C07812-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 6, 2023
2. SEC Identification Number
13174
3. BIR Tax Identification No.
000-108-278-000
4. Exact name of issuer as specified in its charter
DigiPlus Interactive Corp.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Ecoprime Building, 32nd Street corner Ninth Avenue, Bonifacio Global City, Taguig City Postal Code 1635
8. Issuer's telephone number, including area code
(632) 8634-5099
9. Former name or former address, 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 4,407,659,178
11. Indicate the item numbers reported herein
Item 9

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.

DigiPlus Interactive Corp.PLUS

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

DigiPlus posts over tenfold net income growth to P2.1 Billion in the first nine months of 2023.

Background/Description of the Disclosure

DigiPlus Interactive Corp. (DigiPlus), one of the fastest-growing digital entertainment groups in the country, registered a net income of ₱2.1 billion in the first nine months of the year, more than a tenfold growth from its year-ago level. This was driven by the robust performance of its digital retail gaming segment, the launch of new game offerings combined with cost efficiencies achieved as the business continues to gain scale.

Revenues in the first nine months of the year nearly tripled to ₱16.0 billion on higher user traffic in its flagship livestreaming bingo game under BingoPlus and digital sportsbetting under ArenaPlus, lifted by aggressive advertising and promotion efforts. EBITDA, on the other hand, jumped 390 percent from a year ago to ₱2.5 billion.

In the third quarter alone, net income surged 132 percent to ₱1.0 billion year-on-year, bolstered by the introduction of new digital games in both platforms. Revenues in the third quarter soared 144 percent to ₱7.0 billion. Meanwhile, EBITDA surged 123 percent to ₱1.3 billion.

Since its foray into the digital segment in January 2022, DigiPlus has accumulated a strong user base across its digital ecosystem. In September, DigiPlus launched Color Game, a livestreaming specialty game that mirrors the traditional carnival game. The Color Game is available in the BingoPlus and ArenaPlus platforms. To cater to broader demographics and lifestyle preferences, DigiPlus will launch in the coming months new and innovative game offerings, including a cards game.

“The sustained growth momentum in our BingoPlus and ArenaPlus platforms combined with the promising prospects for our new game offerings put us in a strong position to capture the opportunities around digital entertainment. We continue to be positive about our growth trajectory as we execute on our vision to harness technologies to unlock new forms of entertainment for Filipinos that can be accessed anytime and anywhere,” said DigiPlus President Andy Tsui.

Other Relevant Information

About DigiPlus Interactive Corp.
DigiPlus Interactive Corp. is one of the fastest-growing digital entertainment companies in the country, which successfully launched BingoPlus and ArenaPlus. With combined users of over 20 million, the two platforms revolutionized Filipinos’ entertainment experience by harnessing technology and innovation. DigiPlus continues to expand its product offerings to establish itself as a leading digital entertainment group in the country.


Note on forward-looking statements
The forward-looking statements in this press release are based on the beliefs of the management as well as assumptions made by and information currently available to the management. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, the rate and pace of economic recovery following economic downturns, levels of spending in business and leisure segments as well as consumer confidence. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Filed on behalf by:
Name Carol Padilla
Designation Corporate Secretary