sur M2I (EPA:ALMII)
M2i - Strengthening profitability in 2023
The company M2i, active in the IT and management training sector, announces a significant improvement in its financial results for the year 2023. Turnover reached 58.71 million euros, marking organic growth of 5%. This progression is supported by a strong increase in EBITDA, which amounts to 4.57 million euros, an increase of 84.2%.
The operating profit also shows a notable increase of 46.2% to 2.67 million euros. After adjusting for financial and exceptional items, net profit before tax showed growth of 18.9% to reach 2.54 million euros. The company's final net profit is 2.32 million euros, an increase of 12.9% compared to the previous year.
M2i closes 2023 with a comfortable cash position of 8.8 million euros. This financial performance reflects the solidity of the company's business model and its skills in maintaining growth dynamics in a volatile market context.
R. E.
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