Xurpas Inc
PPSE:X0.23
PHP
-0.01
(-2.92%)
ISIN
PHY9730B1062
CUSIP
Y9730B106
Return %
Stock
S&P 500
1Y
42.94
14.20
3Y
1.30
81.12
5Y
-57.64
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Full Time Employees
- 115
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Makati City Philippines
- IPO Date
- Dec 2, 2014
- Website
- xurpas.com
- Similar Companies
- Business
- Xurpas Inc. is a Philippines-based technology and digital transformation company that develops, produces, and distributes digital products, enterprise software solutions, and telecommunications content. Founded in 2001 and headquartered in Makati City, Philippines, the company provides information technology solutions, software consultancy, and digital consumer services to telecommunications operators, corporate enterprises, small and medium-sized businesses, and government institutions. Xurpas operates primarily through three core business segments: Enterprise Services, Mobile Consumer Services, and Other Services. The company is publicly listed on the Philippine Stock Exchange under the ticker symbol X. The company offers a comprehensive portfolio of technology products and services, which includes custom web, mobile, and cross-platform software application development; IT staff augmentation and specialized technical talent placement; enterprise resource planning and human resource information system integration, deployment, and customization as a certified partner of Frappe for the ERPNext platform; legacy system modernization, infrastructure support, and cloud engineering; artificial intelligence and data science consulting via Xurpas AI Labs, comprising AI readiness audits, conversational assistant integrations, workflow automation, and predictive data analytics; mobile value-added consumer services, including casual mobile game development, mobile marketing, digital advertising solutions, and telecommunications airtime management; and proprietary human resources technology, featuring the Flex Benefits System and Kudos platforms for flexible employee benefit administration, health maintenance organization plan integration, and employee reward programs. Xurpas conducts operations through its corporate divisions and specialized subsidiaries, which include Seer Technologies, Inc., a software development and cloud consulting consultancy; Storm Technologies, Inc., a developer of human resource platforms and flexible employee benefit systems; and Art of Click Pte. Ltd., a digital mobile media advertising network. The company primarily serves clients across the Philippines and the broader Southeast Asian region. In recent corporate developments, Xurpas has executed a series of financial restructurings, strategic divestments, and enterprise service expansions to optimize capital efficiency and restore sustainable profitability. In January 2026, Xurpas divested its 49 percent equity interest in Indonesian affiliate PT Sembilan Digital Investama for approximately 17.6 million Philippine pesos to bolster general working capital. Concurrently, the board of directors approved a private equity placement consisting of the issuance of 100 million common shares to PPARR Management & Holding Corp. at 0.10 pesos per share to strengthen liquidity. To resolve capital deficiencies, the company initiated an equity restructuring plan involving a quasi-reorganization to eliminate accumulated deficit balances. Operationally, Xurpas shifted its strategic focus toward high-margin digital enterprise services, expanding its certified Frappe ERPNext deployment practice and formally launching Xurpas AI Labs to deliver generative AI and business automation solutions to enterprise clients.