Philippines-listed licensed online gaming operator DigiPlus Interactive Corp said its fourth-quarter net income “moderated 36 percent year-on-year” to PHP2.5 billion (US$41.9 million).
Total revenues for the three months to December 31 reached PHP17.3 billion, down 27 percent from the prior-year period, according to a Tuesday filing to the Philippine Stock Exchange.
DigiPlus stated that its fourth-quarter earnings before interest, taxation, depreciation, and amortisation (EBITDA) fell by 32 percent from a year ago, to PHP3.1 billion.
On a quarter-on-quarter basis, revenues declined 9 percent from PHP19.1 billion in the third quarter, “which reflected only partial impact from the regulatory adjustment,” the company stated.
“Net income increased 43 percent quarter-on-quarter from PHP1.7 billion, while EBITDA rose by 52 percent from PHP2.0 billion, supported by improved cost management and operational calibration,” the firm added.
In the Philippines, DigiPlus runs BingoPlus, described as the country’s first government-approved online bingo platform. It also operates ArenaPlus, a sportsbook, and GameZone, a platform for casual and arcade gaming. One of the group’s other units operates casino slot arcades in the country.
DigiPlus said previously that the group’s performance had been affected due to the “impact of tighter regulation” for the country’s online gaming industry.
In August, amid higher scrutiny of the gaming sector, the Philippines’ central bank ordered the delinking of online gambling platforms from electronic wallets (e-wallets).
DigiPlus’ net income stood at PHP12.6 billion in full-year 2025, “flat” from the prior year, according to unaudited consolidated financial statements, per Tuesday’s announcement.
“The company’s full-year performance reflects resilience amid an evolving regulatory and competitive landscape, supported by disciplined execution in its retail games segment and targeted operational initiatives,” the company stated.
Total revenues for the year rose 12 percent year-on-year to PHP84.2 billion, “as strong performance in the first half of the year offset the temporary moderation in activity following the third-quarter delinking of e-wallet in-app access to licensed online gaming platforms”.
Full-year 2025 EBITDA stood at PHP14.2 billion, up 2 percent from the previous year.
Dividend in mid-April
In Tuesday’s update, DigiPlus declared a cash dividend amounting to PHP3.8 billion, which it said was “equivalent to 30 percent of full-year 2025 consolidated net income attributable to shareholders,” or PHP0.83 per share. The dividends will be paid on or before April 15, 2026.
The company ended 2025 with PHP23.4 billion in cash and cash equivalents, “while debt remained minimal at PHP745.8 million”.
DigiPlus said that in 2025 it remitted PHP34.6 billion in taxes and regulatory fees, “underscoring its role as a major contributor to government revenues that help fund essential public services, infrastructure investments, and broader national development priorities”.
Eusebio Tanco, DigiPlus’ chairman, said in prepared remarks: “Despite a challenging and evolving industry landscape, DigiPlus delivered a resilient performance in 2025, reflecting the strength of our platforms, disciplined execution, and the trust of our users.”
He added: “As we look ahead, we remain optimistic about our growth trajectory and are confident in our ability to continue innovating responsibly while creating long-term value.”
The firm also said it was “well-positioned” to navigate a regulatory transition environment in the Philippines. DigiPlus is currently in the process of acquiring HKD1.60 billion (US$204.1 million) in convertible notes issued by Hong Kong-listed International Entertainment Corp.
Once fully converted, the notes would give DigiPlus a 53.89 percent stake in International Entertainment based on the enlarged share capital, according to previous filings.
The deal will provide DigiPlus a foothold in the Philippines’ land-based casino sector as International Entertainment controls the New Coast Hotel Manila. The complex has a provisional casino gaming licence from the Philippine Amusement and Gaming Corp (Pagcor).
International Entertainment said recently that it was aiming for a “grand reopening” in July of the New Coast Hotel Manila.
