SIREN : 903529972
MA4 is a French company founded 4 years ago, specialized in the sector Gestion de fonds. Based in BORDEAUX (33000), this company of category PME shows in 2023 a revenue of 301 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 300 600 € | 200 000 € | N/C |
| Net income | -37 532 € | -55 590 € | -416 697 € |
| EBITDA | 189 945 € | 108 444 € | -394 579 € |
| Net margin | -12.5% | -27.8% | N/C |
In 2023, MA4 achieves revenue of 301 k€. Over the period 2022-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +50.3%. Vs 2022, growth of +50% (200 k€ -> 301 k€). After deducting consumption (0 €), gross margin stands at 301 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 190 k€, representing 63.2% of revenue. Positive scissor effect: EBITDA margin improves by +9.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -38 k€ (-12.5% of revenue), which will impact equity.
300 600 €
300 600 €
189 945 €
103 021 €
-37 532 €
63.2%
The debt ratio (= Financial debt / Equity x 100) stands at 163%. 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 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 21.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 54.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
163.424%
37.643%
54.385%
21.904
91.3%
In 2023, the debt ratio of MA4 (163.42) 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 MA4 (37.6%) 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 2023, the repayment capacity of MA4 (21.90) 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 7930.51. 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 24.1x. Operating income very largely covers interest expenses: high safety margin.
7930.509
24.093
In 2023, the liquidity ratio of MA4 (7930.51) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2023, the interest coverage of MA4 (24.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 106 days. Excellent situation: suppliers finance 63 days of the operating cycle (retail model). Overall, WCR represents 3638 days of revenue, i.e. 3.0 M€ to permanently finance.
3 037 806 €
43 j
106 j
0 j
3638 j
Based on 77 transactions of similar company sales
in 2023,
the value of MA4 is estimated at
712 365 €
(range 365 280€ - 1 000 394€).
With an EBITDA of 189 945€, the sector multiple of 5.5x is applied.
The price/revenue ratio is 0.50x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 77 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 MA4 with other companies in the same sector:
The revenue of MA4 in 2023 is 301 k€.
MA4 recorded a net loss in 2023.
The headquarters of MA4 is located in BORDEAUX (33000), in the department Gironde.
The tax return of MA4 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).
MA4 operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.