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Consolidated Balance Sheets
Dec. 31, 2024
USD ($)
Dec. 31, 2024
SGD ($)
Dec. 31, 2023
SGD ($)
Dec. 31, 2022
SGD ($)
Current assets        
Cash and cash equivalents $ 838,698 $ 1,145,829 $ 191,807 $ 301,433
Accounts receivable, net 376,355 514,176 580,889 243,716
Prepayments 193,704 264,638 211,976 51,774
Other current assets, net 20,835 28,465 8,417 6,613
Total current assets 1,429,592 1,953,108 993,089 603,536
Non-current assets        
Deposits 83,941 114,680 111,275 98,719
Property and equipment, net 46,628 63,703 78,721 35,362
Deferred initial public offering (“IPO”) costs 114,794 676,321
Operating lease right-of-use assets 78,932 107,836 442,280 754,852
Deposit for an acquisition 2,869,949 3,920,925 3,370,757
Intangible assets 1,772,442 2,421,510 2,977,564
Goodwill 1,620,158 2,213,460 2,213,460
Total non-current assets 6,472,050 8,842,114 9,308,851 1,565,254
Total assets 7,901,642 10,795,222 10,301,940 2,168,790
Current liabilities        
Accounts payable 251,498 343,597 449,031 67,730
Contract liabilities 103,655 194,300
Accrued liabilities and other payables 944,769 1,290,742 1,407,252 229,195
Bank loans, current portion 174,588 238,521 331,528 305,965
Amount due to a shareholder 2,290,044
Operating lease obligation 88,865 121,407 342,983 319,255
Taxes payable 81,324 111,105 86,788 25,101
Total current liabilities 1,541,044 2,105,372 2,721,237 3,431,590
Non-current liabilities:        
Bank loans, non-current portion 303,702 414,918 226,227 475,737
Operating lease obligation, non-current (0) 112,708 444,571
Consideration payables 1,446,050 1,975,593 3,239,193
Total non-current liabilities 1,749,752 2,390,511 3,578,128 920,308
Total liabilities 3,290,796 4,495,883 6,299,365 4,351,898
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ (DEFICIT)/EQUITY        
Ordinary Shares, US$0.001 par value, 500,000,000 shares authorized, 16,250,000 shares issued and outstanding as of December 31, 2022, 19,221,384 shares issued and outstanding as of December 31, 2023, and 23,590,308 shares issued and outstanding as of December 31, 2024, respectively 23,590 32,229 25,926 21,970
Additional paid-in capital 21,259,545 29,044,790 22,522,570 11,292,123
Stock based compensation reserve 393,614 537,756 537,756
Accumulated other comprehensive income 70,572 96,416 (34,099) 36,153
Accumulated deficit (16,788,694) (22,936,714) (18,601,243) (13,131,513)
Total OHMYHOME LIMITED shareholders’ (deficit)/equity 4,958,627 6,774,477 4,450,910 (1,781,267)
Non-controlling interests (347,781) (475,138) (448,335) (401,841)
Total shareholders’ (deficit)/equity 4,610,846 6,299,339 4,002,575 (2,183,108)
Total liabilities and shareholders’ equity $ 7,901,642 $ 10,795,222 $ 10,301,940 $ 2,168,790