other material
confidence high
sentiment positive
materiality 0.65
Sadot Agri-Foods revenue $515M, net income $9.9M; Q1 loss $1.1M but amended deal would show profit
Sadot Group Inc.
- Sadot Agri-Foods generated $515M revenue and over $9.9M net income since Nov 2022; monthly revenue exceeded $45M for 8 consecutive months.
- Q1 2023 GAAP net loss of $1,066,000 driven by $3.4M non-cash stock issuance expense; amended Aggia agreement (40% allocation) would have yielded $654,000 net income.
- Acquired 2000-hectare commercial farm in Zambia for vertical integration; second planting cycle underway.
- Company renamed from Muscle Maker to Sadot Group, ticker changed to SDOT on July 27, 2023; added to Russell Microcap Index.
- Pokémoto chain now has 32 locations and 55+ signed franchises; Superfit Foods to be explored for strategic alternatives.