What is the main business of Crystal Clear Codec?

The main business activity of Crystal Clear Codec focuses on computer programming activities.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on April 26, 2021.

Where is the headquarters located?

The headquarters is located at: ul. Bolesława Prusa 2, 00-493 Warszawa.

Who is on the management board?

The management board consists of: Siegfried Peter Seewald (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 5,000 (approx. $1,351).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

How much revenue was generated?

In 2024, the company generated total revenue of $41,131, representing a decrease of 97.9% compared to 2023.

No, in 2024 the company reported a net loss of $993,702.

What is the main operating cost?

The largest operating cost category falls under external services. This category amounted to $648,831 in 2024, representing 81% of all operating expenses.

Crystal Clear Codecsp. z o.o.

Computer programming activities

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2021-04-26

Share capital

5,000.00 PLN

Activity description

Crystal Clear Codec, LLC and Crystal Clear Codec Spółka z ograniczoną odpowiedzialnością own and/or have the right to license a global, standard-essential patent portfolio for the Enhanced Voice Services (EVS) standard. The portfolio comprises 12 patent families containing 185 granted patents, 3 German registered utility models, and 15 pending patent applications; EVS improves audio and voice quality, network capacity, and advanced features for wireless and non-wireless applications.

Registered address

ul. Bolesława Prusa 2, 00-493 Warszawa, Poland

Website

crystalclearcodec.com

Social media

Financials

Revenue history (in k)

Filing timeliness

3 of 5 financial statements were filed late (the longest delay 48 days for 2021).

202503/07/2026
202431/07/2025
202322/07/2024
202230/06/2023
202101/09/2022

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 623.43kMedianUSD 120.81kAverageUSD 1.77m

Net profit

This companyUSD -155.14kMedianUSD 2.93kAverageUSD 25.55k

Operating costs

This companyUSD 699.06kMedianUSD 112.91kAverageUSD 1.69m

Assets

This companyUSD 313.58kMedianUSD 79.64kAverageUSD 1.14m

Industry

Offer

Patent licensing
EVS codec patents
Voice transmission technology

Authorized Representatives

Siegfried Peter Seewald – Management Board Member

Manner of representation

In the case of a multi-member management board, two members of the management board jointly or one member of the management board jointly with a commercial proxy.

Ownership

Owner	Shares	Share value	Stake
Crystal Clear Codec Llc	100	$1,350.62	100%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2022-01-28.

mBank
14 1140 1010 0000 3607 1900 1001
mBank
84 1140 1010 0000 3607 1900 1002
mBank
57 1140 1010 0000 3607 1900 1003

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

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Hoblysp. z o.o.	$611,068.01	hobly.pl
Play2chillS.A.	$607,565.35	play2chill.com
Xfaangsp. z o.o.	$599,035.74	xfaang.com
REDSS.A.	$581,936.71	reds.com.pl