BuildDirect.com Technologies Inc. Provides Preliminary Unaudited Results for the Fourth Quarter of 2024
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2025) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce preliminary unaudited financial results for the Company's three-months ended December 31, 2024 ("Q4 2024"), ahead of its audited Q4 2024 and full year 2024 earnings release anticipated in April 2025.Preliminary Unaudited Q4 2024 Financial Highlights are as follows: Revenue...
2025-01-28 7:30 AM EST
BuildDirect Secures C$9.526 million Revolving Credit Facilities from Royal Bank of Canada
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer is pleased to announce that the Company and BuildDirect Operations Limited ("BuildDirect Operations"), a wholly-owned subsidiary of the Company, have entered into revolving demand credit facility agreements dated December 20, 2024 (the "Credit Agreements") with the Royal Bank of Canada ("RBC").Pursuant...
2024-12-23 7:29 PM EST
BuildDirect Announces Engagement of Market Making Services Provider
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, announces that it has retained Ventum Financial Corp. ("Ventum") to provide market making services to maintain orderly trading in the Company's securities. Ventum has been engaged for an initial period expiring on October 1, 2025, which may be extended by mutual agreement, and will be...
2024-12-06 8:00 AM EST
BuildDirect Reports Third Quarter 2024 Financial Results
Delivered adjusted EBITDA of $0.8 million for Q3 2024; the Company has delivered 11 consecutive quarters of positive adjusted EBITDA.Delivered revenue and gross profit of $17 million and $6.5 million or 38.3 %, respectively, in Q3 2024, an increase in revenue and gross profit of 4.9% and $0.3 million or 10 bps, respectively, sequentially quarter-over-quarter as compared to Q2 2024.Company's revenue, gross profit and adjusted EBITDA continue to increase sequentially quarter-over-quarter since...
2024-11-26 7:00 AM EST
BuildDirect.com Technologies Inc. Third Quarter 2024 Conference Call
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that the Company will report its third quarter 2024 financial results before the market open on Tuesday, November 26, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 1:30 PM (PST) / 4:30 PM (EST) on the same day.BuildDirect...
2024-11-19 8:30 AM EST
BuildDirect Announces Secured Debt Financing for US $700,000
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company") a leading omnichannel building material retailer, announces the closing of a secured debt financing pursuant to which it issued, via its wholly owned subsidiary BuildDirect Operations Limited ("BuildDirect Operations"), secured notes to Pelecanus Investments Ltd. ("Pelecanus"), Lyra Growth Partners Inc. ("Lyra") and Beedie Investments Ltd....
2024-11-04 8:00 AM EST
BuildDirect Announces Grants of Stock Options and Engagement of Investor Relations Services Provider
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, today announced that it has granted an aggregate of 150,000 stock options to one employee and one consultant of the Company and its subsidiaries in accordance with the Company's Omnibus Equity Incentive Plan (the "Plan"). These stock options will vest in stages over a 4-year...
2024-10-08 9:16 PM EDT
BuildDirect Announces Grants of Stock Options and Deferred Share Units
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, today announced that it has granted an aggregate of 650,000 stock options to 1 officer and 5 employees of the Company and its subsidiaries in accordance with the Company's Omnibus Equity Incentive Plan (the "Plan"). These stock options will vest in stages over a 4-year...
2024-09-06 6:30 AM EDT
BuildDirect Reports Second Quarter 2024 Financial Results
Delivered adjusted EBITDA of $0.6 million for Q2 2024; the Company has delivered 10 consecutive quarters of positive adjusted EBITDA.Delivered revenue and gross profit of $16.2 million and $6.2 million or 38.2%, respectively, in Q2 2024 vs $19.1 million and $7.6 million or 39.7%, respectively in Q2 2023; this represents a reduction in revenue and gross profit of $2.9 million and $1.4 million or 150 bps, respectively, year-over-year. Working capital increased $0.6 million to $2.9 million at...
2024-08-28 6:30 AM EDT
BuildDirect.com Technologies Inc. Second Quarter 2024 Conference Call
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that the Company will report its second quarter 2024 financial results before the market open on Wednesday, August 28, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 1:30 PM (PDT) / 4:30 PM (EDT) on the same day.BuildDirect...
2024-08-22 6:30 AM EDT
BuildDirect Announces Appointment of New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, announces that the Board of Directors has appointed Mr. Kerry Biggs to the role of Chief Financial Officer ("CFO") of the Company effective July 22, 2024. BuildDirect's Interim-CFO, Mr. Marshall Rosichuk, is resigning from this role with the Company effective July 21, 2024 but will remain with the Company...
2024-07-03 7:00 AM EDT
BuildDirect Announces Results of Annual General and Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building materials retailer, today announced that all of the resolutions were duly passed at the Company's Annual General and Special Meeting of shareholders held virtually on June 20, 2024. About BuildDirectBuildDirect (TSXV: BILD) is a growing omnichannel building material retailer. BuildDirect connects North American home...
2024-06-21 6:30 AM EDT
BuildDirect Announces Secured Debt Financing for US $1 Million
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company") a leading omnichannel building material retailer, announces the closing of a secured debt financing pursuant to which it issued, via its wholly owned subsidiary BuildDirect Operations Limited ("BuildDirect Operations"), secured notes to Pelecanus Investments Ltd. ("Pelecanus"), Lyra Growth Partners Inc. ("Lyra") and Beedie Investments Ltd. ("Beedie"...
2024-06-05 6:02 PM EDT
BuildDirect Reports First Quarter 2024 Financial Results
Delivered adjusted EBITDA of $0.504 million for Q1 2024; the Company has delivered 9 consecutive quarters of positive adjusted EBITDA.Delivered revenue and gross profit of $15.6 million and $6.1 million or 39.1%, respectively, in Q1 2024 vs $17.8 million and $7.0 million or 39.2%, respectively in Q1 2023; this represents a reduction in revenue and gross profit of $2.2 million and $.9 million or 10 bps, respectively, year-over-year. Working capital decreased $0.5 million to $2.3 million at...
2024-05-28 6:30 AM EDT
BuildDirect.com Technologies Inc. First Quarter 2024 Conference Call
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that the Company will report its first quarter 2024 financial results before the market open on Tuesday, May 28, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 1:30 PM (PDT) / 4:30 PM (EDT) on the same day.BuildDirect First Quarter...
2024-05-16 7:00 AM EDT
BuildDirect Reports Fourth Quarter and Year Ended December 31, 2023 Financial Results
Delivered Adjusted EBITDA of $3.55 million, an increase of $2.27 million year-over-year.Operating activities provided cash of $4.0 million, an increase of $5.9 million year-over-year. Cash and cash equivalents as at December 31, 2023 was $2.6M, a decrease of $1.5 million year-over-year; although working capital as at December 31, 2023 was $2.8 million, an increase of $1.1 million, year-over-year. Company to host Fourth Quarter and Year Ended December 31, 2023 earnings conference call on April...
2024-04-29 7:52 AM EDT
BuildDirect.com Technologies Inc. Fourth Quarter and Full Year 2023 Conference Call
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that the Company will report its fourth quarter and full year 2023 financial results before the market open on Monday, April 29, 2024. Management will host a conference call and webcast to discuss the Company's financial results at 1:30 PM (PDT) / 4:30 PM (EDT) on the same...
2024-04-17 8:00 AM EDT
BuildDirect Announces Appointment of Interim CFO
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, announces that the Board of Directors has appointed Mr. Marshall Rosichuk to the role of Interim Chief Financial Officer ("CFO") effective January 27, 2024. The appointment of Mr. Rosichuk remains subject to receipt of all required regulatory approvals, including the approval of the TSX Venture...
2024-01-29 6:30 AM EST
BuildDirect Announces Key Change to Senior Management
Vancouver, British Columbia--(Newsfile Corp. - December 31, 2023) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, announces a change to its senior management.The Company announces that Matthew Alexander is resigning as the Interim-Chief Financial Officer of the Company effective January 26, 2024 to pursue another career opportunity and will work with the Company prior to his departure to ensure a smooth...
2023-12-31 10:00 PM EST
BuildDirect Announces Grant of Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2023) - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or "Company"), a leading omnichannel building material retailer, today announced that it has granted an aggregate of 450,000 stock options to 1 officer of the Company in accordance with the Company's Omnibus Equity Incentive Plan (the "Plan"). These stock options will vest in stages over an approximately 1 year period, are exercisable for common shares of the...
2023-12-23 5:57 PM EST