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, 2025

2. SEC Identification Number

A199908874

3. BIR Tax Identification No.

202955796

4. Exact name of issuer as specified in its charter

DFNN, INC.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

L2-L5 14TH Floor Philippine Stock Exchange Tower 5TH Avenue corner 28TH Street Bonifacio Global City Postal Code 1634

8. Issuer's telephone number, including area code

(02) 8396-5270

9. Former name or former address, and former fiscal year, if changed since last report

Not Applicable

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	384,277,008

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, INC.

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.

DFNN, Inc.DFNN

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, 2025
Currency (indicate units, if applicable)	PHP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2025	Dec 31, 2024
Current Assets	707,227,859	966,604,571
Total Assets	1,444,645,929	1,734,252,623
Current Liabilities	1,527,843,676	1,730,915,298
Total Liabilities	1,847,799,510	2,007,463,914
Retained Earnings/(Deficit)	-1,009,547,530	-916,459,940
Stockholders' Equity	-403,153,581	-273,211,291
Stockholders' Equity - Parent	-362,134,265	-225,932,008
Book Value per Share	-1.05	-0.71

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	109,353,963	172,391,815	109,353,963	172,391,815
Gross Expense	209,802,508	273,332,638	209,802,508	273,332,638
Non-Operating Income	4,987,113	3,818,671	4,987,113	3,818,671
Non-Operating Expense	43,925,524	40,109,096	43,925,524	40,109,096
Income/(Loss) Before Tax	-100,448,545	-100,940,824	-100,448,545	-100,940,824
Income Tax Expense	-661,778	-1,076,947	-661,778	-1,076,947
Net Income/(Loss) After Tax	-99,786,767	-99,863,877	-99,786,767	-99,863,877
Net Income Attributable to Parent Equity Holder	-93,087,594	-95,189,632	-93,087,594	-95,189,632
Earnings/(Loss) Per Share (Basic)	-0.24	-0.29	-0.24	-0.29
Earnings/(Loss) Per Share (Diluted)	-0.24	-0.29	-0.24	-0.29

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-1.85	-0.98
Earnings/(Loss) Per Share (Diluted)	-1.85	-0.98

Other Relevant Information
None