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    Food distributors
Amber Latvijas Balzams JSC

Amber Latvijas Balzams JSC

RRSE:BAL1R
0.96
EUR
+0.10
(+12.15%)
0.04EPS
58.23P/E
15.74MMarket Cap
Amber Latvijas Balzams JSC
RSE:BAL1R
(Nasdaq Riga)

Recent

price

0.96

P/E

ratio

58.23

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
EUR
9.92
8.9
9.17
9.39
9.74
9.84
10.1
10.44
10.02
10.48
9.15
10.48
14.42
13.06
10.43
9.93
9.31
Revenue per Share
0.74
0.69
0.8
0.86
1.06
0.94
1
1.15
1.25
1.34
1.24
1.16
0.84
0.06
0.55
0.34
0.04
Basic EPS, GAAP
0.38
0.36
0.74
0.03
0.48
0.63
0.08
1.38
-1.69
4.07
0.48
-0.24
2.3
0.44
-0.66
1.23
-0.12
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.46
0.6
0.6
- -
0.6
- -
Dividend per Share
8.18
8.85
8.67
9.53
10.58
11.1
12.82
13.97
15.22
16.56
17.81
18.51
17.26
16.71
16.66
16.99
16.81
Book Value per Share
8.18
8.85
8.65
9.5
10.53
11.02
12.74
13.9
15.17
16.54
17.8
18.48
17.21
16.67
16.63
16.98
16.79
Tangible Book Value per Share
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Basic Weighted Avg Shares
74
67
69
70
73
74
76
78
75
79
69
79
108
98
78
74
70
Sales/Revenue/Turnover
11.55
10.54
9.38
9.78
11.26
9.32
10.54
10.42
10.26
10.61
10.71
8.77
5.91
-2.65
3.39
1.72
-1.31
Operating Margin (%)
2
2
2
2
1
1
1
2
2
3
3
2
2
2
3
3
3
Depreciation Expense
6
5
6
6
8
7
8
9
9
10
9
9
6
- -
4
3
- -
Net Income, GAAP
16.03
17.68
16.3
14.53
16.02
15.95
20.88
9.59
- -
0.45
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
7.5
7.78
8.68
9.12
10.9
9.58
9.92
11.02
12.49
12.79
13.6
11.12
5.86
0.43
5.23
3.38
0.39
Profit Margin (%)
28
29
35
29
33
33
39
46
55
72
80
124
78
79
75
84
83
Working Capital
13
7
5
3
7
11
3
2
4
2
2
2
1
2
1
- -
- -
LT Debt
61
66
65
71
79
83
96
105
114
124
133
139
129
125
125
127
126
Total Equity
7.67
5.68
5.42
5.84
6.06
5.14
5.99
5.91
5.65
5.54
4.78
4.55
3.97
2.59
1.66
0.78
-0.56
Return on Invested Capital (%)
8.41
6.46
7.19
7.54
8.65
7.59
7.62
8.13
8.3
8.3
7.13
6.35
4.69
0.5
3.42
2.13
0.36
Return on Capital (%)
9.57
8.14
9.08
9.41
10.56
8.69
8.38
8.59
8.58
8.43
7.24
6.41
4.72
0.33
3.27
1.99
0.21
Return on Common Equity (%)

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
53
49
16

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
137
143
148
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
1
1
1
Inventories
30
24
26
Total Current Liabilities
54
59
65
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.54%
-0.86%
2.01%
Free Cash Flow
-84.29%
-361.94%
-285.81%
Net Income, GAAP
73.34%
140.73%
-38.44%
Sales/Revenue/Turnover
1.17%
3.57%
-4.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
18
20
21
78
2025
16
20
18
21
74
2026
11
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
0.21
0.28
0.06
0.55
2025
0.11
0.04
0.01
0.17
0.34
2026
-0.19
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
0.6
- -
- -
- -
0.6
2026
- -
- -
- -
- -
- -
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Business
Amber Latvijas Balzams JSC is a Latvia-based producer and distributor of alcoholic beverages, operating as a primary manufacturing subsidiary of Amber Beverage Group. Founded in 1900 and headquartered in Riga, Latvia, the company operates two specialized production facilities in Riga dedicated to strong spirits, sparkling wines, and ready-to-drink beverages. The company's core product and service portfolio comprises traditional herbal bitters and specialty liqueurs, including Riga Black Balsam, Riga Black Balsam Currant, and Riga Black Balsam Cherry; vodkas, including Stoli, Moskovskaya, and Amber Gold; craft spirits and gins, including Cross Keys Gin; sparkling wines, ciders, and flavored wine beverages, including Rigas Sampanietis, Cosmopolitan Diva, and Lucky Dog; brandies and ready-to-drink pre-mixed cocktails; and industrial contract manufacturing, private-label blending and bottling, laboratory quality testing, customs clearance, and specialized logistics services for global brand owners. Amber Latvijas Balzams JSC serves retail, wholesale, and hospitality markets across the Baltic states of Latvia, Lithuania, and Estonia, while exporting its proprietary and contract-manufactured brands to more than 180 countries across Europe, North America, Latin America, Asia-Pacific, and the Middle East. In recent strategic and operational developments, the company rebranded from AS Latvijas balzams to AS Amber Latvijas balzams to unify operations under Amber Beverage Group, completed the integration and expansion of automated high-bay warehouse and logistics facilities in Riga, deployed industrial on-site solar panel installations to enhance energy independence and reduce operating costs, upgraded automated bottling lines for improved packaging efficiency, and expanded third-party production contracts following international brand realignments across its global distribution channels.