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$281 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 Php2.6 billion (US$42.3 million).
DigiPlus explained, however, that revenues dipped only slightly compared to the December quarter while net income actually improved by 15%, primarily driven by derivative gains related to the investment in International Entertainment Corporation’s convertible bonds.
“Our first quarter performance reflects the softness following the delinking of licensed gaming platforms from e-wallet access points, which has affected user activity and transaction flows,” said DigiPlus Chairman Eusebio H. Tanco. “Nonetheless, our fundamentals remain intact and we remain confident in the long-term growth trajectory of the business as we adapt our payments ecosystem, strengthen player engagement and continue to lead with responsible, innovative digital entertainment.”
DigiPlus said it paid Php5.4 billion (US$87.9 million) in taxes and regulatory fees in the first quarter as part of its commitment to contributing its fair share to government revenues and supporting programs and institutions that strengthen economic resilience, expand public services and advance inclusive growth.
The March 2026 quarter saw the company achieve a series of key milestones, including its sports betting arm ArenaPlus securing an industry-first deal with the NBA as official betting partner and securing an exclusive partnership with Filipino boxing legend Manny Pacquiao for co-branded games and a payment gateway.
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