CENTRE LAB : revenue, balance sheet and financial ratios

In 2025, CENTRE LAB achieves revenue of 5.1 M€. Over the period 2018-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +113.0%. Vs 2024, growth of +16% (4.4 M€ -> 5.1 M€). After deducting consumption (485 k€), gross margin stands at 4.7 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 31.1% of revenue. Warning negative scissor effect: despite revenue change (+16%), EBITDA varies by +9%, reducing margin by 2.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.2 M€, i.e. 23.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 90%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 46%. 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 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.3% 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 476.77. 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 3.7x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 140 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2018-2025, WCR increased by +1579%, requiring additional financing.

Based on 124 transactions of similar company sales (all years), the value of CENTRE LAB is estimated at 1 092 414 € (range 520 736€ - 3 777 950€). With an EBITDA of 1 599 767€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (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.