Alithya Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Alithya Group (TSE:ALYA) Full Year 2024 Results

Key Financial Results

• Revenue: CA$491.1m (down 6.0% from FY 2023).
• Net loss: CA$16.7m (loss narrowed by 45% from FY 2023).
• CA$0.17 loss per share (improved from CA$0.32 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alithya Group EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in North America.

Performance of the market in Canada.

The company's shares are up 4.7% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Alithya Group's balance sheet.

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