Canaf Reports Financial Results for Q1 2026 and Launch of Self-Storage Platform

Executive Summary

• Canaf Investments Inc. released audited Q1 2026 financial statements showing revenue of CAD 6.23 M and net income of CAD 0.52 M.
• Shareholders’ equity rose to CAD 15.92 M, delivering a record book value of CAD 0.336 per share.
• The company formed Urbanhold (Pty) Ltd., a 50/50 joint venture in South Africa, and invested approximately CAD 180 K in its first self‑storage pilot site, with construction started March 2026 and opening expected early April 2026.

Key Details

• Revenue: CAD 6,229,047 for the quarter ended 31 Jan 2026 (down from CAD 8,411,513 in 2025).
• Net Income: CAD 520,120 attributable to shareholders (vs. CAD 676,557 in 2025).
• Trailing EPS: CAD 0.048 per share as of 31 Jan 2026 (12‑month basis).
• Shareholders’ Equity: Increased to CAD 15.92 M (Oct 31 2025: CAD 14.76 M).
• Book Value per Share: Record CAD 0.336 (Oct 31 2025: CAD 0.311).
• Joint Venture – Urbanhold (Pty) Ltd.: 50/50 partnership to develop self‑storage facilities by converting under‑utilised retail space.
• Initial Investment: Approximately CAD 180,000 invested in the first pilot site comprising 100 storage units.
• Construction Timeline: Commenced March 2026; facility slated to open early April 2026.
• Pilot Expansion Plan: Target of 1–2 additional pilot sites (100‑150 units each) to validate performance before scaling to ~1,500 units across 7‑10 locations.
• Future Scaling Intent: Upon meeting performance metrics, Urbanhold will evaluate further expansion opportunities.

Notable Quotes

(No direct quotes were provided in the release.)