Quarterly ResultAug 13, 2026, 07:03 AM
Alithya Q1 Revenue C$105.05M, down 15.4%; Reports C$2.42M Net Loss
AI Summary
Alithya Group inc. reported a significant decline in its first-quarter financial results for the period ended June 30, 2026. Revenues decreased by 15.4% to C$105.05 million, leading to a net loss of C$2.42 million compared to net earnings of C$0.19 million in the prior year. The company also reported an increased operating loss and continued to use cash in operating activities.
Key Highlights
- Revenues decreased 15.4% to C$105.05 million Canadian dollars for the quarter.
- Net loss was C$2.42 million Canadian dollars, compared to C$0.19 million net earnings in the prior year.
- Basic and diluted loss per share was C$(0.03) Canadian dollars.
- Operating loss increased to C$0.05 million Canadian dollars from C$0.01 million year-over-year.
- Net cash used in operating activities was C$4.78 million Canadian dollars.
- Alithya purchased 101,570 Subordinate Voting Shares for cancellation for C$0.15 million Canadian dollars.
- Enterprise Transformation segment revenue was C$62.56 million Canadian dollars.
- Industry Services and Solutions segment revenue was C$42.49 million Canadian dollars.
Price Impact
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