The first quarter of 2025 didn’t begin with the momentum SRA had hoped for. According to Roy, the company faced a slower-than-expected start—largely due to the impact of tariffs that weighed down early performance. However, he was quick to note that the team is optimistic about the months ahead.

“It was a softer start than we anticipated,” Roy acknowledged, “but we’ve been through cycles like this before. It’s all about how we respond—and we’re already seeing signs of a strong Q2.” 

Q1 was Slow! 

Roy explained that while government clients ended their fiscal year on par with forecasts, the banking sector adopted a more cautious stance, preferring to wait for clarity on U.S. policy direction. This decision to pause had a ripple effect on project movement.

“Banks are holding off. They want to see what the U.S. administration lays out in terms of strategy,” Roy said. “That’s fair—and we expect that to settle by April or May.” 

Doubling the Speed of Business with AI 

Where Q1 lacked in pace, it made up for in transformation. One of the most exciting developments within SRA was the rollout of AI tools across multiple departments, including RFPs, recruiting, marketing, sourcing, and accounting. 

“We’re not just testing AI—we’re integrating it deeply,” Roy emphasized. “The goal is to double our speed of business by the end of the year. Every process is being re-engineered with that in mind.” 

This move is not just about efficiency; it’s about future-proofing the organization for the evolving dynamics of the staffing industry. 

India and Canada: Dual Engines of Growth 

SRA’s global operations are a key part of its growth strategy. Roy shared that the company’s new office in India is now fully staffed and already creating a noticeable impact on delivery and turnaround times. Meanwhile, the Canadian market is emerging as a major growth opportunity, especially as inter-provincial trade barriers continue to ease. 

“India gives us scale. Canada gives us opportunity,” Roy said. “Together, they’re powering our future.” 

SRA closed 2024 at $65 million in revenue, and the target for 2026 is a bold $100 million. According to Roy, the roadmap is clear—and the building blocks are in place. 

Strategic Acquisitions on the Horizon 

Looking ahead, Roy confirmed that M&A activity is on SRA’s radar. The leadership team is expecting two to three strategic opportunities in the staffing and consulting space over the next 24 months. 

“We’re ready to move when the right deals come up,” he said. “We’re looking for partners that align with our values and our long-term vision.” 

Supporting Clients Through Challenging Times 

Roy also took a moment to express empathy and solidarity with clients in the education sector, many of whom are currently navigating difficult financial terrain. He reaffirmed SRA’s commitment to being a reliable partner through thick and thin.

“We know it’s a tough time for some of you. You’ve trusted us over the years, and now it’s our turn to support you—delivering quality at speed, and at the best cost possible,” he said. 

Eyes on Q2—and Beyond 

As SRA enters the second quarter of the year, Roy conveyed a strong sense of confidence and unity. 

“We’re ready. The tools are in place, the teams are aligned, and the energy is there,” he said. “Q2 is where we bounce back—and I truly believe this will be a defining year for us.”