KEOLIS BORDEAUX METROPOLE : revenue, balance sheet and financial ratios

KEOLIS BORDEAUX METROPOLE is a French company founded 11 years ago, specialized in the sector Transports urbains et suburbains de voyageurs. Based in BORDEAUX (33000), this company of category GE shows in 2024 a revenue of 2.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - KEOLIS BORDEAUX METROPOLE (SIREN 808227052)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 2 688 002 € -2 424 519 € 255 003 989 € 237 311 648 € 231 036 861 € 241 992 731 € 234 746 753 € 221 664 314 € 211 874 025 € 204 961 432 €
Net income 4 423 709 € -3 359 996 € 3 028 195 € -2 545 288 € 2 472 727 € 5 401 077 € 6 251 438 € 6 298 582 € 5 926 682 € 3 912 646 €
EBITDA 3 991 007 € -4 435 281 € 4 820 179 € -3 366 125 € 10 026 478 € 14 355 826 € 7 262 798 € 4 033 921 € 2 665 130 € 74 444 925 €
Net margin 164.6% 138.6% 1.2% -1.1% 1.1% 2.2% 2.7% 2.8% 2.8% 1.9%

Revenue and income statement

In 2024, KEOLIS BORDEAUX METROPOLE achieves revenue of 2.7 M€. Revenue is declining over the period 2015-2024 (CAGR: -38.2%). Vs 2023, growth of +211% (-2.4 M€ -> 2.7 M€). After deducting consumption (8 k€), gross margin stands at 2.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.0 M€, representing 148.5% 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 4.4 M€, i.e. 164.6% 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

2 688 002 €

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

2 680 291 €

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

3 991 007 €

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

4 601 164 €

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

4 423 709 €

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

148.5%

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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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 137.1% 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

0.073%

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

72.041%

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

137.084%

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

Solvency indicators evolution
KEOLIS BORDEAUX METROPOLE

Sector positioning

Debt ratio
0.07 2024
2022
2023
2024
Q1: 0.0
Med: 0.28
Q3: 27.58
Good -43 pts over 3 years

In 2024, the debt ratio of KEOLIS BORDEAUX METROPOLE (0.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
72.04% 2024
2022
2023
2024
Q1: 6.39%
Med: 17.87%
Q3: 42.0%
Excellent +31 pts over 3 years

In 2024, the financial autonomy of KEOLIS BORDEAUX METROPOLE (72.0%) 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
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.09 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of KEOLIS BORDEAUX METROPOLE (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 374.41. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

374.407

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

-0.475

Liquidity indicators evolution
KEOLIS BORDEAUX METROPOLE

Sector positioning

Liquidity ratio
374.41 2024
2022
2023
2024
Q1: 100.43
Med: 129.12
Q3: 209.11
Excellent +25 pts over 3 years

In 2024, the liquidity ratio of KEOLIS BORDEAUX METROPOLE (374.41) 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.

Interest coverage
-0.47x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.6x
Average -51 pts over 3 years

In 2024, the interest coverage of KEOLIS BORDEAUX METROPOLE (-0.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 2509 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: -1409 days. The gap of 3918 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 3935 days of revenue, i.e. 29.4 M€ to permanently finance. Notable WCR improvement over the period (-28%), 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

29 379 512 €

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

2509 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

-1409 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

3935 j

WCR and payment terms evolution
KEOLIS BORDEAUX METROPOLE

Positioning of KEOLIS BORDEAUX METROPOLE in its sector

Comparison with sector Transports urbains et suburbains de voyageurs

Valuation estimate

Based on 206 transactions of similar company sales (all years), the value of KEOLIS BORDEAUX METROPOLE is estimated at 11 926 189 € (range 5 342 694€ - 23 964 865€). With an EBITDA of 3 991 007€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.48x (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.

Estimated enterprise value 2024
206 transactions
5342k€ 11926k€ 23964k€
11 926 189 € Range: 5 342 694€ - 23 964 865€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
3 991 007 € × 4.2x
Estimation 16 799 947 €
8 026 965€ - 31 425 252€
Revenue Multiple 30%
2 688 002 € × 0.48x
Estimation 1 295 361 €
516 586€ - 2 302 072€
Net Income Multiple 20%
4 423 709 € × 3.5x
Estimation 15 688 041 €
5 871 180€ - 37 808 089€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 206 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 (Transports urbains et suburbains de voyageurs)

Compare KEOLIS BORDEAUX METROPOLE with other companies in the same sector:

Voir toutes les statistiques du secteur Transports urbains et suburbains de voyageurs

Frequently asked questions about KEOLIS BORDEAUX METROPOLE

What is the revenue of KEOLIS BORDEAUX METROPOLE ?

The revenue of KEOLIS BORDEAUX METROPOLE in 2024 is 2.7 M€.

Is KEOLIS BORDEAUX METROPOLE profitable?

Yes, KEOLIS BORDEAUX METROPOLE generated a net profit of 4.4 M€ in 2024.

Where is the headquarters of KEOLIS BORDEAUX METROPOLE ?

The headquarters of KEOLIS BORDEAUX METROPOLE is located in BORDEAUX (33000), in the department Gironde.

Where to find the tax return of KEOLIS BORDEAUX METROPOLE ?

The tax return of KEOLIS BORDEAUX METROPOLE 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 KEOLIS BORDEAUX METROPOLE operate?

KEOLIS BORDEAUX METROPOLE operates in the sector Transports urbains et suburbains de voyageurs (NAF code 49.31Z). See the 'Sector positioning' section above to compare the company with its competitors.