ITAVERA ASSET MANAGEMENT : revenue, balance sheet and financial ratios

ITAVERA ASSET MANAGEMENT is a French company founded 36 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in PARIS (75017), this company of category PME shows in 2024 a revenue of 3.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ITAVERA ASSET MANAGEMENT (SIREN 378570014)
Indicator 2024 2023 2019 2018 2017 2016
Revenue 3 457 434 € 3 523 235 € 2 826 923 € 2 612 499 € 3 729 792 € 2 893 741 €
Net income 685 328 € 967 183 € 263 604 € 266 733 € 48 268 € 157 099 €
EBITDA 1 144 436 € 1 438 450 € 418 193 € 471 421 € 428 286 € 233 757 €
Net margin 19.8% 27.5% 9.3% 10.2% 1.3% 5.4%

Revenue and income statement

In 2024, ITAVERA ASSET MANAGEMENT achieves revenue of 3.5 M€. Revenue is growing positively over 6 years (CAGR: +2.2%). Slight decline of -2% vs 2023. After deducting consumption (21 k€), gross margin stands at 3.4 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 33.1% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -20%, reducing margin by 7.7 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 685 k€, i.e. 19.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 457 434 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 436 369 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 144 436 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 060 316 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

685 328 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

33.1%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

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 79%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 22.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

78.734%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

22.461%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

40.3%

Solvency indicators evolution
ITAVERA ASSET MANAGEMENT

Sector positioning

Debt ratio
0.0 2024
2019
2023
2024
Q1: 0.0
Med: 7.62
Q3: 47.38
Excellent -36 pts over 3 years

In 2024, the debt ratio of ITAVERA ASSET MANAGEMENT (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
78.73% 2024
2019
2023
2024
Q1: 13.01%
Med: 47.62%
Q3: 76.27%
Excellent +28 pts over 3 years

In 2024, the financial autonomy of ITAVERA ASSET MANAGEMENT (78.7%) 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.

Repayment capacity
0.0 years 2024
2019
2023
2024
Q1: 0.0 years
Med: 0.12 years
Q3: 1.71 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of ITAVERA ASSET MANAGEMENT (0.00) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 396.80. 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 3.6x. Financial charges are adequately covered by operations.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

396.799

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

3.602

Liquidity indicators evolution
ITAVERA ASSET MANAGEMENT

Sector positioning

Liquidity ratio
396.8 2024
2019
2023
2024
Q1: 123.36
Med: 243.1
Q3: 571.4
Good +20 pts over 3 years

In 2024, the liquidity ratio of ITAVERA ASSET MANAGEMENT (396.80) 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.

Interest coverage
3.6x 2024
2019
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.2x
Excellent

In 2024, the interest coverage of ITAVERA ASSET MANAGEMENT (3.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 94 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 221 days. Excellent situation: suppliers finance 127 days of the operating cycle (retail model). Overall, WCR represents 60 days of revenue, i.e. 574 k€ to permanently finance. Notable WCR improvement over the period (-20%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

573 519 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

94 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

221 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

60 j

WCR and payment terms evolution
ITAVERA ASSET MANAGEMENT

Positioning of ITAVERA ASSET MANAGEMENT in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of ITAVERA ASSET MANAGEMENT is estimated at 1 987 629 € (range 593 589€ - 6 690 791€). With an EBITDA of 1 144 436€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (in line with sector norms). 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.

Estimated enterprise value 2024
193 transactions
593k€ 1987k€ 6690k€
1 987 629 € Range: 593 589€ - 6 690 791€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
1 144 436 € × 1.2x
Estimation 1 385 516 €
357 865€ - 7 072 073€
Revenue Multiple 30%
3 457 434 € × 0.98x
Estimation 3 396 681 €
947 222€ - 6 317 237€
Net Income Multiple 20%
685 328 € × 2.0x
Estimation 1 379 339 €
652 454€ - 6 297 919€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Activités des agents et courtiers d'assurances)

Compare ITAVERA ASSET MANAGEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about ITAVERA ASSET MANAGEMENT

What is the revenue of ITAVERA ASSET MANAGEMENT ?

The revenue of ITAVERA ASSET MANAGEMENT in 2024 is 3.5 M€.

Is ITAVERA ASSET MANAGEMENT profitable?

Yes, ITAVERA ASSET MANAGEMENT generated a net profit of 685 k€ in 2024.

Where is the headquarters of ITAVERA ASSET MANAGEMENT ?

The headquarters of ITAVERA ASSET MANAGEMENT is located in PARIS (75017), in the department Paris.

Where to find the tax return of ITAVERA ASSET MANAGEMENT ?

The tax return of ITAVERA ASSET MANAGEMENT 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).

In which sector does ITAVERA ASSET MANAGEMENT operate?

ITAVERA ASSET MANAGEMENT operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.