XML 20 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Consolidated Balance Sheets
Dec. 31, 2023
USD ($)
Dec. 31, 2023
SGD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
SGD ($)
Dec. 31, 2021
SGD ($)
Dec. 31, 2020
SGD ($)
Current assets            
Cash and cash equivalents $ 145,386 $ 191,807   $ 301,433 $ 1,220,931  
Accounts receivable, net 440,301 580,889   243,716 133,394  
Prepayments 160,673 211,976   51,774 61,814  
Other current assets, net 6,380 8,417   6,613 4,287  
Total current assets 752,740 993,089   603,536 2,291,154  
Non-current assets            
Deposits 84,344 111,275   98,719 75,622  
Property and equipment, net 59,669 78,721   35,362 49,987  
Deferred initial public offering (“IPO”) costs 87,012 114,794   676,321  
Operating lease right-of-use assets 335,239 442,280   754,852 77,790  
Deposit for an acquisition   3,370,757    
Intangible asset 2,256,927 2,977,564
Goodwill 1,677,753 2,213,460
Total non-current assets 7,055,903 9,308,851   1,565,254 203,399  
Total assets 7,808,643 10,301,940   2,168,790 2,494,553  
Current liabilities            
Accounts payable 340,355 449,031   67,730 97,488  
Contract liabilities 78,568 103,655   194,300 78,340  
Accrued liabilities and other payables 1,066,667 1,407,252   229,195 217,298  
Bank loans, current portion 251,291 331,528   305,965 299,543  
Amount due to a shareholder   2,290,044  
Operating lease obligation 259,974 342,983   319,255 79,140  
Taxes payable 65,783 86,788   25,101 67,347  
Total current liabilities 2,062,638 2,721,237   3,431,590 839,156  
Non-current liabilities:            
Bank loans, non-current portion 171,475 226,227   475,737 790,620  
Operating lease obligation, non-current 85,430 112,708   444,571  
Consideration payables 2,455,236 3,239,193    
Total non-current liabilities 2,712,141 3,578,128   920,308 790,620  
Total liabilities 4,774,779 6,299,365   4,351,898 1,629,776  
COMMITMENTS AND CONTINGENCIES    
SHAREHOLDERS’ EQUITY (DEFICIT)            
Ordinary Shares, US$0.001 par value, 500,000,000 shares authorized, 16,250,000 shares issued and outstanding as of December 31, 2021 and 2022 and 19,221,384 shares issued and outstanding as of December 31, 2023, respectively 19,221 25,926   21,970 21,970  
Additional paid-in capital 17,072,037 22,522,570   11,292,123 11,292,123  
Stock based compensation reserve 407,607 537,756    
Accumulated other comprehensive income (25,846) (34,099)   36,153 9,997  
Accumulated deficit (14,099,327) (18,601,243)   (13,131,513) (10,078,513)  
Total OHMYHOME LIMITED shareholders’ equity (deficit) 3,373,692 4,450,910   (1,781,267) 1,245,577  
Non-controlling interests (339,828) (448,335)   (401,841) (380,800)  
Total shareholders’ equity (deficit) 3,033,864 4,002,575   (2,183,108) 864,777 $ (1,957,828)
Total liabilities and shareholders’ equity 7,808,643 10,301,940   2,168,790 2,494,553  
Officer [Member]            
Current assets            
Amount due from a shareholder   $ 870,728  
Related Party [Member]            
Non-current assets            
Deposit for an acquisition $ 2,554,959