Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe. The company's business strategy services include strategic consulting, digital transformation, organizational performance, and enterprise architecture services. It also provides application services, such as digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance, and automated testing; enterprise solutions comprising enterprise resource planning, corporate performance management, customer relationship management, and human capital management; and data and analytics solutions, including business intelligence, data management, artificial intelligence (AI), and machine learning, as well as internet of things. In addition, the company provides AI-FITM, an integrated artificial intelligence and fidelity solution; Askida CTTM, a solution that allows clients to test the functionality of applications on various platforms; Capsure RFTM, a cloud based platform for healthcare providers to inventory management processes; CASSITM analytics for online weekly maintenance, outage management, petrochemical turnarounds, and maintenance and reliability; and SIDERTM, a secure solution that facilitates distribution of medical results to healthcare facilities and to centralized electronic health records. It serves financial services, energy, manufacturing, telecommunications, transportation and logistics, professional services, healthcare, and government sectors. Alithya Group Inc. was founded in 1992 and is headquartered in Montreal, Canada.
IPO Year:
Exchange: NASDAQ
Website: alithya.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/8/2023 | Outperform | Barrington Research | |
| 10/28/2022 | Sector Perform | National Bank Financial | |
| 9/8/2022 | Market Perform | BMO Capital Markets | |
| 11/15/2021 | Hold → Buy | Desjardins |
Another seasoned executive joining the Alithya Leadership Team MONTREAL, April 24, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") is pleased to announce the appointment of Giulia Cirillo as Chief Human Capital Officer, effective April 24, 2023. A graduate of the McGill University/HEC Montréal joint Executive MBA program, and of INSEAD Business School's International Directors Programme, Giulia Cirillo has established herself as a strategic human resources executive with extensive global experience. Her transformational leadership skills, astute business acumen, and global talent management experience have been instrumental in developing solid corporate cultures f
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
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6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
6-K - Alithya Group inc (0001734520) (Filer)
Barrington Research initiated coverage of Alithya with a rating of Outperform
National Bank Financial initiated coverage of Alithya with a rating of Sector Perform
BMO Capital Markets initiated coverage of Alithya with a rating of Market Perform
Desjardins upgraded Alithya from Hold to Buy
MONTREAL, Jan. 31, 2024 /PRNewswire/ - Alithya Group Inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") will disclose financial results for its third quarter fiscal 2024, ended December 31, 2023, on February 14, 2024. Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time). Financial statements, MD&A, press release, and presentation will be posted on the Investors page of Alithya's website. Conference call Date: Wednesday, February 14, 2024 Time: 9:00 a.m. (Eastern time) Call-in number: > Toll-free dial-in number: (+1) 800 717 1738 > Conference ID: 72305 Live webcast: https://www.icastpro.ca/msjyy6 P
MONTREAL, Jan. 30, 2024 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya" or the "Company") announces that it has given formal notice of its intention to voluntarily delist its Class A subordinate voting shares ("Class A Shares") from the Nasdaq Capital Market ("Nasdaq"). The delisting from the Nasdaq will not affect the Company's listing on the Toronto Stock Exchange ("TSX"), which will be maintained. The Company believes that the limited benefits derived from being dual-listed no longer justify the additional expenses and administrative efforts associated with maintaining the Nasdaq listing, especially given Alithya's listing on the TSX. The Company also believes TSX p
MONTREAL, Dec. 22, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya" or the "Company") is pleased to announce that the Company entered into an Amended and Restated Credit Agreement which, among other things, increases its existing revolving credit facility to CAD 140 million and its uncommitted accordion to CAD 50 million. Quote by Claude Thibault, Chief Financial Officer: "We are pleased to have increased our credit facility by CAD 50 million, when including the accordion feature. Although this increase in availability is not currently required by Alithya, it provides the Company with adequate access to the capital it requires in order to continue on its accelerate
Q2-2024 Highlights Revenues decreased 8.1% to $118.5 million, compared to $128.9 million for the same quarter last year.84% of revenues were generated from clients which we had in the same quarter last year.Gross margin decreased 7.9% to $34.8 million, compared to $37.8 million for the same quarter last year.Gross margin as a percentage of revenues(1) increased to 29.4%, compared to 29.3% for the same quarter last year, despite recording a $1.1M provision, on tax credit receivable, of previous periods.Adjusted EBITDA(2) decreased 31.6% to $6.5 million, or 5.4% of revenues, compared to $9.4 million, or 7.3% of revenues, for the same quarter last year.Net loss was $9.2 million, or $0.10 per sh
MONTREAL, Sept. 19, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ:ALYA) (TSX:ALYA) ("Alithya") announced that its Microsoft Dynamics practice received the distinctive Microsoft Business Applications 2023/2024 Inner Circle award for the 18th year. This exclusive recognition is awarded to the top performing Microsoft partners based on sales achievement and customer success. 2023-2024 Inner Circle members are invited to the Inner Circle Summit in Spring 2024, as well as virtual meetings to be held between July 2023 and June 2024. The virtual meetings will provide unique opportunities to discuss strategy with Microsoft senior leaders and fellow Inner Circle partners, and to learn more about th
ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ:ALYA) (TSX:ALYA) ("Alithya") announces its participation in Oracle CloudWorld 2023, to be held September 18-21, 2023 at The Venetian Conference and Expo Center in Las Vegas, Nevada. Showcasing success in Oracle Cloud applications implementation, Alithya will co-host an information session in collaboration with its client, Hanger, Inc., a leading provider of orthotic and prosthetic products and services with more than 900 clinics across the United States. The presentation, titled All In: Hanger Embraces Oracle Cloud Applications for ERP, SCM, & HCM, will be held on Tuesday, September 19th from 12:40 PM to 1:00 PM. The
Company begins new chapter rooted in the fertile ground of city's technology cluster ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ:ALYA) (TSX:ALYA) ("Alithya" or "Company"), a leader in strategy and digital transformation, is proud to announce the opening of its new office in the vibrant technology hub of Austin, Texas. An event to mark the occasion was held on September 12, 2023, during which Alithya celebrated the opening of its new office and signaled its commitment to contributing to the city's dynamic growth in a meaningful way. Alithya looks forward to leveraging the city's concentration of educational institutions to welcome graduates in search of exciting
MONTREAL, Sept. 13, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya" or the "Company") today held its annual general meeting of shareholders (the "Meeting") virtually. A total of 69,450,221 Class A subordinate voting shares and 7,324,248 Class B multiple voting shares were represented at the Meeting, representing approximately 88.25% of the total votes attached to all issued and outstanding shares as of July 17, 2023, the record date for the Meeting. Alithya's Board of Directors had fixed at eight the number of directors to be elected at the Meeting. All eight director nominees proposed for election in Alithya's Management Information Circular dated July 17, 2023 w
MONTREAL, Sept. 13, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya" or the "Company"), a leader in strategy and digital transformation, is pleased to announce today that the Toronto Stock Exchange (the "TSX") has accepted the notice filed by the Company of its intention to renew its normal course issuer bid ("NCIB") program. The Company believes that the market price of its Class A subordinate voting shares ("Class A Shares") does not, from time to time, reflect its underlying value and undervalues its future growth prospects. The Company believes th
Second ESG Report includes addition of SASB metrics and analysis MONTREAL, Sept. 13, 2023 /PRNewswire/ - Alithya Group Inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya" or the "Company") is pleased to release its second ESG Report, a comprehensive document detailing the company's progress in pursuit of the environmental, social, and governance commitments established in its inaugural report released in September 2022. Alithya's second ESG Report is marked by increased transparency in respect to its carbon footprint and other material topics. Adhering to internationally recognized st
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MONTREAL, Jan. 31, 2024 /PRNewswire/ - Alithya Group Inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") will disclose financial results for its third quarter fiscal 2024, ended December 31, 2023, on February 14, 2024. Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time). Financial statements, MD&A, press release, and presentation will be posted on the Investors page of Alithya's website. Conference call Date: Wednesday, February 14, 2024 Time: 9:00 a.m. (Eastern time) Call-in number: > Toll-free dial-in number: (+1) 800 717 1738 > Conference ID: 72305 Live webcast: https://www.icastpro.ca/msjyy6 P
Q2-2024 Highlights Revenues decreased 8.1% to $118.5 million, compared to $128.9 million for the same quarter last year.84% of revenues were generated from clients which we had in the same quarter last year.Gross margin decreased 7.9% to $34.8 million, compared to $37.8 million for the same quarter last year.Gross margin as a percentage of revenues(1) increased to 29.4%, compared to 29.3% for the same quarter last year, despite recording a $1.1M provision, on tax credit receivable, of previous periods.Adjusted EBITDA(2) decreased 31.6% to $6.5 million, or 5.4% of revenues, compared to $9.4 million, or 7.3% of revenues, for the same quarter last year.Net loss was $9.2 million, or $0.10 per sh
Q1-2024 Highlights Revenues increased 3.8% to $131.6 million, compared to $126.8 million for the same quarter last year.82% of revenues were generated from clients which we had in the same quarter last year.Gross margin increased 11.8% to $38.1 million, compared to $34.1 million for the same quarter last year.Gross margin as a percentage of revenues(1) increased to 28.9%, compared to 26.9% for the same quarter last year.Adjusted EBITDA(2) increased 46.1% to $9.1 million, or 6.9% of revenues, compared to $6.2 million, or 4.9% of revenues, for the same quarter last year.Net loss was $7.2 million, or $0.08 per share, compared to a net loss of $4.2 million, or $0.04 per share, for the same quart
MONTREAL, July 27, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") will disclose financial results for its first quarter fiscal 2024, ended June 30, 2023, on August 10, 2023. Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time). Financial statements, MD&A, press release, and presentation will be posted on the Investors page of Alithya's website. Conference call Date: Thursday, August 10, 2023 Time: 9:00 a.m. (Eastern time) Call-in number: > Toll-free dial-in number: (+1) 888 396 8049 > Dial-in number: (+1) 416 764 8646 > Conference ID: 70109125 Live webcast
Q4-2023 Highlights Revenues increased 13.5% to $136.2 million, compared to $120.0 million for the same quarter last year.80.6% of revenues were generated from clients which we had in the same quarter last year.Gross margin increased 31.0% to $40.7 million, compared to $31.1 million for the same quarter last year.Gross margin as a percentage of revenues(1) increased to 29.9%, compared to 25.9% for the same quarter last year.Adjusted EBITDA(2) increased 73.0% to $10.5 million, or 7.7% of revenues(2), compared to $6.0 million, or 5.0% of revenues, for the same quarter last year.Net loss was $20.0 million, or $0.21 per share, compared to a net loss of $7.3 million, or $0.08 per share, for the sa
Q4-2023 Highlights Revenues increased 13.5% to $136.2 million, compared to $120.0 million for the same quarter last year.80.6% of revenues were generated from clients which we had in the same quarter last year.Gross margin increased 31.0% to $40.7 million, compared to $31.1 million for the same quarter last year.Gross margin as a percentage of revenues(1) increased to 29.9%, compared to 25.9% for the same quarter last year.Adjusted EBITDA(2) increased 73.0% to $10.5 million, or 7.7% of revenues(2), compared to $6.0 million, or 5.0% of revenues, for the same quarter last year.Net loss was $20.0 million, or $0.21 per share, compared to a net loss of $7.3 million, or $0.08 per share, for the sa
MONTREAL, May 25, 2023 /CNW/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") will disclose financial results for its fourth quarter and fiscal 2023, ended March 31, 2023, on June 8, 2023. Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time). Financial statements, MD&A, press release, presentation, and annual regulatory documents will be posted on the Investors page of Alithya's website. Conference call Date: Thursday, June 8, 2023 Time: 9:00 a.m. (Eastern time) Call-in number: > Toll-free dial-in number: (+1) 888 396 8049 > Dial-in number: (+1) 416 764 8646 > Conference ID: 39865545 Live webcast
Steady progress towards delivering on strategic plan objectives Q3-2023 Highlights Revenues increased 19.2% to $130.8 million, compared to $109.7 million for the same quarter last year.Gross margin increased 38.8% to $39.2 million, compared to $28.3 million for the same quarter last year.Gross margin as a percentage of revenues(1) was 30.0%, compared to 25.8% for the same quarter last year. On a sequential basis, gross margin as a percentage of revenues increased from 29.3% for the second quarter of this year.Adjusted EBITDA(2) increased 122.0% to $10.0 million, or 7.7% of revenues(2), compared to $4.5 million, or 4.1% of revenues, for the same quarter last year.Net loss was $5.5 million, or
MONTREAL , Jan. 30, 2023 /PRNewswire/ - Alithya Group inc. (TSX:ALYA) (NASDAQ:ALYA) ("Alithya") will disclose financial results for its third quarter fiscal 2023, ended December 31, 2022, on February 14, 2023. Alithya will host a conference call followed by a question and answer period for the financial community at 9:00 a.m. (Eastern time). Financial statements, MD&A, press release and presentation will be posted on the Investors page of Alithya's website (https://www.alithya.com/en/investors). Playback Conference call Date: Tuesday, February 14, 2023 Time: 9:00 a.m. (Eastern time) Call-in number: > Toll-free dial-in number: (+1) 888 396 8049 > Dial-in number: (+1) 416 764 8646 > Con
Delivered another record quarter with improvements in all key indicators Q2-2023 Highlights Revenues increased 22.5% to $128.9 million, compared to $105.3 million for the same quarter last year.Gross margin increased 32.6% to $37.8 million, compared to $28.5 million for the same quarter last year.Gross margin as a percentage of revenues(1) was 29.3%, compared to 27.0% for the same quarter last year. On a sequential basis, gross margin as a percentage of revenues increased from 26.9% for the first quarter of this year.Adjusted EBITDA(2) increased 87.5% to $9.4 million, or 7.3% of revenues, compared to $5.0 million, or 4.8% of revenues, for the same quarter last year.Net loss was $0.4 million,