DFNN records highest-ever revenue in first three quarters of 2022

Philippines-listed technology-provider and remote gaming platform provider DFNN has posted its highest recorded revenue for the first three quarters of the year, reaching PHP970.6 million ($16.97 million), a near 173-percent yearly increase.

Net income was also up by 216 percent yearly during the period, reaching PHP140.4 million ($2.46 million) and the group recorded its highest-ever growth in EBITDA  for the nine months, topping PHP258.8 million, recovering from a loss of PHP65.2 million ($1.14 million) in the same period of 2021.
The majority of revenue was derived from share-based income generated from interactive operations, which totaled PHP888.9 million ($15.54 million), a significant increase from the PHP292.6 million ($5.12 million) generated in the same period of 2021. The group notes that the ‘significant increase in commission income is attributable to the customized various interactive technology platforms driving the revenue growth generated by the company’.

Interactive Gaming Latest news Results announcement DFNN

Accelerating currency drop of renminbi pressures Macau tourism market
_2025-01-07UN report reveals growing presence of organized crime in pacific islands casino projects
_2025-01-06Macau GGR to grow 8% in 2025, backed by increasing travel spending: Goldman Sachs
_2025-01-03The overnight disappearance of 8XBet: a brand shrouded in controversy
_2025-01-02Macau’s gaming industry on track for strong 2025 kickoff: Citigroup
_2025-01-02China's president urges Macau to continue diversification drive away from gaming
_2024-12-20

Open in new window
View settings