ALYA - Alithya Group GAAP EPS of -C$0.06 revenue of C$130.8M; maintains focus on its long-term strategic plan

February, 14 2023 07:18 AM Alithya Group inc.

Alithya Group press release ( NASDAQ: ALYA ): Q3 GAAP EPS of -C$0.06.
Revenue of C$130.8M (+19.2% Y/Y).
Gross margin as a percentage of revenues was 30.0%, compared to 25.8% for the same quarter last year.
Adjusted EBITDA increased 122.0% to C$10.0M, or 7.7% of revenues, compared to C$4.5M, or 4.1% of revenues, for the same quarter last year.
Q3 bookings reached C$136.6M, which translated into a book-to-bill ratio of 1.04 for the quarter, and on a trailing twelve months basis, bookings were C$508.5M, which translated into a book-to-bill ratio of 1.00.
Outlook: Notwithstanding the ongoing global uncertainties, the Company maintains focus on its long-term strategic plan, which sets as a goal to consolidate its position to become a trusted leader in digital transformation.
More specifically, Alithya has established a three-pronged growth plan focusing on: Increasing scale through organic growth and complementary acquisitions; Achieving best-in-class employee engagement; Providing its investors, partners and stakeholders with long-term growing return on investment.

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