Company Mips AB

Equities

MIPS

SE0009216278

Recreational Products

Market Closed - Nasdaq Stockholm 12:29:41 2024-03-18 pm EDT 5-day change 1st Jan Change
301.1 SEK -1.60% Intraday chart for Mips AB -0.63% -17.39%

Business Summary

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: 105

Sales per Business

SEK in Million2021Weight2022Weight Delta
Component Kit
96.3 %
593 97.5 % 542 96.3 % -8.60%
MIPS Technology
3.7 %
15 2.5 % 21 3.7 % +40.00%

Sales per region

SEK in Million2021Weight2022Weight Delta
North America
65.4 %
409 67.3 % 369 65.4 % -9.78%
Europe
22.5 %
120 19.7 % 127 22.5 % +5.83%
Sweden
7.6 %
47 7.7 % 43 7.6 % -8.51%
Asia and Australia
4.4 %
32 5.3 % 25 4.4 % -21.88%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 15-12-31
Founder 56 95-12-31
Director of Finance/CFO 46 20-11-30
Chief Tech/Sci/R&D Officer 52 21-12-31
Chief Operating Officer 46 15-12-31
Sales & Marketing 48 18-12-31
Sales & Marketing 46 17-12-31
Corporate Officer/Principal - 16-07-31
Comptroller/Controller/Auditor - 14-05-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 58 15-12-31
Director/Board Member 58 17-12-31
Director/Board Member 57 11-12-31
Director/Board Member 57 21-03-29
Director/Board Member 54 22-02-27
Director/Board Member 53 22-02-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 26,493,273 26,270,244 ( 99.16 %) 2,151 ( 0.008119 %) 99.16 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
4.893 %
1,296,374 4.893 % 40 M kr
Invesco Advisers, Inc.
3.458 %
916,258 3.458 % 28 M kr
Swedbank Robur Fonder AB
2.755 %
729,968 2.755 % 22 M kr
Spiltan Fonder AB
2.401 %
636,197 2.401 % 19 M kr
DNCA Finance SA
1.981 %
524,813 1.981 % 16 M kr
Goldman Sachs Asset Management BV
1.769 %
468,604 1.769 % 14 M kr
C Worldwide Asset Management Fondsmæglerselskab A/S (Sweden)
1.592 %
421,709 1.592 % 13 M kr
Stiftelsen Riksbankens Jubileumsfond
0.8894 %
235,626 0.8894 % 7 M kr
Columbia Threadneedle Asset Managers Ltd.
0.8693 %
230,315 0.8693 % 7 M kr
Storebrand Asset Management AS
0.8567 %
226,973 0.8567 % 7 M kr

Company contact information

Mips AB

Kemistvägen 1B

183 79, Täby

+

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

Group companies

NameCategory and Sector
M - PS Helmet AB

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
301.1 SEK
Average target price
370 SEK
Spread / Average Target
+22.88%
Consensus