v3.25.1
Segment Information
 12 Months Ended
Dec. 31, 2024
Segment Information [Abstract]  
Segment information

43.    Segment information

a)      General information

The Group is primarily engaged in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform and production of audio-visual programs.

b)      Measurement of segment information

The Group’s reportable segments are strategic business units which provide different products and services. The accounting policies adopted by the operating segments are the same as the accounting policies described in Note 4 aa).

c)      Information about segment profit or loss, and assets

The segment information provided to the chief operating decision maker for the reportable segments is as follows:

 

Year ended
December 31,
2022
   

TNL Group
(Note 1)

Revenue

  

$

20,009,994

 

Cost of revenue

  

$

(12,268,798

)

Operating profit (loss)

  

$

(3,416,684

)

Depreciation and Amortization

  

$

(1,491,654

)

Interest income

  

$

10,994

 

Interest expense

  

$

(137,029

)

Purchase of property, plant and equipment

  

$

52,481

 

Segment asset

  

$

26,534,165

 
 

Year ended December 31, 2023
   

TNL Group
(Note 1)

  

MG Group
(Note 3)

  

Total

Segment revenue

  

$

20,708,223

 

  

$

15,130,557

 

  

$

35,838,780

 

Inter-segment revenue

  

 

—

 

  

 

—

 

  

 

—

 

Revenue from external customers

  

$

20,708,223

 

  

$

15,130,557

 

  

$

35,838,780

 

Cost of revenue

  

$

(12,515,830

)

  

$

(10,671,566

)

  

$

(23,187,396

)

Operating profit (loss)

  

$

(7,331,667

)

  

$

(63,944

)

  

$

(7,395,611

)

Depreciation and Amortization

  

$

(1,646,899

)

  

$

(1,188,658

)

  

$

(2,835,557

)

Impairment loss

  

$

—

 

  

$

(298,424

)

  

$

(298,424

)

Interest income

  

$

18,131

 

  

$

1,209

 

  

$

19,340

 

Interest expense

  

$

(239,216

)

  

$

(59,742

)

  

$

(298,958

)

Purchase of property, plant and equipment

  

$

76,767

 

  

$

23,330

 

  

$

100,097

 

Segment asset

  

$

53,508,676

 

  

$

66,107,591

 

  

$

119,616,267

 
 

Year ended December 31, 2024
   

TNL Group
(Note 2)

  

MG Group
(Note 3)

  

Total

Segment revenue

  

$

24,636,622

 

  

$

23,868,682

 

  

$

48,505,304

 

Inter-segment revenue

  

 

—

 

  

 

(11,407

)

  

 

(11,407

)

Revenue from external customers

  

$

24,636,622

 

  

$

23,857,275

 

  

$

48,493,897

 

Cost of revenue

  

$

(14,001,472

)

  

$

(16,753,868

)

  

$

(30,755,340

)

Operating profit (loss)

  

$

(51,174,681

)

  

$

(25,169,521

)

  

$

(76,344,202

)

Depreciation and Amortization

  

$

(1,609,824

)

  

$

(1,630,744

)

  

$

(3,240,568

)

Impairment loss

  

$

(3,500,910

)

  

$

(25,525,140

)

  

$

(29,026,050

)

Listing expenses

  

$

(38,160,746

)

  

 

—

 

  

$

(38,160,746

)

Interest income

  

$

20,695

 

  

$

1,078

 

  

$

21,773

 

Interest expense

  

$

(8,063,217

)

  

$

(104,655

)

  

$

(8,167,872

)

Purchase of property, plant and equipment

  

$

60,419

 

  

$

21,540

 

  

$

81,959

 

Segment asset

  

$

53,627,184

 

  

$

39,287,893

 

  

$

92,915,077

 

Note 1:    TNL Group includes The News Lens Co., Ltd and all its subsidiaries, Inside Co., Ltd, The News Lens Hong Kong Ltd. and TNL MG.

Note 2:    TNL Group includes The News Lens Co., Ltd and all its subsidiaries, Inside Co., Ltd, The News Lens Hong Kong Ltd., Green Quest holding Inc., Dragon Marketing Inc. and Bule Ocean Acquisition Corp.

Note 3:    The Company acquired 100% of MG Group (including TNL Mediagene Inc., Mediagene Inc. and INFOBAHN Inc.) on May 25, 2023, please refer to Note 32 for details.

d)      Reconciliation for segment income (loss)

Revenue from external customers and segment income (loss) reported to the chief operating decision maker are measured using the same method as for revenue and operating profit in the financial statements. Thus, no reconciliation is needed.

e)      Information on products and services

Please refer to Note 22 for the disclosure by products and services.

f)      Geographical information

Geographical information for each of the December 31, 2022, 2023 and 2024 is as follows:

 

Year ended
December 31, 2022

  

Year ended
December 31, 2023

  

Year ended
December 31, 2024
   

Revenue

  

Non-current
assets (Note)

  

Revenue

  

Non-current
assets (Note)

  

Revenue

  

Non-current
assets (Note)

Taiwan

  

$

19,995,068

  

$

15,287,534

  

$

20,683,925

  

$

13,699,720

  

$

24,636,622

  

$

13,338,197

Japan

  

 

14,926

  

 

—

  

 

15,154,855

  

 

87,968,155

  

 

23,857,275

  

 

60,602,248
   

$

20,009,994

  

$

15,287,534

  

$

35,838,780

  

$

101,667,875

  

$

48,493,897

  

$

73,940,445

Note:       Excluding financial assets at fair value through profit or loss, financials assets at fair value through other comprehensive income, financial assets at amortized costs and deferred tax assets.

g)      Major customer information

The information on the major customers which constituted more than 10% of the Group’s total revenue for the years ended December 31, 2022, 2023 and 2024 is as follows:

 

Year ended December 31,
   

2022

  

2023

  

2024
   

Amount

  

%

  

Amount

  

%

  

Amount

  

%

Customers

  

 

        

 

        

 

      

Customer A

  

$

3,750,144

  

19

  

$

1,307,996

  

4

  

$

571,059

  

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