공지 • Apr 13
PhilWeb Corporation, Annual General Meeting, May 28, 2026 PhilWeb Corporation, Annual General Meeting, May 28, 2026, at 10:00 W. Australia Standard Time. Reported Earnings • Nov 14
Third quarter 2025 earnings released: ₱0.015 loss per share (vs ₱0.01 loss in 3Q 2024) Third quarter 2025 results: ₱0.015 loss per share (further deteriorated from ₱0.01 loss in 3Q 2024). Revenue: ₱175.2m (down 4.6% from 3Q 2024). Net loss: ₱19.2m (loss widened 52% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. New Risk • Oct 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.19b (US$89.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 58% per year over the past 5 years. Minor Risks Negative equity (-₱86m). Market cap is less than US$100m (₱5.19b market cap, or US$89.2m). 공지 • Oct 09
An undisclosed buyer entered into a Share Purchase Agreement to acquire 57.78% stake in PhilWeb Corporation (PSE:WEB) from Gregorio Araneta, Inc. for PHP 1.8 billion. An undisclosed buyer entered into a Share Purchase Agreement to acquire 57.78% stake in PhilWeb Corporation (PSE:WEB) from Gregorio Araneta, Inc. for PHP 1.8 billion on October 8, 2025. A cash consideration of PHP 2.17 per share will be paid by the buyer. As the acquisition involves control of more than 35% of the outstanding voting shares of the public company, the Securities Regulation Code and its Implementing Rules and Regulations require the conduct by the Buyers of a mandatory tender offer to all remaining shareholders.
PhilWeb as been advised that is is in a condition precedent to the closing or completion of the transaction, that certain of PhilWeb's incumbent directors resign and be replaced by nomineees of the Buyer, subject to qualifications and compliance with the applicable law. 공지 • Sep 01
PhilWeb Corporation Announces Executive Changes PhilWeb Corporation announced resignation of Mr. Edgar Brian K. Ng as President and as a member of the Board of Directors of PhilWeb, effective 30 September 2025. His resignation was presented to and accepted by the PhilWeb Board of Directors at its meeting held on 29 August 2025. In the interim, the Board has designated Mr. Antonio Hernandez as Officer-in-Charge for PhilWeb Corporation until such time as a new President is appointed and approved by the Board. Mr. Antonio Hernandez has over 50 years of managerial and executive experience in various industries, including more than 22 years of progressive leadership in the gaming industry within and outside the Philippines. His involvement in the gaming sector began in 2002 when he was appointed President and Chief Executive Officer of Games and Amusement Management and Entertainment Sports Inc. (GAMES), a company responsible for the research and development of Pulltabs for the exclusive use of the Philippine Amusement and Gaming Corporation (PAGCOR). From 2004 to 2006, he served as Sales and Business Development Consultant for major suppliers in the Philippine gaming industry. In 2006, he joined Entertainment Gaming Asia Philippines (formerly Elixir Gaming Technologies Philippines), a wholly owned subsidiary of Elixir Gaming Technologies Inc., a Las Vegas-based company listed on the American Stock Exchange. He started as Business Development Manager and was later promoted to Country Manager and Vice President for the Philippines. Entertainment Gaming Asia was a one-stop solutions provider of casino gaming technology, including the distribution of electronic gaming machines on a revenue-sharing basis and their maintenance. Mr. Hernandez was primarily responsible for overseeing the company's operations and for developing and expanding its market position both locally and overseas. He left the company in July 2010. Later in 2010, Mr. Hernandez co-founded Jade Entertainment and Gaming Technologies Inc., where he served as President and Chief Operating Officer. Under his leadership, Jade expanded its presence in the Asia-Pacific region through subsidiaries in Malaysia, Vietnam, Macau, and Australia. The Jade Group of Companies provides gaming technologies and IT solutions, including wholesale distribution, leasing, and servicing of advanced infrastructures, as well as systems integration, network services, and support for the registration and licensing of gaming IT in various jurisdictions. Since June 2020, Mr. Hernandez has focused on providing consultative services to various businesses across different industries, including gaming. Reported Earnings • Aug 15
Second quarter 2025 earnings released: ₱0.013 loss per share (vs ₱0 in 2Q 2024) Second quarter 2025 results: ₱0.013 loss per share (further deteriorated from ₱0 in 2Q 2024). Revenue: ₱179.8m (down 14% from 2Q 2024). Net loss: ₱16.3m (down ₱16.5m from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. 
