Strategic Storage Trust VI Inc

What Do They Do?

Owns and rents self-storage units to individuals and businesses, and sells moving and packing supplies.

How Do They Make Money?

Customers pay rent for self-storage under leases that generally run month to month; the company also sells moving and packing supplies when goods are delivered.

FY2025 revenue

Who Are Their Customers?

Individuals and businesses rent self-storage units at its properties; leases are generally month to month.

Do Revenues Turn Into Profits?

No. It lost $24M in FY2025.

Operating income, FY2025

−19% of revenue

▼ −44% (Loss) vs FY2024 (−$10.3M, −37%)

Net income, FY2025

−78% of revenue

▼ −33% (Loss) vs FY2024 (−$35.6M, −126%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +5%; vs $7.7M in Q2 FY2025
Net income: ▲ +211% (Loss); vs −$3M in Q2 FY2025

Jul 14, 2026 Agreed to acquire Strategic Storage Growth Trust III in an all-stock merger The merger is expected to close during the fourth quarter of 2026.

Growing. Revenue grew 24.3x in 4 years, from $1.3M in FY2021 to $30.7M in FY2025, about 122% a year.

Joint ventures enter rental operations The older report described the Canadian joint ventures as properties intended for self-storage development; the latest describes operating facilities in lease-up alongside land still planned for development.

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