Company: OWLS
Filing Date: 2025-09-03
Form Type: F-1
Source: 0001193125-25-195057
Chunk: 140

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-03
Form: F-1
Chunk 140
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| OwlNest’s Dollar-Based Net Retention Rate |     |                    | 102.4 | % |     |      | 107.7 | % |

OwlNest Subscribers The number of OwlNestSubscribers is defined as the total number of paid customers for OwlNestsubscription at the end of a specified period. We treat each customer account that has a corresponding contract as a unique OwlNestSubscriber, and a single organization with multiple branches may be counted as multiple OwlNestSubscribers. The number of OwlNestSubscribers increased from 2,343 as of December 31, 2023, to 2,587 as of December 31, 2024 primarily due to the growth of OwlNest’s product visibility, which enhanced our ability to onboard new customers.

|                     |     | As of December 31, |       |     |      |       |     | YoY    
 Growth |      |   |
|                     |     |               2023 |       |     | 2024 |       |     |        |      |   |
| OwlNest Subscribers |     |                    | 2,343 |     |      | 2,587 |     |        | 10.4 | % |

Our key metrics are calculated using internal company data based on the activity we measure on our platforms and compiled from multiple systems, including systems that are internally developed or acquired through business combinations. While the measurement of our key metrics is based on what we believe to be reasonable methodologies and estimates, there are inherent challenges and limitations in measuring our key metrics on a global scale. The methodologies we use to measure these metrics are subject to significant judgment. There is no guarantee that increases or decreases in our key business metrics will correspond with increases or decreases in our revenue. See “Risk Factors—Risks Related to Our Business and Industry and Our Operations—Real or perceived inaccuracies in our key business metrics may harm our reputation and negatively affect our business, and these key business metrics are subject to assumptions and limitations and may not provide an accurate indication of our future or expected results.” Key Components of Results of Operations Revenue We derived our revenue from our (i) Payment services; (ii) Hospitality services, including hospitality-related software services and hospitality-related platform services; (iii) E-commerceplatform; and (iv) Other. Total revenue grew from US$6.4 million in 2023 to US$7.6 million in 2024. During the periods