Sachem Capital Corp. (SACC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
568 EAST MAIN STREET BRANFORD, CT 06405 |
| State of Incorp. | NY |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12,375 | 56,846 | 50,374 | 62,857 | 52,330 | 56,687 | |||
| Cash and cash equivalents | 10,577 | 18,413 | 12,598 | 25,812 | 15,129 | 20,333 | |||
| Short-term investments | 1,798 | 38,433 | 37,776 | 37,045 | 37,201 | 36,354 | |||
| Receivables | 476,469 | ||||||||
| Other current assets | 66 | 235 | 4,737 | 5 | 567 | 459 | |||
| Financing receivable, accrued interest, after allowance for credit loss | ✕ | ✕ | ✕ | 68,100 | |||||
| Total current assets: | 12,441 | 57,081 | 123,211 | 62,861 | 52,898 | 533,615 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 3,277 | 3,331 | 3,373 | 3,434 | 4,535 | 4,792 | |||
| Intangible assets, net (including goodwill) | 1,089 | 1,090 | 1,090 | 521 | 521 | 521 | |||
| Goodwill | 391 | 391 | 391 | 391 | 391 | 391 | |||
| Intangible assets, net (excluding goodwill) | 698 | 699 | 699 | 130 | 130 | 130 | |||
| Total noncurrent assets: | 4,366 | 4,421 | 4,463 | 3,955 | 5,056 | 5,314 | |||
| Other undisclosed assets | 569,514 | 565,026 | 497,864 | 571,032 | 566,077 | 58,068 | |||
| TOTAL ASSETS: | 586,321 | 626,527 | 625,539 | 637,848 | 624,031 | 596,997 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 356,153 | 389,084 | 395,464 | 402,320 | 394,988 | 368,001 | |||
| Total liabilities: | 356,153 | 389,084 | 395,464 | 402,320 | 394,988 | 368,001 | |||
| Equity | |||||||||
| Equity, attributable to parent | 230,168 | 237,443 | 230,075 | 235,528 | 229,043 | 228,996 | |||
| Preferred stock | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Common stock | 48 | 47 | 47 | 45 | 44 | 44 | |||
| Additional paid in capital | 255,928 | 253,670 | 249,826 | 243,834 | 236,595 | 235,709 | |||
| Accumulated other comprehensive income (loss) | 190 | 316 | (460) | (376) | (470) | ||||
| Accumulated deficit | (25,810) | (16,467) | (20,115) | (7,894) | (7,222) | (6,289) | |||
| Total equity: | 230,168 | 237,443 | 230,075 | 235,528 | 229,043 | 228,996 | |||
| TOTAL LIABILITIES AND EQUITY: | 586,321 | 626,527 | 625,539 | 637,848 | 624,031 | 596,997 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,146 | 17,201 | 16,909 | 17,534 | 16,458 | 14,708 | ||
| Cost of revenue | (17,126) | (11,292) | (15,961) | (9,954) | (8,935) | (8,588) | ||
| Provision for loan, lease, and other losses | (8,503) | (1,312) | (5,485) | (56) | ||||
| Gross profit: | (1,980) | 5,909 | 948 | 7,581 | 7,523 | 6,120 | ||
| Operating expenses | (1,335) | (1,239) | (2,057) | (1,390) | (1,825) | (1,000) | ||
| Other operating expense, net (Other Expenses) | (362) | (557) | (399) | (336) | (213) | (84) | ||
| Other undisclosed operating income | 362 | |||||||
| Operating income (loss): | (3,315) | 4,114 | (1,509) | 5,854 | 5,485 | 5,037 | ||
| Nonoperating income (expense) | 259 | |||||||
| Income (loss) from continuing operations before income taxes: | (3,056) | 4,114 | (1,509) | 5,854 | 5,485 | 5,037 | ||
| Income tax expense | (190) | |||||||
| Other undisclosed loss from continuing operations | (90) | |||||||
| Income (loss) from continuing operations: | (3,056) | 3,924 | (1,599) | 5,854 | 5,485 | 5,037 | ||
| Other undisclosed net income | 747 | 490 | 84 | |||||
| Net income (loss): | (3,056) | 4,670 | (1,109) | 5,854 | 5,485 | 5,120 | ||
| Other undisclosed net income attributable to parent | 336 | 213 | ||||||
| Net income (loss) attributable to parent: | (3,056) | 4,670 | (1,109) | 6,190 | 5,698 | 5,120 | ||
| Other undisclosed net loss available to common stockholders, basic | (1,068) | (1,022) | (979) | (967) | (925) | (925) | ||
| Net income (loss) available to common stockholders, diluted: | (4,124) | 3,649 | (2,088) | 5,223 | 4,773 | 4,195 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,056) | 4,670 | (1,109) | 5,854 | 5,485 | 5,120 | ||
| Other comprehensive income (loss) | 170 | 84 | (94) | |||||
| Comprehensive income (loss): | (3,056) | 4,670 | (939) | 5,937 | 5,391 | 5,120 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (191) | (1,147) | (374) | (797) | (524) | (833) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,247) | 3,523 | (1,313) | 5,140 | 4,867 | 4,287 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.