Company Mips AB

MIPS

SE0009216278

Recreational Products

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2025-06-13 pm EDT			5-day change	1st Jan Change
452.40 ^SEK	-0.57%		+5.95%	-3.83%

Jun. 12	SHB reiterates its buy recommendation for Mips, which is still seen as a good investment after the price increase.	FW
Jun. 10	Danske Bank sees attractive entry level in Mips - raises target price to 'street-high' at SEK 650	FW

Business description: Mips AB

Mips AB is a Sweden-based company, which specializes in helmet safety and brain protection. The Company offers its MIPS Brain Protection System (BPS) that implies solutions protecting against rotational motion transferred to the brain from angled impacts to the head. BPS is designed to add protection in helmets due to the low friction layer, which enables a relative movement between the head and the helmet, mimicking the brainâs own protection system. The technology implements into bicycle, snow, motorcycle and equestrian helmets. More than 40 helmet brands use BPS, including Bell, Fox Head, Giro, Scott, Smith and Trek, among others. The Company determines only one segment as operations solely comprise sales of the component kit included in consumer products.

Number of employees: 110

Sales by Activity: Mips AB

Fiscal Period: December	2020	2021	2022	2023	2024
Sporting Goods	365M	608M	563M	357M	483M

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Geographical breakdown of sales: Mips AB

Fiscal Period: December	2020	2021	2022	2023	2024
North America	261M	409M	369M	207M	256M
Europe	73M	120M	127M	82M	120M
Asia and Australia	18M	32M	25M	50M	64M
Sweden	13M	47M	43M	18M	42M

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Executive Committee: Mips AB

Manager	Title	Age	Since
Max Strandwitz CEO	Chief Executive Officer	50	2019-05-09
Hans Peter Halldin CTO	Chief Tech/Sci/R&D Officer	57	2007-12-31
Karin Mari Bohlin Rosenthal DFI	Director of Finance/CFO	47	2020-11-30
Cedric Marmeys COO	Chief Operating Officer	42	2022-12-31
Johan Hedlund CTO	Chief Tech/Sci/R&D Officer	53	2021-12-31

See MIPS AB governance

Composition of the Board of Directors: Mips AB

Director	Title	Age	Since
Jonas Olof Rahmn BRD	Director/Board Member	58	2011-12-31
Jan Magnus Welander CHM	Chairman	59	2018-12-31
Jenny Margareta Rosberg BRD	Director/Board Member	59	2017-12-31
Carl Hans Thomas Bräutigam BRD	Director/Board Member	58	2021-03-29
Maria Patricia Hedengren BRD	Director/Board Member	55	2022-02-27
Anna Elisabeth Hällöv BRD	Director/Board Member	54	2022-02-27

Composition of the Board of Directors

Shareholders: Mips AB

Name	Equities	%	Valuation
Nissay Asset Management Corp. 2.883 %	763,834	2.883 %	33 M kr
Spiltan Fonder AB 2.641 %	699,735	2.641 %	30 M kr
Railtrust Holdings Ltd. 2.219 %	587,927	2.219 %	25 M kr
C Worldwide Asset Management Fondsmæglerselskab A/S (Sweden) 1.648 %	436,709	1.648 %	19 M kr
Joh. Berenberg, Gossler & Co. KG (Investment Management) 1.355 %	358,853	1.355 %	15 M kr

List of MIPS AB shareholders

Company details: Mips AB

Mips AB

Kemistvägen 1B

183 79, Täby

+46 8 12 86 40 00

http://www.mipscorp.com

Group companies: Mips AB

Name	Category and Sector
M - PS Helmet AB

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Sporting & Outdoor Goods

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
MIPS AB	-0.57%	+5.95%	+0.44%	-20.69%	1.26B
AMER SPORTS OYJ	-.--%	+0.03%	-	-	5.09B
FLUIDRA, S.A.	-1.55%	-0.55%	-0.55%	+3.65%	4.74B
ACUSHNET HOLDINGS CORP.	-2.92%	-1.62%	+8.77%	+71.97%	4.11B
PELOTON INTERACTIVE, INC.	-4.92%	-4.66%	+87.60%	-29.27%	2.77B
TECHNOGYM S.P.A.	-1.69%	-0.81%	+29.89%	+90.17%	2.81B
YONEX CO., LTD.	-1.70%	-0.07%	+59.93%	+186.93%	1.72B
JOHNSON HEALTH TECH .CO., LTD.	-2.41%	-1.73%	+59.73%	+169.96%	1.46B
TOPGOLF CALLAWAY BRANDS CORP.	-2.03%	+20.37%	-49.48%	-62.88%	1.42B
MIZUNO CORPORATION	-2.85%	-2.59%	-9.29%	+245.46%	1.36B
Average	-2.06%	+1.23%	+20.78%	+72.81%	2.68B
Weighted average by Cap.	-1.93%	+0.12%	+21.61%	+58.80%