M2i-2021 Operating profit as of now is + 34.3% higher than in 2019 (+ 143.4% compared to 2020)

M2i

Current operating profit in 2021 is + 34.3% higher than in 2019 (+ 143.4% compared to 2020)

Solid outlook for growth and profitability

12 months
Integrated and audited data at M € 2019 2020 2021 2021 vs. 2019 2021 vs. 2020
turn over 45.91 36.62 47.35 3.10% 29.30%
% Gross Profit / Sales 40.00% 40.50% 44.60% +4.6 points +4.1 points
Current operating profit 1.52 0.84 2.04 34.30% 143.40%
% ROC / Sales 3.30% 2.30% 4.30% +1 point +2 points
Bill the IFRS Action Manager -0.13 -0.29 -0.75
Operating income 1.03 0.22 1.22 18.10% 457.50%
% OR / CA 2.20% 0.60% 2.60% + 0.3pt +2 points
Conclusion -0.22 -0.32 -0.38 74.70% 19.50%
Pre-tax results 0.82 -0.1 0.84
Net income 0.49 -0.08 0.5
Net income excluding manager shares 0.62 0.21 1.26 102.90% 498.40%

Activities that exceed record highs before the crisis

During fiscal year 2021, the M2i Group exceeded pre-health crisis activity levels, with sales increasing by + 29.3% compared to 2020 and + 3.1% compared to 2019, reaching € 47.35 million.

Significant increase in current operating profit

With this growth, operating profit has improved further, with current operating profit reaching € 2.04 million, an increase of + 143.4% compared to 2020 and + 34.3% compared to 2019.

Fiscal Year 2021 therefore combines, on the one hand, the relevance of the Group’s business model with enhanced cost control, and on the other hand, of all technical and educational solutions that allow distance tracking. It reflects success. Face 2400 IT, Digital, and Management training courses. Sales achieved in remote mode accounted for more than 50% of annual sales.

Business performance is part of the same dynamics, with + 18.1% growth compared to 2019 (+ 457.5% compared to 2020).

Net financial costs remained at a restrained level, dropping from -320,000 euros in 2020 to -380,000 euros in 2021.

Finally, given the € 750,000 theoretical accounting cost associated with the IFRS Standards for free stock allocated to managers, net income is -0.8 million euros in 2020 and 490,000 euros in 2019. It will be 500,000 euros.

Without these IFRS costs, net income reached € 1.26 million, an increase of + 102.9% compared to 2019 (+ 498.4% compared to 2020).

As of December 31, 2021, the Group’s cash amounted to € 10.2 million.

Steady organic growth and profitability outlook

The Group expects dynamic continuation of internal growth and continuous improvement of results over the next few years.

Change from IFRS accounting standards to French accounting standards

The M2i Group has decided to change its accounting framework from IFRS to GAAP in France.er January 2022, therefore follow the same approach as the Prologue Group.

Next post

1 saleser The 2022 quarter, at the latest May 15, 2022.

About M2i

M2i is a leading IT, digital, and management training player with over 2,400 training programs offered in face-to-face, e-learning, blended learning, virtual classes, and COOC, with unique certification courses for 4,200 customers. And offers graduates. It also has the largest network of distributors with 35 centers throughout France.

M2i is listed in Euronext Growth (FR0013270626 ALMII).

Number of shares: 5,036,485

Contact: [email protected]

Published, April 29, 2022


This publication has services “🔒 Actus news Security master “.
– – Security master key: mmtvlpeaaJrJmG6dlphtmpRkm2tlx2nGZmadk5Nqk56VmZ6VnGeXnMebZnBlmGlv
– To verify this key: https://www.security-master-key.com.


Regulatory information:

Inside information:
– Account, press release on results


Complete original press release in PDF format: https://www.actusnews.com/news/74349-m2i-resultat-o ​​perationnel-courant-2021-en-raise-de-343-par-rapport-a-2019.pdf


© Copyright ActusnewsWire
Receive your company’s next press release for free by email by subscribing to
www.actusnews.com https: //www.actusnews.com/documents_communiques/ACTUS-0-74349-m2i-resultat-operationnel-courant-2021-en-hausse-de-343-par-rapport-a-2019 .pdf

Easy to print, PDF and email