DIRTT swings to Q2 net loss, revenue falls as tariffs bite

DIRTT Environmental Solutions

30/07/2025 22:26

Overview

DIRTT Q2 2025 revenue falls 6% yr/yr, impacted by tariffs

Net loss of $6.6 mln in Q2 2025, compared to net income last year

Outlook

DIRTT expects positive Adjusted EBITDA by Q4 2025

Company anticipates continued tariff pressures in Q3 2025

Company sees order conversion to return to typical levels in next two quarters

Result Drivers

TARIFF IMPACT - Tariffs on Canadian aluminum exports to the U.S. negatively impacted gross profit by 5.1% of revenue

PROJECT DELAYS - Macroeconomic conditions led to project and order delays, affecting revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$0.03
Q2 Net Income
-$6.60 mln
Q2 Basic EPS
-$0.03
Q2 Gross Profit
$10.82 mln
Q2 Operating Expenses
$15.16 mln
Q2 Operating Income
-$4.34 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for DIRTT Environmental Solutions Ltd is C$1.65, about 47.3% above its July 29 closing price of C$0.87

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNXbL27QF

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)