmyhome, a property technology platform listed on NASDAQ under the symbol OMH, will announce its 2024 growth update on July 5, 2024, before the market opens. The company offers end-to-end property solutions in Singapore, including brokerage, renovation, and condominium management services.
A webinar to discuss key business updates will be held on the same day at 8:30 a.m. Eastern Standard Time/ 8:30 p.m. Singapore Time. Interested parties can register and access the live webinar through a provided link. A replay will be available later on the Ohmyhome Investor Relations website.
Ohmyhome (OMH) received a deficiency notification from Nasdaq due to not meeting the minimum bid price requirement of US$1.00 per share for continued listing. The company has until October 28, 2024, to regain compliance by maintaining a closing bid price of at least US$1.00 for 10 consecutive trading days. Failure to do so may result in delisting, but this notification has no immediate impact on business operations or stock trading.