DRTTF
DIRTT Environmental Solutions Ltd.0.6790
+0.0290+4.46%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
130.25MP/E (TTM)
-Basic EPS (TTM)
-0.04Dividend Yield
0%Recent Filings
10-K
FY2025 results
DIRTT's FY2025 revenue fell 3% y/y to $168.9M amid order delays from macroeconomic uncertainty and site readiness issues, yet Q4 accelerated with $50.9M (+4% y/y), fueled by high-value healthcare projects that drove 90% annual segment growth. Adjusted gross margin slipped to 35.2% from tariff costs ($6.8M), but Q4 Adjusted EBITDA hit $6.2M (12.1% margin), up from $5.5M prior year—December marked the highest revenue month in two years. Cash dipped to $20.3M amid buybacks and impairments, but liquidity stands at $32.1M with $11.8M revolver availability; debt matures 2026. Pipeline swelled 20% to $333M. Co-founder litigation poses competitive risk.
8-K
DIRTT Q4 revenue up 4%
DIRTT reported Q4 2025 revenue of $50.9 million, up 4% from 2024, with gross margin expanding to 36.6% and Adjusted EBITDA hitting $6.2 million. Leadership shuffled: COO out, CTO in; repaid C$16.6 million debentures; secured BDC financing. Issues 2026 guidance of $194-209 million revenue, $26-31 million Adjusted EBITDA. Falkbuilt trial drags on.
8-K
DIRTT adds director via pact
DIRTT inked a Support Agreement on February 13, 2026, with major shareholders 22NW (57.4M shares) and 726 Entities (28.9M shares), appointing Jeremy Gold to the board effective immediately. Shareholders commit to voting for board nominees at the 2026 meeting while standstill caps ownership and blocks unsolicited bids. Gold brings investment savvy. Deal ends 90 days post-meeting.
8-K
DIRTT shakes up exec team
DIRTT Environmental Solutions announced President and COO Rich Hunter's departure on January 12, 2026, without just cause under his employment agreement, entitling him to accrued salary, vacation, and benefits. The company simultaneously hired Aaron Merkin as new Chief Technology Officer to advance tech-driven operations and growth. Leadership shifts spotlight DIRTT's tech focus.
8-K
Lease terminated, costs slashed
DIRTT terminated its Rock Hill, SC lease effective December 30, 2025, paying a US$1 million fee to PDM and dodging US$10.5 million in future rents. This slashes recurring costs by US$1.6 million annually from January 2026, yet triggers a US$2.3 million non-cash impairment. Footprint rationalized. Earnings lift ahead.
IPO
Website
Employees
Sector
Industry
ACM
AECOM
98.35+0.39
ECG
Everus Construction Group, Inc.
89.22-0.35
FBGL
FBS Global Limited
0.86+0.06
FIX
Comfort Systems USA, Inc.
968.50+0.02
J
Jacobs Solutions Inc.
133.95-1.57
MYRG
MYR Group, Inc.
218.18-2.33
RITR
Reitar Logtech Holdings Limited
1.21+0.11
STRL
Sterling Infrastructure, Inc.
319.13+0.01
TTEK
Tetra Tech, Inc.
34.15-0.29
WLGSF
Wang & Lee Group Inc.
0.00+0.00