SIREN : 843836263
LM2 COMPETITION is a French company founded 7 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in ETUPES (25460), this company of category PME shows in 2024 a revenue of 970 k€. 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
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 970 399 € | 195 967 € | 140 718 € | 51 638 € | 71 139 € |
| Net income | 173 150 € | -3 360 € | -468 € | -32 723 € | -66 252 € |
| EBITDA | 243 568 € | 88 801 € | 45 796 € | -12 010 € | 4 184 € |
| Net margin | 17.8% | -1.7% | -0.3% | -63.4% | -93.1% |
In 2024, LM2 COMPETITION achieves revenue of 970 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +68.6%. Vs 2023, growth of +395% (196 k€ -> 970 k€). After deducting consumption (645 k€), gross margin stands at 326 k€, i.e. a rate of 34%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 244 k€, representing 25.1% of revenue. Warning negative scissor effect: despite revenue change (+395%), EBITDA varies by +174%, reducing margin by 20.2 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 173 k€, i.e. 17.8% of revenue. This profit can be retained or distributed to shareholders.
970 399 €
325 770 €
243 568 €
204 872 €
173 150 €
25.1%
The debt ratio (= Financial debt / Equity x 100) stands at 402%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
401.769%
16.721%
20.769%
2.018
74.8%
In 2024, the debt ratio of LM2 COMPETITION (401.77) 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 LM2 COMPETITION (16.7%) 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 LM2 COMPETITION (2.02) 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 85.17. 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 12.8x. Operating income very largely covers interest expenses: high safety margin.
85.173
12.77
In 2024, the liquidity ratio of LM2 COMPETITION (85.17) 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 LM2 COMPETITION (12.8x) 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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 53 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 79 days of revenue, i.e. 213 k€ to permanently finance. Over 2019-2024, WCR increased by +331%, requiring additional financing.
212 857 €
21 j
41 j
53 j
79 j
Based on 147 transactions of similar company sales in 2024, the value of LM2 COMPETITION is estimated at 930 568 € (range 378 687€ - 1 639 100€). With an EBITDA of 243 568€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.35x (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 147 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 LM2 COMPETITION with other companies in the same sector:
Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers
The revenue of LM2 COMPETITION in 2024 is 970 k€.
Yes, LM2 COMPETITION generated a net profit of 173 k€ in 2024.
The headquarters of LM2 COMPETITION is located in ETUPES (25460), in the department Doubs.
The tax return of LM2 COMPETITION 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).
LM2 COMPETITION operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.