CR02668-2022

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
Mar 31, 2022
2. SEC Identification Number
1177
3. BIR Tax Identification No.
000-768-480-000
4. Exact name of issuer as specified in its charter
Globe Telecom, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
27/F, The Globe Tower, 32nd Street corner 7th Avenue, Bonifacio Global City, Taguig Postal Code 1634
8. Issuer's telephone number, including area code
(02) 7797-2000
9. Former name or former address, and former fiscal year, if changed since last report
N/A
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 133,619,207
Total debt (in Php Mn) 217,741
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: GLO - Common, GLOPA - Voting Preferred, GLOPP - Non-voting Preferred
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.

Globe Telecom, Inc.GLO

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, 2022
Currency (indicate units, if applicable) Php thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2022 Dec 31, 2021
Current Assets 67,273,007 67,846,605
Total Assets 481,562,027 458,459,847
Current Liabilities 118,394,516 117,527,007
Total Liabilities 357,248,802 344,063,981
Retained
Earnings/(Deficit)
59,812,870 49,775,474
Stockholders' Equity 124,313,225 114,395,866
Stockholders' Equity - Parent 124,003,861 114,102,178
Book Value per Share 924.88 578.47
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 43,556,876 42,847,087 43,556,876 42,847,087
Gross Expense 37,799,605 35,770,827 37,799,605 35,770,827
Non-Operating Income 11,169,535 744,423 11,169,535 744,423
Non-Operating Expense 0 0 0 0
Income/(Loss) Before Tax 16,926,806 7,820,683 16,926,806 7,820,683
Income Tax Expense 3,264,754 484,173 3,264,754 484,173
Net Income/(Loss) After Tax 13,662,052 7,336,510 13,662,052 7,336,510
Net Income Attributable to
Parent Equity Holder
13,645,115 7,306,965 13,645,115 7,306,965
Earnings/(Loss) Per Share
(Basic)
101.63 53.69 101.63 53.69
Earnings/(Loss) Per Share
(Diluted)
100.99 53.38 100.99 53.38
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 221.5 140.4
Earnings/(Loss) Per Share (Diluted) 221.26 143.58
Other Relevant Information

Please refer to the attached

Filed on behalf by:
Name Jose Mari Fajardo
Designation Director