DFNN, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 09:51 pm
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DFNN, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PHP 391.41 million compared to PHP 112.42 million a year ago. Net income was PHP 72.84 million compared to net loss of PHP 35.25 million a year ago. Basic earnings per share from continuing operations was PHP 0.224 compared to basic loss per share from continuing operations of PHP 0.109 a year ago. Diluted earnings per share from continuing operations was PHP 0.224 compared to diluted loss per share from continuing operations of PHP 0.109 a year ago.
For the six months, revenue was PHP 675.13 million compared to PHP 268.89 million a year ago. Net income was PHP 140.86 million compared to net loss of PHP 63.25 million a year ago. Basic earnings per share from continuing operations was PHP 0.434 compared to basic loss per share from continuing operations of PHP 0.195 a year ago. Diluted earnings per share from continuing operations was PHP 0.434 compared to diluted loss per share from continuing operations of PHP 0.195 a year ago.
DFNN, Inc. is a Philippines-based information technology (IT) solutions provider and systems integrator. The Company is engaged in the provision of information technology services to financial institutions and gaming companies. The Company also develops, operates, and maintains Web-based and wireless applications for major corporate customers with strength in solutions for financial institutions and gaming companies and provides proprietary order routing software technology and Web-advertising services to stock brokerage firms. The Company is focused on financial transactions, software/middleware development, IT support services, secure platform development and turnkey implementation. Through its subsidiaries and affiliates, the Company also possesses licenses for electronic gaming machines (EGMs), a sports betting exchange, and digital and pari-mutuel games with the Philippine Amusement and Gaming Corporation (PAGCOR).
DFNN, INC. 