Revenue
6.1% of sector revenue
135 companies earned 3.73m€ in 2025, 6.1% of Education sector revenue. Revenue has grown 217.6× since 2015.
6.1% of sector revenue
86 with at most one employee
Largest employer: Adriatic Open (21)
Median company -5.6% · 36% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–135 of 135
* 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 3 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 | 17,126€ | 5 |
| 2016 | 108,249€ | 7 |
| 2017 | 233,486€ | 8 |
| 2018 | 229,416€ | 9 |
| 2019 | 232,042€ | 16 |
| 2020 | 259,334€ | 24 |
| 2021 | 455,950€ | 33 |
| 2022 | 854,597€ | 64 |
| 2023 | 1,699,968€ | 108 |
| 2024 | 2,880,079€ | 124 |
| 2025 (Preliminary) | 3,726,984€ | 135 |
The number of companies jumped most in 2023: from 64 to 108.
<0.1% |
| 1,925€ |
| No filing for 2024. |
| -5,912€ |
| -307.1% |
| 1 |
| 482€ |
| 103 | Pandemos Education03696359 · Podgorica | <0.1% | 1,874€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,745€ | -359.9% | 1 | 678€ |
| 104 | Yugatov Project03529550 · Bar | <0.1% | 1,864€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,027€ | -377.0% | 2 | 339€ |
| 105 | Psycholog _ Mironovskaya03446344 · Podgorica | <0.1% | 1,776€ | -36.2% | -14,480€ | -815.3% | 2 | 576€ |
| 106 | Educo03788059 · Berane | <0.1% | 1,530€ | No filing for 2024. | 203€ | 13.3% | 1 | — |
| 107 | Mali Umovi03789691 · Herceg Novi | <0.1% | 1,500€ | No filing for 2024. | 15€ | 1.0% | 1 | — |
| 108 | Midday World03577228 · Budva | <0.1% | 1,425€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,278€ | -580.9% | 1 | 674€ |
| 109 | Smart Kids03069982 · Podgorica | <0.1% | 1,200€ | -75.3% | -13,413€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,012€ |
| 110 | Lustre Agency03741745 · Podgorica | <0.1% | 1,200€ | No filing for 2024. | -4,179€ | -348.3% | 1 | 403€ |
| 111 | Svetlov03598721 · Bar | <0.1% | 1,148€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,272€ | -633.4% | 1 | 670€ |
| 112 | Boravko PG S&M03788890 · Podgorica | <0.1% | 1,040€ | No filing for 2024. | -555€ | -53.4% | 1 | — |
| 113 | Red Panda Monte03506533 · Herceg Novi | <0.1% | 771€ | -79.4% | -3,679€ | -477.2% | 1 | 339€ |
| 114 | Bullrider03588343 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,132€ | — | 1 | 677€ |
| 115 | Byte&Brand03754588 · Budva | 0.0% | 0€ | No filing for 2024. | -3,631€ | — | 0 | — |
| 116 | Alternativa Plus03512541 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,706€ | — | 1 | 680€ |
| 117 | Arsu03435504 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,804€ | — | 1 | 677€ |
| 118 | Crnahorowitz Piano Lessons03428826 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,200€ | — | 1 | 675€ |
| 119 | Dobrokod03425959 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,294€ | — | 2 | 677€ |
| 120 | Eduko Montenegro03784096 · Podgorica | 0.0% | 0€ | No filing for 2024. | -858€ | — | 1 | — |
| 121 | Languages With Hope03583554 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 122 | Learn Ability Montenegro03391655 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,459€ | — | 1 | 339€ |
| 123 | Maus Montenegro03209865 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 124 | Psychology For Life03432556 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,217€ | — | 1 | 677€ |
| 125 | Romira03795594 · Bar | 0.0% | 0€ | No filing for 2024. | -987€ | — | 1 | — |
| 126 | Schubert Company03639363 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 127 | Sir Arikan03780635 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,452€ | — | 1 | — |
| 128 | Thistlefort03663671 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,235€ | — | 1 | 927€ |
| 129 | Music Laboratory03552250 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,744€ | — | 2 | 525€ |
| 130 | 5 Plus03593983 · Nikšić | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 131 | La Lingua03772497 · Budva | 0.0% | 0€ | No filing for 2024. | -2,175€ | — | 0 | — |
| 132 | Original Gangsters03633721 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,498€ | — | 2 | 681€ |
| 133 | Seneca Therapy03749932 · Budva | 0.0% | 0€ | No filing for 2024. | -6,029€ | — | 0 | — |
| 134 | Stars Staff03557707 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,885€ | — | 2 | 953€ |
| 135 | Teamko03545784 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,453€ | — | 1 | 2,204€ |