Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 273.33M | 205.48M | 179.59M | 205.18M | 169.14M |
Gross Profit | 77.64M | 51.46M | 43.93M | 36.46M | 27.84M |
EBITDA | -128.43M | -134.66M | -84.76M | -429.91M | -102.50M |
Net Income | -170.20M | -155.38M | -122.03M | -454.35M | -113.50M |
Balance Sheet | |||||
Total Assets | 485.22M | 440.94M | 255.38M | 228.50M | 130.82M |
Cash, Cash Equivalents and Short-Term Investments | 191.01M | 182.88M | 26.80M | 13.49M | 24.47M |
Total Debt | 192.46M | 181.47M | 206.71M | 144.26M | 188.15M |
Total Liabilities | 402.95M | 373.69M | 1.74B | 1.41B | 782.74M |
Stockholders Equity | 47.43M | 45.61M | -1.50B | -1.19B | -656.49M |
Cash Flow | |||||
Free Cash Flow | -113.29M | -37.27M | -37.27M | -91.60M | -49.30M |
Operating Cash Flow | -112.91M | -37.08M | -37.08M | -91.43M | -48.75M |
Investing Cash Flow | -10.86M | -444.63K | -444.63K | -8.36M | -13.01M |
Financing Cash Flow | 104.27M | 51.35M | 51.35M | 115.76M | 76.85M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
49 Neutral | 2.47M | -0.21 | -2.74% | ― | -49.19% | -394.71% | |
48 Neutral | 12.11M | -0.75 | -11.57% | ― | -77.72% | -282.16% | |
48 Neutral | 11.53M | 0.14 | 0.00% | ― | -8.12% | 0.00% | |
43 Neutral | $97.79M | ― | ― | ― | ― | ||
39 Underperform | 50.74M | -0.07 | 14451.97% | ― | -64.00% | 64.27% | |
33 Underperform | 2.64M | -0.06 | 0.00% | ― | 0.00% | 0.00% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
DDC Enterprise Limited announced its unaudited financial results for the first half of 2025, reporting a record net profit of $5.2 million, a significant turnaround from a net loss of the same amount in the previous year. This improvement is attributed to enhanced gross profit margins, disciplined cost control, and gains from Bitcoin holdings. The company has also scaled back its U.S. operations due to profitability issues while forming a joint venture in China expected to generate $15 million in profit over five years. Additionally, DDC has increased its shareholder equity by 202% and continues to execute its Bitcoin accumulation strategy, holding a total of 1,008 BTC as of the reporting date.
On August 15, 2025, DDC Enterprise Limited announced changes in its leadership structure. Kyle Guse was appointed to the Advisory Board, while he stepped down from his role as Chief Legal Officer. The company has not yet appointed a new Chief Legal Officer but has established an Outside General Counsel through a committee arrangement with Loeb & Loeb LLP, involving Lawrence Venick, Robert Caldwell, and Anna Chau. These changes could impact the company’s legal strategy and advisory capabilities, potentially influencing its operations and stakeholder relations.
On June 16, 2025, DDC Enterprise Ltd. entered into a Securities Purchase Agreement and an Ordinary Share Purchase Agreement to expand its Bitcoin holdings. The agreements involve the issuance and sale of securities, including senior secured convertible notes and warrants, with an initial closing on July 1, 2025, raising $27 million. The company plans to use the proceeds exclusively for purchasing Bitcoin, indicating a strategic move to bolster its Bitcoin treasury. This expansion could impact DDC’s operations by enhancing its financial assets and potentially influencing its market positioning within the cryptocurrency sector.
On June 20, 2025, DDC Enterprise Ltd. entered into subscription agreements with three investors to sell Class A ordinary shares, with payments made in bitcoin. These agreements include lock-up provisions and are part of a broader strategy to strengthen the company’s financial position. Additionally, DDC has granted investors options to require the company to repurchase shares under certain conditions, and collateral agreements were established involving a Bitcoin wallet. This move is aimed at bolstering DDC’s market capitalization and ensuring compliance with NYSE American requirements, potentially impacting its market positioning and stakeholder interests.
On July 1, 2025, DDC Enterprise Limited announced the successful initial closing of a $528 million financing to expand its Bitcoin treasury, marking one of the largest Bitcoin raises by a NYSE-listed company. This financing, supported by institutions like Anson Funds, Animoca Brands, and Kenetic Capital, is expected to provide DDC with the capital needed to execute its Bitcoin accumulation strategy, enhancing its position as a top global Bitcoin holder.
On June 13, 2025, DDC Enterprise Ltd. held its Annual General Meeting of Shareholders, where several key resolutions were adopted. These included the ratification of Enrome LLP as the company’s auditor for multiple fiscal years, the election of four directors, and the approval of the 2025 Warrant Program. Additionally, amendments to the 2023 Employee Share Option Plan were approved, significantly increasing the number of Class A Ordinary Shares available under the plan. These decisions are poised to impact the company’s governance and employee incentive structures, potentially enhancing its market positioning and operational efficiency.