Iter8 OÜ
RegisteredKey figures
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2024Summary: Iter8 OÜ
What kind of company is it?
Iter8 OÜ (registry code 16317354) is a private limited company (OÜ). The company was entered in the Commercial Register in 2021 and has been registered for 5 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is computer programming (EMTAK 62101). The company is registered for VAT (VAT number EE102470897).
How is the company doing financially?
Revenue in financial year 2024 was 370 749 €, up 513% on the previous year (60 499 €). From 2021/22 to 2024, revenue grew by an average of 1454% per year. Financial year 2024 ended with a loss of 929 833 €. The company made a loss in all 3 published financial years. In financial year 2024 the company had 15 employees (9 a year earlier). Revenue per employee was 24 717 €. At the end of financial year 2024, total assets were 2 663 819 € and equity 2 397 417 € (90,0% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 117 069 €, down 54,3% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 74 238 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 21 320 € per month.
Who runs the company and who owns it?
The management board has 2 members. According to the register, the company has 15 owners. The largest stake (33,1%) is held by a private individual.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024) was filed on 22.09.2025. 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 | 117 069 € | 2 | 74 238 € |
| Q2 2026 | 104 876 € | 6 | 119 146 € |
| Q1 2026 | 123 795 € | 14 | 136 158 € |
| Q4 2025 | 187 162 € | 16 | 146 349 € |
| Q3 2025 | 255 911 € | 17 | 140 483 € |
| Q2 2025 | 281 301 € | 15 | 134 284 € |
| Q1 2025 | 180 128 € | 15 | 159 821 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2022–2024
| 2021/22 | 2023 | 2024 | |
|---|---|---|---|
| Sales revenue | 1536 | 60 499 | 370 749 |
| Net profit | −450 367 | −474 896 | −929 833 |
| Retained earnings | — | −450 367 | −925 263 |
| Total assets | 859 182 | 442 655 | 2 663 819 |
| Total liabilities | 57 036 | 115 405 | 266 402 |
| Total equity | 802 146 | 327 250 | 2 397 417 |
| Employees | 9 | 9 | 15 |
| Average gross salary (monthly) | 2251 | 3655 | 4385 |
| Calculated dividend | — | — | 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 issue6 clear
Data from public registers, not a credit rating.
Connections graph10 of 15 people
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The graph shows the largest/first people in each role (10 of 15). All connections are listed on the “Related people” card.
State aid and grants
1 recordState aid and de minimis aid in total 10 027 € (2024). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (10 027 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Ekspordi edendamine VTA | 10 027 € | 02.12.2024 |
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 ↗