earnings
confidence high
sentiment positive
materiality 0.75
Muscle Maker's new subsidiary Sadot generates $150.58M in first 60 days; total revenue up 1,836%
Sadot Group Inc.
2023-FY EPS reported
-$0.28
revenue$161,698,417
- Sadot LLC generated $150.58M revenue in first 60 days (Nov $54.19M, Dec $96.39M).
- Total company YTD revenue jumped 1,836% to $159.25M from $8.67M through Q3 2022.
- Sadot focuses on international shipping of physical food commodities (wheat, soybean meal, corn).
- CEO highlights diversification: Sadot + Pokemoto franchising (55 agreements sold, 8 opened).
- Preliminary unaudited results subject to change upon completion of quarterly closing procedures.