Lightspark Payments Europe AS
Lightspark Payments Europe AS is a AS based in Tallinn, registry code 16298772, status: active. Main activity: Other information technology and computer service activities. According to EMTA, turnover for Q3 2026 was €170 886 with 12 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 170 886 €above 87% of companiesindustry median 19 078 € · companies in the industry: 7 345
- Labour taxes per employee 18 401 €above 98% of companiesindustry median 2 345 € · companies in the industry: 2 783
- Revenue · 2025 2 mn €above 98% of companiesindustry median 14 309 € · companies in the industry: 13 336
- Net profit margin · 2025 -163.1 %above 2% of companiesindustry median 15.1 % · companies in the industry: 8 943
Taxes and turnover
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 170 886 | 204 316 | 220 816 | 12 |
| Q2 2026 | 284 981 | 129 929 | 140 771 | 12 |
| Q1 2026 | 331 194 | 123 984 | 112 029 | 11 |
| Q4 2025 | 435 738 | 1 098 212 | 1 173 297 | 9 |
| Q3 2025 | 316 638 | 70 143 | 76 406 | 9 |
| Q2 2025 | 385 025 | 110 920 | 101 039 | 9 |
| Q1 2025 | 285 518 | 97 224 | 83 386 | 13 |
| Q4 2024 | 334 156 | 95 909 | 74 732 | 10 |
| Q3 2024 | 232 800 | 82 495 | 72 165 | 9 |
| Q2 2024 | 306 062 | 65 215 | 56 238 | 10 |
| Q1 2024 | 256 459 | 57 014 | 49 217 | 7 |
| Q4 2023 | 368 020 | 62 700 | 48 756 | 7 |
| Q3 2023 | 96 887 | 41 123 | 39 643 | 6 |
| Q2 2023 | 175 931 | 40 455 | 36 242 | 5 |
| Q1 2023 | 185 383 | 31 977 | 31 918 | 4 |
| Q4 2022 | 104 567 | 41 700 | 44 259 | 4 |
| Q3 2022 | 151 121 | 52 738 | 55 636 | 5 |
| Q2 2022 | 331 783 | 41 200 | 43 552 | 8 |
| Q1 2022 | 114 436 | 16 371 | 17 273 | 8 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 2 031 048 | -3 312 168 | 3 581 258 | 6 223 009 | 2 163 484 | 10 |
| 2024 | 1 430 835 | 330 002 | 673 192 | 3 942 053 | 975 652 | 9 |
| 2023 | 835 034 | 167 919 | 418 008 | 1 056 213 | 645 651 | 6 |
| 2022 | 742 498 | 154 484 | 479 277 | 533 768 | 477 732 | 7 |
| 2021 | 120 351 | 73 248 | 29 752 | 106 521 | 85 248 | 4 |
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
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 29 Jun 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 1 Jul 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 2 Jul 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Jun 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 24 Aug 2021 – 31 Dec 2021 | 18 May 2023 | Company’s own | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 3 Sep 2025
- Prashanth BalasubramanianBoard member · since 24 Aug 2021
- Andres KalmBoard member · since 3 Nov 2025
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- David Alexandre MarcusIndirect ownership · USA · since 23 Oct 2025
- Stephanie Fortunée Loïse MarcusIndirect ownership · USA · since 23 Oct 2025
Founders and other persons
- Prashanth BalasubramanianFounder · 10 000 € · 23 Aug 2021
- Audit Advisory OÜAudit firm · 18 Apr 2022
- Jaak ErmChairman of the supervisory board · 7 Oct 2025
- Andres LehtmetsSupervisory board member · 3 Sep 2025
- Marek PillerSupervisory board member · 3 Sep 2025
- Omanikukonto: LASTBIT, LLCShareholder · 1 000 000 € · 30 Apr 2026
Activities (EMTAK)
- 62901Other information technology and computer service activities Main
- 62101Computer programming activities
- 64991Other financial service activities, except insurance and pension funding n.e.c.
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50181200 / 13 12 Oct 2026 |
Amendment entry | In force 12 Oct 2026 |
||
| Ä 50181200 / 12 30 Apr 2026 |
Amendment entry | In force 30 Apr 2026 |
||
| Ä 50181200 / 11 8 Jan 2026 |
Amendment entry | In force 8 Jan 2026 |
||
| Ä 50181200 / 10 30 Dec 2025 |
Entry on a set date | In force 30 Dec 2025 |
||
| Ä 50181200 / M3 19 Dec 2025 |
Business name reservation confirmed | In force 19 Dec 2025 |
||
| Ä 50181200 / 9 3 Nov 2025 |
Amendment entry | In force 3 Nov 2025 |
||
| Ä 50181200 / 8 3 Sep 2025 |
Transformation entry | In force 3 Sep 2025 |
||
| Ä 50181200 / 7 26 Aug 2025 |
Amendment entry | In force 26 Aug 2025 |
||
| Ä 50181200 / M2 22 Aug 2025 |
Ruling to eliminate deficiencies | 21 Sep 2025 | Deficiencies eliminated 22 Aug 2025 |
|
| Ä 50181200 / 6 22 Aug 2025 |
Amendment entry | In force 22 Aug 2025 |
||
| Ä 50181200 / 5 17 Jul 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 17 Jul 2024 |
||
| Ä 50181200 / 4 21 Apr 2022 |
Amendment entry | In force 21 Apr 2022 |
||
| Ä 50181200 / 3 31 Mar 2022 |
Amendment entry | In force 31 Mar 2022 |
||
| Ä 50181200 / 2 5 Nov 2021 |
Amendment entry | In force 5 Nov 2021 |
||
| Ä 50181200 / M1 24 Aug 2021 |
Ruling to eliminate deficiencies | 13 Sep 2021 | Deficiencies eliminated 24 Aug 2021 |
|
| Ä 50181200 24 Aug 2021 |
First entry | In force 24 Aug 2021 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data