Sachem Capital Q2 2023 Earnings Report
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
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Sachem Capital Revenue by Segment
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.