Sadot Group, Inc. Reports First Quarter 2025 Results
Sadot Group Inc. (NASDAQ:SDOT) reported strong financial results for Q1 2025, with consolidated revenues reaching $132.2 million, a 24.1% increase year-over-year. The company achieved a net income of $0.9 million, marking a $1.2 million improvement from the prior year's loss. EBITDA rose to $2.5 million, showing significant growth from Q1 2024.
Dilutive EPS improved to $0.18, up $0.24 from the negative $0.06 in the prior year. The company's working capital surplus stood at $21.9 million, up from $20.5 million in December 2024. Operationally, Sadot completed 76 transactions involving over 0.2 million metric tons of agri-commodities across 17 countries, expanded into Korea, and established a management services agreement in Canada with a leading pulses supplier.
Sadot Group Inc. (NASDAQ:SDOT) ha riportato risultati finanziari solidi per il primo trimestre del 2025, con ricavi consolidati pari a 132,2 milioni di dollari, in aumento del 24,1% su base annua. L'azienda ha registrato un utile netto di 0,9 milioni di dollari, segnando un miglioramento di 1,2 milioni di dollari rispetto alla perdita dell'anno precedente. L'EBITDA è salito a 2,5 milioni di dollari, mostrando una crescita significativa rispetto al primo trimestre del 2024.
L'EPS diluito è migliorato a 0,18 dollari, in aumento di 0,24 dollari rispetto ai -0,06 dollari dell'anno precedente. Il capitale circolante netto dell'azienda si è attestato a 21,9 milioni di dollari, in crescita rispetto ai 20,5 milioni di dicembre 2024. Dal punto di vista operativo, Sadot ha completato 76 transazioni per oltre 0,2 milioni di tonnellate metriche di prodotti agricoli in 17 paesi, si è espansa in Corea e ha stipulato un accordo di servizi di gestione in Canada con un importante fornitore di legumi.
Sadot Group Inc. (NASDAQ:SDOT) reportó sólidos resultados financieros para el primer trimestre de 2025, con ingresos consolidados que alcanzaron los 132,2 millones de dólares, un aumento del 24,1% interanual. La empresa logró un ingreso neto de 0,9 millones de dólares, representando una mejora de 1,2 millones de dólares respecto a la pérdida del año anterior. El EBITDA aumentó a 2,5 millones de dólares, mostrando un crecimiento significativo comparado con el primer trimestre de 2024.
El BPA diluido mejoró a 0,18 dólares, subiendo 0,24 dólares desde los -0,06 dólares del año previo. El excedente de capital de trabajo de la compañía se situó en 21,9 millones de dólares, superior a los 20,5 millones de diciembre de 2024. Operativamente, Sadot completó 76 transacciones que involucraron más de 0,2 millones de toneladas métricas de productos agrícolas en 17 países, se expandió a Corea y estableció un acuerdo de servicios de gestión en Canadá con un proveedor líder de legumbres.
Sadot Group Inc. (NASDAQ:SDOT)는 2025년 1분기 강력한 재무 실적을 보고했으며, 통합 매출은 1억 3,220만 달러로 전년 대비 24.1% 증가했습니다. 회사는 90만 달러의 순이익을 기록하며 전년도의 손실 대비 120만 달러 개선을 이루었습니다. EBITDA는 250만 달러로 2024년 1분기 대비 크게 성장했습니다.
희석 주당순이익(EPS)은 -0.06달러에서 0.18달러로 0.24달러 개선되었습니다. 회사의 운전자본 잉여금은 2024년 12월 2,050만 달러에서 2,190만 달러로 증가했습니다. 운영 측면에서 Sadot은 17개국에서 20만 톤 이상의 농산물 거래 76건을 완료했으며, 한국 시장에 진출하고 캐나다에서 주요 콩류 공급업체와 경영 서비스 계약을 체결했습니다.
Sadot Group Inc. (NASDAQ:SDOT) a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires consolidé atteignant 132,2 millions de dollars, soit une hausse de 24,1 % sur un an. La société a réalisé un bénéfice net de 0,9 million de dollars, marquant une amélioration de 1,2 million de dollars par rapport à la perte de l'année précédente. L'EBITDA a augmenté pour atteindre 2,5 millions de dollars, montrant une croissance significative par rapport au premier trimestre 2024.
Le BPA dilué s'est amélioré à 0,18 $, en hausse de 0,24 $ par rapport au -0,06 $ de l'année précédente. Le fonds de roulement excédentaire de la société s'élevait à 21,9 millions de dollars, en hausse par rapport à 20,5 millions en décembre 2024. Sur le plan opérationnel, Sadot a réalisé 76 transactions portant sur plus de 0,2 million de tonnes métriques de produits agricoles dans 17 pays, s'est étendu en Corée et a conclu un accord de services de gestion au Canada avec un fournisseur majeur de légumineuses.
Sadot Group Inc. (NASDAQ:SDOT) meldete starke Finanzergebnisse für das erste Quartal 2025 mit konsolidierten Umsätzen von 132,2 Millionen US-Dollar, was einem Anstieg von 24,1 % im Jahresvergleich entspricht. Das Unternehmen erzielte einen Nettogewinn von 0,9 Millionen US-Dollar, was eine Verbesserung von 1,2 Millionen US-Dollar gegenüber dem Verlust des Vorjahres darstellt. Das EBITDA stieg auf 2,5 Millionen US-Dollar und verzeichnete damit ein deutliches Wachstum gegenüber dem ersten Quartal 2024.
Das verwässerte Ergebnis je Aktie (EPS) verbesserte sich auf 0,18 US-Dollar, ein Anstieg von 0,24 US-Dollar gegenüber dem negativen Wert von 0,06 US-Dollar im Vorjahr. Der Nettoumlaufvermögensüberschuss des Unternehmens lag bei 21,9 Millionen US-Dollar, gegenüber 20,5 Millionen US-Dollar im Dezember 2024. Operativ schloss Sadot 76 Transaktionen mit über 0,2 Millionen metrischen Tonnen Agrarrohstoffen in 17 Ländern ab, expandierte nach Korea und schloss in Kanada eine Managementdienstleistungsvereinbarung mit einem führenden Hülsenfruchtlieferanten ab.
- Revenue increased 24.1% year-over-year to $132.2 million
- Net income improved by $1.2 million to reach $0.9 million profit
- EBITDA grew by $2.5 million compared to Q1 2024
- Dilutive EPS improved significantly to $0.18 from -$0.06
- Working capital surplus increased to $21.9 million from $20.5 million
- Geographic expansion with new operations in Korea and Canada
- None.
Insights
Sadot Group shows substantial Q1 growth with 24.1% revenue increase and return to profitability, demonstrating operational momentum in global food supply chain.
Sadot Group's Q1 2025 results reveal a significant financial turnaround, with net income reaching
Revenue growth of
The dilutive EPS improvement to
Operationally, Sadot completed 76 transactions involving over 200,000 metric tons of agricultural commodities across 17 countries, demonstrating its expanding global reach. The establishment of Sadot Korea and expansion into new trade routes between Australia and Africa indicates strategic geographic diversification. Additionally, Sadot Canada's new management services agreement with a pulses and specialty crop supplier represents vertical integration into higher-value segments of the agricultural supply chain.
These results suggest Sadot is successfully executing its strategy as an "emerging player" in the global food supply chain, with both financial performance and operational footprint showing meaningful expansion.
Q1 Net Income Increases to
Dilutive EPS increases to
BURLESON, TX / ACCESS Newswire / May 14, 2025 / Sadot Group Inc. (NASDAQ:SDOT) ("Sadot Group", "Sadot" or the "Company"), an emerging player in the global food supply chain sector, today announced its financial results for the first quarter ended March 31, 2025. Chief Financial Officer, Jennifer Black and Interim Chief Executive Officer, David Hanna will host a conference call at 11:00am EDT / 8:00am PDT on May 15, 2025, to review the results. All interested parties are invited to join this call. The quarterly financial statements for the three months ended March 31, 2025, are available on the "investors" section of the Company's website (www.sadotgroupinc.com/sec-filings) and can also be found on www.sec.gov.
First Quarter 2025 Financial Highlights
Consolidated revenues of
$132.2 million 24.1% increase over the prior year period
Net income increased to
$0.9 million Improvement of
$1.2 million , over a$0.3 million loss in the prior year period
EBITDA of
$2.5 million $2.5 million improvement from Q1 2024
Dilutive EPS improved to
$0.18 compared to a negative$0.06 in the prior year periodUp
$0.24 compared to a negative$0.06 in the prior year period
Working capital surplus of
$21.9 million Compared to
$20.5 million as of December 31, 2024
Strategic and Operational Highlights
Completed 76 transactions of over 0.2 million metric tons of agri-commodities throughout 17 different countries during the first quarter.
Initiated the first trade from our newly established Sadot Korea subsidiary delivering commodities from Australia to Kenya and other countries.
Sadot Canada, Inc., entered into a management services agreement with a leading supplier of pulses and specialty crop ingredients to the North American pet food industry.
All numbers disclosed in this report are the amounts attributable to Sadot Group Inc. and exclude the portion related to the non-controlling interests. All share based numbers are split adjusted.
Webcast Details
Date: Thursday, May 15, 2025
Time: 11:00 am EDT/ 8:00 am PDT
To register, please use the following link:
https://www.webcaster4.com/Webcast/Page/3084/52488
* Please note that when logging into the Webcast, individuals must, when prompted to, "allow video and audio" access to their device to view and hear the call.
About Sadot Group Inc.
Sadot Group Inc. has rapidly established itself as an emerging player in the global food supply chain. Sadot Group provides innovative and sustainable supply chain solutions that address the world's growing food security challenges.
Sadot Group currently operates within key verticals of the global food supply chain including global agri-commodity origination and trading operations for food/feed products such as soybean meal, wheat and corn, and farm operations producing grains and tree crops in Southern Africa.
Sadot Group connects producers and consumers across the globe, sourcing agri-commodity products from producing geographies such as the Americas, Africa and the Black Sea and delivering to markets in Southeast Asia, China and the Middle East/North Africa region.
Sadot Group is headquartered in Burleson, Texas with subsidiary operations throughout the United States, Brazil, Canada, Colombia, India, Israel, South Korea, Singapore, Ukraine, United Arab Emirates and Zambia. For more information, please visit www.sadotgroupinc.com.
Sadot Group, Inc.
Condensed Consolidated Balance Sheets
(Unaudited)
March 31, 2025 | December 31, 2024 | |||||||
$'000 | $'000 | |||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash | 1,940 | 1,786 | ||||||
Accounts receivable, net of allowance for doubtful accounts of | 47,751 | 18,014 | ||||||
Inventory | 271 | 717 | ||||||
Assets held for sale | 4,915 | 5,196 | ||||||
Other current assets | 16,925 | 126,966 | ||||||
Total current assets | 71,802 | 152,679 | ||||||
Property and equipment, net | 11,793 | 11,820 | ||||||
Other non-current assets | 149 | 155 | ||||||
Total assets | 83,744 | 164,654 | ||||||
LIABILITIES AND EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable and accrued expenses | 36,682 | 28,019 | ||||||
Notes payable, current, net of discount of | 10,911 | 7,390 | ||||||
Deferred revenue, current | 74 | 2,251 | ||||||
Liabilities held for sale | 2,128 | 2,333 | ||||||
Other current liabilities | 139 | 92,177 | ||||||
Total current liabilities | 49,934 | 132,170 | ||||||
Other non-current liabilities | 105 | 111 | ||||||
Total liabilities | 50,039 | 132,281 | ||||||
Equity: | ||||||||
Common stock, | 1 | 1 | ||||||
Additional paid-in capital | 113,004 | 112,406 | ||||||
Accumulated deficit | (82,249 | ) | (83,187 | ) | ||||
Accumulated other comprehensive loss | (113 | ) | (27 | ) | ||||
Total Sadot Group Inc. shareholders' equity | 30,643 | 29,193 | ||||||
Non-controlling interest | 3,062 | 3,180 | ||||||
Total stockholders' equity | 33,705 | 32,373 | ||||||
Total liabilities and stockholders' equity | 83,744 | 164,654 | ||||||
Sadot Group, Inc.
Condensed Consolidated Statement of Operations and Other Comprehensive Income/ (Loss)
(Unaudited)
Three Months Ended March 31, | ||||||||
2025 | 2024 | |||||||
$'000 | $'000 | |||||||
Commodity sales | 132,168 | 106,507 | ||||||
Cost of goods sold | (126,156 | ) | (103,697 | ) | ||||
Gross profit | 6,012 | 2,810 | ||||||
Depreciation and amortization expenses | (27 | ) | (91 | ) | ||||
Stock-based expenses | (1,428 | ) | (796 | ) | ||||
Sales, general and administrative expenses | (3,081 | ) | (1,393 | ) | ||||
Income from operations | 1,476 | 530 | ||||||
Interest expense, net | (1,541 | ) | (228 | ) | ||||
Change in fair value of stock-based compensation | 778 | 476 | ||||||
Income for continuing operations before income tax | 713 | 778 | ||||||
Income tax expense | - | (1 | ) | |||||
Net income for continuing operations | 713 | 777 | ||||||
Discontinued Operations: | ||||||||
Income / (loss) for discontinued operations, net of income tax | 107 | (1,090 | ) | |||||
Net income / (loss) for discontinued operations | 107 | (1,090 | ) | |||||
Net income / (loss) | 820 | (313 | ) | |||||
Net loss attributable to non-controlling interest | 118 | 48 | ||||||
Net income / (loss) attributable to Sadot Group Inc. | 938 | (265 | ) | |||||
Net income from continuing operations per share attributable to Sadot Group Inc.: | ||||||||
Basic | 0.16 | 0.20 | ||||||
Diluted | 0.16 | 0.20 | ||||||
Net income / (loss) from discontinued operations per share: | ||||||||
Basic | 0.02 | (0.26 | ) | |||||
Diluted | 0.02 | (0.26 | ) | |||||
Weighted-average # of common shares outstanding: | ||||||||
Basic | 5,227,444 | 4,186,905 | ||||||
Diluted | 5,245,864 | 4,186,905 | ||||||
Sadot Group, Inc.
Condensed Consolidated Statement of Operations and Other Comprehensive Income/ (Loss) (Continued)
(Unaudited)
Three Months Ended March 31, | ||||||||
2025 | 2024 | |||||||
$'000 | $'000 | |||||||
Net income / (loss) | 820 | (313 | ) | |||||
Other comprehensive income / (loss) | ||||||||
Foreign exchange translation adjustment | 2 | - | ||||||
Unrealized loss | (88 | ) | (60 | ) | ||||
Total other comprehensive loss | (86 | ) | (60 | ) | ||||
Total comprehensive income / (loss) | 734 | (373 | ) | |||||
Comprehensive loss attributable to non-controlling interest | 118 | 48 | ||||||
Total Comprehensive income / (loss) attributable to Sadot Group Inc. | 852 | (325 | ) | |||||
Sadot Group, Inc.
Condensed Consolidated Statements of Cash Flows
(Unaudited)
Three Months Ended March 31, | ||||||||
2025 | 2024 | |||||||
$'000 | $'000 | |||||||
Cash Flows from Operating Activities | ||||||||
Net income / (loss) | 820 | (313 | ) | |||||
Adjustments to reconcile net income / (loss) to net cash (used in) / provided by operating activities: | ||||||||
Depreciation and amortization | 27 | 91 | ||||||
Amortization of debt discount | 406 | - | ||||||
Stock-based expenses | 1,428 | 796 | ||||||
Gain / (loss) on fair value remeasurement | 18,602 | (3,259 | ) | |||||
Change in fair value of stock-based compensation | (778 | ) | 476 | |||||
Bad debt expense | 164 | 77 | ||||||
Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | (29,900 | ) | 29,668 | |||||
Inventory | 446 | (27 | ) | |||||
Other current assets | 91,387 | 3,816 | ||||||
Other non-current assets | - | 5 | ||||||
Accounts payable and accrued expenses | 8,664 | (26,646 | ) | |||||
Other current liabilities | (92,154 | ) | (3,208 | ) | ||||
Other non-current liabilities | 115 | - | ||||||
Deferred revenue | (2,177 | ) | 1,031 | |||||
Total adjustments | (3,770 | ) | 2,820 | |||||
Net cash provided by / (used in) operating activities | (2,950 | ) | 2,507 | |||||
Net cash provided by operating activities - discontinued operations | 8 | 104 | ||||||
Cash Flows from Investing Activities | ||||||||
Disposal of property and equipment | - | 29 | ||||||
Net cash provided by investing activities | - | 29 | ||||||
Net cash provided by investing activities - discontinued operations | - | 29 | ||||||
Cash Flows from Financing Activities | ||||||||
Proceeds from notes payable | 4,581 | 1,500 | ||||||
Repayments of notes payable | (1,467 | ) | (4,261 | ) | ||||
Net cash provided by / (used in) financing activities | 3,114 | (2,761 | ) | |||||
Net cash used in financing activities - discontinued operations | (20 | ) | (36 | ) | ||||
Foreign exchange translation adjustment | 2 | (12 | ) | |||||
Net Increase (Decrease) in Cash | 154 | (140 | ) | |||||
Cash - beginning of period | 1,786 | 1,354 | ||||||
Cash - end of period | 1,940 | 1,214 | ||||||
Reconciliations of EBITDA and Other Non-GAAP Measures
EBITDA and EBITDA Margin are non-GAAP measures. The Company defines EBITDA as Net loss, adjusted for depreciation, amortization, interest income / (expense), and income taxes. The Company believes that EBITDA and EBITDA Margin, (collectively, the "Non-GAAP Measures") are useful metrics for investors to understand and evaluate its operating results and ongoing profitability because they permit investors to evaluate its recurring profitability from its ongoing operating activities.
EBITDA and EBITDA Margin, have certain limitations, and you should not consider them in isolation or as a substitute for analysis of its results of operations as reported under U.S. GAAP. The Company cautions investors that amounts presented in accordance with its definitions of any of the Non-GAAP Measures may not be comparable to similar measures disclosed by other issuers, because some issuers calculate certain of the Non-GAAP Measures differently or not at all, limiting their usefulness as direct comparative measures.
The following table presents a reconciliation of EBITDA from the most comparable U.S. GAAP measure, Net loss, and the calculations of the Net loss margin and EBITDA Margin for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31, | ||||||||
2025 | 2024 | |||||||
$'000 | $'000 | |||||||
Net income / (loss) | 820 | (313 | ) | |||||
Adjustments to EBITDA: | ||||||||
Depreciation and amortization expenses | 27 | 91 | ||||||
Interest (income) / expense, net | 1,541 | 228 | ||||||
Income tax expense | - | 1 | ||||||
EBITDA | 2,388 | 7 | ||||||
EBITDA attributable to non-controlling interest | 118 | 48 | ||||||
EBITDA attributable to Sadot Group Inc. | 2,506 | 55 | ||||||
Gross Profit | 6,012 | 2,810 | ||||||
Gross Profit attributable to Sadot Group Inc. | 6,130 | 2,858 | ||||||
Net income / (loss) margin attributable to Sadot Group Inc. | 0.6 | % | (0.3) | % | ||||
EBITDA margin attributable to Sadot Group Inc. | 1.9 | % | 0.1 | % | ||||
Forward-Looking Statements
This press release may include "forward-looking statements" pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products, or markets, or otherwise makes statements about future events, such statements are forward-looking. Such forward-looking statements can be identified by the use of words such as "should", "may," "intends," "anticipates," "believes," "estimates," "projects," "forecasts," "expects," "plans," and "proposes." Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in documents that we file from time to time with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Sadot Group, Inc., does not undertake any duty to update any forward-looking statements except as may be required by law.
Investor Relations:
E - IR@sadotco.com
SOURCE: Sadot Group Inc.
View the original press release on ACCESS Newswire
FAQ
What was Sadot Group's (SDOT) revenue in Q1 2025?
How much did Sadot Group's (SDOT) net income improve in Q1 2025?
What was Sadot Group's (SDOT) EPS in Q1 2025?
What operational achievements did Sadot Group (SDOT) report in Q1 2025?
How much was Sadot Group's (SDOT) EBITDA in Q1 2025?
