Alithya Group Reports Interim Financial Results

Alithya Group (TSE:ALYA) has released an update.

Alithya Group Inc. has released its interim condensed consolidated financial statements for the three months ended June 30, 2024, indicating a net loss and a slight increase in gross margin compared to the same period in 2023. Revenues have decreased from the previous year, and the company has incurred operating expenses including costs related to business acquisition, integration, and reorganization. Furthermore, the report details net financial expenses and a comprehensive loss, including a cumulative translation adjustment on consolidation of foreign subsidiaries.

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