CR05687-2024

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, 2024
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, 2024
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2024 Dec 31, 2023
Current Assets 26,024,448,243 22,154,959,048
Total Assets 104,635,447,490 101,145,025,566
Current Liabilities 24,995,278,969 23,917,926,922
Total Liabilities 54,078,526,171 55,899,337,230
Retained
Earnings/(Deficit)
36,127,324,907 30,833,317,171
Stockholders' Equity 50,556,921,319 45,245,688,336
Stockholders' Equity - Parent 50,556,608,819 45,245,375,836
Book Value per Share 6.96 6.23
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 9,979,435,193 8,720,384,246 19,519,006,565 17,362,050,907
Gross Expense 6,182,480,850 5,374,655,161 12,047,955,122 10,453,074,858
Non-Operating Income 264,928,988 11,710,860 510,846,563 144,446,225
Non-Operating Expense 482,733,621 601,373,383 979,104,561 1,422,863,650
Income/(Loss) Before Tax 3,579,149,709 2,756,066,562 7,002,793,446 5,630,558,624
Income Tax Expense 836,875,190 643,335,670 1,708,785,710 1,345,692,147
Net Income/(Loss) After Tax 2,742,274,519 2,112,730,892 5,294,007,736 4,284,866,477
Net Income Attributable to
Parent Equity Holder
2,742,274,519 2,112,730,892 5,294,007,736 4,284,866,477
Earnings/(Loss) Per Share
(Basic)
0.38 0.29 0.72 0.59
Earnings/(Loss) Per Share
(Diluted)
0.38 0.29 0.72 0.59
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 1.39 1.07
Earnings/(Loss) Per Share (Diluted) 1.39 1.07
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