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Sachem Capital Corp. 6.875% Not

SACC•AMEX
Real Estate
REIT - Industrial
$24.98
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $3.10M in Q4 2023 to $14.79M in Q3 2024. Gross profit remained healthy with margins at 98% in Q3 2024 compared to 100% in Q4 2023. Operating income hit -$4.82M last quarter, sustaining a consistent -33% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$4.82M. Net income dropped to -$6.15M, while earnings per share reached -$0.10. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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