Company · 61.10 · Telecommunications

SIA Lexico Telecom LTD

Address confidence: Confirmed

Show on the map Find website Sector: Information and communication

Turnover · 2025

49.4 M €

+148% vs previous year

Employees

Turnover per employee: 9.9 M €

Taxes paid · 2024

32 k €

Payroll fund / employees: 11 k €

Payroll fund · 2024 estimate

56 k €

Wage estimate, gross: 935 €

Tax breakdown · 2026 Q3

Total paid to VID 30 k €

Personal income tax 12 k €

Social contributions 19 k €

VAT paid · after deductions 0 €

VAT refunded by the state 3 k €

Money paid to and returned by the tax office during the quarter, not tax charged. VAT on purchases is already deducted inside the payment — it does not appear here separately. A refund arises only when deductions exceed the VAT charged on sales: for exporters, intra-EU suppliers, and under the domestic reverse charge (construction, timber, scrap metal), not for every company with large purchases. Compare with the turnover of the same quarter, not of the year.

Quarterly history

Quarter	Total paid to VID	Personal income tax	Social contributions	VAT paid · after deductions	VAT refunded by the state
2026 Q3	30 k €	12 k €	19 k €	0 €	3 k €
2026 Q2	24 k €	12 k €	18 k €	2 k €	8 k €
2026 Q1	30 k €	12 k €	19 k €	0 €	640 €
2025 Q4	33 k €	12 k €	23 k €	0 €	3 k €
2024	32 k €	11 k €	19 k €	—	—
2023	46 k €	11 k €	18 k €	—	—
2022	33 k €	9 k €	14 k €	—	—

Financial health · From the 2025 balance sheet

Net profit1.1 M €

Total assets9.0 M €

Equity6.9 M €

Current ratio1.9

Quick ratio1.9

Debt to equity0.3

Equity ratio76.5%

Return on assets12.1%

Return on equity15.8%

Cross-section against the peer median

Compared with companies under NACE code 61.10 — 24.

Turnover

×28

49.4 M € 1.8 M €

Employees

÷2.2

5 11

Taxes paid

÷1.5

30 k € 46 k €

Payroll

÷3.3

56 k € 184 k €

Logarithmic scale

÷10÷3×1×3×10

Position among peers

Turnover

above 92% of peers

Employees

above 25% of peers

This company Peer median · 24

Indicators

Turnover per employee 9.9 M € ×60.8 of the median

Margin 2.2%

Year on year +148%

Payroll fund estimate 56 k €

Registration number 40103354697

Registered address Rīga, Miera iela 12 - 1

panel.caveats

Building coordinate from the State Address Register. Figures come from public registers. Wage, export share and address confidence are estimates and are always labelled as such.

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Filed annual reports

Figures the company filed itself. Bar length shows size within the column; the longest is its best year. An empty cell means no report for that year — not a zero.

Year	Turnover	Net profit	Assets	Employees
2025	49.4 M €	1.1 M €	9.0 M €	5
2024	19.9 M €	2.3 M €	7.9 M €	5
2023	18.8 M €	229 k €	4.9 M €	5
2022	35.6 M €	1.2 M €	8.4 M €	5
2021	32.4 M €	643 k €	7.3 M €	5
2020	28.2 M €	598 k €	3.9 M €	5

Source: annual reports from the Register of Enterprises, as filed. A missing year is a missing report, not a loss.

Foreign trade of the industry · 2025

All companies in division 61 — Telecommunications — not this company. Trade by individual firms is not published by law; by industry it is.

Industry goods exports

20.5 M €

Industry goods imports

114.0 M €

Exported most: Machinery and electrical equipment — 20.2 M €, Optical and precision instruments, clocks — 267 k €, Miscellaneous manufactured articles — 15 k €

Source: Official Statistics of Latvia, table ATN011, goods trade by the activity of the trading enterprise. “Not published” means the figure would identify a single firm — it is not a zero.