AMP INVESTISSEMENT : revenue, balance sheet and financial ratios

In 2025, AMP INVESTISSEMENT achieves revenue of 286 k€. Over the period 2018-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +6.2%. Significant drop of -52% vs 2024. After deducting consumption (10 k€), gross margin stands at 276 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 121 k€, representing 42.2% of revenue. Positive scissor effect: EBITDA margin improves by +24.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 57 k€, i.e. 19.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 795%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 20.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 323.40. 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 33.2x. 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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 503 days. Excellent situation: suppliers finance 500 days of the operating cycle (retail model). Inventory turnover is 955 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1113 days of revenue, i.e. 884 k€ to permanently finance. Over 2018-2025, WCR increased by +1334%, requiring additional financing.

Based on 117 transactions of similar company sales in 2025, the value of AMP INVESTISSEMENT is estimated at 292 883 € (range 156 911€ - 780 143€). With an EBITDA of 120 542€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.92x (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.