Ohmyhome Limited (OMH) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ohmyhome Limited has reported a robust first-quarter performance in 2024 with a predicted revenue growth of over 110% in the first half of the year, compared to the same period last year. The company experienced substantial growth across its brokerage, renovation, and property management segments, with a 60% increase in transaction volume and a 90% rise in Gross Transaction Value (GTV), particularly due to its expanding condominium market presence. Ohmyhome’s proprietary homeowner-focused mobile app, HomerAI, also saw significant user growth, connecting over 15,800 homes with an approximate Gross Merchandise Value (GMV) of SGD 15 billion.
For further insights into OMH stock, check out TipRanks’ Stock Analysis page.