# DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) · Edgar & Edgarette company card

> Dirtt Environmental Solutions (DRTTF) saw revenue fall 3.1% in FY2025 to $169 million, operating margin -6.7% against a 0.9% median for prepackaged software, equity 27.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1340476 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/DRTTF) · [JSON](https://www.pops4.com/boards/company/DRTTF.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $169M |
| Revenue growth, 1 year | -3.1% |
| Revenue growth per year | 3.4% |
| Operating margin | -6.7% (prior year 2.4%) |
| Net margin | -8.6% |
| Operating cash flow | −$192,000 |
| Capital spending | $2M |
| Free cash flow | −$2M |
| Cash | $20M |
| Long-term debt | $23M |
| Total assets | $103M |
| Total equity | $29M |
| Equity ÷ assets | 27.8% |
| Return on equity | -50.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -5.72 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -3.07 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · filed material impairment in the last 12 months; operating cash flow was negative; operating loss: a margin of -6.7% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $168.9M (FY2025), total debt $23.4M. Experience: revenue down 3.1% on the year, up 3.4% a year over 4 years; operating margin -6.7%, down from 2.4%. Soundness: equity 27.8% of assets, return on equity -50.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $138.5M and $190.4M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $127.8M to $207.0M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -6.7% against a 0.9% median; growth -3.1% against 13.0%.

Range logged 2026-09-24, receipt 502bbdad344a493d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.06 Material impairment: 1, latest 2026-01-05 ([filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526001564/0001193125-26-001564-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-02-17 ([filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526055157/0001193125-26-055157-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526447568/0001193125-26-447568-index.htm)
- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526447564/0001193125-26-447564-index.htm)
- 8-K · filed 2026-09-23 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526399604/0001193125-26-399604-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526324177/0001193125-26-324177-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526324175/0001193125-26-324175-index.htm)
- 8-K · filed 2026-07-02 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1340476/000119312526294866/0001193125-26-294866-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001340476.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1340476

## Cite

POPS4, Edgar & Edgarette: DIRTT ENVIRONMENTAL SOLUTIONS LTD (DRTTF) company card, from the company's own SEC filings, accessed 2026-11-08, https://www.pops4.com/boards/company/DRTTF. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.