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Philweb Corporation (Philippines)

Main Activities: Data Processing, Hosting, and Related Services
Full name: Philweb Corporation Profile Updated: September 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

PhilWeb Corporation (WEB) is an IT company incorporated in 1969. WEB's business focuses on providing online gaming such as the Internet Sports Betting to tap the fast growing internet gaming businesses in the country. The company is the technology service provider and marketing consultant for internet sports betting of the Philippine Amusement and Gaming Corporation (PAGCOR) for its Internet Casino program. WEB has launched the TVSabong, an internet betting for cockfighting and a multi-player and peer to peer online gaming. Another waging game is Play Away, which caters to players who are far from the casino areas. This offers the same gaming software design by Real Time Gaming Asia. WEB has several wholly owned subsidiaries engaged in Information Technology such as Philweb Software Corp. and Philweb Celebrity Corp. The company's office is located in Makati City.

Headquarters
The Penthouse, Alphaland Southgate Tower, 2258 Chino Roces Avenue Corner Edsa
Makati; National Capital Region; Postal Code: 1232

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Website: http://www.philweb.com.ph

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1969
Key Executives
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Chairman
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President
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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10.93%
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1.71%
Subsidiaries
Best Choice Holdings, Inc
100%
Ndm Entities
100%
Philweb Convergence Corp
100%
Company Performance
Financial values in the chart are available after Philweb Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
-1.12%
Total operating revenue
-1.12%
Operating profit (EBIT)
247.27%
EBITDA
34.86%
Net Profit (Loss) for the Period
26.04%
Total assets
-6.82%
Total equity
-11.33%
Operating Profit Margin (ROS)
3.4%
Net Profit Margin
0.57%
Return on Equity (ROE)
0.36%
Debt to Equity Ratio
0.32%
Quick Ratio
-0.02%
Cash Ratio
-0.01%

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