# SACHEM CAPITAL CORP (SACH) · Edgar & Edgarette company card

> Sachem Capital (SACH) saw revenue fall 11.2% in FY2024 to $58 million, operating margin -30.9% against a 24.7% median for real estate investment trusts, equity 36.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1682220 · fiscal year ended 2024-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SACH) · [JSON](https://www.pops4.com/boards/company/SACH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $58M |
| Revenue growth, 1 year | -11.2% |
| Revenue growth per year | 32.6% |
| Operating margin | -30.9% (prior year 23.2%) |
| Net margin | -68.8% |
| Operating cash flow | $13M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $18M |
| Long-term debt | $230M |
| Total assets | $492M |
| Total equity | $182M |
| Equity ÷ assets | 36.9% |
| Return on equity | -21.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Weathered boat · two warning signs · filed late quarterly report notice in the last 12 months; revenue is hard to predict: its 80% range is ±46%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $57.5M (FY2024), total debt $230.2M. Experience: revenue down 11.2% on the year, up 32.6% a year over 4 years; operating margin -30.9%, down from 23.2%. Soundness: equity 36.9% of assets, return on equity -21.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $36.0M and $96.2M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $37.3M to $92.9M. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin -30.9% against a 24.7% median; growth -11.2% against 3.7%.

## Health Watch, last 12 months

- Item NT 10-Q Late quarterly report notice: 1, latest 2026-05-18 ([filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000031/0001682220-26-000031-index.htm))

## Recent filings

- 8-K · filed 2026-10-23 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000067/0001682220-26-000067-index.htm)
- DEF 14A · filed 2026-09-11 · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000065/0001682220-26-000065-index.htm)
- 8-K · filed 2026-09-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000063/0001682220-26-000063-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000057/0001682220-26-000057-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000053/0001682220-26-000053-index.htm)
- 8-K · filed 2026-06-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1682220/000168222026000047/0001682220-26-000047-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001682220.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1682220

## Cite

POPS4, Edgar & Edgarette: SACHEM CAPITAL CORP (SACH) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SACH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Its latest audited year is FY2025, which reports no revenue; the revenue figures and the range here are from FY2024, its last year with revenue on record. Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.