---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-014075"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:13:06.112251+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DIRTT reports preliminary Q4 revenue $50.9M, net income $1.0M vs $5.9M loss YoY

## Summary
- Q4 2023 revenue ~$50.9M, up 20% YoY; net income ~$1.0M vs $5.9M loss in Q4 2022.
- Full-year 2023 revenue ~$181.9M, up 6%; net loss ~$14.6M vs $55.0M loss in 2022.
- Reduced debt by early settling $7.8M of equipment lease liabilities from Rock Hill closure.
- Liquidity (cash + available borrowings) increased to $35.0M at Dec 31, 2023 from $16.1M a year ago.
- Closed rights offering for gross proceeds C$30.0M on Jan 9, 2024; extended RBC Facility on Feb 9.

## SEC filing metadata
- accession: 0000950170-24-014075
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000095017024014075/0000950170-24-014075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000095017024014075/drttf-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-014075
- JSON: https://secwatch.observer/filing/0000950170-24-014075.json
- Plain text: https://secwatch.observer/filing/0000950170-24-014075.txt

## Key facts
- Earnings Releases
  DIRTT ENVIRONMENTAL SOLUTIONS LTD reported the fourth quarter and year ended December 31, 2023 results: revenue approximately $50.9 million, net income approximately $1.0 million.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: approximately $50.9 million
  - Net income: approximately $1.0 million
  - Result: preliminary results
  source text: 31, 2023. Unless otherwise stated, financial information in this news release is presented in U.S. dollars. • Fourth quarter 2023 revenue is expected to be approximately $50.9 million, an increase of $8.5 million or 20% from $42.4 million for the same period in 2022, and a $1.4 million or 3% increase from the third quarter of 2023. • Net income after tax for
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000095017024014075/0000950170-24-014075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.