Storage King Group
AASX:SKG1.10
AUD
+0.01
(+0.92%)
ISIN
AU0000477440
Return %
Stock
S&P 500
1Y
-23.43
14.20
3Y
5.29
81.12
5Y
- -
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Nikki Lawson
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Level 17, 99 Walker Street Sydney NS Australia 2060
- IPO Date
- Aug 1, 2023
- Website
- abacusgroup.com.au
- Similar Companies
- Business
- Storage King Group (SKG.AX) is a diversified storage and self-storage solutions provider delivering integrated self-storage, logistics and related fulfillment services to consumer and business customers across Australia and New Zealand. The group focuses on scalable storage capacity, secure access, and value-added solutions through a network of purpose-built facilities and operational platforms that optimize space utilization, inventory management, and tenant experience. Main products and services: self-storage units and climate-controlled storage spaces; drive-up and multi-tier storage facilities; vehicle and caravan storage; business storage and document management solutions; logistic and warehousing services including order fulfillment, pick-and-pack, and inventory control; packaging supplies and moving equipment; digital access control, security systems, surveillance, and insured storage solutions; tenant insurance referrals and administration; customer-facing e-commerce and online account management; ancillary services such as portable storage containers, packing materials, and removalist coordination; facility management and maintenance services; property development and ownership of storage assets across locations. Latest major company changes: recent partnerships and strategic alliances with national logistics and e-commerce fulfillment providers to expand end-to-end storage-to-delivery capabilities; ongoing acquisitions and consolidation of regional assets to broaden geographic coverage and scale; new product launches including enhanced digital customer portal, contactless access, and integrated insurance options; strategic expansion into high-demand urban corridors with development of additional facilities and conversion of underutilized assets into modern storage hubs; reorganizations to optimize operations, branding alignment, and centralized procurement; significant capex programs in the last 12–24 months to modernize facilities, upgrade security infrastructure, and improve energy efficiency. Industry and business segments: core storage and self-storage services; logistics and warehousing solutions; value-added services in packing, insurance referrals, and moving supplies; property development and asset management of storage facilities. Target markets and customers: individual consumers seeking short- or long-term storage; small and medium-sized enterprises requiring flexible warehousing, inventory storage, and fulfillment; e-commerce businesses needing scalable storage-to-delivery workflows; households relocating or undergoing transitions; contractors and trades requiring secure storage for equipment. Geographic operations: operations across Australia and New Zealand, with a portfolio of facilities located in major capital cities and regional hubs to serve national and regional markets; ongoing development to expand presence in high-demand urban growth corridors. Founding year and headquarters: founded in the early 2000s with headquarters in Australia; operates under the Storage King brand in its network; corporate structure includes a parent group that consolidates ownership and operations of multiple storage facilities. Subsidiaries and parent relationships: operates under a parent corporate umbrella with franchise or brand-license relationships for Storage King sites; owns or administers property assets associated with storage facilities; may include joint ventures or managed partnerships to operate specific locations. Additional context: the business sits within the broader storage and logistics services industry, serving consumer and business segments with an emphasis on secure, accessible, and scalable storage and fulfillment solutions; maintains a resilient asset-light to asset-heavy mix depending on location and project, leveraging operating platforms for occupancy optimization and revenue diversification through ancillary services.