Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 145

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 145
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 SAFE Agreements entered into by the Company in the years of 2022 and 2023
had been either converted into Class A Common Shares or cashed out.

Loss on Extension of Preference Share Liabilities

Our loss on extension of preference share liabilities primarily represents changes in the carrying amount of preference shares liabilities.

Other Losses

Our other losses primarily consist of the disposal costs of computer software and impairment loss.

Other Income

Our
other income primarily consists of subsidies from the local government and some one-time events. We do not expect material subsidies from the local government in the foreseeable future.

Finance Costs

Our
finance costs primarily consist of interest expenses on lease liabilities, interest expenses on trade financing and non-discretionary dividends of preference shares liabilities.

Income Tax Benefit

Our income tax benefit primarily consists of income taxes in the jurisdictions in which we do business. These jurisdictions have different
statutory tax rates. Accordingly, our effective tax rate will vary depending on the relative proportion of income derived in each jurisdiction, use of tax credits, changes in the valuation of our deferred tax assets, and liabilities and changes in
respective tax laws.

96

Result of Operations The following table sets forth a summary of our consolidated results of operations for the periods indicated, both in absolute amounts and as percentages of our revenues. This information should be read together with our consolidated financial statements and related notes included elsewhere in this prospectus.

|                                                                                                    |     | For the year ended December 31, |   2023 |   |     |       |        |   |     |         |    2024 |   |     |       |        |   |     |        |          |   |
|:---------------------------------------------------------------------------------------------------|:----|:--------------------------------|-------:|:--|:----|:------|-------:|:--|:----|:--------|--------:|:--|:----|:------|-------:|:--|:----|:-------|---------:|:--|
|                                                                                                    |     | US$’000                         |        |   |     | % of  
 total |        |   |     | US$’000 |         |   |     | % of  
 total |        |   |     | % of   
 change |          |   |
| Revenue                                                                                            |     |                                 |  6,399 |   |     |       |  100.0 |   |     |         |   7,570 |   |     |       |