OMHNasdaqReal Estate Agents & Managers (For Others)US GAAP · USD

Ohmyhome Ltd

Ohmyhome Ltd is a Cayman Islands holding company with operating roots in Singapore, built around property-related services and digital marketing services. Historically, its business combined real estate brokerage, property management, renovation, and referral services in Singapore and Malaysia, and its continuing operations now center on internet marketing services delivered through its Singapore subsidiary.

Liikevaihto12,2milj. USD
+12,5 %v/v
Liikevoitto (EBIT)−9,3milj. USD
−111,6 %v/v
EBIT-marginaali−75,7%
−35,5 %-yks.v/v
Nettotulos−9,2milj. USD
−112,2 %v/v
Vapaa kassavirta−4,3milj. USD
−41,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−10−5051015milj. USD2020: 3,3 milj. USD2020: EBIT −2,6 milj. USD20202021: 4,4 milj. USD2021: EBIT −2,3 milj. USD20212022: 7,0 milj. USD2022: EBIT −3,2 milj. USD20222023: 5,0 milj. USD2023: EBIT −5,3 milj. USD20232024: 11 milj. USD2024: EBIT −4,4 milj. USD20242025: 12 milj. USD2025: EBIT −9,3 milj. USD202512−9,3
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Digital marketing services20 %

Internet marketing solutions including strategy, channel selection, and content delivery.

Property brokerage30 %

Residential brokerage services for buying, selling, and listing homes.

Property management10 %

Ongoing management services for residential property owners and landlords.

Renovation and home services20 %

Renovation, furnishing, and home improvement services tied to property transactions.

Referral and ancillary services20 %

Mortgage, legal, insurance, research, and other property-related referrals.

Tuotteet

Raportoitu · osuus liikevaihdosta
38,4%35,9%25,7%FY2024100 %
  • Property Management38,4 %
  • Brokerage Services35,9 %
  • Emerging and Other Services25,7 %

Lähde: 20-F FY2024, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Ohmyhome serves consumers and property owners who need help buying, selling, managing, improving, or financing homes. Its historical business model also connected users with mortgage, legal, and other ancillary service providers, while the continuing business serves clients seeking digital marketing execution. The customer base is concentrated in Singapore and, historically, Malaysia through its property services platform.

Residential consumers

Buyers and sellers using brokerage, listings, and related home transaction services.

Property owners and landlords

Owners using property management, maintenance coordination, and tenant-related services.

Home improvement customers

Clients purchasing renovation, furnishing, and home upgrade services tied to property ownership.

Financial and legal referral users

Customers seeking mortgage, legal, and insurance introductions around property transactions.

Digital marketing clients

Businesses buying internet marketing strategy, channel selection, and content delivery services.

Strategia

The company’s stated direction is to exit its historical brokerage and property-related services business and focus on expanding digital marketing services. That shift changes the business model from a transaction- and services-heavy property platform to a smaller, software-adjacent service offering centered on marketing execution. The strategic priority is to rebuild the company around a different customer base and operating profile in Singapore.

Build the digital marketing businessLyhyt aikaväli

Creates the continuing revenue base after the property exit and narrows the company’s operating scope.

Discontinue legacy property servicesLyhyt aikaväli

Removes exposure to declining revenues and operating losses in the historical business.

Simplify the operating structureKeskipitkä aikaväli

A narrower group structure can make the remaining business easier to manage and report.

Maantiede

The company is incorporated in the Cayman Islands, with its principal executive office in Singapore and operating history centered there. Its historical property services business covered Singapore and Malaysia, while the continuing digital marketing business is conducted through a Singapore subsidiary. Geography matters because its property services were tied to local housing markets and regulatory frameworks in Southeast Asia.

Riskit

The main company-specific risk is execution risk in replacing a broad property-services platform with a newer digital marketing business. The historical real estate model was exposed to local housing market conditions, regulatory rules, and competitive pressure, while the continuing business must still prove it can scale and win clients. Accounting and financial reporting also reflect a major disposal and discontinued-operations presentation, which can make period-to-period comparison difficult.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Business model transition risk1Local real estate market exposure2Competitive service pricing3Discontinued-operations volatility4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Business model transition riskVaikutus: KorkeaTodennäköisyys: Korkea

    The company is moving from property services to digital marketing, which may not scale as expected.

    Kohdistuu: Continuing operations and customer acquisition

  2. Local real estate market exposureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Historical brokerage and property services depend on transaction volumes, pricing, and housing demand in Singapore and Malaysia.

    Kohdistuu: Legacy discontinued operations

  3. Competitive service pricingVaikutus: KeskitasoTodennäköisyys: Korkea

    Brokerage, property management, and digital marketing are competitive and can face margin pressure from larger or lower-cost providers.

    Kohdistuu: Services revenue

  4. Discontinued-operations volatilityVaikutus: KeskitasoTodennäköisyys: Korkea

    The divestiture and related presentation can distort comparability of revenue, expenses, and cash flows across periods.

    Kohdistuu: Reported financial statements

Kirjanpito

Harkinnanvaraiset erät
Discontinued operations

The historical property business is separated from continuing operations after the divestiture.

Vaikutus: Changes how revenue, expenses, assets, and cash flows are presented

Revenue recognition

Service revenues may be recognized over time or at a point in time depending on contract terms.

Vaikutus: Affects timing of revenue and margin reporting

Expected credit losses

Receivables from customers or referral partners may require an allowance.

Vaikutus: Can reduce earnings and net assets

Impairment testing

Intangible assets and long-lived assets may need write-downs if cash generation weakens.

Vaikutus: Can create non-cash charges and reduce asset values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

Ohmyhome Ltd (Nasdaq) – Real Estate Agents & Managers (For Other | Analyysi – Clarifo