Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Strategic Consulting And Enterprise Transformation Services - Time And Materials Arrangements brought in 68% of the revenue Alithya Group inc broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| Strategic Consulting And Enterprise Transformation Services - Time And Materials Arrangements | 337.6M CAD | 324.6M CAD |
| Enterprise Transformation Services - Fixed-Fee Arrangements | 61.4M CAD | 79.6M CAD |
| Business Enablement Services - Support revenues | 45.2M CAD | 48.3M CAD |
| Business Enablement Services | 29.2M CAD | 24.9M CAD |
Business segments
United States brought in 49% of the revenue Alithya Group inc broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2025 | 2026 |
|---|---|---|
| United States | 200.5M CAD | 233.2M CAD |
| Canada | 251.9M CAD | 218.5M CAD |
| International | 21.1M CAD | 25.7M CAD |
Regions
United States brought in 49% of the revenue Alithya Group inc broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| United States | 200.5M CAD | 233.2M CAD |
| Canada | 251.9M CAD | 218.5M CAD |
| International | 21.1M CAD | 25.7M CAD |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue67¢317.3M CAD
- Selling, general and admin25¢116.1M CAD
- Other costs6¢27.1M CAD
- Interest2¢8.9M CAD
- Income tax1¢2.8M CAD
- Profit0¢1.3M CAD
Out of 473.5M CAD in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢1.2M CAD
- Kept or used elsewhere98¢47.2M CAD
Out of 48.4M CAD of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Revenues | 477.4M CAD | 473.5M CAD |
| Cost of revenues | 315.3M CAD | 317.3M CAD |
| Gross margin | 162.1M CAD | 156.1M CAD |
| Selling, general and administrative expenses | 122.2M CAD | 116.1M CAD |
| Business acquisition, integration and reorganization costs (recovery) | 4.1M CAD | -1.2M CAD |
| Depreciation | 3.5M CAD | 4.5M CAD |
| Amortization of intangibles | 18.6M CAD | 18.9M CAD |
| Impairment loss | 41.1M CAD | 5.1M CAD |
| Foreign exchange loss (gain) | 674.0K CAD | -258.0K CAD |
| Operating expenses | 190.2M CAD | 143.2M CAD |
| Operating loss | -28.1M CAD | 13.0M CAD |
| Net financial expenses | 9.5M CAD | 8.9M CAD |
| (Loss) earnings before income taxes | -37.6M CAD | 4.1M CAD |
| Current | 2.7M CAD | 1.3M CAD |
| Deferred | -1.5M CAD | 1.5M CAD |
| Effective income tax rate | 1.2M CAD | 2.8M CAD |
| Net (loss) earnings | -38.8M CAD | 1.3M CAD |
| Cumulative translation adjustment on consolidation of foreign subsidiaries | -1.9M CAD | 3.4M CAD |
| Other comprehensive (loss) income | -1.9M CAD | 3.4M CAD |
| Comprehensive (loss) income | -40.7M CAD | 4.7M CAD |
| Basic earnings (loss) per share (in CAD per share) | -0.40 CAD | 0.01 CAD |
| Diluted earnings (loss) per share (in CAD per share) | -0.40 CAD | 0.01 CAD |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash | 12.8M CAD | 16.0M CAD | 8.9M CAD |
| Accounts receivable and other receivables | 76.5M CAD | 95.3M CAD | |
| Unbilled revenues | 32.1M CAD | 14.8M CAD | |
| Tax credits receivable | 8.3M CAD | 11.0M CAD | |
| Prepaids | 8.5M CAD | 8.7M CAD | |
| Total current assets | 138.2M CAD | 145.7M CAD | |
| Tax credits receivable | 14.0M CAD | 10.0M CAD | |
| Other assets | 1.0M CAD | 1.3M CAD | |
| Property and equipment | 3.7M CAD | 4.0M CAD | |
| Right-of-use assets | 2.6M CAD | 4.3M CAD | 5.6M CAD |
| Intangibles | 55.3M CAD | 74.5M CAD | |
| Deferred tax assets | 5.3M CAD | 4.9M CAD | |
| Investments accounted for using equity method | 2.5M CAD | 0 CAD | |
| Goodwill | 159.4M CAD | 181.4M CAD | 166.5M CAD |
| Total assets | 382.0M CAD | 426.0M CAD | |
| Accounts payable and accrued liabilities | 74.7M CAD | 80.9M CAD | |
| Deferred revenues | 22.4M CAD | 25.0M CAD | |
| Current portion of lease liabilities | 1.6M CAD | 3.5M CAD | |
| Current portion of long-term debt | 8.5M CAD | 8.1M CAD | |
| Current portion of contingent consideration | 3.2M CAD | 0 CAD | |
| Total current liabilities | 110.3M CAD | 117.5M CAD | |
| Contingent consideration | 2.7M CAD | 5.4M CAD | |
| Long-term debt | 112.4M CAD | 101.9M CAD | |
| Lease liabilities | 4.2M CAD | 5.4M CAD | |
| Deferred tax liabilities | 9.6M CAD | 11.2M CAD | |
| Total liabilities | 239.3M CAD | 241.4M CAD | |
| Share capital | 308.0M CAD | 316.7M CAD | |
| Deficit | -186.9M CAD | -155.1M CAD | |
| Accumulated other comprehensive income | 6.1M CAD | 8.0M CAD | |
| Contributed surplus | 15.5M CAD | 14.9M CAD | |
| Shareholders' equity | 142.7M CAD | 184.6M CAD | 175.2M CAD |
| Equity and liabilities | 382.0M CAD | 426.0M CAD |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Cash | 12.8M CAD | 16.0M CAD | 8.9M CAD |
| Accounts receivable and other receivables | 76.5M CAD | 95.3M CAD | |
| Unbilled revenues | 32.1M CAD | 14.8M CAD | |
| Tax credits receivable | 8.3M CAD | 11.0M CAD | |
| Prepaids | 8.5M CAD | 8.7M CAD | |
| Total current assets | 138.2M CAD | 145.7M CAD | |
| Tax credits receivable | 14.0M CAD | 10.0M CAD | |
| Other assets | 1.0M CAD | 1.3M CAD | |
| Property and equipment | 3.7M CAD | 4.0M CAD | |
| Right-of-use assets | 2.6M CAD | 4.3M CAD | 5.6M CAD |
| Intangibles | 55.3M CAD | 74.5M CAD | |
| Deferred tax assets | 5.3M CAD | 4.9M CAD | |
| Investments accounted for using equity method | 2.5M CAD | 0 CAD | |
| Goodwill | 159.4M CAD | 181.4M CAD | 166.5M CAD |
| Total assets | 382.0M CAD | 426.0M CAD | |
| Accounts payable and accrued liabilities | 74.7M CAD | 80.9M CAD | |
| Deferred revenues | 22.4M CAD | 25.0M CAD | |
| Current portion of lease liabilities | 1.6M CAD | 3.5M CAD | |
| Current portion of long-term debt | 8.5M CAD | 8.1M CAD | |
| Current portion of contingent consideration | 3.2M CAD | 0 CAD | |
| Total current liabilities | 110.3M CAD | 117.5M CAD | |
| Contingent consideration | 2.7M CAD | 5.4M CAD | |
| Long-term debt | 112.4M CAD | 101.9M CAD | |
| Lease liabilities | 4.2M CAD | 5.4M CAD | |
| Deferred tax liabilities | 9.6M CAD | 11.2M CAD | |
| Total liabilities | 239.3M CAD | 241.4M CAD | |
| Share capital | 308.0M CAD | 316.7M CAD | |
| Deficit | -186.9M CAD | -155.1M CAD | |
| Accumulated other comprehensive income | 6.1M CAD | 8.0M CAD | |
| Contributed surplus | 15.5M CAD | 14.9M CAD | |
| Shareholders' equity | 142.7M CAD | 184.6M CAD | 175.2M CAD |
| Equity and liabilities | 382.0M CAD | 426.0M CAD |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net (loss) earnings | -38.8M CAD | 1.3M CAD |
| Depreciation and amortization | 22.1M CAD | 23.4M CAD |
| Change in fair value of contingent consideration | -2.1M CAD | -5.6M CAD |
| Net financial expenses | 9.5M CAD | 8.9M CAD |
| Share-based compensation | 5.5M CAD | 4.0M CAD |
| Unrealized foreign exchange loss (gain) | 1.0M CAD | -966.0K CAD |
| Realized foreign exchange (gain) loss on repayment of long-term debt | -604.0K CAD | 580.0K CAD |
| Impairment of goodwill and intangibles | 41.1M CAD | 5.1M CAD |
| Loss on disposal of property and equipment, intangible and lease modification | 515.0K CAD | 150.0K CAD |
| Cash settlement of RSUs, DSUs and PSUs | 0 CAD | -264.0K CAD |
| Deferred taxes | -1.5M CAD | 1.5M CAD |
| Adjustments to reconcile profit (loss) | 36.8M CAD | 38.2M CAD |
| Changes in non-cash working capital items | -11.0M CAD | 10.2M CAD |
| Net cash from operating activities | 25.8M CAD | 48.4M CAD |
| Additions to property and equipment | -1.4M CAD | -1.2M CAD |
| Additions to intangibles | -316.0K CAD | -239.0K CAD |
| Business acquisitions, net of cash acquired | -10.9M CAD | -6.4M CAD |
| Business divestiture, cash disposed | -951.0K CAD | 0 CAD |
| Net cash used in investing activities | -13.6M CAD | -7.8M CAD |
| Advances on the Credit Facility, net of related transaction costs | 61.4M CAD | 102.7M CAD |
| Repayment of the Credit Facility | -50.8M CAD | -110.3M CAD |
| Repayment of secured loans | 0 CAD | -8.5M CAD |
| Repayment of balances of purchase price payable | -7.7M CAD | -4.3M CAD |
| Repayment of other long-term debt | -350.0K CAD | -450.0K CAD |
| Repayment of lease liabilities, including lease termination costs | -3.8M CAD | -4.6M CAD |
| Settlement of RSUs and PSUs, including withholding taxes paid | -72.0K CAD | -151.0K CAD |
| Exercise of stock options | 100.0K CAD | 0 CAD |
| Shares purchased for settlement of RSUs | -205.0K CAD | -148.0K CAD |
| Shares purchased for cancellation | -5.2M CAD | -402.0K CAD |
| Financial expenses paid | -8.1M CAD | -8.0M CAD |
| Net cash used in financing activities | -14.7M CAD | -34.1M CAD |
| Effect of exchange rate changes on cash | -596.0K CAD | 636.0K CAD |
| Cash, beginning of year | -3.1M CAD | 7.1M CAD |
| Income taxes paid | 2.7M CAD | 702.0K CAD |
No quarter-by-quarter statement was filed.
Corporate structure
Alithya Group inc sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Alithya Group inc
- Ghyslain Rivard Filed SCHEDULE 13D/A on Alithya Group inc, latest Sep 2, 2026 (3 filings since Apr 19, 2023)
- Claret Asset Management Corp Filed SCHEDULE 13G/A on Alithya Group inc, latest Feb 10, 2026 (5 filings since Jan 20, 2022)
- La Capitale Civil Service Insurer Inc. Filed SC 13G/A on Alithya Group inc, latest Feb 2, 2023
- Québecor Média Filed SC 13G/A on Alithya Group inc, latest Feb 10, 2022
- Alithya Group inc A8
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Alithya Group inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 4.0M CAD2 Mar 31, 2025 | 4.6M CAD2 Mar 31, 2024 | −13.7% |
| Operating-lease assets (leased space) | 4.3M CAD2 Mar 31, 2025 | 5.6M CAD2 Mar 31, 2024 | −23.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 16.0M CAD2 Mar 31, 2025 | 8.9M CAD2 Mar 31, 2024 | +80.1% |
Intangibles and goodwill
Former names
- 9374-8572 QUEBEC INC.Mar 16, 2018 to Jul 27, 20183
Filings
92 filings to the SEC since October 2021: 5 annual reports, 10 large holders, 77 other. The latest 20:
- Sep 9, 20266-K EDGAR
- Sep 2, 2026SCHEDULE 13D/A EDGAR
- Aug 13, 20266-K EDGAR
- Aug 13, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Jul 27, 20266-K EDGAR
- Jun 30, 20266-K EDGAR
- Jun 11, 20266-K EDGAR
- Jun 11, 20266-K EDGAR
- Jun 11, 202640-F EDGAR
- Mar 25, 2026S-8 EDGAR
- Mar 25, 2026S-8 EDGAR
- Feb 13, 20266-K EDGAR
- Feb 13, 20266-K EDGAR
- Feb 10, 2026SCHEDULE 13G/A EDGAR
- Nov 14, 20256-K EDGAR
- Nov 14, 20256-K EDGAR
- Sep 11, 20256-K EDGAR
- Sep 10, 20256-K EDGAR
- Aug 13, 20256-K EDGAR
The 92 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Ghyslain RivardSCHEDULE 13D/A, 3 filings Apr 19, 2023 to Sep 2, 202611
- Claret Asset Management CorpSCHEDULE 13G/A, 5 filings Jan 20, 2022 to Feb 10, 202612
- La Capitale Civil Service Insurer Inc.SC 13G/A, 1 filing Feb 2, 202313
- Québecor MédiaSC 13G/A, 1 filing Feb 10, 202214
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ancora Advisors LLC | 191,796 | $135.2K | 0.0% | −12,707 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Alithya Group inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAlithya Group inc1
- CIK0001734520
- Filer status<br>emerging growth company not an emerging growth company1
- Incorporated inQuébec, Canada15
- Fiscal year endsMarch 311
- Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address700 Rene-Levesque West Boulevard, Suite 400, Montreal, Quebec, Canada1
- Phone1-514-285-55521
- Shares outstanding89,540,243 Class A Shares shares; 7,326,880 Class B Shares shares as of Mar 31, 202615
- AuditorKPMG LLP, Montréal, Canada PCAOB ID 85; it also attests to the company’s internal control over financial reporting15
- On EDGAR sinceMar 16, 20181
- Filings178 in all: 6-K (112), 425 (10), SC 13G/A (10), SC 13G (8), 40-F (6), S-8 (4), 20-F (2), 424B3 (2)1
All 26 form types
DRSLTR (2), SC 13D (2), SC 13D/A (2), SCHEDULE 13D/A (2), SCHEDULE 13G/A (2), UPLOAD (2), 20-F/A (1), 25 (1), 6-K/A (1), 8-A12B (1), CERT (1), CORRESP (1), DRS (1), DRS/A (1), EFFECT (1), F-4 (1), F-4/A (1), F-X (1)
- Latest filingsAnnual report (40-F) Jun 11, 2026
Sources
The numbers on this page point here. Each one links to the record it came from.
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