DDC Enterprise sees FY24 gross revenue $34M-$40M

The company said, “DDC anticipates achieving record revenue in its first full year as a NYSE:AM listed company. For calendar year 2024, DDC is expecting to generate gross revenue between $34-$40 million with performance between 23.5-27% gross margin. Adjusted EBITDA for 2024 is expected to be consistent with amounts reported as of June 30, 2024. Cash, cash equivalents and short-term investments are estimated at $26.2 million as of December 31, 2024.”