Technology solutions provider DFNN Inc. grew six-fold to P144.8 million last year as revenue surged.
In a statement, DFNN said revenues more than tripled to P961.94 million, largely due to the 300 percent jump in commission fees from platform affiliates and a 438 percent surge in service income.
The huge jump in revenue was also due to the 201 percent increase in the number of electronic gaming machines deployed from 2,296 in 2016 to 6,093 last year.
?Our largely improved performance in 2017 is indicative of the effectiveness of DFNN team?s business planning and efforts. We are confident that this will carry over to this year as we add new revenue streams and extend our core competencies to other avenues within the technology sector,? said DFNN chief executive officer Calvin Lim.
