DigiPlus Q1 Profit at P2.8 Billion, Down 33% - BusinessWorld Online
The company said weaker user activity and e-wallet delinking cut transaction flows, while EBITDA fell 42% to P2.6 billion.
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DigiPlus Q1 profit at P2.8 billion, down 33% - BusinessWorld Online
LISTED digital entertainment company DigiPlus Interactive Corp. said its attributable net income declined 33% to P2.8 billion for the first quarter (Q1), as revenues fell 25% to P17.2 billion following the delinking of e-wallet access from licensed online gaming platforms. Earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped 42% to P2.6 billion, the company said in a statement on Tuesday. Compared with the fourth quar…
DigiPlus Q1 net income drops 33% to P2.8B
MANILA, Philippines — DigiPlus Interactive Corp. reported a first-quarter net income of P2.8 billion, down 33 percent, amid weaker user activity and softer consumer sentiment. The digital entertainment platform said Tuesday that the decline was due to the delinking of e-wallet in-app access to licensed online gaming platforms, which dampened transaction flows. READ: DigiPlus seeks safer
DigiPlus profit falls 33% as e-wallet restrictions impact Q1
DigiPlus Interactive Corp reported a sharp drop in earnings for Q1 2026, as tighter controls on online gaming payment channels reduced user access and spending. Net income fell 32.9% year-on-year to PHP2.82 billion ($45.9 million) for the three months ending 31 March. The company posted a 25.2% decline in revenue to PHP17.24 billion ($281.2 million), while EBITDA dropped 42.5% to PHP2.64 billion ($43.0 million). According to DigiPlus, the leadin…
DigiPlus revenue and income down in 1Q26 on delinking of e-wallets, global fuel crisis
DigiPlus Interactive Corp has reported a 33% year-on-year decline in net income to Php2.8 billion (US$45.6 million) on a 25% fall in total revenues to Php17.2 billion (US$28.1 million) in 1Q26, with the company citing the delinking of in-app access to licensed online gaming platforms from e-wallets for the challenging environment. It also pointed to “tempered consumer sentiment” from the ongoing global fuel crisis. EBITDA contracted 42% to Php2.…
DigiPlus posts 33% profit drop in 1Q26 as regulatory shift and fuel crisis weigh
DigiPlus reports 33 percent profit drop in 1Q26 as e-wallet restrictions and weaker consumer sentiment linked to a global fuel crisis weigh on earnings. The post DigiPlus posts 33% profit drop in 1Q26 as regulatory shift and fuel crisis weigh first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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