Ohmyhome Limited (OMH) AI Stock Analysis

• Market Cap: $28.88M
• Dividend Yield: N/A
• Average Volume (3M): 180.61K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.62
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 108
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.51
• Shares Outstanding: 23,101,131
• 10 Day Avg. Volume: 434,130
• 30 Day Avg. Volume: 180,606
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $1.50
• Price Target Upside: 20.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: $1.50 ▲(20.00% Upside)

Ohmyhome Limited's overall stock score is primarily influenced by its financial performance, which shows strong revenue growth but persistent unprofitability and negative cash flows. Technical analysis indicates short-term bullish momentum, but longer-term trends remain bearish. Valuation is challenging due to the lack of profitability and dividend yield.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Ohmyhome's services, enhancing its market position and potential for future profitability.

Low Leverage

Low leverage provides Ohmyhome with financial flexibility, reducing risk and allowing for strategic investments without excessive debt burden.

Share Capital Restructuring

Restructuring share capital can streamline governance and improve market positioning, potentially enhancing shareholder value and strategic flexibility.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates challenges in generating sufficient cash to cover operations, which may impact long-term sustainability.

Unprofitability

Continued unprofitability raises concerns about the company's ability to achieve sustainable operations and return value to shareholders.

Reliance on External Financing

Dependence on external financing for cash flow may not be sustainable, posing risks to financial stability if market conditions change.

Ohmyhome Limited Business Overview & Revenue Model

Company Description

Ohmyhome Pte. Ltd. develops and operates an online property platform that offers real estate brokerage services in Singapore, Malaysia, and the Philippines. Its platform allows customers to purchase, sell, rent, or lease their properties. The company also offers other property-related services, including listing and research services comprising online property listings and information, tools, and research, including property transaction guides, automated electronic valuation of listed properties, and calculators; mortgage advice and financing guidance services; and legal services comprising conveyancing, legal advice, and documentation preparation services. In addition, it offers home renovation and furnishing services; home services, such as cleaning, painting, and related services for the upgrading and maintenance needs of homeowners; professional moving services; relocating services; and insurance referral services. The company was incorporated in 2015 and is based in Singapore. Ohmyhome Pte Ltd operates an online portal that allows to buy, sell, and rent properties. It offers HDB agent, condo agent, and mortgage advisory services.

How the Company Makes Money

Ohmyhome generates revenue through multiple streams, primarily by charging transaction fees for property sales and rentals facilitated through its platform. The company also earns income from premium listing services where property owners can pay for enhanced visibility of their listings. Additionally, OMH provides ancillary services such as home financing and insurance, which contribute to its revenue. Strategic partnerships with financial institutions and service providers further bolster its earnings by offering clients integrated solutions, thereby increasing customer retention and transaction volumes.

Ohmyhome Limited Financial Statement Overview

Summary

Ohmyhome Limited is experiencing strong revenue growth and has improved its equity position. However, persistent net losses and negative cash flows indicate challenges in achieving profitability and self-sustaining operations. While the balance sheet is strengthening, the reliance on external financing and historical negative equity raise concerns about long-term stability.

Income Statement

Ohmyhome Limited has shown significant revenue growth, with a 117.5% increase from 2023 to 2024. However, the company remains unprofitable, with negative net profit margins (-39.8% in 2024) and EBIT margins (-40.3% in 2024). The gross profit margin is moderate at 40.4% for 2024, indicating a decent markup over costs. Overall, while revenue is growing, persistent losses and negative margins are concerning.

Balance Sheet

The balance sheet shows an improvement in equity, with stockholders' equity increasing to $6.8 million in 2024 from $4.5 million in 2023. The debt-to-equity ratio is relatively low at 0.11, suggesting low leverage. However, the company has a history of negative equity, raising concerns about historical financial stability. The equity ratio improved to 62.7% in 2024, indicating greater financial stability.

Cash Flow

Although free cash flow improved slightly, it remains negative at -$3.2 million in 2024. The operating cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash flow to cover its net losses. The company has been reliant on financing activities, with significant cash inflows from financing in 2024, which may not be sustainable long-term.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.89M	5.00M	7.03M	4.38M	3.34M
Gross Profit	4.41M	1.72M	2.32M	2.39M	1.37M
EBITDA	-3.32M	-5.00M	-2.71M	-1.60M	-1.74M
Net Income	-4.34M	-5.47M	-3.05M	-1.82M	-1.94M
Balance Sheet
Total Assets	10.80M	10.30M	2.17M	2.49M	654.23K
Cash, Cash Equivalents and Short-Term Investments	1.15M	191.81K	301.43K	1.22M	166.59K
Total Debt	774.85K	1.01M	3.84M	1.17M	2.11M
Total Liabilities	4.50M	6.30M	4.35M	1.63M	2.61M
Stockholders Equity	6.77M	4.45M	-1.78M	1.25M	-1.65M
Cash Flow
Free Cash Flow	-3.24M	-5.64M	-3.12M	-1.85M	-1.62M
Operating Cash Flow	-3.02M	-4.85M	-3.11M	-1.81M	-1.60M
Investing Cash Flow	-1.28M	-4.53M	855.40K	-913.04K	-23.74K
Financing Cash Flow	5.12M	9.35M	1.31M	3.77M	1.42M

Ohmyhome Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.25
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OMH, the sentiment is Neutral. The current price of 1.25 is above the 20-day moving average (MA) of 1.21, above the 50-day MA of 1.24, and below the 200-day MA of 2.41, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 35.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OMH.

Ohmyhome Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RMAX	71 Outperform	318.40M	20.75	2.15%	―	-5.21%	0.00%
EXPI	67 Neutral	1.74B	-54.38	0.00%	1.81%	3.55%	-36.05%
FTHM	62 Neutral	56.83M	-1.89	-57.97%	―	19.16%	12.99%
DOUG	56 Neutral	263.46M	-4.06	-47.05%	―	8.64%	1.81%
OMH	52 Neutral	$28.88M	―	-122.89%	―	―	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Ohmyhome Limited Corporate Events

Ohmyhome Limited Announces Transition to Class A Ordinary Shares

Ohmyhome Limited, a company listed on the Nasdaq Capital Market, held its 2025 Extraordinary General Meeting of Shareholders on June 23, 2025. During this meeting, shareholders approved the filing of the Second Amended and Restated Memorandum and Articles of Association with the Companies Register of the Cayman Islands. As a result, the company’s shares will transition from Ordinary Shares to Class A Ordinary Shares, which will begin trading on July 28, 2025, under the same symbol ‘OMH’. This change is expected to impact the company’s market presence and shareholder structure.

Ohmyhome Limited Restructures Share Capital in June 2025

On June 23, 2025, Ohmyhome Limited held an Extraordinary General Meeting where shareholders approved five key proposals, including the re-designation of its share capital into Class A and Class B ordinary shares. This strategic move aims to streamline the company’s capital structure and enhance its governance framework, potentially impacting its market positioning and stakeholder relations positively.