Digiplus posted a net income of PHP8.75bn (US$).<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0DigiPlus Interactive Corp\u00a0has shared its financial results for the first nine months of the year. Net income was PHP8.85bn (US$159.3m)<\/strong>, up 314 per cent\u00a0when\u00a0compared to last year. The company attributed the growth to the performance of its digital retail segment combined with the introduction of new product offerings and cost efficiencies.<\/p>\n\n\n\n Revenue was up 223 per cent in year-on-year terms to PHP15.98bn (US$287.64m).\u00a0EBITDA was up 271 per cent to PHP9.34bn (US$168.12m). <\/p>\n\n\n\n For the third quarter, DigiPlus posted a net income of PHP3.52bn (US$63.36m), up 247 per cent in year-on-year terms. Revenue was up 171 per cent year-on-year to PHP19bn (US$342m), mainly due to higher user traffic and new game offerings. EBITDA rose 206 per cent year-on-year to PHP3.83bn (US$68.94m).<\/p>\n\n\n\n Eusebio Tanco<\/strong>, DigiPlus chairman, said: “As DigiPlus increasingly reaches steady-state growth coming from exponential expansion since our digital pivot in 2022, we intend to cement our market leadership through focused research and development efforts to strategically develop culturally relevant games that resonate with Filipino audiences.”<\/p>\n\n\n\n In September, DigiPlus launched Pinoy Drop Ball<\/strong>, the first live-streamed dropball in the country. It also introduced Super Ace Jackpot<\/strong>, a new electronic gaming product. <\/p>\n\n\n\n The company said: “Pinoy Drop Ball and Super Ace Jackpot are quickly rising as fan favourites and expected to drive significant revenue growth for DigiPlus in the coming months, as they capture the thrill and loyalty of Filipino players. With 24\/7 mobile access, PAGCOR licensing, and international gaming laboratory certifications, DigiPlus is redefining Filipino entertainment with these latest product offerings, delivering thrilling and fair gaming right in the palm of players\u2019 hands.”<\/p>\n","protected":false},"excerpt":{"rendered":" Digiplus posted a net income of PHP8.75bn (US$).<\/p>\n","protected":false},"author":176,"featured_media":777013377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"DigiPlus Interactive Corp reported robust financial performance for the first nine months, with net income surging 314% to PHP8.85bn and revenue increasing 223% to PHP15.98bn. This significant growth is attributed to its digital retail segment, strategic new product launches like Pinoy Drop Ball and Super Ace Jackpot, and enhanced operational efficiencies. The company aims to solidify its market leadership in the Philippines through targeted R&D for culturally relevant gaming verticals.","focusai_entities":"DigiPlus Interactive Corp, Eusebio Tanco, PAGCOR","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), product_ux (0.9), tech_data (0.7), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Future R&D Investment?","query":"What specific capital allocation strategies are planned for the stated R&D efforts to develop culturally relevant games, and what is the projected ROI timeline for these new gaming verticals?"},{"label":"Market Share Impact?","query":"Given the exponential growth and new product success, what is DigiPlus's current estimated market share within the Philippine iGaming sector, and what are the projections for further consolidation?"}],"footnotes":""},"categories":[163,16333],"tags":[24370],"class_list":["post-777020458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-digiplus"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777020458"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020458\/revisions"}],"predecessor-version":[{"id":777020466,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020458\/revisions\/777020466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013377"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777020458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777020458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777020458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}New products Pinoy Drop Ball and Super Ace Jackpot drive DigiPlus revenue growth<\/h2>\n\n\n\n