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Dirtt Environmental Solutions (TSX:DRT) Net Income : C$20.3 Mil (TTM As of Dec. 2024)


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What is Dirtt Environmental Solutions Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Dirtt Environmental Solutions's Net Income for the three months ended in Dec. 2024 was C$5.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was C$20.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Dirtt Environmental Solutions's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was C$0.02.


Dirtt Environmental Solutions Net Income Historical Data

The historical data trend for Dirtt Environmental Solutions's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dirtt Environmental Solutions Net Income Chart

Dirtt Environmental Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.47 -68.70 -74.67 -19.57 21.04

Dirtt Environmental Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 4.12 0.82 9.61 5.75

Dirtt Environmental Solutions Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Dirtt Environmental Solutions's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=21.681+-0.638+0+0
=21.0

Dirtt Environmental Solutions's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=5.863+-0.11+0+0
=5.8

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$20.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dirtt Environmental Solutions  (TSX:DRT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Dirtt Environmental Solutions's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Dirtt Environmental Solutions Net Income Related Terms

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Dirtt Environmental Solutions Business Description

Traded in Other Exchanges
Address
7303-30th Street S.E, Calgary, AB, CAN, T2C 1N6
Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial, Government and other sectors. DIRTT operates its activity through the U.S. and Canada of which, the United States generates the majority of revenue.
Executives
Shaun Noll Director
Lp 22nw Fund 10% Security Holder
Scott Lawrence Robinson Director
Benjamin Nicholas Urban Senior Officer
Kenneth Dean Sanders Director
Michael Terrell Ford Director
Diana Russell Rhoten Director
Steven Elliott Parry Director
Denise Eileen Karkkainen Director
Shauna Ryan King Director
Todd Lillibridge Director
Aron English Director, Director or Senior Officer of 10% Security Holder
Charles R. Kraus Senior Officer
Mak Capital One Llc 10% Security Holder
Wayne Boulais Director

Dirtt Environmental Solutions Headlines

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