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Sachem Capital (SACH) investor relations material
Sachem Capital Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on strengthening the balance sheet, improving liquidity, and disciplined portfolio management amid a challenging macroeconomic environment, while avoiding dilutive financings.
Completed $100 million senior secured notes private placement, using proceeds to repay $56.3 million of unsecured notes, extending debt maturity and improving liquidity.
Net income for Q3 2025 was $1.0 million, a significant improvement from a $5.1 million loss in Q3 2024; net loss attributable to common shareholders was $0.1 million.
Book value per share at quarter end was $2.47, down from $2.64 at December 31, 2024, mainly due to dividend payments.
Maintained disciplined underwriting and a strong pipeline for new loan opportunities.
Financial highlights
Total revenue for Q3 2025 was $12.0 million, down from $14.8 million year-over-year but up 11.4% sequentially from $10.8 million.
Interest income on loans was $8.3 million; loan fees $2 million; LLC investments $1.1 million.
Operating expenses were $12.4 million, down from $19.6 million a year ago, mainly due to a 90% reduction in provision for credit losses.
Net income attributable to common shareholders was a loss of $0.1 million for Q3 2025, versus a $6.1 million loss in Q3 2024.
Book value per share at quarter end was $2.47, down 2.8% from June 30, 2025.
Outlook and guidance
Confident in strategic direction and ability to capitalize on new opportunities as markets normalize, aiming to drive long-term shareholder value.
Focus remains on resolving legacy REO and NPL assets and pursuing accretive growth aligned with risk management.
Management expects current cash balances, debt facility availability, and operating cash flows to be sufficient for the next 12 months.
Dividend framework to be addressed in December, maintaining quarterly cadence and REIT compliance.
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- PRIC
Record Q4 order intake, new contracts, and improved cash flow despite lower sales and profits. - ENSI
Record revenue growth, positive EBITDA, and strong outlook with cash flow positivity expected by end-2026. - DWNI
Stable rental growth, Care segment sale, and positive 2025 outlook despite lower EBT. - JUBLINGREA
Volume growth in specialty and nutrition offset pricing headwinds; net debt down 20% YoY. - TRI
Strong organic growth, margin expansion, and capital returns set the stage for 2026 targets. - RUG
Record Q4 growth, higher margins, and a SEK 5.00 dividend highlight strong performance. - HSY
2026 outlook targets 4%-5% sales growth, margin recovery, and strong EPS rebound. - CMI
Strong 2025 results, $458M Accelera charges, and 2026 guidance targets growth and margin stability. - BLACKBUCK
Q3 FY26 delivered 53% YoY revenue growth and a return to profit, led by core and new segments. - KKR
Record earnings, AUM growth, and new sports investing platform drive strong 2025 results.
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