secwatch.observer — SEC 8-K summary
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Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001104659-24-118891
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital Q3 revenue $14.8M, net loss $0.13/share; provision for credit losses $8.1M
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- Total revenue $14.8M, down 17% from $17.8M in Q3 2023.
- Net loss $6.1M ($0.13 loss per share) vs net income $5.2M ($0.12 EPS) in prior year.
- Provision for credit losses $8.1M vs recovery of $0.1M in prior year quarter.
- Total assets $555.5M, down from $625.5M at Dec 2023; notes payable $260.5M.
- Declared quarterly dividend $0.05/share, payable Nov 26, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924118891/0001104659-24-118891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924118891/tm2428507d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-118891

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