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Alithya Group Inc. (ALYAF)

$0.69 $-0.02 (-2.71%) |CouncilHOLD · 39 · D
Bottom line: HOLD — our Council read (39/100) and AI Score (39/100) broadly agree.
MCap: $67.05M| Vol: 6| 52-wk range: $0.50 – $1.97
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Alithya Group Inc. (ALYAF) trades at $0.69 with AI Score 39/100 (Grade D). Alithya Group Inc. is a technology company providing strategy and digital transformation services across North America and Europe. Market cap: $67.05M, Sector: Technology.

Price live · AI analysis from Mar 17, 2026
Alithya Group Inc. is a technology company providing strategy and digital transformation services across North America and Europe. With a focus on various sectors, Alithya offers solutions ranging from AI to custom application development.

Analyst Coverage for ALYAF: ALYAF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ALYAF against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 39/100 · D

ALYAF: 1/1 perspectives are bearish.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Alithya Group Inc. (ALYAF) Technology Profile & Competitive Position

CEOPaul Raymond
Employees3000
HeadquartersMontreal, CA
IPO Year1996

Alithya Group Inc., founded in 1992, delivers strategy and digital technology services, including AI and custom application development, across diverse sectors in North America and Europe. With a market capitalization of $67.05M and negative P/E ratio, Alithya operates in a competitive IT services landscape.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 17, 2026

What Is the Investment Thesis for ALYAF?

Alithya Group Inc. presents a mixed investment thesis. The company's comprehensive suite of digital transformation services and diverse industry exposure offer growth potential in a rapidly evolving technological landscape. Key value drivers include the increasing demand for AI and data analytics solutions, as well as the modernization of legacy systems across various sectors. Alithya's gross margin of 30.9% indicates a reasonable level of profitability, but its negative profit margin of -4.5% and P/E ratio of -6.06 raise concerns about financial performance. Upcoming catalysts include further expansion of its AI-driven solutions and strategic partnerships to penetrate new markets. However, potential risks include intense competition in the IT services sector and the company's ability to achieve sustained profitability. Investors should closely monitor Alithya's financial performance and its ability to capitalize on growth opportunities while managing operational costs.

Based on FMP financials and quantitative analysis

ALYAF Key Highlights

  • Market capitalization of $67.05M indicates its size relative to competitors.
  • Gross margin of 30.9% reflects the profitability of its services before operating expenses.
  • Negative P/E ratio of -6.06 suggests the company is currently unprofitable.
  • Employs 3,000 individuals, representing its operational scale.
  • Beta of -0.08 indicates low volatility compared to the market.

Who Are ALYAF's Competitors?

ALYAF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ADPXY Audio Pixels Holdings Limited $3.00 +0.00% $107.37M 45
APPEF Appen Limited $0.70 +0.00% $187.97M 47
CNGFF Change Financial Limited $0.15 +220.17% $103.57M 48
DCHIY Digital China Holdings Limited $1.24 +6.67% $413.65M 39
FCCN Spectral Capital Corporation $5.09 -2.08% $400.92M 47
IAIC Information Analysis Incorporated $4.28 +12.34% $81.86M 66
DVLT Datavault AI Inc. $0.38 -1.22% $107.35M 65
NYAX Nayax Ltd. $71.97 +2.49% $2.63B 62

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ALYAF's Key Strengths?

  • Comprehensive suite of digital transformation services.
  • Presence in North America and Europe.
  • Expertise in emerging technologies like AI and data analytics.
  • Diverse industry exposure.

What Are ALYAF's Weaknesses?

  • Negative profit margin.
  • Intense competition in the IT services sector.
  • Limited brand recognition compared to larger competitors.
  • Dependence on project-based revenue.

What Could Drive ALYAF Stock Higher?

  • Expansion of AI-driven solutions and services to meet growing market demand.
  • Strategic partnerships and acquisitions to enhance capabilities and market reach.
  • Modernization of legacy systems for clients across various industries.
  • Potential new contracts with government agencies and healthcare organizations.
  • Continued growth in the European market through strategic investments.

What Are the Key Risks for ALYAF?

  • Financial-distress signal — its Altman Z-Score of 0.65 sits in the distress zone (elevated bankruptcy risk).
  • Negative return on equity (-13.0%) — the business is not currently generating profit on shareholder capital.
  • Economic downturns impacting IT spending and project budgets.
  • Intense competition in the IT services sector.
  • Cybersecurity threats and data breaches compromising client data.
  • Rapid technological changes requiring continuous adaptation and investment.
  • Negative profit margin impacting financial stability.

What Are the Growth Opportunities for ALYAF?

  • Expansion of AI-Driven Solutions: Alithya's AI-FI solution and other AI-related offerings present a significant growth opportunity. The global artificial intelligence market is projected to reach trillions of dollars by 2030, driven by increasing adoption across industries. Alithya can capitalize on this trend by expanding its AI capabilities and targeting specific sectors such as healthcare and finance, where AI applications are in high demand. Timeline: Ongoing.
  • Strategic Partnerships and Acquisitions: Forming strategic partnerships and pursuing targeted acquisitions can accelerate Alithya's growth and expand its market reach. Collaborating with complementary technology providers and acquiring companies with specialized expertise can enhance Alithya's service offerings and attract new clients. This strategy can also enable Alithya to enter new geographic markets and diversify its revenue streams. Timeline: Ongoing.
  • Modernization of Legacy Systems: Many organizations across various industries still rely on outdated legacy systems, creating a significant opportunity for Alithya to provide modernization services. By helping companies migrate to modern, cloud-based platforms, Alithya can improve their efficiency, reduce costs, and enhance their competitiveness. The market for legacy system modernization is substantial, with ongoing demand from both public and private sector organizations. Timeline: Ongoing.
  • Penetration of the Healthcare Sector: Alithya's SIDER solution and other healthcare-related offerings position the company to capitalize on the growing demand for digital health solutions. The healthcare industry is undergoing a rapid digital transformation, driven by the need to improve patient outcomes, reduce costs, and enhance operational efficiency. Alithya can leverage its expertise in data analytics and AI to develop innovative solutions for healthcare providers and payers. Timeline: Ongoing.
  • Expansion in the European Market: Alithya has a presence in Europe, providing a platform for further expansion in this region. The European IT services market is substantial, with ongoing demand for digital transformation solutions across various industries. By investing in sales and marketing efforts and establishing strategic partnerships, Alithya can increase its market share in Europe and diversify its revenue streams. Timeline: Ongoing.

What Opportunities Does ALYAF Have?

  • Growing demand for digital transformation solutions.
  • Expansion of AI and data analytics applications.
  • Strategic partnerships and acquisitions.
  • Penetration of new geographic markets.

What Threats Does ALYAF Face?

  • Economic downturns impacting IT spending.
  • Rapid technological changes requiring continuous adaptation.
  • Cybersecurity threats and data breaches.
  • Competition from larger, more established players.

What Are ALYAF's Competitive Advantages?

  • Established presence in North America and Europe provides a broad geographic reach.
  • Diverse service offerings spanning strategy, technology, and business enablement.
  • Expertise in niche areas such as AI and data analytics.
  • Long-standing relationships with clients across various industries.

What Does ALYAF Do?

Founded in 1992 and headquartered in Montreal, Canada, Alithya Group Inc. has evolved into a prominent provider of strategy and digital technology services. The company operates across Canada, the United States, and Europe, offering a comprehensive suite of services designed to help businesses navigate the complexities of digital transformation. Alithya's offerings span strategic consulting, enterprise transformation, and business enablement, addressing critical areas such as digital strategy, cybersecurity, and change management. Alithya's services extend to enterprise resource planning (ERP), supply chain management, customer relationship management (CRM), and human capital management (HCM), providing end-to-end solutions for optimizing business processes. The company also specializes in cutting-edge technologies like machine learning, artificial intelligence, and data analytics, developing custom applications and modernizing legacy systems. Alithya serves a diverse range of industries, including financial services, energy, manufacturing, telecommunications, transportation and logistics, professional services, healthcare, and government sectors. Alithya's product portfolio includes AI-FI, an integrated AI solution; Alithya Rapid QA, a solution for application functionality; Alithya Adaptive Learning, a subscription-based training platform; CASSI analytics for the energy sector; and SIDER, a secure medical results distribution solution. With approximately 3,000 employees, Alithya continues to expand its capabilities and geographic reach to meet the evolving needs of its clients.

What Products and Services Does ALYAF Offer?

  • Provides strategic consulting services to help businesses align their technology investments with their overall goals.
  • Offers enterprise transformation services to modernize business processes and improve operational efficiency.
  • Delivers business enablement services to help organizations adopt new technologies and drive innovation.
  • Specializes in enterprise resource planning (ERP) and supply chain management (SCM) solutions.
  • Offers customer relationship management (CRM) and human capital management (HCM) services.
  • Develops custom applications and modernizes legacy systems.
  • Provides data analytics and artificial intelligence (AI) solutions.
  • Offers cybersecurity and change management advisory services.

How Does ALYAF Make Money?

  • Provides technology consulting and implementation services on a project basis.
  • Offers subscription-based access to its Alithya Adaptive Learning platform.
  • Generates revenue from managed services and ongoing support contracts.
  • Sells software solutions such as AI-FI and CASSI analytics.

What Industry Does ALYAF Operate In?

Alithya Group Inc. operates within the highly competitive information technology services industry. The sector is characterized by rapid technological advancements, increasing demand for digital transformation, and intense competition among established players and emerging startups. Market trends include the growing adoption of cloud computing, AI, and data analytics solutions. Alithya competes with companies like ADPXY (Automatic Data Processing), APPEF (Apple Inc.), CNGFF (Cognizant), DCHIY (Deutsche Telekom AG), and FCCN (FactSet Research Systems Inc.), all vying for market share in providing IT services to various industries. The industry is expected to continue growing, driven by the need for businesses to modernize their operations and leverage technology for competitive advantage.

Who Are ALYAF's Key Customers?

  • Financial services companies seeking to modernize their technology infrastructure.
  • Energy companies looking to optimize their operations and improve efficiency.
  • Manufacturing companies seeking to implement ERP and SCM solutions.
  • Healthcare organizations seeking to improve patient outcomes and reduce costs.
  • Government agencies seeking to enhance their digital capabilities.
AI Confidence: 71% Updated: Mar 17, 2026

FY2026 estForward Outlook

Wall Street analysts project Alithya Group Inc. revenue of about $483.2M for fiscal 2026, with EPS near $-0.29. The estimate reflects 5 contributing analysts.

Quarterly Financial Performance: Alithya Group Inc.

Revenue for Alithya Group Inc. came in at $114.1M during Q1 2026. The company recorded a net loss of $8.7M, with diluted EPS of $-0.09. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Technology stock should monitor closely. Across the four most recent quarters, ALYAF averaged $-0.10 in diluted EPS.

ALYAF Valuation & Market Position

With a $67.05M market cap, Alithya Group Inc. sits in the micro-cap segment of the market. Relative to its peer group, ALYAF's quantitative score of 39/100 is roughly in line with the peer average of 45/100.

ROE -13%Key Financial Metrics

Return on equity for Alithya Group Inc. stands at -13.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -5.9%, showing how much profit it generates from its asset base. Its free cash flow yield is 27.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.34 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -17.4%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 5/9Financial Health

Alithya Group Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.65 places it in the distress zone, a signal of elevated financial risk.

Company Profile

Alithya Group Inc. operates in the Information Technology Services industry within the Technology sector. It is headquartered in Montreal, CA. The company is led by CEO Paul Raymond. ALYAF has traded publicly since 1996.

ALYAF Financials

Fundamental Snapshot

Revenue Growth (FY)
+1.1%
Free Cash Flow Growth (FY)
-65.2%
Return on Equity (TTM)
-13.0%
Current Ratio
1.3
EV/EBITDA (TTM)
28.2

Based on FMP financials and quantitative analysis · FY 2026

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the company's future, indicating that leadership believes in the potential for growth.
  • Community sentiment has shifted positively, with discussions highlighting Alithya's innovative solutions and adaptability in the tech sector.
  • Recent contract wins in key markets have bolstered the company's reputation, attracting attention from investors seeking reliable tech partners.
  • Analysts have noted a strong pipeline of projects, which could lead to increased revenue and market share in the coming quarters.

Bear Case

  • Concerns about the competitive landscape have been raised, as larger firms continue to dominate the tech consulting space.
  • Recent earnings reports have shown mixed results, leading some investors to question the company's growth trajectory.
  • Social sentiment has revealed skepticism regarding the sustainability of recent growth, with some community members highlighting potential market challenges.
  • Insider selling activity has also been noted, which could signal a lack of confidence among some executives about the company's near-term performance.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q1 2026 $114M -$9M -$0.09
Q4 2025 $115M $675,448 $0.01
Q3 2025 $124M -$31M -$0.32
Q2 2025 $124M $185,000 $0.0019

Based on FMP financials and quantitative analysis

ALYAF Latest News

ALYAF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ALYAF.

Price Targets

Wall Street price target analysis for ALYAF.

ALYAF MoonshotScore

39/100

What does this score mean?

The MoonshotScore rates ALYAF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Paul Raymond

CEO

Paul Raymond serves as the CEO of Alithya Group Inc., leading a team of 3,000 employees. His career spans several decades in the technology and consulting industries. Prior to joining Alithya, Raymond held leadership positions at various technology firms, where he focused on driving growth and innovation. He has a strong background in strategic planning, business development, and operational management. Raymond's experience includes overseeing large-scale IT projects and implementing digital transformation initiatives for clients across diverse sectors.

Track Record: Under Paul Raymond's leadership, Alithya Group Inc. has expanded its service offerings and geographic reach. He has overseen strategic acquisitions and partnerships to enhance the company's capabilities and market position. Raymond has also focused on fostering a culture of innovation and collaboration within the organization, driving the development of new AI-driven solutions and other cutting-edge technologies. His tenure has been marked by efforts to improve operational efficiency and achieve sustainable growth.

ALYAF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Alithya Group Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the potential for limited information and liquidity.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: As an OTC-listed stock, ALYAF's liquidity may be limited compared to stocks listed on major exchanges. Trading volume can be low, leading to wider bid-ask spreads and potential difficulty in buying or selling shares quickly without significantly impacting the price. Investors should be aware of these liquidity constraints and exercise caution when trading ALYAF.
OTC Risk Factors:
  • Limited financial disclosure due to the OTC Other tier status.
  • Lower liquidity compared to stocks listed on major exchanges.
  • Potential for wider bid-ask spreads and price volatility.
  • Higher risk of fraud or manipulation due to less regulatory oversight.
  • Dependence on market makers for trading activity.
Due Diligence Checklist:
  • Verify the company's financial statements and disclosures.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's growth prospects and potential risks.
  • Monitor trading volume and bid-ask spreads.
  • Consult with a financial advisor before investing.
  • Understand the risks associated with OTC-listed stocks.
Legitimacy Signals:
  • Established presence in North America and Europe.
  • Long operating history since 1992.
  • Client base across diverse industries.
  • Employee count of approximately 3,000.
  • Provision of digital technology services, a sector with high growth potential.

Alithya Group Inc. Technology Stock: Key Questions Answered

What does Alithya Group Inc. do?

Alithya Group Inc. is a technology company that provides strategy and digital technology services to businesses across various sectors, including financial services, energy, and healthcare. The company offers a range of services, including strategic consulting, enterprise transformation, and business enablement. Alithya also specializes in emerging technologies like artificial intelligence, data analytics, and cloud computing, helping clients modernize their operations and improve their competitiveness. Alithya's solutions are designed to help organizations navigate the complexities of digital transformation and achieve their business goals.

What are the main risks for ALYAF?

The main risks for Alithya Group Inc. include intense competition in the IT services sector, economic downturns impacting IT spending, and the potential for cybersecurity threats and data breaches. The company's negative profit margin also poses a risk to its financial stability. Additionally, as an OTC-listed stock, ALYAF is subject to lower liquidity and greater price volatility compared to stocks listed on major exchanges. Investors should carefully consider these risks before investing in ALYAF.

What are the key factors to evaluate for ALYAF?

Alithya Group Inc. (ALYAF) holds an AI score of 39/100 (low). Not financial advice.

How frequently does ALYAF data refresh on this page?

ALYAF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven ALYAF's recent stock price performance?

Alithya Group Inc. (ALYAF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive suite of digital transformation services. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider ALYAF overvalued or undervalued right now?

Valuing Alithya Group Inc. (ALYAF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying ALYAF?

Before investing in Alithya Group Inc. (ALYAF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding ALYAF to a portfolio?

Key strength of Alithya Group Inc. (ALYAF): Comprehensive suite of digital transformation services. Weigh rewards against risks and diversify. Not financial advice.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data is based on the most recent available information.
  • Analyst opinions may vary and should be independently verified.
  • OTC market investments carry additional risks.
Data Sources

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