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

Mar 31, 2021

2. SEC Identification Number

A20003008

3. BIR Tax Identification No.

205357210

4. Exact name of issuer as specified in its charter

Max’s Group, Inc.

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

3/F KDC Plaza, 2212 Chino Roces Avenue, Makati City, Metro Manila Postal Code 1230

8. Issuer's telephone number, including area code

(+632) 8424 2800

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

11th Floor Ecoplaza Building, 2305 Chino Roces Avenue Extension, 1231, Makati City

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 Shares	1,037,292,224

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, Common Shares

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.

Max's Group, Inc.MAXS

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	Mar 31, 2021
Currency (indicate units, if applicable)	PHP in thousands

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2021	Dec 31, 2020
Current Assets	2,073,736	2,667,129
Total Assets	14,341,555	15,398,340
Current Liabilities	4,824,540	5,895,198
Total Liabilities	10,266,301	11,631,844
Retained Earnings/(Deficit)	966,947	630,966
Stockholders' Equity	4,115,254	3,766,496
Stockholders' Equity - Parent	5,084,198	4,817,761
Book Value per Share	5.28	4.83

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	1,841,437	2,724,102	1,841,437	2,724,102
Gross Expense	1,880,361	2,932,166	1,880,361	2,932,166
Non-Operating Income	83,884	33,392	83,884	33,392
Non-Operating Expense	70,548	67,550	70,548	67,550
Income/(Loss) Before Tax	289,311	-242,222	289,311	-242,222
Income Tax Expense	-47,287	-72,944	-47,287	-72,944
Net Income/(Loss) After Tax	336,598	-169,278	336,598	-169,278
Net Income Attributable to Parent Equity Holder	335,981	-168,510	335,981	-168,510
Earnings/(Loss) Per Share (Basic)	0.43	-0.22	0.43	-0.22
Earnings/(Loss) Per Share (Diluted)	0.43	-0.22	0.43	-0.22

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-1.5	0.53
Earnings/(Loss) Per Share (Diluted)	-1.5	0.53

Other Relevant Information
Please see the attached SEC Form 17-Q.