SIREN : 333544153
M2I is a French company founded 40 years ago, specialized in the sector Autres enseignements. Based in COURBEVOIE (92400), this company of category ETI shows in 2024 a revenue of 32.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 32 768 051 € | 31 509 234 € | 25 042 930 € | 36 077 394 € | 37 754 184 € | 29 523 465 € | 24 445 021 € |
| Net income | 11 524 811 € | -4 101 533 € | -3 480 286 € | -398 027 € | 3 043 148 € | 478 717 € | -1 054 113 € |
| EBITDA | -9 080 660 € | -5 092 701 € | -3 890 385 € | -191 427 € | 3 344 359 € | -24 308 € | -1 782 149 € |
| Net margin | 35.2% | -13.0% | -13.9% | -1.1% | 8.1% | 1.6% | -4.3% |
In 2024, M2I achieves revenue of 32.8 M€. Revenue is growing positively over 7 years (CAGR: +3.7%). Vs 2021: +4%. After deducting consumption (3 k€), gross margin stands at 32.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -9.1 M€, representing -27.7% of revenue. Warning negative scissor effect: despite revenue change (+4%), EBITDA varies by -78%, reducing margin by 11.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11.5 M€, i.e. 35.2% of revenue. This profit can be retained or distributed to shareholders.
32 768 051 €
32 764 580 €
-9 080 660 €
-10 066 491 €
11 524 811 €
-27.5%
The debt ratio (= Financial debt / Equity x 100) stands at 318%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 38.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
318.134%
15.38%
38.836%
2.089
19.8%
In 2024, the debt ratio of M2I (318.13) 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 2024, the financial autonomy of M2I (15.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of M2I (2.09) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 157.21. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
157.214
-16.636
In 2024, the liquidity ratio of M2I (157.21) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of M2I (-16.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Overall, WCR represents 129 days of revenue, i.e. 11.8 M€ to permanently finance. Over 2016-2024, WCR increased by +157%, requiring additional financing.
11 774 216 €
52 j
64 j
0 j
129 j
Based on 134 transactions of similar company sales (all years), the value of M2I is estimated at 20 566 698 € (range 7 395 826€ - 86 960 060€). The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 134 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 M2I with other companies in the same sector:
Voir toutes les statistiques du secteur Autres enseignements
The revenue of M2I in 2024 is 32.8 M€.
Yes, M2I generated a net profit of 11.5 M€ in 2024.
The headquarters of M2I is located in COURBEVOIE (92400), in the department Hauts-de-Seine.
The tax return of M2I 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).
M2I operates in the sector Autres enseignements (NAF code 85.59B). See the 'Sector positioning' section above to compare the company with its competitors.