DigiPlus contributed US$589m in taxes and regulatory fees in 2024.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Companies don’t usually issue press releases to shout about how much tax they paid, but DigiPlus Interactive Corp<\/strong> is proud of its contributions. It published a release to announce that it paid PHP33.7bn (US$589m) in taxes and regulatory fees in 2024, cementing its position as one of the largest taxpayers in the Philippines’ digital entertainment sector.<\/p>\n\n\n\n The company said the amount is comparable to the estimated cost of building 13,200 classrooms, 165 fully equipped public hospitals, or 3,500 housing units.<\/p>\n\n\n\n DigiPlus chairman\u00a0Eusebio Tanco<\/strong>\u00a0said, “Our PHP33.7bn contribution in taxes and regulatory fees is a direct investment in the country\u2019s future. These funds help build infrastructure that uplifts millions of Filipinos. As a responsible corporate citizen, we are committed to ensuring that our success translates into tangible benefits for the nation.”<\/p>\n\n\n\n The company reported that it generated over 3,000 jobs from its operations across more than 130 physical sites and its portfolio of digital entertainment products.<\/p>\n\n\n\n For full year 2024, DigiPlus reported a net income of PHP12.6bn (US$220m)<\/strong>, up 207 per cent when compared to last year. The company attributed the growth to the performance of its digital retail segment, the launch of new live-streamed games, and the continued expansion of its game portfolio across BingoPlus, ArenaPlus, SpinPlus, and GameZone.<\/p>\n\n\n\n Revenue was up 176 per cent<\/strong> in year-on-year terms to PHP75.2bn (US$1.31bn). EBITDA was up 192 per cent to PHP 13.9bn (US$243m). By the end of 2024, DigiPlus recorded over 40 million registered users<\/a> across its digital platforms.<\/p>\n\n\n