Canada's StorageVault Q3 revenue beats estimates on self storage stores growth

Storagevault Canada

22/10/2025 22:46

Overview

StorageVault Q3 2025 revenue of C$88.5 mln beats analyst expectations, per LSEG data

Net income for Q3 2025 improves to C$20.5 mln from a loss in Q3 2024

Company increases Q4 2025 dividend by 0.5% to C$0.002991 per share

Outlook

StorageVault focuses on acquisitions, organic growth, and store expansions

Result Drivers

SELF STORAGE STORE GROWTH - Self storage store revenue and NOI increased by 5.4% and 5.2%, respectively, highlighting organic growth

ACQUISITIONS AND EXPANSIONS - Operational and interest expenses from lease-up stores and expanded space muted FFO and AFFO results

CASH FLOW INCREASE - Increased cash flow from operations and financing activities led to a higher cash balance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
C$88.50 mln
C$87.70 mln (2 Analysts)
Q3 Net Income
C$20.50 mln
Q3 FFO
C$24.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "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$5.50, about 10.5% above its October 21 closing price of C$4.92

Press Release: ID:nGNX9BSNjC

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)