SIREN : 830985651
COWATT is a French company founded 8 years ago, specialized in the sector Production d'électricité. Based in NANTES (44200), this company of category PME shows in 2024 a revenue of 72 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 72 389 € | 46 850 € | 43 103 € | 24 808 € | 11 152 € | 1 131 € |
| Net income | 8 525 € | 13 130 € | 25 534 € | 8 904 € | 501 € | -21 079 € |
| EBITDA | 39 677 € | 29 513 € | 33 933 € | 15 577 € | 2 328 € | -20 428 € |
| Net margin | 11.8% | 28.0% | 59.2% | 35.9% | 4.5% | -1863.7% |
In 2024, COWATT achieves revenue of 72 k€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +100.0%. Vs 2023, growth of +55% (47 k€ -> 72 k€). After deducting consumption (0 €), gross margin stands at 72 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 40 k€, representing 54.8% of revenue. Warning negative scissor effect: despite revenue change (+55%), EBITDA varies by +34%, reducing margin by 8.2 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 9 k€, i.e. 11.8% of revenue. This profit can be retained or distributed to shareholders.
72 389 €
72 389 €
39 677 €
1 117 €
8 525 €
54.8%
The debt ratio (= Financial debt / Equity x 100) stands at 91%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 50%. 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 14.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 61.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
90.926%
49.614%
61.853%
14.454
92.2%
In 2024, the debt ratio of COWATT (90.93) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of COWATT (49.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of COWATT (14.45) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 319.02. 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 43.3x. Operating income very largely covers interest expenses: high safety margin.
319.023
43.312
In 2024, the liquidity ratio of COWATT (319.02) 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 2024, the interest coverage of COWATT (43.3x) 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: 227 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 657 days. Excellent situation: suppliers finance 430 days of the operating cycle (retail model). Overall, WCR represents 570 days of revenue, i.e. 115 k€ to permanently finance.
114 589 €
227 j
657 j
0 j
570 j
Based on 85 transactions of similar company sales
(all years),
the value of COWATT is estimated at
67 936 €
(range 9 472€ - 274 470€).
With an EBITDA of 39 677€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 COWATT with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of COWATT in 2024 is 72 k€.
Yes, COWATT generated a net profit of 9 k€ in 2024.
The headquarters of COWATT is located in NANTES (44200), in the department Loire-Atlantique.
The tax return of COWATT 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).
COWATT operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.