CR05506-2022

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
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 133,941,497
Total Debt 240,045
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 Jun 30, 2022
Currency (indicate units, if applicable) Php thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2022 Dec 31, 2021
Current Assets 65,788,537 67,846,605
Total Assets 505,200,101 458,459,847
Current Liabilities 146,403,523 117,527,007
Total Liabilities 379,510,716 344,063,981
Retained
Earnings/(Deficit)
61,378,602 49,775,474
Stockholders' Equity 125,689,385 114,395,866
Stockholders' Equity - Parent 125,364,079 114,102,178
Book Value per Share 932.93 850.66
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 43,764,991 41,562,664 87,321,867 84,616,503
Gross Expense 36,913,699 34,037,095 74,713,304 70,014,674
Non-Operating Income 945,350 100,401 12,114,885 851,574
Non-Operating Expense 0 6,750 0 0
Income/(Loss) Before Tax 7,796,642 7,632,720 24,723,448 15,453,403
Income Tax Expense 1,777,308 1,930,925 5,042,062 2,415,098
Net Income/(Loss) After Tax 6,019,334 5,701,795 19,681,386 13,038,305
Net Income Attributable to
Parent Equity Holder
6,006,428 5,680,285 19,651,543 12,987,250
Earnings/(Loss) Per Share
(Basic)
39.65 41.44 141.23 95.06
Earnings/(Loss) Per Share
(Diluted)
39.53 41.26 140.66 94.61
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 219.23 146.02
Earnings/(Loss) Per Share (Diluted) 218.43 149.29
Other Relevant Information

Amended to correct the presentation of home broadband subscribers

Filed on behalf by:
Name Jose Mari Fajardo
Designation Director