BuildDirect (BILD.V): Omnichannel Flooring Disruptor with Pro Driven Growth скачать в хорошем качестве

BuildDirect (BILD.V): Omnichannel Flooring Disruptor with Pro Driven Growth

Mark Zaret from Teraz Fund joins Sean Iddings to have a conversation with CEO Shawn Wilson of BuildDirect (TSX-V: BILD, OTC: BDCTF). This MicroCap Business Breakdowns discussion took place live on March 6th, 2025, on the MicroCapClub Community. https://microcapclub.com/join-now/ BuildDirect is focused on growing its presence in the North American flooring market through the organic development and acquisition of profitable brick-and-mortar locations known as ‘Pro Centers’. BILD is well-positioned to consolidate the highly fragmented flooring industry, which is dominated by small independent operators. Management’s goal is to grow from 9 locations to 50+ locations using a disciplined, capital efficient, high IRR approach. In most cases acquisitions can be made at 1-3x EBITDA, which means a 2-year payback or 40% IRRs. BILD has strong momentum under its new leadership, with CEO Shawn Wilson. He has spent his entire career in the flooring industry. Over the last two years he has reduced BILD’s cost of capital by renegotiating loans, streamlined their software systems, and focused on repeat pro customers (contractors) while expanding with new locations. These changes were made without harming BILD’s capital structure and with strong backing from major shareholders—three multi-billion-dollar entities that control ~80% of the shares. At a $45m market cap with $70M run rate sales and positive EBITDA, the current market cap is uncommanding. After two years of turning the business around, 2025 will be the start of "growth" mode. Strong leadership, a tight share structure, and improving business fundamentals could set the stage for institutional discovery over the next few years. MicroCap Business Breakdowns (MCBB), powered by MicroCapClub, is a monthly program where we invite leaders of unique microcap businesses to have in depth conversations with the MicroCapClub member/investor that knows the business best. In each conversation we look to drill down into the history, business, strategy, vision, and bull/bear case. The MicroCapClub community can tune in live and ask questions. We publicize each episode 1-2 weeks after the live discussion. https://microcapclub.com Disclaimer: The purpose of this presentation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. MicroCapClub is not a registered investment advisor. MicroCapClub, its partners, members, subscribers, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.