FTM Technology, SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 8 749 671 | 8 401 928 | 6 704 739 | 6 207 306 | 10 663 310 | 6 391 454 | 4 498 998 | 4 142 156 | 3 773 722 |
| Total non-current assets | 361 400 | 411 056 | 2 444 679 | 2 521 894 | 2 511 265 | 3 887 598 | 3 338 547 | 2 976 054 | 2 828 248 |
| Total assets | 9 111 071 | 8 812 984 | 9 149 418 | 8 729 200 | 13 174 575 | 10 279 052 | 7 837 545 | 7 118 210 | 6 601 970 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 9 107 982 | 8 833 539 | 9 081 337 | 155 452 | 2 500 035 | 213 079 | 161 681 | 153 288 | 150 598 |
| Non-current liabilities | 0 | 0 | 0 | 8 600 085 | 10 912 028 | 10 424 154 | 8 287 730 | 7 834 453 | 7 290 613 |
| Total liabilities | 9 107 982 | 8 833 539 | 9 081 337 | 8 755 537 | 13 412 063 | 10 637 233 | 8 449 411 | 7 987 741 | 7 441 211 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 89 | -23 841 | 133 146 | -84 027 | -242 283 | -120 692 | -253 685 | -257 665 | 30 290 |
| Total equity | 3089 | -20 555 | 68 081 | -26 337 | -237 488 | -358 181 | -611 866 | -869 531 | -839 241 |
| Income statement | |||||||||
| Sales revenue | 0 | 33 644 | 2 071 237 | 2 007 127 | 2 138 056 | 5 021 181 | 460 440 | 519 059 | 504 794 |
| Operating profit | -201 | -39 584 | 109 568 | -75 802 | -229 108 | -115 863 | -451 925 | -366 157 | -281 553 |
| Profit before income tax | 105 | -23 808 | 133 153 | -84 010 | -241 502 | -120 624 | -253 685 | -257 665 | 30 290 |
| Profit for the reporting year | 89 | -23 841 | 133 146 | -84 027 | -242 283 | -120 692 | -253 685 | -257 665 | 30 290 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 1 | 2 | 5 | 9 | 15 | 18 | 18 | 18 | 17 |
| Calculated dividend | — | 0 | 0 | 10 391 | 0 | 0 | 0 | 0 | 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: FTM Technology, SIA
Overview
FTM Technology, SIA (reg. no. 40203107428) is a limited liability company. The company was registered in 2017 and has been in the register for 8 years. Registered address: Rīga, Krasta iela 103.
Financial results
Revenue in 2025 was 504 794 €, down 2,7% on the previous year (519 059 €). Net profit for 2025 was 30 290 € (6,0% of revenue). The company was profitable in 3 of the 9 published years. In 2025 the company had 17 employees (18 a year earlier). Revenue per employee was 29 694 €.
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Points to note
Equity was negative at the end of 2025 (-839 241 €).
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.