v3.26.1
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations [Abstract]  
Schedule of Discontinued Operations

The results of discontinued operations of Ohmyhome BVI for the six months ended June 30, 2026 and 2025 are as follows:

 

    For the Six Months Ended June 30,  
    2025     2026     2026  
    SGD     SGD     USD  
Revenues     6,654,671       5,587,022       4,316,636  
Cost of revenues     (4,563,601 )     (2,039,259 )     (1,575,569 )
Gross profit     2,091,070       3,547,763       2,741,067  
Operating expenses     (3,904,379 )     (4,457,703 )     (3,444,103 )
Loss from discontinued operations     (1,813,309 )     (909,940 )     (703,036 )
Other income (loss), net     (427,847 )     (349,069 )     (269,699 )
Loss before tax     (2,241,156 )     (1,259,009 )     (972,735 )
Income tax benefit     -       -       -  
Net loss from discontinued operations     (2,241,156 )     (1,259,009 )     (972,735 )

 

Assets and liabilities of the discontinued operations of Ohmyhome BVI as of December 31, 2025 were as follows

 

    December 31,
2025		  
    SGD  
ASSETS      
Current assets      
Cash and cash equivalents     439,268  
Accounts receivable, net     621,949  
Prepayments     388,027  
Other current assets, net     50,732  
Total current assets of discontinued operations     1,499,976  
         
Non-current assets        
Deposits     106,447  
Property and equipment, net     64,908  
Other Receivables     130,356  
Intangible asset     1,837,351  
Goodwill     916,472  
Total non-current assets of discontinued operations     3,055,534  
         
Total assets of discontinued operations     4,555,510  
         
LIABILITIES AND SHAREHOLDERS        
Current liabilities        
Accounts payable     871,442  
Contract liabilities     24,386  
Amount due to a consolidated entity     19,019,173  
Accrued liabilities and other payables     3,311,369  
Bank loans, current portion     3,867  
Operating lease obligation     10,424  
Taxes payable     148,928  
Total current liabilities of discontinued operations     23,389,589  
         
Non-current liabilities:        
Total non-current liabilities of discontinued operations     -  
         
Total liabilities of discontinued operations     23,389,589