Ohmyhome (OMH) H1 2025 earnings summary

Executive summary

• Revenue for the first half of 2025 reached S$6.7 million (US$5.2 million), a 49% increase year-over-year, driven by strong growth in Property Management and Emerging and Other Services.

• Net loss for 1H 2025 was S$2.4 million (US$1.7 million), or US$0.07 per diluted share, with EBITDA loss margin narrowing from -44% to -29%.

• Cash and cash equivalents increased to S$6.3 million (US$4.9 million) as of June 30, 2025.

Financial highlights

• Gross profit rose 25% year-over-year; brokerage gross margin held at 49%, property management margin improved to 31%, while emerging and other services margin declined to 21%.

• Total assets grew 14% to S$12.3 million (US$9.6 million); total liabilities decreased by 5% to S$4.3 million (US$3.3 million).

• Net cash provided by financing activities was S$6.0 million (US$4.7 million) in 1H 2025.

Outlook and guidance

• Management believes current cash reserves and financing options are sufficient for the next 12 months, but notes uncertainty regarding future financing availability and market conditions.