Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 191

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 191
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1 million.
Upon the consummation of Business Combination, the post-combination entity has expensed more as a listed company, with a significant increase
in the office rental and operating fees increased were primarily attributed to the office and administrative expenses pay to the holding
company for the use of office premises in Trust Tower and Hopewell Centre, including building management fees, government rates and rent,
office rent, lease-related interest, and depreciation actually incurred by the holding company, with the increased occupancy from business
expansion.

Loss from Operations

Loss from operations increased by US$15.5 million,
or 54.65%, for the year ended December 31, 2023, as compared to the year ended December 31, 2022. The increase was mainly attributable
to the increase in operating expenses of US$38.6 million.

Other Income (Expense), net

Interest Income

Interest income increased by US$0.3 million
for the year ended December 31, 2023.

Foreign Exchange Gain (Loss), net

Foreign exchange gain (loss), net mainly represented
the unrealized net foreign exchange gain (loss) from the translation of long-term investments which are mostly denominated in Sterling.
The net foreign exchange gain increased by US$3.6 million or 134.39% for the year ended December 31, 2023, as compared to the net
foreign exchange loss for the year ended December 31, 2022, due to the stronger Sterling exchange rate.

Investment (Loss) Income, Net

|                                                         |     | Years ended December 31, 
 2023                     |         |   |     | 2022 |        |   |     | Variance |        |   |     |   |         |   |
|:--------------------------------------------------------|:----|:-------------------------|--------:|:--|:----|:-----|-------:|:--|:----|:---------|-------:|:--|:----|:--|--------:|:--|
|                                                         |     | -US$ in thousands        |         |   |     |      |        |   |     | $        |        |   |     | % |         |   |
| Unrealized loss in marketable equity securities         |     | $                        |       — |   |     | $    | (5,331 | ) |     |          | (5,331 | ) |     |   | (100