Topic: How To Invest

Pat: Please give me your view on DIRTT Environmental. Thanks for the ongoing advice.

Article Excerpt

DIRTT Environmental Solutions Ltd., $6.47, symbol DRT on Toronto (Shares outstanding: 84.0 million; Market cap: $553.5 million; www.dirtt.net), designs and builds customized office interiors. DIRTT stands for “doing it right this time.” The company believes its ICE 3-D software lets it deliver pre-made, customizable interiors faster and more efficiently than traditional construction methods. DIRTT first sold shares to the public at $3 each and began trading on Toronto in November 2013. In the three months ended September 30, 2015, the company’s revenue rose 33.1%, to $62.1 million from $46.7 million a year earlier. DIRTT gets 80% of its revenue from clients in the U.S., so it gains from a higher U.S. dollar. As well, increased demand from the financial services, real estate, retail and scientific industries offset a decline in projects from oil and gas companies. DIRTT’s earnings rose 256.9%, to $5.4 million from $1.5 million. Per-share profits gained 200.0%, to $0.06 from $0.02, on more shares outstanding. The higher revenue, plus lower…