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M2i: 2024 results down due to economic conditions

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M2i announced a 17% drop in its EBITDA for 2024, reaching €3.79 million, while revenue fell 4.4% to €56.12 million. Net income also fell 9.4% to €2.10 million. These declines come against a backdrop of a challenging economic climate, exacerbated by reduced government funding. Despite this, operating income remained stable at €2.69 million thanks to improved margins. In 2025, the first quarterly results show a 20.2% drop in revenue to €10.35 million.

Looking ahead, M2i does not foresee an immediate recovery but remains confident in its medium and long-term growth potential by mobilizing cash of €9.2 million.

R. E.

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