Revenue
19.2% of sector revenue
902 companies earned 123.22m€ in 2025, 19.2% of Technology sector revenue. Revenue has grown 5.7× since 2015.
19.2% of sector revenue
646 with at most one employee
Largest employer: Epam Systems Montenegro (234)
Median company 3.1% · 44% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 601–650 of 902
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 25 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 21,432,513€ | 102 |
| 2016 | 23,981,551€ | 124 |
| 2017 | 24,175,954€ | 135 |
| 2018 | 29,013,136€ | 150 |
| 2019 | 34,126,406€ | 186 |
| 2020 | 39,345,455€ | 224 |
| 2021 | 44,225,942€ | 321 |
| 2022 | 83,800,507€ | 618 |
| 2023 | 115,241,171€ | 793 |
| 2024 | 123,696,636€ | 854 |
| 2025 (Preliminary) | 123,221,357€ | 902 |
The number of companies jumped most in 2022: from 321 to 618.
Employees and payroll cost per employee per month*
<0.1% |
| 1,728€ |
| -94.0% |
| -27,113€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 3 |
| 718€ |
| 603 | Slobodix03778363 · Podgorica | <0.1% | 1,720€ | No filing for 2024. | -1,886€ | -109.7% | 1 | — |
| 604 | Platform Montenegro Software03513980 · Bar | <0.1% | 1,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,529€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 790€ |
| 605 | Sinehus03308006 · Budva | <0.1% | 1,600€ | -92.0% | -12,878€ | -804.9% | 1 | 677€ |
| 606 | Best Supermarket03555011 · Herceg Novi | <0.1% | 1,560€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,779€ | -498.7% | 1 | 678€ |
| 607 | SK Solutions03419908 · Tivat | <0.1% | 1,550€ | -78.4% | -9,664€ | -623.5% | 1 | 922€ |
| 608 | Desi Europe03713857 · Podgorica | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,421€ | -894.7% | 1 | 1,243€ |
| 609 | Maybe Games03574563 · Tivat | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,512€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,350€ |
| 610 | One Two Games03523691 · Bar | <0.1% | 1,495€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,720€ | -449.5% | 1 | 677€ |
| 611 | Single Saga03636593 · Podgorica | <0.1% | 1,487€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,373€ | -563.1% | 1 | 678€ |
| 612 | Litzor03728277 · Budva | <0.1% | 1,446€ | No filing for 2024. | -9,731€ | -673.0% | 1 | 563€ |
| 613 | Damri03547108 · Kotor | <0.1% | 1,427€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,839€ | -479.3% | 1 | 674€ |
| 614 | Evabase03441300 · Herceg Novi | <0.1% | 1,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,754€ | -553.9% | 1 | 677€ |
| 615 | Bustus03689913 · Podgorica | <0.1% | 1,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -187€ | -13.6% | 1 | — |
| 616 | Opossum03431061 · Herceg Novi | <0.1% | 1,287€ | -32.8% | -8,646€ | -671.8% | 1 | 678€ |
| 617 | Eaera Montenegro03275426 · Podgorica | <0.1% | 1,200€ | 0.0% | -49,942€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 656€ |
| 618 | Time Ed03282414 · Podgorica | <0.1% | 1,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,013€ |
| 619 | CMC Agency03375196 · Budva | <0.1% | 960€ | -85.0% | -7,320€ | -762.5% | 1 | 676€ |
| 620 | Konfidi03391493 · Podgorica | <0.1% | 833€ | -57.3% | -2,283€ | -274.1% | 1 | — |
| 621 | Reazy03671437 · Nikšić | <0.1% | 832€ | -64.4% | -4,350€ | -522.8% | 1 | 394€ |
| 622 | Erpis Software03261522 · Budva | <0.1% | 750€ | +642.6% | -11,742€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 928€ |
| 623 | Velika Data03330249 · Herceg Novi | <0.1% | 747€ | +654.5% | -7,473€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 624 | Gitbyte03347443 · Podgorica | <0.1% | 700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,528€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 625 | Bvmsoft Co03558819 · Podgorica | <0.1% | 447€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,691€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 626 | Dubinin Development03565190 · Podgorica | <0.1% | 436€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,702€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 627 | Knowcoding03725871 · Budva | <0.1% | 404€ | No filing for 2024. | -9,958€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 794€ |
| 628 | Oriens Technology03330320 · Herceg Novi | <0.1% | 377€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,767€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 654€ |
| 629 | Amika Montenegro03546527 · Podgorica | <0.1% | 300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,155€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 630 | Indapp03520790 · Tivat | <0.1% | 200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,377€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 685€ |
| 631 | Full Stack Studio03765059 · Podgorica | <0.1% | 120€ | No filing for 2024. | -1,659€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 632 | Mironpak03153908 · Herceg Novi | <0.1% | 100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,747€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 560€ |
| 633 | Pink Fox03694445 · Kotor | <0.1% | 99€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,048€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 634 | Prtech Solutions03438538 · Budva | <0.1% | 62€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,459€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 784€ |
| 635 | PRLTS03524523 · Tivat | <0.1% | 39€ | +680.0% | -13,113€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 973€ |
| 636 | Happyplace03470288 · Podgorica | <0.1% | 35€ | -90.3% | -3,709€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 637 | Zlatna Planina03605175 · Podgorica | <0.1% | 29€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,134€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 638 | Chednt03523012 · Herceg Novi | <0.1% | 27€ | +237.5% | -12,265€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 639 | Underwater CG03580784 · Cetinje | <0.1% | 13€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,483€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 680€ |
| 640 | Creepy Garden03502406 · Kotor | <0.1% | 8€ | -99.7% | -12,550€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 926€ |
| 641 | It Home Bsa03545610 · Podgorica | <0.1% | 8€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,174€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 642 | Vraxis03293688 · Herceg Novi | <0.1% | 7€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,389€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 643 | Spinno03806405 · Podgorica | <0.1% | 7€ | No filing for 2024. | -19,479€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 644 | Fullstack Tehnologije03229700 · Podgorica | <0.1% | 4€ | -100.0% | -3,600€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 645 | Medittrade03416429 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,855€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 646 | Adrix03773345 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,937€ | — | 1 | — |
| 647 | Aitechnologies03406113 · Budva | 0.0% | 0€ | -100.0% | -12,100€ | — | 1 | 916€ |
| 648 | Akvola Bean03529568 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,307€ | — | 1 | 677€ |
| 649 | Alex Development03713563 | 0.0% | 0€ | No filing for 2024. | -2,746€ | — | 1 | — |
| 650 | Allright03505847 · Budva | 0.0% | 0€ | -100.0% | -8,191€ | — | 1 | 678€ |