This company's branding has already reached 2,142 peoplebut no user is tracking his activities.On average, the company has been rated 4.8 points.but there is no comment.

Strategic decision: No desire to increase customer base
Board member Maria Maljar (22.11.2024): "We focus only on providing high-quality service to existing customers and maintaining relationships. We do not plan to increase our customer base."

's activity report 2022

Mashamedia OÜ (hereinafter referred to as the company) was established and registered in the Commercial Register on June 8, 2017.

The company's financial year comprises 12 months. The financial year begins on January 1 and ends on December 31.

The main activity of the company according to the Estonian economic activity classifier is 73111 or Advertising agencies.

The company's board consists of one member.

The sales revenue for the reporting period amounted to 22,588,983 EUR (10,963,454 EUR in 2021). The profit for the reporting year 2022 is 5,694,141 EUR (1,066,955 EUR in 2021).

The average number of employees per month during the reporting period is 7 (6 in 2021). The labor costs for the reporting period amounted to 392,765 EUR (236,205 EUR in 2021), of which the board member's salary costs amounted to 0 EUR (0 EUR in 2021). Dividends of 947,887 EUR were paid out (436,152 EUR in 2021).

In August 2021, a division took place in Mashamedia, as a result of which a separate company ODAL Invest was created. During the division, real estate investments, tangible fixed assets, intangible fixed assets and other assets totaling 895,683 euros were separated from Mashamedia. Since Mashamedia did not acquire a stake in the new company during the division, the aforementioned amount reduced the undistributed profit of previous periods.

In March 2021, Mashamedia OÜ established a subsidiary SOTA Investments OÜ with a 100% stake (investment amount 2,500 euros) and an associated company Performance Collective OÜ with a 40% stake (investment amount 1,000 euros). The company has not prepared consolidated financial statements based on the exception provided for in § 29 (1) of the Accounting Act.

In 2022, a total of 340,697 euros in dividends were received from the associated company.

The board of Mashamedia OÜ confirms that the company is still an operating entity.

Main financial ratios for the financial year and the previous financial year: 2022 2021

Sales revenue growth 106% 82%

Net profit growth 434% -31%

Net profitability 25% 10%

Short-term obligations coverage ratio 5.50 1.59

ROE 102% 127%

Methodology for calculating the presented financial ratios:

Sales revenue growth = (2022 sales revenue - 2021 sales revenue) / 2021 sales revenue * 100

Net profit growth = (2022 net profit - 2021 net profit) / 2021 net profit * 100

Net profitability = net profit / sales revenue * 100

Short-term obligations coverage ratio = current assets / short-term obligations

ROE = net profit / equity * 100

Future plans

Next year, the company plans to expand its clientele and increase the company's profit. The main objectives are to maintain and secure the market position in existing markets; finding new clients and markets; ensuring steady growth in turnover; ensuring the return on equity; quick response to market changes.