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/Mis Actual Consensu

s s

Estimate

Q2 EPS -$0.03

Q2 Net -$6.60

Income mln

Q2 Basic -$0.03

EPS

Q2 Gross $10.82

Profit mln

Q2 $15.16

Operatin mln

g

Expenses

Q2 -$4.34

Operatin mln

g Income

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 ( DRTTF ) 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:

(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.)