SIREN : 353012016
M2 is a French company founded 36 years ago, specialized in the sector Restauration de type rapide. Based in MULHOUSE (68100), this company of category PME shows in 2023 a revenue of 3.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 022 608 € | 2 458 209 € | 2 846 492 € | 2 055 517 € | 2 812 038 € | 2 152 687 € | 1 898 335 € | 1 831 249 € |
| Net income | 107 730 € | 108 862 € | 173 600 € | 84 887 € | 190 015 € | 143 436 € | 43 371 € | -20 540 € |
| EBITDA | 347 150 € | 134 353 € | 309 901 € | 178 780 € | 388 115 € | 215 880 € | 141 362 € | 88 869 € |
| Net margin | 3.6% | 4.4% | 6.1% | 4.1% | 6.8% | 6.7% | 2.3% | -1.1% |
In 2023, M2 achieves revenue of 3.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2022, growth of +23% (2.5 M€ -> 3.0 M€). After deducting consumption (775 k€), gross margin stands at 2.2 M€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 347 k€, representing 11.5% of revenue. Positive scissor effect: EBITDA margin improves by +6.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 108 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.
3 022 608 €
2 247 299 €
347 150 €
141 049 €
107 730 €
11.5%
The debt ratio (= Financial debt / Equity x 100) stands at 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
64.431%
43.025%
5.364%
1.619
31.3%
In 2023, the debt ratio of M2 (64.43) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of M2 (43.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2023, the repayment capacity of M2 (1.62) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 185.17. 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 1.3x. Coverage is limited: any activity downturn would jeopardize interest payments.
185.172
1.334
In 2023, the liquidity ratio of M2 (185.17) 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.
In 2023, the interest coverage of M2 (1.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. Favorable situation: supplier credit is longer than customer credit by 30 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 10 days of revenue, i.e. 84 k€ to permanently finance. Over 2016-2023, WCR increased by +78%, requiring additional financing.
83 968 €
1 j
31 j
3 j
10 j
Based on 689 transactions of similar company sales in 2023, the value of M2 is estimated at 1 833 696 € (range 1 005 329€ - 3 471 592€). With an EBITDA of 347 150€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (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.
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This estimate is based on the analysis of 689 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare M2 with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of M2 in 2023 is 3.0 M€.
Yes, M2 generated a net profit of 108 k€ in 2023.
The headquarters of M2 is located in MULHOUSE (68100), in the department Haut-Rhin.
The tax return of M2 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).
M2 operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.