---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-028802"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T03:57:25.261519+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital reports FY2024 net loss of $43.9M ($0.93/sh); revenue down 11% to $57.5M

## Summary
- Net loss attributable to common shareholders $43.9M ($0.93 per share) vs prior year net income of $12.1M ($0.27).
- Total revenue $57.5M, down from $64.7M in 2023; interest income fell to $43.2M from $49.3M.
- Provision for credit losses surged $21.3M to $75.3M total operating expenses; net loss includes $39.6M operational loss.
- Total assets declined 21% to $492.0M; loans held for investment reduced by $130.5M.
- Entered new $50M revolving credit facility with Needham Bank, replacing $65M facility.

## SEC filing metadata
- accession: 0001104659-25-028802
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465925028802/0001104659-25-028802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465925028802/tm2510628d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-028802
- JSON: https://secwatch.observer/filing/0001104659-25-028802.json
- Plain text: https://secwatch.observer/filing/0001104659-25-028802.txt

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