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DFNN reports PHP63.6m revenue and PHP411m loss for 2025

Deals & M&A

DFNN reported a net loss of PHP411 million for 2025, 36.3% higher than a year earlier, according to its filing to the Philippine Stock Exchange. Revenue rose 112.5% to PHP63.6 million, including PHP42.5 million from external contracts. In March, the company said it would convert up to PHP600 million of liabilities into shares to retire existing debts.

Investors can weigh DFNN’s revenue growth against its larger net loss and proposed liability-to-share conversion.

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Deals & M&A

IEC targets November launch for self-operated Philippines iGaming phase

International Entertainment Corporation is targeting a mid-to-late November launch for the second phase of its Philippines iGaming business, which its New Coast Leisure subsidiary will operate. IEC says the phase will cover online table games, slots and electronic gaming systems, and that the subsidiary has obtained the required PAGCOR licences and approvals; platform integration and final testing remain underway.

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