DIRTT Q3 revenue down 13% to $37.7M; net loss $3.5M vs prior year income of $7.1M

DIRTT ENVIRONMENTAL SOLUTIONS LTD

2025-Q3 EPS reported -$0.06 revenue$117,933,000

Revenue $37.7M (-13% YoY); gross margin 30.4% (vs 38.8% Q3 2024) due to tariff headwinds.
Net loss after tax $3.5M (9.2% margin) vs net income $7.1M (16.3%) in Q3 2024.
Adjusted EBITDA $1.2M (3.1% of rev) vs $4.1M (9.4%) in Q3 2024; liquidity $32.3M at Sep 30.
Tariffs cost $1.9M (5.1% of rev) in Q3; reorganization expenses $2.6M from Transformation Office.
Non-binding BDC term sheet for up to C$15M financing to partially settle Jan 2026 debentures.

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