SDOT Earnings Prediction
The chart below shows how SDOT performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SDOT sees a -4.58% change in stock price 10 days leading up to the earnings, and a -15.58% change 10 days following the report. On the earnings day itself, the stock moves by +2.99%. This data can give you a slight idea of what to expect for the next quarter's release.
SDOT Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
201.73M
10.74%
15.25%
Gross Margin
1.20%
-9.09%
-13.67%
Operating Margin
-1.76%
40.80%
58.56%
Net Margin
0.54%
118.56%
-59.09%
EPS
0.23
264.29%
360.00%
No Data Available
SDOT Earnings Analysis
Sadot Group Inc. Common Stock Corporation (SDOT.O) Earnings Conference Call
Positive
Record Revenue Increase: 1. Record Revenue Growth: Sadot Group achieved consolidated revenues of $201.7 million in Q3 2024, marking a 10.7% increase compared to $182.2 million in Q3 2023.
Net Income Turnaround: 2. Significant Net Income Improvement: The company reported a net income of $1.2 million for Q3 2024, a substantial turnaround from a net loss of $5.2 million in the same quarter last year, representing an improvement of approximately $6.3 million year-over-year.
EBITDA Improvement: 3. Positive EBITDA Performance: Q3 2024 EBITDA was positive at $2.9 million, a significant improvement of $7.4 million from the negative EBITDA of $4.4 million in Q3 2023.
Record Year-to-Date Net Income: 4. Best Year-to-Date Performance: Year-to-date net income through Q3 2024 reached $3.3 million, the highest for the first nine months in the company's history, compared to a net loss of $6.1 million in the same period of 2023.
October Revenue Surge: 5. Strong October Revenue: The company reported strong revenue of $87.9 million for October 2024, indicating continued momentum and growth into the next quarter.
Negative
Rising SG&A Expenses: 1. Increased SG&A Expenses: SG&A expenses rose to $4.2 million in Q3 2024, an increase of approximately $0.9 million compared to the previous year, primarily due to initial investments in expanding Sadot Agri-Food trading offices.
Weak Liquidity Position: 2. Low Cash Position: The company reported a cash balance of only $1 million, indicating a weak liquidity position that may hinder operational flexibility and growth initiatives.
Legacy Restaurant Revenue Drop: 3. Legacy Restaurant Revenue Decline: The legacy restaurant operations generated only $0.8 million in revenue during Q3 2024, reflecting a significant reduction as the company transitions to a 100% franchise model.
Ongoing Financial Challenges: 4. Negative Historical Performance: Despite recent improvements, the company had a net loss of $6.1 million for the first nine months of 2023, highlighting ongoing financial challenges prior to the current quarter's positive results.
Market Risk Concerns: 5. Market Risk Exposure: The company is exposed to market risks due to volatility in food and feed commodity prices, which could adversely affect future financial performance.
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SDOT Earning Call Sentiment
Sadot Group, Inc. (SDOT) Q3 2024 Earnings Call Transcript
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SDOT.O
1.82%Positive
The earnings report shows strong financial performance with a 10.7% revenue increase and positive net income for two consecutive quarters. The Q&A section revealed promising updates, such as successful expansion in Canada and strategic farmland acquisition in Indonesia, which support growth. Despite concerns over increased SG&A expenses, these are linked to expansion efforts. The market strategy, including divesting non-core assets and focusing on agri commodities, aligns well with future growth. Given these factors, a positive stock price movement between 2% to 8% is anticipated.