Sadot Group Inc

musclemakergrill.com

Sadot Group Inc (NASDAQ: SDOT) is an agricultural commodities trading company that buys and sells food commodities across global trade routes. Revenue comes almost entirely from transactional commodity sales, where the company acts as a principal buying and reselling physical agricultural products. As of the year ended December 31, 2025, commodity sales totaled $246.9 million, down 64.8% from $700.9 million in FY2024, with gross profit falling to $4.6 million from $22.7 million in FY2024. The company reported a net loss of $93.97 million in FY2025 versus net income of $3.74 million in FY2024, including a $13.4 million write-off of carbon credit investments. In December 2025, Sadot completed the sale of its restaurant franchise assets, including Pokémoto and Muscle Maker Grill, to MARV Brands for $2.9 million, fully exiting its food services segment. The company's stated growth plan includes expansion into farming, warehousing, logistics, food processing, and carbon offsets, though it discontinued further carbon credit investment as of FY2025. Competitors in agri-commodities trading are described in the 10-K as significantly larger with greater purchasing power and financial resources.