ASCE-ASME Journal of Risk and Uncertainty in Engineering Systems

Announcing 2023 F&L Asia Awards Winners

Retrieved on: 
Thursday, June 1, 2023

Since 2017, F+L Week has honoured outstanding individuals and groundbreaking products with the prestigious F&L Asia Awards.

Key Points: 
  • Since 2017, F+L Week has honoured outstanding individuals and groundbreaking products with the prestigious F&L Asia Awards.
  • View the full release here: https://www.businesswire.com/news/home/20230601005551/en/
    F&L Asia Person of the Year for 2023 Goh Koon Eng (Photo: Business Wire)
    We are proud to announce Goh Koon Eng of Chevron Oronite as the F&L Asia Person of the Year for 2023.
  • F&L Asia is excited to announce Russell as the recipient of the F&L Asia Lifetime Achievement Award for 2023.
  • Dr. Wenyang Zhang, senior staff mechanical design engineer at Tesla, Inc., is honoured with the F&L Asia Future Leaders Award for 2023.

Alithya reports continued strong growth in both revenues and performance

Retrieved on: 
Thursday, November 10, 2022

"In a seasonally slower quarter, the Alithya team delivered another record performance with improvements in all our key indicators.

Key Points: 
  • "In a seasonally slower quarter, the Alithya team delivered another record performance with improvements in all our key indicators.
  • We realized global Adjusted EBITDA growth of 87%, and revenue growth of 23% for Q2 F2023, compared to the same quarter last year.
  • Our robust performance is a testament to the continued health of our client relationships and our pipeline of projects.
  • Looking ahead, our second quarter performance hints at the strong potential of Alithya's platform as all the streams of our strategic plan start coming together.

Alithya renews its normal course issuer bid

Retrieved on: 
Wednesday, September 14, 2022

The Company entered into an automatic share purchase plan ("ASPP") with a designated broker in connection with its NCIB.

Key Points: 
  • The Company entered into an automatic share purchase plan ("ASPP") with a designated broker in connection with its NCIB.
  • Outside of these periods, the Class A Shares will be purchased by Alithya at its discretion under the NCIB.
  • Additional risks and uncertainties not currently known to Alithya or that Alithya currently deems to be immaterial could also have a material adverse effect on its financial position, financial performance, cash flows, business or reputation.
  • Alithya's strategy is based on a plan of accelerated organic growth and complementary acquisitions to create a global leader.

Alithya reports another quarter of strong revenue growth for Q1 fiscal 2023

Retrieved on: 
Thursday, August 11, 2022

"We are very pleased to begin a new fiscal year with continued strong revenue growth and solid bookings.

Key Points: 
  • "We are very pleased to begin a new fiscal year with continued strong revenue growth and solid bookings.
  • In Canada, business continues to be fueled by strong bookings from the public sector and new business with existing clients.
  • We are therefore pleased with the potential for margin growth as we expand our offshore operations.
  • On a sequential basis, revenues increased by $6.8 million, from $120.0 million for the fourth quarter of last year.

Alithya signs up to C$10.8 million in digital transformation contracts with Quebec government agency

Retrieved on: 
Thursday, July 28, 2022

Additionally, Alithya will support the agency's managers in the implementation of best practices in the methodology and management of their projects.

Key Points: 
  • Additionally, Alithya will support the agency's managers in the implementation of best practices in the methodology and management of their projects.
  • "These new contracts encompass a broad spectrum of Alithya specializations across multiple domains.
  • Alithya is a trusted North American leader in strategy and digital transformation, employing adedicated and highly skilled workforce of 3,700 professionals in Canada, the United States andinternationally.
  • The company's integrated offer is based on four pillars of expertise: businessstrategies, enterprise cloud solutions, application services, and data and analytics.

Alithya's Oracle Practice Signs Anticipated 10 Million USD Contract with Leading U.S. Dental Insurer

Retrieved on: 
Tuesday, July 12, 2022

The contract has now commenced and is expected to generate approximately 10 million USD in revenues over its 2.5-year term.

Key Points: 
  • The contract has now commenced and is expected to generate approximately 10 million USD in revenues over its 2.5-year term.
  • The newly signed contract follows a previous Oracle Cloud Enterprise Performance Management (EPM) project conducted between the Alithya Oracle team and the client.
  • "This agreement seals the deal on one of the largest contracts ever awarded to the Alithya Oracle Practice.
  • Investors are cautioned not to place undue reliance on forward-looking statements since actual results may vary materially from them.

The Canadian Vaping Association: Canada’s vaping excise tax will have unintended consequences

Retrieved on: 
Friday, June 17, 2022

BEAMSVILLE, Ontario, June 17, 2022 (GLOBE NEWSWIRE) -- The Canadian Vaping Association has expressed its concerns to regulators about the proposed vaping excise tax rate.

Key Points: 
  • BEAMSVILLE, Ontario, June 17, 2022 (GLOBE NEWSWIRE) -- The Canadian Vaping Association has expressed its concerns to regulators about the proposed vaping excise tax rate.
  • The Canadian government has estimated that contraband tobacco makes up roughly 30% of the total Canadian tobacco market.
  • Proponents of the excise tax believe that enforcement mechanisms will prevent illicit activity, but Canadas demonstrated inability to curb contraband markets paints a different picture.
  • The excise tax was initially proposed to discourage youth experimentation, though it will likely have the opposite effect.

Alithya Reports a Strong Fourth Quarter and Fiscal 2022

Retrieved on: 
Friday, June 17, 2022

"We are pleased to have registered another quarter of record revenues to end our 2022 fiscal year.

Key Points: 
  • "We are pleased to have registered another quarter of record revenues to end our 2022 fiscal year.
  • Our fiscal year was marked by notable growth in revenues and Adjusted EBITDA, both on a sequential basis, and year-over-year.
  • By joining forces with Datum, Alithya continues its steady penetration of the fast-growing InsurTech market.
  • On a sequential basis, revenues in Canada increased by $2.1 million, from $72.1 million for the third quarter of this year.

Alithya to acquire Datum, adding recurring SaaS revenues and growing global capabilities

Retrieved on: 
Wednesday, June 1, 2022

Datum employs over 150 professionals and supports its global clients from the United States, Europe, India and Australia.

Key Points: 
  • Datum employs over 150 professionals and supports its global clients from the United States, Europe, India and Australia.
  • "Datum is a great addition to Alithya, and I look forward to working with Amar Bukkasagaram and the Datum team.
  • Datum's domain expertise regarding insurance industry business processes fosters a trusted advisor relationship with clients to enable impactful digital transformations.
  • (1) Pro forma revenues also include R3D Conseil Inc. and Vitalyst LLC prior to their date of acquisition by Alithya.

Equinox Gold Publishes 2021 ESG Report and Launches New ESG Website Portal

Retrieved on: 
Wednesday, May 4, 2022

VANCOUVER, BC, May 4, 2022 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") has published its 2021 Environmental, Social and Governance ("ESG") Report and also launched a new ESG portal on its website.

Key Points: 
  • VANCOUVER, BC, May 4, 2022 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") has published its 2021 Environmental, Social and Governance ("ESG") Report and also launched a new ESG portal on its website.
  • The 2021 ESG Report and data tables summarizing the Company's performance against relevant Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) metrics are available for review and download on Equinox Gold's website at www.EquinoxGold.com .
  • Christian Milau, CEO of Equinox Gold, commented: "Equinox Gold's 2021 ESG Report summarizes our responsible mining commitments and management approach to key ESG issues, and outlines our strategy to achieve our objective of becoming an industry leader for responsible mining and sustainable development.
  • We have expanded our ESG disclosure significantly this year, providing quantitative data on our health and safety and environmental performance, energy consumption, GHG emissions and water usage.