Reported Earnings • Apr 24
First quarter 2026 earnings released: CA$0.037 loss per share (vs CA$0.031 loss in 1Q 2025) First quarter 2026 results: CA$0.037 loss per share (further deteriorated from CA$0.031 loss in 1Q 2025). Revenue: CA$85.2m (up 12% from 1Q 2025). Net loss: CA$13.5m (loss widened 19% from 1Q 2025). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. Announcement • Apr 24
Storagevault Canada Inc. Increases Dividend for the Second Quarter of 2026 StorageVault Canada Inc. announced that the company is increasing dividend by 0.5% to $0.003021 per common share for the second quarter of 2026. Announcement • Apr 17
Benjamin Harris Not Stands for Re-Election as Member of the Board of Directors of StorageVault Canada Inc StorageVault Canada Inc. announced Benjamin Harris, member of the Board of Directors. has indicated that he will not be standing for re-election at the upcoming annual general meeting of shareholders to be held on May 21, 2026. Declared Dividend • Mar 18
Fourth quarter dividend of CA$0.003 announced Shareholders will receive a dividend of CA$0.003. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Announcement • Mar 17
StorageVault Canada Inc., Annual General Meeting, May 21, 2026 StorageVault Canada Inc., Annual General Meeting, May 21, 2026. Announcement • Mar 13
StorageVault Canada Inc. Announces Quarterly Dividend, Payable on April 15, 2026 StorageVault Canada Inc. announced that a quarterly dividend of $0.003006 per common share (“Common Share”) ?will be payable on ?April 15, 2026 to shareholders of record on March 31, 2026, with an ex-dividend date of March 31, 2026. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. Reported Earnings • Feb 15
Full year 2025 earnings released: CA$0.034 loss per share (vs CA$0.081 loss in FY 2024) Full year 2025 results: CA$0.034 loss per share (improved from CA$0.081 loss in FY 2024). Revenue: CA$335.1m (up 10.0% from FY 2024). Net loss: CA$12.5m (loss narrowed 59% from FY 2024). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Storagevault Canada Inc. Increases Dividend for the First Quarter of 2026 StorageVault Canada Inc. announced that it is increasing its first quarter 2026 dividend by 0.5% to $0.003006 per common share. Declared Dividend • Dec 19
Third quarter dividend of CA$0.003 announced Shareholders will receive a dividend of CA$0.003. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Announcement • Dec 16
StorageVault Canada Inc. Announces Dividend for the Fourth Quarter of 2025, Payable on January 15, 2026 StorageVault Canada Inc. announced that a quarterly dividend of $0.002991 per common share ("Common Share") will be payable on January 15, 2026 to shareholders of record on December 31, 2025, with an ex-dividend date of December
31, 2025. Price Target Changed • Oct 26
Price target increased by 8.8% to CA$5.88 Up from CA$5.40, the current price target is an average from 10 analysts. New target price is 17% above last closing price of CA$5.01. Stock is up 20% over the past year. The company posted a net loss per share of CA$0.081 last year. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: CA$0.056 (vs CA$0.019 loss in 3Q 2024) Third quarter 2025 results: EPS: CA$0.056 (up from CA$0.019 loss in 3Q 2024). Revenue: CA$88.5m (up 12% from 3Q 2024). Net income: CA$20.5m (up CA$27.5m from 3Q 2024). Profit margin: 23% (up from net loss in 3Q 2024). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Oct 23
StorageVault Canada Inc. Increases Dividend for the Fourth Quarter of 2025 StorageVault Canada Inc. is increasing its fourth quarter 2025 dividend by 0.5% to $0.002991 per common share. Declared Dividend • Sep 18
Second quarter dividend increased to CA$0.003 Dividend of CA$0.003 is 2.0% higher than last year. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Announcement • Sep 16
StorageVault Canada Inc. Announces Quarterly Dividend, Payable on ?October 15, 2025 STORAGEVAULT CANADA INC. announced that a quarterly dividend of $0.002976 per common share (“Common Share”) ?will be payable on ?October 15, 2025 to shareholders of record on September 29, 2025, with an ex-dividend ?date of September 29, 2025. Recent Insider Transactions • Aug 14
Independent Director recently sold CA$247k worth of stock On the 11th of August, Alan Simpson sold around 53k shares on-market at roughly CA$4.69 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$485k. Insiders have been net sellers, collectively disposing of CA$901k more than they bought in the last 12 months. New Risk • Aug 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$599k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Aug 03
Independent Director recently sold CA$485k worth of stock On the 31st of July, Alan Simpson sold around 104k shares on-market at roughly CA$4.68 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$321k more than they bought in the last 12 months. Price Target Changed • Jul 27
Price target increased by 8.1% to CA$5.19 Up from CA$4.81, the current price target is an average from 9 analysts. New target price is 11% above last closing price of CA$4.66. Stock is down 1.9% over the past year. The company posted a net loss per share of CA$0.081 last year. Reported Earnings • Jul 24
Second quarter 2025 earnings released: CA$0.017 loss per share (vs CA$0.023 loss in 2Q 2024) Second quarter 2025 results: CA$0.017 loss per share (improved from CA$0.023 loss in 2Q 2024). Revenue: CA$83.5m (up 13% from 2Q 2024). Net loss: CA$6.17m (loss narrowed 29% from 2Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • Jul 24
StorageVault Canada Inc. Increases Dividend for the Third Quarter of 2025 StorageVault Canada Inc. increased dividend for the third quarter of 2025 by 0.5% to $0.002976 per common share. Declared Dividend • Jun 20
First quarter dividend increased to CA$0.003 Dividend of CA$0.003 is 2.0% higher than last year. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Announcement • Jun 18
StorageVault Canada Inc. Declares Dividend for the Second Quarter 2025, Payable on July 15, 2025 STORAGEVAULT CANADA INC. announced that a quarterly dividend of $0.002961 per common share ?will be payable on ?July 15, 2025 to shareholders of record on June 30, 2025, with an ex-dividend ?date of June 30, 2025.? Reported Earnings • Apr 25
First quarter 2025 earnings released: CA$0.031 loss per share (vs CA$0.021 loss in 1Q 2024) First quarter 2025 results: CA$0.031 loss per share (further deteriorated from CA$0.021 loss in 1Q 2024). Revenue: CA$76.3m (up 6.8% from 1Q 2024). Net loss: CA$11.4m (loss widened 43% from 1Q 2024). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Apr 24
StorageVault Canada Inc. Announces Increased Dividend for Second Quarter of 2025 StorageVault Canada Inc. is increasing its Second Quarter 2025 dividend by 0.5% to $0.002961 per common share. Declared Dividend • Mar 19
Fourth quarter dividend increased to CA$0.0029 Dividend of CA$0.0029 is 2.0% higher than last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Announcement • Mar 19
StorageVault Canada Inc., Annual General Meeting, May 21, 2025 StorageVault Canada Inc., Annual General Meeting, May 21, 2025. Reported Earnings • Feb 21
Full year 2024 earnings released: CA$0.081 loss per share (vs CA$0.005 loss in FY 2023) Full year 2024 results: CA$0.081 loss per share (further deteriorated from CA$0.005 loss in FY 2023). Revenue: CA$304.7m (up 5.5% from FY 2023). Net loss: CA$30.2m (loss widened CA$28.5m from FY 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Feb 21
StorageVault Canada Inc. Increases Dividend for the First Quarter 2025 StorageVault Canada Inc. is increasing its first quarter 2025 dividend by 0.5% to $0.002946 per common share. Recent Insider Transactions Derivative • Jan 14
Chairman & CEO exercised options to buy CA$1.9m worth of stock. On the 13th of January, Steven Scott exercised options to buy 478k shares at a strike price of around CA$0.50, costing a total of CA$239k. This transaction amounted to 50% of their direct individual holding at the time of the trade. Since June 2024, Steven's direct individual holding has increased from 469.89k shares to 957.39k. Company insiders have collectively bought CA$169k more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions Derivative • Jan 05
Chairman & CEO exercised options to buy CA$2.0m worth of stock. On the 2nd of January, Steven Scott exercised options to buy 488k shares at a strike price of around CA$0.41, costing a total of CA$200k. This transaction amounted to 104% of their direct individual holding at the time of the trade. Since June 2024, Steven has owned 469.89k shares directly. Company insiders have collectively sold CA$322k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Dec 19
Third quarter dividend of CA$0.0029 announced Shareholders will receive a dividend of CA$0.0029. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Reported Earnings • Oct 24
Third quarter 2024 earnings released: CA$0.019 loss per share (vs CA$0.043 profit in 3Q 2023) Third quarter 2024 results: CA$0.019 loss per share (down from CA$0.043 profit in 3Q 2023). Revenue: CA$79.0m (up 4.2% from 3Q 2023). Net loss: CA$6.97m (down 143% from profit in 3Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Oct 24
Storagevault Canada Inc. Announces Increase in Quarterly Dividend Beginning Fourth Quarter 2024 StorageVault is increasing its quarterly dividend by 0.5% beginning Fourth Quarter 2024 to $0.002932 per common share. Declared Dividend • Sep 18
Second quarter dividend increased to CA$0.0029 Dividend of CA$0.0029 is 2.0% higher than last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Announcement • Sep 13
StorageVault Canada Inc. Announces Third Quarter Dividend for 2024, Payable on October 15, 2024 StorageVault Canada Inc. announced that third quarter dividend of $0.002917 per common share will be payable on October 15, 2024, to shareholders of record on September 27, 2024, with an ex-dividend date of September 27, 2024. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. Price Target Changed • Jul 26
Price target decreased by 7.5% to CA$5.75 Down from CA$6.22, the current price target is an average from 8 analysts. New target price is 21% above last closing price of CA$4.75. Stock is down 1.7% over the past year. The company posted a net loss per share of CA$0.0045 last year. Reported Earnings • Jul 25
Second quarter 2024 earnings released: CA$0.023 loss per share (vs CA$0.033 profit in 2Q 2023) Second quarter 2024 results: CA$0.023 loss per share (down from CA$0.033 profit in 2Q 2023). Revenue: CA$74.1m (up 4.0% from 2Q 2023). Net loss: CA$8.69m (down 169% from profit in 2Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Jun 19
First quarter dividend increased to CA$0.0029 Dividend of CA$0.0029 is 2.0% higher than last year. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.2%. Announcement • Jun 19
StorageVault Canada Inc. Announces Quarterly Dividend, Payable on July 15, 2024 StorageVault Canada Inc. announced that a quarterly dividend of $0.002903 per common share will be will be payable on ?July 15, 2024 to shareholders of record on June 28, 2024, with an ex-dividend date of June 28, 2024. Announcement • Apr 26
Storagevault Canada Inc. Increases Its Dividend for the Second Quarter of 2024 StorageVault Canada Inc. increased its quarterly dividend by 0.5% beginning Second Quarter 2024 to $0.002903 per common share. Reported Earnings • Apr 25
First quarter 2024 earnings released: CA$0.021 loss per share (vs CA$0.008 loss in 1Q 2023) First quarter 2024 results: CA$0.021 loss per share (further deteriorated from CA$0.008 loss in 1Q 2023). Revenue: CA$71.4m (up 5.9% from 1Q 2023). Net loss: CA$7.96m (loss widened 174% from 1Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 03
StorageVault Canada Inc., Annual General Meeting, May 23, 2024 StorageVault Canada Inc., Annual General Meeting, May 23, 2024, at 11:00 Eastern Daylight. Location: The Offices of DLA Piper (Canada) LLP Suite 6000, 1 First Canadian Place, 100 King Street W Toronto Ontario Canada Declared Dividend • Mar 18
Fourth quarter dividend increased to CA$0.0029 Dividend of CA$0.0029 is 2.0% higher than last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.2%. Recent Insider Transactions • Mar 17
Independent Director recently sold CA$1.0m worth of stock On the 12th of March, Alan Simpson sold around 200k shares on-market at roughly CA$5.08 per share. This transaction amounted to 9.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$452k more than they bought in the last 12 months. Reported Earnings • Feb 25
Full year 2023 earnings released: CA$0.005 loss per share (vs CA$0.11 loss in FY 2022) Full year 2023 results: CA$0.005 loss per share (improved from CA$0.11 loss in FY 2022). Revenue: CA$288.7m (up 10% from FY 2022). Net loss: CA$1.70m (loss narrowed 96% from FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 23
StorageVault Canada Inc. Increases Its Dividend for the First Quarter of 2024 StorageVault is increasing its quarterly dividend by 0.5% beginning First Quarter 2024 to $0.002888 per common share. Announcement • Dec 15
StorageVault Canada Inc. Announces Dividend for the Fourth Quarter 2023, Payable on January 15, 2024 StorageVault Canada Inc. announced dividend for the fourth quarter 2023 of $0.002874 per common share (Common Share) will be payable on January 15, 2024 to shareholders of record on December 29, 2023, with an ex-dividend date of December 28, 2023. Price Target Changed • Oct 27
Price target decreased by 7.2% to CA$5.77 Down from CA$6.22, the current price target is an average from 8 analysts. New target price is 34% above last closing price of CA$4.30. Stock is down 30% over the past year. The company posted a net loss per share of CA$0.11 last year. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CA$0.043 (vs CA$0.006 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0.043 (up from CA$0.006 loss in 3Q 2022). Revenue: CA$75.7m (up 9.3% from 3Q 2022). Net income: CA$16.4m (up CA$18.5m from 3Q 2022). Profit margin: 22% (up from net loss in 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
StorageVault Canada Inc. Increases Quarterly Dividend, Beginning Fourth Quarter of 2023 StorageVault Canada Inc. is increasing its quarterly dividend by 0.5% beginning fourth quarter of 2023 to $0.002874 per common share. Recent Insider Transactions • Aug 04
Chairman & CEO recently bought CA$238k worth of stock On the 31st of July, Steven Scott bought around 49k shares on-market at roughly CA$4.85 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months. Price Target Changed • Jul 28
Price target decreased by 8.1% to CA$6.46 Down from CA$7.04, the current price target is an average from 7 analysts. New target price is 34% above last closing price of CA$4.83. Stock is down 26% over the past year. The company posted a net loss per share of CA$0.11 last year. Announcement • Jul 27
StorageVault Canada Inc. Increases Quarterly Dividend StorageVault Canada Inc. announced that it is increasing its quarterly dividend by 0.5% beginning third quarter of 2023 to $0.002859 per common share. Announcement • Jun 16
Storagevault Canada Inc. Announces Quarterly Dividend for Second Quarter of 2023, Payable on July 17, 2023 StorageVault Canada Inc. announced that a quarterly dividend of $0.002845 per common share (“Common Share”) will be payable on July 17, 2023 to shareholders of record on June 30, 2023, with an ex-dividend date of June 29, 2023. This dividend has been designated as an “eligible dividend” for Canadian income tax purposes. Announcement • Jun 02
Automotive Properties Real Estate Investment Trust (TSX:APR.UN) and StorageVault Canada Inc. (TSX:SVI) acquired Automotive dealership property located at 9425 Taschereau Boulevard in Brossard, Quebec for CAD 16.1 million. Automotive Properties Real Estate Investment Trust (TSX:APR.UN) and StorageVault Canada Inc. (TSX:SVI) acquired Automotive dealership property located at 9425 Taschereau Boulevard in Brossard, Quebec for CAD 16.1 million on June 1, 2023.Automotive Properties Real Estate Investment Trust (TSX:APR.UN) and StorageVault Canada Inc. (TSX:SVI) completed the acquisition of Automotive dealership property located at 9425 Taschereau Boulevard in Brossard, Quebec on June 1, 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: CA$0.008 loss per share (vs CA$0.023 loss in 1Q 2022) First quarter 2023 results: CA$0.008 loss per share (improved from CA$0.023 loss in 1Q 2022). Revenue: CA$67.4m (up 17% from 1Q 2022). Net loss: CA$2.90m (loss narrowed 66% from 1Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released: CA$0.11 loss per share (vs CA$0.097 loss in FY 2021) Full year 2022 results: CA$0.11 loss per share (further deteriorated from CA$0.097 loss in FY 2021). Revenue: CA$261.8m (up 26% from FY 2021). Net loss: CA$41.2m (loss widened 15% from FY 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 10
StorageVault Canada Inc. announced that it has received CAD 150 million in funding On January 9, 2023, StorageVault Canada Inc. closed the transaction. The transaction is led by syndicate of underwriters including Scotia Capital Inc. followed by CIBC World Markets Inc., National Bank Financial, Inc., TD Securities Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc., and Raymond James Ltd.. Announcement • Dec 18
StorageVault Canada Inc. (TSX:SVI) completed the acquisition of Two stores, located in Edmonton, Alberta StorageVault Canada Inc. (TSX:SVI) agreed to acquire Two stores, located in Edmonton, Alberta for CAD 14.2 million on October 11, 2022. The purchase price is being paid with funds on hand and first mortgages. The obligations of StorageVault to complete the Acquisition are subject to conditions including, but not limited to: satisfactory due diligence, obtaining first mortgage commitments, and satisfactory environmental site assessment reports. The acquisition is expected to close in Q4, 2022.
StorageVault Canada Inc. (TSX:SVI) completed the acquisition of Two stores, located in Edmonton, Alberta on December 16, 2022. Announcement • Dec 16
StorageVault Canada Inc. Announces Dividend for the Fourth Quarter of 2022, Payable on January 16, 2023 StorageVault Canada Inc. announced that a fourth 2022 quarterly dividend of $0.002817 per common share will be payable on January 16, 2023 to shareholders of record on December 30, 2022, with an ex-dividend date of December 29, 2022. Announcement • Dec 14
StorageVault Canada Inc. announced that it expects to receive CAD 150 million in funding StorageVault Canada Inc. announced that it has entered into an agreement for a private placement of 150,000 convertible senior unconvertible debentures to be issued at CAD 1,000 for the gross proceeds of CAD 150,000,000 on December 13, 2022. The transaction will include participation from a syndicate of underwriters led by softbank for CAD 100,000,000 and an institutional investor for CAD 50,000,000 to receive total proceeds of CAD 150,000,000. The debentures bear an interest rate of 5% and will mature on March 31. 2028. Each Debenture will be convertible into freely tradeable common shares of the company at the option of the holder at a conversion price of CAD 8.65 per share. The transaction is expected to close on or about January 9, 2023 and is subject to normal regulatory approvals, including approval of the Toronto Stock Exchange. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CA$0.006 loss per share (vs CA$0.012 loss in 3Q 2021) Third quarter 2022 results: CA$0.006 loss per share (improved from CA$0.012 loss in 3Q 2021). Revenue: CA$69.3m (up 22% from 3Q 2021). Net loss: CA$2.12m (loss narrowed 51% from 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 28
StorageVault Canada Inc. Provides Dividend Guidance for Fourth Quarter of 2022 StorageVault Canada Inc. is increasing its quarterly dividend by 0.5% beginning fourth quarter of 2022 to $0.002817 per common share. Announcement • Oct 12
StorageVault Canada Inc. (TSX:SVI) agreed to acquire Two stores, located in Edmonton, Alberta for CAD 14.2 million. StorageVault Canada Inc. (TSX:SVI) agreed to acquire Two stores, located in Edmonton, Alberta for CAD 14.2 million on October 11, 2022. The purchase price is being paid with funds on hand and first mortgages. The obligations of StorageVault to complete the Acquisition are subject to conditions including, but not limited to: satisfactory due diligence, obtaining first mortgage commitments, and satisfactory environmental site assessment reports. The acquisition is expected to close in Q4, 2022. Announcement • Sep 16
StorageVault Canada Inc. Announces Quarterly Dividend, Payable on October 17, 2022 StorageVault Canada Inc. announced that a quarterly dividend of $0.002803 per common share (common share) will be payable on October 17, 2022 to shareholders of record on September 29, 2022, with an ex-dividend date of September 28, 2022. Buying Opportunity • Aug 22
Now 20% undervalued Over the last 90 days, the stock is up 4.0%. The fair value is estimated to be CA$8.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 6.9%. Buying Opportunity • Jul 29
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.0%. The fair value is estimated to be CA$8.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 6.9%. Reported Earnings • Jul 28
Second quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.019 loss in 2Q 2021) Second quarter 2022 results: CA$0.019 loss per share (vs CA$0.019 loss in 2Q 2021). Revenue: CA$66.0m (up 28% from 2Q 2021). Net loss: CA$7.28m (loss widened 1.5% from 2Q 2021). Over the next year, revenue is forecast to grow 6.9%, compared to a 5.2% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 28
StorageVault Canada Inc. Increases Dividend for Third Quarter of 2022 StorageVault Canada Inc. announced that it is increasing its quarterly dividend by 0.5% beginning third Quarter of 2022 to $0.002803 per common share. Announcement • Jul 02
Recovery Decision Science, LLC completed the acquisition of 6 Storage Stores in Ontario and 1 Storage Store in Alberta from seven vendor groups including Access Self Storage Inc for approximately CAD 170 million. StorageVault Canada Inc. (TSXV:SVI) agreed to acquire 6 Storage Stores in Ontario and 1 Storage Store in Alberta from seven vendor groups including Access Self Storage Inc. for approximately CAD 170 million on May 12, 2022. Six of the Acquisitions are arm’s length and one, totaling CAD 14 million, is a related party acquisition (the “Related Party Acquisition”) with Access Self Storage Inc. (“Access”) as the Vendor. The purchase price is payable by the issuance of an aggregate of up to CAD 5 million of StorageVault common shares to certain of the vendors of the related party acquisitions, with the remainder of the aggregate purchase price being paid with funds on hand, first mortgages, and mortgage assumptions. The transaction is subject to conditions including, but not limited to satisfactory due diligence, mortgage assumption approvals, obtaining first mortgage commitments, and satisfactory environmental site assessment reports. The obligations of both StorageVault and the Vendors to complete the closing of the Acquisitions are subject to the satisfaction of other customary closing conditions and include, for the Related Party Acquisition, acceptance of the TSX (“TSX”). The transaction is expected to close in Q2 and Q3 2022.
Recovery Decision Science, LLC completed the acquisition of 6 Storage Stores in Ontario and 1 Storage Store in Alberta from seven vendor groups including Access Self Storage Inc for approximately CAD 170 million on June 30, 2022. Announcement • Jun 16
StorageVault Canada Inc. Announces Quarterly Dividend for Second Quarter of 2022, Payable on July 15, 2022 StorageVault Canada Inc. announced a quarterly dividend of $0.002789 per common share for the second quarter of 2022, payable on July 15, 2022 to shareholders of record on June 30, 2022, with an ex-dividend date of June 29, 2022. Buying Opportunity • Jun 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 5.4%. The fair value is estimated to be CA$7.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years, while earnings per share has been flat. Reported Earnings • May 06
First quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.031 loss in 1Q 2021) First quarter 2022 results: CA$0.023 loss per share (up from CA$0.031 loss in 1Q 2021). Revenue: CA$57.5m (up 33% from 1Q 2021). Net loss: CA$8.58m (loss narrowed 25% from 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 6.2% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • May 06
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be CA$7.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years, while earnings per share has been flat. Announcement • May 05
Storagevault Canada Inc. Declares Second Quarter of 2022 Dividend StorageVault Canada Inc. is increasing its quarterly dividend by 0.5% beginning second quarter of 2022 to $0.002789 per common share. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CA$0.097 loss per share (down from CA$0.092 loss in FY 2020). Revenue: CA$208.7m (up 34% from FY 2020). Net loss: CA$35.9m (loss widened 7.8% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 17%, compared to a 5.1% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.