See more : Tulikivi Corporation (TULAV.HE) Income Statement Analysis – Financial Results
Complete financial analysis of Sachem Capital Corp. (SACH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Sachem Capital Corp., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Sachem Capital Corp. (SACH)
About Sachem Capital Corp.
Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Northeastern United States and Florida. It offers loans to real estate investors and owners to fund their acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64.77M | 30.77M | 19.84M | 13.05M | 9.71M | 10.05M | 6.33M | 3.54M | 2.56M | 1.55M | 52.28M |
| Cost of Revenue | 34.73M | 44.75K | 165.92K | 7.22K | 34.92K | 32.53K | 664.13K | 87.97K | 5.09K | 251.00 | 44.75K |
| Gross Profit | 30.04M | 30.73M | 19.67M | 13.04M | 9.67M | 10.01M | 5.67M | 3.45M | 2.55M | 1.55M | 52.23M |
| Gross Profit Ratio | 46.38% | 99.85% | 99.16% | 99.94% | 99.64% | 99.68% | 89.51% | 97.52% | 99.80% | 99.98% | 99.91% |
| Research & Development | 0.00 | 0.38 | 0.44 | 0.48 | 0.49 | 0.67 | 0.69 | 0.74 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 4.82M | 8.41M | 4.22M | 2.36M | 2.01M | 1.69M | 988.26K | 350.23K | 210.41K | 75.90K | 3.10M |
| Selling & Marketing | 6.93M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 12.22M | 8.41M | 4.22M | 2.36M | 2.01M | 1.69M | 988.26K | 350.23K | 210.41K | 75.90K | 3.10M |
| Other Expenses | 0.00 | 28.27M | -10.74M | -6.42M | -5.52M | -54.24K | 73.14K | -17.38K | -34.90K | -168.00 | 28.23M |
| Operating Expenses | 11.75M | 31.37M | -6.52M | -4.05M | -3.51M | 2.10M | 1.06M | 472.38K | 217.75K | 76.15K | 31.32M |
| Cost & Expenses | 32.00M | 31.37M | -6.52M | -4.05M | -3.51M | 2.10M | 1.73M | 1.08M | 217.75K | 76.15K | 31.37M |
| Interest Income | 49.27M | 42.62M | 22.31M | 13.82M | 9.75M | 8.96M | 5.43M | 3.65M | 2.48M | 1.42M | 0.00 |
| Interest Expense | 29.19M | 21.55M | 10.42M | 5.55M | 2.94M | 1.67M | 664.13K | 505.14K | 221.70K | 13.28K | 0.00 |
| Depreciation & Amortization | 266.33K | 11.92M | 5.80M | 3.28M | 2.75M | 3.87M | 2.14M | 994.90K | 227.17K | 13.28K | 0.00 |
| EBITDA | 0.00 | 106.41K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.14M | 2.31M | 0.00 | 20.91M |
| EBITDA Ratio | 0.00% | 0.35% | 67.56% | 69.40% | 64.48% | 94.51% | 77.20% | 102.92% | 99.00% | 95.92% | 40.00% |
| Operating Income | 18.29M | 20.91M | 13.32M | 8.99M | 6.20M | -185.44K | 4.86M | 3.05M | 2.31M | 1.47M | 20.91M |
| Operating Income Ratio | 28.24% | 67.95% | 67.14% | 68.93% | 63.83% | -1.85% | 76.75% | 86.17% | 90.13% | 95.06% | 40.00% |
| Total Other Income/Expenses | -2.39M | -1.30M | -1.32M | -1.07M | -1.43M | -79.40K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 15.90M | 20.91M | 13.32M | 8.99M | 6.20M | 7.77M | 4.86M | 3.05M | 2.31M | 1.47M | 20.91M |
| Income Before Tax Ratio | 24.55% | 67.95% | 67.14% | 68.93% | 63.83% | 77.35% | 76.76% | 86.17% | 90.13% | 95.06% | 40.00% |
| Income Tax Expense | 0.00 | -20.47M | -13.29M | -8.91M | -6.13M | 2.35M | -179.00 | -87.97K | -5.48K | -1.42M | 0.00 |
| Net Income | 15.90M | 20.91M | 13.32M | 8.99M | 6.20M | 7.77M | 4.86M | 3.05M | 2.31M | 1.47M | 20.91M |
| Net Income Ratio | 24.55% | 67.95% | 67.14% | 68.93% | 63.83% | 77.35% | 76.76% | 86.17% | 90.13% | 95.06% | 40.00% |
| EPS | 0.27 | 0.46 | 0.44 | 0.41 | 0.32 | 0.50 | 0.41 | 0.26 | 0.27 | 0.17 | 0.55 |
| EPS Diluted | 0.27 | 0.46 | 0.44 | 0.41 | 0.32 | 0.50 | 0.41 | 0.26 | 0.27 | 0.17 | 0.55 |
| Weighted Avg Shares Out | 44.24M | 37.74M | 26.32M | 22.12M | 19.42M | 15.43M | 11.96M | 11.10M | 8.53M | 8.53M | 37.74M |
| Weighted Avg Shares Out (Dil) | 44.24M | 37.75M | 26.32M | 22.12M | 19.42M | 15.43M | 11.96M | 11.53M | 8.53M | 8.53M | 37.75M |
Sachem Capital Corp. Announces Registered Public Offering of Notes
BRANFORD, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced the commencement of a registered public offering of USD-denominated unsecured, unsubordinated Notes due five years from the date of issuance (“Notes”), subject to market...
Sachem Capital Corp. Announces Appointment of Nicholas M. Marcello as Interim Chief Financial Officer
BRANFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced the appointment of Nicholas M. Marcello, as its interim Chief Financial Officer, effective immediately. John Villano, CPA, who previously served as both Chief Executive...
Sachem Capital Corp. (SACH) Lags Q1 Earnings Estimates
Sachem Capital Corp. (SACH) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.10 per share a year ago.
Sachem Capital Reports First Quarter 2024 Results – Revenues Grew 17.0% to $17.2 Million
BRANFORD, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the first quarter ended March 31, 2024.
Sachem Capital Sets Dates for First Quarter 2024 Earnings Release and Conference Call
BRANFORD, Conn., May 09, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its first quarter 2024 financial results before market open on Friday, May 10, 2024. A webcast and...
Who's Chasing Yield? 2 REITs Yielding 12%+
It's critical to examine the “margin of safety” with the dividend, to make sure that these picks don't turn into a so-called “sucker yield”. In general, long-term investors should consider REITs with dividends that are not just safe but also...
Sachem Capital: Avoid The 12% Common Dividend Yield For The Bonds
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Sachem Capital Corp. (SACH) Q4 2023 Earnings Call Transcript
Sachem Capital Corp. (SACH) Q4 2023 Earnings Call Transcript
Sachem Capital Reports Full Year 2023 Results
Revenues Increase, While Rising Interest Rates and Commercial Real Estate Values Impact Earnings Company to Host Webcast and Conference Call BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the...
Sachem Capital Corp. Announces Dividend of $0.11 Per Share
BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per share to be paid to shareholders of record as of...
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Category: Stock Reports