DDC Enterprise reports strong 2024 results, plans Bitcoin reserve

Published 15/05/2025, 19:30
DDC Enterprise reports strong 2024 results, plans Bitcoin reserve

NEW YORK - DDC Enterprise Ltd. (NYSEAM: DDC), a company known for its strategic acquisitions and operations in China, announced a significant increase in its 2024 financial performance and revealed a new strategy focusing on Bitcoin accumulation. The announcement was made through a shareholder letter from Founder, Chairwoman, and CEO Norma Chu. According to InvestingPro data, DDC currently trades at an attractive revenue multiple, with analysis suggesting the stock may be undervalued compared to its Fair Value.

The company reported a 33% year-over-year revenue growth, reaching USD 37.4 million, attributed to its acquisition of U.S. brands and the robust performance of its core operations in China. DDC also improved its gross profit margin to 28.4%, up from 25.0% the previous year, reflecting effective supply chain optimization and cost control measures. InvestingPro data shows the company maintains a strong balance sheet with more cash than debt, though its current ratio stands at 0.94.

DDC’s adjusted EBITDA loss was narrowed to USD 3.5 million, with the China business generating positive EBITDA for the full year. The company’s balance sheet strengthened with a 33% increase in shareholders’ equity at USD 11.3 million, and it reported cash and short-term investments of approximately USD 23.6 million as of March 31, 2025.

Looking ahead to 2025, DDC is positioned to achieve positive adjusted EBITDA, driven by a new joint venture in China expected to contribute USD 3 million in annual net profit over the next five years. While analysts anticipate sales growth in the current year, InvestingPro reveals additional insights about the company’s prospects, with 13 more exclusive ProTips available to subscribers. The company’s next earnings report is scheduled for May 28, 2025, potentially serving as a crucial catalyst for the stock’s performance.

In a bold move, DDC is initiating a Bitcoin Accumulation Strategy to diversify its reserves and potentially enhance shareholder returns. This strategy includes the immediate purchase of 100 BTC and aims to accumulate 500 BTC within six months and 5,000 BTC within 36 months. This initiative will be overseen by a dedicated treasury management team and an expanded crypto-native advisory board.

Chu expressed confidence in the future trajectory of DDC, emphasizing the company’s efficient scaling and innovative approach to value creation, particularly through its new Bitcoin strategy.

The press release also contained forward-looking statements regarding the company’s Bitcoin strategy and performance projections, cautioning investors that these statements are subject to risks and uncertainties and that actual results may differ materially from anticipated results.

This article is based on a press release statement from DDC Enterprise Ltd.

In other recent news, DDC Enterprise has announced a 1:25 reverse stock split, which will take effect on April 21, 2025, after being approved unanimously by the Board. This move is intended to bring the share price into a more favorable trading range following a trading halt due to shares falling below $0.10. DDC’s revenue for 2024 was primarily generated within China’s domestic market, accounting for 80% of the total, with plans to expand further into Southeast Asia. The company has also returned to full compliance with SEC and NYSE regulations, and CEO Norma Chu has increased her stake by subscribing to 10 million additional shares. Additionally, DDC is projecting record revenue for 2024, estimating gross revenue between $34-$40 million and a gross margin of 23.5-27%. The anticipated adjusted EBITDA for 2024 is expected to align with figures reported as of June 30, 2024. As of December 31, 2024, the company’s cash and short-term investments are estimated at $26.2 million. DDC is also exploring strategic diversification of corporate reserves with an initial Bitcoin investment planned within the next 30 days.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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