Company: OWLS
Filing Date: 2025-09-03
Form Type: F-1
Source: 0001193125-25-195057
Chunk: 143

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-03
Form: F-1
Chunk 143
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|                            |     | US$’000                         |       |     | % of  
 total |       |     | US$’000 |       |     | % of  
 total |       |
| Marketing and sales        |     |                                 | 2,456 |     |       |  30.5 |     |         | 2,120 |     |       |  21.4 |
| General and administrative |     |                                 | 3,361 |     |       |  41.8 |     |         | 5,232 |     |       |  52.7 |
| Research and development   |     |                                 | 2,231 |     |       |  27.7 |     |         | 2,571 |     |       |  25.9 |
| Total                      |     |                                 | 8,048 |     |       | 100.0 |     |         | 9,923 |     |       | 100.0 |

Marketing and sales Our marketing and sales expenses mainly consist of personnel-related expenses for employee salaries and allowance, employee benefits, and performance bonus for employees engaged in sales and marketing, consultancy fees and advertising expenses. We plan to continue investing in sales and marketing to expand our customer base, focusing on both customer acquisition and retention, while also enhancing brand awareness. Consequently, we anticipate that marketing and sales expenses will increase in absolute terms. However, in the long term, we expect these expenses to decrease as a percentage of revenue as we achieve greater scale and operational efficiencies. General and administrative Our general and administrative expenses primarily consist of legal and professional service fees, license application fee, depreciation and amortization expenses, and other operation-related expenses. We expect that our general and administrative expenses as a percentage of revenue will decrease over the long term as we expand our revenue streams and achieve greater operational scale. However, in the near term, we expect to incur additional expenses as a result of operating as a public company, including expenses to comply with the rules and regulations applicable to companies listed on a national securities exchange, expenses related to compliance and reporting obligations pursuant to the rules and regulations of the SEC, as well as higher expenses for general and director and officer insurance, investor relations and professional services, and expect that our administrative and other operating expenses will increase in absolute dollar terms as we improve various office infrastructure and operate as a public company. Research and development Our research and