2M ENERGIE : revenue, balance sheet and financial ratios

In 2024, 2M ENERGIE achieves revenue of 1.1 M€. Revenue is growing positively over 4 years (CAGR: +3.9%). Significant drop of -57% vs 2023. After deducting consumption (355 k€), gross margin stands at 789 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -71 k€, representing -6.2% of revenue. Warning negative scissor effect: despite revenue change (-57%), EBITDA varies by -122%, reducing margin by 18.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -100 k€ (-8.8% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 14%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory.

The liquidity ratio (= Current assets / Current liabilities) stands at 147.61. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 108 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The gap of 45 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 26 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 71 days of revenue, i.e. 227 k€ to permanently finance. Notable WCR improvement over the period (-72%), freeing up cash.

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 150 922€ to 467 555€ is provided for information purposes only and requires in-depth analysis to be confirmed.