SIREN : 402423420
WMH PROJECT is a French company founded 30 years ago, specialized in the sector Activités des agences de publicité. Based in COURBEVOIE (92400), this company of category ETI shows in 2024 a revenue of 123.0 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 123 006 335 € | 72 193 019 € | 63 947 046 € | 18 701 890 € | 19 593 884 € | 18 624 657 € | 17 444 366 € | 13 699 893 € |
| Net income | 11 282 224 € | 6 550 368 € | 3 966 341 € | 563 244 € | 967 720 € | 509 037 € | 638 533 € | 185 913 € |
| EBITDA | 7 191 405 € | 4 687 175 € | 4 699 711 € | 928 287 € | 1 094 404 € | 772 999 € | 467 738 € | -36 056 € |
| Net margin | 9.2% | 9.1% | 6.2% | 3.0% | 4.9% | 2.7% | 3.7% | 1.4% |
In 2024, WMH PROJECT achieves revenue of 123.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +31.6%. Vs 2023, growth of +70% (72.2 M€ -> 123.0 M€). After deducting consumption (0 €), gross margin stands at 123.0 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 7.2 M€, representing 5.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11.3 M€, i.e. 9.2% of revenue. This profit can be retained or distributed to shareholders.
123 006 335 €
123 006 335 €
7 191 405 €
5 727 059 €
11 282 224 €
5.8%
The debt ratio (= Financial debt / Equity x 100) stands at 68%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
68.016%
33.906%
9.859%
1.756
60.9%
In 2024, the debt ratio of WMH PROJECT (68.02) 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 WMH PROJECT (33.9%) 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 2024, the repayment capacity of WMH PROJECT (1.76) 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 167.09. 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 10.2x. Operating income very largely covers interest expenses: high safety margin.
167.094
10.195
In 2024, the liquidity ratio of WMH PROJECT (167.09) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of WMH PROJECT (10.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The company must finance 19 days of gap between collections and payments. Overall, WCR represents 52 days of revenue, i.e. 17.8 M€ to permanently finance. Over 2016-2024, WCR increased by +480%, requiring additional financing.
17 828 538 €
70 j
51 j
0 j
52 j
Based on 68 transactions of similar company sales
(all years),
the value of WMH PROJECT is estimated at
25 186 274 €
(range 9 570 314€ - 79 495 925€).
With an EBITDA of 7 191 405€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.22x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 68 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 WMH PROJECT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de publicité
The revenue of WMH PROJECT in 2024 is 123.0 M€.
Yes, WMH PROJECT generated a net profit of 11.3 M€ in 2024.
The headquarters of WMH PROJECT is located in COURBEVOIE (92400), in the department Hauts-de-Seine.
The tax return of WMH PROJECT 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).
WMH PROJECT operates in the sector Activités des agences de publicité (NAF code 73.11Z). See the 'Sector positioning' section above to compare the company with its competitors.