LOUSTAU BAIONA : revenue, balance sheet and financial ratios

In 2024, LOUSTAU BAIONA achieves revenue of 146 k€. Activity remains stable over the period (CAGR: -0.3%). Slight decline of 0% vs 2023. After deducting consumption (0 €), gross margin stands at 146 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24 k€, representing 16.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -12%, reducing margin by 2.1 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 1 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 462%. 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 738.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 265.37. 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 150.7x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 240 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1 days. The gap of 239 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 194 days of revenue, i.e. 79 k€ to permanently finance. Notable WCR improvement over the period (-73%), freeing up cash.

Based on 169 transactions of similar company sales in 2024, the value of LOUSTAU BAIONA is estimated at 103 905 € (range 31 724€ - 188 338€). With an EBITDA of 23 787€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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.