| Disclosure of Company's operations |
The following tables present the Company's operations based on reportable segments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year ended | | March 31, 2026 | | | U.S. | | Canada | | International | | Total | | | $ | | $ | | $ | | $ | | Revenues | | 233,158 | | | 218,532 | | | 25,698 | | | 477,388 | | | | | | | | | | | | Cost of revenues and operating expenses | | | | | | | | | | Employee compensation and subcontractor costs | | 172,718 | | | 188,149 | | | 20,689 | | | 381,556 | | | Tax credits | | — | | | (12,675) | | | (165) | | | (12,840) | | | Licenses and telecommunication | | 7,213 | | | 4,222 | | | 675 | | | 12,110 | | | Other expenses | | 6,701 | | | 5,220 | | | 863 | | | 12,784 | | | | 186,632 | | | 184,916 | | | 22,062 | | | 393,610 | | | Operating income by segment | | 46,526 | | | 33,616 | | | 3,636 | | | 83,778 | | | Head office general and administrative expenses | | | | | | | | 43,850 | | Business acquisition, integration and reorganization costs (a) | | | | | | | | 4,084 | | | Foreign exchange loss | | | | | | | | 674 | | | Operating income before depreciation and amortization and impairment of goodwill and intangibles | | | | | | | | 35,170 | | | Depreciation and amortization | | | | | | | | 22,135 | | Impairment of goodwill and intangibles (b) | | | | | | | | 41,128 | | | Operating loss | | | | | | | | (28,093) | | | | | | | | | | |
(a) The contingent consideration adjustment, representing an unrealized gain of $5,358,000 and an unrealized loss of $3,270,000 relate to the Canada and the U.S. segments, respectively. The reorganization costs included in business acquisition, integration and reorganization costs, relate mostly to the Canada segment (note 20). (b) Impairment of goodwill in the amount of $26,500,000 relates to the Canada segment and impairment of goodwill and intangibles in the amounts of $9,723,000 and $4,905,000, respectively, relate to the U.S. segment (notes 8, 9). 23. SEGMENT AND GEOGRAPHICAL INFORMATION (CONT’D) | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year ended | | March 31, 2025 | | | U.S. | | Canada | | International | | Total | | | $ | | $ | | $ | | $ | | Revenues | | 200,515 | | | 251,902 | | | 21,064 | | | 473,481 | | | | | | | | | | | | Cost of revenues and operating expenses | | | | | | | | | | Employee compensation and subcontractor costs | | 148,656 | | | 212,159 | | | 18,048 | | | 378,863 | | | Tax credits | | — | | | (8,968) | | | (153) | | | (9,121) | | | Licenses and telecommunication | | 5,898 | | | 3,419 | | | 490 | | | 9,807 | | | Other expenses | | 6,264 | | | 4,953 | | | 870 | | | 12,087 | | | | 160,818 | | | 211,563 | | | 19,255 | | | 391,636 | | | Operating income by segment | | 39,697 | | | 40,339 | | | 1,809 | | | 81,845 | | | Head office general and administrative expenses | | | | | | | | 41,792 | | Business acquisition, integration and reorganization costs recovery (a) | | | | | | | | (1,234) | | | Foreign exchange gain | | | | | | | | (258) | | | Operating income before depreciation and amortization and impairment of goodwill | | | | | | | | 41,545 | | | Depreciation and amortization | | | | | | | | 23,449 | | Impairment of goodwill (a) | | | | | | | | 5,144 | | | Operating income | | | | | | | | 12,952 | | | | | | | | | | |
(a) The recovery of $5,567,000 from the contingent consideration adjustment included in business acquisition, integration and reorganization costs recovery and the impairment of goodwill relate to the U.S. segment. The reorganization costs included in business acquisition, integration and reorganization costs recovery mostly relate to the Canada segment (note 20).
|
| Summary of Revenue from Customers for Major Service Category |
An analysis of the Company’s revenues from customers for each major service category is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year ended | | March 31, 2026 | | | U.S. | | Canada | | International | | Total | | | $ | | $ | | $ | | $ | Strategic consulting and enterprise transformation services - time and materials arrangements | | 123,595 | | | 178,086 | | | 22,886 | | | 324,567 | | | Enterprise transformation services - fixed-fee arrangements | | 51,129 | | | 26,370 | | | 2,136 | | | 79,635 | | | Business enablement services - Support revenues | | 38,281 | | | 9,608 | | | 390 | | | 48,279 | | | Business enablement services - Other | | 20,153 | | | 4,468 | | | 286 | | | 24,907 | | | | 233,158 | | | 218,532 | | | 25,698 | | | 477,388 | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Year ended | | March 31, 2025 | | | U.S. | | Canada | | International | | Total | | | $ | | $ | | $ | | $ | | Strategic consulting and enterprise transformation services - time and materials arrangements | | 107,159 | | | 211,478 | | | 18,987 | | | 337,624 | | | Enterprise transformation services - fixed-fee arrangements | | 35,113 | | | 24,621 | | | 1,668 | | | 61,402 | | | Business enablement services - Support revenues | | 32,802 | | | 12,175 | | | 268 | | | 45,245 | | | Business enablement services - Other | | 25,441 | | | 3,628 | | | 141 | | | 29,210 | | | | 200,515 | | | 251,902 | | | 21,064 | | | 473,481 | | | | | | | | | | |
|