ARISTOTE CHRISTOPHE CONSULTING : revenue, balance sheet and financial ratios

In 2023, ARISTOTE CHRISTOPHE CONSULTING achieves revenue of 33 k€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +14.9%. Significant drop of -12% vs 2022. After deducting consumption (16 k€), gross margin stands at 17 k€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2 k€, representing 6.0% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -63%, reducing margin by 8.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -288 € (-0.9% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -264455%. 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 93%. 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 13.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 127.51. 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 24.8x. 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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The company must finance 29 days of gap between collections and payments. Inventory turnover is 410 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-47 days): operations structurally generate cash. Over 2020-2023, WCR increased by +35%, requiring additional financing.

Based on 66 transactions of similar company sales in 2023, the value of ARISTOTE CHRISTOPHE CONSULTING is estimated at 12 720 € (range 4 277€ - 19 437€). With an EBITDA of 1 989€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.63x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.