SIREN : 518891395
EXPLORE is a French company founded 16 years ago, specialized in the sector Études de marché et sondages. Based in CARQUEFOU (44470), this company of category ETI shows in 2024 a revenue of 14.9 M€. 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 | 2024 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 14 920 897 € | 14 353 295 € | 7 512 779 € | 12 381 697 € | 10 457 984 € |
| Net income | 1 090 955 € | -655 941 € | 279 186 € | 889 788 € | 845 319 € |
| EBITDA | 1 540 376 € | -808 571 € | 748 858 € | 1 694 063 € | 1 238 561 € |
| Net margin | 7.3% | -4.6% | 3.7% | 7.2% | 8.1% |
In 2024, EXPLORE achieves revenue of 14.9 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.2%. Vs 2024: +4%. After deducting consumption (0 €), gross margin stands at 14.9 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 1.5 M€, representing 10.3% of revenue. Positive scissor effect: EBITDA margin improves by +16.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 7.3% of revenue. This profit can be retained or distributed to shareholders.
14 920 897 €
14 920 897 €
1 540 376 €
731 246 €
1 090 955 €
10.3%
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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 12.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
15.623%
12.577%
0.0
19.3%
In 2024, the debt ratio of EXPLORE (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 EXPLORE (15.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of EXPLORE (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 170.21. 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.
170.209
0.001
In 2024, the liquidity ratio of EXPLORE (170.21) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of EXPLORE (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The gap of 35 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-28 days): operations structurally generate cash. Over 2017-2024, WCR increased by +28%, requiring additional financing.
-1 155 922 €
78 j
43 j
0 j
-28 j
Based on 107 transactions of similar company sales (all years), the value of EXPLORE is estimated at 3 610 002 € (range 1 340 554€ - 7 886 719€). With an EBITDA of 1 540 376€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.23x (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.
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This estimate is based on the analysis of 107 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 EXPLORE with other companies in the same sector:
Voir toutes les statistiques du secteur Études de marché et sondages
The revenue of EXPLORE in 2024 is 14.9 M€.
Yes, EXPLORE generated a net profit of 1.1 M€ in 2024.
The headquarters of EXPLORE is located in CARQUEFOU (44470), in the department Loire-Atlantique.
The tax return of EXPLORE 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).
EXPLORE operates in the sector Études de marché et sondages (NAF code 73.20Z). See the 'Sector positioning' section above to compare the company with its competitors.