NYSE$SACH

Sachem Capital Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Revenue increased significantly due to growth in lending operations, resulting in net income and adjusted earnings.

Sachem Capital Corp. reported an 80.3% increase in revenue to $10.3 million for Q1 2022. Net income attributable to common shareholders was $3.4 million, and non-GAAP adjusted earnings reached $4.5 million.

  • Revenue increased by 80.3% to $10.3 million, driven by lending operations.
  • Net income attributable to common shareholders was $3.4 million, or $0.10 per share.
  • Non-GAAP adjusted earnings were $4.5 million, or $0.13 per share.
  • Total assets increased to $481.8 million, primarily due to growth in the mortgage loan portfolio.

Headline financials

Total Revenue

$10.3M

Previous: $5.71M+80.3%
EPS (adj)

$0.10

Previous: $0.10+0.0%
Capital Expenditures

-$3.66K

Previous: -$35.9K+89.8%
Free Cash Flow

$7.55M

Previous: $2.75M+174.3%
Net Income

$4.35M

Previous: $2.18M+99.3%
Operating Income

$9.63M

Previous: $5.52M+74.6%
Gross Profit

$10.3M

Previous: $5.71M+80.3%
Cash & Equivalents

$57.9M

Previous: $18.3M+215.4%
Total Assets

$482M

Previous: $228M+110.9%
Stock-Based Comp

$107K

Previous: $4.11K+2502.4%

Revenue & EPS history

Sachem Capital · Revenue · Quarterly

$10.3M

Q1 2022+80.3%vs Q1 2021
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

The company will host a conference call on Wednesday, May 4, 2022, to discuss its financial results for the first quarter ended March 31, 2022, as well as its outlook for the balance of 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.2%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.1%

Avg return

30 days after

46%

17 / 37 earnings

Positive

+37.6%

Q1 2026

Best reaction

-18.8%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+37.6%+19.8%-7.6%
Q4 2025+1.5%-11.5%-3.7%
Q3 2025+1.0%+0.9%+2.8%
Q2 2025-1.8%-2.6%+6.9%
Q1 2025-3.9%-6.5%-4.2%
Q4 2024-9.6%+0.9%-10.4%
Q3 2024-8.2%-15.4%-32.8%
Q2 2024-1.7%-1.3%+9.0%
Q1 2024+0.3%+1.6%-6.6%
Q4 2023-18.8%-19.1%-29.4%
Q3 2023+2.6%+3.5%+12.5%
Q2 2023-3.5%-3.7%+4.0%
Q1 2023-7.5%-6.3%-0.6%
Q4 2022+1.4%-1.1%-5.2%
Q3 2022+11.7%+7.5%+4.5%
Q2 2022-1.0%+0.6%-14.2%
Q1 2022+1.9%+1.9%+7.3%
Q4 2021+1.2%-1.7%-6.8%
Q3 2021+2.1%+1.6%+1.2%
Q2 2021-0.6%-5.5%+2.4%
Q1 2021+0.0%-2.3%+0.0%
Q4 2020+3.3%+4.8%-0.6%
Q3 2020+5.0%-0.2%+3.9%
Q2 2020+4.2%+2.3%-3.4%
Q1 2020+24.5%+6.1%+39.3%
Q4 2019-16.7%-19.6%+17.7%
Q3 2019-1.6%-1.2%+5.4%
Q2 2019-2.2%-2.8%-7.2%
Q1 2019+3.1%+4.9%+17.7%
Q4 2018-1.8%+2.7%+0.9%
Q3 2018-5.4%-4.4%-5.6%
Q2 2018+2.9%+0.5%+2.0%
Q1 2018-2.7%-0.5%+10.9%
Q4 2017-3.5%+2.6%+4.2%
Q3 2017-6.7%-10.3%-6.7%
Q2 2017+0.0%+2.1%-7.4%
Q1 2017+1.9%+0.8%-3.3%

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