Sachem Capital Financials

SACH

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Sachem Capital (SACH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$57.5M

YoY-11.2%

5Y CAGR+35.3%

Sachem Capital generated $57.5M in revenue in fiscal year 2024. This represents a decrease of 11.2% from the prior year.

EBITDA

-$17.7M

YoY-215.5%

Sachem Capital's EBITDA was -$17.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 215.5% from the prior year.

Free Cash Flow

N/A

Net Income

-$39.6M

YoY-348.9%

Sachem Capital reported -$39.6M in net income in fiscal year 2024. This represents a decrease of 348.9% from the prior year.

EPS (Diluted)

$-0.93

YoY-444.4%

Sachem Capital earned $-0.93 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 444.4% from the prior year.

Cash & Debt

$18.1M

YoY+43.4%

5Y CAGR-0.8%

Sachem Capital held $18.1M in cash against $230.2M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

47M

YoY+0.4%

5Y CAGR+16.3%

Sachem Capital had 47M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.

Gross Margin

N/A

Operating Margin

-30.9%

YoY-54.1pp

Sachem Capital's operating margin was -30.9% in fiscal year 2024, reflecting core business profitability. This is down 54.1 percentage points from the prior year.

Net Margin

-68.8%

YoY-93.4pp

5Y CAGR-117.7pp

Sachem Capital's net profit margin was -68.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 93.4 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$1.5M

YoY+558.8%

Sachem Capital spent $1.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 558.8% from the prior year.

Capital Expenditures

N/A

SACH Income Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Revenue	$57.5M-11.2%	$64.7M+23.9%	$52.3M+71.8%	$30.4M+63.5%	$18.6M+46.7%	$12.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.8M+38.1%	$5.0M+60.0%	$3.1M+38.1%	$2.2M+298.7%	$563K+17.6%	$479K
Operating Income	-$17.8M-218.2%	$15.0M	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$200K	$0	$0	N/A	N/A	N/A
Net Income	-$39.6M-348.9%	$15.9M-24.0%	$20.9M+57.0%	$13.3M+48.1%	$9.0M+45.2%	$6.2M
EPS (Diluted)	$-0.93-444.4%	$0.27-41.3%	$0.46+4.5%	$0.44+7.3%	$0.41+28.1%	$0.32

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$12.0M+11.4%	$10.8M-5.8%	$11.4M+6.3%	$10.8M-27.2%	$14.8M-2.4%	$15.1M-9.9%	$16.8M+5.1%	$16.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.7M+28.8%	$1.3M-3.8%	$1.4M-33.7%	$2.0M-11.2%	$2.3M+82.9%	$1.3M+1.5%	$1.2M-12.2%	$1.4M
Operating Income	-$367K-134.4%	$1.1M+3.6%	$1.0M+107.3%	-$14.1M-192.6%	-$4.8M-54.7%	-$3.1M-172.9%	$4.3M	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	$0	$0	$0-100.0%	$200K	$0
Net Income	$997K-47.2%	$1.9M+108.7%	$904K+102.5%	-$36.1M-615.4%	-$5.1M-65.3%	-$3.1M-165.4%	$4.7M+521.0%	-$1.1M
EPS (Diluted)	$0.00-100.0%	$0.02	$0.00+100.0%	$-0.79-507.7%	$-0.13-44.4%	$-0.09-212.5%	$0.08+233.3%	$-0.06

SACH Balance Sheet

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Total Assets	$492.0M-20.8%	$620.9M+9.8%	$565.7M+35.3%	$418.0M+84.4%	$226.7M+60.5%	$141.2M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$18.1M+43.4%	$12.6M-46.9%	$23.7M-43.5%	$41.9M+116.1%	$19.4M+3.0%	$18.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$391K0.0%	$391K0.0%	$391K	N/A	N/A	N/A
Total Liabilities	$310.3M-20.6%	$390.8M+12.3%	$348.0M+46.3%	$237.9M+63.2%	$145.8M+148.5%	$58.7M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$230.2M-20.2%	$288.4M0.0%	$288.4M	N/A	N/A	$784K
Total Equity	$181.7M-21.0%	$230.1M+5.7%	$217.7M+20.9%	$180.1M+122.5%	$80.9M-2.0%	$82.6M
Retained Earnings	N/A	-$20.1M-151.6%	-$8.0M-60.1%	-$5.0M-72.7%	-$2.9M-128.2%	-$1.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$484.4M-3.5%	$501.8M+2.1%	$491.4M-0.1%	$492.0M-11.4%	$555.5M-5.3%	$586.3M-6.4%	$626.5M+0.9%	$620.9M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$11.2M-50.3%	$22.5M-7.9%	$24.4M+35.1%	$18.1M+207.2%	$5.9M-44.4%	$10.6M-42.6%	$18.4M+46.2%	$12.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$391K0.0%	$391K0.0%	$391K0.0%	$391K0.0%	$391K0.0%	$391K0.0%	$391K0.0%	$391K
Total Liabilities	$308.8M-4.7%	$323.9M+3.8%	$312.1M+0.6%	$310.3M-7.3%	$334.9M-6.0%	$356.2M-8.5%	$389.1M-0.4%	$390.8M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	$230.2M0.0%	$230.2M-13.0%	$264.7M0.0%	$264.7M-8.2%	$288.4M0.0%	$288.4M
Total Equity	$175.6M-1.3%	$177.9M-0.8%	$179.3M-1.3%	$181.7M-17.7%	$220.6M-4.2%	$230.2M-3.1%	$237.4M+3.2%	$230.1M
Retained Earnings	N/A	N/A	N/A	N/A	-$35.8M-38.5%	-$25.8M-56.7%	-$16.5M+18.1%	-$20.1M

SACH Cash Flow Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$12.9M-41.0%	$21.9M+66.2%	$13.1M-52.7%	$27.8M+188.8%	$9.6M+18.6%	$8.1M
Capital Expenditures	N/A	N/A	$1.6M+92.3%	$822K+452.4%	$149K-38.5%	$242K
Free Cash Flow	N/A	N/A	$11.6M-57.1%	$27.0M+184.7%	$9.5M+20.4%	$7.9M
Investing Cash Flow	$79.9M+210.2%	-$72.5M+54.6%	-$159.5M+3.9%	-$166.0M-100.4%	-$82.8M-119.0%	-$37.8M
Financing Cash Flow	-$87.3M-321.0%	$39.5M-69.2%	$128.2M-20.3%	$160.7M+117.9%	$73.8M+52.4%	$48.4M
Dividends Paid	$16.5M-24.7%	$21.9M+16.6%	$18.8M+53.3%	$12.3M+54.1%	$8.0M	N/A
Share Buybacks	$1.5M+558.8%	$226K	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$191K	N/A	N/A	N/A	$4.2M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	$5.7M	N/A	N/A	N/A	$4.3M	N/A
Financing Cash Flow	N/A	N/A	$410K	N/A	N/A	N/A	-$2.7M	N/A
Dividends Paid	N/A	N/A	$2.4M	N/A	N/A	N/A	$5.1M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SACH Financial Ratios

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-30.9%-54.1pp	23.2%	N/A	N/A	N/A	N/A
Net Margin	-68.8%-93.4pp	24.6%-15.5pp	40.0%-3.8pp	43.8%-4.6pp	48.4%-0.5pp	48.9%
Return on Equity	N/A	6.9%-2.7pp	9.6%+2.2pp	7.4%-3.7pp	11.1%+3.6pp	7.5%
Return on Assets	-8.0%-10.6pp	2.6%-1.1pp	3.7%+0.5pp	3.2%-0.8pp	4.0%-0.4pp	4.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.27+0.0	1.25-0.1	1.320.0	1.32-0.5	1.80+1.8	0.01
FCF Margin	N/A	N/A	22.1%-66.6pp	88.7%+37.7pp	50.9%-11.2pp	62.1%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-3.1%-13.0pp	9.9%+0.9pp	9.0%+140.1pp	-131.1%-98.4pp	-32.6%-12.0pp	-20.6%-46.0pp	25.4%	N/A
Net Margin	8.3%-9.2pp	17.5%+9.6pp	7.9%+343.5pp	-335.6%-301.5pp	-34.2%-14.0pp	-20.2%-48.0pp	27.8%+34.7pp	-6.9%
Return on Equity	0.6%-0.5pp	1.1%+0.6pp	0.5%	N/A	N/A	N/A	2.0%	N/A
Return on Assets	0.2%-0.2pp	0.4%+0.2pp	0.2%+7.5pp	-7.3%-6.4pp	-0.9%-0.4pp	-0.5%-1.3pp	0.8%+0.9pp	-0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.76-0.1	1.82+0.5	1.28+0.0	1.27+0.1	1.20+0.0	1.15-0.1	1.21-0.0	1.25
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Financial Health Signals

Piotroski F-Score Weak

3/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Mixed

-0.33x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

What is Sachem Capital's annual revenue?

Sachem Capital (SACH) reported $57.5M in total revenue for fiscal year 2024. This represents a -11.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sachem Capital's revenue growing?

Sachem Capital (SACH) revenue declined by 11.2% year-over-year, from $64.7M to $57.5M in fiscal year 2024.

Is Sachem Capital profitable?

No, Sachem Capital (SACH) reported a net income of -$39.6M in fiscal year 2024, with a net profit margin of -68.8%.

What is Sachem Capital's earnings per share (EPS)?

Sachem Capital (SACH) reported diluted earnings per share of $-0.93 for fiscal year 2024. This represents a -444.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Sachem Capital's EBITDA?

Sachem Capital (SACH) had EBITDA of -$17.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Sachem Capital have?

As of fiscal year 2024, Sachem Capital (SACH) had $18.1M in cash and equivalents against $230.2M in long-term debt.

What is Sachem Capital's operating margin?

Sachem Capital (SACH) had an operating margin of -30.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Sachem Capital's net profit margin?

Sachem Capital (SACH) had a net profit margin of -68.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Sachem Capital's operating cash flow?

Sachem Capital (SACH) generated $12.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Sachem Capital's total assets?

Sachem Capital (SACH) had $492.0M in total assets as of fiscal year 2024, including both current and long-term assets.

Does Sachem Capital buy back shares?

Yes, Sachem Capital (SACH) spent $1.5M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Sachem Capital have outstanding?

Sachem Capital (SACH) had 47M shares outstanding as of fiscal year 2024.

What is Sachem Capital's debt-to-equity ratio?

Sachem Capital (SACH) had a debt-to-equity ratio of 1.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sachem Capital's return on assets (ROA)?

Sachem Capital (SACH) had a return on assets of -8.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Sachem Capital's Piotroski F-Score?

Sachem Capital (SACH) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Sachem Capital's earnings high quality?

Sachem Capital (SACH) has an earnings quality ratio of -0.33x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.