11/11/2021

speaker
Julie
Conference Operator

Good morning, ladies and gentlemen. Welcome to the Aletheia's Second Quarter Fiscal 2022 Results Conference Call. I would now like to turn the meeting over to Rachel Andrews, Vice President, Communications and Marketing at Aletheia. Please go ahead, Ms. Andrews.

speaker
Rachel Andrews
Vice President, Communications and Marketing

Thank you, Julie. Good morning, everyone, and thank you for joining us for Aletheia's Second Quarter Fiscal 2022 Results Conference Call. The press release and MD&A were issued with complete financial statements earlier today and posted on our website. The webcast presentation can also be found on our website in the investors section. Presenting this morning are Paul Raymond, Alethea's President and Chief Executive Officer, Claude Thibault, Chief Financial Officer, and Claude Rousseau, Chief Operating Officer. Before we begin, I would like to specify that this call is intended for the financial community. Also, please be advised that this call will contain statements that are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. Please refer to the cautionary note on our presentation and to the forward-looking statements and risk and uncertainties section of our MD&A available on our website for more details. Let me remind you that all figures expressed on today's call are in Canadian dollars, unless otherwise stated, and please be aware that we will refer to certain indicators that are non-IFRS measures. Please refer to the cautionary note in our presentation and to the non-IFRS measures section of our MD&A for more details. Now, I would like to turn the call over to Paul Raymond.

speaker
Paul Raymond
President and Chief Executive Officer

Thank you, Rachel, and good morning, everyone. Bonjour. Before we begin our call today, I'd like to take a moment to acknowledge that today is Remembrance Day. And many countries are Veterans Day in the U.S. This is a day where we remember the Armistice Day of 1918. And as a veteran myself, I believe it's important to underline and remember the sacrifices of those who fought for our freedom. So please make sure to take a pause at 11 a.m. this morning. And thank you for indulging me on this before we start. Now on the business side, I'm thrilled to announce another record quarter in terms of organic growth and gross margins for the company. This second quarter for fiscal 2022 performance occurred during what is normally our softer seasonal period or the summer. We are therefore very encouraged by the early indicators of a broad post-pandemic recovery in our operations and digital transformation acceleration. We continue to focus on our 2024 strategic objectives. So this morning, I'd like to further delve into some items that our senior leaders shared with you during our investor day this past September. For those who did not have the chance to attend, I would like to point out that the recordings of our investor day are available on our website in the investor section. And I invite you to take a look at the valuable content focusing mainly on our operations. You can also hear some of our clients discussing how we are adding value to their business. Now let's take a look at three key highlights for our second quarter performance on slide two. First and foremost, we experience another quarter of industry-leading organic growth across all our geographies, further confirming our long-term strategy and our discipline. We are reporting growth for the fourth consecutive quarter and solid numbers for the second quarter of this fiscal year. To highlight that organic growth, Claude Thibault, our CFO, will present performance indicators, both including and excluding revenues from our latest acquisition. Second, speaking of our last acquisition, We are on track with the integration. R3D's highly complementary operations are seamlessly integrating into Aledia's current structure, allowing for both short and mid-term synergies. Additionally, new transformation projects with long-term clients, Bénévoine Québécois, continue to roll out, further contributing to the strength of our overall performance. Claude Rousseau, our COO, will give you more color on our operations very shortly. And finally, our recruitment efforts are going very well as demonstrated by our strong organic growth. We would not have been able to deliver these record revenues during our normally slowest quarter of the year without the dedication of our existing and hundreds of new professionals who joined us during the past six months. On Investor Day, I spoke about the Aletheia Leadership Academy geared towards our managers. as well as the other onboarding and continuing education platforms that help us to welcome and train all our team members. Today, I'm pleased to announce the expansion of our Associate Academy. New graduates joining Aletheia in our Microsoft and more recently Oracle practices take part in an extensive onboarding program to launch their careers and prepare them to add value to the company and our clients. The Associate Academy is focused on recruiting graduating students from multiple academic backgrounds, and once hired at Aletheia, the recruits are assigned to one of three technology practice areas, finance and operations, human capital management and planning, profitability and analysis. We promote these training and recruitment initiatives in colleges and universities throughout North America, and we are setting the stage for our future quarters by attracting the best of the best to join our ranks. Now over to Claude Sibyl to provide more details on our financial results. Claude?

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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