NYSE$SACH

Sachem Capital Corp · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Sachem Capital's revenue increased by 42.8% and net income attributable to common shareholders increased for the quarter ended March 31, 2023.

Sachem Capital Corp. reported a 42.8% increase in total revenue to $14.7 million for the first quarter of 2023, driven by growth in lending operations. Net income attributable to common shareholders was approximately $4.2 million, or $0.10 per share.

  • Total revenue increased by 42.8% to $14.7 million compared to $10.3 million in the same quarter last year.
  • Interest income for the first quarter of 2023 was approximately $11.0 million, compared to $8.5 million in the 2022 period.
  • Net income attributable to common shareholders was approximately $4.2 million, or $0.10 per share.
  • Total assets increased to approximately $597.0 million, driven by growth in the mortgage loan portfolio and investment securities holdings.

Headline financials

Total Revenue

$14.7M

Previous: $10.3M+42.8%
EPS (adj)

$0.10

Previous: $0.10+0.0%
Capital Expenditures

-$711K

Previous: -$3.66K-19333.7%
Free Cash Flow

$4.3M

Previous: $7.55M-43.1%
Net Income

$5.12M

Previous: $4.35M+17.7%
Operating Income

$13M

Previous: $9.63M+34.7%
Gross Profit

$14.7M

Previous: $10.3M+42.2%
Cash & Equivalents

$20.3M

Previous: $57.9M-64.9%
Total Assets

$597M

Previous: $482M+23.9%
Stock-Based Comp

$173K

Previous: $107K+62.2%

Revenue & EPS history

Sachem Capital · Revenue · Quarterly

$14.7M

Q1 2023+42.8%vs Q1 2022
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

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 2023

Historical avgQ1 2023

+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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