SIREN : 513519066
INOVAXO is a French company founded 16 years ago, specialized in the sector Edition de logiciels applicatifs. Based in NANTES (44300), this company of category ETI shows in 2024 a revenue of 15.8 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 | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15 764 301 € | 15 125 228 € | 12 232 435 € | 11 416 265 € | 12 823 746 € | 13 043 624 € | 12 308 124 € | 11 901 267 € | 9 651 509 € | 8 064 762 € |
| Net income | 1 338 322 € | 1 786 026 € | 1 279 044 € | 1 025 940 € | 897 285 € | 1 251 001 € | 1 115 981 € | 1 002 324 € | 283 914 € | 620 901 € |
| EBITDA | 4 066 880 € | 4 182 804 € | 2 776 072 € | 2 357 705 € | 2 859 036 € | 2 979 659 € | 2 960 721 € | 2 697 192 € | 1 140 993 € | 1 079 152 € |
| Net margin | 8.5% | 11.8% | 10.5% | 9.0% | 7.0% | 9.6% | 9.1% | 8.4% | 2.9% | 7.7% |
In 2024, INOVAXO achieves revenue of 15.8 M€. Over the period 2013-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2023: +4%. After deducting consumption (1.4 M€), gross margin stands at 14.3 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.1 M€, representing 25.8% of 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 1.3 M€, i.e. 8.5% of revenue. This profit can be retained or distributed to shareholders.
15 764 301 €
14 330 945 €
4 066 880 €
2 532 932 €
1 338 322 €
25.8%
The debt ratio (= Financial debt / Equity x 100) stands at 133%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
133.371%
25.015%
16.272%
2.415
39.8%
In 2024, the debt ratio of INOVAXO (133.37) 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 2024, the financial autonomy of INOVAXO (25.0%) 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 INOVAXO (2.42) 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 114.67. 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 12.5x. Operating income very largely covers interest expenses: high safety margin.
114.675
12.546
In 2024, the liquidity ratio of INOVAXO (114.67) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of INOVAXO (12.6x) 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: 36 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 186 days. Excellent situation: suppliers finance 150 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 44 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2013-2024, WCR increased by +293%, requiring additional financing.
1 947 522 €
36 j
186 j
6 j
44 j
Based on 103 transactions of similar company sales (all years), the value of INOVAXO is estimated at 3 475 782 € (range 1 288 509€ - 10 046 442€). With an EBITDA of 4 066 880€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.25x (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.
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This estimate is based on the analysis of 103 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 INOVAXO with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of INOVAXO in 2024 is 15.8 M€.
Yes, INOVAXO generated a net profit of 1.3 M€ in 2024.
The headquarters of INOVAXO is located in NANTES (44300), in the department Loire-Atlantique.
The tax return of INOVAXO 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).
INOVAXO operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.