Microdata had a good year in 2025, with revenue and profit both moving higher as the IT services company came close to generating MAD 1bn in annual sales.
Revenue rose to MAD 979.4m, up from MAD 900.4m in 2024. Most of that came from the company’s core business of selling IT equipment and solutions.
Operating profit increased to MAD 106.8m from MAD 96.5m a year earlier. Net profit also grew, reaching MAD 69.5m compared with MAD 67.8m in 2024.
But the company’s financial statements show that growth came with a higher funding bill.
Money owed by customers rose sharply to nearly MAD 421m at the end of 2025, up from MAD 264.5m a year earlier. At the same time, Microdata’s debt to suppliers increased to MAD 155.5m from MAD 82.2m.
To support its day to day operations, the company more than doubled its use of short term bank loans, which rose from MAD 140m to MAD 310m over the year.
That pushed finance costs up to MAD 18.9m, compared with MAD 10.8m in 2024. Higher interest payments and foreign exchange losses weighed on results, leaving the company with a financial loss of MAD 10.7m.
Even so, Microdata ended the year with more cash on hand. Available cash rose to MAD 192.3m, up from MAD 117.6m a year earlier.
In their report, auditors said the main areas requiring attention were customer receivables and inventory valuation. They nevertheless concluded that the financial statements give “a true and fair view of Microdata’s financial position as of 31 December 2025”.
