NYSE$SACH

Sachem Capital Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported record annual revenue and net income attributable to common shareholders for 2021.

Sachem Capital Corp. reported record annual revenue of $30.4 million and net income attributable to common shareholders of $11.5 million for the year ended December 31, 2021. The company's loan pipeline remains robust heading into 2022, supported by recent public offerings of unsecured notes.

  • Generated solid year-over-year revenue growth.
  • Achieved record net income attributable to common shareholders of $11.5 million, or $0.44 per share, for 2021.
  • Maintained momentum with a robust loan pipeline heading into 2022.
  • Expanded lending operations across the U.S. with a presence in 14 states.

Headline financials

Total Revenue

$9.48M

Previous: $5.71M+66.0%
EPS (adj)

$0.12

Previous: $0.11+9.1%
Capital Expenditures

$4.54K

Previous: $30.5K-85.1%
Free Cash Flow

$10.7M

Previous: $2.21M+384.7%
Net Income

$4.29M

Previous: $2.3M+86.3%
Gross Profit

$9.48M

Previous: $5.71M+66.0%
Cash & Equivalents

$41.9M

Previous: $56.7M-26.0%
Total Assets

$418M

Previous: $227M+84.4%
Stock-Based Comp

$64.8K

Previous: $4.11K+1476.9%

Revenue & EPS history

Sachem Capital · Revenue · Quarterly

$9.48M

Q4 2021+66%vs Q4 2020
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Forward guidance

Sachem Capital Corp. is encouraged by the outlook for its business and looks forward to building upon its strong historical financial performance.

Tailwinds

  • Ability to close quickly.
  • Flexibility in structuring loans to suit the needs of borrowers.
  • Significant market opportunity for a well-capitalized “hard money” lender.
  • Originate attractively priced loans to small and mid-scale real estate developers with good collateral.
  • Continued growth in lending operations.

Headwinds

  • Rise in interest rates.

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 Q4 2021

Historical avgQ4 2021

+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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