SIREN : 841838154
HBAI is a French company founded 7 years ago, specialized in the sector Gestion de fonds. Based in SAINT-ETIENNE ([ND]), this company of category PME shows in 2024 a revenue of 184 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-11
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2022 |
|---|---|---|
| Revenue | 183 500 € | 227 775 € |
| Net income | 100 297 € | 17 983 € |
| EBITDA | 32 960 € | 81 192 € |
| Net margin | 54.7% | 7.9% |
In 2024, HBAI achieves revenue of 184 k€. Significant drop of -19% vs 2022. After deducting consumption (0 €), gross margin stands at 184 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 33 k€, representing 18.0% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -59%, reducing margin by 17.7 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 100 k€, i.e. 54.7% of revenue. This profit can be retained or distributed to shareholders.
183 500 €
183 500 €
32 960 €
12 614 €
100 297 €
18.0%
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 98%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.036%
97.712%
1.134%
0.283
78.6%
In 2024, the debt ratio of HBAI (0.04) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of HBAI (97.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of HBAI (0.28) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 2321.04. 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 11.0x. Operating income very largely covers interest expenses: high safety margin.
2321.041
11.001
In 2024, the liquidity ratio of HBAI (2321.04) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of HBAI (11.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Excellent situation: suppliers finance 42 days of the operating cycle (retail model). Overall, WCR represents 159 days of revenue, i.e. 81 k€ to permanently finance.
81 182 €
24 j
66 j
0 j
159 j
Based on 62 transactions of similar company sales
in 2024,
the value of HBAI is estimated at
244 088 €
(range 75 358€ - 518 380€).
With an EBITDA of 32 960€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 62 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 HBAI with other companies in the same sector:
The revenue of HBAI in 2024 is 184 k€.
Yes, HBAI generated a net profit of 100 k€ in 2024.
The headquarters of HBAI is located in SAINT-ETIENNE ([ND]).
The tax return of HBAI 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).
HBAI operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.