ADVANCED ACCELERATOR APPLICATIONS : revenue, balance sheet and financial ratios

ADVANCED ACCELERATOR APPLICATIONS is a French company founded 24 years ago, specialized in the sector Fabrication de préparations pharmaceutiques. Based in RUEIL-MALMAISON (92500), this company of category GE shows in 2024 a revenue of 188.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ADVANCED ACCELERATOR APPLICATIONS (SIREN 441417110)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 188 542 560 € 125 396 776 € 76 429 669 € 80 534 644 € 69 889 745 € 65 215 639 € 55 046 758 € 47 491 594 € 41 126 686 €
Net income 117 151 814 € 39 950 112 € 33 027 137 € 43 843 421 € 12 092 256 € 47 806 197 € 25 593 138 € -20 618 378 € 9 218 472 €
EBITDA -81 323 910 € 13 600 409 € -5 441 361 € 615 303 € -219 534 € -5 902 029 € 33 797 319 € -2 718 256 € 5 122 285 €
Net margin 62.1% 31.9% 43.2% 54.4% 17.3% 73.3% 46.5% -43.4% 22.4%

Revenue and income statement

In 2024, ADVANCED ACCELERATOR APPLICATIONS achieves revenue of 188.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.0%. Vs 2023, growth of +50% (125.4 M€ -> 188.5 M€). After deducting consumption (125.5 M€), gross margin stands at 63.0 M€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -81.3 M€, representing -43.1% of revenue. Warning negative scissor effect: despite revenue change (+50%), EBITDA varies by -698%, reducing margin by 54.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 117.2 M€, i.e. 62.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

188 542 560 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

63 046 738 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-81 323 910 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

74 014 494 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

117 151 814 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-43.1%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 74%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.362%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

73.886%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-9.006%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-1.492

Solvency indicators evolution
ADVANCED ACCELERATOR APPLICATIONS

Sector positioning

Debt ratio
4.36 2024
2022
2023
2024
Q1: 0.0
Med: 5.92
Q3: 43.75
Good +18 pts over 3 years

In 2024, the debt ratio of ADVANCED ACCELERATOR APPL... (4.36) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
73.89% 2024
2022
2023
2024
Q1: 28.05%
Med: 51.52%
Q3: 72.2%
Excellent -9 pts over 3 years

In 2024, the financial autonomy of ADVANCED ACCELERATOR APPL... (73.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-1.49 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 1.74 years
Excellent

In 2024, the repayment capacity of ADVANCED ACCELERATOR APPL... (-1.49) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 294.22. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

294.222

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-1.427

Liquidity indicators evolution
ADVANCED ACCELERATOR APPLICATIONS

Sector positioning

Liquidity ratio
294.22 2024
2022
2023
2024
Q1: 120.09
Med: 209.86
Q3: 363.93
Good -11 pts over 3 years

In 2024, the liquidity ratio of ADVANCED ACCELERATOR APPL... (294.22) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-1.43x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.78x
Q3: 10.15x
Watch

In 2024, the interest coverage of ADVANCED ACCELERATOR APPL... (-1.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 240 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 131 days. The gap of 109 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 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 838 days of revenue, i.e. 438.9 M€ to permanently finance. Over 2016-2024, WCR increased by +1813%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

438 893 142 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

240 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

131 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

1 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

838 j

WCR and payment terms evolution
ADVANCED ACCELERATOR APPLICATIONS

Positioning of ADVANCED ACCELERATOR APPLICATIONS in its sector

Comparison with sector Fabrication de préparations pharmaceutiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 23 374 043€ to 71 842 672€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
23374k€ 52771k€ 71842k€
52 771 797 € Range: 23 374 043€ - 71 842 672€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 27 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de préparations pharmaceutiques)

Compare ADVANCED ACCELERATOR APPLICATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de préparations pharmaceutiques

Frequently asked questions about ADVANCED ACCELERATOR APPLICATIONS

What is the revenue of ADVANCED ACCELERATOR APPLICATIONS ?

The revenue of ADVANCED ACCELERATOR APPLICATIONS in 2024 is 188.5 M€.

Is ADVANCED ACCELERATOR APPLICATIONS profitable?

Yes, ADVANCED ACCELERATOR APPLICATIONS generated a net profit of 117.2 M€ in 2024.

Where is the headquarters of ADVANCED ACCELERATOR APPLICATIONS ?

The headquarters of ADVANCED ACCELERATOR APPLICATIONS is located in RUEIL-MALMAISON (92500), in the department Hauts-de-Seine.

Where to find the tax return of ADVANCED ACCELERATOR APPLICATIONS ?

The tax return of ADVANCED ACCELERATOR APPLICATIONS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does ADVANCED ACCELERATOR APPLICATIONS operate?

ADVANCED ACCELERATOR APPLICATIONS operates in the sector Fabrication de préparations pharmaceutiques (NAF code 21.20Z). See the 'Sector positioning' section above to compare the company with its competitors.