HPS stock: HPS reports MAD 761 million revenue. What it means for HPS stock

Published on 10/22/2026 at 03:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HPS posted MAD 761 million in first-half 2026, up 13.10 percent. For HPS stock this means a 16.00 percent margin and MAD 3.70 million cash flow.

SaaS strategy meets margin discipline

On October 20, 2026, HPS executive Brahim Berrada discussed SaaS and artificial intelligence growth.
First-half 2026 operating revenue was MAD 761.0 million, up 13.10 percent.
The EBITDA margin reached 16.00 percent in the first half of 2026.
HPS had a MAD 3.84 billion market capitalization as of October 20, 2026.

HPS, payment technology, SaaS, half-year results, Casablanca Stock Exchange, Illustration mit AI erstellt.

HPS is extending its payments strategy toward SaaS and artificial intelligence as first-half 2026 operating revenue reached MAD 761.0 million, up 13.10 percent year over year. In an interview published on October 20, 2026, TelQuel reported that HPS executive Brahim Berrada identified SaaS as a key growth lever and discussed the group's expansion plans.

What does the margin mean?

The operating improvement is substantial but cash conversion is the sharper investor test. According to MarocBoursier on September 28, 2026, EBITDA rose 74.70 percent to MAD 122.0 million and the EBITDA margin reached 16.00 percent, compared with 10.40 percent in the first half of 2025.

The same report said net income attributable to the group returned to MAD 35.0 million from a loss of MAD 47.0 million. Operating cash flow was only MAD 3.70 million, leaving a clear gap between accounting profit and cash generation.

Three dated HPS developments

On September 23, 2026, HPS's board approved the first-half accounts, covering revenue of MAD 761.0 million and EBITDA of MAD 122.0 million, according to MarocBoursier. On September 28, 2026, the financial review highlighted the 16.00 percent margin and MAD 3.70 million operating cash flow. On October 20, 2026, TelQuel published the second part of its interview with Berrada on SaaS and artificial intelligence.

Dates investors can track

Investing.com lists November 27, 2026 as HPS's next earnings date. The date gives investors a scheduled checkpoint for judging whether the second half is converting the first-half growth into stronger cash flow.

Market value and business scale

HPS had a MAD 3.84 billion market capitalization as of October 20, 2026, while the quoted 52-week range was MAD 481.00 to MAD 679.90. The figures place the operating update beside a valuation that still depends on delivery beyond the first-half rebound.

HPS provides payment software and processing solutions through its PowerCARD platform. The company says the platform is used by more than 500 institutions in over 100 countries, linking the current SaaS discussion to an established international customer base.