Alithya Group Amends Credit Agreement to Extend Maturity Date

Alithya Group ( (TSE:ALYA) ) has issued an announcement.

On June 12, 2025, Alithya Group Inc. announced an amendment to its Second Amended and Restated Credit Agreement originally dated December 22, 2023. This amendment, effective from February 12, 2025, involves changes to various financial terms, including the maturity date, which has been extended to April 1, 2027. The amendment also adjusts the terms related to subordinated debt and bank account management, potentially enhancing Alithya’s financial flexibility and operational efficiency. This move is likely to impact the company’s financial strategy, providing it with additional resources and time to execute its business plans, which could have positive implications for stakeholders.

The most recent analyst rating on (TSE:ALYA) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Alithya Group stock, see the TSE:ALYA Stock Forecast page.

Spark’s Take on TSE:ALYA Stock

According to Spark, TipRanks’ AI Analyst, TSE:ALYA is a Neutral.

Alithya Group’s overall stock score reflects a balanced view of its financial performance challenges and operational strengths. Persistent net losses and valuation issues weigh heavily, while technical indicators suggest a stable, albeit neutral, market position. The earnings call highlights positive strategic execution, providing some optimism for future improvements. However, significant hurdles remain, particularly in achieving profitability, impacting the stock’s attractiveness.

To see Spark’s full report on TSE:ALYA stock, click here.

More about Alithya Group

Alithya Group Inc. operates in the technology consulting industry, providing digital strategy, application development, enterprise solutions, and data and analytics services. The company focuses on helping businesses leverage technology to improve their operations and achieve strategic goals.

Average Trading Volume: 20,169

Technical Sentiment Signal: Hold

Current Market Cap: C$185.7M

Learn more about ALYA stock on TipRanks’ Stock Analysis page.