MARKET ACADEMY : revenue, balance sheet and financial ratios
MARKET ACADEMY is a French company
founded 12 years ago,
specialized in the sector Programmation informatique.
Based in AIX-EN-PROVENCE (13290),
this company of category GE
shows in 2023 a revenue of 1.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MARKET ACADEMY (SIREN 798979704)
Indicator
2023
2022
2021
2020
2019
Revenue
1 645 624 €
1 291 234 €
996 069 €
927 106 €
956 866 €
Net income
235 277 €
219 271 €
240 761 €
152 685 €
138 323 €
EBITDA
347 552 €
329 662 €
236 105 €
160 148 €
194 156 €
Net margin
14.3%
17.0%
24.2%
16.5%
14.5%
Revenue and income statement
In 2023, MARKET ACADEMY achieves revenue of 1.6 M€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +14.5%. Vs 2022, growth of +27% (1.3 M€ -> 1.6 M€). After deducting consumption (0 €), gross margin stands at 1.6 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 348 k€, representing 21.1% of revenue. Warning negative scissor effect: despite revenue change (+27%), EBITDA varies by +5%, reducing margin by 4.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 235 k€, i.e. 14.3% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2023)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 645 624 €
Gross margin (2023)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 645 624 €
EBITDA (2023)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
347 552 €
EBIT (2023)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
318 422 €
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
235 277 €
EBITDA margin (2023)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
21.1%
Loading income statement...
Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 46%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2023)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
45.681%
Financial autonomy (2023)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
55.186%
Cash flow / Revenue (2023)
?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
16.212%
Repayment capacity (2023)
?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
1.053
Asset age ratio (2023)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2023
Debt ratio
41.675
265.833
167.082
124.183
45.681
Financial autonomy
44.96
22.499
33.925
39.303
55.186
Repayment capacity
0.518
3.846
2.874
2.555
1.053
Cash flow / Revenue
17.477%
19.284%
23.041%
18.675%
16.212%
Sector positioning
Debt ratio
45.682023
2021
2022
2023
Q1: 0.0
Med: 4.03
Q3: 49.58
Average
In 2023, the debt ratio of MARKET ACADEMY (45.68) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
55.19%2023
2021
2022
2023
Q1: 3.98%
Med: 32.33%
Q3: 62.63%
Good+17 pts over 3 years
In 2023, the financial autonomy of MARKET ACADEMY (55.2%) 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.
Repayment capacity
1.05 years2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.46 years
Average
In 2023, the repayment capacity of MARKET ACADEMY (1.05) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 433.31. 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 2.3x. Financial charges are adequately covered by operations.
Liquidity ratio (2023)
?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
433.312
Interest coverage (2023)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
2.31
Liquidity indicators evolution MARKET ACADEMY
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2022
2023
Liquidity ratio
265.671
562.944
1260.652
772.653
433.312
Interest coverage
1.468
3.993
4.067
3.411
2.31
Sector positioning
Liquidity ratio
433.312023
2021
2022
2023
Q1: 129.22
Med: 247.92
Q3: 487.46
Good-6 pts over 3 years
In 2023, the liquidity ratio of MARKET ACADEMY (433.31) 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.
Interest coverage
2.31x2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.45x
Excellent
In 2023, the interest coverage of MARKET ACADEMY (2.3x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The gap of 70 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 67 days of revenue, i.e. 307 k€ to permanently finance. Over 2019-2023, WCR increased by +732%, requiring additional financing.
Operating WCR (2023)
?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
307 008 €
Customer credit (2023)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
80 j
Supplier credit (2023)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
10 j
Inventory turnover (2023)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR in days of revenue (2023)
?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
67 j
WCR and payment terms evolution MARKET ACADEMY
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2023
Operating WCR
-48 571 €
-19 033 €
60 481 €
222 234 €
307 008 €
Inventory turnover (days)
0
0
0
0
0
Customer payment term (days)
43
39
36
78
80
Supplier payment term (days)
3
5
5
7
10
Positioning of MARKET ACADEMY in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of MARKET ACADEMY is estimated at
621 804 €
(range 287 432€ - 1 670 681€).
With an EBITDA of 347 552€, the sector multiple of 2.2x is applied.
The price/revenue ratio is 0.27x
(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.
Estimated enterprise value2023
120 transactions
287k€621k€1670k€
621 804 €Range: 287 432€ - 1 670 681€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
347 552 €×2.2x
Estimation772 861 €
335 364€ - 2 126 035€
Revenue Multiple30%
1 645 624 €×0.27x
Estimation446 965 €
252 663€ - 1 093 129€
Net Income Multiple20%
235 277 €×2.2x
Estimation506 426 €
219 759€ - 1 398 625€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 120 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Programmation informatique)
Compare MARKET ACADEMY with other companies in the same sector:
Yes, MARKET ACADEMY generated a net profit of 235 k€ in 2023.
Where is the headquarters of MARKET ACADEMY ?
The headquarters of MARKET ACADEMY is located in AIX-EN-PROVENCE (13290), in the department Bouches-du-Rhone.
Where to find the tax return of MARKET ACADEMY ?
The tax return of MARKET ACADEMY 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).
In which sector does MARKET ACADEMY operate?
MARKET ACADEMY operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart