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

Sep 30, 2020

2. SEC Identification Number

CS200716094

3. BIR Tax Identification No.

006-895-049

4. Exact name of issuer as specified in its charter

Converge Information and Communications Technology Solutions, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Republic of the Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

New Street Bldg., Mc. Arthur Highway, Balibago, Angeles City, Pampanga Postal Code 2009

8. Issuer's telephone number, including area code

(02) 8667-0888

9. Former name or former address, and former fiscal year, 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 stock, P0.25 par value (as of October 26, 2020)	7,526,294,461

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:

PSE, common

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.

Converge Information and Communications Technology Solutions, Inc.CNVRG

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	Sep 30, 2020
Currency (indicate units, if applicable)	Philippine Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2020	Dec 31, 2019
Current Assets	14,700,633,046	10,853,501,328
Total Assets	46,529,716,698	31,159,486,407
Current Liabilities	15,781,008,962	10,160,493,848
Total Liabilities	27,888,306,843	18,991,707,174
Retained Earnings/(Deficit)	5,941,385,825	4,014,215,854
Stockholders' Equity	18,641,409,856	12,167,779,233
Stockholders' Equity - Parent	18,641,097,356	12,167,466,733
Book Value per Share	145.04	94.89

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	4,187,346,180	2,451,311,838	10,677,289,360	6,393,690,035
Gross Expense	2,786,943,846	1,695,872,618	7,206,035,217	4,461,841,545
Non-Operating Income	51,582,535	13,361,948	125,373,915	0
Non-Operating Expense	106,927,314	85,399,551	454,229,568	235,189,768
Income/(Loss) Before Tax	1,345,057,555	683,401,617	3,142,398,490	1,696,658,722
Income Tax Expense	413,588,986	173,961,325	952,228,521	362,505,117
Net Income/(Loss) After Tax	931,468,569	509,440,292	2,190,169,969	1,334,153,605
Net Income Attributable to Parent Equity Holder	931,468,569	521,924,710	2,190,169,969	1,389,439,950
Earnings/(Loss) Per Share (Basic)	5.29	3.35	12.43	8.93
Earnings/(Loss) Per Share (Diluted)	5.29	3.35	12.43	8.93

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	15.67	10.94
Earnings/(Loss) Per Share (Diluted)	15.67	10.94

Other Relevant Information
Please see attached 3Q Report with the aging of AR receivables duly incorporated ***Please note that the figures reported under Previous Year (Trailing 12 months) were derived by averaging the 2018 Audited Net Income plus the September 2019 YTD net income, as the Company did not have quarterly reports prior to 2019.