secwatch.observer — SEC 8-K summary
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Issuer:     DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF)
CIK:        0001340476
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001193125-26-071999
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DIRTT Q4 2025 revenue $50.9M (+4% YoY) but net loss $3.7M; provides 2026 guidance
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- Revenue of $50.9M in Q4 2025, up 4% YoY, within guidance range of $48M-$52M; gross margin improved to 36.6%.
- Net loss after tax of $3.7M vs net income $4.0M in Q4 2024; adjusted EBITDA improved to $6.2M (12.1% of revenue) vs $5.5M.
- Liquidity at year-end $32.1M, down from $39.3M; repaid C$16.6M convertible debentures on Jan 31, 2026; secured C$15M BDC facility.
- Falkbuilt litigation trial commenced Feb 2, 2026; impairment expense of $2.3M related to Rock Hill lease termination.
- Board changes: Scott Robinson as Exec Chairman, Adrian Zarate as Chief Transformation Officer; Jeremy Gold appointed Feb 13, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1340476/000119312526071999/0001193125-26-071999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1340476/000119312526071999/drttf-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-071999

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