DFNN Management

Management criteria checks 2/4

DFNN's CEO is Ricardo Banaag, appointed in Jun 2023, has a tenure of less than a year. directly owns 0.18% of the company’s shares, worth ₱1.66M. The average tenure of the management team and the board of directors is 3.8 years and 9.8 years respectively.

Key information

Ricardo Banaag

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.2%
Management average tenure	3.8yrs
Board average tenure	9.8yrs

Recent management updates

Recent updates

CEO

Ricardo Banaag (64 yo)

less than a year

Tenure

Mr. Ricardo F. Banaag has been President & Chief Executive Officer and Director at DFNN, Inc. since June 2, 2023 and was its Chief Operating Officer since March 17, 2020 until June 2, 2023. He was the Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ramon Gabriel Garcia	Co-Founder & Executive Chairman of the Board	24.8yrs	₱25.00k	14.85% ₱ 137.9m
Edwin Villanueva	Treasurer & Executive Director	13.8yrs	₱25.00k	0.50% ₱ 4.6m
Ricardo Banaag	President	less than a year	no data	0.18% ₱ 1.7m
Elisaire Lacson	Chief Financial & Investment Officer	3.8yrs	no data	no data
Francis Formalejo	Chief Technology Officer	2.3yrs	no data	no data
Donald Limcaco	Chief Information Officer	less than a year	no data	0.44% ₱ 4.1m
Abigail Garcia	Investor Relations & Corporate Communications Officer	4.7yrs	no data	no data
Cyrus Montesa	Chief Legal Counsel	6.1yrs	no data	0.0033% ₱ 30.8k
Mark Allan De Ungria	Chief Revenue Officer	2.3yrs	no data	no data
Elmer Serrano	Corporate Secretary	6.8yrs	no data	0.000030% ₱ 278.6

3.8yrs

Average Tenure

55yo

Average Age

Experienced Management: DFNN's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ramon Gabriel Garcia	Co-Founder & Executive Chairman of the Board	24.8yrs	₱25.00k	14.85% ₱ 137.9m
Edwin Villanueva	Treasurer & Executive Director	21.9yrs	₱25.00k	0.50% ₱ 4.6m
Ricardo Banaag	President	less than a year	no data	0.18% ₱ 1.7m
Roberto De Ocampo	Chairman Emeritus	4.7yrs	no data	no data
Marco Antonio Urera	Director	24.8yrs	₱15.00k	0.38% ₱ 3.5m
Eric Francis Ongkauko	Non-Executive Director	20.7yrs	₱25.00k	0.041% ₱ 385.0k
Jean Henri Lhuillier	Non-Executive Director	24.8yrs	₱15.00k	5.76% ₱ 53.5m
James Beltran	Independent Director	4.7yrs	₱25.00k	0.25% ₱ 2.3m
Joseph Peter Y. Roxas	Member of the Board of Advisors	6.1yrs	no data	no data
Brandon Chan	Non-Executive Director	9.8yrs	₱20.00k	0% ₱ 0
Catherine Michelle Panotes	Member of the Board of Advisors	no data	no data	no data
Calvin Lim	Director	6.1yrs	₱25.00k	0.22% ₱ 2.1m

9.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: DFNN's board of directors are considered experienced (9.8 years average tenure).

DFNN Management

Management criteria checks 2/4

Key information

Recent management updates

Key Executive recently bought ₱225k worth of stock

DFNN, Inc., Annual General Meeting, May 17, 2024

President recently bought ₱275k worth of stock

DFNN, Inc. Announces Appointment of Elmer B. Serrano as Director

Key Executive recently bought ₱609k worth of stock

DFNN, Inc. Approves the Appointment of Nicholas Te as Director

Recent updates

Full year 2023 earnings released: ₱0.41 loss per share (vs ₱0.26 profit in FY 2022)

Now 26% overvalued after recent price rise

Key Executive recently bought ₱225k worth of stock

DFNN, Inc., Annual General Meeting, May 17, 2024

President recently bought ₱275k worth of stock

DFNN, Inc. Announces Appointment of Elmer B. Serrano as Director

Key Executive recently bought ₱609k worth of stock

Third quarter 2023 earnings released: EPS: ₱0.12 (vs ₱0.002 loss in 3Q 2022)

DFNN, Inc. Approves the Appointment of Nicholas Te as Director

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: ₱0.058 loss per share (vs ₱0.22 profit in 2Q 2022)

Now 20% undervalued

Key Executive recently bought ₱300k worth of stock

Vice President of Marketing recently bought ₱63k worth of stock

New minor risk - Earnings quality

Now 21% undervalued after recent price drop

Key Executive recently bought ₱1.6m worth of stock

Less than half of directors are independent

Treasurer & Executive Director recently bought ₱1.2m worth of stock

Key Executive recently bought ₱315k worth of stock

DFNN, Inc. Announces the Resignation Chi-Ho Li as Chief Information Officer

Key Executive recently bought ₱171k worth of stock

Less than half of directors are independent

Key Executive recently bought ₱14m worth of stock

Key Executive recently bought ₱64k worth of stock

DFNN, Inc. Ordinary Shares to Be Deleted from OTC Equity

Second quarter 2022 earnings released: EPS: ₱0.22 (vs ₱0.11 loss in 2Q 2021)

First quarter 2022 earnings released: EPS: ₱0.021 (vs ₱0.086 loss in 1Q 2021)

DFNN, Inc. Announces Board Changes

DFNN, Inc., Annual General Meeting, Jul 26, 2022

Less than half of directors are independent

Key Executive recently bought ₱59m worth of stock

President recently bought ₱263k worth of stock

President recently bought ₱260k worth of stock

President recently bought ₱293k worth of stock

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

President recently bought ₱312k worth of stock

Key Executive recently sold ₱303k worth of stock

Key Executive recently sold ₱72k worth of stock

Second quarter 2021 earnings released: ₱0.11 loss per share (vs ₱0.20 loss in 2Q 2020)

Full year 2020 earnings released: ₱0.85 loss per share (vs ₱0.40 loss in FY 2019)

Dfnn Group Introduces New Gaming Content

Key Executive recently bought ₱199k worth of stock

New 90-day low: ₱4.25

New 90-day high: ₱6.35

Third quarter 2020 earnings released: ₱0.12 loss per share

DFNN Unit Gets NOD to Acquire Australian Casino Operator

New 90-day high: ₱3.28

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age