Sfey Pay OÜ

Active Registry code 16578391 OÜ Tallinn Registered 22 Sep 2022
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Sfey Pay OÜ is a OÜ based in Tallinn, registry code 16578391, status: active. Main activity: Computer programming activities. According to EMTA, turnover for Q3 2026 was €662 616 with 9 employees.

Turnover
662 616 €
↑ 56.5% vs Q2 2026
State taxes
93 511 €
↓ 11.2% vs Q2 2026
Labour taxes
82 904 €
↓ 5.7% vs Q2 2026
Employees
9
−2 vs Q2 2026

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

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

  • Turnover · Q3 2026 662 616 €
    industry median 19 078 € · companies in the industry: 7 345
  • Labour taxes per employee 9 212 €
    industry median 2 345 € · companies in the industry: 2 783
  • Revenue · 2025 1.4 mn €
    industry median 14 309 € · companies in the industry: 13 336
  • Net profit margin · 2025 6.8 %
    industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 662 616 € · +56.5% vs Q2 2026 · industry median 19 078 € · above 98% of the industry
0200400600800Q4 2023 Company: 310 221 € Industry median: 20 666 €Q4·23Q1 2024 Company: 272 992 € Industry median: 20 684 €Q2 2024 Company: 324 298 € Industry median: 20 460 €Q2·24Q3 2024 Company: 443 944 € Industry median: 19 818 €Q4 2024 Company: 601 712 € Industry median: 20 482 €Q4·24Q1 2025 Company: 270 613 € Industry median: 20 692 €Q2 2025 Company: 366 292 € Industry median: 21 060 €Q2·25Q3 2025 Company: 347 183 € Industry median: 20 327 €Q4 2025 Company: 391 117 € Industry median: 21 191 €Q4·25Q1 2026 Company: 768 202 € Industry median: 20 665 €Q2 2026 Company: 423 272 € Industry median: 20 000 €Q2·26Q3 2026 Company: 662 616 € Industry median: 19 078 €Q3·260200400600800Q4 2024 Company: 601 712 € Industry median: 20 482 €Q1 2025 Company: 270 613 € Industry median: 20 692 €Q1·25Q2 2025 Company: 366 292 € Industry median: 21 060 €Q3 2025 Company: 347 183 € Industry median: 20 327 €Q3·25Q4 2025 Company: 391 117 € Industry median: 21 191 €Q1 2026 Company: 768 202 € Industry median: 20 665 €Q1·26Q2 2026 Company: 423 272 € Industry median: 20 000 €Q3 2026 Company: 662 616 € Industry median: 19 078 €Q3·26
  • 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.

Labour taxes per employee, € Q3 2026: 9 212 € · +15.3% vs Q2 2026 · industry median 2 345 € · above 94% of the industry
02 0004 0006 0008 00010 000Q4 2023 Company: 4 502 € Industry median: 2 319 €Q4·23Q1 2024 Company: 6 462 € Industry median: 2 529 €Q2 2024 Company: 7 844 € Industry median: 2 514 €Q2·24Q3 2024 Company: 7 624 € Industry median: 2 481 €Q4 2024 Company: 9 362 € Industry median: 2 431 €Q4·24Q1 2025 Company: 8 312 € Industry median: 2 523 €Q2 2025 Company: 7 341 € Industry median: 2 506 €Q2·25Q3 2025 Company: 6 997 € Industry median: 2 577 €Q4 2025 Company: 8 168 € Industry median: 2 632 €Q4·25Q1 2026 Company: 5 755 € Industry median: 2 408 €Q2 2026 Company: 7 990 € Industry median: 2 335 €Q2·26Q3 2026 Company: 9 212 € Industry median: 2 345 €Q3·2602 0004 0006 0008 00010 000Q4 2024 Company: 9 362 € Industry median: 2 431 €Q1 2025 Company: 8 312 € Industry median: 2 523 €Q1·25Q2 2025 Company: 7 341 € Industry median: 2 506 €Q3 2025 Company: 6 997 € Industry median: 2 577 €Q3·25Q4 2025 Company: 8 168 € Industry median: 2 632 €Q1 2026 Company: 5 755 € Industry median: 2 408 €Q1·26Q2 2026 Company: 7 990 € Industry median: 2 335 €Q3 2026 Company: 9 212 € Industry median: 2 345 €Q3·26
  • 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.

Employees Q3 2026: 9 · −18.2% vs Q2 2026
03581013Q4 2023 Company: 10Q4·23Q1 2024 Company: 10Q2 2024 Company: 10Q2·24Q3 2024 Company: 11Q4 2024 Company: 11Q4·24Q1 2025 Company: 10Q2 2025 Company: 10Q2·25Q3 2025 Company: 11Q4 2025 Company: 10Q4·25Q1 2026 Company: 12Q2 2026 Company: 11Q2·26Q3 2026 Company: 9Q3·2603581013Q4 2024 Company: 11Q1 2025 Company: 10Q1·25Q2 2025 Company: 10Q3 2025 Company: 11Q3·25Q4 2025 Company: 10Q1 2026 Company: 12Q1·26Q2 2026 Company: 11Q3 2026 Company: 9Q3·26
State taxes, € thousand Q3 2026: 93 511 € · −11.2% vs Q2 2026
050100150Q4 2023 Company: 59 370 €Q4·23Q1 2024 Company: 81 106 €Q2 2024 Company: 104 242 €Q2·24Q3 2024 Company: 108 602 €Q4 2024 Company: 132 052 €Q4·24Q1 2025 Company: 91 440 €Q2 2025 Company: 88 361 €Q2·25Q3 2025 Company: 97 440 €Q4 2025 Company: 104 982 €Q4·25Q1 2026 Company: 88 559 €Q2 2026 Company: 105 263 €Q2·26Q3 2026 Company: 93 511 €Q3·26050100150Q4 2024 Company: 132 052 €Q1 2025 Company: 91 440 €Q1·25Q2 2025 Company: 88 361 €Q3 2025 Company: 97 440 €Q3·25Q4 2025 Company: 104 982 €Q1 2026 Company: 88 559 €Q1·26Q2 2026 Company: 105 263 €Q3 2026 Company: 93 511 €Q3·26
Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 662 616 93 511 82 904 9
Q2 2026 423 272 105 263 87 892 11
Q1 2026 768 202 88 559 69 062 12
Q4 2025 391 117 104 982 81 682 10
Q3 2025 347 183 97 440 76 965 11
Q2 2025 366 292 88 361 73 409 10
Q1 2025 270 613 91 440 83 123 10
Q4 2024 601 712 132 052 102 980 11
Q3 2024 443 944 108 602 83 861 11
Q2 2024 324 298 104 242 78 438 10
Q1 2024 272 992 81 106 64 619 10
Q4 2023 310 221 59 370 45 016 10
Q3 2023 182 713 62 920 43 442 7
Q2 2023 135 324 48 309 39 285 7
Q1 2023 97 688 36 529 27 051 6
Q4 2022 1 779 44 27 4
Q3 2022 — — — 4
Q2 2022 — — — 3
Q1 2022 — — — 3
Labour taxes per employee per month
3 071 €
Turnover per employee in the quarter
73 624 €

Q3 2026 · calculated from EMTA data

Financials by year

2022 – 2025
Revenue, € thousand 2025: 1 374 227 € · −8.8% vs 2024 · industry median 14 309 € · above 98% of the industry
05001 0001 5002 0002022 Company: 18 200 € Industry median: 15 007 €20222023 Company: 724 650 € Industry median: 15 500 €20232024 Company: 1 506 605 € Industry median: 13 785 €20242025 Company: 1 374 227 € Industry median: 14 309 €202505001 0001 5002 0002022 Company: 18 200 € Industry median: 15 007 €2023 Company: 724 650 € Industry median: 15 500 €20232024 Company: 1 506 605 € Industry median: 13 785 €2025 Company: 1 374 227 € Industry median: 14 309 €2025
  • 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.

Net profit, € thousand 2025: 93 739 € · +75.0% vs 2024 · industry median 106 € · above 93% of the industry
-150-100-500501002022 Company: -62 767 € Industry median: 300 €20222023 Company: -114 344 € Industry median: 383 €20232024 Company: 53 555 € Industry median: 249 €20242025 Company: 93 739 € Industry median: 106 €2025-150-100-500501002022 Company: -62 767 € Industry median: 300 €2023 Company: -114 344 € Industry median: 383 €20232024 Company: 53 555 € Industry median: 249 €2025 Company: 93 739 € Industry median: 106 €2025
  • 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.

Net profit margin, % 2025: 6.8 % · +3.3 pp vs the year before · industry median 15.1 % · above 40% of the industry
-400-300-200-10001002022 Company: -344.9 % Industry median: 19.1 %20222023 Company: -15.8 % Industry median: 17.8 %20232024 Company: 3.6 % Industry median: 16.3 %20242025 Company: 6.8 % Industry median: 15.1 %2025-400-300-200-10001002022 Company: -344.9 % Industry median: 19.1 %2023 Company: -15.8 % Industry median: 17.8 %20232024 Company: 3.6 % Industry median: 16.3 %2025 Company: 6.8 % Industry median: 15.1 %2025
  • 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.

Assets, € thousand 2025: 1 037 366 € · +40.2% vs 2024
02505007501 0001 2502022 Company: 55 217 €20222023 Company: 499 482 €20232024 Company: 739 941 €20242025 Company: 1 037 366 €202502505007501 0001 2502022 Company: 55 217 €2023 Company: 499 482 €20232024 Company: 739 941 €2025 Company: 1 037 366 €2025
Equity, € thousand 2025: -25 816 € · +78.4% vs 2024
-200-150-100-5002022 Company: -60 267 €20222023 Company: -173 111 €20232024 Company: -119 556 €20242025 Company: -25 816 €2025-200-150-100-5002022 Company: -60 267 €2023 Company: -173 111 €20232024 Company: -119 556 €2025 Company: -25 816 €2025
Employees 2025: 15 · +15.4% vs 2024 · industry median 1 · above 98% of the industry
0510152022 Company: 4 Industry median: 120222023 Company: 13 Industry median: 120232024 Company: 13 Industry median: 120242025 Company: 15 Industry median: 120250510152022 Company: 4 Industry median: 12023 Company: 13 Industry median: 120232024 Company: 13 Industry median: 12025 Company: 15 Industry median: 12025
  • 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.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 1 374 227 93 739 1 079 143 1 037 366 -25 816 15
2024 1 506 605 53 555 1 101 914 739 941 -119 556 13
2023 724 650 -114 344 732 496 499 482 -173 111 13
2022 18 200 -62 767 63 997 55 217 -60 267 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

Net profit margin
6.8 %
Net profit / revenue
Return on assets (ROA)
9.0 %
Net profit / assets
Equity ratio
-2.5 %
Equity / assets
Debt ratio
102.5 %
Liabilities / assets
Current ratio
0.57
Current assets / current liabilities
Revenue per employee
91 615 €
Revenue / average full-time employees
Labour cost per employee per month
5 995 €
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 29 Jun 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 16 Jul 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 26 Jun 2024 Company’s own e-Äriregister
2022 22 Sep 2022 – 31 Dec 2022 26 Jun 2023 Company’s own e-Äriregister

Board

  • Jaroslav Stuchlík
    Board member · since 3 Nov 2022
  • Nasdaq CSD SE
    Keeper of the share register · since 26 Nov 2022

Right of representation

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

Owners

Beneficial owners

  • Cyrus Shey
    Member of a senior management body (management or supervisory board) · CHE · since 24 Jul 2025
  • Robert Hetherington
    Member of a senior management body (management or supervisory board) · GBR · since 24 Jul 2025
  • Sebastian Charpentier
    Member of a senior management body (management or supervisory board) · SWE · since 24 Jul 2025

Founders and other persons

  • Ridango AS
    Founder · 4 000 € · 12 Jun 2023
shared board members, owners or beneficial owners

Activities (EMTAK)

  • 62101Computer programming activities Main
Rulings
Number, date Title Deadline State Document
Ä 50210687 / 8
3 Oct 2024
Amendment entry In force
3 Oct 2024
PDF
Ä 50210687 / 7
26 Apr 2024
Amendment under Code of Civil Procedure § 595¹ (1) In force
26 Apr 2024
PDF
Ä 50210687 / 6
3 Jan 2024
Amendment entry In force
3 Jan 2024
PDF
Ä 50210687 / 5
12 Jun 2023
Amendment entry In force
12 Jun 2023
PDF
Ä 50210687 / M3
24 May 2023
Ruling to eliminate deficiencies 18 Jun 2023 Deficiencies eliminated
12 Jun 2023
PDF
Ä 50210687 / 4
3 May 2023
Amendment entry In force
3 May 2023
PDF
Ä 50210687 / 3
26 Nov 2022
Amendment entry In force
26 Nov 2022
PDF
Ä 50210687 / 2
3 Nov 2022
Amendment entry In force
3 Nov 2022
PDF
Ä 50210687 / M2
31 Oct 2022
Ruling to eliminate deficiencies 10 Nov 2022 Deficiencies eliminated
3 Nov 2022
PDF
Ä 50210687
22 Sep 2022
First entry In force
22 Sep 2022
PDF
Ä 50210687 / M1
13 Sep 2022
Ruling to eliminate deficiencies 23 Sep 2022 Deficiencies eliminated
14 Sep 2022
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data