PhilWeb : 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 Mar 31, 20222. SEC Identification Number 391213. BIR Tax Identification No. 000-141-527-0004. Exact name of issuer as specified in its charter PhilWeb Corporation5. Province, country or other jurisdiction of incorporation or organization Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 41st Floor, One San Miguel Avenue Condominium, San Miguel Avenue corner Shaw Boulevard, Ortigas Center, Pasig City, PhilippinesPostal Code16058. Issuer's telephone number, including area code 632-823655779. Former name or former address, and former fiscal year, if changed since last report -10. 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	1,435,776,680

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: Philippine Stock Exchange, common shares12. 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.

PhilWeb CorporationWEB 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	Mar 31, 2022
Currency (indicate units, if applicable)	Peso

Balance Sheet

Period Ended	Fiscal Year Ended (Audited)
Mar 31, 2022	Dec 31, 2021
Current Assets	167,574,816	172,099,029
Total Assets	1,249,013,180	1,267,758,793
Current Liabilities	459,711,621	485,731,597
Total Liabilities	644,246,094	668,573,846
Retained Earnings/(Deficit)	809,846,078	804,263,939
Stockholders' Equity	604,767,086	599,184,947
Stockholders' Equity - Parent	604,767,086	599,184,947
Book Value per Share	0.47	0.47

Income Statement

Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	181,672,859	137,936,117	181,672,859	137,936,117
Gross Expense	167,246,477	121,469,344	167,246,477	121,469,344
Non-Operating Income	5,221	12,349	5,221	12,349
Non-Operating Expense	4,320,637	4,693,611	4,320,637	4,693,611
Income/(Loss) Before Tax	10,110,966	11,785,511	10,110,966	11,785,511
Income Tax Expense	4,528,827	4,630,889	4,528,827	4,630,889
Net Income/(Loss) After Tax	5,582,139	7,154,622	5,582,139	7,154,622
Net Income Attributable to Parent Equity Holder	5,582,139	7,154,622	5,582,139	7,154,622
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)	-0.04	-0.03
Earnings/(Loss) Per Share (Diluted)	-0.04	-0.03

Other Relevant Information

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Filed on behalf by:

Name	Raymund Aquino
Designation	VP Legal/Corporate Secretary