CA - Storagevault Canada GAAP EPS of -$0.11 revenue of $261.8M

February, 23 2023 08:55 AM CA Inc.

Storagevault Canada press release ( OTCPK:SVAUF ): FY GAAP EPS of -$0.11.
Revenue of $261.8M (+25.4% Y/Y).
Revenue and NOI growth from existing self storage, a non-IFRS measure, increased by 11.4% and 12.5%, over the prior year. Funds from operations (“FFO”), a non-IFRS measure, were $70.6 million in 2022 compared to $54.6 million for 2021, a 29.2% increase year over year. Adjusted funds from operations (“AFFO”), a non-IFRS measure, were $80.2 million for 2022 compared to $62.7 million for 2021, a 27.9% increase year over year. On a per share basis, FFO and AFFO, non-IFRS ratios, increased by 26.5% and 25.3%, respectively.

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