earnings
confidence high
sentiment positive
materiality 0.70
DIRTT Q4 net income $4.0M; Adj. EBITDA $5.5M beats guidance; share buyback
DIRTT ENVIRONMENTAL SOLUTIONS LTD
2024-FY EPS reported
$0.07
revenue$174,313,000
- Revenue $48.9M (-4% YoY, +13% QoQ); net income $4.0M vs $1.0M in Q4 2023.
- Full-year revenue $174.3M in guidance ($165-$175M); Adj. EBITDA $15.4M exceeds $12-$15M guidance.
- Repurchased 3.92M shares from NGEN at $0.80/share (1% discount); NCIB active through Dec 2025.
- Credit facility extended to Nov 2025; borrowing base increased to C$25M; $15M bonding facility added.
- Lawsuit vs Falkbuilt: US case moved to Canada; eight-week Alberta trial set for Feb 2026.