Improvy OÜ: Our 2024 Tax Return and Startup-Style Growth
Improvy OÜ’s tax return is ready!
In 2024 Improvy OÜ turned into a real startup:
Revenue +252%
Expenses +71,500% (!)
Cash at year end +2,514%
Liabilities +7,842%
In reality it is not as bad as it looks, because all of the liabilities are a loan I gave the company myself to cover operating expenses. When the term ends, I will have the option to take the repayment not in cash, but as an increased equity stake in the company.
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