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

A200117708

3. BIR Tax Identification No.

219-934-330-000

4. Exact name of issuer as specified in its charter

Xurpas Inc.

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Unit 804 Antel 2000 Corporate Center, 121 Valero St., Salcedo Village, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 8889-6467

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 Shares	2,509,683,812

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:

A total of 1,797,700,660 common shares are listed in the Philippine Stock Exchange as of December 31, 2024.

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.

Xurpas Inc.X

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	148,842,443	111,448,774
Total Assets	440,888,650	426,425,694
Current Liabilities	521,988,248	498,838,249
Total Liabilities	552,398,706	528,150,541
Retained Earnings/(Deficit)	-3,470,529,144	-3,483,605,247
Stockholders' Equity	-111,510,056	-101,724,847
Stockholders' Equity - Parent	43,110,004	53,550,089
Book Value per Share	-0.04	-0.04

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	42,395,050	35,334,707	42,395,050	35,334,707
Gross Expense	53,714,040	55,185,020	53,714,040	55,185,020
Non-Operating Income	3,069,502	-5,363,072	3,069,502	-5,363,072
Non-Operating Expense	880,352	924,924	880,352	924,924
Income/(Loss) Before Tax	-9,129,840	-26,138,309	-9,129,840	-26,138,309
Income Tax Expense	297,003	222,151	297,003	222,151
Net Income/(Loss) After Tax	-9,426,843	-26,360,460	-9,426,843	-26,360,460
Net Income Attributable to Parent Equity Holder	-10,081,719	-25,906,067	-10,081,719	-25,906,067
Earnings/(Loss) Per Share (Basic)	-0	-0.01	-0	-0.01
Earnings/(Loss) Per Share (Diluted)	-0	-0.01	-0	-0.01

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0.05	-0.05
Earnings/(Loss) Per Share (Diluted)	-0.05	-0.05

Other Relevant Information
Please see attached Quarterly Report.