---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-092574"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:33:55.519297+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-092574
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465923092574/0001104659-23-092574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465923092574/tm2323840d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-092574
- JSON: https://secwatch.observer/filing/0001104659-23-092574.json
- Plain text: https://secwatch.observer/filing/0001104659-23-092574.txt

## Key facts
- Earnings Releases
  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
  source text: (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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682220/000110465923092574/0001104659-23-092574-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.