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BuildDirect.com Technologies Inc. (V:BILD)

Business Focus: Home Improvement Products & Services Retailers (NEC)

Sector:  Consumer Cyclicals Industry:  Home Improvement Products & Services Retailers
 
Company Contact
Address: Suite 090 200 Granville St
VANCOUVER BC V6C 1S4
Tel: N/A
Website: https://www.builddirect.com
IR: See website
Key People
N/A    
Business Overview
BuildDirect.com Technologies Inc. is a Canada-based company, which is a marketplace for purchasing and selling building materials online. The Company's platform connects homeowners and home improvement professionals in North America with suppliers and sellers of building materials from around the world, including flooring, tile, decking and more. The Company operates through two segments: BuildDirect.com and Independent Retailers. BuildDirect.com segment operates in United States, Canada and other. Independent Retailers segment includes Charter Distributing Company (FloorSource), and Superb Floor Covering, LLC (Superb). FloorSource provides carpeting, carpet padding, hardwood, vinyl, laminate, and flooring supplies to customers such as contractors, project management companies and retailers. Superb is a seller and installer of carpet, laminate, luxury vinyl, custom area rugs, and specialty flooring options.
Financial Overview
For the nine months ended 30 September 2023, BuildDirect.com Technologies Inc revenues decreased 21% to $55.4M. Net loss decreased 44% to $1.8M. Revenues reflect BuildDirect segment decrease of 40% to $15.9M, Independent Retailers segment decrease of 10% to $39.4M. Lower net loss reflects Fulfillment costs decrease of 34% to $3.7M (expense), Selling and marketing decrease of 25% to $4.2M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $40.33M as of Sep 30, 2023
Annual revenue (TTM): $105.57M as of Sep 30, 2023
EBITDA (TTM): $4.19M as of Sep 30, 2023
Net annual income (TTM): -$8.85M as of Sep 30, 2023
Free cash flow (TTM): $6.43M as of Sep 30, 2023
Net Debt Last Fiscal Year: $14.27M as of Sep 30, 2023
Shares outstanding: 41,949,378 as of Mar 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization