99math OÜ

Active Registry code 14682374 OÜ Tallinn Registered 15 Mar 2019

99math OÜ is a OÜ based in Tallinn, registry code 14682374, status: active. Main activity: Other content distribution activities. According to EMTA, turnover for Q3 2026 was €201 868 with 4 employees.

Turnover

201 868 €

↓ 22.0% vs Q2 2026

State taxes

22 865 €

↑ 33.5% vs Q2 2026

Labour taxes

24 461 €

↑ 30.9% vs Q2 2026

Employees

±0 vs Q2 2026

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

Position in the industry Programming, broadcasting, news agency and other content distribution activities · EMTAK 60

Turnover · Q3 2026 201 868 €

above 91% of companies

industry median 8 727 € · companies in the industry: 166
Labour taxes per employee 6 115 €

above 94% of companies

industry median 1 296 € · companies in the industry: 67
Revenue · 2025 488 162 €

above 94% of companies

industry median 9 824 € · companies in the industry: 301
Net profit margin · 2025 -125.2 %

above 2% of companies

industry median 9.8 % · companies in the industry: 218

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 201 868 € · −22.0% vs Q2 2026 · industry median 8 727 € · above 91% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 6 115 € · +30.9% vs Q2 2026 · industry median 1 296 € · above 94% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · +0.0% vs Q2 2026

State taxes, € Q3 2026: 22 865 € · +33.5% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	201 868	22 865	24 461	4
Q2 2026	258 827	17 132	18 691	4
Q1 2026	141 207	15 782	17 257	3
Q4 2025	200 931	37 953	40 821	3
Q3 2025	149 377	44 294	46 571	6
Q2 2025	201 280	36 928	35 300	7
Q1 2025	183 320	31 477	33 338	6
Q4 2024	169 617	35 522	38 036	5
Q3 2024	96 387	49 433	51 378	6
Q2 2024	117 601	27 229	27 799	8
Q1 2024	170 561	54 552	53 272	7
Q4 2023	75 600	50 426	51 515	9
Q3 2023	24 765	49 551	51 405	9
Q2 2023	—	42 550	43 702	7
Q1 2023	—	46 293	49 163	7
Q4 2022	—	43 876	44 310	6
Q3 2022	—	46 003	48 013	10
Q2 2022	—	37 131	37 195	9
Q1 2022	—	31 552	33 142	10

Labour taxes per employee per month

2 038 €

Turnover per employee in the quarter

50 467 €

Q3 2026 · calculated from EMTA data

Financials by year

2019 – 2025

Revenue, € thousand 2025: 488 162 € · +52.9% vs 2024 · industry median 9 824 € · above 94% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: -611 065 € · +29.9% vs 2024 · industry median 287 € · above 2% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -125.2 % · +147.8 pp vs the year before · industry median 9.8 % · above 2% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 885 427 € · −4.0% vs 2024

Equity, € thousand 2025: -965 991 € · −278.9% vs 2024

Employees 2025: 5 · −16.7% vs 2024 · industry median 1 · above 90% of the industry

Company
Industry median

Industry: Programming, broadcasting, news agency and other content distribution 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	488 162	-611 065	249 757	1 885 427	-965 991	5
2024	319 196	-871 177	283 467	1 964 266	-254 926	6
2023	108 149	-1 309 820	303 657	1 975 955	616 251	8
2022	15 865	-778 008	145 988	2 066 466	1 926 071	9
2021	1 951	-234 945	103 794	763 382	704 079	6
2020	0	-209 486	85 800	161 102	121 965	5
2019	12 830	-101 313	62 494	325 738	281 471	2

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

-125.2 %

Net profit / revenue

Return on assets (ROA)

-32.4 %

Net profit / assets

Equity ratio

-51.2 %

Equity / assets

Debt ratio

151.2 %

Liabilities / assets

Current ratio

3.74

Current assets / current liabilities

Revenue per employee

97 632 €

Revenue / average full-time employees

Labour cost per employee per month

4 163 €

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	30 Jun 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	2 Jul 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	19 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	29 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	2 Aug 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	29 Jun 2021	Company’s own	e-Äriregister
2019	15 Mar 2019 – 31 Dec 2019	22 Dec 2020	Company’s own	e-Äriregister

Board

Timo Timmi
Board member · since 9 Oct 2024

Right of representation

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

Owners

PLAY VENTURES INVESTMENTS VCC
Legal person · 1 185 €

22.18%
AA Tekk OÜ
Legal person · 16194325 · 917 €

17.15%
Timmi Huge Investments OÜ
Legal person · 16205483 · 917 €

17.15%
Usaldusfond Change Ventures Fund II
Legal person · 14802453 · 743 €

13.90%
Vasja OÜ
Legal person · 16171784 · 625 €

11.70%
GIVC Tech Limited
Legal person · 424 €

7.94%
GIVC TECH II LIMITED
Legal person · 208 €

3.89%
Heateo Sihtasutus
Legal person · 90008175 · 70 €

1.31%
ZERO Technologies SIA
Legal person · 47 €

0.88%
99math OÜ
Legal person · 14682374 · 42 €

0.79%
John Kenevey
Natural person · 40 €

0.74%
Etna Invest OÜ
Legal person · 16167564 · 24 €

0.45%
Slava Käsi OÜ
Legal person · 12217265 · 20 €

0.37%
OÜ Susilaane
Legal person · 14247164 · 18 €

0.35%
Shuhari OÜ
Legal person · 14826465 · 18 €

0.35%
UPNORD INTERNATIONAL OÜ
Legal person · 11414012 · 18 €

0.34%
OÜ Laughable Company
Legal person · 10857954 · 12 €

0.22%
Peter Vesterbacka
Natural person · 8 €

0.15%
Hypester Osaühing
Legal person · 11542879 · 8 €

0.15%

Owner in

99math OÜ
0.79%

Beneficial owners

Timo Timmi
Member of a senior management body (management or supervisory board) · since 22 Jan 2025

Founders and other persons

Tõnis Kusmin
Founder · 2 500 € · 14 Mar 2019
Ain Arend
Chairman of the supervisory board · 21 Jun 2021
Harri Manninen
Supervisory board member · 20 Apr 2022
Tõnis Kusmin
Supervisory board member · 3 Oct 2024
Andris Bērziņš
Supervisory board member · 13 May 2025

shared board members, owners or beneficial owners

Activities (EMTAK)

60391Other content distribution activities Main

Rulings 24

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 50115169 / 18 8 Jan 2026	Amendment under Code of Civil Procedure § 595¹ (1)		In force 8 Jan 2026	PDF
Ä 50115169 / M6 29 Jan 2025	Ruling to correct data outside an entry	12 Feb 2025	In force 29 Jan 2025	PDF
Ä 50115169 / 17 21 Jan 2025	Amendment entry		In force 21 Jan 2025	PDF
Ä 50115169 / M5 23 Dec 2024	Procedural ruling	6 Jan 2025	Deficiencies eliminated 23 Dec 2024	PDF
Ä 50115169 / 16 23 Dec 2024	Amendment entry		In force 23 Dec 2024	PDF
Ä 50115169 / 15 9 Oct 2024	Amendment entry		In force 9 Oct 2024	PDF
Ä 50115169 / 14 27 Sep 2023	Amendment entry		In force 27 Sep 2023	PDF
Ä 50115169 / 13 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 50115169 / 12 25 May 2022	Amendment entry		In force 25 May 2022	PDF
Ä 50115169 / 11 10 Jan 2022	Amendment entry		In force 10 Jan 2022	PDF
Ä 50115169 / 10 3 Aug 2021	Amendment entry		In force 3 Aug 2021	PDF
Ä 50115169 / M4 30 Jul 2021	Ruling to eliminate deficiencies	29 Aug 2021	Deficiencies eliminated 3 Aug 2021	PDF
Ä 50115169 / 9 27 Jul 2021	Amendment entry		In force 27 Jul 2021	PDF
Ä 50115169 / 8 13 Jul 2021	Amendment under Commercial Code § 525 (2)		In force 13 Jul 2021	PDF
Ä 50115169 / 7 19 Feb 2021	Amendment entry		In force 19 Feb 2021	PDF
Ä 50115169 / M3 17 Feb 2021	Ruling to eliminate deficiencies	4 Mar 2021	Deficiencies eliminated 18 Feb 2021	PDF
Ä 50115169 / 6 6 Nov 2020	Amendment under Commercial Code § 525 (2)		In force 6 Nov 2020	PDF
Ä 50115169 / M2 24 Aug 2020	Public service of a ruling in Ametlikud Teadaanded		In force 24 Aug 2020	PDF
Ä 50115169 / 5 17 Jul 2020	Entry refused: deficiencies not eliminated		In force 25 Sep 2020	PDF
Ä 50115169 / M1 8 Jun 2020	Ruling to eliminate deficiencies	8 Jul 2020	In force 8 Jun 2020	PDF
Ä 50115169 / 4 8 Jan 2020	Amendment entry		In force 8 Jan 2020	PDF
Ä 50115169 / 3 26 Aug 2019	Amendment entry		In force 26 Aug 2019	PDF
Ä 50115169 / 2 16 Aug 2019	Amendment entry		In force 16 Aug 2019	PDF
Ä 50115169 15 Mar 2019	First entry		In force 15 Mar 2019	PDF

Sources: e-Äriregister and EMTA. Data updated 28 Oct 2026. Open at the source ↗ · Report an error in the data

99math OÜ

Position in the industry Programming, broadcasting, news agency and other content distribution activities · EMTAK 60

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 24