M2M stock: M2M Group reports profit recovery. What it means for M2M Group stock

Published on 10/22/2026 at 03:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

M2M Group revenue rose 36.50 percent to MAD 82.90 million in the first half of 2026. Net income reached MAD 8.80 million for M2M Group stock.

Profit recovery in the first half

M2M Group reported MAD 8.80 million in net income for the first half of 2026 on September 30, 2026.
Revenue reached MAD 82.90 million versus MAD 60.70 million in the first half of 2025.
Operating profit rose to MAD 10.60 million from MAD 2.50 million in the first half of 2026.

M2M, MA0000011678, Illustration mit AI erstellt.

M2M Group (ISIN MA0000011678) returned to profit in the first half of 2026, with consolidated revenue rising 36.50 percent to MAD 82.90 million. The results, published on September 30, 2026, show a sharp improvement in operating performance, according to Dirham Digest.

Profit returns with stronger operations

The earnings recovery was visible in the income statement. Consolidated net income reached MAD 8.80 million in the first half of 2026, while operating profit increased to MAD 10.60 million from MAD 2.50 million in the same period of 2025, as reported by Dirham Digest. The comparison matters because the improvement came primarily from operations rather than a one-off financial gain.

What changed in the first half?

M2M Group's consolidated revenue was MAD 82.90 million, compared with MAD 60.70 million a year earlier. The increase of MAD 22.20 million matches the reported 36.50 percent growth rate. NAPS was a central contributor, with activity rising 47.00 percent year over year, according to the same September 30, 2026 report.

The parent company also improved. Its revenue reached MAD 27.20 million, compared with MAD 24.00 million in the first half of 2025, while operating profit increased to MAD 6.10 million from MAD 0.80 million. This gives the group two operating signals to track: the expansion of payments through NAPS and the improvement in the core business.

Casablanca market context

M2M Group is listed on the Casablanca Stock Exchange and operates in electronic payments and electronic-government solutions, according to its investor-relations page. The latest published market figure placed the stock at MAD 398.50 on October 21, 2026, on the Casablanca market. The first-half figures leave revenue growth and operating conversion as the main measures for assessing whether the profit recovery can continue.