LOCAL.FR : revenue, balance sheet and financial ratios
LOCAL.FR is a French company
founded 41 years ago,
specialized in the sector Programmation informatique.
Based in BOULOGNE-BILLANCOURT (92100),
this company of category ETI
shows in 2024 a revenue of 51.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, LOCAL.FR achieves revenue of 51.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +23.3%. Vs 2023, growth of +21% (42.2 M€ -> 51.1 M€). After deducting consumption (2.0 M€), gross margin stands at 49.1 M€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13.9 M€, representing 27.2% of revenue. Warning negative scissor effect: despite revenue change (+21%), EBITDA varies by -43%, reducing margin by 31.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -76 k€ (-0.1% of revenue), which will impact equity.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
51 128 553 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
49 131 856 €
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
13 910 427 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
8 533 735 €
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
-75 784 €
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
27.2%
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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 153%. 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 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 21.1% 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)
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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
152.885%
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
29.525%
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
21.143%
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
4.626
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
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
-289.099
0.365
0.804
30.156
57.012
21.796
61.226
109.068
152.885
Financial autonomy
-32.635
66.856
67.153
51.321
41.871
39.79
39.924
36.375
29.525
Repayment capacity
19.221
0.0
0.0
1.295
2.567
1.173
3.195
3.672
4.626
Cash flow / Revenue
6.121%
10.72%
12.781%
21.708%
19.497%
13.78%
14.8%
23.104%
21.143%
Sector positioning
Debt ratio
152.882024
2022
2023
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Average
In 2024, the debt ratio of LOCAL.FR (152.88) 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
29.52%2024
2022
2023
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Average-9 pts over 3 years
In 2024, the financial autonomy of LOCAL.FR (29.5%) 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
4.63 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.39 years
Average
In 2024, the repayment capacity of LOCAL.FR (4.63) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 409.54. 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 11.3x. 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
409.537
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
11.251
Liquidity indicators evolution LOCAL.FR
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
373.472
416.931
392.046
408.211
391.202
217.63
314.054
452.194
409.537
Interest coverage
29.883
8.448
2.256
2.357
4.333
4.603
6.123
4.524
11.251
Sector positioning
Liquidity ratio
409.542024
2022
2023
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Good+7 pts over 3 years
In 2024, the liquidity ratio of LOCAL.FR (409.54) 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
11.25x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.47x
Excellent
In 2024, the interest coverage of LOCAL.FR (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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 679 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The gap of 630 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 586 days of revenue, i.e. 83.2 M€ to permanently finance. Over 2016-2024, WCR increased by +995%, requiring additional financing.
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
83 162 125 €
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
679 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
49 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
0 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
586 j
WCR and payment terms evolution LOCAL.FR
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
7 594 556 €
13 033 981 €
18 547 188 €
26 208 542 €
32 636 883 €
28 394 931 €
47 281 768 €
69 039 634 €
83 162 125 €
Inventory turnover (days)
25
12
1
0
0
0
0
0
0
Customer payment term (days)
355
456
546
576
0
562
596
645
679
Supplier payment term (days)
34
33
40
31
44
28
32
0
49
Positioning of LOCAL.FR in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of LOCAL.FR is estimated at
24 540 714 €
(range 11 332 908€ - 65 918 853€).
With an EBITDA of 13 910 427€, the sector multiple of 2.2x is applied.
The price/revenue ratio is 0.27x
(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
120 transactions
11332k€24540k€65918k€
24 540 714 €Range: 11 332 908€ - 65 918 853€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
13 910 427 €×2.2x
Estimation30 932 990 €
13 422 598€ - 85 092 443€
Revenue Multiple30%
51 128 553 €×0.27x
Estimation13 886 921 €
7 850 092€ - 33 962 870€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 120 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 (Programmation informatique)
Compare LOCAL.FR with other companies in the same sector:
The headquarters of LOCAL.FR is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.
Where to find the tax return of LOCAL.FR ?
The tax return of LOCAL.FR 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 LOCAL.FR operate?
LOCAL.FR operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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