Company: NUTR
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001641172-25-000122
Chunk: 14

Company: NUSATRIP Inc
Filing Date: 2025-03-21
Form: S-1
Chunk 14
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, and ensures compliance with regulations. By working with our GDS suppliers, we source inventory from multiple countries, consolidators and airlines to find the cheapest fares for our corporate and retail customers. In addition, we continuously upgrade our technology platform to meet the challenges of data privacy head on. Because we have been financially supported by our Nasdaq-listed parent company, SOPA, NusaTrip historically has had the financial backing to continuously re-invest in our marketing and technology platforms. After the IPO, we expect to obtain any funds needed in excess of the amounts generated by our operating activities, and/or through the capital markets or bank financing, and not from Society Pass.

The NusaTrip revenue model is four-fold: the agency model, the merchant model, the advertising model and hotel technology software services.

| ● | Agency                                                                                                                            
 Model. Under the agency model, leveraging our NusaTrip.com website, NusaTrip mobile application, and VLeisure.com website,        
 NusaTrip facilitates travel bookings and act as the agent in the transaction, passing reservations booked by the traveler to the  
 relevant travel provider. We receive commissions or ticketing fees from the travel supplier and/or traveler. We record revenue on 
 air transactions when the traveler books the transaction, as we do not typically provide significant post booking services to the 
 traveler and payments due to and from air carriers are typically due at the time of ticketing. Additionally, we generally record  
 agency revenue from the hotel when the stayed night occurs as we provide post booking services to the traveler and, thus consider 
 the stay as when our performance obligation is satisfied;                                                                         |

| ● | Merchant                                                                                                                             
 Model. Under the merchant model, we facilitate the booking of hotel rooms, alternative accommodations, airline seats, car            
 rentals and destination services from our airline, hotel and travel suppliers. As such, NusaTrip acts as the merchant of record for  
 such bookings. For example, we provide travelers access to book hotel room reservations through our contracts with lodging partners, 
 which provide us with rates and availability information for rooms but for which we have no control over the rooms and do not bear   
 inventory risk. Our travelers pay us for merchant hotel transactions prior to departing on their trip, generally when they book the  
 reservation. The majority of our merchant transactions relate to lodging bookings; and                                               |

| ● | Advertising                                                                                                                       
 Model. Under the advertising model, we offer travel and non-travel advertisers access to a potential source of incremental        
 traffic and transactions through our various media and advertising