Forensic Analysis · Retail / Consumer Discretionary · as of Oct 16, 2026
Sadot Group Inc. (SDOT)
A forensic read on Sadot Group Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-417.8
Distress distance
Clean
Earnings quality
3
Forensic signals
-64.8%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Sadot Group Inc. earns an F (Poor — capital at risk) forensic quality grade, and its balance-sheet distress test reads -417.8, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
n/m (sign flip)
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets flipped from positive to negative FY2024→FY2025 (FY2024 $+39.8M to FY2025 $-44.5M) — the standard accruals ratio divides by the average of the two, which collapses toward zero right as the sign changes, so the resulting percentage is a denominator artifact, not a real accrual measurement. Treat this as a structural balance-sheet shift to understand on its own terms rather than a clean or dirty accruals read.
0.8% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 0.8% of revenue in FY2025 — about $2.52 per diluted share. No cash left the business to pay it, which is why operating cash flow adds it back. Net of repurchases the diluted count still rose about 75.8% a year across FY2024–FY2025, above the level at which the count is a material claim on a stake, and only one year's change is on file — enough to state what a holder gave up, not enough to say whether the rate is climbing or coming down. Stock compensation is one source of that issuance; acquisition consideration, equity raises, convertibles and other employee plans also net into the count, and these figures do not separate them.
$828,000
FY2023–FY2023
Goodwill impairments.Took $828,000 of goodwill writedowns across 1 year (FY2023 ($828,000)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$246.9M
Revenue Growth YoY-64.8%
Revenue CAGR (2yr)-41.3%
Net Margin-37.8%
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Sadot Group Inc.'s actual 10-K/10-Q/8-K filings?