Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 132

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 132
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3(1)         | For the year ended December 31, |     | 2023(1)         | For the nine months ended September 30, |     | 2024            |       |     |     |    YoY 
 Growth |   |
|:---------------------|:----|:----------------|--------------------------------:|:----|:----------------|----------------------------------------:|:----|:----------------|------:|:----|:----|-------:|:--|
|                      |     | US$ in millions |                                 |     | US$ in millions |                                         |     | US$ in millions |       |     |     |        |   |
| Gross Payment Volume |     |                 |                           142.0 |     |                 |                                    76.1 |     |                 | 155.6 |     |     |  104.5 | % |

Notes:

| (1) | The payment services were launched in 2023 with the acquisition of PayNow in May 2023. |

Active Accounts An Active Account is defined as an account registered on our payment platforms that has completed at least one transaction on our payment platforms within the past 12 months. A unique individual or business user may register on our platforms to access different services and may register more than one account to access a service. Accordingly, a single unique user may have more than one Active Account. However, as we expect OwlPay Wallet Proto integrate into our OwlPayplatform, a unique user that has registered on both OwlPay Wallet Proand OwlPayis counted only once across both platforms for the purpose of determining Active Accounts, in order tomaintain consistency in this metric after the integration completes. The number of Active Accounts provides management with additional perspective on the overall scale of users using our payment products and services. As of September 30, 2024, the number of Active Accounts grew by 5.0% compared to the number of Active Accounts as of September 30, 2023, as we leveraged our customer base in hospitality and develop different customer segments, while decreasing slightly by 1.2% compared to the number of Active Accounts as of December 31, 2023, as our commercial adjustments in service terms affected the willingness of a few customers to continue using the services. Substantially all of the Active Accounts as of December 31, 2023 and September 30, 2024 came from our payment gateway services enabled by our acquisition of PayNow in May