MIC stock holds steady as Microdata results frame outlook

Published on 09/01/2026 at 22:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MIC stock from Moroccan IT services group Microdata is trading steadily while investors weigh the latest annual figures and the niche role the company plays in local digitalization projects.

MIC, MA0000012171, Illustration mit AI erstellt.

Microdata (ISIN MA0000012171), listed in Casablanca under the MIC ticker, sees its MIC stock trading in a narrow range as of September 1, 2026, with investors looking back at the most recently reported full-year figures to gauge the company’s earnings power and growth profile.

Recent results set the earnings frame

According to data compiled by regional stock portals as of the last reported fiscal year 2024, Microdata generated revenue in the low hundreds of millions of Moroccan dirhams, with management highlighting IT infrastructure and services as the main drivers of sales in Morocco’s corporate and public-sector markets.

The same overview shows that operating profit for fiscal year 2024 improved compared with the historical fiscal year 2023, as higher-margin services made up a larger portion of the mix and helped lift profitability at the Casablanca-based group.

Market valuation and trading context

On September 1, 2026, MIC stock is changing hands on the Casablanca Stock Exchange at a mid-cap valuation, with a market capitalization in the low hundreds of millions of Moroccan dirhams based on recent price data from local quotation pages.

Investors also track the historical comparison: in fiscal year 2023, Microdata’s revenue had stood noticeably lower than in 2024, underscoring a multi-year expansion in demand for systems integration, maintenance and outsourcing services in Morocco’s IT landscape.

Go deeper

More on Microdata fundamentals

For a broader view of MIC stock and the latest detailed figures, investors can consult the issuer overview and official documents available via the thematic page for the ISIN MA0000012171.

All news on Microdata Investor Relations

IT projects with Moroccan clients

Microdata’s core business revolves around designing and delivering IT infrastructure, integration and support projects for banks, telecom providers and public entities in Morocco, often under multi-year contracts that provide recurring service revenue.

In project descriptions on its corporate site, the group points to turnkey data center solutions, network modernization and managed services as representative offerings, positioning itself as a local partner for enterprises and authorities that want to upgrade their digital capabilities without relying solely on global providers.

MIC stock and investor perspective

With MIC stock trading on the Casablanca market as of September 1, 2026, the share price reflects a balance between Microdata’s demonstrated revenue and profit growth over recent fiscal years and the relatively concentrated domestic exposure of the business model.