Alithya Group Inc
TSX:ALYA
Alithya Group Inc
Alithya Group, Inc. engages in the provision of information technology consulting services. The company is headquartered in Montreal, Quebec and currently employs 2,400 full-time employees. The company went IPO on 2018-11-01. The firm offers a range of digital technology services, which includes business strategy, application services, enterprise solutions, and data and analytics. Its business strategy services, including strategic consulting, digital transformation, organizational performance and enterprise architecture. The application solutions services include digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance and automated testing. Its enterprise solutions services include enterprise resource planning (ERP), corporate performance management (CPM/EPM), customer relationship management (CRM/CXM) and human capital management (HCM). The data and analytics services include business intelligence, data management, artificial intelligence and machine learning, as well as Internet of things (IoT).
Alithya Group, Inc. engages in the provision of information technology consulting services. The company is headquartered in Montreal, Quebec and currently employs 2,400 full-time employees. The company went IPO on 2018-11-01. The firm offers a range of digital technology services, which includes business strategy, application services, enterprise solutions, and data and analytics. Its business strategy services, including strategic consulting, digital transformation, organizational performance and enterprise architecture. The application solutions services include digital applications DevOps, legacy systems modernization, control and software engineering, cloud infrastructure, quality assurance and automated testing. Its enterprise solutions services include enterprise resource planning (ERP), corporate performance management (CPM/EPM), customer relationship management (CRM/CXM) and human capital management (HCM). The data and analytics services include business intelligence, data management, artificial intelligence and machine learning, as well as Internet of things (IoT).
Revenue: Q3 revenue was $115.2 million, down 0.5% year-over-year, mainly due to lower Canadian public sector activity and project maturities.
U.S. Growth: U.S. revenues grew 12.7% to $55 million, driven by the eVerge acquisition and organic gains, though utilization was softer due to timing of big projects last year.
Profitability: The company reported positive net earnings of $0.7 million, up by $4.4 million year-over-year, and continued strong cash flow.
Spin-Off: Alithya signed an agreement to spin off its interest in Datum Consulting Group for a minority stake in a new AI-focused healthcare venture.
Bookings: Bookings exceeded $130 million, resulting in a quarterly book-to-bill ratio of 1.14, with strong renewals and new wins in AI and cloud services.
Margins: Gross margin was 31.7%, slightly down from last year, but gross margin in Canada improved as the company shifted away from lower margin work.
Strategic Shift: The transition toward higher-value, specialized services—especially in Canada—continues, aiming for improved margin and differentiation.
