olivLaw · US equity research
Sadot Group Inc. SDOT
Retail-Eating & Drinking Places · SIC 5810 · Vertical: Retail-Eating & Drinking Places (SIC 5810)
Sadot Group is an agri-food and commodity trading company that has exited its restaurant businesses and now faces a near-total stop in grain trading revenue. The company is under significant pressure over its ability to continue as a going concern, and the newly acquired TradeOS platform is its main hope for recovery. Commodity sales revenue fell from 700.9 million USD in fiscal 2024 to 246.9 million USD in fiscal 2025.
At the close of 04 Nov 2026, Sadot Group Inc. (SDOT) stock was 5.92 USD (+0.17% on the day), with market capitalisation 7.8 m USD, beta 0.53, 52-week range 2.73–102.00 USD. Latest reported quarter (Q2 2026): net income of 40.1 m USD (+10,202.1% YoY).
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.4
- oversold (≤ 30)
- Bollinger (20, 2)
- 5.45 – 9.73
- in the lower half of the band · %B 0.11 · band width 56.4%
- SMA 50 / 200
- 10.38 / 23.39
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -1.22 / -1.20
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −46.6% | −1.1% | −45.5 pp | — |
| 3 months | −55.7% | −0.5% | −55.3 pp | — |
| 6 months | −27.3% | +4.4% | −31.7 pp | — |
| Year to date | −75.5% | +12.3% | −87.9 pp | — |
| 1 year | −94.2% | +13.5% | −107.7 pp | −14.8% |
| 3 years | −99.6% | +76.4% | −176.0 pp | +10.5% |
| 5 years | −99.8% | +63.7% | −163.4 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | 132.2 m | 114.3 m | — | — | — | — |
| Cost of revenue | 193.2 m | 213.7 m | 126.2 m | 109.4 m | 6.6 m | 211.0 k | — | — |
| Gross profit | 7.7 m | 6.5 m | 6.0 m | 5.0 m | -6.3 m | -89.0 k | — | — |
| SG&A | 3.4 m | 3.1 m | 3.1 m | 2.8 m | 7.4 m | 29.7 m | 2.2 m | 891.0 k |
| Operating income | 2.5 m | 1.1 m | 1.5 m | 1.8 m | -14.3 m | -29.4 m | -2.5 m | -800.0 k |
| Depreciation & amortisation | 49.0 k | 27.0 k | 27.0 k | 27.0 k | 22.0 k | 19.0 k | — | 174.0 k |
| Pre-tax income | 1.8 m | 811.0 k | 713.0 k | 341.0 k | -15.2 m | -79.3 m | -4.8 m | 40.0 m |
| Income tax | 3.0 k | -6.0 k | 0 | 0 | 2.0 k | -230.0 k | — | — |
| Net income | 1.2 m | 724.0 k | 938.0 k | 389.0 k | -15.2 m | -79.5 m | -4.9 m | 40.1 m |
| Diluted EPS | 2.32 | 1.59 ≈ | 0.18 | 0.07 | -17.42 | -61.31 ≈ | — | — |
| Operating cash flow | -4.1 m ≈ | — | -2.9 m | -2.5 m ≈ | -1.8 m ≈ | — | — | — |
| Capex | 6.0 k ≈ | 24.0 k | — | — | 0 ≈ | — | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | ⚠ 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.0 m | 5.0 m | 4.5 m | 10.3 m | 161.7 m | 717.5 m | 700.9 m | 246.9 m |
| Revenue YoY | −24.0% | −17.7% | −9.8% | +131.4% | +1,462.4% | — | −2.3% | −64.8% |
| Net income | -7.2 m | -28.4 m | -10.1 m | -8.2 m | -8.0 m | -7.8 m | 4.0 m | -93.4 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable | — | unavailable | −2,439.4% |
| Diluted EPS | unavailable | unavailable | unavailable | -0.50 | -0.28 | -2.24 | 0.86 | unavailable |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | — | unavailable | unavailable |
| net % | -119.6% | -572.4% | -225.8% | -79.0% | -4.9% | -1.1% | 0.6% | -37.8% |
| Free cash flow | -3.0 m | -5.7 m | -8.6 m | -6.7 m | -795.0 k | -20.7 m | unavailable | unavailable |
The series breaks before 2023: earlier years come from the original reports of the issuer of that time, later years from a subsequent filing that restated the perimeter (a separation, discontinued operations). The year-on-year change across the break is not shown.
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 653.0 k USD
- Financial debt
- 10.2 m USD
- Net debt
- 9.5 m USD
- Equity
- -54.7 m USD
- Total assets
- 2.9 m USD
- Debt / equity
- unavailable
- Current ratio
- 0.05x
- ROE
- unavailable
- ROA
- -111.5%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 4.5 m | 10.3 m | 161.7 m | 717.5 m | 700.9 m | 246.9 m | SEC (XBRL)· 29 Apr 2026verified |
| Cost of revenue | — | — | 157.3 m | 707.9 m | 678.2 m | 242.4 m | SEC (XBRL)· 29 Apr 2026verified |
| Gross profit | — | — | 4.4 m | 9.6 m | 22.7 m | 4.6 m | SEC (XBRL)· 29 Apr 2026verified |
| SG&A | — | 8.1 m | 6.0 m | 9.0 m | 9.7 m | 42.9 m | SEC (XBRL)· 29 Apr 2026verified |
| Operating income | -10.0 m | -9.4 m | -8.1 m | -7.0 m | 6.2 m | -40.5 m | SEC (XBRL)· 29 Apr 2026verified |
| Depreciation & amortisation | 422.5 k | 1.2 m | 2.0 m | 1.1 m | 259.0 k | 95.0 k | SEC (XBRL)· 29 Apr 2026verified |
| EBITDA | -9.5 m ≈ | -8.2 m ≈ | -6.1 m ≈ | -5.9 m ≈ | 6.4 m ≈ | -40.4 m ≈ | SEC (XBRL)· 29 Apr 2026derived |
| Interest expense | — | 69.5 k | 6.7 k | — | — | — | SEC (XBRL)· 21 Mar 2023verified |
| Pre-tax income | -10.1 m | -8.2 m | -7.9 m | -5.3 m | 5.6 m | -93.5 m | SEC (XBRL)· 29 Apr 2026verified |
| Income tax | — | 6.0 k | 25.0 k | -15.0 k | 3.0 k | -228.0 k | SEC (XBRL)· 29 Apr 2026verified |
| Net income | -10.1 m | -8.2 m | -8.0 m | -7.8 m | 4.0 m | -93.4 m | SEC (XBRL)· 29 Apr 2026verified |
| Diluted EPS | — | -0.50 | -0.28 | -2.24 | 0.86 | — | SEC (XBRL)· 11 Mar 2025verified |
| Weighted average diluted shares | — | — | 28.6 m | 3.5 m | 466.6 k | 820.3 k | SEC (XBRL)· 29 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | — | 15.8 m | 9.9 m | 1.4 m | 1.8 m | 653.0 k | SEC (XBRL)· 29 Apr 2026verified |
| Receivables | 140.3 k | 155.2 k | 135.0 k | 52.9 m | 18.0 m | 383.0 m | SEC (XBRL)· 15 May 2026verified |
| Inventories | 113.8 k | 258.8 k | 298.0 k | 2.6 m | 717.0 k | — | SEC (XBRL)· 11 Mar 2025verified |
| Current assets | 4.5 m | 18.0 m | 10.6 m | 112.9 m | 152.7 m | 2.8 m | SEC (XBRL)· 29 Apr 2026verified |
| Property, plant & equipment, net | 2.3 m | 2.3 m | 1.9 m | 12.9 m | 11.8 m | 20.0 k | SEC (XBRL)· 29 Apr 2026verified |
| Goodwill | 656.3 k | 2.6 m | 2.6 m | 1.8 m | 0 | — | SEC (XBRL)· 11 Mar 2025verified |
| Intangibles (excl. goodwill) | 2.9 m | 6.4 m | 4.6 m | 2.8 m | 0 | — | SEC (XBRL)· 11 Mar 2025verified |
| Total assets | 10.5 m | 29.4 m | 27.2 m | 178.1 m | 164.7 m | 2.9 m | SEC (XBRL)· 29 Apr 2026verified |
| Accounts payable | 693.0 k | 911.4 k | 1.1 m | 3.5 m | 2.2 m | 3.9 m | SEC (XBRL)· 29 Apr 2026verified |
| Long-term debt | — | — | — | 7.3 m | 7.4 m | 10.2 m | SEC (XBRL)· 29 Apr 2026verified |
| Current liabilities | 3.1 m | 2.9 m | 6.6 m | 104.6 m | 132.2 m | 57.6 m | SEC (XBRL)· 29 Apr 2026verified |
| Total liabilities | 4.7 m | 5.0 m | 10.7 m | 153.8 m | 132.3 m | 57.6 m | SEC (XBRL)· 29 Apr 2026verified |
| Equity | 5.8 m † | 24.4 m | 16.6 m | 36.1 m | 32.4 m | -54.7 m | SEC (XBRL)· 14 Aug 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -7.8 m | -6.4 m | -198.0 k | -13.4 m | — | — | SEC (XBRL)· 20 Mar 2024verified |
| Capex | 781.0 k | 262.0 k | 597.0 k | 7.3 m | 37.0 k | — | SEC (XBRL)· 11 Mar 2025verified |
| Free cash flow | -8.6 m ≈ | -6.7 m ≈ | -795.0 k ≈ | -20.7 m ≈ | — | — | SEC (XBRL)· 20 Mar 2024derived |
| Investing cash flow | -850.3 k | -3.6 m | -5.4 m | -3.5 m | — | — | SEC (XBRL)· 20 Mar 2024verified |
| Financing cash flow | 12.4 m | 21.5 m | -230.0 k | 8.3 m | — | — | SEC (XBRL)· 20 Mar 2024verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 3 of at least 6
- score weight coverage: 18.8% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 7.8 m USD
Key indicators
Coverage and freshness
Score by group
19% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 3 of at least 6; score weight coverage: 18.8% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -24.1% | 14 (vs peers) | 33% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 15.2% | 100 (on a fixed band) | 44% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 0.0x | 0 (on a fixed band) | 22% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial0/100 · 1/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality· partial14/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Sadot Group Inc. (SDOT). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 246.9 m USD in 2025; YoY growth -64.8%; net margin -24.1%; ROE -486.7%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 3 of at least 6; score weight coverage: 18.8% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 15.2%
What contradicts it
- Net margin: -24.1%
- Current ratio: 0.0x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, Interest coverage, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Retail-Eating & Drinking Places (SIC 5810) · same industry (4-digit SIC) · compared with 7 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| SBUXStarbucks Corporation | 125.1 bn | 63.2 | — | 5.2% | +2.8% | +26% / +10% |
| BROSDutch Bros Inc. | 6.8 bn | 61.3 | 12.9% | 4.9% | +27.9% | −25% / +65% |
| CHAChagee Holdings Ltd. | 2.4 bn | 14.5 | 16.0% | 9.1% | unavailable | −15% / unavailable |
| WENWendy's Co | 1.5 bn | 11.6 | 108.0% | 5.7% | −3.1% | −9% / −59% |
| CNNECannae Holdings, Inc. | 792.4 m | — | -13.3% | -38.2% | −6.4% | +13% / +2% |
| SDOTSadot Group Inc. | 7.8 m | — | -486.7% | -24.1% | −64.8% | −94% / −100% |
| BRCBBlack Rock Coffee Bar, Inc. | — | 190.7 | 2.8% | 0.7% | +24.5% | −52% / unavailable |
| SHAKShake Shack Inc. | — | 77.2 | 7.7% | 2.6% | +15.4% | −17% / +20% |
1- and 3-year price returns: for SDOT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Sadot Group is an agri-food and commodity trading company that has exited its restaurant businesses and now faces a near-total stop in grain trading revenue. The company is under significant pressure over its ability to continue as a going concern, and the newly acquired TradeOS platform is its main hope for recovery. Commodity sales revenue fell from 700.9 million USD in fiscal 2024 to 246.9 million USD in fiscal 2025 12.
SWOT
Strengths
- The company has recently acquired a trading platform that can support execution and risk control 3. Its structure and asset base were simplified after the restaurant sale and the closure of overseas offices 12.
- The company sold its restaurant assets at a price its board considered fair 1. The Sadot brand is registered as a trademark in the United States 1.
- Access to a digital trading platform could help the company compete for broader trading relationships 3.
Weaknesses
- Commodity trading has effectively stopped and revenue fell sharply in 2025 and 2026 12. The company reported significant losses and recognized large asset impairments 1.
- Cash is extremely limited, and the company has a stockholders' deficit and debt in default 23.
- The company relied on external consultants to execute trades in the past, and that relationship ended under a settlement agreement 1.
Opportunities
- If the TradeOS platform attracts counterparties, revenue could gradually recover 3. The business could be refocused on lower-cost digital trading 3.
- Monetising remaining agri-foods assets could generate capital to stabilise the balance sheet 1.
- If the company restructures its debt and resolves its listing issues, it could return to a more stable commercial operation 23.
Threats
- The company risks delisting from Nasdaq if it cannot demonstrate compliance with the equity requirement 3. Doubts about going concern could make financing more expensive or unavailable 2.
- New share issuance needed for funding could heavily dilute existing shareholders 23. Court proceedings in Zambia and the dispute with the local partner could generate further losses 1.
- Competition from large global traders and commodity price volatility could limit the company's chances of recovery 1.
Risks
- Going concernhigh
Financial reports show substantial doubt about the company's ability to continue operating over the next twelve months, due to losses, negative working capital and existing defaults on obligations 2. Without new funding the situation could become critical 2.
- Nasdaq delistinghigh
The company received a notice about the minimum stockholders' equity requirement, and compliance was accepted subject to evidencing it in the report for the third quarter 3. If it fails to do so, the shares could be removed from trading 3.
- Dilution for shareholdershigh
Restructuring or converting debt and raising capital could involve substantial share issuance 23. Convertible securities and price-based anti-dilution adjustments could amplify the effect 3.
- Zambia litigation and other assetsmedium
The court judgment against the Zambia farm led to impairment, and the appeal could take more than a year 1. The farmland deposit in Indonesia was written off, and other assets could suffer impairment in future 1.
- Dependence on TradeOS adoptionmedium
The platform has so far generated nominal revenue, and the company cannot guarantee that adoption will be broad 3. If adoption stays limited, the platform investment might not support revenue 3.
Investment thesis
What would need to be true (bull case)
- If the TradeOS platform quickly attracts counterparties, the company could return to significant trading volume and reduce its dependence on the impaired Zambia assets 3.
- The sale of the restaurants removed some liabilities and unprofitable activities, which could make the balance sheet easier to restructure 1.
- If the company maintains its listing and restructures its obligations, it could obtain better financing terms over the medium term 23.
What would break the thesis
- Revenue from commodity trading has almost disappeared, and the company does not yet have a proven new revenue engine 23.
- Going-concern doubts and debt in default could force severe dilution or a difficult reorganisation for shareholders 2.
- The risk of Nasdaq delisting could reduce share liquidity and make financing harder to obtain 3.
What to watch
- Compliance with the Nasdaq stockholders' equity requirementQ3 2026 periodic report
- TradeOS revenue and the number of counterparties onboardedQ3 2026
- Debt restructuring plan and any share issuancenext 10-K
- Outcome of the Zambia appeal and any further impairments2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Sadot Group Inc., headquartered in Burleson, Texas, shifted at the end of 2022 from a U.S.-centric restaurant business to a global organization focused on the agri-foods supply chain 1. Its main operating unit, Sadot LLC, intended to conduct farming, commodity trading and shipping of food and feed products such as soybean meal, wheat and corn 1. In 2025 the company sold its restaurant business assets, and in June 2026 it acquired the TradeOS commodity trading and risk management platform 3.
The Zambia farm, about 5,000 acres, was lost through a court judgment in December 2025, and the company has appealed 1. Sadot also ceased operations in Brazil and Canada, and Zambia was closed 1. The company currently has no significant commercial activity, and its past revenue came almost entirely from commodity trades that have since stopped 2.
The move from restaurants to agri-foods was followed by a series of divestments and impairments. The company wrote off its carbon credit investment and recognized impairments totaling 31.0 million USD on assets 1. Management is evaluating alternatives, and in 2026 the focus shifted toward the TradeOS platform 13.
Segments
Agri-foods and commodity trading (Sadot Agri-Foods)
This was the only operating segment at the end of 2025, with farming, trading and shipping of soybean meal, wheat and corn 1. Commodity sales revenue was 246.9 million USD in fiscal 2025, compared with 700.9 million USD in fiscal 2024 1. In the second quarter of 2026 revenue was zero, against 114.3 million USD in the same period a year earlier 2.
TradeOS platform
The commodity trading and risk management platform was acquired in June 2026 and deployed across the company's trading operations 3. The first commercial transactions in July 2026 generated approximately 1.0 million USD of gross revenue, a preliminary and unaudited figure 3. The company says the acquisition did not include employees, customers or receivables 3.
Market context
Sadot operates in the global trade in grains and feed products, which is dominated by the large ABCD companies and many regional operators 1. Revenue fell sharply, from 700.9 million USD in fiscal 2024 to 246.9 million USD in fiscal 2025, and in the first half of 2026 commodity trading was effectively halted 12. A lack of working capital and disputes over historical trades have slowed any restart 1.
The TradeOS platform targets the commodity trading segment where counterparties seek faster execution and tighter risk control 3. Adoption has not yet been proven, and the company acknowledges that revenue has so far been nominal 3.
Trends
- Commodity price volatility and geopolitical tensionsheadwind
Swings in grain prices, trade restrictions and geopolitical tensions have compounded difficulties in fulfilling contracts 1. If these conditions persist, trading activity could remain suspended 1.
- Consolidation in agri-foodsheadwind
Large global and regional traders are extending their networks, which makes competition hard for a small player 1. A smaller company could find niches, but given the current situation the room is limited 1.
- Digitisation of commodity tradingmixed
Digital execution and risk management platforms are becoming a competitive factor, and TradeOS could become an advantage if adoption grows 3. The company itself says there is no assurance that adoption will be broad 3.
- Capital and listing pressureheadwind
A lack of capital and the need to restructure debt could substantially dilute the value of shares if new issuance becomes necessary 23. The compliance issue with Nasdaq requirements could lead to delisting 3.
Competitive position
In agri-foods Sadot competes with the ABCD companies (ADM, Bunge, Cargill, Louis-Dreyfus) and many regional operators, on price, foreign exchange rates, quality and global supply 1. The company operates on a far smaller scale than the large traders, which limits its ability to obtain financing and contracts 1.
In trading platforms, TradeOS must compete with other execution and risk management solutions, and the company says the platform can offer faster execution and greater transparency 3. The advantage depends on counterparty adoption, which remains uncertain 3.
- Archer-Daniels-Midland CompanyADM
Member of the ABCD group and a direct competitor in global grain and meal trade 1.
- Bunge Global SABG
Member of the ABCD group, active on the same agricultural commodity supply chains 1.
- Cargill, Incorporated
Privately held member of the ABCD group with a global presence in grain trade 1.
- Louis Dreyfus Company
Member of the ABCD group and a competitor in food and feed commodity trade 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report13 Oct 2026Material agreement · Other events · Financial statements and exhibits
- Current report01 Oct 2026Material agreement · Acquisition or disposition of assets · Item 3.02 · Item 3.03 · Amendments to articles or bylaws · Financial statements and exhibits
- Current report01 Oct 2026Material agreement · Item 3.02 · Financial statements and exhibits
- Current report25 Sept 2026Item 4.01 · Financial statements and exhibits
- Current report17 Sept 2026Departure or appointment of officers · Financial statements and exhibits
- Current report15 Sept 2026Material agreement · Departure or appointment of officers · Amendments to articles or bylaws · Shareholder vote · Financial statements and exhibits
- Current report25 Aug 2026Termination of a material agreement · Departure or appointment of officers · Financial statements and exhibits
- Current report21 Aug 2026Material agreement · Item 3.02 · Financial statements and exhibits
- Current report20 Aug 2026Material agreement · Item 3.02 · Financial statements and exhibits
- Current report18 Aug 2026Material agreement · Item 3.02 · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Sadot Group Inc. · 29 Apr 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Sadot Group Inc. · 14 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Sadot Group Inc. · 14 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.