Brief: Storagevault Reports 2022 Fourth Quarter Results

Storagevault Canada

23/02/2023 24:40

Feb 22 (Reuters) - Storagevault Canada Inc  SVI.TO :
    * STORAGEVAULT REPORTS FISCAL 2022 ANNUAL RESULTS;
HIGHLIGHTING
NOI AND AFFO GROWTH, $241.1 MILLION IN ACQUISITIONS; PROVIDES
2023 OUTLOOK; INCREASES DIVIDEND
    * REVENUE FOR Q4 OF 2022 INCREASED TO $69.1 MILLION COMPARED
TO
$56.8 MILLION
    * INCREASING ITS QUARTERLY DIVIDEND BY 0.5% BEGINNING Q1
2023 TO
$0.002831 PER COMMON SHARE
    * Q4 LOSS PER COMMON SHARE $0.062
    * QTRLY FFO $17.6 MILLION VERSUS $14.6 MILLION
    * EXPANSION OF TWO EXISTING STORES WILL BE COMPLETED THIS
YEAR AND
 EXPECT TO ACQUIRE $70 TO $100 MILLION OF ASSETS IN 2023
    * QTRLY AFFO EARNINGS PER SHARE $0.051

Source text for Eikon:  ID:nGNX2F22Ml 
Further company coverage:  SVI.TO 
 ((Reuters.Briefs@thomsonreuters.com;))