DIRTT Q2 2025 net loss $6.6M; revenue $38.9M (-6% YoY); gross margin declines on tariffs

DIRTT ENVIRONMENTAL SOLUTIONS LTD

2025-Q2 EPS reported -$0.04 revenue$80,217,000

Revenue $38.9M, down 6% YoY; gross margin 27.8% vs 37.3% (tariff costs 5.1% of revenue).
Net loss $6.6M vs net income $0.6M in Q2 2024; net loss margin 17.0%.
Adjusted EBITDA -$2.0M (negative 5.2% margin) vs $3.2M positive in prior year.
Liquidity $31.1M at June 30, 2025, down from $39.3M at Dec 31, 2024.
Adrian Zarate appointed to Board as 22NW's nominee, replacing Aron English; effective July 30, 2025.

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