Ohmyhome Limited (OMH) has released an update.
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Ohmyhome Limited, a Singapore-based property technology platform, has reported a remarkable 106% revenue growth in the first half of 2024, reaching S$4.5 million, compared to the same period last year. The company’s net loss has also improved, dropping to S$2.3 million, alongside a strengthened balance sheet with increased cash reserves. These positive outcomes are attributed to improved performance across all business units and effective cost optimization strategies.
For further insights into OMH stock, check out TipRanks’ Stock Analysis page.