Announcement • Apr 28
DIRTT Environmental Solutions Ltd. to Report Q1, 2026 Results on May 06, 2026 DIRTT Environmental Solutions Ltd. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Announcement • Feb 26
DIRTT Environmental Solutions Ltd. Provides Earnings Guidance for the Year 2026 DIRTT Environmental Solutions Ltd. provided earnings guidance for the year 2026. For the year, the company expects revenue between $194.0 and $209.0 million. Announcement • Feb 24
DIRTT Environmental Solutions Ltd., Annual General Meeting, May 07, 2026 DIRTT Environmental Solutions Ltd., Annual General Meeting, May 07, 2026. Announcement • Jan 13
Dirtt Environmental Solutions Announces Executive Changes, Effective January 12, 2026 DIRTT Environmental Solutions announced two updates to its executive leadership team. Rich Hunter, President and Chief Operating Officer, has departed from the Company effective January 12, 2026. Rich Hunter joined DIRTT at a pivotal moment and was instrumental in the turnaround of manufacturing processes, including significant safety improvements and reduction of defects. DIRTT Environmental Solutions has welcomed Aaron Merkin to the executive leadership team in a newly created Chief Technology Officer role, effective January 12, 2026. Merkin brings extensive technology leadership experience spanning private equity-backed ventures to Fortune 500 corporations. Merkin was most recently Chief Technology Officer at Fortive, a global industrial technology leader, and has worked at companies including IBM, Dell, and Honeywell. Announcement • Nov 27
DIRTT Environmental Solutions Ltd. Appoints Scott Robinson as Executive Chairman of the Board and Adrian Zarate as Chief Transformation Officer, Effective November 26, 2025 DIRTT Environmental Solutions Ltd. announced two strategic short-term appointments to accelerate the Company’s transformation strategy. Scott Robinson has been appointed Executive Chairman of the Board and Adrian Zarate has been appointed Chief Transformation Officer, each effective November 26, 2025. Mr. Robinson has served on the Board of Directors since April 2022 and was appointed as Chairman of the Board in June 2024. In his new role as Executive Chairman, Mr. Robinson will coordinate the execution of the strategic plan established by the Board and executive team, execute on business and operational transformation initiatives and oversee the work of the newly appointed Chief Transformation Officer. In connection with this appointment, the Board has appointed Holly Hess Groos as Lead Independent Director. Mr. Zarate, who has served on DIRTT’s Board of Directors since July 2025 as the director nominee of 22NW Fund, LP (22NW), will remain on the Board and will step down from the Corporate Governance and Compensation Committee. He will also resign from his employment at 22NW effective immediately. Shally Pannikode, an independent member of the Board, will be appointed to the Corporate Governance and Compensation Committee. As Chief Transformation Officer, Mr. Zarate will collaborate with Mr. Robinson and the Company's executive team to implement financial aspects of the Company’s transformation plan. In connection with his appointment as Chief Transformation Officer, Mr. Zarate entered into an employment agreement with the Company for an initial term ending on June 30, 2026. Announcement • Nov 07
DIRTT Environmental Solutions Ltd. Provides Earnings Guidance for the Fourth Quarter of 2025 DIRTT Environmental Solutions Ltd. provided earnings guidance for the fourth quarter of 2025. For the period, Company expects revenue between $48.0 million and $52.0 million. Announcement • Oct 29
DIRTT Environmental Solutions Ltd. to Report Q3, 2025 Results on Nov 05, 2025 DIRTT Environmental Solutions Ltd. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Announcement • Jul 31
DIRTT Environmental Solutions Ltd. Appoints Adrian Zarate to the Board of Directors, Effective July 30, 2025 DIRTT Environmental Solutions Ltd. announced that Mr. Adrian Zarate has been appointed to the Company’s Board of Directors effective July 30, 2025. Mr. Zarate will be the nominee director for 22NW Fund, LP (“22NW”), DIRTT’s largest shareholder, pursuant to the Support and Standstill Agreement among DIRTT, 22NW and WWT Opportunity #1 LLC dated August 2, 2024. Mr. Zarate is a capital structure analyst at 22NW, LP, where he focuses on investments across a range of industry verticals. Mr. Zarate previously worked as an investment banker at Greenhill & Co., LLC and as a credit investor at Nuveen (TIAA-CREF). Mr. Zarate holds a BA in Economics from Columbia University and an MBA in Finance from The Wharton School. Announcement • Jul 23
DIRTT Environmental Solutions Ltd. to Report Q2, 2025 Results on Jul 30, 2025 DIRTT Environmental Solutions Ltd. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Jul 30, 2025 Announcement • May 02
DIRTT Environmental Solutions Ltd. announced delayed annual 10-K filing On 05/01/2025, DIRTT Environmental Solutions Ltd. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Feb 27
DIRTT Environmental Solutions Ltd. Maintains Earnings Guidance for the Year 2025 DIRTT Environmental Solutions Ltd. maintained earnings guidance for the year 2025. For the year, the company expects Revenue in the range of $194 million to $209 million. Announcement • Feb 25
DIRTT Environmental Solutions Ltd., Annual General Meeting, May 09, 2025 DIRTT Environmental Solutions Ltd., Annual General Meeting, May 09, 2025. Announcement • Feb 18
DIRTT Environmental Solutions Ltd. to Report Q4, 2024 Results on Feb 26, 2025 DIRTT Environmental Solutions Ltd. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 26, 2025 Announcement • Nov 27
DIRTT Environmental Solutions Ltd. Announces Board and Committee Changes DIRTT Environmental Solutions Ltd. announced that Holly Hess Groos is joining the DIRTT Board of Directors effective November 26, 2024 and will also serve as the Chair of the Audit Committee. Effective November 26, 2024, Scott Robinson, current Board Chair and Audit Committee Chair, will step down from his role as Audit Committee Chair. Ms. Groos is a senior financial executive. She retired from Verizon after a 30-year tenure in various leadership roles, including CFO of Verizon Wireless, Head of Internal Audit, SVP Business Excellence, Operational Excellence and Treasurer of Verizon. Ms. Groos earned a Bachelor of Science (Business Administration /Accounting) from Miami University. She is a Certified Public Accountant from the State of Ohio, a Lean Six Sigma Blackbelt and a member of AICPA. Announcement • Oct 23
DIRTT Environmental Solutions Ltd. to Report Q3, 2024 Results on Nov 06, 2024 DIRTT Environmental Solutions Ltd. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Announcement • Sep 12
DIRTT Environmental Solutions Ltd. Promotes Richard Hunter as President On September 11, 2024, the board of directors of DIRTT Environmental Solutions Ltd. appointed Richard Hunter to serve as President, effective immediately. Mr. Hunter, 63, has served as the Company’s Chief Operating Officer since August of 2022 and will continue in that position alongside his new responsibilities. As President, he will focus on defining the Company’s corporate strategy, leading technology and furthering innovation. As the Company’s Chief Operating Officer, Mr. Hunter has had a significant impact on DIRTT during this time. Mr. Hunter has driven operational efficiencies that have improved gross margins, optimized procurement and improved manufacturing, delivery and quality. Mr. Hunter started his career at General Motors Corporation, spending 19 years in the automotive industry in a variety of roles, including Sales Manager and Plant Manager. He then worked for industrial based companies including Danaher, Crane, and Trinity Industries as General Manager, VP of Operations, Chief Manufacturing Officer, and President. Prior to DIRTT, Mr. Hunter was President and COO at Forterra. Mr. Hunter holds a Master of Business Administration from Purdue University, a Master of Science degree in Manufacturing Management from Kettering University (formerly General Motors Institute), and a Bachelor of Science degree in Mechanical Engineering from Michigan State University. This newly created executive leadership role reflects the company’s continued focus on growth and excellence in manufacturing. Announcement • Aug 07
DIRTT Environmental Solutions Ltd. Unveils Major ICE® Software Update, Transforming User Experience and Project Management DIRTT Environmental Solutions Ltd. announced the release of ICE Manager, the most significant update to its software platform to date. This software update introduces two key components: the new ICE Manager and the Design Editor application, both developed to revolutionize user engagement with the ICE platform. These advancements streamline the update process and enable continuous value delivery, positioning DIRTT's partners and clients at the forefront of industrialized construction technology. Key Features of ICE Manager: Seamless Updates: ICE Manager automates updates, eliminating the need for manual downloads and installations, ensuring uninterrupted workflows; Enhanced Project Management: Users can manage multiple versions of ICE, offering greater flexibility and control over project timelines; and Frequent Value Releases: The system supports smaller, more frequent updates, allowing DIRTT to deliver new products, features, and enhancements as soon as they are ready. Announcement • Jul 25
DIRTT Environmental Solutions Ltd. to Report Q2, 2024 Results on Aug 07, 2024 DIRTT Environmental Solutions Ltd. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024 Announcement • Jul 02
DIRTT Environmental Solutions Ltd. Announces Board of Directors Changes DIRTT Environmental Solutions Ltd. announced that its Board of Directors has elected Scott Robinson to serve as Board Chair. Mr. Robinson has served on the Board since 2022, as Chair of the Audit Committee and member of the Enterprise Risk Management Committee. He assumes the role previously held by Ken Sanders, who is retiring from the DIRTT Board effective June 30, 2024. Announcement • Apr 23
DIRTT Environmental Solutions Ltd. to Report Q1, 2024 Results on May 08, 2024 DIRTT Environmental Solutions Ltd. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Announcement • Feb 28
DIRTT Environmental Solutions Ltd., Annual General Meeting, May 09, 2024 DIRTT Environmental Solutions Ltd., Annual General Meeting, May 09, 2024. Announcement • Feb 13
DIRTT Environmental Solutions Ltd. to Report Fiscal Year 2023 Results on Feb 21, 2024 DIRTT Environmental Solutions Ltd. announced that they will report fiscal year 2023 results After-Market on Feb 21, 2024 Announcement • Nov 08
DIRTT Environmental Solutions Ltd. to Report Q3, 2023 Results on Nov 09, 2023 DIRTT Environmental Solutions Ltd. announced that they will report Q3, 2023 results After-Market on Nov 09, 2023 Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.22 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.02 (up from US$0.22 loss in 2Q 2022). Revenue: US$44.8m (flat on 2Q 2022). Net income: US$2.21m (up US$21.5m from 2Q 2022). Profit margin: 4.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 34% per year. Announcement • Jul 18
DIRTT Environmental Solutions Ltd. to Report Q2, 2023 Results on Aug 02, 2023 DIRTT Environmental Solutions Ltd. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Announcement • Jun 01
DIRTT Environmental Solutions Ltd. Announces Executive Changes DIRTT Environmental Solutions Ltd. announced the departure of Mark Greffen, DIRTT’s Chief Technology Officer. Mr. Greffen has played an integral role over his 18-year tenure at DIRTT, holding various key positions within software and technology. In 2019, he assumed the position of Senior Vice President, Software Development, and later that year took on the role of Chief Technology Officer. Throughout his tenure, Mr. Greffen has been at the forefront of driving technological innovation at DIRTT, leading the development and integration of software into the company's digital construction approach. His contributions have been instrumental in the development and implementation of DIRTT's ICE® software. After careful consideration, Mr. Greffen has decided to pursue new opportunities and prioritize spending more time with his family, leading to his departure from DIRTT effective June 8, 2023. Concurrently, James Mulawyshyn, a seasoned DIRTT veteran with 14 years of experience and currently serving as Vice President, Technology, will assume the position of Senior Vice President, Technology. Reported Earnings • May 11
First quarter 2023 earnings released: US$0.12 loss per share (vs US$0.27 loss in 1Q 2022) First quarter 2023 results: US$0.12 loss per share (improved from US$0.27 loss in 1Q 2022). Revenue: US$36.7m (down 4.1% from 1Q 2022). Net loss: US$11.4m (loss narrowed 50% from 1Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Building industry in the US. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 24
Full year 2022 earnings released: US$0.63 loss per share (vs US$0.63 loss in FY 2021) Full year 2022 results: US$0.63 loss per share. Revenue: US$172.2m (up 17% from FY 2021). Net loss: US$55.0m (loss widened 2.4% from FY 2021). Announcement • Feb 14
DIRTT Environmental Solutions Ltd. to Report Q4, 2022 Results on Feb 22, 2023 DIRTT Environmental Solutions Ltd. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 22, 2023 Board Change • Feb 10
No independent directors There are 8 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Scott Ryan is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 28
DIRTT Announces Departure of Jeff Dopheide as Chief Revenue Officer DIRTT announced the departure of Jeff Dopheide as the Company’s Chief Revenue Officer. Mr. Urban will oversee the company’s commercial function as part of his role as CEO. He brings extensive interior construction and business development experience with him from his previous role at one of DIRTT’s largest Construction Partners. There, he helped grow and diversify the business, expand into new market areas, develop strategic distribution partnerships, and deliver innovative interiors for large global clients. Reported Earnings • Jul 28
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2022 results: US$0.22 loss per share (down from US$0.12 loss in 2Q 2021). Revenue: US$44.7m (up 8.8% from 2Q 2021). Net loss: US$19.3m (loss widened 98% from 2Q 2021). Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 7.3%. Over the next year, revenue is forecast to grow 22%, compared to a 13% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • May 06
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: US$0.27 loss per share (down from US$0.15 loss in 1Q 2021). Revenue: US$38.3m (up 30% from 1Q 2021). Net loss: US$23.0m (loss widened 84% from 1Q 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 54%. Over the next year, revenue is forecast to grow 19%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target decreased to US$2.27 Down from US$2.73, the current price target is an average from 4 analysts. New target price is 102% above last closing price of US$1.12. Stock is down 67% over the past year. The company is forecast to post a net loss per share of US$0.46 next year compared to a net loss per share of US$0.63 last year. Announcement • Mar 10
22NW Fund Discloses its Views on DIRTT Environmental On March 4, 2022, 22NW Fund, LP provided an update on its efforts to bring change to DIRTT Environmental Solutions Ltd. 22NW Fund stated that on November 16, 2021, it has requisitioned a special meeting of the shareholders of the Company to remove 6 of the current members of the board of directors of the Company and replace them with 6 individuals. 22NW Fund added that it wants to express its support for the Company’s employees, distribution partners and customers. 22NW Fund stated that it is committed to bringing positive change to the Company. Recent Insider Transactions • Mar 04
Key Executive recently bought US$473k worth of stock On the 1st of March, Todd Lillibridge bought around 250k shares on-market at roughly US$1.89 per share. This was the largest purchase by an insider in the last 3 months. This was Todd's only on-market trade for the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: US$0.63 loss per share (down from US$0.13 loss in FY 2020). Revenue: US$147.6m (down 14% from FY 2020). Net loss: US$53.7m (loss widened 375% from FY 2020). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Over the next year, revenue is forecast to grow 28%, compared to a 11% growth forecast for the industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 05
Third quarter 2021 earnings released: US$0.18 loss per share (vs US$0.025 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$34.1m (down 26% from 3Q 2020). Net loss: US$15.4m (loss widened US$13.3m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 14
Insider recently bought US$250k worth of stock On the 12th of August, Aron English bought around 65k shares on-market at roughly US$3.84 per share. In the last 3 months, there was an even bigger purchase from another insider worth US$257k. Insiders have collectively bought US$537k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 05
Second quarter 2021 earnings released: US$0.12 loss per share (vs US$0.003 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$41.1m (down 2.5% from 2Q 2020). Net loss: US$9.74m (down US$10.0m from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 18
Insider recently bought US$257k worth of stock On the 16th of July, Peter Briger bought around 60k shares on-market at roughly US$4.31 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$310k more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 21
Senior VP recently sold US$62k worth of stock On the 17th of May, Charles Kraus sold around 19k shares on-market at roughly US$3.35 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought US$119k more than they sold in the last 12 months. Executive Departure • May 12
Independent Director has left the company On the 6th of May, Wayne Boulais' tenure as Independent Director ended after 6.0 years in the role. As of December 2020, Wayne personally held 75.00k shares (US$185k worth at the time). A total of 3 executives have left over the last 12 months. Price Target Changed • May 11
Price target increased to US$3.75 Up from US$3.00, the current price target is an average from 5 analysts. New target price is 15% above last closing price of US$3.25. Stock is up 156% over the past year. Reported Earnings • May 07
First quarter 2021 earnings released: US$0.15 loss per share (vs US$0.063 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: US$29.5m (down 28% from 1Q 2020). Net loss: US$12.5m (loss widened 135% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Mar 02
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 18%. Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the Building industry in the US. Is New 90 Day High Low • Mar 02
New 90-day high: US$2.98 The company is up 56% from its price of US$1.91 on 02 December 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$2.66 per share.