
DoubleDragon Corporation (DD) has announced its best year ever in terms of money earned, reaching a total revenue of P27.91 billion in 2025. Think of revenue as all the money a company makes from selling its products or services – like your total allowance for the year.
According to the company’s Chief Information Officer, Atty. Joselito L. Barrera, Jr., this is the highest amount DoubleDragon has ever made in its entire history as a company.
How Much Did They Grow?
To understand how big this achievement is, let’s compare it to the previous year. In 2024, DoubleDragon made P17.86 billion. In 2025, they made P27.91 billion. That’s an increase of P10.05 billion, or 56.3% more money than the year before. Imagine if your P100 allowance suddenly became P156 – that’s similar to what happened to DoubleDragon’s revenues!
The company explains that most of this extra money came from their business operations in other countries, not just the Philippines.
What’s Changing in DoubleDragon’s Business?
DoubleDragon says that 2025 marks an important change in how they make money. In the past, they earned a lot from something called “FV gains” (Fair Value gains – this is when the buildings and properties they own become more valuable over time, kind of like how a rare toy might be worth more as years pass).
But now, almost all of their building projects are finished, so they’re shifting to make most of their money from “core revenues” – which means regular income from actually running their businesses, like renting out their malls, warehouses, offices, and hotel rooms. The company expects that by 2028, almost all their money will come from these regular business operations.
How Big is DoubleDragon Now?
As of December 31, 2025, DoubleDragon’s total assets (everything the company owns) is worth P225.3 billion. Assets include buildings, land, equipment, and money in the bank.
The company also mentioned that their “debt-to-equity ratio” is below 1x, which is much lower than their limit of 2.33x. To explain this simply: imagine you have P100 of your own money and you borrowed P90 from someone – that would be less than 1x debt-to-equity, which means you haven’t borrowed too much compared to what you own. This is considered healthy for a business.
A Special Achievement in America
DoubleDragon shared that they are the first and only Filipino company to have a subsidiary (a smaller company they own) listed on the NASDAQ Stock Exchange in the United States. NASDAQ is one of the biggest stock markets in America where companies can sell shares to raise money. This gives DoubleDragon the ability to get funding from American investors for their future projects.
Big Dreams for 2035
DoubleDragon has set very ambitious goals for the next nine years. They want to grow their revenue 18 times bigger – from P27.9 billion in 2025 to P500 billion by 2035. That’s an 1,800% increase! To put it another way, if they had P1 in 2025, they want to have P18 by 2035.
Their specific goals for 2035 include:
- Making more than P500 billion in yearly revenue globally and over P50 billion in net income (profit)
- Having their buildings and properties fully operating across all 82 provinces in the Philippines
- Expanding their Hotel101 brand to 100 countries around the world
- Becoming completely debt-free (meaning they won’t owe any money to banks or lenders)
- Paying shareholders more than P12 billion in dividends each year (dividends are like sharing profits with people who own stock in the company)
What to Expect in 2026
DoubleDragon expects 2026 to show even better core revenues and income. They explain that in 2025, they had to spend a lot of one-time money for their U.S. NASDAQ listing and for employee stock options at HBNB (their hotel subsidiary). These were special costs that won’t happen again, so 2026’s numbers should look better.
This year will also be their biggest year for opening new hotel rooms. They plan to open 2,229 additional hotel rooms across different locations:
- 680 rooms in Madrid, Spain (recently opened)
- 519 rooms in Davao, Philippines
- 548 rooms in Cebu, Philippines
- 482 rooms in Niseko, Hokkaido, Japan
Their existing hotels – the 518-room Hotel101-Manila and the 606-room Hotel101-Fort in the Philippines – are already running at very high occupancy levels, which means most of their rooms are being rented out regularly.
What Makes DoubleDragon Different?
DoubleDragon explains that they’re not just another real estate company. They’ve built a diverse collection of properties across the Philippines including community malls, warehouses for storage, office buildings, and hotels.
But what makes them special is their Hotel101 brand. They describe it as a “novel” and “unique” business model that can work in many countries around the world. Instead of just copying what other successful hotel companies do, they’ve created their own system that combines technology and hospitality in a new way.
Preparing for AI and Economic Changes
DoubleDragon shared some interesting strategic decisions they’ve made over the past four years. They’ve been preparing for how artificial intelligence (AI) might change businesses and the economy.
For example, they deliberately chose not to rent office space to large BPO (Business Process Outsourcing) or call center companies. They also completely stopped building condominiums. Why? They believe AI technology might eventually replace many call center jobs, which could hurt companies that depend on BPO tenants. They also think there are already too many condominiums being built in the Philippines.
Instead, they focused on creating their Hotel101 concept, which they believe can work in over 100 countries and won’t be as affected by AI disruption.
A Philippine Brand Going Global
DoubleDragon believes that Filipino companies should stop just bringing foreign brands to the Philippines or copying what works in other countries. Instead, they think Philippine companies should create unique brands here and then export them to the rest of the world. They believe this approach will have a bigger, more lasting positive impact on the Philippine economy.
The company sees Hotel101’s global expansion as something that will eventually bring a lot of U.S. dollars into the Philippines, which is good for the country’s economy.
Stock Performance Since 2014
DoubleDragon reminded investors of how far they’ve come. When they first listed on the Philippine Stock Exchange 12 years ago in 2014, their stock was priced at P2 per share. As of May 31, 2026, their stock trades at P10.18 per share. That’s 5 times higher, or a 509% increase from their listing price.
The company acknowledged that their growth journey “was never a perfect straight line,” which is normal for any growing company, especially one that started as a start-up when it listed in 2014.
The financial disclosure was signed by Atty. Joselito L. Barrera, Jr., Chief Information Officer of DoubleDragon Corporation. The company included a standard disclaimer noting that their forward-looking statements are based on management’s assumptions and actual results could differ from their projections.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.











