Net income of Philippine-listed game technology provider DFNN Inc. grew five-folds in 2017 on the back of strong commission fees and great improvement in service income.

In a disclosure to the Philippine Stock Exchange, DFNN reported a net income of PHP144.77 million ($2.79 million) last year—a 513 percent leap from the PhP23.61 million ($454,964) posted in 2016.

DFNN’s consolidated revenue grew 270 percent to PHP961.94 million ($18.54 million) in the 12 months ending December 31, 2017, from the reported PHP 259.88 million ($5.007 million) posted in 2016. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA)surged by 1,470 percent to PHP191.1 million ($3.68 million) last year compared with the PHP130, 000 ($2,505) in 2016.

The company attributed its 2017 stellar performance to the 300 percent rise in commission fees from platform affiliates and a 438 percent improvement in service income attributable to revenue generated from software maintenance services.