Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

Akcinė bendrovė Lietuvos paštas is the largest postal and parcel service provider in the country, delivering over 30 million parcels annually. We serve customers through nearly 170 post offices, around 440 mobile postal couriers, and more than 1,150 parcel lockers connecting the three Baltic countries. The company’s vision is to be the most reliable parcel delivery network connecting the region with the world.

         2024/25 GOOD CORPORATE GOVERNANCE INDEX

Pastas_2025   

SK – Transparency Dimension
SV – Strategic Management Dimension
TV – Sustainability Dimension
AV – Shareholder Actions Dimension
GI – Good Governance Indicator

Financial results

P/L Statment

2021 2022 2023 2024
Revenue 99,215 93,725 98,986 99,370
Cost of goods sold
Gross profit (loss) 99,215 93,725 98,986 99,370
Gross profit margin 100% 100% 100% 100%
Operating expenses
Operating profit (loss) 404 967 885 1,279
Operating profit margin -18% -15% -6% -10%
EBITDA 716 13,046 13,764 10,256
EBITDA margin 1% 14% 14% 10%
Net profit (loss) -6,445 4,838 5,152 242
Net profit margin -6% 5% 5% 0%
2021-06 2022-06 2023-06 2024-06
Revenue 52,067 45,121 54,823 55,097
Cost of goods sold 0 0 0 0
Gross profit (loss) 52,067 45,121 54,823 55,097
Gross profit margin 100% 100% 100% 100%
Operating expenses 0 0 0 0
Operating profit (loss) -4,642 -8,259 4,607 2,399
Operating profit margin -9% -18% 8% 4%
EBITDA 4,962 -599 10,026 7,615
EBITDA margin 10% -1% 18% 14%
Net profit (loss) 1,167 -4,173 5,332 2,335
Net profit margin 2% -9% 10% 4%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2021 2022 2023 2024
Non-current assets 64,111 56,937 60,054 62,840
Intangible assets 4,332 4,289 4,459 4,931
Tangible assets 42,967 38,984 38,176 35,796
Financial assets 78 71 79 0
Other non-current assets 16,735 13,593 17,340 22,112
Current assets 48,737 58,839 64,062 51,064
Inventories and prepaid expenses 3,826 3,323 3,693 3,456
Accounts receivable in one year 19,338 20,666 22,933 21,101
Other current assets 0 0
Cash and cash equivalents 25,539 33,892 37,394 26,313
Total assets 124,161 121,883 130,093 120,297
Equity 27,251 32,089 37,240 34,414
Grants and subsidies 175 139 95 79
Liabilities 71,432 70,957 74,255 68,521
Financial liabilities 33,129 27,438 27,746 30,415
Long-term liabilities 27,535 21,390 21,631 23,510
Short-term liabilities 43,897 49,567 52,624 45,011
Equity and liabilities 124,161 121,883 130,093 120,297
2021-06 2022-06 2023-06 2024-06
Non-current assets 64,321 58,118 58,401 63,366
Intangible assets 3,418 4,190 4,178 4,600
Tangible assets 42,062 40,742 37,605 37,181
Financial assets 133 78 11 0
Other non-current assets 18,707 13,108 16,607 21,585
Current assets 19,442 0 6,688 6,724
Inventories and prepaid expenses 3,841 1,990 3,285 3,724
Accounts receivable in one year 23,125 32,374 24,859 18,635
Other current assets 0 0 0 0
Cash and cash equivalents 15,472 19,130 30,868 31,453
Total assets 126,266 111,612 124,959 123,902
Equity 34,862 23,077 37,420 36,507
Grants and subsidies 203 188 105 86
Liabilities 58,354 62,806 66,982 67,531
Financial liabilities 34,213 26,939 29,291 30,979
Long-term liabilities 30,995 21,340 23,009 24,903
Short-term liabilities 27,358 41,466 43,974 42,628
Equity and liabilities 126,266 111,612 124,959 123,902

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) -5% 4% 4% 0%
Return on equity (ROE) -21% 16% 15% 1%
Return on capital employed (ROCE) -32% -27% -9% -17%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.27 0.23 0.21 0.25
Current Ratio 1.11 1.19 1.22 1.13
Quick ratio 1.02 1.12 1.15 1.06
Turnover ratios
Asset turnover 0.80 0.77 0.76 0.83
Fixed asset turnover 1.55 1.65 1.65 1.58
Equity turnover 3.64 2.92 2.66 2.89
Profitability ratios
EBITDA margin 1% 14% 14% 10%
Operating profit margin -18% -15% -6% -10%
Net profit margin -6% 5% 5% 0%
Other ratios
Dividends to the State 0.00 0.00 3,067.90 2,167.00
Dividends paid / net profit 0.00 0.00 0.60 8.96

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2021-06 2022-06 2023-06 2024-06
Capital return ratios
Return on assets (ROA) 3% -10% 12% 2%
Return on equity (ROE) 11% -41% 47% 6%
Return on capital employed (ROCE) -7% -19% 8% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.28 0.24 0.23 0.25
Current Ratio 1.55 1.29 1.36 1.26
Quick ratio 1.41 1.24 1.29 1.18
Turnover ratios
Asset turnover 0.41 0.40 0.44 0.44
Fixed asset turnover 0.81 0.78 0.94 0.87
Equity turnover 1.49 1.96 1.47 1.51
Profitability ratios
EBITDA margin 10% -1% 18% 14%
Operating profit margin -9% -18% 8% 4%
Net profit margin 2% -9% 10% 4%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2024 m. 6 mėn. tarpinės ataskaitos 2024 m. metinės ataskaitos
2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos
2018 m. metinės ataskaitos 2018 m. 6 mėn. tarpinės ataskaitos
2017 m. 6 mėn. tarpinės ataskaitos 2017 m. metinės ataskaitos
2016 m. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos
2015 m. 12 mėn. tarpinės ataskaitos 2015 m. 9 mėn. tarpinės ataskaitos 2015 m. 6 mėn. tarpinės ataskaitos 2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos 2014 m. 12 mėn. tarpinės ataskaitos 2014 m. 3 mėn. tarpinės ataskaitos 2014 m. 9 mėn. tarpinės ataskaitos 2014 m. 6 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos
2011 m. metinės ataskaitos
2010 m. metinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameAB Lietuvos paštas
  • Legal formPublic limited liability company (AB)
  • Company code121215587
  • SectorTransport and Communications
  • Line of businessPostal services
  • Institution representing the StateMinistry of Transport and Communications
  • Special obligationsPerformes non-commercial special obligations
  • Share belonging to the State100%
  • Contacts http://www.post.lt/
Return to the State

2.2 EUR milion

ROE

0.7%

Number of employees

2,491

Financial data provided as at end-December 2024

Management

  • Kastytis ValantinasChief Executive officer

Information as of: 2025/09/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Jūratė StanišauskienėIndependent member; UAB Legal Balance; AB Oro navigacija; MB Govern

MEMBERS OF THE BOARD OF DIRECTORS

  • Vaidotas DirmeikisIndependent member; KN Energies AB; Paloma drinks MB; VŠĮ Transporto kompetencijų agentūra
  • Liutauras VaranavičiusIndependent member; UAB RSI Europe; AB Regitra
  • Vytautas VorobjovasIndependent member; UAB Dotcon; Baltpool UAB; UAB Ekommercija
  • Kristina SemėnėMinistry of Transport and Communications

Information as of: 2025/09/01

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