$Ohmyhome (OMH.US)$ NEWS Ohmyhome Reports Robust Performance...
NEWS
Ohmyhome Reports Robust Performance in the First Quarter of 2024, Anticipates Over 110% y-o-y Revenue Growth in First Half of the Year
Ohmyhome (OMH) reports a robust performance in the first quarter of 2024, with significant growth in brokerage, renovation, and property management segments. The company anticipates over 110% year-over-year revenue growth in the first half of the year, driven by increased transaction volume and Gross Transaction Value (GTV). Technological innovations, including the HomerAI mobile app, have played a key role in enhancing customer engagement and user growth.
Significant growth across brokerage, renovation, and property management segments
60% increase in transaction volume driving 90% GTV growth
Brokerage segment benefited from tech investments, enhancing user experience
Renovation segment witnessed increased projects, bolstering market share
Property Management segment achieved approximately SGD 4 million in ARR
Anticipated revenue for the first half of 2024 expected to reach SGD 4.6 to 4.8 million, marking over 110% growth compared to the same period in 2023
HomerAI mobile app connecting over 15,800 homes with a GMV of approximately SGD 15 billion
60% increase in transaction volume driving 90% GTV growth
Brokerage segment benefited from tech investments, enhancing user experience
Renovation segment witnessed increased projects, bolstering market share
Property Management segment achieved approximately SGD 4 million in ARR
Anticipated revenue for the first half of 2024 expected to reach SGD 4.6 to 4.8 million, marking over 110% growth compared to the same period in 2023
HomerAI mobile app connecting over 15,800 homes with a GMV of approximately SGD 15 billion
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
629Followers
74Following
4026Visitors
Follow
shasteve ng : stubborn resistance to shoot up?