DDC Enterprise Ltd. Reports Record 2024 Growth with 33% Increase in Revenue and Narrowed Adjusted EBITDA Loss

Reuters
05-16
DDC Enterprise Ltd. Reports Record 2024 Growth with 33% Increase in Revenue and Narrowed Adjusted EBITDA Loss

DDC Enterprise Ltd. has announced its financial results for 2024, reporting a significant year-over-year increase in revenue, which grew by 33% to USD 37.4 million. This growth was attributed to the strategic acquisition of U.S. brands and the sustained resilience of its core operations in China. The company's gross profit margin improved from 25.0% in 2023 to 28.4%, reflecting stringent supply chain optimization and cost discipline. The adjusted EBITDA loss narrowed to USD 3.5 million; excluding non-recurring expenses, the loss was USD 2 million. The China business segment generated positive EBITDA for the full year. Shareholders' equity increased by 33% to USD 11.3 million, supported by debt conversion and equity issuances, with cash, cash equivalents, and short-term investments estimated at USD 23.6 million as of March 31, 2025. Looking ahead, DDC Enterprise Ltd. is poised to achieve positive adjusted EBITDA in 2025, driven by strategic initiatives, including the China Joint Venture (JV) partnership. This JV is projected to contribute USD 3 million in annual net profit each year over the next five years. Additionally, the company has unveiled a pioneering Bitcoin accumulation strategy aimed at redefining long-term value creation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DDC Enterprise Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-044621), on May 16, 2025, and is solely responsible for the information contained therein.

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