DDC posts 29% revenue growth, turns adjusted EBITDA positive
DDC revenue rose 29% YoY to $20.2M; adjusted EBITDA turned positive at $1.2M. Gross profit grew 17.5% but gross margin fell 300 bps. Bitcoin holdings rose 145% to 2,899 BTC.
Revenue grew 29% year-over-year to $20.2M, with gross profit up 17.5% and gross margin down 300 bps.
Adjusted EBITDA turned positive at $1.2M, and Bitcoin holdings surged 145% to 2,899 BTC.
An 18-month, $10M share repurchase program was authorized.Original document: DDC Enterprise Limited [DDC] Sli…