earnings
confidence high
sentiment positive
materiality 0.65
Muscle Maker reports April 2023 revenue over $58.9M; six straight months above $50M
Sadot Group Inc.
- April 2023 top line revenue exceeded $58.9 million, the sixth consecutive month above $50 million.
- Total revenue from Sadot LLC since its November 2022 inception exceeds $418 million.
- Company recently acquired a ~5,000-acre grain and fruit farm in Zambia, expecting revenue by end of 2023 harvest season.
- CEO cites continued growth in global agri-commodities supply chain and expansion into additional verticals.