PARC DES EXPOSITIONS DE LA BEAUJOIRE : revenue, balance sheet and financial ratios

In 2024, PARC DES EXPOSITIONS DE LA BEAUJOIRE achieves revenue of 1.9 M€. Activity remains stable over the period (CAGR: -1.8%). Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 1.9 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 1.2 M€, representing 63.5% of revenue. Positive scissor effect: EBITDA margin improves by +9.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -1.5 M€ (-77.1% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 660%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 56.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 163.47. 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 12.7x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 393 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 243 days. The gap of 150 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 125 days of revenue, i.e. 651 k€ to permanently finance. Over 2016-2024, WCR increased by +12109%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of PARC DES EXPOSITIONS DE LA BEAUJOIRE is estimated at 4 749 973 € (range 1 324 167€ - 8 523 571€). With an EBITDA of 1 194 592€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.