Tillkännagivande • Jun 18
Discovery World Corporation Elects Mr. Charles Anthony C. Chua as Independent Directors, Effective June 18, 2026 Discovery World Corporation announced that Mr. Charles Anthony C. Chua was elected as the Corporation's Independent Directors in accordance with the requirements of the Securities Regulation Code and Code of Corporate Governance. The annual meeting of the stockholders of Discovery World Corporation was held on 18 June 2026 . Elected as Directors of the Corporation for 2026-2027, to assume office immediately after their election and to serve as such until their successors shall have been duly elected and qualified. New Risk • May 20
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 10% 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 (10% average weekly change). Earnings have declined by 15% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₱828.4m market cap, or US$13.4m). Reported Earnings • May 19
First quarter 2026 earnings released First quarter 2026 results: Revenue: ₱339.4m (up 5.4% from 1Q 2025). Net income: ₱1.73m (up ₱30.0m from 1Q 2025). Profit margin: 0.5% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 17
Full year 2025 earnings released: ₱0.74 loss per share (vs ₱0.33 loss in FY 2024) Full year 2025 results: ₱0.74 loss per share (further deteriorated from ₱0.33 loss in FY 2024). Revenue: ₱990.6m (down 4.2% from FY 2024). Net loss: ₱634.9m (loss widened 125% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Feb 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 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 Risk Less than 1 year of cash runway based on free cash flow trend (-₱247m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (₱905.2m market cap, or US$15.7m). Tillkännagivande • Feb 27
Discovery World Corporation, Annual General Meeting, Jun 18, 2026 Discovery World Corporation, Annual General Meeting, Jun 18, 2026, at 14:00 W. Australia Standard Time. Location: the meeting will be held at the principal office, of the corporation, Philippines Reported Earnings • Nov 16
Third quarter 2025 earnings released Third quarter 2025 results: Net loss: ₱212.0m (loss widened 76% from 3Q 2024). Tillkännagivande • Sep 01
Discovery World Corporation Announces Resignation of Ruben V. Paguntalan as Compliance Officer, Effective 30 August 2025 Discovery World Corporation announced the Resignation of Mr. Ruben V. Paguntalan as AVP Finance/Compliance Officer effective 30 August 2025. Reason: Medical reason. Reported Earnings • Aug 16
Second quarter 2025 earnings released: ₱0.071 loss per share (vs ₱0.03 loss in 2Q 2024) Second quarter 2025 results: ₱0.071 loss per share (further deteriorated from ₱0.03 loss in 2Q 2024). Revenue: ₱273.4m (down 8.5% from 2Q 2024). Net loss: ₱54.1m (loss widened 110% from 2Q 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • May 24
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: -₱138m 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 Risk Less than 1 year of cash runway based on free cash flow trend (-₱138m free cash flow). Minor Risk Market cap is less than US$100m (₱922.3m market cap, or US$16.7m). Reported Earnings • May 10
Full year 2024 earnings released: ₱0.33 loss per share (vs ₱0.06 loss in FY 2023) Full year 2024 results: ₱0.33 loss per share (further deteriorated from ₱0.06 loss in FY 2023). Revenue: ₱1.03b (up 13% from FY 2023). Net loss: ₱282.0m (loss widened 475% from FY 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 24
Discovery World Corporation, Annual General Meeting, Jun 19, 2025 Discovery World Corporation, Annual General Meeting, Jun 19, 2025, at 14:00 W. Australia Standard Time. Location: meeting will be held via videoconferencing., Philippines Reported Earnings • Nov 17
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₱185.2m (up 12% from 3Q 2023). Net loss: ₱120.4m (loss widened 20% from 3Q 2023). New Risk • Nov 07
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 Risk Less than 1 year of cash runway based on free cash flow trend (-₱54m free cash flow). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₱1.02b market cap, or US$17.5m). Reported Earnings • Aug 13
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₱298.6m (up 20% from 2Q 2023). Net loss: ₱25.7m (loss narrowed 36% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Tillkännagivande • Jun 08
Discovery World Corporation Approves Appointment of Ignatius F. Yenko as Director and Melissa Y. Yap as Chairman of Corporate Governance Committee Discovery World Corporation announced that at its AGM held on June 5, 2024, the shareholders approved appointment of Ignatius F. Yenko as Director. The company also appointed Melissa Y. Yap as Chairman of Corporate Governance Committee. Reported Earnings • May 15
First quarter 2024 earnings released First quarter 2024 results: Revenue: ₱289.5m (up 17% from 1Q 2023). Net loss: ₱25.2m (loss widened 34% from 1Q 2023). Reported Earnings • Apr 02
Full year 2023 earnings released: ₱0.06 loss per share (vs ₱0.087 loss in FY 2022) Full year 2023 results: ₱0.06 loss per share (improved from ₱0.087 loss in FY 2022). Revenue: ₱911.1m (up 18% from FY 2022). Net loss: ₱49.0m (loss narrowed 34% from FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 23
Discovery World Corporation, Annual General Meeting, Jun 05, 2024 Discovery World Corporation, Annual General Meeting, Jun 05, 2024, at 14:00 Singapore Standard Time. Location: Discovery Shores Boracay, Station I, Balabag, Malay, Aklan Malay Philippines Agenda: To consider President's Report and Presentation of 2023 Financial Statements; to consider ratification of all Acts of the Board of Directors and Officers; to consider re-appointment of External Auditor; to consider election of Directors; and to transact such other business matters. New Risk • Dec 02
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 8.5% 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 Less than 1 year of cash runway based on free cash flow trend (-₱211m free cash flow). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₱888.2m market cap, or US$16.1m). Reported Earnings • Nov 15
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₱165.0m (up 2.5% from 3Q 2022). Net loss: ₱100.2m (loss widened 100% from 3Q 2022). Reported Earnings • Aug 13
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₱251.1m (down 5.3% from 2Q 2022). Net loss: ₱39.2m (down 213% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₱247.9m (up 81% from 1Q 2022). Net loss: ₱18.9m (loss narrowed 57% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 30
Full year 2022 earnings released: ₱0.09 loss per share (vs ₱0.19 loss in FY 2021) Full year 2022 results: ₱0.09 loss per share (improved from ₱0.19 loss in FY 2021). Revenue: ₱774.6m (up 187% from FY 2021). Net loss: ₱74.4m (loss narrowed 55% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Tillkännagivande • Nov 22
Discovery World Corporation Elects Melissa Yeung Yap as an Independent Member Discovery World Corporation’s Board of Directors held 18 November 2022, Ms. Melissa Yeung Yap was elected as an independent member of the Corporation's Board of Directors, effective 1 December 2022. Ms. Yap will be serving the unexpired portion of the term of Mr. Eric S. Yu who resigned effective 31 October 2022. Ms. Yap holds a Bachelors Degree in Development Studies from Ateneo de Manila University where she is likewise a part-time professor for the Development Studies Program. She obtained her Masters in Entrepreneurship from the Asian Institute of Management in 2015 and is currently completing her Owner/President Management Program at Havard Business School. Ms. Yap is the Chief Executive Officer of Greenstone Pharmaceutical Inc. (Katinko) and is likewise a Social Entrepreneur. Her other board memberships include Peace and Equity Holdings Inc., St. Jude College and Republican College. She is an incoming Board member of National Commission for Culture and the Arts – National In relation to Ms. Yap's election, the Board also approved the following changes in the composition of the Corporation's Board Committees, as follows: AUDIT COMMITTEE: Elizabeth Ann C. Parpan – Chairman; William L. Chua – Member; Melissa Yeung Yap – Member; and Romualdo C. Macasaet – Member. BOARD RISK OVERSIGHT COMMITTEE: Elizabeth Ann C. Parpan – Chairman; Melissa Yeung Yap – Member; William L. Chua – Member; and Romualdo C. Macasaet – Member. CORPORATE GOVERNANCE COMMITTEE: William L. Chua – Chairman; Elizabeth Ann C. Parpan – Member; and Melissa Yeung Yap – Member. B. Appointment of Officer: Mr. Erlito Z. Parangue was also designated as the Corporation's Risk & Audit Officer. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director William Chua was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ₱161.1m (up 338% from 3Q 2021). Net loss: ₱50.1m (loss narrowed 44% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 22
Discovery World Corporation Announces Resignation of Eric S. Yu as Independent Director Discovery World Corporation announced that Mr. Eric S. Yu has tendered his resignation as Independent Director of the Corporation, effective October 31, 2022. Tillkännagivande • Sep 17
Discovery World Corporation Announces Management Changes Discovery World Corporation announced that in the board of directors' meeting held on 15 September 2022, the board accepted the resignation of Ms. Laydel B. Balaquidan as Risk Officer, effective 16 September 2022, due to personal reason. The company appointed Mr. Erlito Z. Panague as the OIC Risk Officer of the company effective 16 September 2022. Reported Earnings • Aug 12
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ₱265.1m (up ₱237.3m from 2Q 2021). Net income: ₱34.7m (down 87% from 2Q 2021). Profit margin: 13% (down from 982% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 22
Discovery World Corporation Announces Executive Changes Discovery World Corporation announced Appointment of Ms. Ann Margaret K. Lorenzo as Assistant Corporate Secretary Ms. Morielle Isobelle S. Cariño resigned from DWC effective 21 July 2022. Tillkännagivande • Jun 02
Discovery World Corporation Announces Executive Changes Discovery World Corporation meeting of the Board held immediately after the stockholders' meeting, the following persons were elected as officers of the Corporation for the year 2022-2023 to serve as such until their successors shall have been duly elected and qualified: Executive Committee: A. Bayani K. Tan – Member; Lamberto R. Villena – Member. Audit Committee: Elizabeth Ann C. Parpan – Chairman. Board Risk Oversight Committee: Eric S. Yu - Chairman; Elizabeth Ann C. Parpan - Member; William L. Chua- Member; Romualdo C. Macasaet - Member. Corporate Governance Committee: William L. Chua - Chairman. Committees of the Board of Directors of the Corporation: Executive Committee: John Y. Tiu, Jr. - Chairman; Jose C. Parreño, Jr. - Member; Romualdo C. Macasaet - Member; Christopher John AD. Tiu - Member; A. Bayani K. Tan - Member; Lamberto R. Villena - Member. Audit Committee: Elizabeth Ann C. Parpan - Chairman; William L. Chua - Member; Eric S. Yu - Member; Romualdo C. Macasaet - Member. oard Risk Oversight Committee: Eric S. Yu - Chairman; Elizabeth Ann C. Parpan - Member; William L. Chua- Member; Romualdo C. Macasaet - Member. Corporate Governance Committee: William L. Chua - Chairman; Elizabeth Ann C. Parpan - Member; Eric S. Yu - Member. Reported Earnings • May 16
First quarter 2022 earnings released First quarter 2022 results: Net loss: ₱43.7m (loss narrowed 45% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Eric Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Feb 18
Discovery World Corporation, Annual General Meeting, Jun 01, 2022 Discovery World Corporation, Annual General Meeting, Jun 01, 2022, at 13:30 Singapore Standard Time. Location: Discovery Shores Boracay, Station 1 Balabag, Boracay Malay Philippines Agenda: To consider Call to Order; to consider Proof of Notice of Meeting; to consider Certification of Quorum; to consider Approval of the Minutes of the Previous Meeting of Stockholders; to consider President's Report and Presentation of 2021 Financial Statements; to consider Ratification of all Acts of the Board of Directors and Officers; to consider Election of Directors; and to consider Other Matters. Executive Departure • Sep 09
Risk Officer Gilbert Magnaye has left the company On the 1st of September, Gilbert Magnaye's tenure as Risk Officer ended. We don't have any record of a personal shareholding under Gilbert's name. Gilbert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.17 years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS ₱0.32 (vs ₱0.15 loss in 2Q 2020) Second quarter 2021 results: Net income: ₱272.6m (up ₱373.7m from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 17
Full year 2020 earnings released: ₱0.81 loss per share (vs ₱0.054 loss in FY 2019) Full year 2020 results: Net loss: ₱540.0m (loss widened ₱506.2m from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 03
Insider recently sold ₱140k worth of stock On the 1st of March, Rupert Sykat sold around 25k shares on-market at roughly ₱5.60 per share. In the last 3 months, there was an even bigger sale from another insider worth ₱177k. Despite this recent sale, insiders have collectively bought ₱20m more than they sold in the last 12 months. Recent Insider Transactions • Feb 17
Finance Manager & Compliance Officer recently sold ₱177k worth of stock On the 15th of February, Charlie Ledesma sold around 30k shares on-market at roughly ₱5.90 per share. This was the largest sale by an insider in the last 3 months. Charlie has been a seller over the last 12 months, reducing personal holdings by ₱108k. Is New 90 Day High Low • Feb 02
New 90-day high: ₱4.10 The company is up 140% from its price of ₱1.71 on 05 November 2020. The Filipino market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 1.0% over the same period. Tillkännagivande • Jan 22
Discovery World Corporation Announces Board Changes Discovery World Corporation announced that Mr. Erlito Parange was appointed as DWC's Internal Audit Officer on 20 January 2021, effective on 21 January 2021. Mr. Gilbert Magnaye will cease to be the Audit officer on the same date but retain his position as the Risk Officer. Is New 90 Day High Low • Jan 15
New 90-day high: ₱3.20 The company is up 132% from its price of ₱1.38 on 16 October 2020. The Filipino market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 29% over the same period. Recent Insider Transactions • Dec 19
Finance Manager & Compliance Officer recently bought ₱69k worth of stock On the 17th of December, Charlie Ledesma bought around 30k shares on-market at roughly ₱2.30 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱20m. This was Charlie's only on-market trade for the last 12 months. Is New 90 Day High Low • Dec 17
New 90-day high: ₱2.30 The company is up 54% from its price of ₱1.49 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 47% over the same period. Recent Insider Transactions • Dec 04
Director recently bought ₱20m worth of stock On the 2nd of December, Christopher John A. Tiu bought around 9m shares on-market at roughly ₱2.17 per share. 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. Is New 90 Day High Low • Dec 01
New 90-day high: ₱2.00 The company is up 47% from its price of ₱1.36 on 03 September 2020. The Filipino market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 39% over the same period. Reported Earnings • Nov 22
Third quarter 2020 earnings released: ₱0.19 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ₱6.75m (down 96% from 3Q 2019). Net loss: ₱125.0m (loss widened 140% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 66% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 19
New 90-day high: ₱1.82 The company is up 14% from its price of ₱1.60 on 21 July 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 7.0% over the same period. 
