Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Pacte Novation is a technology company specializing in multidisciplinary software engineering services. It provides consulting and high-tech engineering solutions, focusing on the conception and development of customized industrial software, business applications, and rules engines that integrate artificial intelligence. The company supports clients across diverse sectors including public and tertiary services, transport, energy, finance, and insurance, helping them address digital challenges through tailored applicative projects. Pacte Novation offers its expertise either on a time-and-materials basis or fixed-price contracts, emphasizing client satisfaction and backed by ISO 9001:2015 certification. Founded in 1994 and headquartered in Paris, France, it plays a key role in delivering innovative IT solutions to industries requiring robust, AI-enhanced software for operational efficiency and specialized needs in the financial markets and beyond.
The business is unprofitable at the operating level (-1.06% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 5.8% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 1.77% to -2.68%, capital efficiency is deteriorating. Negative free cash flow of -€451K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€8M
▼ -5.8% YoY
Net Income (TTM)
-€167K
▼ -615.7% YoY
Op. Margin
-1.06%
▼ -1.6pp YoY
ROIC
-2.68%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€451K
▲ +58.2% YoY
Op. Cash Flow (TTM)
-€278K
▼ -188.9% YoY
Net Debt
-€2M
Net Cash Position
Cash & Equiv.
€2M
3Y CAGR: +2.0%
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