Muscle Maker reports 2022 revenue of $161.7M, driven by new Sadot agri-commodity subsidiary

Sadot Group Inc.

Total revenue $161.7M vs $10.3M prior year; $150.6M from Sadot commodity sales formed Oct 2022.
Restaurant division revenue $10.3M, up 11% YoY; 28 Pokemoto locations open, 50 additional franchises sold.
Sadot subsidiary generated $4.5M net income on $150.6M revenue (3% margin).
Net loss $8.0M ($0.28 EPS) vs $8.2M ($0.50 EPS) prior year; operating loss $8.1M.
Cash $9.9M, working capital $4.0M; restaurant operating costs improved YoY.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sadot Group Inc. reported the full year ended December 31, 2022 results: revenue $161,698,417.

Period: the full year ended December 31, 2022
Revenue: $161,698,417
Result: reported results

Exact text from the filing

Muscle Maker, Inc. generated $161,698,417 in total revenue.

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Source: SEC EDGAR

accession 0001493152-23-008385

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