Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 390

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 390
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2023. F-125

PayNow Inc. Notes to the Financial Statements (Continued) NOTE 20. Segment Information

| (a) | General information |

The Company operates and internally manages a single operating segment. This segment is mainly involved in providing payment and logistic services. The information on segment profit and loss, assets, and liabilities is consistent with the financial statements. Please refer to the Statement of Financial Position and Statement of Profit or Loss and Other Comprehensive Income for details.

| (b) | Product information |

Revenue from the external customers of the Company was as follows:

|                                                                          |     | For the four   
 months ended   
 April 30, 2023 |            |
|:-------------------------------------------------------------------------|:----|:---------------|-----------:|
| Revenues from payment gateway service                                    |     | $              | 24,860,429 |
| Revenue from logistic service                                            |     |                | 16,844,626 |
| Revenues from electronic invoicing system and other value-added services |     |                |  1,813,274 |
|                                                                          |     | $              | 43,518,349 |

| (c) | Geographic information |

Revenue from external customers and assets of the Company are mainly located in Taiwan.

| (d) | Major customers |

The major customers of the Company, which accounted for 10% or more of the total revenue for the year ended April 30, 2023, were as follows:

|        |     | For the four months ended 
 April 30, 2023            |           |     |              |       |
|:-------|:----|:--------------------------|----------:|:----|:-------------|------:|
| Client |     | Amount                    |           |     | % of revenue |       |
| EPI    |     | $                         | 7,243,469 |     |              | 15.88 |

NOTE 21. The nature of expenses

| (a) | Depreciation of property, plant and equipment |

|                                  |     | For the four   
 months ended   
 April 30, 2023 |           |
|:---------------------------------|:----|:---------------|----------:|
| Recognized in cost of revenues   |     | $              |         — |
| Recognized in operating expenses |     |                | 1,342,786 |
| Total                            |     | $              | 1,342,786 |

F-126

PayNow