SIREN : 440862431
THE TENTH DRIVE is a French company founded 24 years ago, specialized in the sector Restauration de type rapide. Based in TAVERS (45190), this company of category PME shows in 2024 a revenue of 3.2 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 | 3 218 297 € | 3 444 053 € | 3 294 306 € | 2 879 965 € | 2 357 792 € | 2 879 366 € | 2 661 556 € | 2 602 766 € | N/C |
| Net income | 190 136 € | 83 254 € | -42 524 € | 259 000 € | 22 350 € | 14 783 € | 221 764 € | 220 260 € | 186 518 € |
| EBITDA | 405 830 € | 295 882 € | 217 011 € | 486 083 € | 192 591 € | 210 194 € | 516 239 € | 531 492 € | N/C |
| Net margin | 5.9% | 2.4% | -1.3% | 9.0% | 0.9% | 0.5% | 8.3% | 8.5% | N/C |
In 2024, THE TENTH DRIVE achieves revenue of 3.2 M€. Revenue is growing positively over 9 years (CAGR: +3.1%). Slight decline of -7% vs 2023. After deducting consumption (805 k€), gross margin stands at 2.4 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 406 k€, representing 12.6% of revenue. Positive scissor effect: EBITDA margin improves by +4.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 190 k€, i.e. 5.9% of revenue. This profit can be retained or distributed to shareholders.
3 218 297 €
2 413 377 €
405 830 €
205 093 €
190 136 €
12.6%
The debt ratio (= Financial debt / Equity x 100) stands at 211%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
211.422%
16.923%
8.033%
1.627
27.5%
In 2024, the debt ratio of THE TENTH DRIVE (211.42) 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 THE TENTH DRIVE (16.9%) 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 THE TENTH DRIVE (1.63) 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 117.21. 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 1.6x. Coverage is limited: any activity downturn would jeopardize interest payments.
117.207
1.556
In 2024, the liquidity ratio of THE TENTH DRIVE (117.21) 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 THE TENTH DRIVE (1.6x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Excellent situation: suppliers finance 56 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 31 days of revenue, i.e. 278 k€ to permanently finance.
277 836 €
1 j
57 j
3 j
31 j
Based on 698 transactions of similar company sales in 2024, the value of THE TENTH DRIVE is estimated at 1 909 913 € (range 991 151€ - 3 562 597€). With an EBITDA of 405 830€, the sector multiple of 5.4x is applied. The price/revenue ratio is 0.57x (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.
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This estimate is based on the analysis of 698 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 THE TENTH DRIVE with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of THE TENTH DRIVE in 2024 is 3.2 M€.
Yes, THE TENTH DRIVE generated a net profit of 190 k€ in 2024.
The headquarters of THE TENTH DRIVE is located in TAVERS (45190), in the department Loiret.
The tax return of THE TENTH DRIVE 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).
THE TENTH DRIVE operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.