Ohmyhome Reports Strong Q1 Growth in 2024
Company Announcements

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.

For further insights into OMH stock, check out TipRanks’ Stock Analysis page.

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