DIRTT Releases Q4 2019 and Full Year 2019 Financial Results
DIRTT Environmental Solutions Ltd. - Common Shares (DRTT)
Company Research
Source: GlobeNewswire
CALGARY, Alberta, Feb. 25, 2020 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we” or “us”) (TSX:DRT, NASDAQ: DRTT), an interior construction company that uses technology for client-driven design and manufacturing, today announced its financial results for the three months and twelve months ended December 31, 2019. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2019 Revenue of $53.2 millionGross Profit Margin of 25.3%Adjusted Gross Profit Margin1 of 33.4%Net loss of $7.5 million or $(0.09)/shareNet loss margin of (14.2)%Adjusted EBITDA1 of $(3.4) millionAdjusted EBITDA Margin1 of (6.4)% Fiscal 2019 Revenue of $247.7 millionGross
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