1. Sweden Stocks

  2. •

    Consumer Cyclical

  3. •

    Leisure
MIPS AB (publ)

MIPS AB (publ)

MPZAF
MIPS AB (publ)US flagOther OTC
25.90
USD
- -
- -
686.12MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
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
Basic EPS, GAAP
- -
-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
Free Cash Flow per Basic Share
- -
-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
Dividend per Share
- -
- -
- -
- -
- -
- -
2.49
3.04
3.51
5
5.48
6
6.49
6.49
Book Value per Share
- -
-3.09
-2.17
-1.82
-0.94
1.32
3.44
5.46
11.69
13.41
10.31
9.55
7.55
4.95
Tangible Book Value per Share
- -
0.67
1.55
2.5
8.71
10.46
9.57
14.27
19.86
21.16
22.3
21.59
-7.17
16.42
Basic Weighted Avg Shares
- -
25
25
21
25
25
25
26
26
26
26
26
26
26
Sales/Revenue/Turnover
- -
15
50
87
126
193
268
365
608
563
357
483
533
518
Operating Margin (%)
- -
-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
Depreciation Expense
- -
- -
- -
1
1
2
7
12
12
16
18
19
19
- -
Net Income, GAAP
- -
-13
19
14
16
56
85
129
255
175
64
141
120
140
Effective Tax Rate (%)
- -
- -
- -
23.87
22.47
22.57
22.22
21.82
22.26
21.52
23.81
22.95
24.05
23.2
Profit Margin (%)
- -
-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
Working Capital
2
18
22
39
202
260
239
363
506
546
506
497
284
357
LT Debt
- -
- -
- -
- -
- -
- -
- -
8
4
12
9
6
319
3
Total Equity
2
18
42
57
221
276
298
426
577
626
657
641
562
503
Return on Invested Capital (%)
- -
- -
- -
25.58
11.68
23.48
31.28
35.27
44.83
29.36
9.28
20.31
16.99
25
Return on Capital (%)
- -
- -
- -
-30.46
-50.96
1,077.94
141.07
108.15
109.44
51.63
19.84
51.55
30.3
88.61
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
141.07
112.66
113.84
53.27
20.58
53.82
52.98
94.92

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
12,351
11,205
11,231

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
- -
- -
- -
- -

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
6
- -
- -
6
2025
- -
6.49
- -
- -
6.49
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Max Strandwitz
Full Time Employees
110
Sector
Consumer Cyclical
Industry
Leisure
Address
KemistvAegen 1B Täby Sweden 183 79
IPO Date
May 18, 2023
Website
mipscorp.com
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Business
Mips AB (publ) (Ticker: MPZAF) develops, manufactures, and sells patented helmet-based safety systems featuring the Mips low-friction layer, which enables multi-directional impact protection by mimicking the brain's natural defense against rotational forces; the company operates on an ingredient brand model, licensing its technology to global helmet manufacturers for integration into various helmet categories including sports helmets (bike, snow, equestrian, team sports, climbing, snowmobiling, and white-water rafting), moto helmets (on-road, off-road, scooter, snowmobiling, car driving, and high-speed travel), and safety helmets for construction, manufacturing, mining, oil industries, military, police, and rescue services. Founded in 1996 and headquartered in Täby, Sweden, near Stockholm, Mips conducts research and development in collaboration with the KTH Royal Institute of Technology and Karolinska Institute, with manufacturing of components handled by sub-suppliers in China and a subsidiary established there to support customer processes; the company maintains a unique testing facility in Stockholm and serves markets in North America, Europe, Asia, Australia, and Sweden across consumer discretionary and leisure products sectors. Recent strategic developments include partnerships with Husqvarna for forestry helmets launched in 2024 and MSA Safety for the first Mips-equipped industrial hardhat introduced in 2024-2025; in Q2 2025, Mips announced endorsements from motorsport athletes such as Jorge Prado; the company reported strong Q3 2025 results with net sales up 10% to SEK 135 million (19% organic growth) and year-to-date sales up 14% to SEK 386 million (22% organic), while reaffirming long-term ambitions to exceed SEK 2 billion in annual net sales by 2029.

Company News

APIChat

  • seekingalpha.com

    Mips AB (publ) (MPZAY) Q1 2026 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAY) Q4 2025 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAY) Shareholder/Analyst Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAY) Q3 2025 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAF) Q1 2025 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAF) Q1 2025 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAF) Q4 2024 Earnings Call Transcript

  • seekingalpha.com

    Mips AB (publ) (MPZAF) Q3 2024 Earnings Call Transcript