Revenue contracted by 48% year-over-year to $3.3M in 2025Q4, while gross margins compressed to 28.2%, reflecting significant sensitivity to regional real estate market headwinds.
| Sales/Revenue | 12.24M | 10.89M | 5M | 7.03M | 4.38M | 3.34M |
| Revenue Growth % | 12.45% | 117.53% | -28.77% | 60.34% | 31.24% | - |
| Cost of Goods Sold | 8.33M | 6.48M | 3.28M | 4.71M | 2M | 1.97M |
| COGS % of Revenue | 68.07% | 59.52% | 65.64% | 67.02% | 45.54% | 58.92% |
| Gross Profit | 3.91M | 4.41M | 1.72M | 2.32M | 2.39M | 1.37M |
| Gross Margin % | 31.93% | 40.48% | 34.36% | 32.98% | 54.46% | 41.08% |
| Gross Profit Growth % | -11.29% | 156.23% | -25.78% | -2.9% | 73.97% | - |
| Operating Expenses | 8.42M | 8.79M | 7.06M | 5.3M | 4.24M | 3.45M |
| OpEx % of Revenue | 68.78% | 80.74% | 141.12% | 75.44% | 96.71% | 103.28% |
| Selling, General & Admin | 7.33M | 6.45M | 5.82M | 3.78M | 3.02M | 2.14M |
| SG&A % of Revenue | 59.89% | 59.27% | 116.39% | 53.81% | 68.89% | 64.14% |
| Research & Development | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Operating Income | -4.51M | -4.38M | -5.34M | -3.23M | -2.34M | -2.64M |
| Operating Margin % | -36.85% | -40.26% | -106.76% | -45.99% | -53.5% | -79.15% |
| Operating Income Growth % | -2.92% | 17.97% | -65.35% | -37.85% | 11.3% | - |
| EBITDA | -3.59M | -3.39M | -4.86M | -2.91M | -2.1M | -2.31M |
| EBITDA Margin % | -29.31% | -31.12% | -97.06% | -41.39% | -48.04% | -69.28% |
| EBITDA Growth % | -5.89% | 30.25% | -67.03% | -38.15% | 9% | - |
| D&A (Non-Cash Add-back) | 923.24K | 994.78K | 485.69K | 323.41K | 239.19K | 329.62K |
| EBIT | -9.22M | -4.32M | -5.48M | -3.03M | -1.84M | -2.07M |
| Net Interest Income | -13.46K | 37.54K | 74.33K | -35.17K | -39.66K | -22.74K |
| Interest Income | 2.22K | 76.05K | 106.02K | 3.98K | 10.26K | 7.62K |
| Interest Expense | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - |
| Pretax Income | -9.24M | -4.36M | -5.52M | -3.07M | -1.89M | -2.1M |
| Pretax Margin % | -75.45% | -40.07% | -110.23% | -43.75% | -43.21% | -62.83% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -9.2M | -4.34M | -5.47M | -3.05M | -1.82M | -1.94M |
| Net Margin % | -75.16% | -39.83% | -109.3% | -43.46% | -41.65% | -58.02% |
| Net Income Growth % | -112.22% | 20.74% | -79.16% | -67.31% | 5.8% | - |
| Net Income (Continuing) | -9.24M | -4.36M | -5.52M | -3.07M | -1.89M | -2.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -510.63K | -475.14K | -448.33K | -401.84K | -380.8K | -312.33K |
| EPS (Diluted) | -0.36 | -0.20 | -0.28 | -0.16 | -0.11 | -0.12 |
| EPS Growth % | -80% | 28.57% | -75% | -45.45% | 8.33% | - |
| EPS (Basic) | -0.36 | -0.20 | -0.28 | -0.16 | -0.11 | -0.12 |
| Diluted Shares Outstanding | 25.66M | 21.86M | 19.27M | 19.05M | 16.25M | 16.25M |
| Basic Shares Outstanding | 25.66M | 21.87M | 19.27M | 19.05M | 16.25M | 16.25M |
| Dividend Payout Ratio | - | - | - | - | - | - |
Liquidity and cash exhaustion
As reported in recent financial filings, OMH experienced a significant revenue decline to $3.3M in 2025Q4, representing a 48% year-over-year contraction that highlights the extreme sensitivity of the firm's transactional brokerage model to cooling activity within the Singaporean housing market and broader regional economic pressures.
The sharp drop in quarterly revenue suggests that the company's reliance on transaction-based fees leaves it highly exposed to cyclical downturns. Investors should monitor whether this decline reflects a structural loss of market share or merely a temporary pause in property turnover, as the current trajectory complicates the firm's ability to achieve necessary scale.
Based on the company's latest income statement, gross margins compressed to 28.2% in 2025Q4, a notable deterioration from historical peaks, which underscores the difficulty of maintaining service profitability when transaction volumes fail to cover the fixed costs inherent in the firm's full-stack brokerage service model.
The inability to sustain gross margins above 30% suggests that OMH faces significant pricing pressure or rising fulfillment costs for its ancillary services. This margin profile appears inconsistent with a high-growth technology platform, indicating that the business remains fundamentally tethered to the labor-intensive realities of traditional real estate brokerage.
According to recent SEC filings, OMH's operating margin plummeted to -51.5% in 2025Q4, demonstrating that the company has yet to achieve the operating leverage required to scale its platform, as administrative and marketing expenses continue to significantly outpace the gross profit generated by its core brokerage operations.
The persistent gap between revenue generation and operating expenses suggests that the current cost structure is misaligned with the company's actual transaction volume. Without a substantial increase in revenue density, the firm may continue to struggle with negative operating leverage, effectively trapping it in a cycle of high overhead relative to its output.
Based on the provided financial data, the company's net loss of $4.2M in 2025Q4 against a cash position of only $4.5M warrants serious investigation, as the current burn rate suggests that OMH may face a liquidity crisis within the next few quarters without immediate external capital intervention.
Short-sellers would likely focus on the widening net margin of -127.1%, which indicates that the company is losing more than a dollar for every dollar of revenue earned. This level of inefficiency raises questions about the viability of the 'super-app' strategy and whether the firm can survive long enough to reach a sustainable operational inflection point.
Quick answers to the most common questions about buying OMH stock.
For fiscal year 2025, Ohmyhome Limited (OMH) reported total revenue of $12.2M. This represents a 266.7% increase compared to $3.3M in 2020.
Ohmyhome Limited (OMH) reported a net loss of $9.2M for the fiscal year ending 2025.
Ohmyhome Limited (OMH) reported an operating income of $-4.5M, resulting in an operating profit margin of -36.8%. This margin reflects the operational efficiency of the business before interest and taxes.
Ohmyhome Limited (OMH) generated $3.9M in gross profit for the year, representing a gross profit margin of 31.9%. This demonstrates the company's core pricing power and production efficiency.