Storagevault Canada Inc SVAUF

Primary Symbol: T.SVI Alternate Symbol(s): T.SVI.DB.B | T.SVI.DB | T.SVI.DB.C

StorageVault Canada Inc. is a Canada-based storage company. The Company's primary business is owning, managing and renting self-storage and portable storage space to individuals and commercial customers. It operates three business segments: self storage, portable storage and management fees. It is represented regionally under the various brands: Access Storage, Sentinel Storage, Depotium Mini-Entrepot and Cubeit Portable Storage. It also provides last mile storage and logistics solutions through FlexSpace Logistics and professional records management services, such as document and media storage, imaging and shredding services through RecordXpress. It owns and operates approximately 251 storage locations across Canada. It owns 221 of these locations plus over 5,000 portable storage units representing over 12.5 million rentable square feet on over 725 acres of land. It offers self-storage solutions to residential clients who are in a state of transition.

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Storagevault Canada Inc

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Post by retiredcfon Jul 28, 2022 7:33am

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Post# 34856182

Q2 Beat + Div Increase

Based on this, it's a nearly $6M beat on revenue. GLTA

StorageVault Canada Inc. reported second-quarter revenue increased to $66-million compared to $51.7-million in the year-ago quarter. The expectation was for revenue of $60.3-million, according to S&P Capital IQ.

The company reported a net loss of $7.3-million versus a net loss of $7.2-million a year ago.

StorageVault also said it’s increasing its quarterly dividend by 0.5 per cent to $0.002803 per common share.

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