Live88 Studios OÜRegistered
Annual report for 2025 not filed.
Going concern uncertainty. In the 2024 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Qualified audit opinion. 2024 report: Qualified.
Key figures
5 582 452 €+64,9%
Revenue 2024
+50,5%
Average annual growth 2020–2024
Ratios
2024−75,9%
Profit margin
−62,7%
EBITDA margin
−116,0%
Equity ratio
0,4×
Current ratio
53,6%
Return on equity
6145 €
Average gross salary
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 74 379 € | 13 | 135 641 € |
| Q1 2026 | 1 440 554 € | 21 | 286 320 € |
| Q4 2025 | 1 825 173 € | 22 | 471 870 € |
| Q3 2025 | 2 122 624 € | 44 | 602 060 € |
| Q2 2025 | 2 297 444 € | 62 | 647 652 € |
| Q1 2025 | 2 892 697 € | 69 | 848 595 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Balance sheet — assets | |||||
| Total current assets | 218 957 | 3 959 129 | 4 068 588 | 1 070 601 | 6 106 642 |
| Total non-current assets | 1 123 501 | 1 543 826 | 1 469 704 | 1 052 338 | 709 952 |
| Total assets | 1 342 458 | 5 502 955 | 5 538 292 | 2 122 939 | 6 816 594 |
| Balance sheet — liabilities and equity | |||||
| Current liabilities | 1 132 901 | 1 217 241 | 1 493 923 | 846 147 | 14 725 818 |
| Non-current liabilities | 1 896 719 | 7 115 000 | 10 050 496 | 11 949 039 | 0 |
| Total liabilities | 3 029 620 | 8 332 241 | 11 544 419 | 12 795 186 | 14 725 818 |
| Share capital | 2500 | 2500 | 2500 | 2500 | 2500 |
| Retained earnings of previous periods | 0 | −1 689 662 | −2 831 786 | −5 883 467 | −10 674 747 |
| Profit for the year | −1 689 662 | −1 142 124 | −3 176 841 | −4 791 280 | −4 236 977 |
| Reserves and other equity | — | — | — | — | 7 000 000 |
| Total equity | −1 687 162 | −2 829 286 | −6 006 127 | −10 672 247 | −7 909 224 |
| Income statement | |||||
| Sales revenue | 1 086 813 | 4 160 235 | 4 541 654 | 3 386 115 | 5 582 452 |
| Operating profit | −1 679 579 | −994 695 | −2 766 997 | −4 403 705 | −4 160 427 |
| EBITDA | −1 577 385 | −689 215 | −2 239 289 | −3 866 716 | −3 500 436 |
| Profit before income tax | −1 689 662 | −1 142 124 | −3 176 841 | −4 791 280 | −4 236 977 |
| Profit for the reporting year | −1 689 662 | −1 142 124 | −3 176 841 | −4 791 280 | −4 236 977 |
| Labour costs | 2 015 306 | 3 855 258 | 4 776 718 | 4 423 383 | 5 906 920 |
| Depreciation of non-current assets | 102 194 | 305 480 | 527 708 | 536 989 | 659 991 |
| Other indicators | |||||
| Employees | 122 | 117 | 124 | 123 | 151 |
| 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.
Connections graph
Click a node to see its other connections.
CompanyPersonShareholderOther roleAdditional link
Related companies
Same activity — Other information service activities