CM Games OÜ

Active Registry code 11617092 OÜ Tallinn Registered 19 Mar 2009
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CM Games OÜ is a OÜ based in Tallinn, registry code 11617092, status: active. Main activity: Publishing of video games. According to EMTA, turnover for Q3 2026 was €421 788 with 6 employees.

Turnover
421 788 €
↑ 179.0% vs Q2 2026
State taxes
26 011 €
↓ 49.1% vs Q2 2026
Labour taxes
21 915 €
↓ 35.0% vs Q2 2026
Employees
6
±0 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Publishing activities · EMTAK 58

  • Turnover · Q3 2026 421 788 €
    industry median 9 319 € · companies in the industry: 766
  • Labour taxes per employee 3 653 €
    industry median 2 036 € · companies in the industry: 224
  • Revenue · 2025 1.2 mn €
    industry median 5 175 € · companies in the industry: 1 328
  • Net profit margin · 2025 -112.8 %
    industry median 4.4 % · companies in the industry: 825

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 421 788 € · +179.0% vs Q2 2026 · industry median 9 319 € · above 92% of the industry
01 0002 0003 0004 000Q4 2023 Company: 3 862 800 € Industry median: 13 258 €Q4·23Q1 2024 Company: 3 164 811 € Industry median: 14 046 €Q2 2024 Company: 2 582 075 € Industry median: 11 785 €Q2·24Q3 2024 Company: 3 711 001 € Industry median: 13 362 €Q4 2024 Company: 2 151 764 € Industry median: 14 000 €Q4·24Q1 2025 Company: 1 538 791 € Industry median: 14 441 €Q2 2025 Company: 686 518 € Industry median: 12 185 €Q2·25Q3 2025 Company: 469 759 € Industry median: 11 095 €Q4 2025 Company: 246 897 € Industry median: 11 709 €Q4·25Q1 2026 Company: 181 049 € Industry median: 10 933 €Q2 2026 Company: 151 193 € Industry median: 9 774 €Q2·26Q3 2026 Company: 421 788 € Industry median: 9 319 €Q3·2605001 0001 5002 0002 500Q4 2024 Company: 2 151 764 € Industry median: 14 000 €Q1 2025 Company: 1 538 791 € Industry median: 14 441 €Q1·25Q2 2025 Company: 686 518 € Industry median: 12 185 €Q3 2025 Company: 469 759 € Industry median: 11 095 €Q3·25Q4 2025 Company: 246 897 € Industry median: 11 709 €Q1 2026 Company: 181 049 € Industry median: 10 933 €Q1·26Q2 2026 Company: 151 193 € Industry median: 9 774 €Q3 2026 Company: 421 788 € Industry median: 9 319 €Q3·26
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 3 653 € · −35.0% vs Q2 2026 · industry median 2 036 € · above 74% of the industry
05 00010 00015 000Q4 2023 Company: 10 165 € Industry median: 1 629 €Q4·23Q1 2024 Company: 9 502 € Industry median: 1 764 €Q2 2024 Company: 11 227 € Industry median: 1 809 €Q2·24Q3 2024 Company: 6 640 € Industry median: 1 815 €Q4 2024 Company: 8 217 € Industry median: 1 862 €Q4·24Q1 2025 Company: 11 403 € Industry median: 1 900 €Q2 2025 Company: 7 927 € Industry median: 2 000 €Q2·25Q3 2025 Company: 14 095 € Industry median: 1 931 €Q4 2025 Company: 6 400 € Industry median: 2 120 €Q4·25Q1 2026 Company: 4 725 € Industry median: 1 990 €Q2 2026 Company: 5 622 € Industry median: 1 943 €Q2·26Q3 2026 Company: 3 653 € Industry median: 2 036 €Q3·2605 00010 00015 000Q4 2024 Company: 8 217 € Industry median: 1 862 €Q1 2025 Company: 11 403 € Industry median: 1 900 €Q1·25Q2 2025 Company: 7 927 € Industry median: 2 000 €Q3 2025 Company: 14 095 € Industry median: 1 931 €Q3·25Q4 2025 Company: 6 400 € Industry median: 2 120 €Q1 2026 Company: 4 725 € Industry median: 1 990 €Q1·26Q2 2026 Company: 5 622 € Industry median: 1 943 €Q3 2026 Company: 3 653 € Industry median: 2 036 €Q3·26
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 6 · +0.0% vs Q2 2026
0510152025Q4 2023 Company: 25Q4·23Q1 2024 Company: 21Q2 2024 Company: 21Q2·24Q3 2024 Company: 21Q4 2024 Company: 20Q4·24Q1 2025 Company: 18Q2 2025 Company: 12Q2·25Q3 2025 Company: 8Q4 2025 Company: 8Q4·25Q1 2026 Company: 8Q2 2026 Company: 6Q2·26Q3 2026 Company: 6Q3·2605101520Q4 2024 Company: 20Q1 2025 Company: 18Q1·25Q2 2025 Company: 12Q3 2025 Company: 8Q3·25Q4 2025 Company: 8Q1 2026 Company: 8Q1·26Q2 2026 Company: 6Q3 2026 Company: 6Q3·26
State taxes, € thousand Q3 2026: 26 011 € · −49.1% vs Q2 2026
050100150200250Q4 2023 Company: 218 717 €Q4·23Q1 2024 Company: 170 303 €Q2 2024 Company: 215 675 €Q2·24Q3 2024 Company: 131 770 €Q4 2024 Company: 145 377 €Q4·24Q1 2025 Company: 212 124 €Q2 2025 Company: 130 188 €Q2·25Q3 2025 Company: 150 209 €Q4 2025 Company: 59 951 €Q4·25Q1 2026 Company: 59 028 €Q2 2026 Company: 51 085 €Q2·26Q3 2026 Company: 26 011 €Q3·26050100150200250Q4 2024 Company: 145 377 €Q1 2025 Company: 212 124 €Q1·25Q2 2025 Company: 130 188 €Q3 2025 Company: 150 209 €Q3·25Q4 2025 Company: 59 951 €Q1 2026 Company: 59 028 €Q1·26Q2 2026 Company: 51 085 €Q3 2026 Company: 26 011 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 421 788 26 011 21 915 6
Q2 2026 151 193 51 085 33 732 6
Q1 2026 181 049 59 028 37 802 8
Q4 2025 246 897 59 951 51 199 8
Q3 2025 469 759 150 209 112 756 8
Q2 2025 686 518 130 188 95 126 12
Q1 2025 1 538 791 212 124 205 248 18
Q4 2024 2 151 764 145 377 164 339 20
Q3 2024 3 711 001 131 770 139 436 21
Q2 2024 2 582 075 215 675 235 761 21
Q1 2024 3 164 811 170 303 199 547 21
Q4 2023 3 862 800 218 717 254 114 25
Q3 2023 4 510 818 190 619 218 361 29
Q2 2023 4 370 929 230 837 245 730 30
Q1 2023 7 014 001 250 442 265 094 31
Q4 2022 6 824 495 235 316 259 346 32
Q3 2022 4 766 603 253 001 267 669 34
Q2 2022 4 603 963 229 476 254 549 41
Q1 2022 4 171 701 213 268 228 192 43
Labour taxes per employee per month
1 218 €
Turnover per employee in the quarter
70 298 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025
Revenue, € thousand 2025: 1 174 924 € · −81.3% vs 2024 · industry median 5 175 € · above 98% of the industry
02 5005 0007 50010 00012 5002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 10 754 617 € Industry median: 7 908 €20192020 Company: 11 142 108 € Industry median: 6 940 €20202021 Company: 10 509 624 € Industry median: 6 116 €20212022 Company: 10 892 589 € Industry median: 8 375 €20222023 Company: 10 723 070 € Industry median: 7 880 €20232024 Company: 6 296 116 € Industry median: 5 831 €20242025 Company: 1 174 924 € Industry median: 5 175 €202502 5005 0007 50010 00012 5002018 Company: — Industry median: —2019 Company: 10 754 617 € Industry median: 7 908 €20192020 Company: 11 142 108 € Industry median: 6 940 €2021 Company: 10 509 624 € Industry median: 6 116 €20212022 Company: 10 892 589 € Industry median: 8 375 €2023 Company: 10 723 070 € Industry median: 7 880 €20232024 Company: 6 296 116 € Industry median: 5 831 €2025 Company: 1 174 924 € Industry median: 5 175 €2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -1 325 447 € · −95.6% vs 2024 · industry median 0 € · above 2% of the industry
-8 000-6 000-4 000-2 00002 0004 0002016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 127 011 € Industry median: 399 €20192020 Company: -6 146 632 € Industry median: 143 €20202021 Company: -5 169 130 € Industry median: 88 €20212022 Company: 2 160 631 € Industry median: 5 €20222023 Company: 670 711 € Industry median: 0 €20232024 Company: -677 654 € Industry median: 0 €20242025 Company: -1 325 447 € Industry median: 0 €2025-8 000-6 000-4 000-2 00002 0004 0002018 Company: — Industry median: —2019 Company: 127 011 € Industry median: 399 €20192020 Company: -6 146 632 € Industry median: 143 €2021 Company: -5 169 130 € Industry median: 88 €20212022 Company: 2 160 631 € Industry median: 5 €2023 Company: 670 711 € Industry median: 0 €20232024 Company: -677 654 € Industry median: 0 €2025 Company: -1 325 447 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -112.8 % · −102.0 pp vs the year before · industry median 4.4 % · above 7% of the industry
-150-100-500502016 Company: — Industry median: —20162017 Company: — Industry median: —20172018 Company: — Industry median: —20182019 Company: 1.2 % Industry median: 10.2 %20192020 Company: -55.2 % Industry median: 10.8 %20202021 Company: -49.2 % Industry median: 10.1 %20212022 Company: 19.8 % Industry median: 7.6 %20222023 Company: 6.3 % Industry median: 6.4 %20232024 Company: -10.8 % Industry median: 5.9 %20242025 Company: -112.8 % Industry median: 4.4 %2025-150-100-500502018 Company: — Industry median: —2019 Company: 1.2 % Industry median: 10.2 %20192020 Company: -55.2 % Industry median: 10.8 %2021 Company: -49.2 % Industry median: 10.1 %20212022 Company: 19.8 % Industry median: 7.6 %2023 Company: 6.3 % Industry median: 6.4 %20232024 Company: -10.8 % Industry median: 5.9 %2025 Company: -112.8 % Industry median: 4.4 %2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 481 996 € · −96.6% vs 2024
05 00010 00015 0002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 14 036 047 €20192020 Company: 10 123 386 €20202021 Company: 8 494 938 €20212022 Company: 12 980 353 €20222023 Company: 14 118 008 €20232024 Company: 14 318 156 €20242025 Company: 481 996 €202505 00010 00015 0002018 Company: —2019 Company: 14 036 047 €20192020 Company: 10 123 386 €2021 Company: 8 494 938 €20212022 Company: 12 980 353 €2023 Company: 14 118 008 €20232024 Company: 14 318 156 €2025 Company: 481 996 €2025
Equity, € thousand 2025: 398 156 € · −96.3% vs 2024
02 5005 0007 50010 00012 5002016 Company: —20162017 Company: —20172018 Company: —20182019 Company: 12 345 165 €20192020 Company: 6 198 533 €20202021 Company: 1 007 566 €20212022 Company: 10 896 002 €20222023 Company: 11 566 713 €20232024 Company: 10 889 059 €20242025 Company: 398 156 €202502 5005 0007 50010 00012 5002018 Company: —2019 Company: 12 345 165 €20192020 Company: 6 198 533 €2021 Company: 1 007 566 €20212022 Company: 10 896 002 €2023 Company: 11 566 713 €20232024 Company: 10 889 059 €2025 Company: 398 156 €2025
Employees 2025: 13 · −61.8% vs 2024 · industry median 1 · above 94% of the industry
0204060802016 Company: 75 Industry median: —20162017 Company: 79 Industry median: —20172018 Company: 77 Industry median: 120182019 Company: 77 Industry median: 120192020 Company: 65 Industry median: 120202021 Company: 54 Industry median: 120212022 Company: 49 Industry median: 120222023 Company: 41 Industry median: 120232024 Company: 34 Industry median: 120242025 Company: 13 Industry median: 120250204060802018 Company: 77 Industry median: 12019 Company: 77 Industry median: 120192020 Company: 65 Industry median: 12021 Company: 54 Industry median: 120212022 Company: 49 Industry median: 12023 Company: 41 Industry median: 120232024 Company: 34 Industry median: 12025 Company: 13 Industry median: 12025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 1 174 924 -1 325 447 637 465 481 996 398 156 13
2024 6 296 116 -677 654 1 720 387 14 318 156 10 889 059 34
2023 10 723 070 670 711 2 139 486 14 118 008 11 566 713 41
2022 10 892 589 2 160 631 2 301 877 12 980 353 10 896 002 49
2021 10 509 624 -5 169 130 2 170 182 8 494 938 1 007 566 54
2020 11 142 108 -6 146 632 2 816 805 10 123 386 6 198 533 65
2019 10 754 617 127 011 2 862 831 14 036 047 12 345 165 77
2018 — — — — — 77
2017 — — — — — 79
2016 — — — — — 75
2015 — — — — — 74
2014 — — — — — 0
2013 — — — — — 65
2012 — — — — — 33
2011 — — — — — 9
2010 — — — — — 1
2009 — — — — — 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
-112.8 %
Net profit / revenue
Return on equity (ROE)
-332.9 %
Net profit / equity
Return on assets (ROA)
-275.0 %
Net profit / assets
Equity ratio
82.6 %
Equity / assets
Debt ratio
17.4 %
Liabilities / assets
Current ratio
1.08
Current assets / current liabilities
Revenue per employee
90 379 €
Revenue / average full-time employees
Labour cost per employee per month
4 086 €
Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 6 Feb 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 14 Mar 2025 Company’s own · audited e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 4 Apr 2024 Company’s own · audited e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 17 Mar 2023 Company’s own · audited e-Äriregister
2021 1 Jan 2021 – 31 Dec 2021 20 Apr 2022 Company’s own · audited e-Äriregister
2020 1 Jan 2020 – 31 Dec 2020 19 Apr 2021 Company’s own · audited e-Äriregister
2019 1 Jan 2019 – 31 Dec 2019 1 Apr 2020 Company’s own · audited e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

  • Forty Two Ventures OÜ
    Legal person · 14548629 · 8 000 €
  • Gaijin Games Kft
    Legal person · 5 200 €

Owner in

Beneficial owners

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 58211Publishing of video games Main
  • 62901Other information technology and computer service activities
  • 69202Bookkeeping, tax consulting
  • 70201Business and other management consultancy activities
  • 78209Other human resources provision
  • 82101Office administrative and support activities
Rulings
Number, date Title Deadline State Document
Ä 10147409 / 25
26 Jun 2025
Amendment under Code of Civil Procedure § 595¹ (1) In force
26 Jun 2025
PDF
Ä 10147409 / 24
30 Jan 2025
Division entry (second, constitutive) In force
30 Jan 2025
PDF
Ä 10147409 / M12
7 Jan 2025
Ruling to eliminate deficiencies 8 Mar 2025 Deficiencies eliminated
28 Jan 2025
PDF
K 10147409 / 23
25 Oct 2024
Commercial pledge deleted In force
25 Oct 2024
PDF
K 10147409 / 22
25 Oct 2024
Commercial pledge deleted In force
25 Oct 2024
PDF
Ä 10147409 / 21
17 Oct 2024
Amendment entry In force
17 Oct 2024
PDF
Ä 10147409 / M11
3 Oct 2024
Ruling to eliminate deficiencies 19 Oct 2024 Deficiencies eliminated
16 Oct 2024
PDF
Ä 10147409 / 20
19 Jun 2024
Amendment entry In force
19 Jun 2024
PDF
Ä 10147409 / 19
19 Jun 2023
Amendment entry In force
19 Jun 2023
PDF
Ä 10147409 / 18
26 Apr 2023
Amendment entry In force
26 Apr 2023
PDF
Ä 10147409 / 17
22 Jun 2022
Amendment entry In force
22 Jun 2022
PDF
Ä 10147409 / M10
15 Jun 2022
Ruling to eliminate deficiencies 4 Aug 2022 Deficiencies eliminated
20 Jun 2022
PDF
Ä 10147409 / 16
8 Jun 2022
Amendment entry In force
8 Jun 2022
PDF
Ä 10147409 / M9
31 May 2022
Ruling to eliminate deficiencies 10 Jun 2022 Deficiencies eliminated
31 May 2022
PDF
Ä 10147409 / 15
25 May 2022
Amendment entry In force
25 May 2022
PDF
Ä 10147409 / M8
20 May 2022
Ruling to eliminate deficiencies 4 Jun 2022 Deficiencies eliminated
25 May 2022
PDF
Ä 10147409 / M7
19 May 2022
Ruling to eliminate deficiencies 3 Jun 2022 Deficiencies eliminated
25 May 2022
PDF
Ä 10147409 / 14
1 Apr 2022
Amendment entry In force
1 Apr 2022
PDF
Ä 10147409 / 13
4 Feb 2022
Amendment entry In force
4 Feb 2022
PDF
Ä 10147409 / 12
10 Jul 2020
Amendment under Commercial Code § 525 (2) In force
10 Jul 2020
PDF
Ä 10147409 / 11
10 Apr 2019
Amendment entry In force
10 Apr 2019
PDF
Ä 10147409 / M6
15 Mar 2019
Ruling to eliminate deficiencies 4 Apr 2019 Deficiencies eliminated
10 Apr 2019
PDF
Ä 10147409 / 10
8 Sep 2018
Amendment entry In force
8 Sep 2018
PDF
Ä 10147409 / 9
19 Jan 2018
Amendment entry In force
19 Jan 2018
PDF
Ä 10147409 / 8
5 Dec 2017
Amendment entry In force
5 Dec 2017
PDF
K 10147409 / 7
16 Nov 2017
Commercial pledge entered In force
16 Nov 2017
PDF
K 10147409 / M5
15 Nov 2017
Ruling to eliminate deficiencies 15 Dec 2017 Deficiencies eliminated
15 Nov 2017
PDF
K 10147409 / 6
12 Dec 2016
Commercial pledge entered In force
12 Dec 2016
PDF
Ä 10147409 / 5
4 Sep 2015
Amendment under Commercial Code § 525 (2) In force
4 Sep 2015
PDF
Ä 10147409 / M4
27 Jul 2015
Ruling to correct data outside an entry 26 Aug 2015 Deficiencies eliminated
30 Jul 2015
PDF
Ä 10147409 / 4
30 Jul 2012
Amendment under Commercial Code § 525 (2) In force
30 Jul 2012
PDF
Ä 10147409 / 3
9 Jun 2011
Amendment under Commercial Code § 525 (2) In force
9 Jun 2011
PDF
Ä 10147409 / 2
28 Feb 2011
Amendment under Commercial Code § 525 (2) In force
28 Feb 2011
PDF
Ä 10147409
14 Jan 2011
Amendment entry In force
14 Jan 2011
PDF
Ä 10147409 / M3
7 Jan 2011
Ruling to eliminate deficiencies 28 Feb 2011 In force
7 Jan 2011
PDF
Ä 10147409 / M2
23 Dec 2010
Ruling to eliminate deficiencies 31 Jan 2011 In force
23 Dec 2010
PDF
Ä 10147409 / M1
13 Dec 2010
Ruling to eliminate deficiencies 20 Jan 2011 In force
13 Dec 2010
PDF
Ä 40022937 / 2
6 Sep 2010
Amendment entry In force
6 Sep 2010
PDF
Ä 40022937 / M2
31 Aug 2010
Ruling to eliminate deficiencies 25 Dec 2010 In force
31 Aug 2010
PDF
Ä 40022937 / M1
25 Aug 2010
Ruling to eliminate deficiencies 25 Dec 2010 In force
25 Aug 2010
PDF
Ä 22937
19 Mar 2009
First entry In force
19 Mar 2009
PDF

Sources: e-Äriregister and EMTA. Data updated 30 Oct 2026. Open at the source ↗ · Report an error in the data