---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-044598"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T17:44:08.264214+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital Q1 revenue down 32% YoY to $11.4M; net loss $213k vs prior-year profit

## Summary
- Revenue $11.4M vs $16.8M in Q1 2024; net loss to common $213k ($0.00 EPS) vs income $3.6M ($0.08).
- Total assets $491.4M, shareholders' equity $179.3M; book value per share fell to $2.57 from $2.64 at year-end.
- Common dividend maintained at $0.05 per share paid March 31; preferred dividend $0.484375 per share also paid.
- Insider Trading and Blackout Policy approved by Board on May 2, 2025 (Item 8.01).

## SEC filing metadata
- accession: 0001104659-25-044598
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465925044598/0001104659-25-044598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465925044598/tm2513939d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-044598
- JSON: https://secwatch.observer/filing/0001104659-25-044598.json
- Plain text: https://secwatch.observer/filing/0001104659-25-044598.txt

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