Sachem Capital Corp. - Understand $sach stock

$SACH Market Cap: $65.75 Million

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Financial Snapshot

Revenue

$64.04M

TTM

Gross Margin

54.99%

TTM

Net Earnings

-$5.525M

TTM

Current Assets

$20.66M

Q3 2024

Current Liabilities

$45.85M

Q3 2024

Current Ratio

45.06%

Q3 2024

Total Assets

$555.5M

Q3 2024

Total Liabilities

$334.9M

Q3 2024

Book Value

$220.6M

Q3 2024

Cash

$5.900M

Q3 2024

P/E

-11.90

Dec 02, 2024 EST

Free Cash Flow

$14.05M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$65.61M	$52.28M	$30.42M	$18.60M	$12.68M	$11.71M	$6.997M	$4.065M	$2.787M	$1.559M
YoY Change	25.51%	71.82%	63.55%	46.7%	8.26%	67.41%	72.12%	45.87%	78.7%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$65.61M	$52.28M	$30.42M	$18.60M	$12.68M	$11.71M	$6.997M	$4.065M	$2.787M	$1.559M
Cost Of Revenue	$29.19M	$21.55M	$10.47M	$5.596M	$3.073M	$1.720M	$819.5K	$539.8K	$226.8K	$13.53K
Gross Profit	$36.42M	$30.73M	$19.92M	$12.92M	$9.538M	$9.817M	$6.089M	$3.525M	$2.560M	$1.546M
Gross Profit Margin	55.51%	58.78%	65.48%	69.46%	75.22%	83.81%	87.02%	86.72%	91.86%	99.13%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$12.22M	$8.413M	$5.366M	$2.991M	$2.556M	$2.121M	$1.288M	$437.7K	$212.7K	$75.90K
YoY Change	45.31%	56.78%	79.39%	17.04%	20.48%	64.68%	194.3%	105.83%	180.18%
% of Gross Profit	33.57%	27.38%	26.94%	23.15%	26.8%	21.61%	21.16%	12.42%	8.31%	4.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$266.3K	$106.4K	$83.53K	$61.87K	$63.57K	$32.53K	$28.36K			$0.00
YoY Change	150.28%	27.4%	35.01%	-2.68%	95.41%	14.71%
% of Gross Profit	0.73%	0.35%	0.42%	0.48%	0.67%	0.33%	0.47%			0.0%
Operating Expenses	$19.64M	$8.957M	$5.718M	$3.125M	$2.550M	$2.052M	$1.228M	$386.7K	$247.6K	$76.07K
YoY Change	119.23%	56.65%	82.98%	22.54%	24.27%	67.09%	217.62%	56.2%	225.42%
Operating Profit	$16.78M	$21.77M	$14.20M	$9.796M	$6.988M	$7.764M	$4.861M	$3.139M	$2.312M	$1.470M
YoY Change	-22.91%	53.26%	44.99%	40.18%	-10.0%	59.74%	54.87%	35.73%	57.33%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$1.033M	$544.7K	$432.9K
YoY Change	89.56%	25.83%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$15.90M	$20.91M	$13.32M	$8.994M	$6.196M	$7.772M	$4.861M	$3.051M	$2.307M	$1.470M
YoY Change	-23.96%	56.99%	48.09%	45.16%	-20.28%	59.89%	59.34%	32.24%	56.95%
Income Tax	$90.44K	$0.00							$0.00	$0.00
% Of Pretax Income	0.57%	0.0%							0.0%	0.0%
Net Earnings	$12.10M	$20.91M	$13.32M	$8.994M	$6.196M	$7.772M	$4.861M	$3.051M	$2.307M	$1.470M
YoY Change	-42.11%	56.99%	48.09%	45.16%	-20.28%	59.89%	59.34%	32.24%	56.95%
Net Earnings / Revenue	18.45%	40.0%	43.78%	48.35%	48.86%	66.35%	69.47%	75.04%	82.78%	94.25%
Basic Earnings Per Share	$0.27	$0.46	$0.44	$0.41	$0.32	$0.50	$0.38	$0.00
Diluted Earnings Per Share	$0.27	$0.46	$0.44	$0.41	$0.32	$0.50	$0.38	$0.00	$200.0K	$127.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$12.60M	$23.71M	$41.94M	$19.41M	$18.84M	$99.31K	$954.2K	$1.562M	$1.834M	$5.875M
YoY Change	-46.87%	-43.46%	116.09%	3.0%	18872.85%	-89.59%	-38.9%	-14.84%	-68.78%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$511.0K	$410.4K	$271.3K	$71.31K	$24.73K	$14.87K	$4.520K			$0.00
YoY Change	24.53%	51.27%	280.44%	188.35%	66.31%	228.98%
Inventory
Prepaid Expenses
Receivables	$8.475M	$6.310M	$3.694M	$1.820M	$1.512M	$1.552M	$880.1K	$661.8K	$283.0K	$143.0K
Other Receivables	$7.519M	$8.797M	$3.765M	$2.093M	$840.9K	$695.2K	$451.8K	$81.91K	$60.50K	$107.5K
Total Short-Term Assets	$29.10M	$39.23M	$49.67M	$23.39M	$21.22M	$2.361M	$2.291M	$2.306M	$2.178M	$6.125M
YoY Change	-25.81%	-21.02%	112.33%	10.24%	798.6%	3.09%	-0.65%	5.88%	-64.45%
Property, Plant & Equipment	$3.373M	$4.122M	$2.172M	$1.433M	$9.604M	$4.124M	$1.726M	$1.620M	$1.001M	$427.3K
YoY Change	-18.15%	89.75%	51.54%	-85.08%	132.92%	138.88%	6.56%	61.82%	134.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$91.37M	$55.41M	$66.69M	$37.29M	$15.95M
YoY Change	64.9%	-16.92%	78.82%	133.82%
Other Assets	$694.8K	$54.55K	$264.5K	$72.81K	$16.60K	$626.0K	$206.8K	$67.48K	$38.99K	$53.83K
YoY Change	1173.68%	-79.37%	263.21%	338.61%	-97.35%	202.76%	206.39%	73.07%	-27.57%
Total Long-Term Assets	$596.4M	$526.4M	$368.3M	$203.3M	$120.0M	$83.65M	$65.20M	$36.06M	$28.62M	$15.33M
YoY Change	13.3%	42.94%	81.18%	69.41%	43.44%	28.29%	80.8%	26.02%	86.68%
Total Assets	$625.5M	$565.7M	$418.0M	$226.7M	$141.2M	$86.01M	$67.49M	$38.37M	$30.80M	$21.46M
YoY Change
Accounts Payable	$1.331M	$1.110M	$501.8K	$372.7K	$249.9K	$316.4K	$390.8K	$196.1K
YoY Change	19.89%	121.18%	34.64%	49.14%	-21.03%	-19.03%	99.28%
Accrued Expenses	$482.4K	$323.4K	$164.7K	$3.340K	$3.420K	$176.6K	$40.59K	$24.35K	$37.83K	$13.28K
YoY Change	49.15%	96.33%	4832.04%	-2.34%	-98.06%	335.13%	66.69%	-35.63%	184.86%
Deferred Revenue
YoY Change
Short-Term Debt	$61.79M	$3.588M	$33.18M	$28.06M	$0.00	$27.22M	$9.842M	$8.114M	$6.000M	$5.000M
YoY Change	1622.25%	-89.19%	18.26%		-100.0%	176.57%	21.29%	35.23%	20.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$80.26M	$20.26M	$52.84M	$32.93M	$1.109M	$31.86M	$10.80M	$9.593M	$6.376M	$5.233M
YoY Change	296.22%	-61.67%	60.45%	2868.4%	-96.52%	195.15%	12.53%	50.46%	21.85%
Long-Term Debt	$309.9M	$323.3M	$180.4M	$110.7M	$56.34M	$291.0K	$1.025M	$0.00	$0.00	$0.00
YoY Change	-4.16%	79.24%	62.93%	96.54%	19260.55%	-71.6%
Other Long-Term Liabilities	$5.312M	$4.360M	$4.643M	$2.099M	$1.206M	$1.058M	$1.108M	$290.5K	$190.0K	$118.7K
YoY Change	21.82%	-6.1%	121.19%	74.11%	13.92%	-4.51%	281.6%	52.86%	60.06%
Total Long-Term Liabilities	$315.2M	$327.7M	$185.0M	$112.8M	$57.54M	$1.349M	$2.133M	$290.5K	$190.0K	$118.7K
YoY Change	-3.81%	77.1%	64.01%	96.07%	4164.23%	-36.74%	634.35%	52.86%	60.06%
Total Liabilities	$395.5M	$348.0M	$237.9M	$145.8M	$58.65M	$33.21M	$12.93M	$9.884M	$6.566M	$5.351M
YoY Change	13.65%	46.27%	63.21%	148.51%	76.6%	156.89%	30.8%	50.53%	22.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	44.24M	37.74M	26.32M	22.12M	19.42M	15.43M	11.96M	0.000 shares
Diluted Shares Outstanding	44.24M	37.75M	26.32M	22.12M	19.42M	15.43M	0.000	0.000 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $65.751 Million

About Sachem Capital Corp.

Sachem Capital Corp. is a real estate finance company, which engages in the provision of real estate investment trust services. The company is headquartered in Branford, Connecticut and currently employs 32 full-time employees. The company went IPO on 2017-02-10. The company offers short-term secured, nonbanking loan to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. Its typical borrower is a real estate investor or developer who uses the proceeds of the loan to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties and that are held for investment or sale. Its primary objective is to grow its loan portfolio while protecting and preserving capital in a manner that provides for attractive risk-adjusted returns to its shareholders over the long term through dividends. The mortgaged property may or may not be income-producing. Its loans are referred to in the real estate finance industry as hard money loans.

Industry: Real Estate Investment Trusts Peers: AG Mortgage Investment Trust, Inc. Angel Oak Mortgage REIT, Inc. ANNALY CAPITAL MANAGEMENT INC Cherry Hill Mortgage Investment Corp Chicago Atlantic Real Estate Finance, Inc. Lument Finance Trust, Inc. Rithm Property Trust Inc. NexPoint Real Estate Finance, Inc. Seven Hills Realty Trust