Sachem Capital Q2 revenue up 31.2% to $16.5M; EPS $0.11 vs $0.12 YoY

Sachem Capital Corp.

2023-Q2 EPS reported $0.21 revenue$31,166,043

Total revenue $16.5M, +31.2% YoY; net income $4.8M, EPS $0.11 (vs $0.12).
Interest income $11.9M vs $10.4M; total operating costs $10.8M (up 48%).
Total assets $624M, +10.3% from Dec 2022; equity $229M, up $11.3M.
Paid quarterly dividend $0.13/share on Aug 11, 2023 to holders of record Aug 7.
Company operates as a REIT and intends to distribute at least 90% of taxable income.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Sachem Capital Corp. reported the quarter ended June 30, 2023 results: revenue approximately $16.5 million, net income approximately $4.8 million, EPS $0.11 per share.

Period: the quarter ended June 30, 2023
Revenue: approximately $16.5 million
Net income: approximately $4.8 million
EPS: $0.11 per share
Result: reported results

Exact text from the filing

(EXHIBIT 99.1) --- EX-99.1 2 tm2323840d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 SACHEM CAPITAL REPORTS SECOND QUARTER 2023 RESULTS – PRODUCES RECORD REVENUE GROWTH OF 31.2% TO $16.5 MILLION - Company to Host Webcast and Conference Call - BRANFORD, Conn., August 14, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results

View on SEC.gov

Browse all earnings releases →

Sachem Capital Corp. filing history →

Source: SEC EDGAR

accession 0001104659-23-092574

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.