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Interim Condensed Consolidated Balance Sheets (Unaudited)
Jun. 30, 2024
USD ($)
Jun. 30, 2024
SGD ($)
Dec. 31, 2023
SGD ($)
Current assets      
Cash and cash equivalents $ 1,803,679 $ 2,444,346 $ 191,807
Accounts receivable, net 413,397 560,236 580,889
Prepayments 245,187 332,277 211,976
Other current assets, net 8,140 11,033 8,417
Total current assets 2,470,403 3,347,892 993,089
Non-current assets      
Deposits 78,889 106,911 111,275
Property and equipment, net 64,341 87,195 78,721
Deferred initial public offering ("IPO") costs 114,794
Operating lease right-of-use assets 207,000 280,526 442,280
Deposit for an acquisition 2,832,698 3,838,872 3,370,757
Intangible asset 2,118,746 2,871,324 2,977,564
Goodwill 1,633,309 2,213,460 2,213,460
Total non-current assets 6,934,983 9,398,288 9,308,851
Total assets 9,405,386 12,746,180 10,301,940
Current liabilities      
Accounts payable 256,555 347,684 449,031
Contract liabilities 66,611 90,271 103,655
Accrued liabilities and other payables 671,769 910,379 1,407,252
Bank loans, current portion 254,453 344,835 331,528
Amount due to a shareholder
Operating lease obligation 207,049 280,592 342,983
Taxes payable 119,161 161,487 86,788
Total current liabilities 1,575,598 2,135,248 2,721,237
Non-current liabilities:      
Bank loans, non-current portion 353,194 478,649 226,227
Operating lease obligation, non-current 8,205 11,119 112,708
Consideration payables 2,390,195 3,239,193 3,239,193
Total non-current liabilities 2,751,594 3,728,961 3,578,128
Total liabilities 4,327,192 5,864,209 6,299,365
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY      
Ordinary Shares, US$0.001 par value, 500,000,000 shares authorized, 19,221,384 shares issued and outstanding as of December 31, 2023, and 22,801,452 shares issued and outstanding as of June 30, 2024, respectively 22,801 30,901 25,926
Additional paid-in capital 20,475,855 27,748,879 22,522,570
Stock based compensation reserve 389,869 528,351 537,756
Accumulated other comprehensive income (71,722) (97,197) (34,099)
Accumulated deficit (15,406,761) (20,879,243) (18,601,243)
Total OHMYHOME LIMITED shareholders' equity 5,410,042 7,331,691 4,450,910
Non-controlling interests (331,848) (449,720) (448,335)
Total shareholders' equity 5,078,194 6,881,971 4,002,575
Total liabilities and shareholders' equity 9,405,386 12,746,180 10,301,940
Officer [Member]      
Current assets      
Amount due from a shareholder