Casablanca Stock Exchange, Technology

M2M Group

Moroccan electronic transaction and payment solutions group, with its subsidiary NAPS.

At a glance

M2M Group designs security solutions for electronic transactions. Its subsidiary NAPS provides electronic payment services.

History

M2M Group was founded in 2002. It develops secure electronic transaction processing software for banks and financial institutions. It has been listed on the Casablanca Stock Exchange since 2007.

Latest published results

In the first half of 2026, consolidated revenue rose about 36% to MAD 82.9 million, driven by NAPS (+47%). Operating income rose from MAD 2.5 million to MAD 10.6 million and net income reached MAD 8.8 million.

What to watch

NAPS’s growth and keeping the operating margin, up from 4.1% to 12.8%.

Key dates

  1. 2002

    Company founded.

  2. 2007

    First listing on the Casablanca Stock Exchange.

  3. 2026

    Payment subsidiary NAPS grows 47% in the first half.

Sources: Boursenews, M2M Group : résultats du premier semestre 2026, September 30, 2026; African Markets, fiche société M2M Group, October 29, 2026.

Profile updated on October 29, 2026.

General information only. Nothing on this site constitutes investment advice or a recommendation to buy or sell.