Cash flow Mips AB

Stocks

MIPS

SE0009216278

Recreational Products

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-07-10 pm EDT			5-day change	1st Jan Change
271.40 ^SEK	+4.87%		+3.27%	-23.20%

Jun. 26	Third AP Fund cuts its stake in Mips to below 5 percent	FW
Jun. 17	CenterBook Partners emerges as new public short seller in Mips	FW

21f88e.JTCsBLoYUBCtRmq7y3utW8b3L97_IiomYwvf4Sn4DeA.TmLKd-lKHVWfcwb6jDrcErOkHu-qYEF-VUio1RyZXacdWeFM4ysZQIAkUg

Published financial data: MIPS AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	608M	563M	357M	483M	533M
Total Revenues	608M	563M	357M	483M	533M
Cost of Goods Sold, Total	163M	157M	104M	133M	142M
Gross Profit	445M	406M	253M	350M	391M
Selling General & Admin Expenses, Total	105M	132M	133M	137M	187M
R&D Expenses	24M	26M	35M	39M	41M
Other Operating Expenses	-	-1M	1M	0	-10M
Other Operating Expenses, Total	129M	157M	169M	176M	218M
Operating Income	316M	249M	84M	174M	173M
Interest Expense, Total	-	-1M	-1M	-1M	-
Interest And Investment Income	-	-	2M	6M	4M
Net Interest Expenses	-	-1M	1M	5M	4M
Income (Loss) On Equity Invest.	-	-	-	-5M	-7M
Currency Exchange Gains (Loss)	13M	-16M	-15M	6M	-14M
Other Non Operating Income (Expenses)	0	-2M	1M	1M	2M
EBT, Excl. Unusual Items	329M	230M	71M	181M	158M
Gain (Loss) On Sale Of Investments	-1M	-7M	13M	2M	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	328M	223M	84M	183M	158M
Income Tax Expense	73M	48M	20M	42M	38M
Earnings From Continuing Operations	255M	175M	64M	141M	120M
Net Income to Company	255M	175M	64M	141M	120M
Net Income - (IS)	255M	175M	64M	141M	120M
Net Income to Common Incl Extra Items	255M	175M	64M	141M	120M
Net Income to Common Excl. Extra Items	255M	175M	64M	141M	120M
Per Share Items
Net EPS - Basic	9.74	6.68	2.44	5.32	4.53
Basic EPS - Continuing Operations	9.74	6.68	2.44	5.32	4.53
Basic Weighted Average Shares Outstanding	26.18M	26.18M	26.28M	26.49M	26.49M
Net EPS - Diluted	9.64	6.63	2.42	5.32	4.53
Diluted EPS - Continuing Operations	9.64	6.63	2.42	5.32	4.53
Diluted Weighted Average Shares Outstanding	26.5M	26.41M	26.4M	26.5M	26.5M
Normalized Basic EPS	7.85	5.49	1.69	4.27	3.73
Normalized Diluted EPS	7.76	5.44	1.68	4.27	3.73
Dividend Per Share	5	5.5	6	6.5	2.5
Payout Ratio	36.08	74.86	225	112.77	143.33
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	325M	261M	97M	188M	186M
EBITA	321M	256M	91M	182M	181M
EBIT	316M	249M	84M	174M	173M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	22.26	21.52	23.81	22.95	24.05
Total Current Taxes	74M	48M	17M	44M	38M
Total Deferred Taxes	-1M	-	3M	-2M	-
Normalized Net Income	206M	144M	44.38M	113M	98.75M
Interest on Long-Term Debt	-	1M	1M	1M	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	57M	75M	74M	77M	83M
General and Administrative Expenses	48M	57M	59M	60M	104M
Research And Development Expense From Footnotes	24M	26M	35M	39M	41M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	300K	200K	100K	-	-
Total Stock-Based Compensation	300K	200K	100K	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	450M	533M	408M	382M	214M
Total Cash And Short Term Investments	450M	533M	408M	382M	214M
Accounts Receivable, Total	201M	112M	93M	158M	168M
Other Receivables	18M	9M	53M	23M	27M
Total Receivables	219M	121M	146M	181M	195M
Inventory	10M	6M	4M	8M	15M
Prepaid Expenses	1M	3M	4M	3M	3M
Other Current Assets, Total	-	-	-	1M	5M
Total Current Assets	680M	663M	562M	575M	432M
Gross Property Plant And Equipment	29M	43M	43M	45M	98M
Accumulated Depreciation	-10M	-12M	-18M	-24M	-39M
Net Property Plant And Equipment	19M	31M	25M	21M	59M
Long-term Investments	-	-	80M	74M	56M
Other Intangibles, Total	56M	72M	71M	69M	752M
Deferred Tax Assets Long-Term	-	-	-	-	5M
Other Long-Term Assets, Total	1M	1M	-	-	3M
Total Assets	756M	767M	738M	739M	1.31B
Liabilities
Accounts Payable, Total	70M	29M	30M	45M	51M
Accrued Expenses, Total	23M	22M	14M	20M	80M
Current Portion of Long-Term Debt	-	-	-	-	1M
Current Portion of Leases	3M	5M	5M	6M	7M
Current Income Taxes Payable	57M	48M	3M	3M	4M
Other Current Liabilities	21M	13M	4M	4M	5M
Total Current Liabilities	174M	117M	56M	78M	148M
Long-Term Debt	-	-	-	-	303M
Long-Term Leases	4M	12M	9M	6M	16M
Deferred Tax Liability Non Current	1M	2M	7M	4M	28M
Other Non Current Liabilities	-	10M	9M	10M	250M
Total Liabilities	179M	141M	81M	98M	745M
Common Stock, Total	3M	3M	3M	3M	3M
Additional Paid In Capital	274M	274M	381M	383M	385M
Retained Earnings	303M	348M	268M	250M	197M
Comprehensive Income and Other	-3M	1M	5M	5M	-23M
Total Common Equity	577M	626M	657M	641M	562M
Total Equity	577M	626M	657M	641M	562M
Total Liabilities And Equity	756M	767M	738M	739M	1.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	26.18M	26.18M	26.49M	26.49M	26.49M
ECS Total Common Shares Outstanding	26.18M	26.18M	26.49M	26.49M	26.49M
Book Value / Share	22.04	23.91	24.8	24.2	21.21
Tangible Book Value	521M	554M	586M	572M	-190M
Tangible Book Value Per Share	19.9	21.16	22.12	21.59	-7.17
Total Debt	7M	17M	14M	12M	327M
Net Debt	-443M	-516M	-394M	-370M	113M
Debt Equivalent Oper. Leases	-	-	-	-	-
Equity Method Investments, Total	-	-	80M	74M	56M
Account Code - Inventory Valuation	5	5	5	5	5
Full Time Employees	78	100	105	105	120
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	1M	1M	2M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	255M	175M	64M	141M	120M
Depreciation & Amortization - CF	7M	10M	11M	12M	11M
Amortization of Goodwill and Intangible Assets - (CF)	5M	7M	7M	8M	8M
Depreciation & Amortization, Total	12M	17M	18M	20M	19M
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	27M	-6M	-78M	22M	3M
Change In Accounts Receivable	-58M	100M	11M	-56M	-10M
Change In Inventories	-6M	4M	2M	-4M	3M
Change in Other Net Operating Assets	47M	-54M	-6M	19M	13M
Cash from Operations	277M	236M	11M	142M	148M
Capital Expenditure	-4M	-6M	-2M	-4M	-10M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-412M
Sale (Purchase) of Intangible assets	-6M	-15M	-7M	-6M	-6M
Investment in Marketable and Equity Securities, Total	-	-	-80M	-	-
Other Investing Activities, Total	-1M	-1M	-	-	-1M
Cash from Investing	-11M	-22M	-89M	-10M	-429M
Long-Term Debt Issued, Total	-	-	-	-	300M
Total Debt Issued	-	-	-	-	300M
Long-Term Debt Repaid, Total	-3M	-5M	-5M	-6M	-6M
Total Debt Repaid	-3M	-5M	-5M	-6M	-6M
Issuance of Common Stock	-	-	103M	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-92M	-131M	-144M	-159M	-172M
Common & Preferred Stock Dividends Paid	-92M	-131M	-144M	-159M	-172M
Other Financing Activities, Total	-	-	4M	3M	2M
Cash from Financing	-95M	-136M	-42M	-162M	124M
Foreign Exchange Rate Adjustments	6M	4M	-4M	4M	-10M
Miscellaneous Cash Flow Adjustments	1M	-	-	-	-1M
Net Change in Cash	178M	82M	-124M	-26M	-168M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	42M	56M	98M	21M	36M
Levered Free Cash Flow	235M	192M	-24.02M	100M	154M
Unlevered Free Cash Flow	235M	193M	-23.4M	101M	154M
Change In Net Working Capital	-35M	-41M	85M	18M	-43M
Net Debt Issued / Repaid	-3M	-5M	-5M	-6M	294M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	31.03	20.44	6.98	14.73	10.57
Return on Total Capital	38.69	25.37	7.99	16.43	14.02
Return On Equity %	50.85	29.09	9.98	21.73	19.95
Return on Common Equity	50.85	29.09	9.98	21.73	19.95
Margin Analysis
Gross Profit Margin %	73.19	72.11	70.87	72.46	73.36
SG&A Margin	17.27	23.45	37.25	28.36	35.08
EBITDA Margin %	53.45	46.36	27.17	38.92	34.9
EBITA Margin %	52.8	45.47	25.49	37.68	33.96
EBIT Margin %	51.97	44.23	23.53	36.02	32.46
Income From Continuing Operations Margin %	41.94	31.08	17.93	29.19	22.51
Net Income Margin %	41.94	31.08	17.93	29.19	22.51
Net Avail. For Common Margin %	41.94	31.08	17.93	29.19	22.51
Normalized Net Income Margin	33.82	25.53	12.43	23.42	18.53
Levered Free Cash Flow Margin	38.62	34.14	-6.73	20.73	28.92
Unlevered Free Cash Flow Margin	38.62	34.25	-6.55	20.86	28.92
Asset Turnover
Asset Turnover	0.96	0.74	0.47	0.65	0.52
Fixed Assets Turnover	29.66	22.52	12.75	21	13.32
Receivables Turnover (Average Receivables)	3.55	3.6	3.48	3.85	3.27
Inventory Turnover (Average Inventory)	25.08	19.62	20.8	22.17	12.35
Short Term Liquidity
Current Ratio	3.91	5.67	10.04	7.37	2.92
Quick Ratio	3.84	5.59	9.89	7.22	2.76
Operating Cash Flow to Current Liabilities	1.59	2.02	0.2	1.82	1
Days Sales Outstanding (Average Receivables)	102.96	101.46	104.8	95.1	111.62
Days Outstanding Inventory (Average Inventory)	14.56	18.6	17.55	16.51	29.56
Average Days Payable Outstanding	110.57	118.09	105.56	100.18	117.58
Cash Conversion Cycle (Average Days)	6.94	1.97	16.78	11.43	23.6
Long Term Solvency
Total Debt/Equity	1.21	2.72	2.13	1.87	58.18
Total Debt / Total Capital	1.2	2.64	2.09	1.84	36.78
LT Debt/Equity	0.69	1.92	1.37	0.94	56.76
Long-Term Debt / Total Capital	0.68	1.87	1.34	0.92	35.88
Total Liabilities / Total Assets	23.68	18.38	10.98	13.26	57
EBIT / Interest Expense	-	249	84	174	-
EBITDA / Interest Expense	-	266	102	194	-
(EBITDA - Capex) / Interest Expense	-	260	100	190	-
Total Debt / EBITDA	0.02	0.06	0.14	0.06	1.7
Net Debt / EBITDA	-1.35	-1.94	-3.86	-1.91	0.59
Total Debt / (EBITDA - Capex)	0.02	0.07	0.14	0.06	1.8
Net Debt / (EBITDA - Capex)	-1.37	-1.98	-3.94	-1.95	0.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	66.58	-7.4	-36.59	35.29	10.35
Gross Profit, 1 Yr. Growth %	67.29	-8.76	-37.68	38.34	11.71
EBITDA, 1 Yr. Growth %	80.56	-19.69	-62.84	93.81	-1.06
EBITA, 1 Yr. Growth %	81.36	-20.25	-64.45	100	-0.55
EBIT, 1 Yr. Growth %	84.8	-21.2	-66.27	107.14	-0.57
Earnings From Cont. Operations, 1 Yr. Growth %	97.67	-31.37	-63.43	120.31	-14.89
Net Income, 1 Yr. Growth %	97.67	-31.37	-63.43	120.31	-14.89
Normalized Net Income, 1 Yr. Growth %	100.61	-30.09	-69.13	154.93	-12.71
Diluted EPS Before Extra, 1 Yr. Growth %	95.54	-31.22	-63.5	119.83	-14.85
Accounts Receivable, 1 Yr. Growth %	41.55	-44.28	-16.96	69.89	6.33
Inventory, 1 Yr. Growth %	233.33	-40	-33.33	100	87.5
Net Property, Plant and Equip., 1 Yr. Growth %	-13.64	63.16	-19.35	-16	180.95
Total Assets, 1 Yr. Growth %	46.23	1.46	-3.78	0.14	76.86
Tangible Book Value, 1 Yr. Growth %	40.43	6.33	5.78	-2.39	-133.22
Common Equity, 1 Yr. Growth %	35.45	8.49	4.95	-2.44	-12.32
Cash From Operations, 1 Yr. Growth %	138.79	-14.8	-95.34	1.19K	4.23
Capital Expenditures, 1 Yr. Growth %	-60	50	-66.67	100	150
Levered Free Cash Flow, 1 Yr. Growth %	308.7	-18.14	-112.5	-515.03	53.93
Unlevered Free Cash Flow, 1 Yr. Growth %	304.3	-17.88	-112.14	-528.72	52.98
Dividend Per Share, 1 Yr. Growth %	42.86	10	9.09	8.33	-61.54
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	50.62	24.2	-23.37	-7.38	22.19
Gross Profit, 2 Yr. CAGR %	49.54	23.54	-24.6	-7.15	24.32
EBITDA, 2 Yr. CAGR %	62.55	20.42	-45.37	-15.13	38.47
EBITA, 2 Yr. CAGR %	62.88	20.26	-46.76	-15.68	41.03
EBIT, 2 Yr. CAGR %	63.64	20.67	-48.44	-16.41	43.51
Earnings From Cont. Operations, 2 Yr. CAGR %	73.21	16.47	-49.9	-10.24	36.93
Net Income, 2 Yr. CAGR %	73.21	16.47	-49.9	-10.24	36.93
Normalized Net Income, 2 Yr. CAGR %	73.73	18.42	-53.55	-11.29	49.18
Diluted EPS Before Extra, 2 Yr. CAGR %	71.44	15.97	-49.9	-10.42	36.81
Accounts Receivable, 2 Yr. CAGR %	56.56	-11.19	-31.98	18.77	34.4
Inventory, 2 Yr. CAGR %	123.61	41.42	-36.75	15.47	93.65
Net Property, Plant and Equip., 2 Yr. CAGR %	151.66	18.71	14.71	-17.69	53.62
Total Assets, 2 Yr. CAGR %	48.46	21.8	-1.2	-1.84	33.08
Tangible Book Value, 2 Yr. CAGR %	46.73	22.2	6.05	1.61	-43.06
Common Equity, 2 Yr. CAGR %	39.15	21.22	6.71	1.19	-7.51
Cash From Operations, 2 Yr. CAGR %	109.69	42.64	-80.07	-22.43	266.8
Capital Expenditures, 2 Yr. CAGR %	100	-22.54	-29.29	-18.35	123.61
Levered Free Cash Flow, 2 Yr. CAGR %	1.53K	82.91	-68.01	-27.82	152.76
Unlevered Free Cash Flow, 2 Yr. CAGR %	1.53K	82.22	-68.43	-27.72	156.1
Dividend Per Share, 2 Yr. CAGR %	29.1	25.36	9.54	8.71	-35.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	46.71	28.07	-0.74	-7.39	-1.81
Gross Profit, 3 Yr. CAGR %	46.27	26.83	-1.66	-7.69	-1.25
EBITDA, 3 Yr. CAGR %	57.77	28.5	-18.62	-16.68	-10.68
EBITA, 3 Yr. CAGR %	57.86	28.38	-19.89	-17.23	-10.91
EBIT, 3 Yr. CAGR %	57.34	28.26	-21.1	-18.04	-11.43
Earnings From Cont. Operations, 3 Yr. CAGR %	65.36	27.22	-20.84	-17.92	-11.82
Net Income, 3 Yr. CAGR %	65.36	27.22	-20.84	-17.92	-11.82
Normalized Net Income, 3 Yr. CAGR %	61.57	28.26	-24.35	-18.06	-11.76
Diluted EPS Before Extra, 3 Yr. CAGR %	63.39	26.44	-21.12	-17.98	-11.92
Accounts Receivable, 3 Yr. CAGR %	53.79	10.95	-13.16	-7.71	14.47
Inventory, 3 Yr. CAGR %	75.66	44.22	10.06	-7.17	35.72
Net Property, Plant and Equip., 3 Yr. CAGR %	72.09	117.81	4.35	3.39	23.93
Total Assets, 3 Yr. CAGR %	33.27	30.77	12.6	-0.76	19.44
Tangible Book Value, 3 Yr. CAGR %	25.34	31.79	16.46	3.16	-30
Common Equity, 3 Yr. CAGR %	27.92	28.07	15.54	3.57	-3.53
Cash From Operations, 3 Yr. CAGR %	58.87	55.31	-54.4	-19.97	-14.4
Capital Expenditures, 3 Yr. CAGR %	21.76	81.71	-41.52	0	18.56
Levered Free Cash Flow, 3 Yr. CAGR %	67.07	500.41	-25.22	-24.73	-7.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	67.06	501.06	-26.14	-24.58	-7.2
Dividend Per Share, 3 Yr. CAGR %	25.99	22.39	19.68	9.14	-23.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	47.66	34.99	13.14	12.5	7.87
Gross Profit, 5 Yr. CAGR %	48.45	34.2	12.22	11.95	8.01
EBITDA, 5 Yr. CAGR %	79.74	46.58	3.23	8.86	0.66
EBITA, 5 Yr. CAGR %	80.79	46.74	2.2	8.51	0.45
EBIT, 5 Yr. CAGR %	80.43	46.07	0.7	8.08	0.23
Earnings From Cont. Operations, 5 Yr. CAGR %	77.92	61.73	2.56	10.65	-1.44
Net Income, 5 Yr. CAGR %	77.92	61.73	2.56	10.65	-1.44
Normalized Net Income, 5 Yr. CAGR %	77.24	44.07	-1.86	10.68	-0.74
Diluted EPS Before Extra, 5 Yr. CAGR %	71.49	59.61	1.83	10.16	-1.68
Accounts Receivable, 5 Yr. CAGR %	56.58	24.74	10.97	14.02	3.42
Inventory, 5 Yr. CAGR %	71.45	43.1	16.74	31.95	37.97
Net Property, Plant and Equip., 5 Yr. CAGR %	49.92	63.37	46.32	47.58	21.81
Total Assets, 5 Yr. CAGR %	58.57	25.93	18.24	16.59	20.38
Tangible Book Value, 5 Yr. CAGR %	57.56	21.01	17.24	18.77	-12.53
Common Equity, 5 Yr. CAGR %	58.7	23.2	18.97	16.55	5.7
Cash From Operations, 5 Yr. CAGR %	76.95	84.17	-30.75	17.65	4.99
Capital Expenditures, 5 Yr. CAGR %	17.3	39.62	-2.03	31.95	0
Levered Free Cash Flow, 5 Yr. CAGR %	115.63	85.41	-13.76	157.29	21.82
Unlevered Free Cash Flow, 5 Yr. CAGR %	115.59	85.43	-14.21	157.61	21.56
Dividend Per Share, 5 Yr. CAGR %	-	-	19.14	16.72	-6.51