SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE : revenue, balance sheet and financial ratios

SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE is a French company founded 6 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in MONTPELLIER (34000), this company of category ETI shows in 2024 a revenue of 15.1 M€. 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 - SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE (SIREN 852828367)
Indicator 2024 2023 2022 2021
Revenue 15 149 515 € 14 266 023 € 11 921 724 € 7 173 516 €
Net income -11 326 936 € -12 610 280 € -7 078 927 € -8 018 994 €
EBITDA -8 771 898 € -10 794 007 € -7 544 020 € -4 675 108 €
Net margin -74.8% -88.4% -59.4% -111.8%

Revenue and income statement

In 2024, SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE achieves revenue of 15.1 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +28.3%. Vs 2023: +6%. After deducting consumption (516 k€), gross margin stands at 14.6 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -8.8 M€, representing -57.9% of revenue. Positive scissor effect: EBITDA margin improves by +17.8 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -11.3 M€ (-74.8% 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

15 149 515 €

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

14 633 695 €

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

-8 771 898 €

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

-10 843 702 €

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

-11 326 936 €

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

-28.9%

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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 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.4%

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

61.189%

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

-32.753%

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

-0.01

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

85.2%

Solvency indicators evolution
SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE

Sector positioning

Debt ratio
0.4 2024
2022
2023
2024
Q1: 0.0
Med: 1.0
Q3: 50.08
Good

In 2024, the debt ratio of SOCIETE PUBLIQUE LOCALE A... (0.40) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
61.19% 2024
2022
2023
2024
Q1: 3.49%
Med: 23.63%
Q3: 43.9%
Excellent -7 pts over 3 years

In 2024, the financial autonomy of SOCIETE PUBLIQUE LOCALE A... (61.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.08 years
Excellent

In 2024, the repayment capacity of SOCIETE PUBLIQUE LOCALE A... (-0.01) 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 328.40. 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

328.399

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

-14.909

Liquidity indicators evolution
SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE

Sector positioning

Liquidity ratio
328.4 2024
2022
2023
2024
Q1: 103.71
Med: 133.95
Q3: 202.29
Excellent

In 2024, the liquidity ratio of SOCIETE PUBLIQUE LOCALE A... (328.40) 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
-14.91x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 6.25x
Watch

In 2024, the interest coverage of SOCIETE PUBLIQUE LOCALE A... (-14.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 157 days of revenue, i.e. 6.6 M€ to permanently finance. Over 2021-2024, WCR increased by +137%, 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

6 625 034 €

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

69 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

79 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

2 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

157 j

WCR and payment terms evolution
SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE

Positioning of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE is estimated at 2 268 342 € (range 1 455 521€ - 7 069 845€). The price/revenue ratio is 0.15x (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
205 transactions
1455k€ 2268k€ 7069k€
2 268 342 € Range: 1 455 521€ - 7 069 845€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
15 149 515 € × 0.15x = 2 268 342 €
Range: 1 455 521€ - 7 069 846€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Services auxiliaires des transports aériens)

Compare SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE

What is the revenue of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE ?

The revenue of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE in 2024 is 15.1 M€.

Is SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE profitable?

SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE recorded a net loss in 2024.

Where is the headquarters of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE ?

The headquarters of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE is located in MONTPELLIER (34000), in the department Herault.

Where to find the tax return of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE ?

The tax return of SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE 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 SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE operate?

SOCIETE PUBLIQUE LOCALE AEROPORTUAIRE REGIONALE operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.