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BuildDirect.com Technologies Inc (TSE:BILD)
:BILD
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Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 18, 2021
|% Change Since: 20.00%
|Next Earnings Date:Aug 23, 2021
Earnings Call Sentiment|Neutral
Despite facing revenue and gross profit declines due to market challenges, BuildDirect has managed to maintain strong operational efficiency with positive adjusted EBITDA and reduced operating expenses. The company is strategically positioning itself for future growth through its Pro Centers and e-commerce initiatives.Company Guidance
During BuildDirect's Q3 2024 earnings call, several key metrics and strategic initiatives were highlighted. The company reported a total revenue of approximately $17 million for the quarter, a decrease from $18.4 million in the same period last year, reflecting a 7.8% year-over-year decline. Despite this, BuildDirect achieved a gross margin of 38.3% and a positive adjusted EBITDA of $786,000. Operating expenses were reduced by $700,000 compared to the previous year, indicating effective cost management. The company's growth strategy includes expanding its Pro Centers and leveraging a dual strategy of building and acquiring B2B flooring retailers to strengthen its market presence. BuildDirect aims to capitalize on the $90 billion North American flooring market with a focus on capital-efficient acquisitions and strategic expansion in key metro regions. Looking ahead, the company intends to enhance its e-commerce platform and operational efficiencies while navigating market conditions affected by high mortgage interest rates.Strong Adjusted EBITDA Performance
Achieved a positive adjusted EBITDA of $786,000 in Q3 2024, which is a sequential increase of $208,000 or approximately 36% quarter-over-quarter.
Operating Expense Reduction
Operating expenses were reduced by approximately $721,000, or 10% year-over-year, largely through reductions in fulfillment, admin costs, and other amortization costs.
Cash Flow Improvements
Cash from operations in Q3 2024 was $1.1 million, a small decrease of only $104,000 compared to Q3 of the prior year, indicating strong operational cash flow management.
Pro Centers and E-commerce Strategy
Continued focus on expanding Pro Centers and enhancing e-commerce platform, leveraging strategic markets for expansion with ongoing marketing and sales efforts.
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BuildDirect.com Technologies Inc (TSE:BILD) Earnings, Revenues Date & History
TSE:BILD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:BILD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 26, 2024 | C$0.45 | C$0.46 | +2.22% |
| Aug 28, 2024 | C$0.44 | C$0.42 | -4.55% |
| May 28, 2024 | C$0.60 | C$0.52 | -13.33% |
| Apr 29, 2024 | C$0.69 | C$0.60 | -13.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BuildDirect.com Technologies Inc (TSE:BILD) report earnings?
BuildDirect.com Technologies Inc (TSE:BILD) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is BuildDirect.com Technologies Inc (TSE:BILD) earnings time?
BuildDirect.com Technologies Inc (TSE:BILD) earnings time is at May 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:BILD EPS forecast?
Currently, no data Available
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