Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 147

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 147
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 our payment services for the year ended December 31, 2024 is entirely from OwlPay Payment,which consisted of (i) US$4.0 million generated from payment gateway services via PayNow; and (ii) US$8,143 generated from domestic and international payout services. Hospitality services A. Hospitality-related software services External revenue from hospitality-related software services increased from US$1,146,450 for the year ended December 31, 2023, to US$1,158,366 for the year ended December 31, 2024. The change was attributed to a growth in the number of OwlNestSubscribers, which drove an increase in our external revenue from OwlNestproperty management system from US$738,158 (including US$729,202 from subscription fees and US$8,956 from commission fees) for the year ended December 31, 2023 to US$764,448 (including US$756,361 from subscription fees and US$8,087 from commission fees) for the year ended December 31, 2024. This was partly offset by a decrease in external revenue from OwlNestadd-on room fee collection services, from US$408,292 for the year ended December 31, 2023 to US$393,918 for the year ended December 31, 2024, which resulted from lower booking amounts and a decrease in the flow of funds processed by the OwlNestsystem as the consequence of an earthquake in Taiwan in April, 2024. 98

B. Hospitality-related platform services

External revenue from hospitality-related platform services decreased from US$1.9 million (including US$514,592 from OwlTing Experiences, US$65,459 from OwlJourneyand US$1,322,446 from OwlStay) for the year ended December 31, 2023 to US$1.6 million (including US$307,192 from OwlTing Experiences, US$27,183 from OwlJourneyand US$1,288,486
from OwlStay) for the year ended December 31, 2024, primarily due to a reduced amount of tourist activities in Taiwan as the consequence of an earthquake that struck Taiwan in April 2024, which along with subsequent aftershocks severely
impacted eastern Taiwan by damaging transportation routes to the region. These effects led to reduction in booking amounts and external revenue of our hospitality-related platform services for the year ended December 31,