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BuildDirect Streamlines Platform Operations, Unlocking US$900,000 in Annualized Savings

General News
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BuildDirect.com Technologies Inc. (“BuildDirect” or “Company”), a leading omnichannel building material retailer, is pleased to announce the implementation of a new operational streamlining strategy aimed at enhancing business efficiency and improving profitability. This initiative is expected to generate approximately US$600,000 in savings in 2025, with an annualized impact of US$900,000.

As part of its ongoing commitment to financial discipline and sustainable growth, BuildDirect has taken steps to consolidate certain functions across the business to streamline platform operations, optimize resource allocation, and enhance automation. These efforts align with the Company’s broader strategy to drive efficiency, drive margin expansion, and strengthen its competitive position in the flooring materials sector.

“By refining our operational structure and leveraging technology-driven efficiencies, we aim to enhance our ability to deliver value to both our customers and shareholders,” said Shawn Wilson, CEO at BuildDirect. “These cost-saving initiatives intend to position us for stronger financial performance while ensuring our corporate platform is well-equipped to drive both organic and acquisitive growth.”

The projected savings will contribute to BuildDirect’s long-term growth strategy, which aims to ensure the Company remains well-positioned to navigate industry trends while reinforcing its financial resilience. The Company will continue to evaluate additional opportunities to improve operational efficiency and drive sustainable profitability.

About BuildDirect

BuildDirect (TSXV: BILD “BuildDirect” or the “Company”) is a growing omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect’s growth trajectory, strong product offering, and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit www.BuildDirect.com.

Source: BuildDirect.com Technologies Inc.