---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-140604"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:30:48.253916+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DIRTT Q1 revenue $38.3M, net loss $23M; appoints Jeff Metcalf interim CFO

## Summary
- Revenue of $38.3M; gross profit margin 8.6%; adjusted gross profit margin 17.7%.
- Net loss of $23.0M (net loss margin -60.2%); adjusted EBITDA -$12.0M (margin -31.2%).
- Jeffrey Metcalf appointed interim CFO effective May 9, 2022, replacing Geoffrey Krause who continues as Co-Interim CEO.
- Unrestricted cash balance $38.9M.

## SEC filing metadata
- accession: 0001193125-22-140604
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000119312522140604/0001193125-22-140604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000119312522140604/d293977d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-140604
- JSON: https://secwatch.observer/filing/0001193125-22-140604.json
- Plain text: https://secwatch.observer/filing/0001193125-22-140604.txt

## Key facts
- Executive change
  Geoffrey Krause changed role as Chief Financial Officer at DIRTT ENVIRONMENTAL SOLUTIONS LTD.
  - Action: ceased
  - Role: Chief Financial Officer
  source text: Concurrent with Mr. Metcalf’s appointment, effective May 9, 2022, Geoffrey Krause, the Company’s Chief Financial Officer and Interim Co-Chief Executive Officer, will cease his role as Chief Financial Officer and continue only as the Company’s Co-Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312522140604/0001193125-22-140604-index.htm
- Executive change
  Jeffrey Metcalf was appointed as Interim Chief Financial Officer at DIRTT ENVIRONMENTAL SOLUTIONS LTD.
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On May 4, 2022, the Company’s Board of Directors appointed Jeffrey Metcalf to serve as the Company’s Interim Chief Financial Officer, effective May 9, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312522140604/0001193125-22-140604-index.htm

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