New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م421.9m market cap, or US$45.8m). お知らせ • May 05
Société Maghrébine de Monétique, Annual General Meeting, Jun 04, 2026 Société Maghrébine de Monétique, Annual General Meeting, Jun 04, 2026. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م427.1m market cap, or US$45.6m). Reported Earnings • Apr 06
Full year 2025 earnings released Full year 2025 results: Revenue: د.م367.0m (up 17% from FY 2024). Net income: د.م32.6m (up 11% from FY 2024). Profit margin: 8.9% (down from 9.4% in FY 2024). New Risk • Mar 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م430.4m market cap, or US$46.7m). Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to د.م785, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 31x in the Software industry globally. Total returns to shareholders of 272% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to د.م702, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 32x in the Software industry globally. Total returns to shareholders of 279% over the past three years. New Risk • Jun 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Moroccan stocks, typically moving 8.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.1% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (د.م449.1m market cap, or US$49.2m). お知らせ • May 22
Société Maghrébine de Monétique, Annual General Meeting, Jun 20, 2025 Société Maghrébine de Monétique, Annual General Meeting, Jun 20, 2025. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to د.م493, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 28x in the Software industry globally. Total returns to shareholders of 160% over the past three years. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Moroccan stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Market cap is less than US$100m (د.م365.4m market cap, or US$38.2m). Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to د.م499, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 29x in the Software industry globally. Total returns to shareholders of 153% over the past three years. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (د.م195.7m market cap, or US$19.4m). Reported Earnings • Oct 04
First half 2024 earnings released First half 2024 results: Revenue: د.م148.2m (up 14% from 1H 2023). Net income: د.م6.67m (up 29% from 1H 2023). Profit margin: 4.5% (up from 4.0% in 1H 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to د.م236, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 30x in the Software industry globally. Total returns to shareholders of 5.5% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to د.م160, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 32x in the Software industry globally. Total loss to shareholders of 25% over the past three years. Reported Earnings • May 05
Full year 2023 earnings released Full year 2023 results: Revenue: د.م280.8m (flat on FY 2022). Net income: د.م21.6m (up 6.0% from FY 2022). Profit margin: 7.7% (up from 7.3% in FY 2022). New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (د.م133.2m market cap, or US$13.1m). Is New 90 Day High Low • Jan 23
New 90-day high: د.م175 The company is up 9.0% from its price of د.م160 on 22 October 2020. The Moroccan market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 65% over the same period. Is New 90 Day High Low • Oct 23
New 90-day low: د.م160 The company is down 9.0% from its price of د.م177 on 24 July 2020. The Moroccan market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 35% over the same period. お知らせ • Jul 22
SA MEDTECH made an offer to acquire an additional 52.9% in Société Maghrébine de Monétique (CBSE:S2M) for MAD 68.8 million. SA MEDTECH made an offer to acquire an additional 52.9% in Société Maghrébine de Monétique (CBSE:S2M) for MAD 68.8 million on July 17, 2020. As per terms, 0.43 million shares will be acquired at MAD 160 per share. On the date of announcement, SA MEDTECH holds 39.6% stake in Société Maghrébine de Monétique. Millennium Ventures SARL, which controls SA MEDTECH also holds 7.4% stake in Société Maghrébine de Monétique. Minister of Economy and Finance has not expressed any objection on the takeover bid project. The final schedule of the operation must be approved beforehand by the Casablanca Stock Exchange.