Island Information & Technology : Quarterly Report

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER 1. For the quarterly period ended Jan 31, 20212. SEC Identification Number 161803. BIR Tax Identification No. 000-589-662-0004. Exact name of issuer as specified in its charter Island Information & Technology, Inc5. Province, country or other jurisdiction of incorporation or organization PHILIPPINES6. Industry Classification Code(SEC Use Only) 7. Address of principal office 4-B Vernida 1 Condominium, 120 Amorsolo St., Legaspi Village, Makati CityPostal Code12008. Issuer's telephone number, including area code ([phone]. Former name or former address, and former fiscal year, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares	4,885,748,685

11. Are any or all of registrant's securities listed on a Stock Exchange? Yes No If yes, state the name of such stock exchange and the classes of securities listed therein: Common shares are listed with the Philippine Stock Exchange, Inc.12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes No (b) has been subject to such filing requirements for the past ninety (90) days Yes No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Island Information & Technology, Inc.IS PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended	Jan 31, 2021
Currency (indicate units, if applicable)	PHP

Balance Sheet

Period Ended	Fiscal Year Ended (Audited)
Jan 31, 2021	Oct 31, 2020
Current Assets	1,437,427.00	1,433,570.00
Total Assets	19,144,405.00	19,140,548.00
Current Liabilities	9,543,099.00	9,424,198.00
Total Liabilities	127,244,362.00	127,125,461
Retained Earnings/(Deficit)	-156,957,444.00	-156,842,400.00
Stockholders' Equity	-108,099,957.00	-107,984,913.08
Stockholders' Equity - Parent	0	0
Book Value per Share	-0.02	-0.02

Income Statement

Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	-	240,000.00	-	240,000.00
Gross Expense	115,044.45	590,376.54	115,044.45	590,376.54
Non-Operating Income	0	0	0	0
Non-Operating Expense	0	0	0	0
Income/(Loss) Before Tax	-115,044.45	-350,376.54	-115,044.45	-350,376.54
Income Tax Expense	0	0	0	0
Net Income/(Loss) After Tax	-115,044.45	-350,376.54	-115,044.45	-350,376.54
Net Income Attributable to Parent Equity Holder	0	0	0	0
Earnings/(Loss) Per Share (Basic)	-0	-0	-0	-0
Earnings/(Loss) Per Share (Diluted)	0	0	0	0

Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0	-0
Earnings/(Loss) Per Share (Diluted)	0	0

Other Relevant Information

Kindly see the attached report for the month ended January 2021

Filed on behalf by:

Name	Vanica Madredio
Designation	Compliance Officer