BuildDirect
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenues | 52.1m | 90.7m | 92.2m | 72.3m | 56.9m | 65.9m |
| % growth | - | 74 % | 2 % | (22 %) | (21 %) | 16 % |
| EBITDA | (2.7m) | (6.9m) | <1m | 4.7m | 4.4m | 7.5m |
| % EBITDA margin | (5 %) | (8 %) | 1 % | 6 % | 8 % | 11 % |
| Profit | (4.6m) | (10.3m) | (7.9m) | (3.8m) | (<1m) | 2.7m |
| % profit margin | (9 %) | (11 %) | (9 %) | (5 %) | - | 4 % |
| EV / revenue | - | 0.6x | 0.1x | 0.2x | 0.2x | 0.2x |
| EV / EBITDA | - | -7.4x | 7.9x | 3.7x | 3.1x | 1.8x |
| R&D budget | <1m | 1.6m | 1.3m | <1m | - | - |
| R&D % of revenue | 1 % | 2 % | 1 % | 1 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$6.4m | Late VC | ||
$16.0m | Late VC | ||
$4.0m | Early VC | ||
$30.0m | Series B | ||
$50.0m | Series C | ||
$28.0m | Series D | ||
| N/A | $3.9m | IPO | |
* | N/A | $3.0m | Post IPO Debt |
* | CAD1.5m | Post IPO Debt | |
* | CAD415k | Private Placement VC | |
* | N/A | CAD1.0m | Post IPO Debt |
| Total Funding | €122m | ||
Related Content
Recent News about BuildDirect
EditBuildDirect is a pioneering technology platform that revolutionizes the way homeowners and home improvement professionals in North America purchase building materials. Founded in 1999, the company operates an online marketplace that connects buyers with suppliers and sellers of high-quality building materials from around the globe. These materials include flooring, tile, decking, and more.
The primary clients of BuildDirect are homeowners looking to renovate or build their homes and professionals in the home improvement industry. The company operates within the home improvement and construction materials market, which is a significant sector given the constant demand for home renovations and new constructions.
BuildDirect's business model is centered around its digital platform, which simplifies the purchasing process for building materials. The platform offers a range of services, including access to specialized product experts, a concierge service for personalized assistance, and free samples of select products. This allows customers to make informed decisions by touching and feeling the products before committing to a purchase. Additionally, BuildDirect provides a 30-day money-back guarantee on select products, ensuring customer satisfaction and confidence.
The company generates revenue by facilitating transactions between buyers and sellers on its platform. It likely earns a commission or fee from each sale made through its marketplace. Furthermore, BuildDirect's proprietary heavyweight delivery network ensures timely and efficient delivery of materials, adding value to its service offering.
In summary, BuildDirect is an innovative online marketplace that simplifies the purchase of building materials for homeowners and professionals. It leverages technology to provide a seamless buying experience, backed by expert advice, free samples, and a satisfaction guarantee.
Keywords: online marketplace, building materials, home improvement, flooring, tile, decking, North America, digital platform, delivery network, customer satisfaction.