
Overview
StorageVault Q2 revenue rises 12.7% yr/yr, beating analyst expectation
Company reports Q2 net loss of C$6.2 mln, impacted by non-cash items
StorageVault increases Q3 2025 dividend by 0.5%
Outlook
StorageVault expects C$8.3 mln annual NOI growth in next 3 yrs
Company to focus on disciplined asset purchases in H2 2025
Result Drivers
SAME STORE GROWTH - Same store revenue increased by 6.6%, contributing to overall revenue growth
COST CONTROL - Emphasis on cost control helped improve NOI by 5.2%
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | C$83.50 mln | C$79.60 mln (1 Analyst) |
Q2 Net Income |
| -C$6.20 mln |
|
Q2 FFO |
| C$20.30 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy"
Wall Street's median 12-month price target for Storagevault Canada Inc is C$5.00, about 16% above its July 22 closing price of C$4.20
Press Release: ID:nGNX6Vglvh