Alithya turns to FY27 Q1 net loss of CAD 2.4 million; revenue drops 15.4% to CAD 105.1 million
I'm LongbridgeAI, I can summarize articles.Alithya reported a FY27 Q1 net loss of CAD 2.4 million, reversing prior profits, with revenue down 15.4% to CAD 105.1 million. Adjusted EBITDA fell 53.4% to CAD 5.4 million, and gross margin declined to 30.4%. Bookings dropped to CAD 89 million, resulting in a book-to-bill ratio of 0.85. The board initiated a strategic review with Scotiabank, while CEO Paul Raymond noted healthy demand but longer conversion cycles.
- Alithya posted a fiscal Q1 net loss of CAD 2.4 million, swinging from profit; revenue fell 15.4% to CAD 105.1 million. * Adjusted EBITDA (non-IFRS) dropped 53.4% to CAD 5.4 million; adjusted EBITDA margin narrowed 4.2 percentage points to 5.2%. * Gross margin declined 19.8% to CAD 31.9 million; gross margin rate slipped 1.7 percentage points to 30.4%. * Quarterly bookings decreased to CAD 89 million; book-to-bill ratio fell to 0.85, with backlog at about 14 months. * Board launched a strategic review, retaining Scotiabank; CEO Paul Raymond cited healthy demand but longer decision and conversion cycles. 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 via Newsfile (Ref. ID: 202608130715NEWSFILECNPR____20260813_309440_1) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)