First Profitable Full Year
Sadot Group achieved positive net income for the first time in its history, with a full-year net income of $4 million and EBITDA of $8.9 million, marking an improvement of $11.8 million and $15.1 million respectively over 2023.
Record Revenue Growth
For Q4 2024, the company generated consolidated revenue of $216.2 million and for the full year $700.9 million, reflecting substantial improvements from the previous year.
Strategic Shift to Agri Commodities
The strategic transformation into an emerging player in the global agri commodities market was validated by improved financial performance.
Successful Cost Management
SG&A expenses were reduced by $1.3 million to $9 million, primarily due to reclassifying food service expenses to discontinued operations and converting restaurants to franchises.
Strong Forward Sales and Hedging Performance
The mark-to-market gain on derivative transactions contributed approximately $5.1 million in income for Q4 and $17.1 million for the year.