STOCK TITAN

OM HOLDINGS INTL INC - $OMHI STOCK NEWS

Welcome to our dedicated page for OM HOLDINGS INTL news (Ticker: $OMHI), a resource for investors and traders seeking the latest updates and insights on OM HOLDINGS INTL stock.

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 OM HOLDINGS INTL'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 OM HOLDINGS INTL's position in the market.

Rhea-AI Summary
OM Holdings International, Inc. (OMHI) highlights a crucial financial analysis comparing the tech sector in the Caribbean to Southeast Asia's historical success. The report underlines the Caribbean's potential as a burgeoning market for tech investment, drawing substantial interest from institutional investors. It details the growth of tech ecosystems, government initiatives, and sector comparison, positioning the Caribbean as a promising destination for tech investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
OM Holdings International, Inc. (OMHI) plans to seek a dual listing on the Toronto Stock Exchange (TSX-V) to enhance liquidity, market accessibility, investment security, credibility, and visibility. The company aims to facilitate international growth, unwavering commitment to shareholders, and trading flexibility for investors. The dual listing strategy sets the stage for an uplisting to NASDAQ in 2024, aligning with NASDAQ's rigorous standards and promising new growth avenues and broader investor engagement. OMHI recognizes the delay in releasing its annual report due to a transition to IFRS accounting practices but is pleased to share that 2023 has been marked by the highest revenue in its history.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.18%
Tags
none
-
Rhea-AI Summary
OM Holdings International, Inc. (OMHI) reported Q3 revenue of $12.43 million, a 29.6% YoY growth. Gross margin increased to $3.39 million. Net income decreased from $699,664 to $357,479. Total assets and shareholders' equity increased to $58.45 million and $18.41 million respectively. The company unveiled a strategic plan for the next 12 months, including product expansion, retail expansion, market expansion, building partnerships, and financing growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.8%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
OM HOLDINGS INTL INC

OTC:OMHI

OMHI Rankings

OMHI Stock Data

10.44M
55.76k
Crushed and Broken Limestone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
North Las Vegas

About OMHI

omhi holdings international, inc. serves consumers and retail customers by providing a multi-tenant on-demand technology platform for the delivery of goods and services throughout the caribbean from a single mobile app. the firm vertically integrates contactless delivery of these essentials, while simultaneously providing multi-modal transportation. omhi was formed through the fusion of rydeum, an on-demand technology platform founded by mark hannah in 2019, and onemart, a 35-year-old grocery store founded by mark vanterpool in 1986. omhi's technology subsidiary, rydeum partnered with jamaica's largest taxicab union (12,000 drivers) in 2021. this segment provides an uber-, grubhub-, and instacart-like platform which uniquely satisfies the needs of local on-demand economies (lode) in the caribbean. omhi's storefront and essential goods subsidiary, onemart is the second largest grocery provider in the british virgin islands. this segment offers groceries, home goods, electronics, furnitu