New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱2.0b free cash flow). Negative equity (-₱95b). Earnings have declined by 12% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.8% average weekly change). Reported Earnings • Nov 18
Third quarter 2025 earnings released: ₱0.29 loss per share (vs ₱0.051 profit in 3Q 2024) Third quarter 2025 results: ₱0.29 loss per share (down from ₱0.051 profit in 3Q 2024). Revenue: ₱5.26b (up 24% from 3Q 2024). Net loss: ₱6.29b (down ₱7.28b from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Announcement • Sep 02
DITO CME Holdings Corp., Annual General Meeting, Oct 10, 2025 DITO CME Holdings Corp., Annual General Meeting, Oct 10, 2025, at 10:00 W. Australia Standard Time. Location: via videoconferencing, Philippines Reported Earnings • Aug 16
Second quarter 2025 earnings released: ₱0.079 loss per share (vs ₱0.40 loss in 2Q 2024) Second quarter 2025 results: ₱0.079 loss per share (improved from ₱0.40 loss in 2Q 2024). Revenue: ₱4.98b (up 28% from 2Q 2024). Net loss: ₱1.70b (loss narrowed 79% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 27
Treasurer recently bought ₱63k worth of stock On the 19th of May, Kim Jay Villamar bought around 50k shares on-market at roughly ₱1.26 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • May 17
First quarter 2025 earnings released: ₱0.077 loss per share (vs ₱0.21 loss in 1Q 2024) First quarter 2025 results: ₱0.077 loss per share (improved from ₱0.21 loss in 1Q 2024). Revenue: ₱4.69b (up 24% from 1Q 2024). Net loss: ₱1.66b (loss narrowed 60% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • Apr 04
DITO CME Holdings Corp. Announces Management Changes, Effective 3 April 2025 DITO CME Holdings Corp. informed that Mr. Raouf A. Kizilbash has tendered his resignation as director of the Corporation, effective 3 April 2025, due to personal reasons. He will be replaced by Mr. Chun Lam Chan who shall serve the unexpired portion of Mr. Kizilbash's term. Meanwhile, Ms. Cherylyn C. Uy has also tendered her resignation as Treasurer of the Corporation, effective 3 April 2025, due to personal reasons. She will be replaced by Mr. Kim Jay T. Villamar who shall serve the unexpired portion of Ms. Uy's term as Treasurer. Ms. Uy remains a director of the Corporation. New Risk • Jan 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Negative equity (-₱60b). Earnings have declined by 26% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Announcement • Dec 06
DITO CME Holdings Corp. has completed a Follow-on Equity Offering in the amount of PHP 2.051175 billion. DITO CME Holdings Corp. has completed a Follow-on Equity Offering in the amount of PHP 2.051175 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,367,450,000
Price\Range: PHP 1.05
Discount Per Security: PHP 0.01575
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 586,050,000
Price\Range: PHP 1.05
Discount Per Security: PHP 0.01575 New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₱60b). Earnings have declined by 26% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: ₱0.051 (vs ₱0.31 loss in 3Q 2023) Third quarter 2024 results: EPS: ₱0.051 (up from ₱0.31 loss in 3Q 2023). Revenue: ₱4.23b (up 36% from 3Q 2023). Net income: ₱998.0m (up ₱5.29b from 3Q 2023). Profit margin: 24% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Announcement • Oct 25
DITO CME Holdings Corp. Ordinary Shares to be Deleted from OTC Equity DITO CME Holdings Corp. Ordinary Shares (Philippines) will be deleted from OTC Equity effective October 24, 2024, due to inactive security. New Risk • Aug 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱95b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱95b free cash flow). Negative equity (-₱63b). Earnings have declined by 26% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (39% increase in shares outstanding). Reported Earnings • Aug 15
Second quarter 2024 earnings released: ₱0.57 loss per share (vs ₱0.079 loss in 2Q 2023) Second quarter 2024 results: ₱0.57 loss per share (further deteriorated from ₱0.079 loss in 2Q 2023). Revenue: ₱3.88b (up 48% from 2Q 2023). Net loss: ₱7.94b (loss widened ₱6.84b from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Announcement • Aug 01
DITO CME Holdings Corp. Announces Chief Financial Officer Changes DITO CME Holdings Corp. announced that Mr. Leo D. Venezuela has been appointed as Chief Financial Officer effective 31 July 2024 following the retirement of Mr. Joseph John L. Ong effective 31 July 2024. Reported Earnings • May 02
Full year 2023 earnings released: ₱0.54 loss per share (vs ₱0.80 loss in FY 2022) Full year 2023 results: ₱0.54 loss per share (improved from ₱0.80 loss in FY 2022). Revenue: ₱11.2b (up 54% from FY 2022). Net loss: ₱8.17b (loss narrowed 27% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • Jan 11
DITO CME Holdings Corp., Annual General Meeting, Jul 05, 2024 DITO CME Holdings Corp., Annual General Meeting, Jul 05, 2024. New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-₱39b). Earnings have declined by 30% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (39% increase in shares outstanding). Reported Earnings • Nov 15
Third quarter 2023 earnings released: ₱0.31 loss per share (vs ₱0.42 loss in 3Q 2022) Third quarter 2023 results: ₱0.31 loss per share (improved from ₱0.42 loss in 3Q 2022). Revenue: ₱3.11b (up 54% from 3Q 2022). Net loss: ₱4.29b (loss narrowed 27% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Board Change • Oct 19
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Salvador Medialdea was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 11
DITO CME Holdings Corp. Announces Executive Changes DITO CME Holdings Corp. announced the resignation of Mr. Ernesto R. Alberto as the President and a member of the board of directors of DITO and his transfer as CEO of its subsidiary, DITO Telecommunity effective immediately. In the meantime, the Company has appointed DITO COO, Mr. Donald Patrick L. Lim, as Mr. Alberto's replacement as President and member of the board of directors. With this, Mr. Lim will serve as acting President and as director of DITO for the unexpired portion of Mr. Alberto's term. New Risk • Aug 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₱31b). Earnings have declined by 39% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 15
Second quarter 2023 earnings released: ₱0.79 loss per share (vs ₱0.33 loss in 2Q 2022) Second quarter 2023 results: ₱0.79 loss per share. Revenue: ₱2.62b (up 55% from 2Q 2022). Net loss: ₱1.10b (loss narrowed 76% from 2Q 2022). New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₱29b). Earnings have declined by 48% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change). Reported Earnings • May 19
First quarter 2023 earnings released: ₱0.024 loss per share (vs ₱0.26 loss in 1Q 2022) First quarter 2023 results: ₱0.024 loss per share (improved from ₱0.26 loss in 1Q 2022). Revenue: ₱2.34b (up 76% from 1Q 2022). Net loss: ₱336.7m (loss narrowed 91% from 1Q 2022). Announcement • May 17
DITO CME Holdings Corp., Annual General Meeting, Jul 05, 2023 DITO CME Holdings Corp., Annual General Meeting, Jul 05, 2023, at 14:00 Singapore Standard Time. Location: 21st Floor, Udenna Tower, Rizal Drive corner 4th Avenue, Bonifacio Global City Bonifacio Philippines Agenda: To Review and Approval of the Minutes of the Previous Meeting held on 6 December 2022; to Report of Management and Approval of the Audited Financial Statements for 2022; to Ratification of Acts of the Board of Directors and Management since the Last Annual Stockholders' Meeting held on 6 December 2022; to consider the Election of Directors (including independent directors); to consider the Approval of the merger of the Company with its wholly-owned subsidiary, Udenna Communications, Media and Entertainment Holdings Inc; to consider the Approval of authority to act as surety and/or guarantor for its subsidiaries at the terms and conditions approved by the Board of Directors; to consider the Approval of issuance of shares pursuant to an equity offering, private placement, top-up placement or similar transaction to be determined by the Board and the listing of such shares; to consider the Appointment of External Auditor; and to consider other matters if any. Reported Earnings • Apr 18
Full year 2022 earnings released: ₱0.80 loss per share (vs ₱1.40 loss in FY 2021) Full year 2022 results: ₱0.80 loss per share. Revenue: ₱7.28b (up 233% from FY 2021). Net loss: ₱11.2b (loss widened 16% from FY 2021). Recent Insider Transactions • Feb 23
Chairman & CEO recently bought ₱6.1m worth of stock On the 16th of February, Dennis Uy bought around 2m shares on-market at roughly ₱3.07 per share. This transaction amounted to 46% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Dennis' only on-market trade for the last 12 months. Recent Insider Transactions • Jan 11
President & Director recently bought ₱1.5m worth of stock On the 5th of January, Ernesto Alberto bought around 501k shares on-market at roughly ₱2.95 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱9.5m worth in shares. Announcement • Dec 07
DITO CME Holdings Corp. Announces Board Changes DITO CME Holdings Corp. announced the election of Mr. Jonathan L. Ravelas as Independent Director replacing Mr. Gregorio T. Yu, effective December 6, 2022. The company also approved the appointment of Jonathan L. Ravelas as Chairman of Audit and Risk Committee; Member of Corporate Governance Committee and Member of Compensation and Remuneration Committee. Composition of committees: Executive Committee: Dennis A. Uy - Chairman; Cherylyn C. Uy - Member and Raouf A. Kizilbash - Member. Audit and Risk Committee: Jonathan L. Ravelas - Chairman; Francis Chua - Member and Enrico S. Cruz - Member. Board Risk and Oversight Committee: Francis Chua - Chairman; Ernesto R. Alberto - Member and Raouf A. Kizilbash - Member. Corporate Governance Committee: Enrico S. Cruz - Chairman; Jonathan L. Ravelas - Member and Francis Chua - Member. Nomination Committee: Dennis A. Uy - Chairman; Ernesto R. Alberto - Member and Francis Chua - Member. Compensation and Remuneration Committee: Dennis A. Uy - Chairman; Joseph John L. Ong - Member and Jonathan L. Ravelas - Member. Related Party Transaction Committee: Francis Chua - Chairman; Jonathan L. Ravelas - Member and Enrico S. Cruz - Member. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Enrico Cruz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Sep 15
President & Director recently bought ₱552k worth of stock On the 12th of September, Ernesto Alberto bought around 150k shares on-market at roughly ₱3.68 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱1.3m. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱9.7m worth in shares. Recent Insider Transactions • Aug 20
President & Director recently bought ₱1.3m worth of stock On the 18th of August, Ernesto Alberto bought around 350k shares on-market at roughly ₱3.84 per share. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱9.2m worth in shares. Reported Earnings • Aug 18
Second quarter 2022 earnings released: ₱0.59 loss per share (vs ₱0.003 profit in 2Q 2021) Second quarter 2022 results: ₱0.59 loss per share (down from ₱0.003 profit in 2Q 2021). Net loss: ₱4.63b (down ₱4.64b from profit in 2Q 2021). Announcement • Aug 08
DITO CME Holdings Corp., Annual General Meeting, Dec 08, 2022 DITO CME Holdings Corp., Annual General Meeting, Dec 08, 2022. Recent Insider Transactions • Jun 22
CFO & Director recently bought ₱251k worth of stock On the 16th of June, Joseph John Ong bought around 70k shares on-market at roughly ₱3.58 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱5.3m. Joseph John has been a buyer over the last 12 months, purchasing a net total of ₱4.6m worth in shares. Recent Insider Transactions • Jun 09
President & Director recently bought ₱852k worth of stock On the 6th of June, Ernesto Alberto bought around 200k shares on-market at roughly ₱4.26 per share. In the last 3 months, they made an even bigger purchase worth ₱5.3m. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱7.9m worth in shares. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Director Enrico Cruz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Mar 31
President & Director recently bought ₱5.3m worth of stock On the 24th of March, Ernesto Alberto bought around 1m shares on-market at roughly ₱5.29 per share. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱7.0m worth in shares. Recent Insider Transactions • Mar 04
CFO & Director recently bought ₱947k worth of stock On the 1st of March, Joseph John Ong bought around 160k shares on-market at roughly ₱5.92 per share. This was the largest purchase by an insider in the last 3 months. Joseph John has been a buyer over the last 12 months, purchasing a net total of ₱4.4m worth in shares. Recent Insider Transactions • Dec 10
CFO & Director recently bought ₱511k worth of stock On the 6th of December, Joseph John Ong bought around 85k shares on-market at roughly ₱6.01 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱1.7m. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱5.9m. Recent Insider Transactions • Nov 24
President & Director recently bought ₱1.7m worth of stock On the 17th of November, Ernesto Alberto bought around 300k shares on-market at roughly ₱5.70 per share. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱3.0m worth in shares. Recent Insider Transactions • Nov 24
President & Director recently bought ₱1.7m worth of stock On the 17th of November, Ernesto Alberto bought around 300k shares on-market at roughly ₱5.70 per share. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱3.0m worth in shares. Recent Insider Transactions • Jul 28
CFO & Director recently bought ₱393k worth of stock On the 21st of July, Joseph John Ong bought around 50k shares on-market at roughly ₱7.86 per share. In the last 3 months, they made an even bigger purchase worth ₱448k. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱6.4m. Recent Insider Transactions • Jul 20
CFO & Director recently bought ₱259k worth of stock On the 12th of July, Joseph John Ong bought around 30k shares on-market at roughly ₱8.62 per share. In the last 3 months, they made an even bigger purchase worth ₱448k. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱6.8m. Recent Insider Transactions • Jul 02
CFO & Director recently bought ₱448k worth of stock On the 29th of June, Joseph John Ong bought around 50k shares on-market at roughly ₱8.95 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱7.1m. Recent Insider Transactions • May 28
CFO & Director recently bought ₱442k worth of stock On the 24th of May, Joseph John Ong bought around 50k shares on-market at roughly ₱8.84 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱3.7m. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱7.5m. Recent Insider Transactions • Mar 26
President & Director recently bought ₱1.2m worth of stock On the 23rd of March, Ernesto Alberto bought around 120k shares on-market at roughly ₱9.97 per share. In the last 3 months, they made an even bigger purchase worth ₱3.7m. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱1.3m worth in shares. Recent Insider Transactions • Mar 13
President & Director recently bought ₱3.7m worth of stock On the 10th of March, Ernesto Alberto bought around 380k shares on-market at roughly ₱9.69 per share. This was the largest purchase by an insider in the last 3 months. Ernesto has been a buyer over the last 12 months, purchasing a net total of ₱141k worth in shares. Recent Insider Transactions • Feb 12
Independent Director recently sold ₱31m worth of stock On the 8th of February, Gregorio Yu sold around 2m shares on-market at roughly ₱15.50 per share. In the last 3 months, they made an even bigger sale worth ₱35m. Insiders have been net sellers, collectively disposing of ₱107m more than they bought in the last 12 months. Recent Insider Transactions • Jan 28
CFO & Director recently bought ₱227k worth of stock On the 19th of January, Joseph John Ong bought around 20k shares on-market at roughly ₱11.37 per share. In the last 3 months, they made an even bigger purchase worth ₱1.2m. Despite this recent buy, Joseph John has been a net seller over the last 12 months, reducing personal holdings by ₱939k. 