CHRONOTECH SERVICES : revenue, balance sheet and financial ratios

In 2024, CHRONOTECH SERVICES achieves revenue of 1.7 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +37.3%. Vs 2023, growth of +52% (1.1 M€ -> 1.7 M€). After deducting consumption (457 k€), gross margin stands at 1.2 M€, i.e. a rate of 73%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 450 k€, representing 27.0% of revenue. Warning negative scissor effect: despite revenue change (+52%), EBITDA varies by +31%, reducing margin by 4.4 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 315 k€, i.e. 18.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.3% 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement. The interest coverage ratio (= EBIT / Interest expenses) is 5.0x. 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 93 days. Excellent situation: suppliers finance 93 days of the operating cycle (retail model). WCR is negative (-31 days): operations structurally generate cash. Notable WCR improvement over the period (-905%), freeing up cash.

Based on 147 transactions of similar company sales in 2024, the value of CHRONOTECH SERVICES is estimated at 1 701 103 € (range 689 099€ - 2 992 806€). With an EBITDA of 449 691€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.35x (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.