Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 146

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 146
---
 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, 2024.

E-commerce platform

External revenue from e-commerce platform service decreased from US$863,484 for the year ended December 31, 2023 to US$751,635 for the year
ended December 31, 2024, primarily due our adjustments to our product offerings on our e-commerce platform in 2024, including the temporary ceasing of fruit import business, as a result of the challenges in controlling the quality and schedule of
imported fruits.

Others

External revenue from other services decreased from US$21,097 for the year ended December 31, 2023 to US$9,041 for the year ended December 31,