Sachem Capital

Q2 FY2026 EarningsQ2 FY26 missed consensus estimates significantly across all profitability metrics, reporting a GAAP net loss of $6.5M and EPS of -$0.14 vs. -$0.02 expected. Total revenue of $8.6M fell 22.9% short of the $11.2M consensus, impacted by lower loan originations and lower interest income from limited liability investments. Performance was further weighed down by $2.6M in credit loss provisions and $2.6M in transaction expenses related to the pending IRG merger, resulting in a book value decline to $2.11 vs. the $2.19 consensus.