Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2013-06-01 (12 years)Status: ActiveBusiness sector: Réparation de matériels électroniques et optiquesLocation: LE MANS (72100), Sarthe
L.M.I.T. : revenue, balance sheet and financial ratios
L.M.I.T. is a French company
founded 12 years ago,
specialized in the sector Réparation de matériels électroniques et optiques.
Based in LE MANS (72100),
this company of category PME
shows in 2024 a revenue of 2.8 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, L.M.I.T. achieves revenue of 2.8 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +28.0%. After deducting consumption (998 k€), gross margin stands at 1.8 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 206 k€, representing 7.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 158 k€, i.e. 5.6% 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
2 841 460 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 843 468 €
EBITDA (2024)
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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
206 103 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
191 919 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
157 773 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
7.2%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 48%. 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 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
30.925%
Financial autonomy (2024)
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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
48.304%
Cash flow / Revenue (2024)
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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
5.867%
Repayment capacity (2024)
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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
1.194
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
2022
2023
2024
Debt ratio
26.922
16.245
4.849
30.121
30.135
50.73
30.925
Financial autonomy
53.569
56.215
65.143
39.935
43.434
38.324
48.304
Repayment capacity
None
3.287
0.331
2.261
1.209
None
1.194
Cash flow / Revenue
None%
1.628%
5.167%
2.699%
5.425%
None%
5.867%
Sector positioning
Debt ratio
30.932024
2022
2023
2024
Q1: 0.05
Med: 9.93
Q3: 29.51
Average+14 pts over 3 years
In 2024, the debt ratio of L.M.I.T. (30.93) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
48.3%2024
2022
2023
2024
Q1: 26.48%
Med: 50.0%
Q3: 62.83%
Average
In 2024, the financial autonomy of L.M.I.T. (48.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
1.19 years2024
2022
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.88 years
Watch+8 pts over 2 years
In 2024, the repayment capacity of L.M.I.T. (1.19) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 247.36. 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 5.5x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
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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
247.363
Interest coverage (2024)
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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
5.483
Liquidity indicators evolution L.M.I.T.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
275.539
259.907
292.678
179.039
199.263
209.139
247.363
Interest coverage
None
4.855
1.388
8.296
2.562
None
5.483
Sector positioning
Liquidity ratio
247.362024
2022
2023
2024
Q1: 189.26
Med: 248.71
Q3: 335.97
Average+10 pts over 3 years
In 2024, the liquidity ratio of L.M.I.T. (247.36) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
Interest coverage
5.48x2024
2022
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.24x
Excellent
In 2024, the interest coverage of L.M.I.T. (5.5x) 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: 82 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. The gap of 51 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 85 days of revenue, i.e. 670 k€ to permanently finance.
Operating WCR (2024)
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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
669 817 €
Customer credit (2024)
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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
82 j
Supplier credit (2024)
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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
31 j
Inventory turnover (2024)
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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
13 j
WCR in days of revenue (2024)
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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
85 j
WCR and payment terms evolution L.M.I.T.
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
220 867 €
145 688 €
354 715 €
341 450 €
0 €
669 817 €
Inventory turnover (days)
0
13
12
14
13
0
13
Customer payment term (days)
0
63
68
70
73
0
82
Supplier payment term (days)
0
46
35
74
50
0
31
Positioning of L.M.I.T. in its sector
Comparison with sector Réparation de matériels électroniques et optiques
Valuation estimate
Based on 197 transactions of similar company sales
(all years),
the value of L.M.I.T. is estimated at
555 818 €
(range 228 204€ - 1 223 922€).
With an EBITDA of 206 103€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.28x
(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 value2024
197 transactions
228k€555k€1223k€
555 818 €Range: 228 204€ - 1 223 922€
NAF 4 all-time
Aggregated at NAF sub-class level
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
206 103 €×2.4x
Estimation498 361 €
158 717€ - 1 246 903€
Revenue Multiple30%
2 841 460 €×0.28x
Estimation809 699 €
406 684€ - 1 444 798€
Net Income Multiple20%
157 773 €×2.0x
Estimation318 640 €
134 203€ - 835 158€
How is this estimate calculated?
This estimate is based on the analysis of 197 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 (Réparation de matériels électroniques et optiques)
Compare L.M.I.T. with other companies in the same sector:
Yes, L.M.I.T. generated a net profit of 158 k€ in 2024.
Where is the headquarters of L.M.I.T. ?
The headquarters of L.M.I.T. is located in LE MANS (72100), in the department Sarthe.
Where to find the tax return of L.M.I.T. ?
The tax return of L.M.I.T. 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 L.M.I.T. operate?
L.M.I.T. operates in the sector Réparation de matériels électroniques et optiques (NAF code 33.13Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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