DDC Enterprise Limited most recently reported annual revenue of $274.0M, a net loss of $357.0M. Revenue grew at an average annual rate of 10.1% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
DDC Enterprise Limited: Revenue rose from $169.0M in 2020 to $274.0M in 2025, a change of +62.1% over 5 years; net profit was positive in 0 of 6 reported years; operating margin moved from -57.2% to -82.1%, a shift of -24.9 percentage points; the most recent year shows a net loss of $357.0M.
Income Statement — 6 Years (USD millions)
Metric
2020
2021
2022
2023
2024
2025
Revenue
$169.0M
$205.0M
$180.0M
$205.0M
$273.0M
$274.0M
Operating Expenses
$266.0M
$319.0M
$260.0M
$397.0M
$411.0M
$499.0M
Operating Profit
$-97.0M
$-114.0M
$-80.0M
$-191.0M
$-137.0M
$-225.0M
Operating Margin
-57.2%
-55.4%
-44.5%
-93.0%
-50.3%
-82.1%
Other Income
$-19.0M
$-344.0M
$-39.0M
$41.0M
$-12.0M
$-98.0M
Interest
$7.0M
$23.0M
$31.0M
$12.0M
$17.0M
$20.0M
Depreciation
$6.0M
$5.0M
$4.0M
$4.0M
$5.0M
$2.0M
Profit Before Tax
$-116.0M
$-458.0M
$-119.0M
$-150.0M
$-150.0M
$-323.0M
Tax
$1.2M
$-180,000
$-2.6M
$-3.3M
$-4.8M
$-4.5M
Net Profit
$-113.0M
$-454.0M
$-122.0M
$-155.0M
$-170.0M
$-357.0M
EPS
$-8.55
$-1096.66
$-303.33
$-193.96
$-16.50
$-246.28
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 8 Quarters (USD millions)
Metric
Jun '22
Dec '22
Jun '23
Dec '23
Dec '24
Jun '25
Dec '25
Jun '26
Revenue
$37.0M
$66.0M
$89.0M
$116.0M
$150.0M
$112.0M
$162.0M
$137.0M
Operating Expenses
$50.0M
$74.0M
$100.0M
$296.0M
$262.0M
$97.0M
$423.0M
$151.0M
Operating Profit
$-13.0M
$-8.0M
$-11.0M
$-180.0M
$-112.0M
$14.0M
$-261.0M
$-14.0M
Operating Margin
-36.0%
-11.5%
-12.1%
-155.3%
-74.2%
12.9%
-161.1%
-10.2%
Interest
$18.0M
$6.0M
$9.0M
$3.0M
$0
$0
$0
$0
Profit Before Tax
$-30.0M
$-12.0M
$-6.0M
$-144.0M
$-117.0M
$43.0M
$-366.0M
$-253.0M
Tax
$1.4M
$10,000
$-46.3M
$-1.5M
$-2.6M
$13.1M
$-2.5M
$-2.9M
Net Profit
$-29.0M
$-39.0M
$-12.0M
$-143.0M
$-116.0M
$28.0M
$-366.0M
$-261.0M
EPS
$-1.48
$-2.02
$-0.62
$-119.88
$-41.31
$6.02
$-22.85
$-5.50
Over the 6 years reported for DDC Enterprise Limited, borrowings increased from $188.0M in 2020 to $619.0M in 2025, cash stood at $21.0M in the latest year, shareholders' equity was $66.0M, current assets covered current liabilities 0.88 times.
Balance Sheet — 6 Years (USD millions)
Metric
2020
2021
2022
2023
2024
2025
Total Assets
$131.0M
$229.0M
$255.0M
$441.0M
$485.0M
$1.4B
Current Assets
$98.0M
$119.0M
$156.0M
$320.0M
$377.0M
$585.0M
Cash
$24.0M
$13.0M
$27.0M
$79.0M
$61.0M
$21.0M
Inventory
$5.0M
$10.0M
$6.0M
$10.0M
$5.0M
$8.0M
Receivables
$30.0M
$18.0M
$34.0M
$83.0M
$148.0M
$384.0M
Fixed Assets
$6.0M
$4.0M
$7.0M
$7.0M
$6.0M
$9.0M
Capital Work in Progress
$0
$0
$0
$0
$0
$0
Investments
$2.0M
$52.0M
$22.0M
$118.0M
$139.0M
$131.0M
Other Assets
$7.0M
$8.0M
$19.0M
$47.0M
$27.0M
$5.0M
Total Liabilities
$783.0M
$1.4B
$1.7B
$374.0M
$403.0M
$844.0M
Current Liabilities
$198.0M
$177.0M
$262.0M
$281.0M
$371.0M
$668.0M
Borrowings
$188.0M
$144.0M
$207.0M
$181.0M
$192.0M
$619.0M
Other Liabilities
$595.0M
$1.3B
$1.5B
$192.0M
$210.0M
$225.0M
Equity
$0
$1.0M
$1.0M
$2.0M
$9.0M
$66.0M
Reserves
$-656.0M
$-1.2B
$-1.5B
$46.0M
$47.0M
$498.0M
For DDC Enterprise Limited, operating cash flow was positive in 0 of 6 reported years; free cash flow in the latest year was negative at $737.0M; free cash flow was positive in 0 of 6 years.
DDC Enterprise Limited (DDC) reported annual revenue of $274.0M in its most recent fiscal year.
What is DDC Enterprise Limited's net profit?
DDC Enterprise Limited (DDC) reported a net loss of $357.0M in its most recent fiscal year.
What is DDC EV/EBITDA?
DDC Enterprise Limited's enterprise value to EBITDA (EV/EBITDA) ratio is -0.91. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.