SIREN : 889506945
MAY ROUTE is a French company founded 5 years ago, specialized in the sector Transports routiers de fret interurbains. Based in GORRON (53120), this company of category PME shows in 2024 a revenue of 559 k€. 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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 558 513 € | 524 981 € | 534 213 € | 344 118 € |
| Net income | -120 704 € | -23 758 € | 3 968 € | 271 883 € |
| EBITDA | 2 427 € | -16 589 € | 17 122 € | -44 429 € |
| Net margin | -21.6% | -4.5% | 0.7% | 79.0% |
In 2024, MAY ROUTE achieves revenue of 559 k€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.5%. Vs 2023: +6%. After deducting consumption (0 €), gross margin stands at 559 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 2 k€, representing 0.4% of revenue. Positive scissor effect: EBITDA margin improves by +3.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -121 k€ (-21.6% of revenue), which will impact equity.
558 513 €
558 513 €
2 427 €
9 673 €
-120 704 €
0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 80%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
80.162%
52.602%
-21.335%
-12.206
16.4%
In 2024, the debt ratio of MAY ROUTE (80.16) 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 MAY ROUTE (52.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of MAY ROUTE (-12.21) 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 204.47. 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 5396.9x. Operating income very largely covers interest expenses: high safety margin.
204.465
5396.91
In 2024, the liquidity ratio of MAY ROUTE (204.47) 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 2024, the interest coverage of MAY ROUTE (5396.9x) 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: 186 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The gap of 133 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 145 days of revenue, i.e. 225 k€ to permanently finance. Over 2021-2024, WCR increased by +711%, requiring additional financing.
224 561 €
186 j
53 j
0 j
145 j
Based on 71 transactions of similar company sales
in 2024,
the value of MAY ROUTE is estimated at
48 870 €
(range 23 169€ - 83 040€).
With an EBITDA of 2 427€, the sector multiple of 0.9x is applied.
The price/revenue ratio is 0.23x
(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 71 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 MAY ROUTE with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret interurbains
The revenue of MAY ROUTE in 2024 is 559 k€.
MAY ROUTE recorded a net loss in 2024.
The headquarters of MAY ROUTE is located in GORRON (53120), in the department Mayenne.
The tax return of MAY ROUTE 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).
MAY ROUTE operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.