SIREN : 530051267
KIWI INSTITUTE is a French company founded 15 years ago, specialized in the sector Formation continue d'adultes. Based in RENNES (35000), this company of category PME shows in 2023 a revenue of 3.1 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
| Indicator | 2023 | 2022 | 2019 | 2017 | 2015 |
|---|---|---|---|---|---|
| Revenue | 3 054 878 € | N/C | 630 014 € | 249 255 € | 544 133 € |
| Net income | 229 723 € | 327 669 € | 13 464 € | -22 785 € | 211 563 € |
| EBITDA | 90 561 € | N/C | 74 551 € | -43 553 € | 222 127 € |
| Net margin | 7.5% | N/C | 2.1% | -9.1% | 38.9% |
In 2023, KIWI INSTITUTE achieves revenue of 3.1 M€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +24.1%. After deducting consumption (303 k€), gross margin stands at 2.8 M€, i.e. a rate of 90%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 91 k€, representing 3.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 230 k€, i.e. 7.5% of revenue. This profit can be retained or distributed to shareholders.
3 054 878 €
2 751 649 €
90 561 €
297 172 €
229 723 €
3.0%
The debt ratio (= Financial debt / Equity x 100) stands at 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 14.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
47.558%
43.47%
0.735%
14.186
56.2%
In 2023, the debt ratio of KIWI INSTITUTE (47.56) 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 2023, the financial autonomy of KIWI INSTITUTE (43.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2023, the repayment capacity of KIWI INSTITUTE (14.19) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 353.34. 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 11.2x. Operating income very largely covers interest expenses: high safety margin.
353.343
11.169
In 2023, the liquidity ratio of KIWI INSTITUTE (353.34) 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.
In 2023, the interest coverage of KIWI INSTITUTE (11.2x) 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: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The company must finance 5 days of gap between collections and payments. Overall, WCR represents 83 days of revenue, i.e. 703 k€ to permanently finance. Over 2015-2023, WCR increased by +32084%, requiring additional financing.
703 111 €
31 j
26 j
0 j
83 j
Based on 134 transactions of similar company sales (all years), the value of KIWI INSTITUTE is estimated at 560 692 € (range 195 210€ - 1 625 563€). With an EBITDA of 90 561€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.36x (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 134 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 KIWI INSTITUTE with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of KIWI INSTITUTE in 2023 is 3.1 M€.
Yes, KIWI INSTITUTE generated a net profit of 230 k€ in 2023.
The headquarters of KIWI INSTITUTE is located in RENNES (35000), in the department Ille-et-Vilaine.
The tax return of KIWI INSTITUTE 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).
KIWI INSTITUTE operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.