SIREN : 489895821
SPARTOO is a French company founded 20 years ago, specialized in the sector Vente à distance sur catalogue spécialisé. Based in GRENOBLE (38100), this company of category ETI shows in 2024 a revenue of 103.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 187 556 € | 116 820 417 € | 125 922 935 € | 128 439 725 € | 117 294 803 € | 114 550 404 € | 108 432 919 € | 109 593 136 € |
| Net income | -3 435 250 € | -7 663 216 € | -6 928 896 € | 399 261 € | -9 830 168 € | 1 854 742 € | -598 089 € | 1 455 940 € |
| EBITDA | 4 086 636 € | 3 663 921 € | 114 389 € | -14 973 729 € | 8 765 431 € | 4 677 177 € | 3 661 487 € | 3 584 358 € |
| Net margin | -3.3% | -6.6% | -5.5% | 0.3% | -8.4% | 1.6% | -0.6% | 1.3% |
In 2024, SPARTOO achieves revenue of 103.2 M€. Activity remains stable over the period (CAGR: -0.9%). Significant drop of -12% vs 2023. After deducting consumption (58.2 M€), gross margin stands at 45.0 M€, i.e. a rate of 44%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.1 M€, representing 4.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -3.4 M€ (-3.3% of revenue), which will impact equity.
103 187 556 €
45 001 828 €
4 086 636 €
1 509 087 €
-3 435 250 €
4.0%
The debt ratio (= Financial debt / Equity x 100) stands at 94%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
94.089%
31.071%
2.808%
8.234
42.2%
In 2024, the debt ratio of SPARTOO (94.09) 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 SPARTOO (31.1%) 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 SPARTOO (8.23) 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 223.44. 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 14.9x. Operating income very largely covers interest expenses: high safety margin.
223.443
14.884
In 2024, the liquidity ratio of SPARTOO (223.44) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of SPARTOO (14.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 155 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 151 days of revenue, i.e. 43.2 M€ to permanently finance.
43 246 937 €
26 j
62 j
155 j
151 j
Based on 121 transactions of similar company sales (all years), the value of SPARTOO is estimated at 18 582 650 € (range 9 610 828€ - 41 291 542€). With an EBITDA of 4 086 636€, the sector multiple of 3.2x is applied. The price/revenue ratio is 0.27x (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 121 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 SPARTOO with other companies in the same sector:
Voir toutes les statistiques du secteur Vente à distance sur catalogue spécialisé
The revenue of SPARTOO in 2024 is 103.2 M€.
SPARTOO recorded a net loss in 2024.
The headquarters of SPARTOO is located in GRENOBLE (38100), in the department Isere.
The tax return of SPARTOO 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).
SPARTOO operates in the sector Vente à distance sur catalogue spécialisé (NAF code 47.91B). See the 'Sector positioning' section above to compare the company with its competitors.