THE TRAVELLER'S CLUB : revenue, balance sheet and financial ratios

THE TRAVELLER'S CLUB is a French company founded 32 years ago, specialized in the sector Activités des agences de voyage. Based in MARSEILLE 2E ARRONDISSEMENT (13002), this company of category GE shows in 2024 a revenue of 2.6 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 - THE TRAVELLER'S CLUB (SIREN 394063846)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 647 368 € 2 584 354 € 2 201 947 € 1 598 736 € 1 437 967 € 2 422 056 € 2 155 002 € 2 067 250 € 2 235 159 €
Net income 701 204 € 818 815 € 534 587 € 266 189 € 121 071 € 545 701 € 337 531 € 146 440 € 247 336 €
EBITDA 620 382 € 801 022 € 57 776 € 248 968 € 32 804 € 705 442 € 528 232 € 270 011 € 396 181 €
Net margin 26.5% 31.7% 24.3% 16.6% 8.4% 22.5% 15.7% 7.1% 11.1%

Revenue and income statement

In 2024, THE TRAVELLER'S CLUB achieves revenue of 2.6 M€. Revenue is growing positively over 9 years (CAGR: +2.1%). Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 2.6 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 620 k€, representing 23.4% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -23%, reducing margin by 7.6 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 701 k€, i.e. 26.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 647 368 €

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

2 647 368 €

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

620 382 €

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

804 930 €

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

701 204 €

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

23.4%

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Chart evolution

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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 34%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

33.775%

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

31.669%

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

18.491%

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

0.922

Solvency indicators evolution
THE TRAVELLER'S CLUB

Sector positioning

Debt ratio
33.77 2024
2022
2023
2024
Q1: 0.17
Med: 12.86
Q3: 44.56
Average +6 pts over 3 years

In 2024, the debt ratio of THE TRAVELLER'S CLUB (33.77) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
31.67% 2024
2022
2023
2024
Q1: 8.13%
Med: 24.62%
Q3: 43.31%
Good +19 pts over 3 years

In 2024, the financial autonomy of THE TRAVELLER'S CLUB (31.7%) 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.

Repayment capacity
0.92 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.13 years
Q3: 1.21 years
Average -7 pts over 3 years

In 2024, the repayment capacity of THE TRAVELLER'S CLUB (0.92) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 175.10. 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 4.2x. Financial charges are adequately covered by operations.

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

175.098

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

4.241

Liquidity indicators evolution
THE TRAVELLER'S CLUB

Sector positioning

Liquidity ratio
175.1 2024
2022
2023
2024
Q1: 116.21
Med: 153.0
Q3: 274.48
Good +20 pts over 3 years

In 2024, the liquidity ratio of THE TRAVELLER'S CLUB (175.10) 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.

Interest coverage
4.24x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.28x
Excellent +25 pts over 3 years

In 2024, the interest coverage of THE TRAVELLER'S CLUB (4.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 412 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 826 days. Excellent situation: suppliers finance 414 days of the operating cycle (retail model). Overall, WCR represents 404 days of revenue, i.e. 3.0 M€ to permanently finance. Notable WCR improvement over the period (-22%), freeing up cash.

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

2 967 461 €

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

412 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

826 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

0 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

404 j

WCR and payment terms evolution
THE TRAVELLER'S CLUB

Positioning of THE TRAVELLER'S CLUB in its sector

Comparison with sector Activités des agences de voyage

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of THE TRAVELLER'S CLUB is estimated at 1 003 399 € (range 498 808€ - 2 849 569€). With an EBITDA of 620 382€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.38x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
80 tx
498k€ 1003k€ 2849k€
1 003 399 € Range: 498 808€ - 2 849 569€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
620 382 € × 1.6x
Estimation 1 006 580 €
395 902€ - 2 848 577€
Revenue Multiple 30%
2 647 368 € × 0.38x
Estimation 1 008 679 €
641 005€ - 1 491 462€
Net Income Multiple 20%
701 204 € × 1.4x
Estimation 987 528 €
542 776€ - 4 889 212€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Activités des agences de voyage)

Compare THE TRAVELLER'S CLUB with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de voyage

Frequently asked questions about THE TRAVELLER'S CLUB

What is the revenue of THE TRAVELLER'S CLUB ?

The revenue of THE TRAVELLER'S CLUB in 2024 is 2.6 M€.

Is THE TRAVELLER'S CLUB profitable?

Yes, THE TRAVELLER'S CLUB generated a net profit of 701 k€ in 2024.

Where is the headquarters of THE TRAVELLER'S CLUB ?

The headquarters of THE TRAVELLER'S CLUB is located in MARSEILLE 2E ARRONDISSEMENT (13002), in the department Bouches-du-Rhone.

Where to find the tax return of THE TRAVELLER'S CLUB ?

The tax return of THE TRAVELLER'S CLUB 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 THE TRAVELLER'S CLUB operate?

THE TRAVELLER'S CLUB operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.