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StorageVault beats Q2 revenue estimate, increases Q3 dividend
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StorageVault beats Q2 revenue estimate, increases Q3 dividend
Jul 23, 2025 2:25 PM

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/Mis Actual Consensu

s s

Estimate

Q2 Beat C$83.50 C$79.60

Revenue mln mln (1

Analyst)

Q2 Net -C$6.20

Income 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 ( SVAUF ) is C$5.00, about 16% above its July 22 closing price of C$4.20

Press Release:

(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.)

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