Turnover: 125 million EUR (2023)

Country: France

  • Morning Coworking is a French company specializing in shared spaces and co-working in Paris.
  • It will have 38 sites in Paris by 2022
  • More than 5,200 customers from 550 different companies
  • Nexity owns 54% of the company

Financial Data

DUNS: 811806215

Legal Name: LESPACE

Address: 21 PL DE LA REPUBLIQUE , 75003 PARIS 3

Number of employees: Entre 50 et 99 salariés (2020)

Capital: 11 702 EUR


Financial Data:

Year 2020 2019 2018 2017 2016
Turnover 31 016 313 28 440 672 15 504 895 10 268 646 -
Gross margin (€) 30 843 351 28 231 364 15 464 479 10 270 283 -
EBITDA (€) 3 687 196 5 844 768 548 569 642 030 -
Operating profit (€) -130 650 2 292 092 -1 241 533 33 017 -
Net profit (€) -1 030 918 1 643 219 -1 286 559 37 336 -
Turnover growth rate (%) 9,1 83,4 51 - -
Ebitda margin rate (%) 11,9 20,6 3,5 6,3 -
Operating margin rate (%) -0,4 8,1 -8 0,3 -
Working Capital (turnover days) -50,7 -74,6 -92,9 -115,4 -
Working Capital requirements (turnover days) -53,4 -48,8 -79,9 -108,9 -
Net margin (%) -3,3 5,8 -8,3 0,4 -
Added value / Turnover (%) 30 32 12,8 16,2 -
Wages and social charges (€) 4 273 689 2 221 604 1 142 785 921 078 -
Salaries / Turnover (%) 13,8 7,8 7,4 9 -

Company Managers:

Position First Name Last Name Age Linkedin
Commissaire aux comptes Jérémy Younes 48

Studies mentioning this company

The coworking market - France

Other companies mentioned:

  • La Cordée
  • Wojo
  • WeWork
  • Spacesworks (International Workplace group)
  • Wellio
  • Morning Coworking
  • Kwerk
  • Multibureau
  • Giboire groupe
  • Industrious Office
  • Start way (La poste Immobilier)
  • DIGITAL VILLAGE Coworking
  • THALES DIGITAL FACTORY
  • Vinci Immobilier
  • HÉMÉRA
  • Bureaux à partager
  • IWG Regus (International Workspace group)
  • Ateac
  • Insitu Groupe
  • Bureaux and co
  • Now Coworking
  • La Ruche CoWorking
  • Coworkings communautaires
  • Cardinal Groupe
  • Cowool
  • Deskeo
  • BMG Groupe
  • The Bureau