For the quarter ending 2025-09-30, SACH made $25,041,000 in revenue. -$120,000 in net income. Net profit margin of -0.48%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Impairment loss on real estate owned | - | - | - | 123,000 |
| Total revenues | 12,000,000 | 10,775,000 | 11,442,000 | 14,375,000 |
| Change in valuation allowance related to loans held for sale | - | 1,043,000 | - | 1,220,000 |
| Interest and amortization of deferred financing costs | 6,565,000 | 6,139,000 | 6,094,000 | 6,949,500 |
| Compensation and employee benefits | 2,334,000 | 1,821,000 | 1,771,000 | 1,706,000 |
| General and administrative expenses | 1,679,000 | 1,304,000 | 1,355,000 | 1,710,250 |
| Provision for credit losses related to loans held for investment | 812,000 | 925,000 | 1,052,000 | 6,732,000 |
| Change in valuation allowance related to loans held for sale | -33,000 | - | - | - |
| Impairment loss on real estate owned | 185,000 | - | - | - |
| Loss (gain) on sale of real estate owned and property and equipment, net | -312,000 | 131,000 | - | 109,750 |
| Change in valuation allowance related to loans held for sale | - | - | -4,000 | - |
| Other expenses | 447,000 | 694,000 | 145,000 | 488,000 |
| Total operating expenses | 12,367,000 | 9,709,000 | 10,413,000 | 18,819,000 |
| Operating (loss) income | -367,000 | 1,066,000 | 1,029,000 | -4,444,000 |
| Gain (loss) on equity securities | 1,364,000 | 821,000 | -125,000 | 44,500 |
| Loss on sale of loans | - | - | - | -5,493,250 |
| Total other income, net | 1,364,000 | 821,000 | -125,000 | -5,448,750 |
| Net income (loss) | 997,000 | 1,887,000 | 904,000 | -9,892,750 |
| Preferred stock dividends | 1,117,000 | 1,118,000 | 1,117,000 | 1,076,000 |
| Net (loss) income attributable to common shareholders | -120,000 | 769,000 | -213,000 | -10,968,750 |
| Basic earnings (loss) per common share (in dollars per share) | 0 | 0.02 | 0 | -0.233 |
| Basic weighted average common shares outstanding (in shares) | 46,902,151 | 46,875,187 | 46,784,744 | 11,853,253 |
| Diluted earnings (loss) per common share (in dollars per share) | 0 | 0.02 | 0 | -0.233 |
| Diluted weighted average common shares outstanding (in shares) | 46,902,151 | 46,875,187 | 46,784,744 | 11,853,253 |
Sachem Capital Corp. (SACH)
Sachem Capital Corp. (SACH)