BuildDirect.com Technologies Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 65.5M | 72.3M | 92.2M | 90.7M |
| Operating Revenue | 65.5M | 72.3M | 92.2M | 90.7M |
| Cost Of Revenue | 40.1M | 44.4M | 60.2M | 58.8M |
| Gross Profit | 25.3M | 27.8M | 32.0M | 31.8M |
| Selling General And Administration | 19.1M | 19.5M | 22.6M | 27.0M |
| General And Administrative Expense | 13.4M | 13.9M | 15.8M | 15.3M |
| Research And Development | 413,300 | 466,629 | 1.3M | 1.6M |
| Depreciation And Amortization In Income Statement | 2.9M | 3.7M | 4.1M | 3.0M |
| Other Operating Expenses | 4.0M | 4.9M | 7.4M | 9.0M |
| Operating Expense | 26.3M | 28.6M | 35.4M | 40.6M |
| Operating Income | -957,011 | -740,301 | -3.4M | -8.7M |
| EBIT | -645,283 | -1.5M | -6.2M | -7.6M |
| Interest Expense | 1.4M | 2.0M | 2.1M | 2.4M |
| Interest Expense Non Operating | 1.4M | 2.0M | 2.1M | 2.4M |
| Interest Income | 48,330 | 62,595 | 62,472 | 96,166 |
| Interest Income Non Operating | 48,330 | 62,595 | 62,472 | 96,166 |
| Net Interest Income | -1.3M | -2.0M | -2.0M | -3.8M |
| Other Income Expense | 283,399 | -800,402 | -2.8M | 2.6M |
| Other Non Operating Income Expenses | 148,929 | 246,680 | 225,887 | 222,416 |
| Special Income Charges | -17,083 | -1.0M | -3.7M | -900,153 |
| Restructuring And Mergern Acquisition | 0.00 | 102,415 | 218,374 | 900,153 |
| Write Off | 0.00 | 2.1M | 3.4M | 0.00 |
| Gain On Sale Of Security | 151,553 | -24,854 | 690,111 | 3.2M |
| Pretax Income | -2.0M | -3.5M | -8.3M | -10.0M |
| Tax Provision | -770,437 | 279,172 | -383,703 | 371,091 |
| Tax Effect Of Unusual Items | 51,339 | -418,833 | -140,442 | 617,354 |
| Net Income From Continuing And Discontinued Operation | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Income From Continuing Operation Net Minority Interest | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Income Including Noncontrolling Interests | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Income Common Stockholders | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Income | -1.2M | -3.8M | -7.9M | -10.3M |
| EBITDA | 2.2M | 2.2M | -2.1M | -4.6M |
| Normalized EBITDA | 2.1M | 3.2M | 933,505 | -6.9M |
| Reconciled Depreciation | 2.9M | 3.7M | 4.1M | 3.0M |
| Basic EPS | -0.03 | -0.09 | -0.25 | -0.41 |
| Diluted EPS | -0.03 | -0.09 | -0.25 | -0.41 |
| Basic Average Shares | 42.0M | 41.9M | 31.8M | 25.0M |
| Diluted Average Shares | 42.0M | 41.9M | 31.8M | 25.0M |
| Total Unusual Items | 134,470 | -1.0M | -3.0M | 2.3M |
| Total Unusual Items Excluding Goodwill | 134,470 | -1.0M | -3.0M | 2.3M |
| Tax Rate For Calcs | 0.38 | 0.40 | 0.05 | 0.27 |
| Normalized Income | -1.3M | -3.1M | -5.0M | -12.0M |
| Depreciation Amortization Depletion Income Statement | 2.9M | 3.7M | 4.1M | 3.0M |
| Diluted NI Availto Com Stockholders | -1.2M | -3.8M | -7.9M | -10.3M |
| Gain On Sale Of Ppe | -17,083 | -60,905 | 0.00 | -- |
| Net Income Continuous Operations | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Non Operating Interest Income Expense | -1.3M | -2.0M | -2.0M | -3.8M |
| Other Gand A | 13.4M | 13.9M | 15.8M | 15.3M |
| Other Special Charges | -- | -1.3M | 107,524 | -- |
| Reconciled Cost Of Revenue | 40.1M | 44.4M | 60.2M | 58.8M |
| Selling And Marketing Expense | 5.6M | 5.6M | 6.8M | 11.7M |
| Total Expenses | 66.4M | 73.0M | 95.6M | 99.4M |
| Total Operating Income As Reported | -957,011 | -740,301 | -3.4M | 8.7M |
| Total Other Finance Cost | 20,000 | -- | -- | 1.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 2.3M | 2.6M | 4.1M | 1.7M |
| Cash Cash Equivalents And Short Term Investments | 2.8M | 3.0M | 4.4M | 1.8M |
| Other Short Term Investments | 445,415 | 445,415 | 318,000 | 118,000 |
| Accounts Receivable | 3.7M | 3.7M | 3.4M | 3.1M |
| Receivables | 3.7M | 4.2M | 4.2M | 4.4M |
| Inventory | 9.6M | 6.2M | 6.7M | 7.5M |
| Prepaid Assets | 802,978 | 1.2M | 1.7M | 2.4M |
| Current Assets | 16.9M | 14.6M | 17.0M | 16.1M |
| Gross PPE | 9.0M | 7.3M | 8.4M | 8.0M |
| Accumulated Depreciation | -5.8M | -4.6M | -4.3M | -3.1M |
| Net PPE | 3.2M | 2.7M | 4.2M | 4.9M |
| Goodwill | 2.5M | 2.5M | 2.5M | 4.3M |
| Goodwill And Other Intangible Assets | 4.4M | 6.1M | 10.7M | 16.9M |
| Other Intangible Assets | 1.9M | 3.5M | 8.2M | 12.7M |
| Other Non Current Assets | -- | -- | -1.00 | -- |
| Total Non Current Assets | 10.8M | 10.8M | 17.0M | 23.4M |
| Total Assets | 27.8M | 25.4M | 34.0M | 39.5M |
| Current Debt | 2.4M | 2.1M | 4.8M | 4.9M |
| Current Debt And Capital Lease Obligation | 3.6M | 3.4M | 6.2M | 6.1M |
| Accounts Payable | 8.2M | 5.4M | 5.1M | 6.0M |
| Payables | 9.2M | 6.1M | 5.5M | 6.9M |
| Payables And Accrued Expenses | 9.2M | 6.1M | 5.5M | 6.9M |
| Current Deferred Revenue | 1.4M | 1.6M | 1.8M | 3.9M |
| Current Liabilities | 14.2M | 11.8M | 15.3M | 19.4M |
| Long Term Debt | 8.6M | 8.0M | 7.6M | 3.4M |
| Long Term Debt And Capital Lease Obligation | 10.3M | 9.3M | 10.5M | 7.3M |
| Long Term Capital Lease Obligation | 1.7M | 1.3M | 2.9M | 3.9M |
| Total Non Current Liabilities Net Minority Interest | 10.4M | 9.4M | 11.2M | 8.7M |
| Total Liabilities Net Minority Interest | 24.6M | 21.2M | 26.5M | 28.1M |
| Common Stock | 123.1M | 123.1M | 122.8M | 119.1M |
| Capital Stock | 123.1M | 123.1M | 122.8M | 119.1M |
| Retained Earnings | -131.5M | -130.2M | -126.5M | -118.6M |
| Common Stock Equity | 3.2M | 4.2M | 7.4M | 11.3M |
| Stockholders Equity | 3.2M | 4.2M | 7.4M | 11.3M |
| Total Equity Gross Minority Interest | 3.2M | 4.2M | 7.4M | 11.3M |
| Total Capitalization | 11.8M | 12.2M | 15.1M | 14.7M |
| Net Tangible Assets | -1.3M | -1.9M | -3.2M | -5.6M |
| Tangible Book Value | -1.3M | -1.9M | -3.2M | -5.6M |
| Working Capital | 2.7M | 2.8M | 1.6M | -3.4M |
| Invested Capital | 14.2M | 14.3M | 19.8M | 19.6M |
| Total Debt | 13.9M | 12.8M | 16.7M | 13.5M |
| Net Debt | 8.7M | 7.5M | 8.3M | 6.5M |
| Share Issued | 42.0M | 41.9M | 40.8M | 29.7M |
| Ordinary Shares Number | 42.0M | 41.9M | 40.8M | 29.7M |
| Capital Lease Obligations | 2.8M | 2.6M | 4.3M | 5.2M |
| Current Capital Lease Obligation | 1.2M | 1.3M | 1.4M | 1.3M |
| Current Deferred Liabilities | 1.4M | 2.2M | 3.7M | 6.4M |
| Current Notes Payable | 1.2M | 982,912 | 3.7M | 3.8M |
| Derivative Product Liabilities | 63,968 | 75,224 | 28,382 | 823,090 |
| Income Tax Payable | 707,584 | 210,339 | 0.00 | 735,420 |
| Leases | 8.0M | 6.4M | 6.7M | 6.7M |
| Line Of Credit | 1.2M | -- | -- | -- |
| Machinery Furniture Equipment | 169,284 | 156,815 | 1.3M | 1.2M |
| Non Current Deferred Assets | 2.8M | 1.5M | 1.2M | 364,329 |
| Non Current Deferred Liabilities | -- | 0.00 | 701,611 | 553,732 |
| Non Current Deferred Taxes Assets | 2.8M | 1.5M | 1.2M | 364,329 |
| Non Current Prepaid Assets | 434,040 | 434,040 | 987,216 | 1.2M |
| Other Current Borrowings | 5,407 | 2.1M | 1.1M | 1.0M |
| Other Equity Interest | 11.5M | 11.3M | 11.1M | 10.9M |
| Other Payable | 149,936 | 250,761 | 145,652 | 4,780 |
| Other Properties | 808,442 | 715,453 | 489,075 | 65,747 |
| Other Receivables | 42,952 | 497,614 | 584,855 | 1.3M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 9.6M | 6.2M | 6.7M | 7.5M |
| Taxes Receivable | -- | 0.00 | 171,502 | 0.00 |
| Total Tax Payable | 903,549 | 443,213 | 253,750 | 963,435 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 2.2M | 4.0M | -1.9M | -6.8M |
| Cash Flow From Continuing Operating Activities | 2.2M | 4.0M | -1.9M | -6.8M |
| Depreciation And Amortization | 2.9M | 3.7M | 4.1M | 3.0M |
| Depreciation Amortization Depletion | 2.9M | 3.7M | 4.1M | 3.0M |
| Stock Based Compensation | 191,615 | 201,795 | 266,817 | 459,231 |
| Deferred Tax | -770,437 | 279,172 | -383,703 | 371,091 |
| Deferred Income Tax | -770,437 | 279,172 | -383,703 | 371,091 |
| Change In Working Capital | 188,818 | 958,090 | -1.4M | -1.5M |
| Change In Receivables | 271,420 | -519,686 | 176,855 | -402,880 |
| Change In Inventory | -3.4M | 483,249 | 795,120 | -1.5M |
| Change In Payables And Accrued Expense | 3.1M | 308,845 | -973,665 | 1.3M |
| Change In Other Working Capital | -173,762 | -207,381 | -2.1M | 613,006 |
| Change In Other Current Assets | 0.00 | -127,415 | -200,000 | 0.00 |
| Other Non Cash Items | 1.1M | 553,049 | 1.8M | 4.4M |
| Capital Expenditure | -150,416 | -42,756 | -47,256 | -109,998 |
| Purchase Of PPE | -150,416 | -42,756 | -47,256 | -109,998 |
| Net PPE Purchase And Sale | -150,416 | -42,756 | -47,256 | -109,998 |
| Purchase Of Business | -- | -- | 0.00 | -9.4M |
| Investing Cash Flow | 41,293 | 224,152 | 196,763 | -9.3M |
| Cash Flow From Continuing Investing Activities | 41,293 | 224,152 | 196,763 | -9.3M |
| Issuance Of Debt | 3.0M | 0.00 | 4.5M | 0.00 |
| Repayment Of Debt | -4.4M | -4.2M | -2.3M | -2.5M |
| Net Issuance Payments Of Debt | -1.4M | -4.2M | 2.2M | -2.5M |
| Issuance Of Capital Stock | 27,372 | 306,395 | 3.7M | 16.6M |
| Net Common Stock Issuance | 27,372 | 306,395 | 3.7M | 16.6M |
| Financing Cash Flow | -2.5M | -5.8M | 4.1M | 12.4M |
| Cash Flow From Continuing Financing Activities | -2.5M | -5.8M | 4.1M | 12.4M |
| Effect Of Exchange Rate Changes | 0.00 | 426.00 | -68,545 | 0.00 |
| Changes In Cash | -254,402 | -1.5M | 2.5M | -3.7M |
| Beginning Cash Position | 2.6M | 4.1M | 1.7M | 5.4M |
| End Cash Position | 2.3M | 2.6M | 4.1M | 1.7M |
| Free Cash Flow | 2.0M | 4.0M | -1.9M | -6.9M |
| Asset Impairment Charge | 0.00 | 2.1M | 3.4M | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 426,549 | 1.0M | 860,959 | -1.6M |
| Common Stock Issuance | 27,372 | 306,395 | 3.7M | 16.6M |
| Gain Loss On Investment Securities | -11,256 | 46,842 | -794,708 | -- |
| Gain Loss On Sale Of PPE | 14,766 | 60,905 | 7,000 | 0.00 |
| Interest Paid Cff | -375,629 | -1.1M | -1.1M | -225,745 |
| Interest Paid Cfo | -- | -- | 284,868 | 317,282 |
| Interest Received Cfo | -- | 201,222 | 284,868 | 317,282 |
| Long Term Debt Issuance | 3.0M | 0.00 | 4.5M | 0.00 |
| Long Term Debt Payments | -4.4M | -4.2M | -2.3M | -2.5M |
| Net Business Purchase And Sale | -- | -- | 0.00 | -9.4M |
| Net Foreign Currency Exchange Gain Loss | -129,830 | -36,333 | 44,991 | 16,238 |
| Net Income From Continuing Operations | -1.2M | -3.8M | -7.9M | -10.3M |
| Net Long Term Debt Issuance | -1.4M | -4.2M | 2.2M | -2.5M |
| Net Other Financing Charges | -701,968 | -695,133 | -739,317 | -1.5M |
| Net Other Investing Changes | 191,709 | 266,908 | 244,019 | 223,090 |
| Operating Gains Losses | -126,320 | 225,988 | -635,193 | 16,238 |
| Proceeds From Stock Option Exercised | -- | 0.00 | 15,244 | 20,901 |
| Taxes Refund Paid | -17,415 | -229,520 | -1.4M | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | -- | -794,708 | -3.4M |