secwatch.observer — SEC 8-K summary
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Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001682220-25-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital Q2 2025 revenue down 28% to $10.8M; net income of $0.8M vs loss year ago
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- Total revenue $10.8M vs $15.1M in Q2 2024; net income attributable to common shareholders $0.8M ($0.02/sh) vs loss of $4.1M (-$0.09/sh) prior year.
- Net loans held for investment fell to $364.5M from $485.7M YoY; provision for credit losses decreased 89.1% to $0.9M.
- Closed private placement of $100M senior secured notes, contributing to total indebtedness of $315.5M.
- Book value per common share $2.54, down from $2.64 at Dec 31, 2024; paid $0.05/common share dividend on June 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000168222025000052/0001682220-25-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000168222025000052/sach-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001682220-25-000052

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