Globe sustained its recovery in the third quarter, posting Php 41.5 billion in consolidated gross service revenues, up 3% quarter-on-quarter, its fastest sequential growth in 13 quarters.
The increase was driven by stronger data demand across mobile, broadband, and enterprise segments.
Key Financial Highlights:
• Php 121.7 billion consolidated gross service revenues for 9M25
• Php 22.0 billion EBITDA in Q3, maintaining a 52.8% margin
• Php 17.7 billion NIAT, with •?15.5 billion core NIAT
• Php 5.3 billion equity share from Mynt (GCash), contributing 25% of pre-tax income
• Capex at Php 31.4 billion, down 23% YoY, as Globe advances toward positive free cash flow territory
Interested to know more? You may access the filing via the PSE website: ?https://edge.pse.com.ph/openDiscViewer.do?edge_no=ab00b8b6a8bd24e3ec6e1601ccee8f59?
or through Globe’s Investor Relations page: (?https://www.globe.com.ph/about-us/investor-relations?)
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