BuildDirect.com Technologies Inc (TSE:BILD) has released an update.
BuildDirect.com Technologies Inc., a prominent building material retailer, reported a notable increase in its adjusted EBITDA to $3.55 million for FY 2023, marking a $2.27 million rise from the previous year. Despite a decrease in overall revenue by 21.6% year-over-year, the company’s operational activities generated $4.0 million in cash, reflecting a $5.9 million increase. The financial results were announced ahead of a comprehensive earnings conference call scheduled for April 29, 2024.
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