earnings
confidence high
sentiment negative
materiality 0.75
Sadot Group Q3 revenue $182M, net loss $5.3M; YTD adjusted EBITDA turns positive $2.8M
Sadot Group Inc.
2023-Q3 EPS reported
-$0.18
revenue$555,457,000
- Q3 2023 revenue $182M vs $3M in Q3 2022; 27 agri-commodity transactions in 16 countries.
- Net loss $5.3M vs $1.9M loss YoY; adjusted EBITDA loss $841K improved from $1.4M loss.
- Nine-month 2023 adjusted EBITDA positive $2.8M vs $(4.1)M loss in 2022, a $6.9M swing.
- Completed Zambia farm acquisition (5,000 acres) with first wheat harvest ($500K revenue); carbon offset purchased.
- Cash $2.4M, working capital surplus $9.0M, total assets $90.7M (up $18.3M from Q2).