---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-018062"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:50:38.298836+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q4 revenue $50.9M (+20% YoY); net income $1.0M; liquidity $35M

## Summary
- Revenue $50.9M, up 20% YoY; gross profit $19.2M (37.8% revenue) from $11.6M (27.3%).
- Net income $1.0M (1.9% margin) vs net loss of $5.9M in Q4 2022; Adjusted EBITDA $4.3M (8.5% revenue).
- Liquidity $35.0M at Dec 31, 2023, up from $16.1M a year earlier; reduced debt by early settling $7.8M in equipment leases.
- Subsequent events: closed rights offering for C$30M on Jan 9, extended RBC facility on Feb 9, and announced substantial issuer bid for up to C$15M of debentures on Feb 15.

## SEC filing metadata
- accession: 0000950170-24-018062
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000095017024018062/0000950170-24-018062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000095017024018062/drttf-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-018062
- JSON: https://secwatch.observer/filing/0000950170-24-018062.json
- Plain text: https://secwatch.observer/filing/0000950170-24-018062.txt

## Key facts
- Earnings Releases
  DIRTT ENVIRONMENTAL SOLUTIONS LTD reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 21, 2024, DIRTT Environmental Solutions Ltd. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000095017024018062/0000950170-24-018062-index.htm

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