DigiPlus Interactive Corp., the leading online gaming operator in the Philippines, has closed Q4 of 2025 with softened financials, citing disruptive new regulations as the primary driver.
In an official disclosure to the Philippine Stock Exchange, the company revealed that Q4 revenue fell to PHP 17.3 billion ($289.3 million), representing a 27% decrease from the PHP 23.7 billion ($369.3 million) recorded during the same period in 2024.
The regulatory headwinds also impacted the bottom line, with net income sliding 36% year-on-year to PHP 2.5 billion ($41.8 million), while EBITDA saw a 32% drop to PHP 3.1 billion ($51.84 million). These figures reflect the immediate friction caused by a government mandate requiring the unlinking of e-wallet in-app access from licensed online gaming platforms, a change that forced players to adopt entirely new methods for funding their accounts.
Operational Resilience and Annual Growth
Despite the challenging fourth quarter, DigiPlus demonstrated significant operational agility. When compared to the third quarter of 2025, the company showed a remarkable recovery: net income improved by 43% and EBITDA rose by 52% on a quarter-on-quarter basis. This rebound was attributed to aggressive cost management and rapid adjustments to the user interface to streamline the new funding processes.
For the full year of 2025, DigiPlus managed to maintain an upward trajectory. Total revenue hit PHP 84.2 billion ($1.4 billion), up 12% from 2024’s PHP 75 billion. Full-year EBITDA reached PHP 14.2 billion ($237.4 million), a 2% increase year-on-year.
Chairman Tanco commented on the results, noting:
“The quarterly and yearly performance reflect the company’s capacity to cope with changing regulations and increased competition in the sector. We are optimistic regarding the outlook in the upcoming year as the company reported resilient performance in the face of the fast-changing and challenging environment in the sector.”
Dividends and Strategic Expansion
Bolstered by a solid balance sheet featuring PHP 23.4 billion in cash, DigiPlus declared a Q4 cash dividend of PHP 3.8 billion (30% of full-year net income). Shareholders of record as of April 1, 2026, will receive PHP 0.83 per share.
Looking ahead, DigiPlus is bridging the gap between digital and physical gaming. The company is pursuing a majority stake in International Entertainment Corp, the operator of the New Coast Hotel Manila. This expansion provides a physical platform to complement their digital ecosystem, allowing for deeper, multi-channel customer engagement.
