Ohmyhome Reports Robust Performance in the First Quarter of 2024, Anticipates Over 110% y-o-y Revenue Growth in First Half of the Year

First Quarter of 2024 saw Ohmyhome's significant growth as compared to the First Quarter of the previous year.

Our Brokerage segment saw robust performance, benefiting from tech investments from prior years enhancing our user experience and operational efficiency.

Our Renovation segment witnessed an increase in office and residential projects, bolstering market share through creative and cost-effective solutions.

Our Property Management segment displayed promising growth through successful IoT solutions and the expansion of projects under management, achieving approximately SGD 4 million in Annual Recurring Revenue (ARR) as at the end of the First Quarter of 2024.

Our anticipated revenue for the First Half of 2024 is expected to reach SGD 4.6 to 4.8 million (approximately USD 3.4 to 3.6 million), marking over 110% growth compared to the First Half of 2023.