DigiPlus Interactive Corp. reported a 33% decline in net income to P2.8 billion in the first quarter of 2026, citing the impact of a central bank order requiring the delinking of e-wallet access from online gaming platforms.
The company said the change, along with weaker consumer sentiment linked to the global fuel crisis, weighed on user activity and transaction flows.
Total revenues fell 25% year-on-year to P17.2 billion, while EBITDA dropped 42% to P2.6 billion. On a quarter-on-quarter basis, revenues were nearly flat from P17.3 billion in the fourth quarter of 2025.
Net income, however, rose 15% from the previous quarter, supported by derivative gains from its investment in International Entertainment Corporation’s convertible bonds. EBITDA declined 15% quarter-on-quarter due to higher non-recurring manpower expenses.
“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 P5.4 billion in taxes and regulatory fees during the quarter.
As of end-March, the company reported cash and cash equivalents of P20.5 billion, with total debt at P745.8 million and a debt-to-equity ratio of 0.02.
The firm said operating cash flows helped replenish its cash position after paying about P6 billion as the first tranche of its subscription to convertible bonds issued by International Entertainment Corporation.
Separately, DigiPlus said its sportsbook platform ArenaPlus signed a multi-year deal with the National Basketball Association as an official betting partner in the Philippines.
The partnership was announced on April 11 at the Mall of Asia Music Hall and features NBA branding integrated into the platform.
The company also disclosed an exclusive partnership signed on March 25 with boxing icon Manny Pacquiao for co-branded games and payment integration through MannyPay.
DigiPlus added that it topped the Philippines Growth Champions 2026 ranking by research firm Statista, citing a compound annual growth rate of 199.29% from 2021 to 2024.
