M2M recorded remarkable growth during the first nine months of 2024, driven by its core business and the rapid expansion of its payment solutions subsidiary, NAPS.
The group’s consolidated revenue reached 69 million dirhams by September 2024, reflecting a significant 50 percent increase compared to the same period in 2023. This impressive performance was fueled by the success of m2mgroup and NAPS, which specializes in payment solutions such as issuing and acquiring.
Investments during this period focused on strengthening IT infrastructure and operational tools, aligning with the group’s strategy to enhance efficiency while maintaining prudent financial management. Notably, M2M achieved these results without taking on additional debt, maintaining a solid financial position to support future projects.
The group’s stability in its consolidation perimeter reflects strong structural and organizational fundamentals. With a continued focus on innovation and market growth, M2M is well-positioned to sustain its upward trajectory in the months ahead.
