M2i: nearly 1 ME of profits in the 1st half











Photo credit © Reuters


(Boursier.com) — During the first half of 2022, the group M2i recorded revenue of €26.2 million, up +14.9% compared to the same period in 2021, 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.

Operating income is thus up in the 1st half of 2022 by +29.4% compared to the 1st half of 2021, to reach 0.97 ME.

After taking into account a stable financial result at -0.05 ME and an exceptional result of +0.15 ME, the pre-tax result for the 1st half of 2022 came to 1.07 ME, up +58.9 % compared to the 1st half of 2021.
Net profit for the period amounted to 0.95 ME, up +48.1%.

As of June 30, 2022, the group had cash of €10.7 million.

M2i anticipates continued growth and profitability over the coming years.


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