Converge Information and Communications Technology Solution (CNVRG) investor relations material

Executive summary

• Consolidated revenue grew 10.2% year-over-year to over PHP 44.8 billion, with residential revenue up 8.4% and enterprise revenue up 20.3%.

• Net income after tax increased 9.6% to PHP 11.9 billion, with a net income margin of 26.5%.

• Maintained industry-leading EBITDA margin at 60.4% and ROIC at 17.7%.

• Recognized as the Philippines' National Broadband Leader for 2025 and received Five Golden Arrow rating for corporate governance.

• Board approved a regular cash dividend of PHP 0.49 per share, representing 30% of net income.

Financial highlights

• Residential revenues reached PHP 37.3 billion, enterprise revenues PHP 7.4 billion, and EBITDA grew 10% to PHP 27 billion.

• Gross profit rose 11% to PHP 29 billion, while general and administrative expenses increased 14% to PHP 10.5 billion.

• Profit from operations was PHP 17.3 billion, up 7% year-over-year.

• Total assets increased 5% to PHP 112.3 billion, and total equity rose 15% to PHP 63.1 billion.

• ROIC reached 17.7%, slightly above guidance due to delayed CapEx deployment.

Outlook and guidance

• 2026 guidance: 8%-10% consolidated revenue growth, 58%-59% EBITDA margin, and ROIC of 15.5%-16.5%.

• CapEx for 2026 guided at PHP 18-23 billion, including carryover from 2025 and accelerated port rollout.

• Residential segment expected to grow mid- to high single digits; enterprise segment to grow high teens to low twenties.