Microdata: Net result of 45.6 MDH in 2021

Down 28.9% compared to 2020, Microdata’s net income stood at 45.6 million dirhams (MDH) for the past financial year.

The 2021 operating result recorded a decline of -23.2% compared to 2020, to reach 76.7 million dirhams, Microdata said, noting that the financial result fell, for its part, by 2.3 million dirhams with a decline in foreign exchange results as the main contributor.

As of December 31, 2021, Microdata achieved a turnover of 563.6 MDH, down -17% compared to 2020, “in a difficult Covid-19 period, during which the postponement or delay was observed new projects with a certain number of clients”, specifies the same source.

In addition, the press release indicates that the Board of Directors has decided to propose to the next Ordinary General Meeting the distribution of a dividend of 27 dirhams per share.

It should be noted that Microdata is still not consolidating its “DGSM” subsidiary due, the company explains, to the insignificant nature of its main financial indicators, noting, in this sense, that as of December 31, 2021, DGSM’s net income weighs less than 2.5% of Microdata’s annual net income.

M.B.

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