SIREN : 794738930
DRIVE CORSE is a French company founded 12 years ago, specialized in the sector Vente à distance sur catalogue général. Based in FURIANI (20600), this company of category GE shows in 2024 a revenue of 3.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 446 335 € | 4 910 228 € | 5 032 459 € | 4 412 175 € | 4 690 953 € | 4 200 815 € | 6 043 812 € | 6 731 228 € | 8 263 413 € |
| Net income | -1 995 913 € | -2 375 338 € | -2 035 604 € | -1 665 502 € | -1 233 539 € | -1 268 703 € | -1 358 592 € | -1 430 260 € | -1 449 873 € |
| EBITDA | -1 641 374 € | -1 998 912 € | -1 713 456 € | -1 332 106 € | -873 127 € | -1 012 299 € | -1 010 263 € | -1 059 639 € | -954 906 € |
| Net margin | -57.9% | -48.4% | -40.4% | -37.7% | -26.3% | -30.2% | -22.5% | -21.2% | -17.5% |
In 2024, DRIVE CORSE achieves revenue of 3.4 M€. Revenue is declining over the period 2016-2024 (CAGR: -10.4%). Significant drop of -30% vs 2023. After deducting consumption (2.9 M€), gross margin stands at 575 k€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.6 M€, representing -47.6% of revenue. Warning negative scissor effect: despite revenue change (-30%), EBITDA varies by +18%, reducing margin by 6.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.0 M€ (-57.9% of revenue), which will impact equity.
3 446 335 €
574 737 €
-1 641 374 €
-1 901 259 €
-1 995 913 €
-47.6%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 -115%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
0.0%
-115.143%
-53.313%
0.0
35.6%
In 2024, the debt ratio of DRIVE CORSE (0.00) 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 2024, the financial autonomy of DRIVE CORSE (-115.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of DRIVE CORSE (0.00) 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 14.70. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
14.702
-6.617
In 2024, the liquidity ratio of DRIVE CORSE (14.70) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of DRIVE CORSE (-6.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The company must finance 21 days of gap between collections and payments. WCR is negative (-320 days): operations structurally generate cash. Notable WCR improvement over the period (-30%), freeing up cash.
-3 061 035 €
26 j
5 j
0 j
-320 j
Based on 121 transactions of similar company sales (all years), the value of DRIVE CORSE is estimated at 930 377 € (range 539 353€ - 1 999 302€). The price/revenue ratio is 0.27x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 121 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 DRIVE CORSE with other companies in the same sector:
Voir toutes les statistiques du secteur Vente à distance sur catalogue général
The revenue of DRIVE CORSE in 2024 is 3.4 M€.
DRIVE CORSE recorded a net loss in 2024.
The headquarters of DRIVE CORSE is located in FURIANI (20600).
The tax return of DRIVE CORSE 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).
DRIVE CORSE operates in the sector Vente à distance sur catalogue général (NAF code 47.91A). See the 'Sector positioning' section above to compare the company with its competitors.