AMREST LEASING SAS : revenue, balance sheet and financial ratios

In 2024, AMREST LEASING SAS achieves revenue of 5.0 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Vs 2023: +5%. After deducting consumption (0 €), gross margin stands at 5.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 25.5% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -403 k€ (-8.1% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -1741%. 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 -6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1698.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 534.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 98.8x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 840 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The gap of 825 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 834 days of revenue, i.e. 11.5 M€ to permanently finance. Over 2018-2024, WCR increased by +157%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of AMREST LEASING SAS is estimated at 5 945 394 € (range 1 750 442€ - 10 731 968€). With an EBITDA of 1 268 887€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.