Holly Hess Groos
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”).
Highest-materiality recent filing
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.
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
Max materiality 0.80 · Median 0.60 · Most common event other_material