SMART RX : revenue, balance sheet and financial ratios

Revenue 2024 40,1 M€ -20 % vs 2023
EBITDA 2024 -3,2 M€
Net income 2024 -10,7 M€

SMART RX is a French company founded 39 years ago, specialized in the sector Réparation d'ordinateurs et d'équipements périphériques. Based in BOULOGNE-BILLANCOURT (92100), this company of category ETI shows in 2024 a revenue of 40,1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

At a glance (2024) : revenue 40,1 M€, EBITDA -3,2 M€ (-8.1 % of revenue), net income -10,7 M€. Balance sheet : equity -5,9 M€, financial debt 23,8 M€, cash 2,3 M€.

Data updated on 2026-09-19

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

Synthèse

Santé financière : Fragile

Signal structurel : capitaux propres négatifs ; exploitation déficitaire (EBE négatif).

In summary, SMART RX is currently loss-making, which weighs on its accounts. Its financial structure is severely weakened: equity is negative. Point of attention: short-term liquidity is tight.

Financial history - SMART RX (SIREN 342280609) · amounts in thousands of euros (€k)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 40 136 49 982 46 708 49 578 25 295 28 501 29 294 31 188 41 329
Net income -10 734 -3 537 -15 765 -8 273 -3 977 -5 141 -6 993 -5 227 -5 755
EBITDA -3 244 -1 395 -1 358 106 -758 -1 067 -4 475 -2 782 -4 290
Gross margin 31 829 38 531 35 459 35 906 25 231 28 041 28 581 29 887 31 620
Operating income -9 351 -3 345 -2 365 -1 735 -3 248 -4 635 -6 286 -4 615 -5 675
Net margin -26,7 % -7,1 % -33,8 % -16,7 % -15,7 % -18,0 % -23,9 % -16,8 % -13,9 %
Equity -5 863 4 871 8 408 24 173 -2 442 1 535 6 676 -9 331 -4 104
Financial debt 23 789 21 039 19 238 15 877 37 688 625 608 11 638 6 151
Cash 2 270 2 225 2 095 2 331 2 711 12 735 16 048 124 207
Tax returns Download accounts (CSV / Excel)

Revenue and income statement

In 2024, SMART RX achieves revenue of 40.1 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.2%. Significant drop of -20% vs 2023. After deducting consumption (8.3 M€), gross margin stands at 31.8 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -3.2 M€, representing -8.1% of revenue. Le chiffre d'affaires recule de 20 % et l'EBE de 133 % : les charges n'ont pas baissé au même rythme que l'activité, ce qui réduit la marge de 5,3 points. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -10.7 M€ (-26.7% of revenue), which will impact equity.

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

40 135 770 €

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

31 829 157 €

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

-3 243 664 €

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

-9 351 336 €

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

-10 733 861 €

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

-8,1 %

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

Warning: the company shows negative equity (accumulated losses exceed its capital). This is a major financial weakness which makes debt and autonomy ratios non-meaningful.

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

Non significatif

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

Non significatif

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

-1,5 %

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

-40,5 ans

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

16,1 %

Solvency indicators evolution
SMART RX

Sector positioning

Debt ratio
431,9% 2023
Q1: 0,0%
Med: 10,7%
Q3: 52,6%
Watch 228,8 % → 431,9 % depuis 2022

In 2023, the debt ratio of SMART RX (431,9%) fait partie des 25 % les plus élevés du secteur. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
7,9% 2023
Q1: 7,5%
Med: 33,6%
Q3: 54,5%
Average 13,2 % → 7,9 % depuis 2022

In 2023, the financial autonomy of SMART RX (7,9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 0.68. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

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

0,68

Liquidity indicators evolution
SMART RX

Sector positioning

Liquidity ratio
0,68 2024
Q1: 1,27
Med: 1,94
Q3: 3,88
Watch 0,9 → 0,7 depuis 2022

In 2024, the liquidity ratio of SMART RX (0,68) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Excellent situation: suppliers finance 39 days of the operating cycle (retail model). Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-19 days): operations structurally generate cash. Between 2021 and 2024, WCR improved by 15 days of revenue, freeing up cash.

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

-2 065 788 €

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

30 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

69 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

14 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

-19 j

WCR and payment terms evolution
SMART RX

Positioning of SMART RX in its sector

Comparison with sector Réparation d'ordinateurs et d'équipements périphériques

Similar companies (Réparation d'ordinateurs et d'équipements périphériques)

Compare SMART RX with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'ordinateurs et d'équipements périphériques

Top companies in Réparation d'ordinateurs et d'équipements périphériques

Largest companies by revenue in the sector Réparation d'ordinateurs et d'équipements périphériques:

Top companies in Hauts-de-Seine

Largest companies by revenue in the department Hauts-de-Seine:

Voir le classement complet du département Hauts-de-Seine

Frequently asked questions about SMART RX

What is the revenue of SMART RX ?

The revenue of SMART RX in 2024 is 40,1 M€.

Is SMART RX profitable?

SMART RX recorded a net loss in 2024.

Where is the headquarters of SMART RX ?

The headquarters of SMART RX is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.

Where to find the tax return of SMART RX ?

The tax return of SMART RX 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 SMART RX operate?

SMART RX operates in the sector Réparation d'ordinateurs et d'équipements périphériques (NAF code 95.11Z). See the 'Sector positioning' section above to compare the company with its competitors.