secwatch.observer — SEC 8-K summary
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Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001104659-22-118538
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital Q3 revenue up 58.9% to $13.5M; EPS $0.11, adjusted EPS $0.13
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- Revenue $13.5M (+58.9% YoY); net income $4.1M ($0.11 EPS) vs $3.4M ($0.12 EPS) in Q3 2021.
- Non-GAAP adjusted earnings $5.2M ($0.13 EPS); excludes unrealized losses on securities.
- Interest income $11.5M (+89.5%); origination fees $1.7M (+31.6%).
- Total assets $561.8M (+34.4% from Dec 2021); total liabilities $342.5M (+44%).
- Acquired Urbane New Haven, LLC to reduce construction-loan risk and add income streams.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000110465922118538/0001104659-22-118538-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000110465922118538/tm2230314d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-118538

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer