14 slides from Alithya Group, Inc. Class A's earnings presentation, Nov 14, 2025
Slide 1: Alithya reports double-digit growth in revenues and continued margin expansion
Fiscal 2026 second quarter ended September 30, 2025 Alithya reports double-digit growth in revenues and continued margin expansion Disclosed November 14, 2025
Slide 2: Forward looking statements, financial outlook and non-IFRS measures
Forward looking statements, financial outlook and non-IFRS measures Our presentations may contain “forward-looking information” and “forward-looking statements” Non-IFRS and other financial measures within the meaning of applicable Canadian securities laws and the U.S. Private Securities Litigation
Slide 3: Presenters
Presenters Paul Raymond Pierre Blanchette Bernard Dockrill President and Chief Chief Financial Chief Operating Executive Officer Officer Officer F2026-Q2 Disclosure – November 14, 2025 / 3
Slide 4: F2026-Q2 highlights
F2026-Q2 highlights ⁄ YoY growth in gross margin dollars and as a percentage of revenues. ⁄ YoY double-digit growth in revenues, and 35% YoY growth in our U.S. segment. ⁄ YoY growth in Adjusted EBITDA dollars and as a percentage of revenue ⁄ Launch of our Normal Course Issuer Bid program F2026-Q2 Di
Slide 5: F2026-Q2 quarterly performance
F2026-Q2 quarterly performance F2026-Q2 F2025-Q2 YoY F2026-Q1 QoQ Revenues $124.3M $111.5M 11.5% $124.2M 0% Gross margin $42.8M $34.1M 25.5% $39.8M 7.5% Gross margin as a 34.4% 30.6% 380 bps 32.1% 230 bps percentage of revenues(1) SG&A expenses $31.3M $25.9M 20.8% $30.6M 2.3% SG&A expenses as a 25.2
Slide 6: Long-term performance trends
Long-term performance trends Revenues Gross margin (in millions of $) (in millions of $, except for gross margin as a percentage of revenues(1)) 36,8% 34,4% 32,1% 31,9% 32,3% 32,1% 125,3 31,3% 46,1 124,2 124,3 30,6% 120,9 42,8 120,5 120,5 39,8 38,7 38,5 115,8 37,7 37,4 111,5 34,1 Q3-F24 Q4-F24 Q1-F2
Slide 7: Long-term profitability trends
Long-term profitability trends (in millions of $) Adjusted EBITDA margin Adjusted EBITDA Net earnings (loss) Adjusted net earnings 14,4% 9,4% 10,3% 12,2 8,7% 8,9% 7,8% 8,3% 8,3% (2) 9,5 18,0 8,0 6,5 6,1 4,9 5,3 5,7 3,9 2,3 0,3 0,2 5,4% 12,8 Q2-F24 Q3-F24 Q4-F24 Q1-F25 Q2-F25 Q3-F25 Q4-F25 Q1-F26 Q2-
Slide 8: Net debt leverage ratio
Net debt leverage ratio 25,9 137,4 139,9 131,8 123,0 122,2 17,8 8,1 117,4 19,1 123,7 10,8 107,9 109,0 14,1 109,9 8,9 122,1 118,3 112,2 10,8 12,4 108,5 108,1 15,9 97,1 96,6 94,0 3,4 3,2 3,1 2,7 2,5 2,6 2,4 2,3 2,0 Q2-F24 Q3-F24 Q4-F24 Q1-F25 Q2-F25 Q3-F25 Q4-F25 Q1-F26 Q2-F26 Net Debt (C$M)(1) Net De
Slide 9: Q2 operational updates
Q2 operational updates Alithya
Slide 10: Bookings and book-to-bill ratio
Bookings(1) and book-to-bill ratio(1) Last Bookings Book-to-bill ratio Book-to-bill ratio 12 months $447.5M 0.91 1.01 Legend When excluding revenues from the two long-term contracts signed as part of an acquisition in F2022-Q1. Book-to-bill ratio when revenues from the two $ 138,4 $ 133,9 long-term
Slide 11: Our strategic pillars
Our strategic pillars 1. Differentiating with our industry knowledge and expertise. 2. Accelerate time-to-value with our asset-based solutions. 3. Leveraging our partnerships with leading solution providers. 4. Accessing our global talent through our smart shore delivery centers. F2026-Q2 Disclosure
Slide 12: Differentiating with our industry knowledge and expertise
Differentiating with our industry knowledge and expertise Strategic Enterprise Business consulting transformation enablement Industries Financial services ⁄ Insurance ⁄ Manufacturing ⁄ Healthcare ⁄ Telecommunications ⁄ Government ⁄ Energy ⁄ Retail and distribution ⁄ Higher education ⁄ Professional s
Slide 13: Our global footprint
Our global footprint As of September 30, 2025 44% 55% 13% 5% 5% EASTERN EUROPE INDIA 51% 27% MOROCCO % of our workforce in countries where we have clients % of our workforce in our international delivery centers % of our revenues in our target geographies for the second quarter
Slide 14: Question period
Question period~ - Alithya ae = — ee — = ——