Core Viewpoint - Alithya Group inc. has announced its intention to implement a normal course issuer bid (NCIB) program to enhance shareholder value through share repurchases, reflecting the company's belief that its market price does not accurately represent its intrinsic value and growth prospects [2][4]. Summary by Sections Share Buyback Program - The NCIB program allows Alithya to repurchase up to 5,939,183 Class A Shares, which is 10% of the company's public float of 59,391,834 Class A Shares, based on a total of 92,653,272 issued and outstanding Class A Shares as of September 2, 2025 [2][4]. - The maximum daily purchase limit is set at 14,545 Class A Shares, representing 25% of the average daily trading volume over the past six months [2][4]. Purpose and Strategy - The share buyback program is part of Alithya's balanced capital allocation strategy aimed at strengthening its balance sheet, optimizing capital deployment, and supporting investments in growth and debt reduction [2][4]. - CEO Paul Raymond emphasized the company's commitment to a long-term strategy focused on profitable growth and sustainable value creation for shareholders [2][4]. Implementation Details - Purchases under the NCIB are set to commence on September 12, 2025, and will conclude on September 11, 2026, or when the maximum allowable shares have been acquired [4]. - Alithya will enter into an automatic share purchase plan (ASPP) with a designated broker to facilitate share repurchases during regulatory restrictions or blackout periods [6][7]. Historical Context - The company has not repurchased any of its Class A Shares in the past twelve months, indicating a strategic shift towards share buybacks [3].

Core Insights - Alithya Group inc. has appointed Pierre Blanchette as Chief Financial Officer, effective July 28, 2025, to oversee financial operations and support the execution of the strategic plan [1][3] Company Overview - Alithya is a strategic consulting and digital transformation services provider that leverages AI and the latest technologies to solve business challenges, enabling clients to unlock new opportunities and modernize processes [4] Leadership Background - Pierre Blanchette is a Chartered Professional Accountant with nearly 30 years of finance experience, including roles as Senior Vice President and CFO at Colabor Group Inc. and various positions at Fiera Capital Corporation [2] Executive Statement - Paul Raymond, President and CEO, expressed confidence in Pierre Blanchette's ability to drive financial performance and lead teams, emphasizing the importance of his expertise in achieving strategic objectives [3]

Core Insights - Alithya Group inc. reported a 4.0% increase in revenues for Q4 2025, reaching $125.3 million compared to $120.5 million in Q4 2024, with a sequential increase of 8.3% from Q3 2025 [3][4][9] - The company achieved a record gross margin of 36.8% in Q4 2025, up from 32.1% in Q4 2024, driven by increased efficiencies and a higher value-added business mix [3][14][19] - Net earnings for Q4 2025 rose to $8.0 million, or $0.08 per share, compared to $2.3 million, or $0.02 per share, in the same quarter last year [3][19][21] Financial Performance - Revenues for the fiscal year 2025 totaled $473.5 million, a decrease of 3.6% from $491.1 million in fiscal 2024 [3][28] - Adjusted EBITDA for Q4 2025 increased by 71.8% to $18.0 million, with an Adjusted EBITDA margin of 14.4%, compared to 8.7% in Q4 2024 [3][22][38] - Selling, general and administrative expenses for Q4 2025 were $29.7 million, a slight increase of 0.4% from $29.6 million in Q4 2024, but as a percentage of revenues, it decreased to 23.7% from 24.6% [3][18][28] Client and Market Activity - The company signed 22 new clients in Q4 2025 and reported a backlog representing approximately 16 months of trailing twelve-month revenues as of March 31, 2025 [3][10][23] - Fiscal 2025 bookings reached $420.7 million, resulting in a Book-to-Bill ratio of 0.89, which would have been 1.00 excluding revenues from two long-term contracts [10][23][24] Strategic Developments - Alithya acquired eVerge Interests, Inc. on May 31, 2025, enhancing its Salesforce capabilities and Oracle expertise [3][8][10] - The company aims to leverage its industry knowledge and global delivery model to target higher value IT segments by the end of fiscal year 2027 [29][30][31]