None
SEDAR Interim Financial Statements
SVI · Price
[
{
"companyName": "StorageVault Canada Inc.",
"reportingPeriodEnd": "2026-03-31",
"reportStatus": "Unaudited",
"auditorName": null,
"auditorKeyMatters": [],
"balanceSheet": {
"realEstateAndEquipmentNet": 2285807217,
"goodwillAndIntangibleAssetsNet": 134652885,
"cashAndShortTermDeposits": 13827664,
"prepaidExpensesAndOtherCurrentAssets": 23919178,
"accountsReceivable": 9861830,
"unrealizedFairValueOfDerivativeAssets": null,
"totalAssets": 2468068774,
"debt": 1908706672,
"debentures": 252154826,
"leaseLiabilities": 140112430,
"deferredTaxLiability": 30569606,
"accountsPayableAndAccruedLiabilities": 30702419,
"unearnedRevenue": 16641385,
"unrealizedFairValueOfDerivativeLiabilities": 2891600,
"totalLiabilities": 2381778938,
"shareCapital": 359262879,
"dividendsPaid": -38800845,
"equityComponentOfConvertibleDebentures": 13506670,
"contributedSurplus": 41846344,
"deficit": -289525212,
"totalEquity": 86289836,
"totalLiabilitiesAndEquity": 2468068774,
"cashPerShare": 0.0379,
"workingCapitalPerShare": -0.0072
},
"incomeStatement": {
"revenue": 85217438,
"operatingCosts": 32730286,
"depreciationAndAmortization": 28145247,
"interest": 27350185,
"sellingGeneralAndAdministrative": 6867995,
"acquisitionAndIntegrationCosts": 1978626,
"realizedAndUnrealizedLossOnDerivativeFinancialInstruments": 1564576,
"interestAccretionOnConvertibleDebentures": 1167984,
"stockBasedCompensation": 240300,
"realizedGainOnDisposalOfRealEstateAndEquipment": -9489,
"totalExpenses": 100035710,
"netLossBeforeTax": -14818272,
"deferredTaxRecovery": 1272435,
"netLoss": -13545837,
"netLossPerShareBasic": -0.037,
"netLossPerShareDiluted": -0.037,
"weightedAverageNumberOfCommonSharesOutstandingBasic": 365315740,
"weightedAverageNumberOfCommonSharesOutstandingDiluted": 366459699
},
"cashFlowStatement": {
"netLoss": -13545837,
"adjustmentsForNonCashItems": {
"deferredTaxRecovery": -1272435,
"depreciationAndAmortization": 28145247,
"amortizationOfDeferredFinancingCosts": 707080,
"interestAccretionOnLeaseLiabilities": 1594272,
"interestAccretionOnConvertibleDebentures": 1167984,
"realizedAndUnrealizedLossOnDerivativeFinancialInstruments": 1564576,
"stockBasedCompensation": 240300,
"interestExpensedOnDebentures": 3700348,
"realizedGainOnDisposalOfRealEstateAndEquipment": -9489
},
"cashFlowsFromOperationsBeforeNonCashWorkingCapital": 22292046,
"netChangeInNonCashWorkingCapitalBalances": {
"accountsReceivable": -144427,
"prepaidExpensesAndOtherCurrentAssets": -6393010,
"accountsPayableAndAccruedLiabilities": 8788159,
"unearnedRevenue": 1955934
},
"cashFlowsFromOperatingActivities": 26498702,
"cashFlowsFromFinancingActivities": {
"dividendsPaid": -617313,
"paymentsOfLeaseLiabilities": -3088694,
"debtIssuanceCosts": -408451,
"cashAdvancesFromDebt": 168623992,
"cashRepaymentsOfDebt": -29449582,
"stockOptionsRsusDsusRedeemed": -689450,
"interestPaidOnDebentures": -5571395,
"cashRepaymentOfDebenture": -75000000,
"cashSettlementOfTotalReturnSwaps": 2743123,
"cashSettlementOfInterestRateSwaps": null,
"commonSharesRepurchased": null
},
"netCashFromFinancingActivities": 56542230,
"cashFlowsFromInvestingActivities": {
"purchasesOfRealEstateAndEquipment": -24004158,
"proceedsOnDisposalOfRealEstateAndEquipment": 102563,
"cashPaidInBusinessCombinations": -60481435
},
"netCashUsedForInvestingActivities": -84383030,
"netDecreaseInCash": -1342098,
"cashAndShortTermDepositsBeginning": 15169762,
"cashAndShortTermDepositsEnding": 13827664
},
"investmentsAndOtherAssets": [],
"shareStructure": {
"authorizedShares": "Unlimited common voting shares, unlimited preferred non-voting shares",
"issuedShares": 365650411,
"classesOfShares": ["Common", "Preferred"],
"warrants": [],
"options": [
{ "number": 2380000, "exercisePrice": 1.36, "expiryDate": "2026-12-21" },
{ "number": 2632500, "exercisePrice": 1.78, "expiryDate": "2027-03-16" },
{ "number": 2540000, "exercisePrice": 2.52, "expiryDate": "2028-05-04" },
{ "number": 5119000, "exercisePrice": 2.90, "expiryDate": "2029-05-28" },
{ "number": 5358000, "exercisePrice": 3.98, "expiryDate": "2030-12-15" },
{ "number": 6510000, "exercisePrice": 6.31, "expiryDate": "2031-12-20" },
{ "number": 6711000, "exercisePrice": 5.94, "expiryDate": "2032-12-19" },
{ "number": 1547000, "exercisePrice": 5.23, "expiryDate": "2033-12-28" },
{ "number": 1555500, "exercisePrice": 4.00, "expiryDate": "2035-01-02" },
{ "number": 1600000, "exercisePrice": 4.71, "expiryDate": "2035-12-28" }
],
"rightsConvertibleInstruments": "Convertible debentures due March 31, 2028, convertible into common shares at $8.65 per share"
},
"managementCompensation": {
"currency": "CAD",
"periods": {
"2026-03-31": { "salariesAndBonuses": 842292 },
"2025-03-31": { "salariesAndBonuses": 700017 }
},
"namedIndividuals": [],
"otherRelatedPartyTransactions": [
{
"counterparty": "Canadian PUPS Franchises Inc. (CPFI)",
"description": "Royalties and storage container purchases under Master Franchise Agreement",
"amount": 1414320,
"period": "Three months ended March 31, 2026"
},
{
"counterparty": "Access Self Storage Inc. and related companies (Access Group)",
"description": "Payments received for management fees and reimbursements",
"amount": 1333760,
"period": "Three months ended March 31, 2026"
},
{
"counterparty": "Access Self Storage Inc. and related companies (Access Group)",
"description": "Expenditures incurred for construction, maintenance, and other services",
"amount": 22029788,
"period": "Three months ended March 31, 2026"
}
]
},
"subsequentEvents": [
{
"eventDate": "2026-04-22",
"description": "Board approved an increase to the quarterly dividend for Q2 2026 by 0.5% to $0.003021 per common share.",
"impactValue": null
}
]
}
]
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Apr 22, 2026 · 17:13