DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.
Revenues fell 25 percent to P17.2 billion from P23.0 billion a year earlier, while earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped 42 percent to P2.6 billion. The company attributed the decline largely to the delinking of e-wallet in-app access to licensed gaming platforms, which disrupted transaction flows and reduced user engagement. Broader caution in consumer spending, influenced by elevated fuel prices, also dampened activity.
On a sequential basis, however, results pointed to some stabilization. Revenues were broadly steady from P17.3 billion in the fourth quarter of 2025, while net income rose 15 percent quarter-on-quarter to P2.8 billion, supported by derivative gains tied to investments in convertible bonds. EBITDA still slipped 15 percent due to higher non-recurring manpower-related costs.
“Our first quarter performance reflects the softness following the delinking of licensed gaming platforms from e-wallet access points,” said DigiPlus Chairman Eusebio H. Tanco. He added that the company remains focused on adapting its payments ecosystem and strengthening engagement within regulated channels.
Even amid the earnings contraction, DigiPlus maintained a strong financial position. Cash stood at P20.5 billion, while total debt remained low at P745.8 million, resulting in a debt-to-equity ratio of 0.02. The company also paid P5.4 billion in taxes and regulatory fees, underscoring its contribution to government revenues.
Strategic partnerships continued to expand its ecosystem. ArenaPlus secured a multi-year agreement as the National Basketball Association’s first official betting partner in the Philippines, while a collaboration with Manny Pacquiao introduced co-branded gaming titles and an integrated payment gateway. These initiatives reflect DigiPlus’ push to sustain growth through content, branding, and regulated digital payments even as access restrictions reshape user behavior.
