Highest-materiality recent filing
DIRTT Q2 2026 net income $1.1M vs loss; revenue $40.3M, up 4% YoY
Revenue $40.3M (+4% YoY); net income $1.1M vs net loss $6.6M in Q2 2025.
DIRTT extends employment agreements for Executive Chairman and CTO through Dec 31, 2026
Scott Robinson (Executive Chairman) and Adrian Zarate (Chief Transformation Officer) had terms expiring June 30, 2026.
DIRTT shareholders elect all eight director nominees at AGM
Directors elected with 97.42%-99.90% votes for; Jeremy Gold received lowest support at 97.42%.
DIRTT Q1 revenue $42.4M (+3% YoY); net loss widens to $3.3M; litigation vs Falkbuilt underway
Revenue $42.4M (+3% YoY); net loss $3.3M vs $0.7M loss in Q1 2025.
DIRTT Q4 2025 revenue $50.9M (+4% YoY) but net loss $3.7M; provides 2026 guidance
Revenue of $50.9M in Q4 2025, up 4% YoY, within guidance range of $48M-$52M; gross margin improved to 36.6%.
DIRTT enters support/standstill agreement with two major shareholders; appoints Jeremy Gold to board
726 Entities acquired ~15% of DIRTT shares from WWT; Jeremy Gold (Briger Family Office) appointed to board effective Feb 13, 2026.
DIRTT President/COO Hunter departs; Aaron Merkin hired as new CTO
Rich Hunter's employment as President and COO ceased Jan 12, 2026; entitled to severance per existing agreement.
DIRTT terminates Rock Hill lease, pays $1M fee, expects $1.6M annual savings
Terminated 15-year lease for Rock Hill, SC facility effective Dec 30, 2025; paid $1.0M early termination fee.
DIRTT renews NCIB to repurchase up to 9.6M shares (5% of outstanding)
TSX approves NCIB for up to 9,593,878 common shares, representing 5% of 191,877,573 outstanding as of Dec 8, 2025.
DIRTT secures C$15M BDC loan to refinance 6% convertible debentures due Jan 2026
Loan of up to C$15M from BDC: initial C$10M disbursement, secondary C$5M.
DIRTT appoints Scott Robinson Executive Chairman, Adrian Zarate Chief Transformation Officer
Scott Robinson appointed Executive Chairman Nov 26, 2025; $125k annual salary paid equally in cash and equity.
DIRTT Q3 revenue down 13% to $37.7M; net loss $3.5M vs prior year income of $7.1M
Revenue $37.7M (-13% YoY); gross margin 30.4% (vs 38.8% Q3 2024) due to tariff headwinds.
DIRTT renews NCIB for up to C$1.66M of Jan 2026 and C$1.49M of Dec 2026 debentures
NCIB commences Aug 28, 2025; Jan debenture bid ends Jan 31, 2026; Dec debenture bid ends Aug 27, 2026.
DIRTT Q2 2025 net loss $6.6M; revenue $38.9M (-6% YoY); gross margin declines on tariffs
Revenue $38.9M, down 6% YoY; gross margin 27.8% vs 37.3% (tariff costs 5.1% of revenue).
Shareholders approve increased share reserves for LTIP and ESPP at annual meeting
LTIP share reserve increased by 3 million to 30.35 million shares; approved by 89.48% of votes.
DIRTT Q1 revenue $41.3M (+1% YoY); net loss $0.7M vs prior-year net income of $3.0M
Gross margin 35.2% vs 35.9% YoY; tariff costs of $0.6M (1.4% of revenue) from US/Canada tariffs.
DIRTT sets June 24, 2025 annual meeting; shareholder proposal deadlines announced
Annual meeting date: June 24, 2025; record date for voting: May 21, 2025.
DIRTT Environmental modifies executive agreements to accelerate RSU vesting on change in control
Executives Benjamin Urban and Fareeha Khan signed addendums on March 3, 2025, accelerating all unvested time-based RSUs upon a Change in Control.
DIRTT Q4 net income $4.0M; Adj. EBITDA $5.5M beats guidance; share buyback
Revenue $48.9M (-4% YoY, +13% QoQ); net income $4.0M vs $1.0M in Q4 2023.
DIRTT announces TSX-approved NCIB to repurchase up to 7.5M common shares (3.89% of outstanding)
TSX accepted NCIB for up to 7,515,233 common shares, ~3.89% of outstanding as of Dec 9, 2024 (193,406,836 shares).
DIRTT appoints Holly Hess Groos to board and as Audit Committee Chair
Holly Hess Groos appointed to DIRTT board effective Nov 26, 2024; also named Audit Committee Chair.
DIRTT Q3 revenue $43.4M (-12% YoY), net income $7.1M vs loss of $6.3M
Revenue of $43.4M down 12% YoY; gross profit margin improved to 38.8% from 34.4%.
DIRTT shareholders approve Amended Rights Plan with 92.27% support
Shareholders ratified the Amended and Restated Shareholder Rights Plan dated August 2, 2024.
DIRTT appoints Richard Hunter as President, retains COO role; awarded 1M RSUs
Richard Hunter, previously COO, appointed President effective Sept 11, 2024, continuing as COO.
DIRTT announces TSX-approved NCIB for up to C$3.22M of convertible debentures
NCIB to repurchase up to C$1,664,200 of 6.00% Jan 2026 debentures and C$1,558,700 of 6.25% Dec 2026 debentures.
DIRTT Q2 2024 revenue down 8% YoY to $41.2M; adjusted EBITDA $3.2M
Revenue $41.2M (-8% YoY); net income $0.6M vs $2.2M in Q2 2023.
Repurchased C$18.9M Jan 2026 6% debentures at C$684.58/1,000 and C$13.6M Dec 2026 6.25% debentures at C$665.64/1,000; total cost C$22.1M.
DIRTT names Scott Robinson as Board Chair replacing retiring Ken Sanders
Scott Robinson elected Board Chair effective July 1, 2024, replacing Ken Sanders who retired June 30, 2024.
DIRTT shareholders approve increase in LTIP share reserve by 15M to 27.35M total
Shareholders voted 87.87% in favor of amended LTIP, raising authorized shares from 12.35M to 27.35M, a potential dilution of current equity.
DIRTT Q1 2024 revenue up 11% to $40.8M; swings to net income of $3.0M from loss
Net income of $3.0M (7.5% margin) vs net loss of $11.4M in Q1 2023.
DIRTT adopts poison pill and signs standstill pact with top shareholder 22NW Fund
Board adopted shareholder rights plan (poison pill) triggered at 20% ownership; one director dissented.
DIRTT appoints Shally Pannikode to Board; board size increased to eight
Shally Pannikode appointed to DIRTT Board effective March 4, 2024.
DIRTT Q4 revenue $50.9M (+20% YoY); net income $1.0M; liquidity $35M
Revenue $50.9M, up 20% YoY; gross profit $19.2M (37.8% revenue) from $11.6M (27.3%).
DIRTT launches C$15M tender offer to repurchase convertible debentures at discount
Offer to buy up to C$6M of 6% Jan 2026 debentures at C$720/1,000 (28% discount); up to C$9M of 6.25% Dec 2026 at C$600/1,000 (40% discount).
DIRTT reports preliminary Q4 revenue $50.9M, net income $1.0M vs $5.9M loss YoY
Q4 2023 revenue ~$50.9M, up 20% YoY; net income ~$1.0M vs $5.9M loss in Q4 2022.
DIRTT closes C$30M rights offering, issues 85.7M shares at C$0.35
Rights offering fully subscribed; aggregate gross proceeds of C$30.0M.
DIRTT launches C$30M rights offering backed by insiders 22NW and 726
Rights offering for C$30M (85.7M shares) at C$0.35/share; record date Dec 12, 2023; rights expire Jan 5, 2024.
DIRTT Q3 revenue $49.5M, +6% YoY; Adjusted EBITDA $5.3M from -$5.4M
Revenue $49.5M, up 11% QoQ and 6% YoY; net loss $6.3M vs $6.7M prior year.
DIRTT permanently closes Rock Hill facility; expects $0.5M cash costs and $7-9M impairment.
Decision on Sept 27, 2023 not to reopen Rock Hill, SC plant after temporary suspension since Aug 2022.
DIRTT to delist from Nasdaq on Sep 15; trading to continue on TSX; expects $400K annual savings
Nasdaq delisting effective on or around Sep 15, 2023 after failing minimum bid price ($1.00) rule.
DIRTT to voluntarily delist from Nasdaq after bid price failure; TSX trading continues
Received delisting notice from Nasdaq on Sept 6, 2023; suspension around Sept 15, 2023.
DIRTT appoints Fareeha Khan as CFO effective Aug 25, replacing Bradley Little
CFO Bradley Little resigned Aug 2, 2023, effective Aug 25; eligible for severance per his employment agreement.
DIRTT Q2 revenue flat at $44.8M; Adj EBITDA turns positive to $1.9M; names new CFO
Revenue $44.8M, flat YoY but up 22% QoQ; gross margin improved 1,849 bps from prior year.
Mark Greffen steps down as CTO effective June 8, 2023 after 18-year tenure.
DIRTT enters co-ownership of ICE software IP with Armstrong World Industries for $11M
Partial assignment of 50% interest in ICE software IP to AWI for $10M cash upfront; additional $1M upon knowledge transfer expected early 2024.
DIRTT to issue 3.9M shares to settle $1.56M debt with activist shareholder 22NW
DIRTT acknowledges $1,559,898 debt to 22NW for expenses from April 2022 contested director election.
DIRTT gets 180-day extension to meet Nasdaq bid price rule; shares transferred to Capital Market
Nasdaq granted additional 180 days, until Sep 5, 2023, to regain compliance with minimum $1.00 bid price for 10 consecutive business days.
Achieved positive Adjusted EBITDA for first time since Q3 2020.
DIRTT CRO Jeff Dopheide terminated without just cause; CEO takes over commercial function
Jeff Dopheide's employment as Chief Revenue Officer ceased on January 27, 2023, per termination without cause.
Issued 638,996 common shares to 726 BC LLC and 726 BF LLC at $0.32/share to settle $204,479 in legal fees from 2022 contested director election.
On and effective November 26, 2024 , Holly Hess Groos was appointed to serve as a member of the board of directors (“the Board”) of DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”).
On September 11, 2024, the board of directors (the “ Board ”) of DIRTT Environmental Solutions Ltd. (the “ Company ”) appointed Richard Hunter to serve as President, effective immediately.
Mr. Scott Robinson was elected to serve as Board Chair to replace Mr. Ken Sanders
Mr. Ken Sanders, who announced his intention to retire from the Board of Directors on June 30, 2024
On and effective March 4, 2024, the authorized number of directors on the Board of Directors (the “Board”) of DIRTT Environmental Solutions Ltd. (the “Company”) was increased from seven to eight, and Shalima (“Shally”) Pannikode was appointed to serve as a member of the Board.
On August 2, 2023, the Company also announced that the Board appointed Fareeha Khan, the Company’s current Vice President of Finance, to serve as Chief Financial Officer and principal financial officer, effective August 25, 2023.
On August 2, 2023, Bradley S. Little submitted, and the board of directors (the “Board”) of DIRTT Environmental Solutions Ltd. (the “Company”) accepted, his resignation as Chief Financial Officer of the Company, effective August 25, 2023.
On May 30, 2023, Mark Greffen announced, and the Board accepted, his departure as Chief Technology Officer of the Company.
On February 22, 2023, Mr. Cory Mitchell, a member of the Company’s Board of Directors, announced his intention not to stand for re-election at this year’s annual meeting of shareholders.
On January 27, 2023 (the “Departure Date”), Jeff Dopheide’s employment as the Chief Revenue Officer of the Company ceased pursuant to the without just cause termination provisions of Mr. Dopheide’s Executive Employment Agreement with the Company.
On August 19, 2022, the Company’s Board of Directors appointed Jeffrey Dopheide to serve as the Company’s Chief Revenue Officer, effective November 15, 2022.
On August 17, 2022, the Company’s Board of Directors appointed Bradley Little to serve as the Company’s Chief Financial Officer and principal financial officer, effective August 23, 2022.
Max materiality 0.80 · Median 0.60 · Most common event other_material