FLOWER BLOOM : revenue, balance sheet and financial ratios

In 2024, FLOWER BLOOM achieves revenue of 421 k€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +20.1%. Significant drop of -12% vs 2023. After deducting consumption (157 k€), gross margin stands at 264 k€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 18 k€, representing 4.2% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -53%, reducing margin by 3.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 20%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 103.56. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. Excellent situation: suppliers finance 40 days of the operating cycle (retail model). Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). WCR is negative (-33 days): operations structurally generate cash. Over 2015-2024, WCR increased by +55%, requiring additional financing.

Based on 124 transactions of similar company sales (all years), the value of FLOWER BLOOM is estimated at 49 549 € (range 21 736€ - 118 485€). With an EBITDA of 17 626€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.17x (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.