MIPS AB (publ)

MIPS AB (publ)

MIPS.ST
MIPS AB (publ)SE flagStockholm Stock Exchange
378.00
SEK
+3.20
- -
10.01BMarket Cap
MIPS AB (publ)
MIPS.ST
(Stockholm Stock Exchange)

Recent

price

378.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.58
1.96
4.03
5.12
7.61
10.59
14.04
23.22
21.5
13.59
18.23
20.12
19.55
Revenue per Share
- -
-0.52
0.74
0.67
0.64
2.23
3.36
4.96
9.74
6.68
2.44
5.32
4.53
5.28
Basic EPS, GAAP
- -
-0.55
0.05
0.59
0.26
2.46
0.55
3.89
10.2
8.21
0.08
4.98
4.98
6.08
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
2.49
3.04
3.51
5
5.48
6
6.49
6.49
Dividend per Share
0.08
0.73
1.64
2.27
8.72
10.89
11.78
16.27
22.04
23.91
24.8
24.2
21.21
18.99
Book Value per Share
0.03
0.67
1.55
2.12
8.44
10.46
9.57
14.17
19.86
21.16
22.12
21.59
-7.17
16.42
Tangible Book Value per Share
- -
25
25
21
25
25
25
26
26
26
26
26
26
26
Basic Weighted Avg Shares
- -
15
50
87
126
193
268
365
608
563
357
483
533
518
Sales/Revenue/Turnover
- -
-96.42
5.07
19.07
16.64
39.66
43.66
46.58
51.97
44.23
23.25
36.23
32.46
33.78
Operating Margin (%)
- -
- -
- -
1
1
2
7
12
12
16
18
19
19
- -
Depreciation Expense
- -
-13
19
14
16
56
85
129
255
175
64
141
120
140
Net Income, GAAP
- -
- -
- -
23.87
22.47
22.57
22.22
21.82
22.26
21.52
23.81
22.95
24.05
23.2
Effective Tax Rate (%)
- -
-88.92
37.9
16.51
12.59
29.29
31.72
35.34
41.94
31.08
17.93
29.19
22.51
27.03
Profit Margin (%)
2
18
22
39
202
260
239
363
506
546
506
497
284
357
Working Capital
- -
- -
- -
- -
- -
- -
- -
8
4
12
9
6
319
3
LT Debt
2
18
42
57
221
276
298
426
577
626
657
641
562
503
Total Equity
- -
- -
- -
25.58
11.68
23.48
31.28
35.27
44.83
29.36
9.28
20.31
16.99
25
Return on Invested Capital (%)
- -
- -
- -
28.89
11.4
22.73
29.64
35.31
49.95
28.65
9.86
21.42
15.56
26.05
Return on Capital (%)
- -
-128.19
62.7
28.93
11.38
22.73
29.64
35.64
50.85
29.09
9.98
21.73
19.95
26.57
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6
6
6
LT Borrowings
- -
- -
- -
LT Finance Leases
6
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
12,461
10,167
11,741

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
575
588
442
Cash, Cash Equivalents & STI
382
408
244
Accounts Receivable, Net
156
141
149
Inventories
8
6
6
Total Current Liabilities
78
77
85
Payables & Accruals
- -
- -
- -
ST Debt
6
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.29%
6.83%
-12.32%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
45.41%
21.66%
-14.89%
Sales/Revenue/Turnover
31.67%
13.65%
10.35%
Total Cash Common Dividend
- -
17.47%
8.18%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
133
123
144
483
2025
116
135
147
- -
533
2026
151
232
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.45
1.51
1.36
2
5.32
2025
0.72
1.21
1.32
- -
4.53
2026
1.09
2.57
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
6
- -
- -
6
2025
- -
6.49
- -
- -
6.49
2026
- -
4.08
- -
- -
- -
Business
Mips AB (publ) (MIPS.ST) develops, manufactures and sells helmet-based safety systems that mitigate rotational motion to the brain; its core MIPS Brain Protection System (BPS) features a low-friction layer enabling relative motion between the head and helmet, sold via an ingredient brand model to over 150 global helmet manufacturers for integration into their products. The company offers seven BPS variants tailored to specific helmet types across three categories: sports (bike, snow, equestrian, team sports, climbing, snowmobiling, white-water rafting), motorcycle (on-road, off-road, scooter, snowmobiling, car driving, high-speed activities) and safety helmets (construction, manufacturing, mining, oil industries, military, police, rescue services); recent product launches include MIPS Air Node Pro, an evolved lightweight solution for bikes unveiled at Eurobike 2025. Founded in 1996 and headquartered in Täby near Stockholm, Sweden, with a subsidiary in China for manufacturing and customer support, Mips operates globally in North America, Europe, Asia and Australia, targeting consumer, motorsport and occupational markets; in 2025 it announced partnerships with motorsport champions Jorge Prado (MXGP/Supercross) and Joan Mir (MotoGP) to boost on-road and motorsport awareness, launched a mobile trade fair/event concept, reported Q2 organic sales growth of 12% to SEK 135m despite US tariffs, updated long-term financial targets, and presented a revised strategy at its Capital Markets Day.