SIREN : 805215530
ARMAMA is a French company founded 11 years ago, specialized in the sector Supports juridiques de programmes. Based in MONTPELLIER (34070), this company of category ETI shows in 2022 a revenue of 117 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 116 988 € | 48 049 € | 65 876 € | 24 989 € | 22 055 € | 18 820 € |
| Net income | -238 116 € | -60 704 € | -68 598 € | -64 771 € | -30 838 € | -11 540 € |
| EBITDA | 50 960 € | 18 190 € | 28 627 € | 325 € | 2 933 € | 4 473 € |
| Net margin | -203.5% | -126.3% | -104.1% | -259.2% | -139.8% | -61.3% |
In 2022, ARMAMA achieves revenue of 117 k€. Over the period 2016-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +35.6%. Vs 2021, growth of +143% (48 k€ -> 117 k€). After deducting consumption (0 €), gross margin stands at 117 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 51 k€, representing 43.6% of revenue. Positive scissor effect: EBITDA margin improves by +5.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -238 k€ (-203.5% of revenue), which will impact equity.
116 988 €
116 988 €
50 960 €
-149 640 €
-238 116 €
43.6%
The debt ratio (= Financial debt / Equity x 100) stands at -2046%. 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 -5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-2046.011%
-5.077%
-31.359%
-131.963
90.8%
In 2022, the debt ratio of ARMAMA (-2046.01) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2022, the financial autonomy of ARMAMA (-5.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of ARMAMA (-131.96) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 778.50. 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 172.3x. Operating income very largely covers interest expenses: high safety margin.
778.502
172.294
In 2022, the liquidity ratio of ARMAMA (778.50) 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.
In 2022, the interest coverage of ARMAMA (172.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 340 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 242 days. The gap of 98 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1244 days of revenue, i.e. 404 k€ to permanently finance. Notable WCR improvement over the period (-46%), freeing up cash.
404 220 €
340 j
242 j
0 j
1244 j
Based on 80 transactions of similar company sales
(all years),
the value of ARMAMA is estimated at
44 230 €
(range 17 610€ - 127 381€).
With an EBITDA of 50 960€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(conservative valuation).
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 80 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ARMAMA with other companies in the same sector:
Voir toutes les statistiques du secteur Supports juridiques de programmes
The revenue of ARMAMA in 2022 is 117 k€.
ARMAMA recorded a net loss in 2022.
The headquarters of ARMAMA is located in MONTPELLIER (34070), in the department Herault.
The tax return of ARMAMA 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).
ARMAMA operates in the sector Supports juridiques de programmes (NAF code 41.10D). See the 'Sector positioning' section above to compare the company with its competitors.