Financial Data and Key Metrics Changes - Revenue for Q2 2024 amounted to CAD 118.5 million, a decrease of 8.1% compared to CAD 128.9 million in Q2 2023 [14] - Gross margin dollars decreased by CAD 2 million or 8% to CAD 34.8 million, but gross margin as a percentage of revenues increased to 29.4%, up from 29.3% year-over-year [16][18] - Adjusted EBITDA for Q2 was CAD 6.5 million, down CAD 2.9 million from CAD 9.4 million in the same quarter last year [20] - Adjusted net loss for Q2 was CAD 0.2 million, a decrease of CAD 3.6 million from adjusted net earnings of CAD 3.4 million in Q2 2023 [21] Business Line Data and Key Metrics Changes - Canadian revenues decreased by 9.5% to CAD 68 million, primarily due to reduced IT investments in the banking services sector [14] - U.S. revenues decreased by 6% to CAD 45.7 million, mainly due to weaker demand for digital skilling and change enablement services [15] - International operations reported an 8.3% revenue decrease, mainly due to reduced activities in Australia [15] Market Data and Key Metrics Changes - The financial services market in Canada remains tight but steady, with some large clients reducing volume while market share is maintained [12] - The U.S. healthcare sector is expected to grow, with increased demand for services [12][62] - The manufacturing sector, particularly process manufacturing, is also seeing high demand [62] Company Strategy and Development Direction - The company is focused on increasing gross margins through project efficiencies, improved utilization, and a reduction in subcontractors [5][8] - There is a strong emphasis on AI-enabled solutions and higher-margin offerings, particularly in data and automation [10][56] - The company aims to maintain discipline in SG&A spending while exploring new projects with existing clients and engaging new clients [6][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future profitability as the company continues to reduce SG&A spending and improve gross margins [6][26] - The company anticipates a return to higher spending in the financial services sector within a year, driven by AI and automation projects [32][62] - Management noted that while current conditions are challenging, the focus on efficiency and higher-margin services positions the company well for future growth [10][26] Other Important Information - The company added 36 new clients in the quarter, reflecting its growing reputation and ability to provide comprehensive solutions [6][7] - The gross margin percentage is expected to improve further as the company shifts more projects to higher-margin offerings [18][56] Q&A Session Summary Question: Utilization rate and margins - Management confirmed that they have reduced subcontractors significantly and are focusing on maximizing utilization rates in response to market conditions [28][29] Question: Normal state of spending for financial services - Management indicated that spending in the financial services sector is currently at a bare minimum but is expected to resume higher levels in about a year [32] Question: AI pilots with clients - The company is actively working on AI projects, not just pilots, and has seen strong demand for data-driven solutions [34] Question: Increased demand for offshore services - Management acknowledged the need to accelerate offshore services to improve margins and competitiveness [36] Question: Current subcontractor ratio - The subcontractor ratio is at its lowest in over two years, with plans to continue reducing it [38] Question: Impact of Canadian revenue streams - Management noted that the decrease in Canadian revenues is primarily due to a few large clients in the banking sector, but other areas are showing positive growth [40][42] Question: Further efficiency benefits in utilization - Management sees room for improvement in utilization and fixed-price projects, particularly through better resource allocation [44] Question: Long-term gross margin goals - Management aims for gross margins in the high 30s to 40% range, focusing on smart shoring and AI-driven efficiencies [48][50] Question: Cash flow expectations - Management does not provide specific guidance but expects to recover from current working capital challenges in upcoming quarters [52] Question: High-margin offerings - The highest margin business is in AI and data-driven solutions, with gross margins in the 50% range [56] Question: Growth sectors - Management highlighted growth in healthcare and manufacturing sectors, while the financial services sector is expected to remain slow for the next year [62]

Alithya Group, Inc. (NASDAQ:ALYA) Q1 2024 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Benjamin Cerantola - Director, Communications Paul Raymond - President, CEO & Director Claude Thibault - CFO Conference Call Participants Jerome Dubreuil - Desjardins Securities Divya Goyal - Scotiabank Gavin Fairweather - Cormark Securities Vincent Colicchio - Barrington Research Associates Meng Shao - National Bank Financial Operator Good morning, ladies and gentlemen. Welcome to Alithya's Fi ...

Alithya Group Inc. (NASDAQ:ALYA) Q4 2023 Earnings Conference Call June 8, 2023 9:00 AM ET Company Participants Paul Raymond - President, Chief Executive Officer Claude Thibault - Chief Financial Officer Benjamin Cerantola - Director of Communications Conference Call Participants Gavin Fairweather - Cormark Securities Deepak Kaushal - BMO Capital Markets Jérôme Dubreuil - Desjardins Vincent Colicchio - Barrington Research John Shao - National Bank Financial Divya Goyal - Scotiabank Operator Good morning lad ...

Alithya Group Inc. (NASDAQ:ALYA) Q3 2023 Earnings Conference Call February 14, 2023 9:00 AM ET Company Participants Rachel J. Andrews - VP, Communications and Marketing Paul Raymond - President and CEO Claude Thibault - CFO Conference Call Participants Jérôme Dubreuil - Desjardins Amr Ezzat - Echelon Partners Vincent Colicchio - Barrington Research Deepak Kaushal - BMO Capital Markets Brian Kinstlinger - Alliance Global Gavin Fairweather - Cormark Securities Divya Goyal - Scotiabank John Shao - National Ban ...

https://reportify-1252068037.cos.apbeijing.myqcloud.com/media/production/ALYAd0d7c7a99fccf10cb2c031965943f9cc.jpg Interim Consolidated Financial Statements of Alithya Group inc. For the three and nine months ended December 31, 2022 and 2021 (unaudited) https://reportify1252068037.cos.apbeijing.myqcloud.com/media/p Exhibit 99.1 TABLE OF CONTENTS | --- | --- | --- | |-----------|------------------------------------------------------------------------------------------------------------------------------------ ...

Financial Position - As of March 31, 2020, Alithya's credit facility balance was $37,615,000, an increase from $24,949,000 in 2019[213] - The total carrying amount of accounts payable and accrued liabilities was $28,970,000 as of March 31, 2020[217] - Alithya has an unused capacity of approximately $22,000,000 under its authorized secured senior revolving credit facility of $60,000,000[215] Currency Risk - Alithya's net statement of financial position exposure to currency risk was $(13,676,000) as of March 31, 2020, compared to $(17,576,000) in 2019[226] - A 8% strengthening of the USD against the Canadian dollar would result in a profit decrease of $1,087,000 for the year ended March 31, 2020[227] Liquidity and Risk Management - Alithya's liquidity risk management includes maintaining an optimal level of liquidity through active management of assets and liabilities[215] - The company has not recognized significant impairment losses in profit or loss for both 2020 and 2019[220] - Alithya's credit risk exposure remains relatively low, with no significant write-offs historically[221] - The company has established a credit policy to prioritize the collection of accounts receivable[222] Financial Instruments - Alithya's financial instruments include cash, short-term deposits, accounts receivable, and long-term debt, exposing it to interest rate, credit, liquidity, and currency risks[211]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF TH ...