Slide 1: First Quarter Financial Results Conference Call
TSXV: BILD First Quarter Financial Results Conference Call
Slide 2: Disclaimer
Disclaimer Notice This presentation (“Presentation”) is being issued by BuildDirect.com Technologies Inc. (the “Corporation” or “BuildDirect”) for information purposes only. Reliance on this Presentation for the purpose of engaging in any investment activity may expose a person to significant risk o
Slide 3: Agenda
Agenda Q1 2025 Financial Results Conference Call ● Presenters ● Overview ● Key Financial Highlights ● Key Operational Highlights ● Q&A Session 3
Slide 4: Presenters: Management Team
Presenters: Management Team Shawn Wilson Kerry Biggs CEO CFO Shawn is a seasoned executive in home With extensive finance and business improvement, e-commerce, big-box retail, experience, Kerry has held senior roles in manufacturing, and installation services. He early-stage and public companies acro
Slide 5: Overview
Overview BuildDirect is a leading flooring retailer that is focused on growing its presence in the North American flooring market through the organic development and acquisition of profitable brick-and-mortar locations known as ‘Pro Centers.’ By consolidating a portion of the $90+ billion North America
Slide 6: A Massive Market Opportunity
A Massive Market Opportunity The North American flooring market is valued at +$90 billion which comprises floor covering stores and contractors (73%), big home improvement (24%), and a growing online segment (3%). 3% +$90B Online • Opportunity for inter-connected retail with North American Flooring Ma
Slide 7: Our Business Model: Brick & Mortar & E-Commerce
Our Business Model: Brick & Mortar & E-Commerce BuildDirect’s ‘Pro Center’ BuildDirect’s Pro-Centers is designed to establish a Pro-focused ecosystem - directly source products from manufacturers and provide delivery services for e-commerce orders. Pro Centers utilize shared services for procurement
Slide 8: Pro Center Locations
Pro Center 2 BC Locations Locations 6 MI Locations LOCATIONS BuildDirect has a total of 10 Pro Center locations across North 1 CA Location America. 1 FL Location The company intends to continue expanding its physical footprint in the U.S. and Canada. 8
Slide 9: Scalable Growth Model: E-Commerce to Pro Center Expansion
Scalable Growth Model: E-Commerce to Pro Center Expansion Expanding Our Footprint to Capture Demand Online and In-Market • Enter New Markets via • Scale Local Demand & E-Commerce Contractor Relationships • Leverage Data to Identify • Expand Installation Services High-Potential Locations Where Justifi
Slide 10: Expansion Strategy: Build & Buy New Locations
Expansion Strategy: Build & Buy New Locations Strategic, Cost-Efficient Pro Center Expansion with a Focus on Returns ‘Build’ Model ‘Buy’ Model Open new local Pro Centers in Acquire B2B flooring retailers in North America North America 10
Slide 11: Financial Highlights
Financial Highlights Financial Overview with Q1 2025 YoY Adjusted EBITDA Growth Up $150K YoY (29%) As of March 31, 2025, the Company had working capital of $2.5 million As compared to $2.7 million as of March 31, 2024, a decrease of approximately $200K or 7% 11
Slide 12: Income Statement Summary
Income Statement Summary Margin Expansion and Adjusted EBITDA Growth Metric Q1 2024 Q1 2025 YoY % (Measured in Millions USD) (Q1-2025 VS Q1-2024) Revenue $15.59M $15.09M -3.21% Gross Profit $6.09M $6.22M +2.20% Gross Margin 39.07% 41.25% +2.18% Adjusted EBITDA¹ $0.50M $0.65M +28.93% Adjusted EBITDA M
Slide 13: Financial Position Summary
Financial Position Summary Stronger Cash and Working Capital Position Metric Q1 2024 Q1 2025 YoY % (Measured in Millions USD) (Q1-2025 VS Q1-2024) Total Assets $24.12M $26.74M +10.87% Total Liabilities $20.45M $24.43M +19.43% Total Shareholders' Equity $3.66M $2.31M -36.97% Cash Position $2.15M $3.4
Slide 14: Cash Flow Statement Summary
Cash Flow Statement Summary Stable Cash Position with $3.49M Ending Balance and 348% Improvement in Net Cash Change Cash Flow Category Q1 2024 Q1 2025 Commentary (Measured in Millions USD) (Q1-2025 VS Q1-2024) ● Cash from operations down $404K YoY Operating Activities $1.17M $0.77M ● Non-cash workin
Slide 15: Key Operational Highlights
Key Operational Highlights Laying the Foundation for Operational Efficiency and Physical Expansion Operational Streamlining New Pro Centers ● Implemented cost-saving measures, ● New Pro Center in California - enhancing operational efficiency Transitioning from a third-party logistics ● Expected to yie
Slide 16: Subsequent Events (2025)
Subsequent Events (2025) Strategic Growth and Leadership Alignment: New Commercial Deal and Management Share Financing Insider US$2M Share Supply Agreement Purchase (Secured Loan) Signed a supply agreement worth up Closed a secured CAD$775,000 to US$2 million with a North loan with Lyra Growth Partn
Slide 17: Our 'Buy' Model / M&A Strategy
Our ‘Buy’ Model / M&A Strategy Accelerating Growth Through Strategic Market Entry High-Impact Location Validated Book Value Clean, Short-Term Strategic Fit & Scale Synergy Ready Renovations EBITDA Potential We target underutilized or Focus on deals where the We prioritize businesses Targets must sup
Slide 18: Acquisition Review: Anchor and Yorkshore Flooring Assets
Acquisition Review: Anchor and Yorkshore Flooring Assets ~1x EBITDA Transaction Cost: US$593,000 Financial Overview: In FY2024, Anchor and Yorkshore reported consolidated unaudited revenue of US$5.8M and EBITDA of US$661,000. Increased Market Penetration: Strengthened position in the southeastern U.
Slide 19: 2025 Outlook
2025 Outlook Increase Physical Footprint, Drive Profitable Growth and EBITDA Expansion Pro Center Expansion Scalability & Profitability EBITDA Growth Focused on disciplined Unlocking operating Driving EBITDA growth expansion of our Pro leverage across our through operational Center network platform an
Slide 20: Q&A Session
Q&A Session TSXV: BILD Contact BuildDirect Investor Relations ir@builddirect.com 20