Sadot Group Inc. · NASDAQ:SDOT
Sadot — Investor Presentation (September 2024)
23 slides from Sadot's investor presentation, September 2024
Slide 1: Fueling Growth and Innovation in Agri-Commodities
SADOT GROUP INC FUELING GROWTH AND INNOVATION IN AGRI-COMMODITIES September 2024 NASDAQ: SDOT 1
Slide 2: Forward-looking statements and legal disclaimer
This presentation includes "forward-looking statements." To the extent that the information presented in this presentation discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future ev
Slide 3: Investment highlights
• Rapidly growing $1.9 trillion global Agri commodity marketplace. • Refocus of business on commodity trading and farming and divestment of the restaurant unit. • Drafted a “Dream Team” who bring with them years of trading experience, a network of contacts and industry knowledge, gained from having
Slide 4: Pivot to the global agri-commodity supply chain
In November 2022, the Company underwent a significant pivot in its operations and business, from a US- SADOT GROUP INC Centric restaurant brand operator and franchiser, to a participant in the global Agri-commodity supply-chain. Sadot Group seeks to build a global, sustainable agri-commodity supply
Slide 5: Company snapshot and sell-side analyst coverage
NASDAQ: SDOT Share Price1 $0.47 Market Cap1 $25.7M TTM Revenue2 $636.4M Shares Outstanding3 56.8M Float 31.8M ~16m Warrants (none in the money) 812K Options (None in the money) Fiscal Year Dec 31 Sector Consumer Defensive Industry Farm Products Burleson, TX Headquarters (DFW Metro) 1. As of August 1
Slide 6: Company Wide Select Financials, Fiscal Years 2021-2023
Company Wide Select Financials Fiscal Years 2021-2023 Includes Origination & Trading Operations, Farm Operations, And Food Services Revenue Adjusted EBITDA (Unaudited, $ in Millions) (Unaudited, $ in Millions) $800 $1.0 $726.7 $700 $0.1 $- $600 $(1.0) $500 +201% +449.4% $(2.0) $400 $(2.0) $300 $(3.0
Slide 7: Sadot LLC Financials, Fiscal Years 2022-2023
Sadot LLC Financials Fiscal Years 2022-2023 (Sadot LLC initiated Q42022) Includes Origination & Trading Operations, and Farm Operations Revenue Net Income $800,000,000 $10,000,000 $717,506,000 $9,022,000 $9,000,000 $700,000,000 $8,000,000 $600,000,000 $7,000,000 $500,000,000 $6,000,000 $4,451,259 $4
Slide 8: $1.9 Trillion: global agricultural exports in 2022
$1.9 Trillion*: Monetary value of global agricultural exports in 2022 * Trade of agricultural commodities 2005–2022, Food & Agriculture Organization of the United Nations 8 8
Slide 9: Growing global demand for food and feed
Feeding the world’s ever-growing population is a The growing middle-class populations in significant challenge. The United Nations projects developing countries within Africa and Asia result that global population will grow from today’s 8.1 in more calorie per capita consumption in billion to 9.7 bi
Slide 10: Offices, trading desks and farming locations
Sadot Canada Sadot Singapore Adding trading teams and Sadot Black Sea Global Headquarters Pulses & Grains Operational Hub Grains Trading Desk farm operations to capitalize Dallas/Ft. Worth, TX Trading Desk on the growing global opportunity. Offices & Trading Farming Sadot Latam Grains Trading Desk S
Slide 11: Emerging global agri-commodities supply chain organization
Sadot Group Inc. is an emerging global agri-commodities supply chain organization with origination & trading operations located worldwide. • Building out operations to provide leverage to trading operations • Sourcing, buying and selling a wide variety of Agri-commodities worldwide. • Actively engag
Slide 12: Global food supply chain transaction process
Sadot originates and executes global food supply chain transactions from sourcing to delivery, taking advantage of arbitrages between currencies, origins and products. Soybean, wheat, corn, grains wheats Customers contact Sadot searching Sadot sources the supply and The buyer arranges for a Letter o
Slide 13: Sample Transaction
Customer Purchase Request: 10K MT of soybeans @ $600/MT $6,000,000 Upfront Equity Payment 10% $600,000 Sadot Sources the Supply & Negotiates $575/MT $5,750,000 with Supplier: Broker Fees: $3/MT $30,000 Logistics, financial & Insurance Costs: Approx. 1.5% of cost $100,000 Gross Profit Upon Doc Delive
Slide 14: Supply chain verticals
SUPPLY Farming & Origination & Logistics & Food CHAIN Wholesale Warehousing Trading Transportation Processing VERTICALS % 14
Slide 15: Sadot H1 2024 trades by commodity
SADOT H1 2024 • Over 80 trades • Over 1,750,275 metric tons shipped to/from 27 different countries • $716 million total revenue generated • Generated $9.2 million in net income • ~5,000 acre grain farm in Zambia • Established 4 trading teams across the world No of Trades per Year Up to 2024 H-1 Comm
Slide 16: Zambia farm operations
Q4 2023 • Yielded of 987 metric tons of premium wheat @ $515\Ton = Over $500,000 • Planted 540 hectares (1,334 acres) of maize (corn) with an estimated yield of 5,000 metric tons with average price approx. $250\Ton. • Planted 351 hectares (775 acres) of soybean for an expected harvest of 1,050 • Acq
Slide 17: Q2 2024 revenue, net profit, EBITDA and working capital
Consolidated Revenue Net Profit 180 3 175m 175 2.5 2.4m 170 2 165 1.5 160.5m 1 160 0.5 155 0.2m 0 150 Q2 2023 Q2 2024 Q2 2023 Q2 2024 EBITDA Working Capital 3.5 3.2m 18 16.1m 16 3 14 2.5 12 2 10 8.3m 1.5 8 1 0.7m 6 4 0.5 2 0 0 Q2 2023 Q2 2024 Q2 2023 Q2 2024 * Source: Press Releases – “Sadot Group I
Slide 18: Management team
Joining the Company in 2018, Mike has led the organization through significant Jennifer joined the Company in 2022 as CFO bringing significant experience in change, including the 2020 IPO and the 2022 strategic pivot to global agri- public company management. Prior to joining the Company, she served
Slide 19: Comparable Company Analysis
COMPARABLE COMPANY ANALYSIS (figures in millions, except per share data) Revenue EBITDA Net Income Price/Sales Price/Earnings CY Company Ticker Market Cap CY 2023 CY 2024E CY 2023 CY 2023 CY 2024E CY 2023 CY 2024E CY 2023 CY 2024E 2024E Archer-Daniels-Midland Company ADM $29,860 $93,935 $87,698 $4,9
Slide 20: Diversification strategy for the coming year
Over the coming year, Sadot plans to continue enhancing its diversification strategy by acquiring additional capabilities in the global Agri- commodity field. ▪ The Group expects to continue managing markets volatility by diversifying its operations into the supply chain verticals. ▪ The Group seeks
Slide 21: Investment highlights
• Rapidly growing $1.9 trillion global Agri commodity marketplace. • Refocus of business on commodity trading and farming and divestment of the restaurant unit. • Drafted a “Dream Team” who bring with them years of trading experience, a network of contacts and industry knowledge, gained from having
Slide 22: Restaurant divestiture status
As published in the Company recent 10K filing: Over the past 6 months, the Company has been implementing its announced strategy to convert all of its corporately owned and operated locations into franchise owned locations. This strategy will position the division, once complete, to potentially dives
Slide 23: Contact details
SADOT GROUP INC Michael Roper – CEO michael.roper@sadotco.com www.sadotgroupinc.com ir@sadotco.com 23