SIREN : 422655787
TANGOE is a French company founded 27 years ago, specialized in the sector Programmation informatique. Based in PARIS (75008), this company of category PME shows in 2024 a revenue of 4.2 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 245 455 € | 4 278 277 € | 4 297 918 € | 4 926 290 € | 5 622 579 € | 6 006 778 € | 6 109 962 € | 5 477 041 € | 5 815 818 € |
| Net income | 1 474 511 € | 1 534 328 € | 1 145 696 € | 1 492 083 € | 647 719 € | 1 767 717 € | 823 727 € | -875 619 € | -1 694 825 € |
| EBITDA | 1 461 382 € | 1 427 275 € | 1 400 951 € | 1 977 185 € | 1 695 966 € | 2 204 498 € | 1 826 027 € | -131 115 € | -348 405 € |
| Net margin | 34.7% | 35.9% | 26.7% | 30.3% | 11.5% | 29.4% | 13.5% | -16.0% | -29.1% |
In 2024, TANGOE achieves revenue of 4.2 M€. Activity remains stable over the period (CAGR: -3.9%). Slight decline of -1% vs 2023. After deducting consumption (0 €), gross margin stands at 4.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 34.4% of 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 1.5 M€, i.e. 34.7% of revenue. This profit can be retained or distributed to shareholders.
4 245 455 €
4 245 455 €
1 461 382 €
1 271 250 €
1 474 511 €
34.4%
The debt ratio (= Financial debt / Equity x 100) stands at 14%. 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 41.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
14.421%
75.589%
41.335%
0.703
27.2%
In 2024, the debt ratio of TANGOE (14.42) 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 TANGOE (75.6%) 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.
In 2024, the repayment capacity of TANGOE (0.70) 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 1109.40. 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 8.4x. Operating income very largely covers interest expenses: high safety margin.
1109.405
8.377
In 2024, the liquidity ratio of TANGOE (1109.40) 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.
In 2024, the interest coverage of TANGOE (8.4x) 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 147 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Overall, WCR represents 797 days of revenue, i.e. 9.4 M€ to permanently finance. Over 2016-2024, WCR increased by +326%, requiring additional financing.
9 395 786 €
88 j
147 j
0 j
797 j
Based on 120 transactions of similar company sales (all years), the value of TANGOE is estimated at 2 605 554 € (range 1 176 066€ - 7 068 864€). With an EBITDA of 1 461 382€, the sector multiple of 2.2x 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 120 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 TANGOE with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of TANGOE in 2024 is 4.2 M€.
Yes, TANGOE generated a net profit of 1.5 M€ in 2024.
The headquarters of TANGOE is located in PARIS (75008), in the department Paris.
The tax return of TANGOE 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).
TANGOE operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.