Hong Kong · Delayed Price · Currency is HKD DPC Dash Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 24.8% to RMB 5.38 billion, with non-Tier 1 cities driving 43.4% growth and store count reaching 1,315. Adjusted EBITDA rose 28.2% and adjusted net profit increased 43.3%, while store-level margins saw slight compression due to expansion investments.
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Revenue grew 27% year-over-year to RMB 2.59 billion, with strong expansion in non-Tier 1 cities and robust profitability improvements. Store-level EBITDA and adjusted net profit rose significantly, while digital and delivery initiatives drove customer engagement and loyalty.
Fiscal Year 2024
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Revenue grew 41.4% to RMB 4.3 billion in 2024, with net profit turning positive and strong expansion into new cities. Store-level margins and adjusted EBITDA improved, while new growth markets drove 61.8% of total revenue. Plans for 300 new stores in 2025 remain on track.