SECOND LIFE REAL ESTATE INVESTMENT MANAGERS : revenue, balance sheet and financial ratios

SECOND LIFE REAL ESTATE INVESTMENT MANAGERS is a French company founded 4 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in PARIS (75016), this company of category PME shows in 2024 a revenue of 514 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SECOND LIFE REAL ESTATE INVESTMENT MANAGERS (SIREN 910223197)
Indicator 2024 2023 2022
Revenue 514 338 € 1 407 296 € 185 650 €
Net income 53 602 € -4 271 € 4 121 €
EBITDA -157 684 € 670 691 € -59 090 €
Net margin 10.4% -0.3% 2.2%

Revenue and income statement

In 2024, SECOND LIFE REAL ESTATE INVESTMENT MANAGERS achieves revenue of 514 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +66.4%. Significant drop of -63% vs 2023. After deducting consumption (0 €), gross margin stands at 514 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 -158 k€, representing -30.7% of revenue. Warning negative scissor effect: despite revenue change (-63%), EBITDA varies by -124%, reducing margin by 78.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 54 k€, i.e. 10.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

514 338 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

514 338 €

EBITDA (2024) ?
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

-157 684 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-160 244 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

53 602 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-30.0%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 546%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 102.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 10.7% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

545.604%

Financial autonomy (2024) ?
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

15.078%

Cash flow / Revenue (2024) ?
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

10.707%

Repayment capacity (2024) ?
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

101.991

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

38.3%

Solvency indicators evolution
SECOND LIFE REAL ESTATE INVESTMENT MANAGERS

Sector positioning

Debt ratio
545.6 2024
2022
2023
2024
Q1: 0.0
Med: 9.88
Q3: 66.83
Average

In 2024, the debt ratio of SECOND LIFE REAL ESTATE I... (545.60) 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
15.08% 2024
2022
2023
2024
Q1: 3.12%
Med: 14.33%
Q3: 43.68%
Good

In 2024, the financial autonomy of SECOND LIFE REAL ESTATE I... (15.1%) 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
101.99 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.18 years
Q3: 4.28 years
Watch -7 pts over 3 years

In 2024, the repayment capacity of SECOND LIFE REAL ESTATE I... (101.99) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3184.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

3184.753

Interest coverage (2024) ?
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

-188.67

Liquidity indicators evolution
SECOND LIFE REAL ESTATE INVESTMENT MANAGERS

Sector positioning

Liquidity ratio
3184.75 2024
2022
2023
2024
Q1: 100.01
Med: 116.56
Q3: 409.44
Excellent

In 2024, the liquidity ratio of SECOND LIFE REAL ESTATE I... (3184.75) 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.

Interest coverage
-188.67x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 7.69x
Average

In 2024, the interest coverage of SECOND LIFE REAL ESTATE I... (-188.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The company must finance 28 days of gap between collections and payments. Overall, WCR represents 87 days of revenue, i.e. 124 k€ to permanently finance. Over 2022-2024, WCR increased by +353%, requiring additional financing.

Operating WCR (2024) ?
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

123 770 €

Customer credit (2024) ?
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

75 j

Supplier credit (2024) ?
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

47 j

Inventory turnover (2024) ?
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 (2024) ?
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

87 j

WCR and payment terms evolution
SECOND LIFE REAL ESTATE INVESTMENT MANAGERS

Positioning of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Based on 277 transactions of similar company sales (all years), the value of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS is estimated at 135 905 € (range 53 197€ - 339 422€). The price/revenue ratio is 0.29x (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 value 2024
277 transactions
53k€ 135k€ 339k€
135 905 € Range: 53 197€ - 339 422€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
514 338 € × 0.29x
Estimation 146 769 €
70 743€ - 320 192€
Net Income Multiple 20%
53 602 € × 2.2x
Estimation 119 610 €
26 880€ - 368 268€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 277 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 (Administration d'immeubles et autres biens immobiliers)

Compare SECOND LIFE REAL ESTATE INVESTMENT MANAGERS with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about SECOND LIFE REAL ESTATE INVESTMENT MANAGERS

What is the revenue of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS ?

The revenue of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS in 2024 is 514 k€.

Is SECOND LIFE REAL ESTATE INVESTMENT MANAGERS profitable?

Yes, SECOND LIFE REAL ESTATE INVESTMENT MANAGERS generated a net profit of 54 k€ in 2024.

Where is the headquarters of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS ?

The headquarters of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS is located in PARIS (75016), in the department Paris.

Where to find the tax return of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS ?

The tax return of SECOND LIFE REAL ESTATE INVESTMENT MANAGERS 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 SECOND LIFE REAL ESTATE INVESTMENT MANAGERS operate?

SECOND LIFE REAL ESTATE INVESTMENT MANAGERS operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.