Sachem Capital Corp. operates as a real estate finance company. The company is involved in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property located primarily in Northeastern United States and Florida. It offers loans to real estate investors and owners to fund their acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal income taxes if it distributes at least 90% of its taxable income each year to its stockholders. Sachem Capital Corp. was founded in 2010 and is based in Branford, Connecticut.
Earnings for Sachem Capital Corp. (SACH)
Earnings in 2023 (TTM): $15.9 M
According to Sachem Capital Corp.'s latest financial reports the company's current earnings (TTM) are $15.9 M. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Sachem Capital Corp.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $15.9 M | $15.9 M |
| 2022 | $20.91 M | $20.91 M |
| 2021 | $13.32 M | $13.32 M |
| 2020 | $8.99 M | $8.99 M |
| 2019 | $6.2 M | $6.2 M |
| 2018 | $7.77 M | $7.77 M |
| 2017 | $4.86 M | $4.86 M |
| 2016 | $3.05 M | $3.05 M |
| 2015 | $2.31 M | $2.31 M |
| 2014 | $1.47 M | $1.47 M |
| 2001 | $20.91 M | $20.91 M |