Dec 31, 2022

Sachem Capital Q4 2022 Earnings Report

Sachem Capital reported record annual revenue and net income attributable to common shareholders.

Key Takeaways

Sachem Capital Corp. announced record 2022 annual revenue of $52.3 million and net income attributable to common shareholders of $17.2 million, or $0.46 per share.

Total revenue grew 71.8% to approximately $52.3 million.

Net income for 2022 attributable to common shareholders was approximately $17.2 million.

Net income per weighted average common share outstanding for 2022 was $0.46.

Total assets at December 31, 2022 were approximately $565.7 million.

Total Revenue
$15.9M
Previous year: $9.48M
+67.6%
EPS
$0.11
Previous year: $0.12
-8.3%
Gross Profit
$15.9M
Previous year: $9.48M
+67.6%
Cash and Equivalents
$23.7M
Previous year: $41.9M
-43.5%
Free Cash Flow
$454K
Previous year: $10.7M
-95.8%
Total Assets
$566M
Previous year: $418M
+35.3%

Sachem Capital

Sachem Capital