SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

May 15, 2018

2. SEC Identification Number

A199908874

3. BIR Tax Identification No.

202955796

4. Exact name of issuer as specified in its charter

DFNN, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

3F Bonifacio Technology Center, 31st St. cor. 2nd Ave., Bonifacio Global City, Taguig Postal Code 1634

8. Issuer's telephone number, including area code

02-8180973

9. Former name or former address, if changed since last report

NA

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	324,620,008

11. Indicate the item numbers reported herein

None

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.

DFNN, Inc.DFNN

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
DFNN First Quarter 2018 Financial Performance
Background/Description of the Disclosure
Publicly listed I.T. firm, DFNN Inc. (PSE: DFNN) (“DFNN” or the “Company”) reported today its financial results for the first quarter of 2018. DFNN disclosed revenues of Php 289.4 million, an 8.7 percent increase from the Php 266.3 million earned in the first three months of 2017. EBIDTA rose strongly to Php 74.1 million, a 26.2 percent improvement from the Php 58.7 million posted in the same period last year. The rise is primarily attributed to the expanded revenue from commission fees from platform affiliates and software service fee income. Commission income increased by 5.0 percent year-on-year, while service income attributable to software maintenance services climbed by 152.6 percent. At the end of the first quarter of 2018, DFNN has deployed over 6,000 electronic gaming machines in over 200 affiliated sites nationwide. DFNN CEO, Calvin Lim states, “The sustained performance of the Company is reflective of our long-term strategy of strengthening our core businesses while achieving the next vertical growth. The increase in costs is due to depreciation and is also in line with our continuous expansion plans from the last year. Moving forward, we intend to focus on improving operational efficiencies and ensuring overall synergy across the Group.”
Other Relevant Information
For inquiries, contact: Miren E. Cueto +63917 723 6225 Investor Relations & Communications Officer