SIREN : 391825874
SPAM is a French company founded 32 years ago, specialized in the sector Organisation de foires, salons professionnels et congrès. Based in LIMAY (78520), this company of category PME shows in 2022 a revenue of 920 k€. 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 920 425 € | 686 001 € | 363 536 € | 802 273 € | 723 427 € | 775 697 € | 734 779 € | 707 940 € |
| Net income | 150 284 € | 98 703 € | -97 484 € | 61 877 € | -60 811 € | -29 475 € | -72 374 € | -4 024 € |
| EBITDA | 522 353 € | 444 471 € | 82 874 € | 384 949 € | 254 842 € | 304 625 € | 238 696 € | 218 722 € |
| Net margin | 16.3% | 14.4% | -26.8% | 7.7% | -8.4% | -3.8% | -9.8% | -0.6% |
In 2022, SPAM achieves revenue of 920 k€. Revenue is growing positively over 8 years (CAGR: +3.8%). Vs 2021, growth of +34% (686 k€ -> 920 k€). After deducting consumption (0 €), gross margin stands at 920 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 522 k€, representing 56.8% of revenue. Warning negative scissor effect: despite revenue change (+34%), EBITDA varies by +18%, reducing margin by 8.0 pts. This reflects costs rising faster than 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 150 k€, i.e. 16.3% of revenue. This profit can be retained or distributed to shareholders.
920 425 €
920 425 €
522 353 €
154 180 €
150 284 €
56.8%
The debt ratio (= Financial debt / Equity x 100) stands at 91%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
90.523%
22.955%
18.635%
0.32
23.2%
In 2022, the debt ratio of SPAM (90.52) 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 2022, the financial autonomy of SPAM (22.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2022, the repayment capacity of SPAM (0.32) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 116.63. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
116.628
0.253
In 2022, the liquidity ratio of SPAM (116.63) 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.
In 2022, the interest coverage of SPAM (0.2x) 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: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. Favorable situation: supplier credit is longer than customer credit by 16 days. WCR is negative (-28 days): operations structurally generate cash. Notable WCR improvement over the period (-126%), freeing up cash.
-72 042 €
7 j
23 j
0 j
-28 j
Based on 63 transactions of similar company sales
(all years),
the value of SPAM is estimated at
649 071 €
(range 298 987€ - 2 147 061€).
With an EBITDA of 522 353€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.68x
(in line with sector norms).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 63 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 SPAM with other companies in the same sector:
Voir toutes les statistiques du secteur Organisation de foires, salons professionnels et congrès
The revenue of SPAM in 2022 is 920 k€.
Yes, SPAM generated a net profit of 150 k€ in 2022.
The headquarters of SPAM is located in LIMAY (78520), in the department Yvelines.
The tax return of SPAM 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).
SPAM operates in the sector Organisation de foires, salons professionnels et congrès (NAF code 82.30Z). See the 'Sector positioning' section above to compare the company with its competitors.