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Sep 30, 2021
Sachem Capital Q3 2021 Earnings Report
Sachem Capital reported revenue growth of 100% and net income of $3.4 million.
Key Takeaways
Sachem Capital Corp. announced its financial results for Q3 2021, achieving 100% revenue growth and a net income of $3.4 million. The company's long-term strategy is proving effective, maintaining a robust loan pipeline and healthy balance sheet.
Achieved 100% revenue growth compared to the same period last year.
Reported a net income of $3.4 million for the third quarter of 2021.
Maintained a robust loan pipeline and healthy balance sheet.
Poised for further growth with proceeds from recent Series A Preferred offering and Churchill credit facility.
Sachem Capital
Sachem Capital
Forward Guidance
Sachem Capital is witnessing strong market demand for its loan products and remains highly encouraged by the outlook for the business.