Core net income, excluding a one-off investment gain, rose 8 percent from the first quarter to P2.35 billion, while earnings before interest, taxes, depreciation and amortization increased 7 percent to P2.84 billion.
Ebitda margin reached P18.2 percent from 15.3 percent.
DigiPlus shares closed unchanged at P9.75 on Tuesday, giving the company a market value of about P44.5 billion.
Post-wallet delinking reset
DigiPlus' earnings statement highlighted selected operating metrics and comparisons with the first quarter of 2026.
The sequential comparison better reflects the industry’s recovery after regulators ordered online gambling companies to delink from major mobile wallets in the third quarter of 2025.
Beyond gross gaming revenue
Gross gaming revenue fell 9 percent from the first quarter to P15.61 billion even as monthly average bettors and depositors jumped 26 percent to 4.68 million, with monthly active users averaging 5.75 million.
The company also reported net gaming revenue after tax, which excludes regulatory fees, game provider charges, marketing costs, payment fees and other direct gaming expenses.
Net gaming revenue, a key metric the company is adopting in line with global peers, rose 0.9 percent from the first quarter to P5.52 billion.
“Our net gaming revenue after tax is the key metric we use to assess the performance of our operations as it captures not just the growth and scale of our user base, but also measures the efficiency and the return on capital spend,” DigiPlus president Ping Chen said in a statement on Tuesday.
One-off gain lifts headline earnings
Reported net income jumped 124 percent from the first quarter to P6.98 billion after the company recognized a fair value gain from its investment in International Entertainment Corp.’s convertible notes.
The P12.2 billion investment gives DigiPlus the option to acquire a controlling stake in Hong Kong-listed International Entertainment Corp., which owns the New Coast Hotel Manila casino complex and marks the company’s first major move into land-based gaming.
DigiPlus ended the first half with P10.51 billion in cash after paying P3.8 billion in dividends and investing P12.2 billion in International Entertainment’s convertible notes.
—Edited by Miguel R. Camus
