DIRTT Q1 revenue $41.3M (+1% YoY); net loss $0.7M vs prior-year net income of $3.0M

DIRTT ENVIRONMENTAL SOLUTIONS LTD

2025-Q1 EPS reported $0.00 revenue$41,295,000

Gross margin 35.2% vs 35.9% YoY; tariff costs of $0.6M (1.4% of revenue) from US/Canada tariffs.
Adjusted EBITDA $2.1M (5.1% of revenue) vs $2.7M (6.5%) in Q1 2024.
Liquidity $36.0M at Mar 31, down from $39.3M at Dec 31, 2024.
Repurchased 3,920,844 shares from NGEN at C$0.80/share; credit facility extended with RBC to Nov 2025, max increased to C$25M.
Falkbuilt lawsuit dismissed in US on procedural grounds; Canadian trial scheduled to start Feb 2, 2026.

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