DigiPlus Interactive the pioneer and leading digital entertainment provider behind BingoPlus, ArenaPlus, and GameZone, reported a net income of ₱2.8 billion for the first quarter of 2026, declining 33 percent year-on-year.

The decline was primarily attributed to the delinking of e-wallet in-app access to licensed online gaming platforms combined with tempered consumer sentiment from the ongoing global fuel crisis.

Total revenues for the quarter dropped 25 percent to ₱17.2 billion from the same period last year, while EBITDA contracted 42 percent to ₱2.6 billion.

On a quarter-on-quarter basis, revenues only slightly dipped from ₱17.3 billion in the fourth quarter of 2025. Net income, on the other hand, increased 15 percent, primarily driven by derivative gains related to the investment in International Entertainment Corporation’s convertible bonds. Meanwhile, EBITDA slid 15 percent owing to higher non-recurring manpower-related expenses.

“Our first quarter performance reflects the softness following the delinking of licensed gaming platforms from e-wallet access points, which has affected user activity and transaction flows,” DigiPlus Chairman Eusebio H. Tanco said.

“Nonetheless, our fundamentals remain intact, and we remain confident in the long-term growth trajectory of the business as we adapt our payments ecosystem, strengthen player engagement, and continue to lead with responsible, innovative digital entertainment,” he added.

DigiPlus paid ₱5.4 billion in taxes and regulatory fees in the first quarter, as the Company remains committed to contributing its fair share to government revenues and supporting programs and institutions that strengthen economic resilience, expand public services, and advance inclusive growth.

DigiPlus maintained a strong balance sheet as of end-March, with operational cash flows replenishing its net cash position after paying the first tranche of approximately ₱6.0 billion for the subscription to convertible bonds issued by International Entertainment Corporation (IEC). The Company’s cash and cash equivalents stood at ₱20.5 billion, while total debt load is minimal at only ₱745.8 million. Debt-to-equity ratio remained healthy at 0.02.