DFNN, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
May 17, 2022 at 08:17 pm EDT
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DFNN, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was PHP 536.12 million compared to PHP 563.15 million a year ago. Net loss was PHP 368.04 million compared to PHP 274.86 million a year ago. Basic loss per share from continuing operations was PHP 1.186 compared to PHP 0.847 a year ago. Diluted loss per share from continuing operations was PHP 1.186 compared to PHP 0.847 a year ago.
DFNN, Inc. is a Philippines-based information technology (IT) solutions provider and systems integrator. The Company is engaged in the provision of information technology services to financial institutions and gaming companies. The Company also develops, operates, and maintains Web-based and wireless applications for major corporate customers with strength in solutions for financial institutions and gaming companies and provides proprietary order routing software technology and Web-advertising services to stock brokerage firms. The Company is focused on financial transactions, software/middleware development, IT support services, secure platform development and turnkey implementation. Through its subsidiaries and affiliates, the Company also possesses licenses for electronic gaming machines (EGMs), a sports betting exchange, and digital and pari-mutuel games with the Philippine Amusement and Gaming Corporation (PAGCOR).