Ohmyhome Reports Strong Q1 Growth in 2024

Ohmyhome Limited (OMH) has released an update.

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.

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