ACCELERATION OF OPERATIONAL PROFITABILITY
29% INCREASE IN OPERATING INCOME IN 1
RE
SEMESTER 2022
GOOD PROSPECTS FOR GROWTH AND PROFITABILITY
|
Audited data in M€ – French standards |
H1 2021 |
H1 2022 |
2021 vs. 2022 |
|
Turnover |
22.76 |
26.16 |
0.149 |
|
Operating result |
0.75 |
0.97 |
29.40% |
Bottom line | -0.07 | -0.05 | |
exceptional result | 0 | 0.15 | |
|
result before taxes |
0.67 |
1.07 |
58.90% |
Income tax | -0.03 | -0.09 | |
Share of income accounted for using the equity method | 0.01 | -0.02 | |
|
Net profit |
0.64 |
0.95 |
48.10% |
ORGANIC REVENUE GROWTH OF +14.9% IN H1 2022
During the 1st half of 2022, the M2i group recorded revenue of €26.2 million, up +14.9% compared to the same period in 2021, thus exceeding its all-time highs. This performance once again reflects the success of its 2,400 IT, Digital and Management training courses available face-to-face and remotely.
+29% INCREASE IN OPERATING RESULT
This sustained level of growth was accompanied by an acceleration of its operating profitability. Operating income was thus up in 1
er
half of 2022 by +29.4% compared to the first
er
half of 2021, to reach €0.97 million.
After taking into account a stable financial result at -0.05 M€ and an exceptional result of + 0.15 M€, the pre-tax result stands at 1
er
half of 2022 at €1.07 million, up +58.9% compared to the first
er
semester 2021.
Net income for the period amounted to €0.95 million, up +48.1%.
As of June 30, 2022, the group had cash of €10.7 million.
GOOD PROSPECTS FOR GROWTH AND PROFITABILITY
A major player in the buoyant professional training market in the fields of IT, Digital and Management, M2i anticipates continued growth and profitability over the coming years.
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The turnover of 3
th
quarter of 2022, November 15, 2022 at the latest (after market).
About M2i
A key player in IT, Digital and Management training with more than 2,400 training programs offered in face-to-face, e-Learning, blended-learning, virtual class and COOC, M2i provides its 4,200 customers with its own certification courses and graduates as well as the largest network of agencies with 35 centers spread throughout France.
M2i is listed on Euronext Growth (FR0013270626 ALMII).
Number of shares: 5,125,985
Publication date: September 30, 2022
M2i Group contact: Cristina Mauriz – Email: [email protected]
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Inside information:
– Press release on accounts, results
Full and original press release in PDF format:
https://www.actusnews.com/news/76492-m2i-acceleration-de-la-rentabilite-operationnelle-au-s1-2022.pdf
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