Sabiedrība ar ierobežotu atbildību "Printify Development"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
from the reportNo dividends were paid.
Summary of financial statements2016–2025
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||||||
| Total current assets | 31 777 | 22 349 | 125 690 | 376 198 | 2 245 193 | 5 039 075 | 8 278 461 | 20 842 396 | 15 890 283 | 18 634 093 |
| Total non-current assets | 25 952 | 39 459 | 134 248 | 285 834 | 862 705 | 1 238 007 | 1 013 185 | 824 886 | 759 814 | 523 897 |
| Total assets | 57 729 | 61 808 | 259 938 | 662 032 | 3 107 898 | 6 277 082 | 9 291 646 | 21 667 282 | 16 650 097 | 19 157 990 |
| Balance sheet — liabilities and equity | ||||||||||
| Current liabilities | 56 252 | 98 296 | 140 962 | 343 252 | 1 460 784 | 3 671 986 | 5 111 479 | 16 361 969 | 8 261 846 | 10 010 121 |
| Non-current liabilities | 0 | 0 | 50 000 | 0 | 481 250 | 96 250 | 0 | 0 | 0 | 0 |
| Total liabilities | 56 252 | 98 296 | 190 962 | 343 252 | 1 942 034 | 3 768 236 | 5 111 479 | 16 361 969 | 8 261 846 | 10 010 121 |
| Share capital | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | -1439 | -39 378 | 105 554 | 249 804 | 847 084 | 1 342 981 | 1 671 321 | 1 125 117 | 1 694 135 | -2 979 235 |
| Total equity | 1451 | -36 488 | 68 976 | 318 780 | 1 165 864 | 2 508 846 | 4 180 167 | 5 305 313 | 8 388 251 | 9 147 869 |
| Income statement | ||||||||||
| Sales revenue | 190 913 | 155 368 | 1 068 728 | 3 106 275 | 7 138 561 | 17 107 145 | 26 601 331 | 29 593 062 | 38 115 482 | 28 196 602 |
| Operating profit | -1413 | -39 353 | 115 951 | 258 506 | 878 336 | 1 401 308 | 1 703 036 | 980 852 | 1 482 950 | -2 960 404 |
| Profit before income tax | -1439 | -39 378 | 112 951 | 254 762 | 862 024 | 1 382 200 | 1 694 766 | 1 145 130 | 1 781 221 | -2 933 729 |
| Profit for the reporting year | -1439 | -39 378 | 105 554 | 249 804 | 847 084 | 1 342 981 | 1 671 321 | 1 125 117 | 1 694 135 | -2 979 235 |
| Labour costs | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — |
| Other indicators | ||||||||||
| Employees | 6 | 10 | 32 | 93 | 222 | 296 | 410 | 377 | 424 | 363 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 241 415 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: Sabiedrība ar ierobežotu atbildību "Printify Development"
Overview
Sabiedrība ar ierobežotu atbildību "Printify Development" (reg. no. 40103913868) is a limited liability company. The company was registered in 2015 and has been in the register for 11 years. Registered address: Rīga, Raiņa bulvāris 25.
Financial results
Revenue in 2025 was 28 196 602 €, down 26,0% on the previous year (38 115 482 €). From 2016 to 2025, revenue grew by an average of 74,2% per year. 2025 ended with a loss of 2 979 235 €. The company was profitable in 7 of the 10 published years. In 2025 the company had 363 employees (424 a year earlier). Revenue per employee was 77 677 €. At the end of 2025, total assets were 19 157 990 € and equity 9 147 869 € (47,7% of assets).
Management and owners
The board has 2 members. According to the register, the company has 3 owners. The largest stake (98,9%) is held by Printify, Inc..
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.