Bullboard - Stock Discussion Forum 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... see more

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TSX:SVI - Post Discussion

Storagevault Canada Inc > Q2 Beat + Div Increase

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Post by retiredcf on Jul 28, 2022 7:33am

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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