BuildDirect.com Technologies Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 18.1M | 16.9M | 15.1M | 16.7M | 17.0M |
| Operating Revenue | 18.1M | 16.9M | 15.1M | 16.7M | 17.0M |
| Cost Of Revenue | 11.0M | 10.1M | 8.9M | 10.2M | 10.5M |
| Gross Profit | 7.0M | 6.7M | 6.2M | 6.6M | 6.5M |
| Selling General And Administration | 5.2M | 5.3M | 4.7M | 5.1M | 4.9M |
| General And Administrative Expense | 3.8M | 3.8M | 3.3M | 3.6M | 3.5M |
| Research And Development | -- | -- | -- | 95,138 | 103,983 |
| Depreciation And Amortization In Income Statement | 894,690 | 741,148 | 770,538 | 758,928 | 702,445 |
| Other Operating Expenses | 941,622 | -264,757 | 895,598 | 1.0M | 916,051 |
| Operating Expense | 7.1M | 5.7M | 6.4M | 7.0M | 6.5M |
| Operating Income | -40,586 | 996,596 | -155,299 | -401,257 | -11,147 |
| EBIT | -305,268 | 734,785 | -418,295 | -357,513 | 15,101 |
| Interest Expense | 494,169 | 407,327 | 348,610 | 389,062 | 332,015 |
| Interest Expense Non Operating | 494,169 | 407,327 | 348,610 | 389,062 | 332,015 |
| Interest Income | 2,168 | 9,888 | 6,440 | 5,183 | 5,771 |
| Interest Income Non Operating | 2,168 | 9,888 | 6,440 | 5,183 | 5,771 |
| Net Interest Income | -492,001 | -397,439 | -342,170 | -383,879 | -326,244 |
| Other Income Expense | -266,851 | -271,699 | -269,436 | 38,562 | 20,477 |
| Other Non Operating Income Expenses | 4,188 | -- | -- | -8.00 | 37,461 |
| Special Income Charges | -46,368 | -28,900 | -120,014 | -17,083 | 0.00 |
| Restructuring And Mergern Acquisition | 49,368 | 36,871 | 120,014 | 0.00 | 0.00 |
| Gain On Sale Of Security | -224,671 | -242,799 | -149,422 | 55,653 | -16,984 |
| Pretax Income | -799,437 | 327,458 | -766,905 | -746,575 | -316,914 |
| Tax Provision | 147,000 | 189,000 | 119,000 | -989,812 | 67,500 |
| Tax Effect Of Unusual Items | -40,656 | -40,755 | -40,415 | 5,786 | -2,548 |
| Net Income From Continuing And Discontinued Operation | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Income From Continuing Operation Net Minority Interest | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Income Including Noncontrolling Interests | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Income Common Stockholders | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Income | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| EBITDA | 589,422 | 1.5M | 352,243 | 401,415 | 717,546 |
| Normalized EBITDA | 860,461 | 1.8M | 621,679 | 362,845 | 734,530 |
| Reconciled Depreciation | 894,690 | 756,140 | 763,042 | 758,928 | 702,445 |
| Basic EPS | -0.02 | 0.01 | -0.02 | -- | -0.01 |
| Diluted EPS | -0.02 | 0.01 | -0.02 | -- | -0.01 |
| Basic Average Shares | 46.1M | 42.1M | 42.0M | -- | 42.0M |
| Diluted Average Shares | 46.1M | 42.1M | 42.0M | -- | 42.0M |
| Total Unusual Items | -271,039 | -271,699 | -269,436 | 38,570 | -16,984 |
| Total Unusual Items Excluding Goodwill | -271,039 | -271,699 | -269,436 | 38,570 | -16,984 |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Normalized Income | -716,054 | 369,402 | -656,884 | 210,452 | -369,978 |
| Depreciation Amortization Depletion Income Statement | 894,690 | 741,148 | 770,538 | 758,928 | 702,445 |
| Diluted NI Availto Com Stockholders | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Gain On Sale Of Ppe | 3,000 | 7,971 | -- | -- | 0.00 |
| Net Income Continuous Operations | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Non Operating Interest Income Expense | -492,001 | -397,439 | -342,170 | -383,879 | -326,244 |
| Other Gand A | 3.8M | 3.8M | 3.3M | 3.6M | 3.5M |
| Reconciled Cost Of Revenue | 11.0M | 10.1M | 8.9M | 10.2M | 10.5M |
| Selling And Marketing Expense | 1.5M | 1.5M | 1.4M | 1.5M | 1.4M |
| Total Expenses | 18.1M | 15.9M | 15.2M | 17.1M | 17.0M |
| Total Operating Income As Reported | -40,586 | -173,541 | -155,299 | -401,257 | -11,147 |
| Total Other Finance Cost | -- | -- | -- | 0.00 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 8.8M | 4.1M | 3.5M | 2.3M | 2.6M |
| Cash Cash Equivalents And Short Term Investments | 8.8M | 4.3M | 3.7M | 2.8M | 3.1M |
| Other Short Term Investments | 0.00 | 200,000 | 200,000 | 445,415 | 445,415 |
| Accounts Receivable | 4.1M | 4.2M | 2.9M | 3.7M | 4.2M |
| Receivables | 4.1M | 4.2M | 3.0M | 3.7M | 4.2M |
| Inventory | 10.7M | 10.0M | 9.0M | 9.6M | 8.2M |
| Prepaid Assets | 914,533 | 920,832 | 871,740 | 802,978 | 1.6M |
| Current Assets | 24.6M | 19.5M | 16.6M | 16.9M | 17.1M |
| Gross PPE | 12.3M | 9.1M | 9.1M | 9.0M | 7.4M |
| Accumulated Depreciation | -7.0M | -6.5M | -6.2M | -5.8M | -5.5M |
| Net PPE | 5.4M | 2.6M | 2.9M | 3.2M | 2.0M |
| Goodwill | 2.5M | 2.5M | 2.5M | 2.5M | 2.5M |
| Goodwill And Other Intangible Assets | 3.2M | 3.6M | 4.0M | 4.4M | 4.8M |
| Other Intangible Assets | 651,807 | 1.1M | 1.5M | 1.9M | 2.3M |
| Other Non Current Assets | -1.00 | -- | -1.00 | -- | -- |
| Total Non Current Assets | 12.3M | 10.1M | 10.2M | 10.8M | 8.7M |
| Total Assets | 36.8M | 29.6M | 26.7M | 27.8M | 25.8M |
| Current Debt | 4.6M | 4.2M | 3.6M | 2.4M | 2.4M |
| Current Debt And Capital Lease Obligation | 5.6M | 5.0M | 4.6M | 3.6M | 3.5M |
| Accounts Payable | 7.1M | 7.6M | 6.5M | 8.2M | 8.6M |
| Payables | 9.1M | 9.2M | 8.0M | 9.2M | 9.5M |
| Payables And Accrued Expenses | 9.1M | 9.2M | 8.0M | 9.2M | 9.5M |
| Current Deferred Revenue | 1.2M | 1.6M | 1.5M | 1.4M | 1.4M |
| Current Liabilities | 16.0M | 15.9M | 14.0M | 14.2M | 14.4M |
| Long Term Debt | 9.6M | 9.4M | 8.6M | 8.6M | 8.0M |
| Long Term Debt And Capital Lease Obligation | 13.6M | 10.9M | 10.2M | 10.3M | 8.5M |
| Long Term Capital Lease Obligation | 4.0M | 1.5M | 1.6M | 1.7M | 504,971 |
| Other Non Current Liabilities | 1.00 | -- | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 14.1M | 11.2M | 10.4M | 10.4M | 8.5M |
| Total Liabilities Net Minority Interest | 30.1M | 27.1M | 24.4M | 24.6M | 22.9M |
| Common Stock | 128.3M | 123.2M | 123.1M | 123.1M | 123.1M |
| Capital Stock | 128.3M | 123.2M | 123.1M | 123.1M | 123.1M |
| Retained Earnings | -133.2M | -132.2M | -132.4M | -131.5M | -131.7M |
| Common Stock Equity | 6.7M | 2.5M | 2.3M | 3.2M | 2.9M |
| Stockholders Equity | 6.7M | 2.5M | 2.3M | 3.2M | 2.9M |
| Total Equity Gross Minority Interest | 6.7M | 2.5M | 2.3M | 3.2M | 2.9M |
| Total Capitalization | 16.4M | 11.9M | 10.9M | 11.8M | 10.9M |
| Net Tangible Assets | 3.6M | -1.1M | -1.7M | -1.3M | -1.9M |
| Tangible Book Value | 3.6M | -1.1M | -1.7M | -1.3M | -1.9M |
| Working Capital | 8.6M | 3.6M | 2.5M | 2.7M | 2.7M |
| Invested Capital | 21.0M | 16.2M | 14.5M | 14.2M | 13.3M |
| Total Debt | 19.3M | 15.9M | 14.8M | 13.9M | 12.0M |
| Net Debt | 5.4M | 9.6M | 8.7M | 8.7M | 7.8M |
| Share Issued | 48.2M | 42.1M | 42.0M | 42.0M | 42.0M |
| Ordinary Shares Number | 48.2M | 42.1M | 42.0M | 42.0M | 42.0M |
| Capital Lease Obligations | 5.0M | 2.3M | 2.6M | 2.8M | 1.6M |
| Current Capital Lease Obligation | 997,881 | 766,881 | 975,734 | 1.2M | 1.1M |
| Current Deferred Liabilities | 1.2M | 1.6M | 1.5M | 1.4M | 1.4M |
| Current Notes Payable | 609,137 | 909,098 | 1.2M | 1.2M | 1.2M |
| Derivative Product Liabilities | 469,961 | 311,589 | 195,037 | 63,968 | 35,176 |
| Income Tax Payable | 1.1M | 995,888 | 809,973 | 707,584 | 428,713 |
| Leases | 11.0M | 8.0M | 8.0M | 8.0M | 6.5M |
| Line Of Credit | 4.0M | 3.3M | 2.4M | 1.2M | -- |
| Machinery Furniture Equipment | 234,094 | 202,058 | 188,748 | 169,284 | 462,529 |
| Non Current Deferred Assets | 2.8M | 2.8M | 2.8M | 2.8M | 1.5M |
| Non Current Deferred Taxes Assets | 2.8M | 2.8M | 2.8M | 2.8M | 1.5M |
| Non Current Note Receivables | 499,660 | 568,075 | -- | -- | -- |
| Non Current Prepaid Assets | 408,931 | 508,382 | 434,040 | 434,040 | 434,040 |
| Other Current Borrowings | 6,022 | 6,275 | 5,561 | 5,407 | 1.2M |
| Other Equity Interest | 11.6M | 11.6M | 11.5M | 11.5M | 11.5M |
| Other Payable | 254,281 | 215,675 | 208,472 | 149,936 | 200,816 |
| Other Properties | 1.1M | 898,858 | 881,885 | 808,442 | 489,075 |
| Other Receivables | 65,905 | 30,666 | 76,354 | 42,952 | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 10.7M | 10.0M | 9.0M | 9.6M | 8.2M |
| Total Tax Payable | 1.7M | 1.4M | 1.3M | 903,549 | 703,529 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -171,691 | 529,253 | 767,704 | -162,108 | 1.1M |
| Cash Flow From Continuing Operating Activities | -171,690 | 529,253 | 767,704 | -162,109 | 1.1M |
| Depreciation And Amortization | 894,690 | 756,140 | 763,042 | 758,928 | 702,445 |
| Depreciation Amortization Depletion | 894,690 | 756,140 | 763,042 | 758,928 | 702,445 |
| Stock Based Compensation | 70,813 | 34,865 | 34,865 | 18,661 | 57,651 |
| Deferred Tax | 147,000 | 189,000 | 119,000 | -989,812 | 67,500 |
| Deferred Income Tax | 147,000 | 189,000 | 119,000 | -989,812 | 67,500 |
| Change In Working Capital | -842,788 | -1.1M | 312,716 | -260,089 | 264,163 |
| Change In Receivables | 94,525 | -1.2M | 680,877 | 517,852 | -715,584 |
| Change In Inventory | -641,176 | -1.1M | 639,887 | -1.4M | -2.6M |
| Change In Payables And Accrued Expense | -222,678 | 1.1M | -1.3M | -120,691 | 3.7M |
| Change In Other Working Capital | -379,209 | 170,019 | 70,279 | -17,340 | -170,087 |
| Change In Other Current Assets | 200,000 | 0.00 | 245,415 | 0.00 | 0.00 |
| Other Non Cash Items | 412,844 | 320,304 | 310,043 | 120,000 | 328,022 |
| Capital Expenditure | -79,287 | -55,113 | -101,014 | -52,269 | -49,218 |
| Purchase Of PPE | -79,287 | -55,113 | -101,014 | -52,269 | -49,218 |
| Net PPE Purchase And Sale | -76,287 | -32,613 | -101,014 | -52,269 | -49,218 |
| Investing Cash Flow | -76,287 | -32,613 | -101,014 | -52,269 | -211.00 |
| Cash Flow From Continuing Investing Activities | -76,287 | -32,613 | -101,014 | -52,269 | -211.00 |
| Issuance Of Debt | 836,973 | 1.4M | 1.2M | 2.0M | 34,026 |
| Repayment Of Debt | -864,315 | -1.2M | -634,603 | -1.9M | -708,480 |
| Net Issuance Payments Of Debt | -27,342 | 184,434 | 598,520 | 76,381 | -674,454 |
| Issuance Of Capital Stock | 5.2M | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | 5.2M | -- | -- | -- | 0.00 |
| Financing Cash Flow | 5.0M | 84,065 | 476,077 | -75,882 | -738,030 |
| Cash Flow From Continuing Financing Activities | 5.0M | 84,065 | 476,077 | -75,882 | -738,030 |
| Effect Of Exchange Rate Changes | -- | -- | -- | 0.00 | -156.00 |
| Changes In Cash | 4.8M | 580,705 | 1.1M | -290,259 | 314,235 |
| Beginning Cash Position | 4.1M | 3.5M | 2.3M | 2.6M | 2.3M |
| End Cash Position | 8.8M | 4.1M | 3.5M | 2.3M | 2.6M |
| Free Cash Flow | -250,978 | 474,140 | 666,690 | -214,377 | 1.0M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 105,750 | -123,434 | -68,762 | 782,322 | 118,768 |
| Common Stock Issuance | 5.2M | -- | -- | -- | 0.00 |
| Depreciation | 894,690 | 756,140 | 763,042 | -- | 702,445 |
| Gain Loss On Investment Securities | 158,372 | 116,552 | 131,069 | -- | -12,733 |
| Gain Loss On Sale Of PPE | -3,000 | -8,471 | -- | -- | 0.00 |
| Interest Paid Cff | -79,195 | -66,213 | -53,917 | -125,295 | -63,576 |
| Long Term Debt Issuance | 836,973 | 1.4M | 1.2M | 2.0M | 34,026 |
| Long Term Debt Payments | -864,315 | -1.2M | -634,603 | -1.9M | -708,480 |
| Net Foreign Currency Exchange Gain Loss | -63,185 | 105,586 | -515.00 | -80,175 | 29,842 |
| Net Income From Continuing Operations | -946,437 | 138,458 | -885,905 | 243,237 | -384,414 |
| Net Long Term Debt Issuance | -27,342 | 184,434 | 598,520 | 76,381 | -674,454 |
| Net Other Financing Charges | -87,341 | -46,278 | -72,939 | -26,968 | -10,000 |
| Net Other Investing Changes | -- | -- | -- | 0.00 | 49,007 |
| Operating Gains Losses | 92,187 | 213,667 | 130,554 | -76,665 | 17,109 |
| Proceeds From Stock Option Exercised | 0.00 | 12,122 | 4,413 | -- | 0.00 |
| Sale Of PPE | 3,000 | 22,500 | -- | -- | 0.00 |
| Taxes Refund Paid | 0.00 | -3,085 | -16,611 | -16,415 | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | -- | -12,733 |