Ohmyhome Ltd

General Information
Business:

We are a data and technology-driven property technology company based in Singapore. Through our subsidiaries, we operate a one-stop-shop property platform which provides end-to-end property solutions and services for our customers, which comprises brokerage services and emerging and other services, such as home renovation and furnishing services, listing and research, mortgage referral, legal services and insurance referral services. We operate on a data-driven customer-centric business model and through our platform, we seek to provide a comprehensive suite of property solutions and services to aid our customers in every step of their property transaction journey, with the objective of making property transactions and related services simple, efficient and affordable for all.

Since the incorporation of our subsidiary, Ohmyhome (S), in 2015 and the commencement of our business operations in 2016, our platform has facilitated over 4,400 agent brokerage transactions and other property-related services and over 7,200 self-transacted online property transactions, with an aggregate GTV of over US$2.5 billion as of July 31, 2022, making us one of Singapore’s largest integrated property transactions and services platform, according to Frost & Sullivan. We operate our Ohmyhome platform in Singapore and Malaysia. Today, Ohmyhome has been ranked Singapore’s top mobile application for property listings and transactions by customer ratings and is a leading one-stop property platform for property transactions and property-related services, according to Frost & Sullivan.

Our platform appeals to and supports a growing online community and network of users looking to list and search for properties online, seeking information on their property transactions and other value-added services, through the comprehensive property-related solutions and services available on our platform. As at July 31, 2022, we have over 250,000 monthly active users on our online website and mobile application, and over 650,000 downloads of our mobile application. Our website also receives a weekly average of over 150,000 unique visitors and a weekly average of over 280,000 website visits. As at July 31, 2022, our platform contained over 20,000 active listings for residential properties for sale and rental on a monthly basis. An active listing refers to a listing where the property of the subject listing is still on the market for sale or for lease. Each listing has an expiration date of 30 days from the date of the listing and listing owners will have to renew the listing before its expiry to keep the listing active for another 30 days. In the event where a listing has reached its expiry or is indicated as sold or leased as the case may be, such listing would be removed and will no longer be searchable by the public unless a new listing has been created.

**Note: Revenue and net loss figures are for the 12 months that ended June 30, 2022.

(Note: Ohmyhome Ltd. filed its F-1 on Dec. 6, 2022, and disclosed terms for its IPO: 3.25 million shares at $4.00 to $5.00 to raise $14.63 million.) 

Industry: Property Tech Platform
Employees: 49
Founded: 2016
Contact Information
Address 11 Lorong 3 Toa Payoh, Block B #04-16/21, Jackson Square Singapore 319579
Phone Number +65 6886 9009
Web Address https://ohmyhome.com/
View Prospectus: Ohmyhome Ltd
Financial Information
Market Cap $87.75mil
Revenues $3.24 mil (last 12 months)
Net Income $-1.69 mil (last 12 months)
IPO Profile
Symbol OMH
Exchange NASDAQ
Shares (millions): 3.3
Price range $4.00 - $5.00
Est. $ Volume $14.6 mil
Manager / Joint Managers Spartan Capital Securities LLC
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change