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pawaTech OÜ

Registry code (registrikood) 12551662Private limited company (Osaühing)VAT EE101671040Activity (EMTAK 62101): ProgrammeerimineActive

Tallinn, Harju County · Financial data: annual reports up to 2025; tax data up to 2026 Q2

Revenue (2025)
€100.6M
▲ 28.2% vs 2024
Profit before tax (2025)
€49.7M
Employees, FTE (2025)
122
State taxes paid, last 4 quarters
€4.7M

Revenue, profit and employees, 2019–2025

€12.3M2019€11.8M2020€8.0M2021€10.5M2022€20.5M2023€78.5M2024€100.6M2025
YearRevenue (müügitulu)Operating profit (ärikasum)Net profitEquity (omakapital)Employees, FTE
2019€12,326,702€5,661,073€5,648,100€5,609,29784
2020€11,837,836€4,205,057€4,123,242€9,732,53982
2021€8,019,401€730,224€717,917€10,450,45679
2022€10,505,467€953,110€940,229€11,390,68575
2023€20,503,296€1,966,336€1,167,055€12,557,74094
2024€78,459,854€49,913,809€50,607,029€63,164,769110
2025€100,563,025€56,292,284€36,310,719€50,375,488122

Balance sheet summary

YearCashTotal assetsCurrent liabilitiesNon-current liabilitiesEquity
2019€13,859€8,290,677€2,681,380€5,609,297
2020€122,393€12,858,929€3,126,390€9,732,539
2021€199,007€13,447,808€2,997,352€10,450,456
2022€790,755€14,703,460€3,312,775€11,390,685
2023€964,528€17,209,943€4,652,203€12,557,740
2024€28,326,828€71,777,325€8,612,556€63,164,769
2025€24,821,304€87,192,658€35,726,553€1,090,617€50,375,488

Calculated ratios

Net profit margin = net profit ÷ revenue. Equity ratio = equity ÷ total assets. Seedata sources & methodology for how each figure is derived.

Quarterly tax and turnover data (EMTA)

QuarterState taxes paidWage taxesTurnoverEmployees
2022 Q1€465,983€490,144€3,578,90871
2022 Q2€488,167€517,118€2,456,35373
2022 Q3€505,913€529,415€2,664,98078
2022 Q4€474,682€504,959€2,943,58583
2023 Q1€551,228€575,619€1,265,85287
2023 Q2€603,285€635,665€1,305,57091
2023 Q3€685,776€714,846€823,41399
2023 Q4€701,945€747,284€12,075,963104
2024 Q1€796,714€838,443€14,935,873104
2024 Q2€876,566€928,366€15,127,689109
2024 Q3€878,771€919,860€13,296,064112
2024 Q4€833,348€878,520€30,531,804111
2025 Q1€1,055,815€1,098,881€32,801,461118
2025 Q2€982,491€1,039,251€23,532,028122
2025 Q3€1,107,199€1,137,658€23,932,465124
2025 Q4€1,080,750€1,113,943€34,965,811127
2026 Q1€1,385,412€1,128,524€32,721,425124
2026 Q2€1,135,652€1,184,657€80,890,745139

Source: EMTA quarterly published data, as of 10 July 2026. Covers state taxes and wage taxes actually paid and turnover and employee counts as declared by the company, not the annual report figures above.

About this data

In the 2025 financial year (period 1 January 2025–31 December 2025), pawaTech OÜ reported revenue of €100,563,025.

The company closed the 2025 financial year with a net profit of €36,310,719.

Revenue increased by 28.2% from €78,459,854 in 2024 to €100,563,025 in 2025.

Revenue grew at a compound annual rate of 41.9% between 2019 and 2025.

Equity accounted for 57.8% of total assets of €87,192,658 at the end of the 2025 reporting period.

With 122 full-time-equivalent employees in 2025, revenue per employee was €824,287.

Across the 4 most recent quarters declared to EMTA, up to Q2 2026, pawaTech OÜ reported €172,510,446 in turnover.

EMTA recorded 139 employees for the quarter ending Q2 2026, compared with 122 full-time-equivalent employees in the 2025 annual report.

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Source

Source: Estonian e-Business Register open data (Centre of Registers and Information Systems, RIK), licence CC BY-SA 4.0, modified; Estonian Tax and Customs Board (EMTA) quarterly data. Downloaded 2026-09-22. This is not an official register extract — see ariregister.rik.ee.

Company data on this site is available under CC BY-SA 4.0.

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