DriveX Technologies OÜ
RegisteredKey figures
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2025Summary: DriveX Technologies OÜ
What kind of company is it?
DriveX Technologies OÜ (registry code 14874493) is a private limited company (OÜ). The company was entered in the Commercial Register in 2019 and has been registered for 6 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is data processing, data management, data brokerage and similar activities (EMTAK 63102). The company is registered for VAT (VAT number EE102262995).
How is the company doing financially?
Revenue in financial year 2025 was 386 209 €, up 23,9% on the previous year (311 609 €). From 2019/20 to 2025, revenue grew by an average of 218% per year. This is the company's highest revenue among the published years (2019/20–2025). Financial year 2025 ended with a loss of 186 489 €. The company made a loss in all 6 published financial years. In financial year 2025 the company had 8 employees. Revenue per employee was 48 276 €. At the end of financial year 2025, total assets were 941 416 € and equity 799 236 € (84,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 187 810 €, up 3,6% on the same quarter a year earlier. The company had 6 employees in that quarter. Labour taxes paid in the quarter: 35 599 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 3580 € per month.
Who runs the company and who owns it?
The management board has 3 members. According to the register, the company has 28 owners. The largest stake (23,8%) is held by Sieger Invest OÜ.
Where does the data come from and how fresh is it?
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 11.02.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 187 810 € | 6 | 35 599 € |
| Q2 2026 | 146 524 € | 6 | 42 898 € |
| Q1 2026 | 153 900 € | 6 | 44 151 € |
| Q4 2025 | 123 569 € | 7 | 54 578 € |
| Q3 2025 | 181 284 € | 9 | 57 112 € |
| Q2 2025 | 125 656 € | 9 | 50 225 € |
| Q1 2025 | 123 003 € | 8 | 50 322 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 58 484 | 88 701 | 149 791 | 311 609 | 386 209 |
| Net profit | −211 049 | −335 547 | −286 791 | −64 353 | −186 489 |
| Retained earnings | −9126 | −71 631 | −407 158 | −693 949 | −758 302 |
| Total assets | 64 306 | 901 740 | 703 238 | 1 063 740 | 941 416 |
| Total liabilities | 66 566 | 1 091 003 | 1 179 272 | 128 092 | 142 180 |
| Total equity | −2260 | −189 263 | −476 034 | 935 648 | 799 236 |
| Employees | 9 | 6 | 10 | 8 | 8 |
| Average gross salary (monthly) | 1377 | 1403 | 2159 | 3030 | 3896 |
| Calculated dividend | — | 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.
Risks and obligations1 note6 clear
Data from public registers, not a credit rating.
Connections graph11 of 29 people
Click a node to see its other connections.
The graph shows the largest/first people in each role (11 of 29). All connections are listed on the “Related people” card.
State aid and grants
9 recordsState aid and de minimis aid in total 735 363 € (2020–2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (667 363 €), Sihtasutus Tallinna Teaduspark TEHNOPOL (68 000 €).
Show all aid records (9)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 24 000 € | 17.12.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 280 797 € | 17.12.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt c) - tootearendus | 206 165 € | 17.12.2024 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 3364 € | 28.11.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 4016 € | 03.11.2023 |
| Sihtasutus Tallinna Teaduspark TEHNOPOL | Muu | 58 000 € | 11.10.2023 |
| Sihtasutus Tallinna Teaduspark TEHNOPOL | Muu | 10 000 € | 20.04.2023 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Teadus- ja arendusprojektidele antav abi (artikkel 25 lõike 2 punkt b) - rakendusuuringud | 149 021 € | 14.12.2022 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Koolitus VTA | 0 € | 23.11.2020 |
Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗
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