Philippines · Delayed Price · Currency is PHP Globe Telecom Earnings Call Transcripts
Fiscal Year 2026
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Gross service revenues rose 5% year-on-year to PHP 42B, with EBITDA up 7% and core net income up 9%. Data and digital platforms drove growth, while inflation and the Middle East crisis pose risks. CapEx surged 51% to PHP 12.7B, and a PHP 25/share dividend was declared.
Fiscal Year 2025
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Record revenues and EBITDA were achieved in 2025, driven by strong data demand and disciplined cost management. Mobile, broadband, and fintech segments all posted growth, while CapEx was optimized and free cash flow turned positive. Dividend payout remains robust.
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Achieved 3% QoQ revenue growth in 3Q 2025, driven by record data revenues and strong cost control. Fiber and 5G expansion continued, with robust EBITDA margins and positive free cash flow. Dividend of PHP 25/share declared, with stable outlook and disciplined capital management.
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Q2 2025 saw a strong sequential rebound, with gross service revenues up 1% and EBITDA margin at 53%. Data and digital platforms drove growth, while cost optimization and capital efficiency improved. Mynt's (GCash) contribution surged, and the tower sale program nears completion.
Fiscal Year 2024
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Record 2024 revenues and EBITDA were achieved despite inflation and typhoon impacts, with strong growth in mobile data, fiber, and corporate data. CapEx was reduced, free cash flow improved, and positive momentum is expected to continue in 2025.
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Gross service revenues rose 4% year-on-year to PHP 124B, with EBITDA up 8% and core net income up 22%. Mobile and corporate data segments drove growth, while CapEx was reduced and free cash flow improved. Leadership transitions and data center expansions are on track.
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Strong H1 2024 results with 4% revenue and 21% core net income growth, driven by mobile and data services. CapEx and leverage declined, tower sale completed, and GCash valuation doubled to $5B. Outlook remains positive with stable margins and improving free cash flow.