DIRTT Environmental Solutions Ltd (DRTTF)

DRTTF Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2022	2021	2020	2019	2018
Revenue	172.16	147.59	171.51	247.74	274.68
Revenue Growth (YoY)	16.65%	-13.94%	-30.77%	-9.81%	21.25%
Cost of Revenue	144	124.13	118.22	161.31	167.67
Gross Profit	28.16	23.46	53.28	86.42	107.01
Selling, General & Admin	52.41	61.64	54.71	61.58	69.35
Research & Development	7.56	8.23	8.11	7.82	4.18
Other Operating Expenses	27.24	15.53	11.73	19.47	27.79
Operating Expenses	87.2	85.4	74.56	88.88	101.32
Operating Income	-59.04	-61.94	-21.27	-2.45	5.69
Interest Expense / Income	5.16	3.13	0.31	0.13	0.5
Other Expense / Income	-9.26	-11.2	-12.38	0.8	-3.64
Pretax Income	-54.94	-53.87	-9.19	-3.38	8.83
Income Tax	0.02	-0.2	2.1	1.02	3.28
Net Income	-54.96	-53.67	-11.3	-4.4	5.55
Shares Outstanding (Basic)	88	85	85	85	84
Shares Outstanding (Diluted)	88	85	85	85	85
Shares Change	3.10%	0.41%	0.01%	-0.40%	0.39%
EPS (Basic)	-0.63	-0.63	-0.13	-0.05	0.07
EPS (Diluted)	-0.63	-0.63	-0.13	-0.05	0.07
Free Cash Flow	-48.28	-45.35	-6.91	-1.83	-3.4
Free Cash Flow Per Share	-0.55	-0.53	-0.08	-0.02	-0.04
Gross Margin	16.36%	15.90%	31.07%	34.89%	38.96%
Operating Margin	-34.30%	-41.97%	-12.40%	-0.99%	2.07%
Profit Margin	-31.93%	-36.36%	-6.59%	-1.77%	2.02%
Free Cash Flow Margin	-28.05%	-30.73%	-4.03%	-0.74%	-1.24%
Effective Tax Rate	-	-	-	-	37.15%
EBITDA	-34.66	-36.23	2.82	9	23.03
EBITDA Margin	-20.13%	-24.55%	1.64%	3.63%	8.38%
Depreciation & Amortization	15.12	14.51	11.71	12.24	13.7
EBIT	-49.78	-50.74	-8.89	-3.25	9.33
EBIT Margin	-28.92%	-34.38%	-5.18%	-1.31%	3.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).