secwatch.observer — SEC 8-K summary
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Issuer:     Sadot Group Inc. (SDOT)
CIK:        0001701756
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001493152-23-016179
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Muscle Maker Q1 revenue surges to $213M from $3M; adjusted EBITDA positive $2.4M
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- Consolidated revenue of $213M, up 7,000% YoY, driven by new Sadot commodity-trading subsidiary.
- Non-GAAP adjusted EBITDA of $2.4M vs. ($1.5M) loss in prior year; net loss improved to ($1.1M) from ($1.9M).
- Sadot generated net income of $4.3M on 19 transactions across 11 countries; avg revenue per transaction $11.1M.
- MMI Restaurant Brands posted $406K net loss; 50+ units and 45+ Pokemoto franchise agreements sold but not open.
- Cash balance $6.4M; working capital surplus $6.4M; accounts receivable of $5M due within 60 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701756/000149315223016179/0001493152-23-016179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701756/000149315223016179/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-016179

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