Canaf Posts Record Book Value as It Diversifies Into South African Self-Storage

CanAf Group Inc ( (TSE:CAF) ) has provided an announcement.

Canaf Investments Inc. reported first-quarter 2026 revenue of CAN$6.23 million, down from CAN$8.41 million a year earlier, with net income attributable to shareholders of CAN$520,120. Despite the lower top line, shareholders’ equity rose to CAN$15.92 million, lifting book value per share to a record CAN$0.336 and supporting a 12‑month trailing earnings per share of CAN$0.048.

During the quarter, Canaf formed Urbanhold, a 50/50 joint venture to build a scalable network of self-storage facilities in South Africa by converting under-utilised shopping centre retail space. Urbanhold has committed about CAN$180,000 to its first 100‑unit pilot site, opening in early April 2026, and plans additional pilots as it targets up to 1,500 units across 7–10 locations, signaling a strategic diversification into property-backed, recurring-revenue storage assets.

More about CanAf Group Inc

Canaf Investments Inc. is a Vancouver-based public company listed on the TSX Venture Exchange with operations in Canada, the United Kingdom, and South Africa. Through its subsidiaries, including Quantum Screening and Crushing and Southern Coal, it produces high carbon, de-volatilised (calcined) anthracite and also holds interests in estate, agriculture, capital investments, and a 50% stake in Urbanhold, its new self-storage venture.

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Technical Sentiment Signal: Buy

Current Market Cap: C$15.79M

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