SIREN : 953173564
PASSMAN CONNECT is a French company founded 2 years ago, specialized in the sector Gestion de fonds. Based in VILLEURBANNE (69100), this company of category PME shows in 2024 a revenue of 2.1 M€. 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 | 2024 | 2023 | 2023 |
|---|---|---|---|
| Revenue | 2 085 904 € | 569 403 € | N/C |
| Net income | -11 803 615 € | -2 646 167 € | -414 960 € |
| EBITDA | 20 950 € | -116 813 € | -1 270 128 € |
| Net margin | -565.9% | -464.7% | N/C |
In 2024, PASSMAN CONNECT achieves revenue of 2.1 M€. Over the period 2023-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +266.3%. Vs 2023, growth of +266% (569 k€ -> 2.1 M€). After deducting consumption (0 €), gross margin stands at 2.1 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 21 k€, representing 1.0% of revenue. Positive scissor effect: EBITDA margin improves by +21.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -11.8 M€ (-565.9% of revenue), which will impact equity.
2 085 904 €
2 085 904 €
20 950 €
-142 648 €
-11 803 615 €
1.0%
The debt ratio (= Financial debt / Equity x 100) stands at 189%. 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 34%. The balance between equity and debt is satisfactory.
189.499%
34.462%
-538.063%
-14.53
In 2024, the debt ratio of PASSMAN CONNECT (189.50) 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 PASSMAN CONNECT (34.5%) 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 2024, the repayment capacity of PASSMAN CONNECT (-14.53) 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 14266.63. 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 77615.7x. Operating income very largely covers interest expenses: high safety margin.
14266.634
77615.737
In 2024, the liquidity ratio of PASSMAN CONNECT (14266.63) 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 2024, the interest coverage of PASSMAN CONNECT (77615.7x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 360 days. Excellent situation: suppliers finance 360 days of the operating cycle (retail model). Overall, WCR represents 14126 days of revenue, i.e. 81.8 M€ to permanently finance.
81 847 723 €
0 j
360 j
0 j
14126 j
Based on 62 transactions of similar company sales
in 2024,
the value of PASSMAN CONNECT is estimated at
300 937 €
(range 142 745€ - 804 429€).
With an EBITDA of 20 950€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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 62 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 PASSMAN CONNECT with other companies in the same sector:
The revenue of PASSMAN CONNECT in 2024 is 2.1 M€.
PASSMAN CONNECT recorded a net loss in 2024.
The headquarters of PASSMAN CONNECT is located in VILLEURBANNE (69100), in the department Rhone.
The tax return of PASSMAN CONNECT 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).
PASSMAN CONNECT operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.