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Stock impact report

DayDayCook Provides Financial Update and Corporate Highlights

DDC Enterprise Limited (DDC) 
Company Research Source: GlobeNewswire
NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading content-driven food consumer brand, provides a financial and corporate update coincident with the filing of the Company’s financial results for the nine months ended September 30, 2023. These financial results are for periods prior to DayDayCook’s IPO in November of 2023. Financial Highlights: Total revenues were $23.7 million for the nine months ended September 30, 2023, representing 25.5% increase from the same period in 2022Gross Profit was $6.3 million for the nine months ended September 30, 2023, representing a 48.4% increase from the same period in 2022. Gross profit margin increased from 22.3% for the nine months ended September 30, 2022, to 26.4% for the nine months ended September 30, 2023EBITDA (non-GAAP) was a positive $0.6 million for the nine months ended September 30, 2023, compared to a negative EBITDA (non-GAAP) of $10.1 million in the Show less Read more
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