SIREN : 788434702
SHIRO GAMES is a French company founded 13 years ago, specialized in the sector Édition de jeux électroniques. Based in BORDEAUX (33300), this company of category PME shows in 2024 a revenue of 15.2 M€. 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 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 15 215 618 € | 16 986 437 € | 14 933 966 € | 7 177 534 € | 6 853 297 € | 5 023 540 € |
| Net income | 12 233 104 € | 9 946 385 € | 7 943 148 € | 5 045 648 € | 3 058 848 € | 2 301 128 € |
| EBITDA | 11 696 943 € | 13 191 584 € | 8 251 182 € | 4 552 493 € | 4 084 443 € | 2 423 429 € |
| Net margin | 80.4% | 58.6% | 53.2% | 70.3% | 44.6% | 45.8% |
In 2024, SHIRO GAMES achieves revenue of 15.2 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +24.8%. Significant drop of -10% vs 2023. After deducting consumption (7 k€), gross margin stands at 15.2 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 11.7 M€, representing 76.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12.2 M€, i.e. 80.4% of revenue. This profit can be retained or distributed to shareholders.
15 215 618 €
15 208 375 €
11 696 943 €
10 317 651 €
12 233 104 €
75.2%
The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 88.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
38.073%
63.238%
87.98%
0.421
41.6%
In 2024, the debt ratio of SHIRO GAMES (38.07) 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 SHIRO GAMES (63.2%) 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.
In 2024, the repayment capacity of SHIRO GAMES (0.42) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1473.36. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
1473.362
0.524
In 2024, the liquidity ratio of SHIRO GAMES (1473.36) 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 SHIRO GAMES (0.5x) 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 1 days of gap between collections and payments. Overall, WCR represents 179 days of revenue, i.e. 7.6 M€ to permanently finance. Over 2019-2024, WCR increased by +379%, requiring additional financing.
7 574 639 €
50 j
49 j
0 j
179 j
Based on 103 transactions of similar company sales (all years), the value of SHIRO GAMES is estimated at 9 786 128 € (range 3 473 107€ - 30 703 678€). With an EBITDA of 11 696 943€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.25x (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.
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This estimate is based on the analysis of 103 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 SHIRO GAMES with other companies in the same sector:
Voir toutes les statistiques du secteur Édition de jeux électroniques
The revenue of SHIRO GAMES in 2024 is 15.2 M€.
Yes, SHIRO GAMES generated a net profit of 12.2 M€ in 2024.
The headquarters of SHIRO GAMES is located in BORDEAUX (33300), in the department Gironde.
The tax return of SHIRO GAMES 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).
SHIRO GAMES operates in the sector Édition de jeux électroniques (NAF code 58.21Z). See the 'Sector positioning' section above to compare the company with its competitors.