SIREN : 820360253
QIWI is a French company founded 10 years ago, specialized in the sector Boulangerie et boulangerie-pâtisserie. Based in ECHIROLLES (38130), this company of category PME shows in 2021 a revenue of 699 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-08-01
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.
In summary, QIWI posts positive profitability over the latest financial year. Its financial structure is fragile, with debt above sector norms — a point to monitor.
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 699 087 € | N/C | N/C | N/C | N/C |
| Net income | 35 845 € | -37 592 € | 9 367 € | 5 067 € | 10 996 € |
| EBITDA | 76 113 € | N/C | N/C | N/C | N/C |
| Net margin | 5.1% | N/C | N/C | N/C | N/C |
In 2021, QIWI achieves revenue of 699 k€. After deducting consumption (252 k€), gross margin stands at 447 k€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 76 k€, representing 10.9% of revenue. This ratio is more favorable than the sector median (7.1%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.
699 087 €
446 819 €
76 113 €
50 267 €
35 845 €
10.8%
The debt ratio (= Financial debt / Equity x 100) stands at 323%. This ratio is less favorable than the sector median (66.3%) and warrants attention. Financial autonomy (= Equity / Total assets x 100) reaches 20%. This ratio is slightly less favorable than the sector median (35.7%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.3 years of cash flow to repay all financial debt. This ratio is slightly less favorable than the sector median (1.4 years). Cash flow represents 10.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is more favorable than the sector median (6.4%).
322.81%
19.58%
10.25%
3.28
37.7%
In 2021, the debt ratio of QIWI (322.8%) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2021, the financial autonomy of QIWI (19.6%) 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 QIWI (3.28) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1.73. This ratio is more favorable than the sector median (1.1). The interest coverage ratio (= EBIT / Interest expenses) is 4.4x. This ratio is more favorable than the sector median (1.4x).
1.73
4.37
In 2021, the liquidity ratio of QIWI (1.73) 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 2021, the interest coverage of QIWI (4.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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: 22 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 23 days of revenue, i.e. 45 k€ to permanently finance.
45 441 €
0 j
22 j
3 j
23 j
Based on 198 transactions of similar company sales in 2021, the value of QIWI is estimated at 434 500 € (range 285 810€ - 737 086€). With an EBITDA of 76 113€, the sector multiple of 6.0x is applied. The price/revenue ratio is 0.71x (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.
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This estimate is based on the analysis of 198 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 QIWI with other companies in the same sector:
Voir toutes les statistiques du secteur Boulangerie et boulangerie-pâtisserie
Largest companies by revenue in the sector Boulangerie et boulangerie-pâtisserie:
Largest companies by revenue in the department Isere:
The revenue of QIWI in 2021 is 699 k€.
Yes, QIWI generated a net profit of 36 k€ in 2021.
The headquarters of QIWI is located in ECHIROLLES (38130), in the department Isere.
The tax return of QIWI 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).
QIWI operates in the sector Boulangerie et boulangerie-pâtisserie (NAF code 10.71C). See the 'Sector positioning' section above to compare the company with its competitors.