Uncle Bob's Self Storage (Sovran Self Storage, Inc.) is a fully integrated, self-administered and self-managed real estate investment trust (REIT) that acquires and manages self storage properties. The Company owns and/or operates more than 500 self storage facilities encompassing over 35 million square feet, making it one of the largest self-storage companies in the United States.

Sovran operates its stores under the trade name Uncle Bob's Self Storage®, and serves over 250,000 customers in 25 states. Through innovative marketing and product development, the Company has differentiated itself with value-added products and services like Dri-guard, their state-of-the art dehumidification system; Uncle Bob's rental trucks; and a national Customer Care Center featuring a fully integrated sales and reservation system for the Company's rental spaces.

Founded in 1982, the Company is headquartered in Buffalo, New York, and employs over 1,300 people. Sovran's common stock trades on the New York Stock Exchange under the symbol SSS.

Uncle Bob's Self Storage (Sovran Self Storage) was founded in 1982 and is headquartered in Buffalo, US

CEO

President & COO

Uncle Bob's Self Storage (Sovran Self Storage) has offices in Buffalo, Columbus, Lafayette, Montgomery and in 141 other locations

Buffalo, US (HQ)

6467 Main St

Uncle Bob's Self Storage (Sovran Self Storage)'s revenue was reported to be $128.3 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 128.3 m |

## Net income (Q1, 2017) | 20.5 m |

## EBIT (Q1, 2017) | 35 m |

## Market capitalization (12-Aug-2016) | 3.9 b |

## Cash (31-Mar-2017) | 4.8 m |

Uncle Bob's Self Storage (Sovran Self Storage)'s current market capitalization is $3.9 b.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 273.5 m | 326.1 m | 366.6 m | 462.6 m |

## Revenue growth, % | 19% | 12% | 26% | |

## General and administrative expense | 43.1 m | |||

## Operating expense total | 172.4 m | 209.7 m | 219.3 m | 342.8 m |

## EBIT | 101.1 m | 116.3 m | 147.3 m | 119.8 m |

## EBIT margin, % | 37% | 36% | 40% | 26% |

## Interest expense | 32 m | 34.6 m | 37.1 m | 47.2 m |

## Interest income | 40 k | 40 k | 5 k | 67 k |

## Net Income | 74.6 m | 89.1 m | 113.1 m | 85 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 80.4 m | 85.2 m | 85.4 m | 90.7 m | 95.4 m | 99.1 m | 107 m | 127.8 m | 128.3 m |

## General and administrative expense | 10.4 m | 10 m | 9.4 m | 9.7 m | 9.4 m | 10.5 m | 10.1 m | 10.9 m | 11.4 m |

## Operating expense total | 10.4 m | 10 m | 9.4 m | 9.7 m | 9.4 m | 10.5 m | 10.1 m | 10.9 m | 11.4 m |

## EBIT | 29.1 m | 32.4 m | 31.1 m | 37 m | 40.1 m | 36.4 m | 42.8 m | 8.8 m | 35 m |

## EBIT margin, % | 36% | 38% | 36% | 41% | 42% | 37% | 40% | 7% | 27% |

## Interest expense | (8.9 m) | (9.1 m) | (9.2 m) | (9.2 m) | (9.4 m) | (9.1 m) | (8.2 m) | (14.6 m) | (15.2 m) |

## Interest income | 24 k | 1 k | 2 k | 2 k | 1 k | 6 k | 37 k | 13 k | 3 k |

## Net Income | 37.5 m | 63.2 m | 22.6 m | 51.2 m | 82.9 m | 28.2 m | 71.7 m | 66.8 m | 20.5 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 9.5 m | 8.5 m | 7 m | 23.7 m |

## Accounts Receivable | 5.1 m | 5.8 m | 6.8 m | 5.5 m |

## Total Assets | 1.6 b | 1.9 b | 2.1 b | 3.9 b |

## Accounts Payable | 75.1 m | |||

## Total Debt | 253 m | |||

## Total Liabilities | 1.8 b | |||

## Additional Paid-in Capital | 1.1 b | 1.2 b | 1.4 b | 2.3 b |

## Total Equity | 870.7 m | 975.9 m | 1.2 b | 2.1 b |

## Debt to Equity Ratio | 0.1 x | |||

## Debt to Assets Ratio | 0.1 x | |||

## Financial Leverage | 1.8 x | 1.9 x | 1.8 x | 1.8 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 7 m | 7.5 m | 10.3 m | 6.6 m | 6.1 m | 6.4 m | 901.9 m | 16.1 m | 4.8 m |

## Accounts Receivable | 5.3 m | 5.7 m | 5.7 m | 6.2 m | 6.5 m | 4.2 m | 4.7 m | 6 m | 5.8 m |

## Total Assets | 1.7 b | 1.8 b | 2 b | 2 b | 2.1 b | 2.4 b | 3.4 b | 3.8 b | 3.9 b |

## Accounts Payable | 35 m | 43.8 m | 33.3 m | 37.3 m | 47.1 m | 38.1 m | 37.2 m | 62.2 m | 45.8 m |

## Additional Paid-in Capital | 1.1 b | 1.2 b | 1.3 b | 1.3 b | 1.3 b | 1.7 b | 2.3 b | 2.3 b | 2.4 b |

## Total Equity | 909.6 m | 952.8 m | 1.1 b | 1.1 b | 1.2 b | 1.5 b | 2.1 b | 2.1 b | 2.1 b |

## Financial Leverage | 1.9 x | 1.9 x | 1.8 x | 1.8 x | 1.8 x | 1.7 x | 1.6 x | 1.8 x | 1.9 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 74.6 m | 89.1 m | 113.1 m | 85 m |

## Depreciation and Amortization | 45.2 m | 51.7 m | 58.5 m | 117.1 m |

## Accounts Receivable | (1.7 m) | (606 k) | (1 m) | 4.8 m |

## Accounts Payable | 1.1 m | 5.2 m | 5.8 m | 18.5 m |

## Cash From Operating Activities | 120.6 m | 146.1 m | 186.2 m | 225.6 m |

## Cash From Investing Activities | (114.3 m) | (335 m) | (328.7 m) | (1.8 b) |

## Cash From Financing Activities | (4 m) | 187.9 m | 141 m | 1.6 b |

## Income Taxes Paid | 1.1 m | 981 k |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 37.5 m | 63.2 m | 22.6 m | 51.2 m | 82.9 m | 28.2 m | 71.7 m | 66.8 m | 20.5 m |

## Depreciation and Amortization | 24.4 m | 37.8 m | 14.2 m | 28.8 m | 43.4 m | 16.4 m | 34.7 m | 76.1 m | 37.6 m |

## Accounts Receivable | (189 k) | (514 k) | 13 k | (404 k) | (715 k) | 2.6 m | 2.2 m | 4.3 m | (281 k) |

## Accounts Payable | (3 m) | 5.7 m | (7.9 m) | (3.9 m) | 5.8 m | (10.1 m) | (11.1 m) | 5.8 m | (29 m) |

## Cash From Operating Activities | 60.3 m | 107.6 m | 30.9 m | 80.7 m | 138.1 m | 37.9 m | 92.9 m | 149.4 m | 28 m |

## Cash From Investing Activities | (203 m) | (255.1 m) | (140 m) | (222 m) | (298.8 m) | (342.6 m) | (415.5 m) | (1.8 b) | (52.7 m) |

## Cash From Financing Activities | 140.2 m | 145.4 m | 110.9 m | 139.4 m | 158.3 m | 304 m | 1.2 b | 1.6 b | 5.8 m |

## Income Taxes Paid | 943 k | 1.1 m | 970 k | 911 k | 220 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 83.5 k |

## Financial Leverage | 1.9 x |