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 brain’s 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: 125

Sales by Activity: Mips AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

Sporting Goods

608M 563M 357M 483M 533M

Geographical breakdown of sales: Mips AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

North America

409M 369M 207M 256M 269M

Europe

120M 127M 82M 120M 169M

Sweden

47M 43M 18M 42M 59M

Asia and Australia

32M 25M 50M 64M 36M

Executive Committee: Mips AB

Manager TitleAgeSince
Chief Executive Officer 51 2019-05-09
Chief Tech/Sci/R&D Officer 58 2007-12-31
Director of Finance/CFO 48 2020-11-30
Chief Operating Officer 43 2022-12-31
Sales & Marketing 50 2023-12-31

Composition of the Board of Directors: Mips AB

Director TitleAgeSince
Director/Board Member 59 2011-12-31
Chairman 60 2018-12-31
Director/Board Member 60 2017-12-31
Director/Board Member 59 2021-03-29
Director/Board Member 56 2022-02-27
Director/Board Member 55 2022-02-27

Shareholders: Mips AB

NameStocks%Valuation
T. Rowe Price International Ltd.
6.035 %
1,598,800 6.035 % 42 M kr
Tredje AP-fonden
5.029 %
1,332,232 5.029 % 35 M kr
Alecta Tjanstepension Omsesidigt
3.02 %
800,000 3.02 % 21 M kr
Spiltan Fonder AB
2.572 %
681,329 2.572 % 18 M kr
C Worldwide Asset Management Fondsmæglerselskab A/S (Sweden)
1.649 %
436,709 1.649 % 11 M kr

Company details: Mips AB

Mips AB

Kemistvägen 1B

183 79, Täby

+

http://www.mipscorp.com
address Mips AB(MIPS)

Sporting & Outdoor Goods

Change 5-day change 1-year change 3-year change Capi.($)
-0.08%+3.28%-43.98%-57.35% 671M
+4.15%+6.37%+32.62%+90.81% 5.3B
-0.22%-0.70%-15.52%+5.16% 4.03B
-3.88%-8.55%+33.12%+84.23% 3.92B
+2.30%+4.99%+148.83%-17.27% 2.81B
-1.59%-14.04%-23.70%-32.24% 2.45B
+5.09%+7.08%+29.52%+182.96% 1.54B
+2.81%-0.46%-18.03%+80.08% 1.23B
-0.46%-8.86%-25.26%+60.71% 1.04B
+0.13%-12.60%+65.90%+19.41% 952M
Average +0.82%-2.01%+18.35%+41.65% 2.39B
Weighted average by Cap. +0.81%-1.72%+26.32%+47.09%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
239.20SEK
Average target price
502.50SEK
Spread / Average Target
+110.08%

Quarterly revenue - Rate of surprise

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