SIREN : 845045061
HMTNO is a French company founded 7 years ago, specialized in the sector Gestion de fonds. Based in GRENOBLE (38100), this company of category PME shows in 2024 a revenue of 321 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 320 943 € | 255 225 € | 112 000 € | 114 000 € | 143 443 € | 98 000 € |
| Net income | 246 621 € | 282 075 € | 86 386 € | 69 677 € | 79 666 € | 95 629 € |
| EBITDA | 220 747 € | 150 461 € | 11 979 € | -6 163 € | 8 069 € | 60 279 € |
| Net margin | 76.8% | 110.5% | 77.1% | 61.1% | 55.5% | 97.6% |
In 2024, HMTNO achieves revenue of 321 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +26.8%. Vs 2023, growth of +26% (255 k€ -> 321 k€). After deducting consumption (0 €), gross margin stands at 321 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 221 k€, representing 68.8% of revenue. Positive scissor effect: EBITDA margin improves by +9.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 247 k€, i.e. 76.8% of revenue. This profit can be retained or distributed to shareholders.
320 943 €
320 943 €
220 747 €
220 747 €
246 621 €
68.8%
The debt ratio (= Financial debt / Equity x 100) stands at 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 76.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
31.091%
21.118%
76.843%
0.822
In 2024, the debt ratio of HMTNO (31.09) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of HMTNO (21.1%) 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 HMTNO (0.82) 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 294.29. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.
294.292
1.322
In 2024, the liquidity ratio of HMTNO (294.29) 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 HMTNO (1.3x) 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: 242 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The gap of 219 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 308 days of revenue, i.e. 274 k€ to permanently finance. Over 2019-2024, WCR increased by +500%, requiring additional financing.
274 162 €
242 j
23 j
0 j
308 j
Based on 62 transactions of similar company sales
in 2024,
the value of HMTNO is estimated at
923 420 €
(range 283 374€ - 1 995 947€).
With an EBITDA of 220 747€, 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 HMTNO with other companies in the same sector:
The revenue of HMTNO in 2024 is 321 k€.
Yes, HMTNO generated a net profit of 247 k€ in 2024.
The headquarters of HMTNO is located in GRENOBLE (38100), in the department Isere.
The tax return of HMTNO 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).
HMTNO operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.