EVIDENS DE BEAUTE : revenue, balance sheet and financial ratios

In 2024, EVIDENS DE BEAUTE achieves revenue of 41.4 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +28.9%. Vs 2023, growth of +13% (36.7 M€ -> 41.4 M€). After deducting consumption (6.8 M€), gross margin stands at 34.5 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10.8 M€, representing 26.0% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -21%, reducing margin by 11.3 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 7.2 M€, i.e. 17.4% 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 57%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 19.0% 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 212.12. 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 0.5x. 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: 108 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. The gap of 40 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 75 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 152 days of revenue, i.e. 17.4 M€ to permanently finance.

Based on 145 transactions of similar company sales (all years), the value of EVIDENS DE BEAUTE is estimated at 21 190 996 € (range 7 402 988€ - 54 049 338€). With an EBITDA of 10 765 342€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.