Alithya Group, Inc. Class A ( (ALYAF) ) has released its Q1 earnings. Here is a breakdown of the information Alithya Group, Inc. Class A presented to its investors.
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Alithya Group Inc. is a professional services firm specializing in IT services and solutions, focusing on strategic consulting, enterprise transformation, and business enablement. The company’s Class A subordinate voting shares are traded on the Toronto Stock Exchange under the symbol ‘ALYA’.
In its latest earnings report for the quarter ending June 30, 2025, Alithya Group Inc. reported revenues of CAD 124.2 million, a slight increase from CAD 120.9 million in the same quarter of the previous year. Despite the increase in revenues, the company recorded a comprehensive loss of CAD 2.18 million, which is a slight improvement from the CAD 2.22 million loss reported in the same period last year.
Key financial highlights include a gross margin of CAD 39.8 million, up from CAD 38.5 million in the previous year. Operating expenses were slightly lower at CAD 39.8 million compared to CAD 38.2 million last year. The company also reported a net financial expense of CAD 2.8 million, up from CAD 2.4 million in the previous year. A significant strategic move was the acquisition of eVerge, a U.S.-based enterprise applications and transformation services group, for a total consideration of approximately CAD 32.3 million.
The acquisition of eVerge is expected to enhance Alithya’s Oracle business, AI capabilities, and smart shoring services. The integration of eVerge contributed approximately CAD 3.1 million in revenues but also resulted in a loss before income taxes of CAD 890,000 for the quarter, including acquisition-related costs.
Looking forward, Alithya Group Inc. remains focused on leveraging its recent acquisition to drive growth and enhance its service offerings. The management is optimistic about the potential synergies and enhanced capabilities brought by the eVerge acquisition, which are expected to contribute positively to the company’s financial performance in the future.