CR03588-2025

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
CS201627300
3. BIR Tax Identification No.
009-468-103
4. Exact name of issuer as specified in its charter
SP New Energy Corporation
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Rockwell Business Center, Ortigas Avenue, Barangay Ugong, Pasig City, Philippines Postal Code 1604
8. Issuer's telephone number, including area code
(0917) 560 7351
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 50,073,050,000
Preferred "B" 19,404,202,552
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:
The Philippine Stock Exchange, Inc. ("PSE"); common shares
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.

SP New Energy CorporationSPNEC

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 20,947,901,945 6,642,423,601
Total Assets 121,650,424,047 91,367,157,782
Current Liabilities 7,285,409,407 10,042,122,255
Total Liabilities 46,330,827,314 25,346,374,815
Retained
Earnings/(Deficit)
3,820,724,507 3,942,292,359
Stockholders' Equity 75,319,596,730 66,020,782,966
Stockholders' Equity - Parent 65,737,478,433 62,677,856,869
Book Value per Share 1.5 1.31
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 335,604,683 344,389,138 335,604,683 344,389,138
Gross Expense -244,246,750 -218,178,063 -244,246,750 -218,178,063
Non-Operating Income 78,719,903 98,641,215 78,719,903 98,641,215
Non-Operating Expense -118,044,136 -68,174,859 -118,044,136 -68,174,859
Income/(Loss) Before Tax 52,033,700 156,677,431 52,033,700 156,677,431
Income Tax Expense -64,426,555 0 -64,426,555 0
Net Income/(Loss) After Tax -12,392,855 156,677,431 -12,392,855 156,677,431
Net Income Attributable to
Parent Equity Holder
-121,567,855 47,502,431 -121,567,855 47,502,431
Earnings/(Loss) Per Share
(Basic)
-0 0 -0 0
Earnings/(Loss) Per Share
(Diluted)
-0 0 -0 0
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0.03 0.01
Earnings/(Loss) Per Share (Diluted) -0.03 0.01
Other Relevant Information

Please refer to the attached SEC Form 17-Q

Filed on behalf by:
Name Arrenz Joseph Magnabihon
Designation Head, Investor Relations and Corporate Communications