SIGFOX UNLIMITED : revenue, balance sheet and financial ratios

SIGFOX UNLIMITED is a French company founded 9 years ago, specialized in the sector Ingénierie, études techniques. Based in LABEGE (31670), this company of category PME shows in 2020 a revenue of 155 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SIGFOX UNLIMITED (SIREN 824211551)
Indicator 2020 2019 2018 2017
Revenue 155 484 € 4 920 716 € 3 419 098 € 888 974 €
Net income -109 440 € 704 743 € 933 425 € 137 747 €
EBITDA -76 894 € 1 040 116 € 1 362 325 € 200 727 €
Net margin -70.4% 14.3% 27.3% 15.5%

Revenue and income statement

In 2020, SIGFOX UNLIMITED achieves revenue of 155 k€. Revenue is declining over the period 2017-2020 (CAGR: -44.1%). Significant drop of -97% vs 2019. After deducting consumption (9 k€), gross margin stands at 146 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -77 k€, representing -49.5% of revenue. Warning negative scissor effect: despite revenue change (-97%), EBITDA varies by -107%, reducing margin by 70.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -109 k€ (-70.4% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

155 484 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

146 460 €

EBITDA (2020) ?
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

-76 894 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-129 266 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-109 440 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-49.5%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

96.925%

Financial autonomy (2020) ?
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

38.565%

Cash flow / Revenue (2020) ?
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

-47.275%

Repayment capacity (2020) ?
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

-23.348

Solvency indicators evolution
SIGFOX UNLIMITED

Sector positioning

Debt ratio
96.92 2020
2018
2019
2020
Q1: 0.0
Med: 11.19
Q3: 69.72
Average

In 2020, the debt ratio of SIGFOX UNLIMITED (96.92) 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
38.56% 2020
2018
2019
2020
Q1: 10.17%
Med: 35.02%
Q3: 59.62%
Good +20 pts over 3 years

In 2020, the financial autonomy of SIGFOX UNLIMITED (38.6%) 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
-23.35 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 1.16 years
Excellent -40 pts over 3 years

In 2020, the repayment capacity of SIGFOX UNLIMITED (-23.35) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 415.72. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

415.717

Interest coverage (2020) ?
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

-3.637

Liquidity indicators evolution
SIGFOX UNLIMITED

Sector positioning

Liquidity ratio
415.72 2020
2018
2019
2020
Q1: 149.47
Med: 235.31
Q3: 397.06
Excellent +48 pts over 3 years

In 2020, the liquidity ratio of SIGFOX UNLIMITED (415.72) 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
-3.64x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.86x
Average -28 pts over 3 years

In 2020, the interest coverage of SIGFOX UNLIMITED (-3.6x) 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: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 955 days. Excellent situation: suppliers finance 943 days of the operating cycle (retail model). Overall, WCR represents 10415 days of revenue, i.e. 4.5 M€ to permanently finance. Over 2017-2020, WCR increased by +334%, requiring additional financing.

Operating WCR (2020) ?
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

4 498 325 €

Customer credit (2020) ?
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

12 j

Supplier credit (2020) ?
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

955 j

Inventory turnover (2020) ?
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 (2020) ?
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

10415 j

WCR and payment terms evolution
SIGFOX UNLIMITED

Positioning of SIGFOX UNLIMITED in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (36 transactions). This range of 40 781€ to 76 625€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2020
Indicative
40k€ 60k€ 76k€
60 097 € Range: 40 781€ - 76 625€
NAF 5 année 2020

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 36 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 (Ingénierie, études techniques)

Compare SIGFOX UNLIMITED with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about SIGFOX UNLIMITED

What is the revenue of SIGFOX UNLIMITED ?

The revenue of SIGFOX UNLIMITED in 2020 is 155 k€.

Is SIGFOX UNLIMITED profitable?

SIGFOX UNLIMITED recorded a net loss in 2020.

Where is the headquarters of SIGFOX UNLIMITED ?

The headquarters of SIGFOX UNLIMITED is located in LABEGE (31670), in the department Haute-Garonne.

Where to find the tax return of SIGFOX UNLIMITED ?

The tax return of SIGFOX UNLIMITED 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 SIGFOX UNLIMITED operate?

SIGFOX UNLIMITED operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.