Indicators
The main source of income for LGS is air navigation charges, which the company receives for its services. LGS is not funded from the state budget, however it is one of the largest taxpayers in Latvia.
The operational indicators of LGS are the number of aircraft to which services are provided within the territory of the airport, as well as during transit through the Latvian air space. The main financial indicators (historical data) are given below.
| Financial figures | 2025 estimate | 2025 (3 months | 2024 | 2023 | 2022 | 2021 | ||
| Number of flights in Riga FIR | 234000 | 49378 | 235382 | 205547 | 194551 | 168669 | ||
| Route ATFM delay (minutes per flight) | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Unit rate (in national level), EUR | 63.40 | 63.40 | 44.42 | 43.30 | 31.70 | 29.16 | ||
| Unit rate (ANSP level), EUR | 56.82 | 56.82 | 39.31 | 38.38 | 28.93 | 26.81 | ||
| Net turnover, EUR | 44044000 | 9196996 | 31922007 | 26028695 | 19570602 | 19223149 | ||
| Profit, EUR | 1507000 | 1604268 | 1635058 | – 1829796 | – 4523593 | – 3154636 | ||
| Return on sales, % | 3.42 | 17.44 | 3.84 | – 7.03 | – 23.11 | – 16.41 | ||
| ROE, % | 5.19 | 5.56 | 5.50 | – 7.04 | – 16.25 | – 9.75 | ||
| (EBITDA), EUR | 7464000 | 2956356 | 6745828 | 35018468 | 110457 | 794185 | ||
| Equity, EUR | 29043000 | 28833171 | 27228903 | 260032128 | 27833014 | 32356607 | ||
| (ROA), % | 4,42 | 3.39 | -10.38 | -13.56 | – 12.69 | -8,01 | ||
| Total liquidity | 3.89 | 3.43 | 3.14 | 4.06 | 0.93 | 1.74 | ||
| Debt to equity, EUR | 129.31 | 64.10 | 68.35 | 69.61 | 28.03 | 21.67 | ||
| Execution of the investment plan, EUR | 22521000 | 1036944 | 5040738 | 3667648 | 2562903 | 4285703 | ||
| Funding received directly or indirectly from state and local government budget, EUR | – | – | – | – | – | |||
| Use of funding received directly or indirectly from state and local government budget, EUR | – | – | – | – | 6000000 |
Detailed information about LGS operational indicators in previous years is available in the Reports section.
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