StorageVault Canada Inc. reported strong Q2 2025 results with revenue increasing to $83.5 million and NOI growing to $55.2 million. FFO and AFFO also saw increases of 3.4% and 3.0% respectively. The corporation expects to add $8.3 million of NOI within the next 3 years. The Q3 2025 dividend has been increased by 0.5% to $0.002976 per common share.

For the six months ended June 30, 2025, StorageVault saw revenue growth to $159.8 million and NOI growth to $102.9 million. FFO and AFFO also increased by 2.6% year over year. The corporation continues to focus on acquisitions, organic growth, and expanding its services to maximize revenues and free cash flow.

StorageVault owns and operates 259 storage locations across Canada, with a focus on owning multiple stores in key markets. The corporation offers portable storage units, records management services, and last mile storage solutions. Management uses IFRS and non-IFRS measures to assess financial performance, including NOI, FFO, and AFFO.

Forward-looking information from StorageVault includes plans to continue disciplined asset purchasing, emphasize cost control, and add $8.3 million of NOI in the next 3 years. Risks include economic uncertainties, competition, and regulatory changes. Financial outlooks are provided for informational purposes and may not be suitable for other uses.

Read more at GlobeNewswire: StorageVault Reports 2025 Second Quarter Results and