SIREN : 530684505
XSEA is a French company founded 15 years ago, specialized in the sector Production d'électricité. Based in LORIENT (56100), this company of category PME shows in 2024 a revenue of 1.9 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 | 1 927 066 € | 1 653 869 € | 1 355 486 € | N/C | N/C | N/C | N/C | N/C | N/C |
| Net income | 197 216 € | 176 822 € | 27 494 € | 22 547 € | -10 358 € | 12 341 € | -62 000 € | -103 919 € | -151 591 € |
| EBITDA | 828 983 € | 760 054 € | 634 186 € | N/C | N/C | N/C | N/C | N/C | N/C |
| Net margin | 10.2% | 10.7% | 2.0% | N/C | N/C | N/C | N/C | N/C | N/C |
In 2024, XSEA achieves revenue of 1.9 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +19.2%. Vs 2023, growth of +17% (1.7 M€ -> 1.9 M€). After deducting consumption (0 €), gross margin stands at 1.9 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 829 k€, representing 43.0% of revenue. Warning negative scissor effect: despite revenue change (+17%), EBITDA varies by +9%, reducing margin by 2.9 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 197 k€, i.e. 10.2% of revenue. This profit can be retained or distributed to shareholders.
1 927 066 €
1 927 066 €
828 983 €
136 401 €
197 216 €
43.0%
The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 67%. 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 6.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 45.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
42.477%
67.486%
45.6%
6.752
69.4%
In 2024, the debt ratio of XSEA (42.48) 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 XSEA (67.5%) 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 XSEA (6.75) 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 1878.30. 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 16.1x. Operating income very largely covers interest expenses: high safety margin.
1878.303
16.138
In 2024, the liquidity ratio of XSEA (1878.30) 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 XSEA (16.1x) 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: 67 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 118 days. Excellent situation: suppliers finance 51 days of the operating cycle (retail model). Overall, WCR represents 195 days of revenue, i.e. 1.0 M€ to permanently finance.
1 045 279 €
67 j
118 j
0 j
195 j
Based on 85 transactions of similar company sales
(all years),
the value of XSEA is estimated at
1 516 481 €
(range 217 637€ - 6 211 871€).
With an EBITDA of 828 983€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 85 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 XSEA with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of XSEA in 2024 is 1.9 M€.
Yes, XSEA generated a net profit of 197 k€ in 2024.
The headquarters of XSEA is located in LORIENT (56100), in the department Morbihan.
The tax return of XSEA 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).
XSEA operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.