The Philippines’ DigiPlus Interactive Corp has posted a net income of PHP12.6 billion ($220 million) in 2024, marking a 207 percent year-over-year growth.
This surge in profitability was driven by several key factors, including the continued success of its retail gaming segment, the launch of innovative livestreamed games, and the expansion of its game portfolio across platforms such as BingoPlus, ArenaPlus, SpinPlus, and GameZone.
DigiPlus’ total revenues soared by 176 percent, reaching PHP75.2 billion ($1.31 billion) in 2024. Its EBITDA also experienced a substantial increase, climbing by 192 percent to PHP 13.9 billion ($243 million). These results underscore the company’s ability to efficiently scale its operations and optimize its growing user base.Â
By the end of 2024, DigiPlus had over 40 million registered users across its digital platforms, solidifying its leadership in the Philippine digital gaming space.
The company closed the year on a high note, with its fourth-quarter results reflecting continued momentum. DigiPlus posted a net income of PHP3.8 billion ($66 million) in 4Q24, up 93 percent from the same period the previous year. Revenues jumped by 110 percent to PHP23.7 billion ($414 million), while EBITDA expanded by 103 percent to PHP4.6 billion ($80 million).
A key driver of this success was the introduction of uniquely Filipino, culturally resonant games, such as Pinoy Drop Ball. Launched in September 2024, Pinoy Drop Ball became the first-ever livestreamed drop ball game in the Philippines, combining the excitement of traditional perya games with modern mobile gaming technology.
DigiPlus also launched other proprietary games like Pa Pula, Pa Puti, Color Game Plus, and Super Ace Jackpot, which contributed significantly to the company’s revenue growth and user engagement.
Reflecting its strong financial performance, DigiPlus has declared a cash dividend of PHP0.86 ($0.015) per outstanding common share. The dividend will be payable on April 4th, 2025, to stockholders of record as of March 24th, 2025.
$589M in taxes paid in 2024
DigiPlus paid PHP33.7 billion ($589 million) in taxes and regulatory fees in 2024 alone. These payments contribute directly to public services and national development initiatives, including critical infrastructure and social programs. The company also demonstrated its commitment to social responsibility by investing PHP100 million ($1.75 million) through the BingoPlus Foundation, which has supported nearly 120,000 individuals across healthcare, education, disaster resilience, and digital responsibility.
DigiPlus Chairman Eusebio Tanco highlighted the company’s role as a responsible corporate citizen: “Beyond our business, we take our role in nation-building seriously. Our success directly translates into meaningful contributions to national development – funding essential public services and infrastructure that benefit millions of Filipinos,” he said.
