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Alithya * Alithya reports another record quarter for Q2 fiscal 2022 Accelerating the execution of its long - term strategy with leading organic growth and the integration of R3D Consulting Q2-2022 Highlights • • Revenues increased 54.0 % to $ 105.3 million , compared to $ 68.4 million for the same quarter last year . The consolidated percentage increase would have been 57.0 % assuming a constant US $ exchange rate . Adjusted EBITDA ( ¹ ) increased 511.2 % to $ 5.0 million , or 4.8 % of revenues , compared to $ 0.8 million , or 1.2 % of revenues , for the same quarter last year . Gross margin increased 52.0 % to $ 28.5 million , compared to $ 18.7 million for the same quarter last year . Gross margin for the second quarter , as a percentage of revenues , was 27.0 % , or 29.1 % when excluding the impact of the recent acquisition of R3D Consulting Inc. ( the " R3D Acquisition " ) , from 27.4 % for the same quarter last year . Selling , general and administrative expenses as a percentage of revenues decreased to 23.6 % , from 29.5 % for the same quarter last year . Net loss decreased to $ 2.8 million , or $ 0.03 per share , compared to a net loss of $ 5.5 million , or $ 0.09 per share , for the same quarter last year . Q2 Bookings ( 1 ) reached $ 90.9 million , which translated into a Book - to - Bill Ratio ( ¹ ) of 0.86 for the quarter , and on a trailing twelve months basis , Bookings ( 1 ) were $ 1,018.3 million , including the $ 600.0 million estimated value of the two long - term contracts signed as part of the R3D Acquisition , which translated into a Book - to - Bill Ratio ( 1 ) of 2.90 . Solid financial position enhanced with a $ 10.0 million subordinated unsecured loan entered into with Investissement Québec , as well as an extension of the credit facility to April 1 , 2024 with a $ 10.0 million increase , for a facility now amounting to $ 70.0 . • Launched a normal course issuer bid ( " NCIB " ) on September 20 , 2021 . MONTREAL , CANADA ( November 11 , 2021 ) – Alithya Group inc . ( TSX : ALYA ) ( NASDAQ : ALYA ) ( " Alithya " or the " Company " ) , a trusted advisor in strategy and digital transformation employing more than 3,400 highly qualified professionals and offering enterprise cloud solutions across Canada , the U.S. and Europe , reported today its results for the second quarter fiscal 2022 ended September 30 , 2021. All amounts are in Canadian dollars unless otherwise stated . | 1