LOXEA REUNION : revenue, balance sheet and financial ratios

In 2025, LOXEA REUNION achieves revenue of 2.3 M€. Over the period 2021-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +110.9%. Vs 2024, growth of +18% (1.9 M€ -> 2.3 M€). After deducting consumption (2.0 M€), gross margin stands at 324 k€, i.e. a rate of 14%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 230 k€, representing 10.1% of revenue. Warning negative scissor effect: despite revenue change (+18%), EBITDA varies by -98%, reducing margin by 709.0 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 176 k€, i.e. 7.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 46%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. 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 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. 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.

The liquidity ratio (= Current assets / Current liabilities) stands at 370.00. 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 12.5x. 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Favorable situation: supplier credit is longer than customer credit by 16 days. Overall, WCR represents 216 days of revenue, i.e. 1.4 M€ to permanently finance.

Based on 276 transactions of similar company sales (all years), the value of LOXEA REUNION is estimated at 3 396 740 € (range 661 806€ - 5 209 423€). With an EBITDA of 229 873€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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.