Alithya Reports Fourth Quarter and Fiscal 2026 Results
Alithya Group Inc. reported its financial results for the fourth quarter and fiscal year 2026. For the fourth quarter, revenues decreased by 9.2% to $113.8 million, and net loss was $8.7 million ($0.09 per share), compared to net earnings of $8.0 million ($0.08 per share) in the prior year. Adjusted EBITDA decreased by 29.9% to $12.7 million. For the full fiscal year 2026, revenues increased slightly by 0.8% to $477.4 million, but the company reported a net loss of $38.8 million ($0.40 per share), primarily due to an impairment charge of $41.1 million. This compares to net earnings of $1.3 million ($0.01 per share) in fiscal year 2025. Adjusted EBITDA for the full year decreased by 1.3% to $47.1 million. The company also announced the dates for its Annual General and Special Meeting of Shareholders, with a record date of July 13, 2026, and the meeting to be held on September 9, 2026.