BuildDirect

CBORD/Horizon Software Announces Appointment of Dan Park as President and Chief Executive Officer

Retrieved on: 
Monday, June 12, 2023

ITHACA, N.Y., June 12, 2023 (GLOBE NEWSWIRE) -- CBORD/Horizon Software, a business unit of Roper Technologies (NYSE: ROP), today announced the appointment of Dan Park as President and Chief Executive Officer.

Key Points: 
  • ITHACA, N.Y., June 12, 2023 (GLOBE NEWSWIRE) -- CBORD/Horizon Software, a business unit of Roper Technologies (NYSE: ROP), today announced the appointment of Dan Park as President and Chief Executive Officer.
  • CBORD/Horizon is a leading provider of software that connects foodservice, commerce, and housing systems on education, healthcare, and business campuses.
  • Park brings over three decades of experience building and leading teams at retail and technology companies, including Amazon and Target.
  • “Dan’s success record and growth-focused leadership style make him a great fit for CBORD/Horizon,” says Rob DeCarlo, CBORD/Horizon’s chief financial officer who served as interim chief executive officer.

BuildDirect Reports Fourth Quarter and Year End 2022 Financial Results

Retrieved on: 
Wednesday, April 12, 2023

See "Non-IFRS Measures" in the MD&A and the reconciliation to the most directly comparable IFRS measure below.

Key Points: 
  • See "Non-IFRS Measures" in the MD&A and the reconciliation to the most directly comparable IFRS measure below.
  • Gross profit of $7.9 million in Q4 2022, an increase of 14.1% quarter-over-quarter while gross margin percentage in Q4 2022 increased 500bps quarter-over-quarter, driven by the increasing focus on the more profitable Pro customer and improvements to the BuildDirect's e-commerce product margin.
  • In addition, the Company also intends to streamline its operations by unlocking operational synergies across all business units to improve its profitability.
  • Actual results may differ materially from BuildDirect's financial outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below.

BuildDirect.com Technologies Inc. Fourth Quarter and Full Year 2022 Conference Call

Retrieved on: 
Thursday, April 6, 2023

VANCOUVER, BC, April 6, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that it will report fourth quarter and full year 2022 financial results before the market open on Wednesday, April 12, 2023.

Key Points: 
  • VANCOUVER, BC, April 6, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, today announced that it will report fourth quarter and full year 2022 financial results before the market open on Wednesday, April 12, 2023.
  • Management will host a conference call and webcast to discuss the Company's financial results at 7:00 AM (PST) / 10:00 AM (EST) on the same day.
  • The Company will host a Q&A session during the webinar.

BuildDirect Appoints Jay Allen as General Manager

Retrieved on: 
Monday, April 3, 2023

VANCOUVER, BC, April 3, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has appointed Jay Allen as General Manager.

Key Points: 
  • VANCOUVER, BC, April 3, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has appointed Jay Allen as General Manager.
  • Mr. Allen also brings experience in growing early-stage companies to maturity and has established a proven track record of scaling multiple e-commerce businesses to reach profitability.
  • "We are pleased to add Jay Allen to our management team as he brings forth valuable expertise in scaling up e-commerce and digital businesses," said Shawn Wilson, CEO of BuildDirect.
  • "Mr. Allen has worked with different home goods and flooring companies at various stages, ranging from startups to multi-billion dollar companies.

BuildDirect Subsidiary Signs US$500,000 Contract with U.S. Real Estate Investment Firm

Retrieved on: 
Tuesday, February 7, 2023

VANCOUVER, BC, Feb. 7, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company's wholly-owned U.S. subsidiary, FloorSource Wholesale & Supply ("FloorSource") has signed an approximately US$500,000 contract (the "Contract") with a U.S. real estate investment firm (the "Customer") in connection with a luxury multi-family real estate project in Michigan, United States, that is currently in development (the "Project").

Key Points: 
  • VANCOUVER, BC, Feb. 7, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company's wholly-owned U.S. subsidiary, FloorSource Wholesale & Supply ("FloorSource") has signed an approximately US$500,000 contract (the "Contract") with a U.S. real estate investment firm (the "Customer") in connection with a luxury multi-family real estate project in Michigan, United States, that is currently in development (the "Project").
  • According to the terms of the Contract, FloorSource will provide approximately 114,000 square feet of vinyl plank and 7,300 square yards of carpet to the Customer for the Project.
  • The Contract is expected to be completed in Q1 2023 and the FloorSource intends to secure more contracts for additional properties from the Customer.
  • "This contract highlights our commitment to expand our sales pipeline for our flooring products," said Shawn Wilson, CEO of BuildDirect.

BuildDirect Appoints Eyal Ofir to its Audit Committee

Retrieved on: 
Tuesday, February 7, 2023

VANCOUVER, BC, Feb. 6, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, announced today that the Company has appointed Eyal Ofir to its Audit Committee.

Key Points: 
  • VANCOUVER, BC, Feb. 6, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, announced today that the Company has appointed Eyal Ofir to its Audit Committee.
  • With over 20 years of investment banking and capital markets experience, Eyal Ofir is currently a Director of BuildDirect, having been appointed in April 2022.
  • The Company also announced today that Natalie Ku is resigning as the Chief Operations Officer of the Company effective February 3, 2023, and Julie Todaro is stepping down from her role as Director of the Company effective immediately.
  • "We are pleased to announce the appointment of Eyal Ofir to our Audit Committee," said Shawn Wilson, CEO of BuildDirect.

BuildDirect Signs US$350,000 Contract with North American Real Estate Company

Retrieved on: 
Thursday, February 2, 2023

VANCOUVER, BC, Feb. 2, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has signed an approximately US$350,000 contract (the "Contract") with a North American real estate investment company (the "Customer") in connection with a multi-family real estate project in Arizona, United States, that is currently in development (the "Project").

Key Points: 
  • VANCOUVER, BC, Feb. 2, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has signed an approximately US$350,000 contract (the "Contract") with a North American real estate investment company (the "Customer") in connection with a multi-family real estate project in Arizona, United States, that is currently in development (the "Project").
  • According to the terms of the Contract, BuildDirect will provide the Customer with two types of SPC flooring materials for approximately 180,000 square feet of the Project.
  • "This Contract highlights our capability to sign large orders with real estate investment firms," said Shawn Wilson, CEO of BuildDirect.
  • "We aim to continue supplying quality flooring materials to other B2B customers in completing various construction projects across North America.

BuildDirect Subsidiary Signs US$106,000 Contract with U.S. Construction and Renovation Company

Retrieved on: 
Tuesday, January 31, 2023

The Customer focuses on delivering interior construction and renovation services for various types of businesses.

Key Points: 
  • The Customer focuses on delivering interior construction and renovation services for various types of businesses.
  • According to the terms of the Contract, FloorSource will provide luxury vinyl flooring materials to the Customer as part of a three-phase project of which FloorSource has completed the first phase.
  • "We are delighted to announce a new contract with a U.S. construction and renovation company," said Shawn Wilson, CEO of BuildDirect.
  • We look forward to completing the remaining two phases of this Contract."

BuildDirect Enters Marketing Partnership with Wedgewood's Maverick Design

Retrieved on: 
Thursday, January 26, 2023

VANCOUVER, BC, Jan. 26, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has entered into a partnership with Maverick Design ("Maverick"), the award-winning interior design studio at Wedgewood Homes , a division of Wedgewood LLC ("Wedgewood") to launch a white-label marketing program for a collection of quality Maverick-branded engineered wood floors - The Maverick Design Wood Flooring Collection (the "Collection").

Key Points: 
  • VANCOUVER, BC, Jan. 26, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company has entered into a partnership with Maverick Design ("Maverick"), the award-winning interior design studio at Wedgewood Homes , a division of Wedgewood LLC ("Wedgewood") to launch a white-label marketing program for a collection of quality Maverick-branded engineered wood floors - The Maverick Design Wood Flooring Collection (the "Collection").
  • Maverick Design specializes in the renovation, revitalization, and reimagination of homes and commercial projects across the United States.
  • Under the partnership, BuildDirect will merchandise the Collection on its e-commerce platform to support Maverick's brand, product awareness and sales.
  • "We are delighted to partner with Maverick, a well-recognized creative and interior design studio," said Shawn Wilson, CEO of BuildDirect.

BuildDirect Subsidiary Announces Integration of RFMS Enterprise Resource Planning Software

Retrieved on: 
Tuesday, January 24, 2023

VANCOUVER, BC, Jan. 24, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company's wholly-owned U.S. subsidiary, Superb Flooring Covering, LLC ("Superb"), has integrated the RFMS Inc.'s Enterprise Resource Planning (ERP) software.

Key Points: 
  • VANCOUVER, BC, Jan. 24, 2023 /PRNewswire/ - BuildDirect.com Technologies Inc. (TSXV: BILD) ("BuildDirect" or the "Company"), a leading omnichannel building material retailer, is pleased to announce that the Company's wholly-owned U.S. subsidiary, Superb Flooring Covering, LLC ("Superb"), has integrated the RFMS Inc.'s Enterprise Resource Planning (ERP) software.
  • In addition, the implementation enables an efficient workflow structure, which could allow Superb to grow with streamlined personnel support and associated costs.
  • "In order to continue to improve the efficiency of Superb's operations, we decided to adopt the ERP software from RFMS to manage Superb's internal systems," said Shawn Wilson, CEO of BuildDirect.
  • "As we continue to scale our operations, we intend to continue strengthening our technology infrastructure to maximize our overall productivity and drive continued growth."