LUXOR GROUP : revenue, balance sheet and financial ratios

In 2024, LUXOR GROUP achieves revenue of 214 k€. Activity remains stable over the period (CAGR: -2.3%). Vs 2022: +3%. After deducting consumption (0 €), gross margin stands at 214 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 7 k€, representing 3.1% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -86%, reducing margin by 19.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 28 k€, i.e. 13.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 2%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 75%. 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 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 194.76. 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 14.4x. 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: 241 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 295 days. Excellent situation: suppliers finance 54 days of the operating cycle (retail model). Overall, WCR represents 311 days of revenue, i.e. 184 k€ to permanently finance. Over 2020-2024, WCR increased by +123%, requiring additional financing.

Based on 261 transactions of similar company sales (all years), the value of LUXOR GROUP is estimated at 99 839 € (range 54 789€ - 191 056€). With an EBITDA of 6 568€, the sector multiple of 5.3x is applied. The price/revenue ratio is 0.75x (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.