v3.26.1
Material Accounting Policies (Tables)
 12 Months Ended
Mar. 31, 2026
Disclosure Of Significant Accounting Policies [Abstract]  
Summary of Primary Subsidiaries
The Company’s principal subsidiaries are as follows:
20262025
EntityJurisdictionPercentage OwnershipPercentage Ownership
Alithya Canada Inc.Quebec, Canada100%100%
Alithya Consulting Inc.Quebec, Canada100%100%
XRM Vision Inc. (a)
Quebec, Canada—100%
Alithya Digital Technology CorporationOntario, Canada100%100%
Alithya USA, Inc.Delaware, USA100%100%
Alithya Financial Solutions, Inc.Delaware, USA100%100%
Alithya Enterprise Solutions, LLC (formerly Alithya Ranzal LLC)Delaware, USA100%100%
Alithya Zero2Ten, Inc. (a)
Delaware, USA—100%
Alithya USA Consulting Services, LLC (formerly Alithya Fullscope Solutions, Inc.)Delaware, USA100%100%
Vitalyst, LLC (a)
Delaware, USA—100%
Datum Consulting Group, LLC (b)
Indiana, USA—100%
Alithya France SASFrance100%100%
DCG Team UK Limited (b)
United Kingdom—100%
Alithya Numérique Maroc SARLAUMorocco100%100%
XRM Vision Maroc SARLAUMorocco100%100%
Datum Cybertech India Pvt Ltd. (b)
India—100%
eVerge Interests, Inc. (note 4) (a)
Delaware, USA——
eVerge Software and Technology Services Pvt Ltd. India100%—
(a)As at March 31, 2026, those subsidiaries were either liquidated, dissolved, amalgamated or transferred all of their assets and liabilities to other companies of Alithya.
(b)As at March 31, 2026, those subsidiaries were divested as part of the Datum Transaction (note 4).
Investment in an associate
An associate is an entity in which the Company has the ability to exercise significant influence over the financial and operating policies. The investment in an associate is accounted for using the equity method of accounting. Under the equity method of accounting, the investment is initially recorded at cost, and the carrying amount is increased or decreased to recognize the Company’s share of the investee’s net profit or loss, including its proportionate share of the investee’s Other comprehensive income, subsequent to the date of acquisition. As at March 31, 2026, the Company has a 24.5% investment in Medivra Holdings LLC (note 4).
TRANSLATION OF FOREIGN CURRENCIES
Summary of Depreciation Method of Property and Equipment Property and equipment are recorded at cost and amortized over their estimated useful lives, using the following methods:
MethodRates
Furniture, fixtures and equipmentStraight line5 years
Computer equipmentStraight line3 years
Leasehold improvementsStraight lineOver the term of the lease
As atMarch 31, 2026March 31, 2025
Furniture,
fixtures &
equipment		Computer
equipment		Leasehold improvementsTotalFurniture,
fixtures &
equipment		Computer
equipment		Leasehold improvementsTotal
$$$$$$$$
Opening cost1,746 8,857 6,038 16,641 1,572 7,359 5,982 14,913 
Additions— 1,313 104 1,417 59 1,143 — 1,202 
Additions through business acquisitions (note 4)
— 62 — 62 19 41 — 60 
Disposals / retirements(264)(1,149)(177)(1,590)— — — — 
Disposal through divestiture (note 4)(6)(305)— (311)— — — — 
Foreign currency translation adjustment(38)(163)(5)(206)96 314 56 466 
Ending cost1,438 8,615 5,960 16,013 1,746 8,857 6,038 16,641 
Opening accumulated depreciation1,284 6,947 4,450 12,681 1,035 5,717 3,571 10,323 
Depreciation expense95 1,171 373 1,639 170 993 850 2,013 
Disposals / retirements(174)(1,248)(177)(1,599)— — — — 
Disposal through divestiture (note 4)(2)(174)— (176)— — — — 
Foreign currency translation adjustment(26)(158)(8)(192)79 237 29 345 
Ending accumulated depreciation1,177 6,538 4,638 12,353 1,284 6,947 4,450 12,681 
Net carrying amount261 2,077 1,322 3,660 462 1,910 1,588 3,960 
Summary of Amortization Method of Intangible Assets The Company amortizes its intangible assets using the straight-line method as follows:
MethodPeriod
Customer relationshipsStraight line
1 - 13 years
SoftwareStraight line3 years
Tradenames-Indefinite
Non-compete agreementsStraight line
3 - 10 years
As atMarch 31, 2026March 31, 2025
Customer relationshipsSoftware
Tradenames (a)
Non-compete agreementsTotalCustomer
relationships		Software
Tradenames (a)
Non-compete agreementsTotal
$$$$$$$$$$
Opening cost175,492 16,833 3,020 8,806 204,151 163,297 15,866 2,844 7,738 189,745 
Additions, purchased— — — — — — 116 — — 116 
Additions through business acquisition
(note 4)
6,527 24 — 344 6,895 7,800 300 — 1,600 9,700 
Additions, internally generated— 316 — — 316 — 123 — — 123 
Disposals / retirements(3,058)(46)— (6,289)(9,393)(424)(338)— (810)(1,572)
Disposals through divestiture
(note 4)
(9,185)(10,918)(2,879)(548)(23,530)— — — — — 
Foreign currency translation adjustment(2,496)(414)(141)(144)(3,195)4,819 766 176 278 6,039 
Ending cost167,280 5,795 — 2,169 175,244 175,492 16,833 3,020 8,806 204,151 
Opening accumulated amortization107,441 15,206 — 7,054 129,701 91,530 10,578 — 6,364 108,472 
Amortization16,895 1,253 — 488 18,636 13,321 4,361 — 1,244 18,926 
Impairment loss (notes 4, 9)
3,543 — 1,225 137 4,905 — — — — — 
Disposals / retirements(3,058)— — (6,289)(9,347)(424)(338)— (810)(1,572)
Disposals through divestiture
(note 4)
(9,185)(10,918)(1,218)(548)(21,869)— — — — — 
Foreign currency translation adjustment(1,582)(371)(7)(138)(2,098)3,014 605 — 256 3,875 
Ending accumulated amortization114,054 5,170 — 704 119,928 107,441 15,206 — 7,054 129,701 
Net carrying amount53,226 625 — 1,465 55,316 68,051 1,627 3,020 1,752 74,450 
(a) Tradenames are allocated to the Industry Solutions CGU for the purpose of impairment testing.