FERMOB : revenue, balance sheet and financial ratios

In 2025, FERMOB achieves revenue of 94.4 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +5.3%. Slight decline of -6% vs 2024. After deducting consumption (35.4 M€), gross margin stands at 59.0 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.2 M€, representing 5.5% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -33%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.8 M€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 47%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 49%. 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 4.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.4% 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 251.22. 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 10.9x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 78 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 116 days of revenue, i.e. 30.4 M€ to permanently finance.

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 7 480 492€ to 37 003 830€ is provided for information purposes only and requires in-depth analysis to be confirmed.