CR05469-2022

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
CS200716094
3. BIR Tax Identification No.
006-895-049-000
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
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
New Street Building, 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
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 7,266,573,061
Fixed Rate Bonds 10,000,000,000
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 Stock
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 Jun 30, 2022
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2022 Dec 31, 2021
Current Assets 28,526,804,628 21,040,270,574
Total Assets 99,258,892,550 81,863,997,709
Current Liabilities 26,780,413,174 26,883,596,965
Total Liabilities 66,661,307,036 46,753,038,709
Retained
Earnings/(Deficit)
18,247,897,433 14,297,177,227
Stockholders' Equity 32,597,585,514 35,110,959,000
Stockholders' Equity - Parent 32,597,273,014 35,110,646,500
Book Value per Share 4.49 4.67
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 8,306,367,331 6,234,545,807 16,053,879,345 11,781,348,735
Gross Expense 5,384,506,621 3,956,912,340 10,214,832,285 7,473,741,566
Non-Operating Income 63,578,902 112,151,715 89,565,253 177,867,582
Non-Operating Expense 592,673,460 130,576,641 892,025,943 263,572,764
Income/(Loss) Before Tax 2,392,766,152 2,259,208,542 5,036,586,371 4,221,901,987
Income Tax Expense 412,102,602 556,296,678 1,085,866,166 969,859,338
Net Income/(Loss) After Tax 1,980,663,550 1,702,911,864 3,950,720,206 3,252,042,649
Net Income Attributable to
Parent Equity Holder
1,980,663,550 1,702,911,864 3,950,720,206 3,252,042,649
Earnings/(Loss) Per Share
(Basic)
0.27 0.23 0.54 0.43
Earnings/(Loss) Per Share
(Diluted)
0.27 0.23 0.54 0.43
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 1.08 0.79
Earnings/(Loss) Per Share (Diluted) 1.08 0.79
Other Relevant Information

Please refer to the attachment for the full quarterly report.

Filed on behalf by:
Name Owen Kieffer Ocampo
Designation Investor Relations Director