Overview
Sadot Group Q3 consolidated revenue at $0.3 mln, net loss of $15.2 mln
Company reports negative EBITDA of $14.3 mln for Q3
Sadot Group invests in Indonesian carbon project, acquiring 37.5% equity stake in Special Development Group $(SDG)$
Outlook
Company to implement cost-cutting measures and monetize assets
Sadot Group invests in Indonesian carbon project, expects generate between 1.1 mln and 1.2 mln high-integrity carbon credits in its first issuance cycle
Result Drivers
RECEIVABLES ISSUES - Sadot LLC faced challenges in collecting certain receivables, limiting commodity-based credit trades
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$15.20 mln |
Press Release: ID:nACSNzZPBa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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