SIREN : 343404331
MANIFESTO FACTORY is a French company founded 38 years ago, specialized in the sector Activités des agences de publicité. Based in PARIS (75009), this company of category ETI shows in 2021 a revenue of 6.3 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 | 2021 | 2020 | 2019 | 2017 | 2017 |
|---|---|---|---|---|---|
| Revenue | 6 302 180 € | 4 675 031 € | 7 384 852 € | 3 701 634 € | 10 253 050 € |
| Net income | -7 564 € | -373 186 € | -357 516 € | -508 872 € | 266 438 € |
| EBITDA | 199 678 € | -216 051 € | 84 514 € | -399 658 € | 745 501 € |
| Net margin | -0.1% | -8.0% | -4.8% | -13.7% | 2.6% |
In 2021, MANIFESTO FACTORY achieves revenue of 6.3 M€. Revenue is declining over the period 2017-2021 (CAGR: -11.5%). Vs 2020, growth of +35% (4.7 M€ -> 6.3 M€). After deducting consumption (4.4 M€), gross margin stands at 1.9 M€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 200 k€, representing 3.2% of revenue. Positive scissor effect: EBITDA margin improves by +7.8 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -8 k€ (-0.1% of revenue), which will impact equity.
6 302 180 €
1 919 083 €
199 678 €
106 094 €
-7 564 €
3.2%
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 24%. The balance between equity and debt is satisfactory.
163.4%
24.322%
-0.854%
-47.159
18.3%
In 2021, the debt ratio of MANIFESTO FACTORY (163.40) 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 2021, the financial autonomy of MANIFESTO FACTORY (24.3%) 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 2021, the repayment capacity of MANIFESTO FACTORY (-47.16) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 205.43. 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 166.2x. Operating income very largely covers interest expenses: high safety margin.
205.432
166.189
In 2021, the liquidity ratio of MANIFESTO FACTORY (205.43) 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 2021, the interest coverage of MANIFESTO FACTORY (166.2x) 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: 93 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 171 days of revenue, i.e. 3.0 M€ to permanently finance. Over 2017-2021, WCR increased by +88%, requiring additional financing.
2 995 741 €
93 j
86 j
83 j
171 j
Based on 68 transactions of similar company sales
(all years),
the value of MANIFESTO FACTORY is estimated at
889 029 €
(range 323 328€ - 2 314 441€).
With an EBITDA of 199 678€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.22x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 68 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 MANIFESTO FACTORY with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de publicité
The revenue of MANIFESTO FACTORY in 2021 is 6.3 M€.
MANIFESTO FACTORY recorded a net loss in 2021.
The headquarters of MANIFESTO FACTORY is located in PARIS (75009), in the department Paris.
The tax return of MANIFESTO FACTORY 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).
MANIFESTO FACTORY operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.