Ohmyhome Limited · NASDAQ:OMH
Ohmyhome — Non-Deal Roadshow (January 2024)
49 slides from Ohmyhome's roadshow presentation, January 2024
Slide 1: Ohmyhome
Shmyhome OMH | Nasdaq Listed
Slide 2: ey S N —— eSmpenite =
ey S N —— eSmpenite = Nas daq ; »0.97% ) | a prosad Deas 178008 : \ ‘ , : \ Composigé ~ | Shmyhome plnasdag s i a) a =. 3 \ = -I fq ; ie a ms c 40.27% “ wii = 1.01%. OMH ~y4 1.31% 7 NDAQ cf0. $6269 ae [te . 8.265 HFM \—PhosMuises 40.05 $419“ —NasdagListed Pes os aaltst a a i * ter Hours $419 icro: ,
Slide 3: Forward-looking Statements
Forward-looking This presentation contains forward-looking statements that reflect our current expectations and views of future events, all of which are subject to risks and uncertainties. If used, the words "believe", "may", "will", "estimates", "continue", Statements "anticipate", "intend", "expect
Slide 4: Forward-looking Statements
Forward-looking We describe certain material risks, uncertainties, and assumptions that could affect our business, including our financial condition and results of operations in the prospectus. We base our forward-looking statements on our management’s beliefs Statements and assumptions based on info
Slide 5: A Property One-Stop-Shop
A Property One-Stop-Shop A data-driven property technology platform operating in Singapore and Malaysia Commission Revenue Agents Mortgage Referral Revenue In-House agents Partnerships with all banks Top 1% in Singapore Legal Conveyancing Ads Revenue Free Do-It-Yourself Panel of trusted law firms (DI
Slide 6: Our Story
Our Story Founded in 2016 and have since became Singapore’s largest integrated property transactions and services platform VISION To be the most trusted & comprehensive property solution for everyone MISSION To bring speed, ease and reliability to property related services © 2024 Ohmyhome Ltd. Roads
Slide 7: The real estate industry is broken. Companies don't put customers first.
The real estate 🦥 Slow and Manual industry is broken. Property transactions are slow, complex and costly in nature, with huge information asymmetry Companies don’t between buyers, sellers, and agents acting in silos, with manual processes. put customers first. 🌀 Unreliable Fake listings are…
Slide 8: There is a lack of Customer-centric One-stop Solutions
Agents Brokerages There is a lack of Customer-centric One-stop Solutions Advertising Portals Service Providers © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 9: Growing Housing Market in Southeast Asia
Growing Housing Market in Southeast Asia Fueled by the rising middle class population and the booming digital economy Internet Economy Middle Class Population Gross Transaction Values in Southeast Asia in Southeast Asia 200M 1.9× 380M $117B 9.4× $1.1 T 350M Digital Consumers in SEA in 2021 2020 2030
Slide 10: Closer to Transactions, Higher Revenue
Closer to Transactions, Higher Revenue We focus on the end customers, and specialize in end-to-end transaction services from Day 1. Closer to Transactions Other Proptech Mortgage Legal Agent Commission Pre-Transaction Insurance Post-Transaction Renovation Advertising General Property Far from Work M
Slide 11: Our Traction
Our >14,500 S$3.9 Bn >11× Traction Transactions since Gross Transaction Value Agent Efficiency inception since inception vs industry average As of June 30, 2023 7 days >73% 726,000+ In which 65% of deals are Sold above market average Downloads Globally closed on average* prices** Since inception 280
Slide 12: Key Business Overview
Key Business Overview 01 Brokerage Renovation & Other Services 02 Property Management 03 © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 13: Brokerage Services
Brokerage Services Commission Revenue Agents Mortgage Referral Revenue In-House agents Partnerships with all banks Top 1% in Singapore Legal Conveyancing Ads Revenue Free Do-It-Yourself Panel of trusted law firms (DIY) Portal Verified listings by homeowners Renovation & Home Services Free Research In-
Slide 14: Our Super Agents are
O2O Brokerage for End Customers Our Super Agents are 🤝 100% Committed as Full-time Employees 🏆 Top 1% in no. of transactions* 🗓 65% of the deals are closed in 7 days on average 🌟 Customer satisfaction based incentives 🏡 73% sold above market average prices 🤯 Low Commission Rates *Company…
Slide 15: 11X Efficiency
Transaction per Agent by Year Ohmyhome vs. Singapore Top 4 Agencies by No. of Agents 11X Efficiency per Ohmyhome Agent >11× Sources: CEA Records, Annual Reports of Traditional Agencies in SIngapore, Frost & Sullivan Research, Agent Efficiency is calculated by dividing the number of transactions by t
Slide 16: Ohmyhome transactions in comparison to US Companies
Transaction per Agent by Year Ohmyhome vs. Notable Agencies in the US Ohmyhome transactions in comparison to US Companies Sources: CEA Records, Frost & Sullivan Research, RealTrends Rankings Agent Efficiency is calculated by dividing the number of transactions by the number of agents under each agen
Slide 17: 73% Sold Above Market Avg. Prices
73% Sold Above Market Avg. Prices For the past 3 years, we achieve superior results for our sellers with an average surplus of more than SGD 50,000. Sources: https://ohmyhome.com/en-sg/property-agent-services/seller/ © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2
Slide 18: MATCH with Speed and Accuracy
MATCH with Speed and Accuracy We aggregate high quality data of qualified potential buyers, and match them against all available listings to supercharge matching success and transaction speed. Data Web Portals Mobile App Referrals Mortgage, Legal & Renovation Sources Qualified Potential Buyer Pool X A
Slide 19: New Product Launched in 2023
New Product Launched in 2023 Unique solution focusing on homeowners to help them understand and unlock their home equity value © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 20: Homer AI
Homer Al Discover the Ss ; accurate yaive ceuste ay Hito =i Homer Al
Slide 21: HomerGPT
°) pe O X Household Calculators Journey Share & Earn HomerGPT G29 | ‘YOUR PROPERTY INQUIRIES, ANSWERED. Welcome To HomerGPT Give theseatry Whatismyhomevaluation? —__Givemeinformation about selling my property. Whatare the past transactions around my home? )>
Slide 22: Renovation & Home Services
Renovation & Home Services Commission Revenue Agents Mortgage Referral Revenue In-House agents Partnerships with all banks Top 1% in Singapore Legal Conveyancing Ads Revenue Free Do-It-Yourself Panel of trusted law firms (DIY) Portal Verified listings by homeowners Renovation & Home Services Free Rese
Slide 23: Renovation
Renovation We offer premium renovation service as the main contractor to help customers realise their dream homes. 🗓 100% on-time delivery Strict control on the design, quality, cost and timeline 📈 Strong Deal Flow From brokerage transactions and thousands of newly acquired units under management…
Slide 24: Property Management
Property Management Commission Revenue Agents Mortgage Referral Revenue In-House agents Partnerships with all banks Top 1% in Singapore Legal Conveyancing Ads Revenue Free Do-It-Yourself Panel of trusted law firms (DIY) Portal Verified listings by homeowners Renovation & Home Services Free Research In
Slide 25: Acquisition of Simply Sakal
Acquisition of Simply Sakal On Oct 6, 2023, we acquired 100% of equity interest of Simply Sakal Pte. Ltd. (“Simply”), a tech-enabled property management company in Singapore Simply Offers Mobile-based property management services: 🏢 >5,800 units under management within 3 years from inception with…
Slide 26: +58% Revenue Growth as Property SaaS
+58% Revenue Growth as Property “SaaS” Simply Sakal Profit and Loss Summary 2022 ● Units under management +56% CAGR from 2,962 to 4,648 units +58% ● Revenue +58% to S$2.6million (recurring) H1 2023 ● Units under management +26% to 5,839 units ● Net Income -S$0.4 mil mainly due to investment into prop
Slide 27: Synergies from the Acquisition: Potential Revenue Synergies
Synergies from the Acquisition 1. Potential Revenue Synergies ● 5,839 private condominium units under management +57% CAGR from 2021 ● ~2−4× Higher revenue per transaction for condos ● ~2× Higher contract value per renovation project for condos ● Recurring revenue Non-cyclical and with a growing sup
Slide 28: Synergies from the Acquisition: Increased Service Offerings
Synergies from the Acquisition 2. Increased Service Offerings and Competitiveness ● New customer segment that are captive audiences to market Ohmyhome’s brokerage and renovation services ● Increased competitiveness of our acquired property management business Condo Fun Events Across all of our condo
Slide 29: Synergies from the Acquisition: Potential Cost Synergies
Synergies from the Acquisition 3. Potential Cost Synergies ● Combination of back office functions ● Rental savings from office space consolidation ● Lowered cost of customer acquisition in the private condominium market © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved Januar
Slide 30: Financial Highlights
Financial Highlights Ohmyhome 46% CAGR historical revenue growth of Profit and Loss Summary from 2020−2022 (Actual and Pro-forma) H1 2023: short-term disruptions R CAG 46% ○ Short-term revenue disruption from government cooling measures leading to pipeline delays for transactions and on renovation ○
Slide 31: Strengthened Balance Sheet
Strengthened Balance Sheet Ohmyhome Balance Sheet Summary (Actual and Pro-forma) Improvement of balance sheet health due to IPO and loan repayment ● Assets increased to 3.5× ● Liabilities reduced by 61% ● No warrants or convertibles SGD Million © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors A
Slide 32: Key Developments in H2 2023
Launch of HomerAI Key A unique homeowner focused application to capture homesellers earlier in their journey. As of December 2023, we have achieved more than Developments 10,000 homes connected with verified homeowners. in H2 2023 HomerGPT in Q4 2023 Ability to answer questions 24/7, improve user eng
Slide 33: Near-term Growth Drivers and Strategies
Near-term Growth Drivers and Strategies Organic growth of brokerage and renovation business (Historically 46% CAGR) ● Expected market recovery from short-term cooling measures and a positive outlook from stabilizing interest rates Property Management - New significant revenue stream (Historically 58%
Slide 34: Long-term Growth Strategies
Long-term Growth 🌎 Increase Market Share in existing markets and expand our Strategies geographies 🤝 Acquire companies whose offerings accelerates our growth 🌟 Increase service offerings and become a property SuperApp © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved…
Slide 35: Path to Greater Heights
Path to Greater Heights Leading One-Stop-Shop Property Platform From Day 1, our goal has been to become the most comprehensive and trusted property services platform for everyone. 2023 - 2025 With the strong foundations of an excellent service Increase Market Share, Acquire Companies, and technology
Slide 36: Board & Management Team
Board & Rhonda Wong Race Wong Management Team Independent Director Chairman of the Board of Directors Chair of Audit Committee Chairman of Centurion Corporation (SGX: OU8) Member, Compensation committee Director of Several Private Companies Member, Nomination Committee CEO, Watchbox Asia (Luxury Wat
Slide 37: HomerAI Signup QR Code
HomerAI Signup QR Code Scan to register and try it out! © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 38: Thank you.
Thank you. For more information, kindly visit: www.ohmyhome.com ir.ohmyhome.com Email: ir@ohmyhome.com
Slide 39: Key Competitive Advantages
Key Competitive Advantages Real Estate Portals/ 1,100+ agencies Classifieds Main Revenue ~10% of commissions split 100% of commissions, Advertising credits, Streams from agents Renovation, Property management agent subscription Varies, typically around > 14,500 deals Experience 5 deals per year per a
Slide 40: US Market Exploration - Oct 2023
US Market Exploration - Oct 2023 Partnership with eMediaLinks: ● eMediaLinks is the exclusive partner with House.sina North America and ● North America Division of Weibo (largest mandarin-speaking social media community with 599 million MAUs) ● Exclusive Partner for Singapore, Malaysia and the Phili
Slide 41: Newly Launched US Website
Newly Launched US Website` You can access via ● Ohmyhome page ● the US Site ● or scan the QR code below: © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 42: Ohmyhome x eMediaLinks
Ohmyhome x eMediaLinks Explore Potential of the US Market Ohmyhome customers can now browse and buy properties in America, it also enables us to explore the potential of the US market. There are more than 4,500 U.S. companies registered in Singapore and the US is the largest foreign investor in…
Slide 43: Hosting of Hawaii State Housing Delegation
Hosting of Hawaii State Housing Delegation We recently hosted Sen Stanley Chang and a U.S. delegation of 20 at our Singapore Office on September 22, 2023. The delegation was centered around gaining insights into Ohmyhome as a business and Singapore's housing market: 1. HDB flats vs. Resale HDB flats 2
Slide 44: Appendix
Appendix Selected Press Coverages in 2023
Slide 45: Gold House expanded to Asia for the first time
Gold House expanded to Asia for the first time, marking their debut at Singapore’s Grand Prix 2023. Gold House unites the Asian Pacific community around common causes, invest capital and resources into passionate creators and companies. Senator Stanley Chang (Left) with Rhonda and Race Wong, Co-foun
Slide 46: CNA Leadership Summit 2023
CNA Leadership Summit 2023 © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 47: CNA Leadership Summit 2023
CNA Leadership Summit 2023 © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 48: News Coverage in Malaysia
News Coverage in Malaysia © 2024 Ohmyhome Ltd. Roadshow Deck Made for Investors All rights reserved January 2024 Do not distribute
Slide 49: Thank you
Thank you Ohmyhome Limited 11 Lorong 3 Toa Payoh, Block B #04−16/21, Jackson Square, Singapore 319579 ir@ohmyhome.com