CLC INTERNATIONAL ASSURANCES : revenue, balance sheet and financial ratios

In 2024, CLC INTERNATIONAL ASSURANCES achieves revenue of 8.5 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.9%. Vs 2023, growth of +17% (7.2 M€ -> 8.5 M€). After deducting consumption (32 k€), gross margin stands at 8.4 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 928 k€, representing 11.0% of revenue. Warning negative scissor effect: despite revenue change (+17%), EBITDA varies by -30%, reducing margin by 7.5 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 380 k€, i.e. 4.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 42%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 99.86. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 89 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 427 days. Excellent situation: suppliers finance 338 days of the operating cycle (retail model). Overall, WCR represents 94 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2015-2024, WCR increased by +1611%, requiring additional financing.

Based on 193 transactions of similar company sales (all years), the value of CLC INTERNATIONAL ASSURANCES is estimated at 3 210 076 € (range 913 293€ - 8 207 201€). With an EBITDA of 928 439€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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.