FORUM D'ENTREPRISE DE REVEL : revenue, balance sheet and financial ratios

In 2024, FORUM D'ENTREPRISE DE REVEL achieves revenue of 180 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.2%. Slight decline of -9% vs 2023. After deducting consumption (0 €), gross margin stands at 180 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 58 k€, representing 32.5% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -27%, 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 31 k€, i.e. 17.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 86%. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 24.8% 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 1685.09. 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 1.6x. Coverage is limited: any activity downturn would jeopardize interest payments.

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: 66 days. Excellent situation: suppliers finance 40 days of the operating cycle (retail model). Overall, WCR represents 195 days of revenue, i.e. 98 k€ to permanently finance. Over 2016-2024, WCR increased by +868%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of FORUM D'ENTREPRISE DE REVEL is estimated at 248 836 € (range 72 483€ - 448 849€). With an EBITDA of 58 392€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.