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 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 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 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 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).
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 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 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 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 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