CR05521-2022

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Jun 30, 2022
2. SEC Identification Number
39121
3. BIR Tax Identification No.
000-141-527-000
4. Exact name of issuer as specified in its charter
PhilWeb Corporation
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
41st Floor, One San Miguel Avenue Condominium, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig City, Philippines Postal Code 1605
8. Issuer's telephone number, including area code
632-82365577
9. Former name or former address, and former fiscal year, if changed since last report
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10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common 1,435,776,680
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PhilWeb CorporationWEB

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Jun 30, 2022
Currency (indicate units, if applicable) Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2022 Dec 31, 2021
Current Assets 196,807,799 172,099,029
Total Assets 1,267,320,266 1,267,758,793
Current Liabilities 464,276,567 485,731,597
Total Liabilities 650,503,264 668,573,846
Retained
Earnings/(Deficit)
821,895,994 804,263,939
Stockholders' Equity 616,817,002 599,184,947
Stockholders' Equity - Parent 616,817,002 599,184,947
Book Value per Share 0.48 0.47
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 203,501,516 96,802,967 385,174,375 234,739,084
Gross Expense 181,463,033 126,976,813 348,709,510 248,446,157
Non-Operating Income 183,652 9,326 188,873 21,675
Non-Operating Expense 4,490,456 4,626,974 8,811,093 9,320,585
Income/(Loss) Before Tax 17,731,679 -34,791,494 27,842,645 -23,005,983
Income Tax Expense 5,681,763 -4,916,791 10,210,590 -285,902
Net Income/(Loss) After Tax 12,049,916 -29,874,703 17,632,055 -22,720,081
Net Income Attributable to
Parent Equity Holder
12,049,916 -29,874,703 17,632,055 -22,720,081
Earnings/(Loss) Per Share
(Basic)
-0.04 -0.02 -0.04 -0.01
Earnings/(Loss) Per Share
(Diluted)
-0.04 -0.02 -0.04 -0.01
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0 -0.03
Earnings/(Loss) Per Share (Diluted) -0 -0.03
Other Relevant Information

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Filed on behalf by:
Name Raymund Aquino
Designation VP Legal/Corporate Secretary