EUROFINS TOXICOLOGICAL AND REGULATORY EXPERTISE C&PC FRANCE : revenue, balance sheet and financial ratios

In 2024, EUROFINS TOXICOLOGICAL AND REGULATORY EXPERTISE C&PC FRANCE achieves revenue of 704 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.7%. Vs 2023: +9%. After deducting consumption (0 €), gross margin stands at 704 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 54 k€, representing 7.7% of revenue. Positive scissor effect: EBITDA margin improves by +43.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at -103%. 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 -106%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 156.61. 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 39.6x. 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. The company must finance 20 days of gap between collections and payments. Overall, WCR represents 25 days of revenue, i.e. 49 k€ to permanently finance.

Indicative estimate only : the number of comparable transactions in this sector is limited (41 transactions). This range of 37 067€ to 304 315€ is provided for information purposes only and requires in-depth analysis to be confirmed.