DDC Enterprise H1 FY26 net loss widens to US$38.4 million; revenue rises 29% to US$20.2 million
DDC•First-half results
DDC Enterprise posted first-half revenue up 29% to US$20.2 million, while GAAP net loss widened to US$38.4 million.
Non-GAAP adjusted EBITDA from the core food business swung to a profit of US$1.2 million.
Balance sheet and capital actions
Working capital turned positive at US$39.4 million at June 30, from negative US$12.2 million at Dec. 31.
Net debt narrowed to US$10.2 million from US$60.6 million, while bitcoin holdings more than doubled to 2,899.
The board authorized up to a US$10 million share repurchase program, capped at 20% of outstanding Class A shares.
