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DIRTT Environmental Solutions
(TSX:DRT)
DIRTT Environmental Solutions (DRT) vs. S&P 500 (SPY)
DIRTT Environmental Solutions Business Overview & Revenue Model
DIRTT Environmental Solutions Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 174.31M | 181.93M | 172.16M | 147.59M | 171.51M | Gross Profit |
| 64.38M | 59.54M | 28.16M | 23.46M | 53.28M | EBIT |
| 4.23M | -16.55M | -37.82M | -49.04M | -8.55M | EBITDA |
| 25.79M | -391.00K | -37.77M | -45.42M | 3.78M | Net Income Common Stockholders |
| 14.77M | -14.58M | -54.96M | -53.67M | -11.30M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 29.29M | 24.74M | 10.82M | 60.31M | 45.85M | Total Assets |
| 118.22M | 124.32M | 143.65M | 199.44M | 183.14M | Total Debt |
| 52.32M | 89.75M | 98.86M | 104.12M | 41.25M | Net Debt |
| 23.04M | 65.00M | 88.04M | 43.81M | -4.59M | Total Liabilities |
| 75.63M | 117.22M | 125.66M | 131.67M | 66.61M | Stockholders Equity |
| 42.59M | 7.10M | 17.99M | 67.77M | 116.53M |
| Cash Flow | Free Cash Flow | |||
| 4.16M | 11.79M | -48.33M | -45.33M | -7.63M | Operating Cash Flow |
| 7.34M | 14.82M | -44.26M | -31.21M | 12.48M | Investing Cash Flow |
| -1.90M | 7.66M | -4.02M | -14.14M | -19.39M | Financing Cash Flow |
| -415.00K | -11.61M | -874.00K | 62.45M | 5.72M |
DIRTT Environmental Solutions Technical Analysis
DIRTT Environmental Solutions Peers Comparison
DIRTT Environmental Solutions Earnings Call Summary
DIRTT Environmental Solutions Corporate Events
DIRTT Environmental Solutions Ltd. announced it will release its first quarter 2025 financial results on May 7, 2025, after market close. The company will host a conference call and webcast on May 8, 2025, to discuss the results, with CEO Benjamin Urban and CFO Fareeha Khan leading the discussion. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.
Spark’s Take on TSE:DRT Stock
According to Spark, TipRanks’ AI Analyst, TSE:DRT is a Neutral.
DIRTT Environmental Solutions is on a recovery path with improved profitability and a strong cash position. However, high leverage and declining revenue pose significant risks. The stock shows some technical weakness, but the valuation appears fair. Positive corporate events and a cautiously optimistic earnings call sentiment provide some support, although legal risks and operational challenges remain.
To see Spark’s full report on TSE:DRT stock, click here.
DIRTT Environmental Solutions has been recognized as the top company in Manufacturing on Fast Company’s list of the World’s Most Innovative Companies of 2025. This accolade highlights DIRTT’s innovative approach in the construction industry, where it combines advanced technology with precision manufacturing to deliver adaptable and efficient interior construction solutions. The company’s technology-driven methods address the inefficiencies of traditional construction by reducing waste and enhancing speed and precision, benefiting industries such as healthcare, education, and commercial offices.
DIRTT Environmental Solutions reported a slight decrease in revenue for the fourth quarter of 2024 compared to the previous year, but saw improvements in net income and adjusted EBITDA. The company announced strategic initiatives including a share repurchase agreement and an extension of its credit facility with the Royal Bank of Canada. Additionally, DIRTT is preparing for a significant legal trial against Falkbuilt Ltd. in Canada, seeking damages for losses incurred.
DIRTT Environmental Solutions Ltd. announced it will release its fourth quarter 2024 financial results on February 26, 2025, post-market. The company plans a conference call and webcast the following day to discuss the results, led by CEO Benjamin Urban and CFO Fareeha Khan. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market positioning in the industrialized construction sector.
DIRTT Environmental Solutions announced a share repurchase agreement to buy back and cancel 3,920,844 common shares from NGEN III, LP, at a discounted price, leaving 189,643,903 shares outstanding post-transaction. This move is financed using cash reserves and is part of DIRTT’s strategic initiatives to optimize its capital structure, with the transaction being assessed and endorsed by an independent Special Committee and supported by a fairness opinion from KPMG LLP, reflecting DIRTT’s commitment to its shareholders and strategic goals.
DIRTT Environmental Solutions has provided an update on its legal proceedings against Falkbuilt, Smed, and Loberg. The U.S. District Court for the Northern District of Utah has dismissed DIRTT’s case in favor of Canada, recognizing it as the appropriate forum for the trade secret dispute. Consequently, DIRTT will pursue its claims in the Court of King’s Bench of Alberta, where a trial is scheduled for early 2026. The company seeks damages that could exceed $50 million, reflecting significant potential impacts on its operations and market presence.