Alithya Q1 ended June 30, 2026 net loss widens as project maturities and lower utilization cut revenue to C$ 105.1 million
Reuters2026/08/13 12:18Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- For the three months ended June 30, 2026, revenue fell 15.4% to CAD 105.1 million, reflecting project maturities and fewer billable hours.
- Enterprise Transformation revenue slipped 4.9% to CAD 62.6 million; a full quarter from eVerge partly offset softer activity.
- Industry Services and Solutions revenue dropped 21.6% to CAD 42.5 million on lower government work and weaker banking-sector demand.
- Gross margin declined to 30.4% from 32.1%, pressured by lower utilization and salary increases; reduced tax credits also weighed.
- Net loss was CAD 2.4 million versus profit of 185,000; adjusted EBITDA fell to CAD 5.4 million from CAD 11.6 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alithya Group Inc. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.
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