"Latvijas Mobilais Telefons" SIAActive

50003050931Limited liability companyFounded 1992

Key figures

333 777 108 €+8,2%
Revenue 2025
+68,4%
Average annual growth 2010–2025
0100 m200 m300 m400 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0200 m400 m600 m’10’11’12’13’14’15’16’17’18’19’20’21’22’23’24’25

Dividends

from the report
2025

Dividends paid 42 681 884 € (20% of equity at the end of the previous year).

History
202542 681 884 €
20240 €
202319 140 461 €
202231 023 630 €
202126 684 984 €
202029 000 000 €
201922 400 000 €
201824 700 000 €
201724 298 113 €
201617 201 444 €
201519 579 198 €
201422 835 736 €
201327 407 517 €
201228 857 784 €
201130 463 €
201026 211 €
Summary of financial statements2010–2025
2010201120122013201420152016201720182019202020212022202320242025
Balance sheet — assets
Total current assets26 42133 36338 270 06041 943 99050 639 45061 886 95268 609 94190 484 80783 199 717105 188 91179 990 93492 054 29967 037 135145 528 203129 507 579131 102 673
Total non-current assets101 248106 769116 689 562117 161 208179 637 623189 228 763190 894 780192 953 539198 337 063214 990 905213 253 758260 706 634256 463 190273 969 222276 855 094282 468 641
Total assets127 669140 132154 959 622159 105 198230 277 073251 115 715259 504 721283 438 346281 536 780320 179 816293 244 692352 760 933323 500 325419 497 425406 362 673413 571 314
Balance sheet — liabilities and equity
Current liabilities18 52132 60149 043 05561 757 45290 366 94648 180 13150 439 94873 712 75766 045 379113 122 86985 361 359166 633 564118 145 745143 913 78490 813 95798 982 546
Non-current liabilities377738594 712 2365 524 03410 145 18770 621 22871 303 38162 554 50264 512 80749 465 02652 436 91924 192 86048 952 591100 553 999106 256 811114 214 495
Total liabilities22 29836 46053 755 29167 281 486100 512 133118 801 359121 743 329136 267 259130 558 186162 587 895137 798 278190 826 424167 098 336244 467 783197 070 768213 197 041
Share capital————————————————
Retained earnings of previous periods————————————————
Profit for the year32 10028 76426 389 69618 026 89822 077 78322 194 16022 353 59733 533 49728 586 68228 961 96627 225 73733 104 76728 899 89832 068 54534 038 06133 408 731
Total equity105 371103 672101 204 33191 823 712129 764 940132 314 356137 761 392147 171 087150 978 594157 591 921155 446 414161 934 509156 401 989175 029 642209 291 905200 374 273
Income statement
Sales revenue134 101135 535129 194 926120 911 384161 177 091179 518 735189 866 188204 270 970216 228 381229 008 423227 505 636252 906 653165 368 155310 269 201308 608 021333 777 108
Operating profit37 59933 20130 098 02120 576 55725 619 72225 417 15226 561 93827 564 93528 516 74028 944 14826 741 85433 416 54326 707 46336 221 32237 096 16437 826 579
Profit before income tax37 11732 83830 228 86220 861 75126 086 85125 435 32625 975 90227 197 75829 736 93329 504 97527 287 58934 016 99728 972 07833 096 41035 346 42837 990 955
Profit for the reporting year32 10028 76426 389 69618 026 89822 077 78322 194 16022 353 59733 533 49728 586 68228 961 96627 225 73733 104 76728 899 89832 068 54534 038 06133 408 731
Labour costs————————————————
Depreciation of non-current assets————————————————
Other indicators
Employees8408418638518688969279459649649761072695126813181354
Calculated dividend26 21130 46328 857 78427 407 51722 835 73619 579 19817 201 44424 298 11324 700 00022 400 00029 000 00026 684 98431 023 63019 140 461042 681 884

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Connections graph

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24,5%24,5%23%23%5%100%100%100%"Latvijas Mobilais Te…SONERA HOLDING B.V.Telia Company ABSabiedrība ar ierobež…Valsts akciju sabiedr…SIA "Publisko aktīvu …3Binde JurisDanbergs Gunārs2Janevics Alfs1Keršule Laura4Pūķis IngmārsLMT Finance SIALMT Retail & Logistic…Santa Monica Networks…
CompanyPersonShareholderOther roleAdditional link

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Summary: "Latvijas Mobilais Telefons" SIA

Overview

"Latvijas Mobilais Telefons" SIA (reg. no. 50003050931) is a limited liability company. The company was registered in 1992 and has been in the register for 34 years. Registered address: Rīga, Ropažu iela 6.

Financial results

Revenue in 2025 was 333 777 108 €, up 8,2% on the previous year (308 608 021 €). From 2010 to 2025, revenue grew by an average of 68,4% per year. This is the company's highest revenue among the published years (2010–2025). Net profit for 2025 was 33 408 731 € (10,0% of revenue). The company was profitable in all 16 published years. In 2025 the company had 1354 employees (1318 a year earlier). Revenue per employee was 246 512 €. At the end of 2025, total assets were 413 571 314 € and equity 200 374 273 € (48,4% of assets).

Management and owners

The board has 5 members. According to the register, the company has 5 owners. The largest stake (24,5%) is held by SONERA HOLDING B.V.. The company holds stakes in 3 active Latvian companies.

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 02.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.