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Jun 30, 2023
Sachem Capital Q2 2023 Earnings Report
Reported record revenue growth of 31.2% to $16.5 million.
Key Takeaways
Sachem Capital Corp. announced strong Q2 2023 earnings with a record revenue growth of 31.2% reaching $16.5 million. Net income attributable to common shareholders was approximately $4.8 million, or $0.11 per share. Total assets grew 10.3% to approximately $624.0 million.
Total revenue grew 31.2% to approximately $16.5 million compared to the same quarter last year.
Net income attributable to common shareholders was approximately $4.8 million, or $0.11 per share.
Total assets at June 30, 2023 grew 10.3% to approximately $624.0 million.
Company paid a quarterly dividend of $0.13 per share on August 11, 2023.
Sachem Capital
Sachem Capital
Forward Guidance
Sachem Capital Corp. will continue to be judicious in its approach to capital deployment to provide shareholders with long-term and sustainable risk-adjusted returns.