secwatch.observer — SEC 8-K summary
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Issuer:     DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)
CIK:        0001340476
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000950170-24-122452
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DIRTT Q3 revenue $43.4M (-12% YoY), net income $7.1M vs loss of $6.3M
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- Revenue of $43.4M down 12% YoY; gross profit margin improved to 38.8% from 34.4%.
- Net income after tax of $7.1M (16.3% margin) vs net loss of $6.3M in Q3 2023.
- Adjusted EBITDA of $4.1M (9.4% of revenue) vs $5.3M (10.6% of revenue) year ago.
- Liquidity of $34.3M at Sept 30, 2024 vs $35.0M at Dec 31, 2023.
- Repurchased C$32.6M principal of 6.00% and 6.25% convertible debentures from 22NW in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1340476/000095017024122452/0000950170-24-122452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1340476/000095017024122452/drttf-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122452

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer