Revenue and Earnings
Contribution – Q1’08 vs Q1’07
(in Million Pesos)
|
BUSINESS GROUP |
Q1
2008 Contributions |
|
Q1
2007 Contributions |
||||||||
|
Revenue |
% |
|
Earnings |
% |
|
Revenue |
% |
|
Earnings |
% |
|
|
Communications
(IP-Converge, Prolexic & IPC SG Pte.) |
201.11 |
24% |
|
7.74 |
23% |
|
86.70 |
56% |
|
6.35 |
104% |
|
Online & Mobile Games (IP E-Games, MegaMobile & IPVG
[Overseas]) |
124.60 |
15% |
|
57.13 |
168% |
|
67.21 |
43% |
|
14.89 |
243% |
|
BPO (IPCCO, Influent and i-Pay Commerce) |
499.45 |
60% |
|
(5.31) |
-16% |
|
1.30 |
1% |
|
(9.43) |
-154% |
|
Corporate Overhead (IPVG
Parent) |
2.53 |
0% |
|
(25.65) |
-76% |
|
0.97 |
1% |
|
(5.68) |
-93% |
|
Total |
827.69 |
100% |
|
33.91 |
100% |
|
156.17 |
100% |
|
6.13 |
100% |
Many equities and
industry analysts have recognized IPVG’s unique business model amongst
Philippine listed companies. While focused on high-growth technology driven
sectors, IPVG generates revenues from
As a result of the
strategic make-up and structure of the company, IPVG is well positioned to
capture a share of the global communications, online games and BPO markets.
Year-Opener: Global and Vertical Expansion through
strategic acquisitions and joint-venture partnerships
IPVG executed on a
global expansion during the first quarter of 2008. From purely Philippine-based
revenues in 2007, Q1 2008 consolidated revenues from IPVG’s operations around
the world.
Some of the key
highlights of these activities include:
• In January, IPVG entered a niche and high-growth market of high-end managed security with the acquisition of Prolexic Technologies – the leading provider on DDoS (Distributed Denial of Service) mitigation. The US$ 10.5M investment instantly gave the IT company a global footprint for DDoS mitigation, and strong U.S and European presence.
