HYLEANCE TECH : revenue, balance sheet and financial ratios

In 2024, HYLEANCE TECH achieves revenue of 11.7 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Slight decline of -1% vs 2023. After deducting consumption (4.3 M€), gross margin stands at 7.4 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 839 k€, representing 7.1% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -628 k€ (-5.3% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 20%. 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 44%. 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 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.0% 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 200.31. 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 128.6x. 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: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 59 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 62 days of revenue, i.e. 2.0 M€ to permanently finance. Notable WCR improvement over the period (-39%), freeing up cash.

Indicative estimate only : the number of comparable transactions in this sector is limited (46 transactions). This range of 673 230€ to 3 291 907€ is provided for information purposes only and requires in-depth analysis to be confirmed.