M2M Group Reports 272-Fold Surge in H1 2026 Net Profit Driven by NAPS Growth

M2M Group has announced a remarkable turnaround in its financial performance for the first half of 2026, with figures that demonstrate substantial operational improvements across its business portfolio.

Revenue Growth Accelerates to 36%

The company's board of directors, convened on September 28, reviewed and approved the consolidated accounts for the period ending June 30. The results reveal consolidated revenue reaching 82.9 million dirhams, up from 60.7 million dirhams in the first half of 2025, representing growth exceeding 36%.

According to the company's statement, this performance was substantially driven by strong results from NAPS, the group's subsidiary, whose business activity expanded by 47% during the period under review.

Operating Profitability Quadruples

The transformation in operational efficiency is particularly striking. Consolidated operating income reached 10.6 million dirhams, compared to 2.5 million dirhams one year earlier, marking an impressive increase of 325%. The operating margin consequently expanded from 4.1% to 12.8%, demonstrating significantly improved cost management and pricing power.

Net Profit Jumps 272-Fold

The consolidated net profit stood at 8.8 million dirhams, compared to a profit of just 32,371 dirhams in the first half of 2025. This dramatic improvement underscores the group's successful strategic repositioning and operational excellence initiatives.

Parent Company Performance

In the standalone accounts, M2M Group generated revenue of 27.2 million dirhams, representing growth of 12.7%. Operating income improved to 6.1 million dirhams from 0.81 million dirhams, pushing the operating margin to 22.4% versus 3.4% in the prior year period.

The parent company also returned to profitability with a positive net result of 4.3 million dirhams, compared to a loss of 0.82 million dirhams at the end of June 2025, representing an improvement of nearly 5.1 million dirhams.