ARCUS FRANCE : revenue, balance sheet and financial ratios

In 2024, ARCUS FRANCE achieves revenue of 57.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.8%. Slight decline of -6% vs 2023. After deducting consumption (41.8 M€), gross margin stands at 15.6 M€, i.e. a rate of 27%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 1.9% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -58%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 51.0 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 248.44. 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 18.8x. 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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The company must finance 11 days of gap between collections and payments. Inventory turnover is 88 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 113 days of revenue, i.e. 18.0 M€ to permanently finance. Over 2016-2024, WCR increased by +62%, requiring additional financing.

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 2 506 865€ to 6 939 335€ is provided for information purposes only and requires in-depth analysis to be confirmed.