SIREN : 453145997
HEXO is a French company founded 22 years ago, specialized in the sector Centrales d'achat non alimentaires. Based in SAINT-GENIS-LES-OLLIERES (69290), this company of category ETI shows in 2022 a revenue of 2.7 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 2 666 830 € | 1 691 756 € | 2 796 122 € | 3 894 863 € | 2 188 856 € | 8 389 837 € | 6 820 830 € |
| Net income | 86 555 € | 22 079 € | -37 170 € | 65 152 € | -10 828 € | 211 690 € | 130 365 € |
| EBITDA | 25 971 € | 1 900 € | -37 426 € | 174 053 € | -29 181 € | 462 362 € | 231 926 € |
| Net margin | 3.2% | 1.3% | -1.3% | 1.7% | -0.5% | 2.5% | 1.9% |
In 2022, HEXO achieves revenue of 2.7 M€. Revenue is declining over the period 2016-2022 (CAGR: -14.5%). Vs 2021, growth of +58% (1.7 M€ -> 2.7 M€). After deducting consumption (2.6 M€), gross margin stands at 103 k€, i.e. a rate of 4%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 26 k€, representing 1.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 87 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.
2 666 830 €
102 774 €
25 971 €
25 861 €
86 555 €
1.0%
The debt ratio (= Financial debt / Equity x 100) stands at 870%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
869.777%
8.734%
-1.189%
-39.385
In 2022, the debt ratio of HEXO (869.78) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2022, the financial autonomy of HEXO (8.7%) 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 2022, the repayment capacity of HEXO (-39.38) 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 675.16. 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 122.4x. Operating income very largely covers interest expenses: high safety margin.
675.157
122.444
In 2022, the liquidity ratio of HEXO (675.16) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2022, the interest coverage of HEXO (122.4x) 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: 161 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 129 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 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 215 days of revenue, i.e. 1.6 M€ to permanently finance. Over 2016-2022, WCR increased by +28%, requiring additional financing.
1 592 818 €
161 j
32 j
12 j
215 j
Based on 85 transactions of similar company sales
(all years),
the value of HEXO is estimated at
295 016 €
(range 162 307€ - 792 698€).
With an EBITDA of 25 971€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.32x
(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 85 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 HEXO with other companies in the same sector:
Voir toutes les statistiques du secteur Centrales d'achat non alimentaires
The revenue of HEXO in 2022 is 2.7 M€.
Yes, HEXO generated a net profit of 87 k€ in 2022.
The headquarters of HEXO is located in SAINT-GENIS-LES-OLLIERES (69290), in the department Rhone.
The tax return of HEXO 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).
HEXO operates in the sector Centrales d'achat non alimentaires (NAF code 46.19A). See the 'Sector positioning' section above to compare the company with its competitors.