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, 2020

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, TAGUIG CITY PHILIPPINES Postal Code 1634

8. Issuer's telephone number, including area code

(632) 818-0973

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

3F BONIFACIO TECHNOLOGY CENTER, 31ST ST. COR. 2ND AVENUE, BONIFACIO GLOBAL CITY TAGUIG CITY 1634

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	324,620,008

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:

THE 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, 2020
Currency (indicate units, if applicable)	PHP

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2020	Dec 31, 2019
Current Assets	961,818,850	1,412,602,669
Total Assets	1,675,375,325	2,219,851,367
Current Liabilities	336,402,568	815,910,695
Total Liabilities	722,112,622	1,200,966,913
Retained Earnings/(Deficit)	91,327,661	91,327,661
Stockholders' Equity	953,262,703	1,018,884,454
Stockholders' Equity - Parent	857,323,755	919,646,525
Book Value per Share	2.94	3.14

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	269,808,581	308,291,954	269,808,581	308,291,954
Gross Expense	266,604,917	286,620,155	266,604,917	286,620,155
Non-Operating Income	-18,185,016	6,907,356	-18,185,016	6,907,356
Non-Operating Expense	5,742,165	2,747,200	5,742,165	2,747,200
Income/(Loss) Before Tax	-23,469,838	21,671,799	-23,469,838	21,671,799
Income Tax Expense	-1,358,398	1,127,418	-1,358,398	1,127,418
Net Income/(Loss) After Tax	-22,111,440	20,544,381	-22,111,440	20,544,381
Net Income Attributable to Parent Equity Holder	-18,993,039	18,407,357	-18,993,039	18,407,357
Earnings/(Loss) Per Share (Basic)	-0.06	0.06	-0.06	0.06
Earnings/(Loss) Per Share (Diluted)	-0.06	0.06	-0.06	0.06

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0.41	0.13
Earnings/(Loss) Per Share (Diluted)	-0.39	0.13

Other Relevant Information
NONE