SACH, SACH-PA, SCCD, SCCE, SCCF, SCCG · CIK 0001682220 · operating
Sachem Capital Corp. operates as a mortgage REIT focused on originating and managing a portfolio of short-term loans secured by first mortgage liens on residential and commercial real property. The company underwrites, funds, and services these loans, which are designed to finance property acquisition, renovation, rehabilitation, development, and improvement projects. The firm targets real estate investors and developers as primary borrowers and offers non-bank lending products in an market segment traditionally served by alternative finance providers.
The company generates revenue through loan origination, servicing, and management activities on its mortgage portfolio. It has elected treatment as a real estate investment trust, which exempts it from corporate income taxation on distributions to shareholders. Sachem Capital operates with a lean organizational structure of 28 full-time employees and maintains its headquarters in Branford, Connecticut. The company was founded in 2010 and previously operated under the name HML Capital Corp. before rebranding in December 2016.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.93 | $-0.93 | -444.4% | |
| 2023 | $0.27 | $0.27 | -41.3% | |
| 2022 | $0.46 | $0.46 | +4.5% | |
| 2021 | $0.44 | $0.44 | +7.3% | |
| 2020 | $0.41 | $0.41 | +28.1% | |
| 2019 | $0.32 | $0.32 | -36.0% | |
| 2018 | $0.50 | $0.50 | +31.6% | |
| 2017 | $0.38 | $0.38 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-31 | 0001410578-25-000587 | SEC ↗ |
| 2023-12-31 | 2024-04-01 | 0001410578-24-000381 | SEC ↗ |
| 2022-12-31 | 2023-03-31 | 0001410578-23-000507 | SEC ↗ |
| 2021-12-31 | 2022-03-31 | 0001410578-22-000767 | SEC ↗ |
| 2020-12-31 | 2021-03-31 | 0001104659-21-044384 | SEC ↗ |
| 2019-12-31 | 2020-03-30 | 0001104659-20-039904 | SEC ↗ |
| 2018-12-31 | 2019-03-29 | 0001144204-19-017051 | SEC ↗ |
| 2017-12-31 | 2018-04-02 | 0001144204-18-018601 | SEC ↗ |
| 2016-12-31 | 2017-04-07 | 0001144204-17-019485 | SEC ↗ |