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BuildDirect.com Technologies (BILD) investor relations material
BuildDirect.com Technologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary27 Nov, 2025
Executive summary
Q3 2025 revenue increased 6.5% year-over-year to $18.1 million, with gross margin up 60 basis points to 38.95% and adjusted EBITDA up 23.2% to $970,000, marking 15 consecutive quarters of positive adjusted EBITDA.
Achieved double-digit adjusted EBITDA growth and improved gross margin, driven by operational discipline and strong ProCenter performance in key U.S. markets.
Working capital increased by $5.9 million to $8.6 million, and cash and cash equivalents grew to $8.8 million as of September 30, 2025.
Orlando and California integrations progressed well, with Orlando exceeding sales expectations and ending Q3 with $1.6 million in open orders.
E-commerce and ProCenter models are now fully aligned, supporting higher conversion and scalable growth.
Financial highlights
Q3 2025 revenue was $18.1 million (Q3 2024: $16.97 million); gross profit reached $7.04 million, with gross margin at 38.95% (Q3 2024: 38.3%).
Adjusted EBITDA grew 23% year-over-year to $970,000 (Q3 2024: $790,000); net loss increased to $950,000 from $380,000 in Q3 2024, mainly due to non-cash items.
Cash balance rose to $8.8 million, up $6.5 million from year-end 2024, reflecting an equity raise and improved cash flow.
For the nine months ended September 30, 2025: revenue $50.0 million, adjusted EBITDA $2.2 million, net loss $1.69 million.
Basic and diluted EPS for Q3 2025 was $(0.02) (Q3 2024: $(0.01)).
Outlook and guidance
New U.S. and Canadian e-commerce sites launched in Q4, with further marketplace expansion planned for 2026.
ProElite Program scaling across all markets in 2026, targeting deeper engagement with professional customers.
Focus remains on organic growth, working capital efficiency, and a steady stream of tuck-in acquisitions.
Plans to accelerate growth by expanding Pro Centers, integrating acquisitions, and enhancing the e-commerce platform.
Aims to drive revenue, margin, and cash flow growth through network expansion and improved execution.
Detail capital raise impact on working capital
Explain E-commerce revenue decline vs margin gain
Reconcile Q3 net loss, negative cash flow, EBITDA
What is the e-commerce growth strategy for 2026?
How will M&A strategy adapt post-2025 challenges?
What are key drivers for working capital efficiency?
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Next BuildDirect.com Technologies earnings date
Q4 202517 Apr, 2026
Next BuildDirect.com Technologies earnings date
Q4 202517 Apr, 2026
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Frequently asked questions
BuildDirect.com Technologies Inc. is an e-commerce company that operates an online marketplace for home improvement products. The company offers a wide range of products, including flooring, decking, and building materials, catering to both homeowners and professionals. BuildDirect’s platform connects customers with manufacturers and suppliers, allowing for direct purchasing and cost savings. The company focuses on providing a seamless online shopping experience, backed by logistical support and delivery services to ensure efficient project completion for customers across North America. The company is headquartered in Vancouver, Canada, and its shares are listed on the TSX.
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