DDC Revenue Up 29%, Core Business Turns Profitable
DDC Enterprise Limited reported its financial results for the period ending September 2, 2026. The company's revenue grew by 29% year-over-year to $20.2 million, with its core food business achieving positive Adjusted EBITDA. This indicates that the core business is profitable and generating cash.
The net loss of $38.4 million was mainly due to non-cash Bitcoin fair value losses. The company's Bitcoin holdings increased by 145% to 2,899 BTC, indicating a significant investment in the cryptocurrency. It's worth noting that these losses are notional and do not affect the company's cash position.
In addition to the financial results, DDC Enterprise Limited also announced a $10 million share repurchase program. This move suggests that the company is confident in its future prospects and wants to return value to shareholders.