Powerfleet Latvija SIAActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedPaid out in dividends approximately 161 629 € (76% of equity at the end of the previous year).
Low confidence: the company does not file a cash flow statement, so the amount is an estimate from changes in equity — it may also include other reductions of equity (e.g. a share capital reduction).
Summary of financial statements2009–2025
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||||||
| Total current assets | 3100 | 6764 | 10 886 | 13 350 | 17 645 | 26 939 | 34 853 | 42 956 | 60 828 | 78 801 | 97 908 | 136 899 | 101 830 | 114 385 | 194 091 | 220 451 | 162 862 |
| Total non-current assets | 0 | 0 | 0 | 0 | 195 | 7478 | 7713 | 12 854 | 31 586 | 36 996 | 43 615 | 61 832 | 36 266 | 76 731 | 87 354 | 295 858 | 103 106 |
| Total assets | 3100 | 6764 | 10 886 | 13 350 | 17 840 | 34 417 | 42 566 | 55 810 | 92 414 | 115 797 | 141 523 | 198 731 | 138 096 | 191 116 | 281 445 | 516 309 | 265 968 |
| Balance sheet — liabilities and equity | |||||||||||||||||
| Current liabilities | 1900 | 12 023 | 17 532 | 16 445 | 12 683 | 215 523 | 197 822 | 25 659 | 571 953 | 683 144 | 46 634 | 80 185 | 51 576 | 51 797 | 75 477 | 302 781 | 196 407 |
| Non-current liabilities | 0 | 0 | 0 | 17 570 | 49 769 | 0 | 0 | 375 146 | 2819 | 0 | 852 029 | 994 847 | 981 929 | 1 249 564 | 141 717 | 0 | 0 |
| Total liabilities | 1900 | 12 023 | 17 532 | 34 015 | 62 452 | 215 523 | 197 822 | 400 805 | 574 772 | 683 144 | 898 663 | 1 075 032 | 1 033 505 | 1 301 361 | 217 194 | 302 781 | 196 407 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 1493 | -6459 | -1387 | -14 019 | -25 019 | -117 860 | -156 459 | -185 610 | -137 363 | -84 989 | -189 793 | -119 122 | -19 108 | -214 836 | -54 582 | 25 354 | 17 662 |
| Total equity | 1200 | -5259 | -6646 | -20 665 | -45 684 | -182 862 | -159 386 | -344 995 | -482 358 | -567 347 | -757 140 | -876 301 | -895 409 | -1 110 245 | 64 251 | 213 528 | 69 561 |
| Income statement | |||||||||||||||||
| Sales revenue | 7296 | 25 466 | 39 303 | 49 303 | 69 978 | 112 943 | 137 931 | 172 033 | 240 795 | 212 719 | 349 579 | 488 701 | 570 762 | 564 887 | 728 822 | 414 010 | 916 990 |
| Operating profit | 1570 | -6357 | -1349 | -14 019 | -23 175 | -114 218 | -153 040 | -178 590 | -121 845 | -66 444 | -162 057 | -115 862 | -18 789 | -160 020 | -42 751 | 32 818 | 36 598 |
| Profit before income tax | 1493 | -6459 | -1387 | -14 019 | -25 019 | -117 860 | -156 459 | -185 610 | -137 363 | -81 280 | -184 224 | -118 303 | -18 789 | -214 027 | -53 748 | 26 314 | 18 647 |
| Profit for the reporting year | 1493 | -6459 | -1387 | -14 019 | -25 019 | -117 860 | -156 459 | -185 610 | -137 363 | -84 989 | -189 793 | -119 122 | -19 108 | -214 836 | -54 582 | 25 354 | 17 662 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||||||
| Employees | 2 | 2 | 2 | 2 | 3 | 2 | 4 | 2 | 3 | 3 | 5 | 5 | 5 | 4 | 5 | 7 | 5 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 161 629 |
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: Powerfleet Latvija SIA
Overview
Powerfleet Latvija SIA (reg. no. 44103042761) is a limited liability company. The company was registered in 2006 and has been in the register for 19 years. Registered address: Rīga, Tērbatas iela 74A.
Financial results
Revenue in 2025 was 916 990 €, up 121% on the previous year (414 010 €). From 2009 to 2025, revenue grew by an average of 35,3% per year. This is the company's highest revenue among the published years (2009–2025). Net profit for 2025 was 17 662 € (1,9% of revenue). The company was profitable in 3 of the 17 published years. In 2025 the company had 5 employees (7 a year earlier). Revenue per employee was 183 398 €. At the end of 2025, total assets were 265 968 € and equity 69 561 € (26,2% of assets).
Management and owners
The board has 3 members. The sole owner of the company is Powerfleet Nordics OU.
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.