Company Mips AB

Equities

MIPS

SE0009216278

Recreational Products

Real-time Estimate Cboe Europe 04:51:30 2024-04-26 am EDT 5-day change 1st Jan Change
380.7 SEK +4.30% Intraday chart for Mips AB +8.61% +4.47%

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 Million2022Weight2023Weight Delta
Component Kit
93.6 %
542 96.3 % 334 93.6 % -38.38%
MIPS Technology
6.4 %
21 3.7 % 23 6.4 % +9.52%

Sales per region

SEK in Million2022Weight2023Weight Delta
North America
58.0 %
369 65.4 % 207 58.0 % -43.90%
Europe
23.0 %
127 22.5 % 82 23.0 % -35.43%
Asia and Australia
14.0 %
25 4.4 % 50 14.0 % +100.00%
Sweden
5.0 %
43 7.6 % 18 5.0 % -58.14%

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
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 26,313,631 ( 99.32 %) 2,151 ( 0.008119 %) 99.32 %

Shareholders

NameEquities%Valuation
Baillie Gifford & Co.
4.893 %
1,296,374 4.893 % 43 M kr
Invesco Advisers, Inc.
3.458 %
916,258 3.458 % 30 M kr
Swedbank Robur Fonder AB
2.755 %
729,968 2.755 % 24 M kr
Spiltan Fonder AB
2.401 %
636,197 2.401 % 21 M kr
DNCA Finance SA
1.981 %
524,813 1.981 % 17 M kr
Goldman Sachs Asset Management BV
1.769 %
468,604 1.769 % 15 M kr
C Worldwide Asset Management Fondsmæglerselskab A/S (Sweden)
1.648 %
436,709 1.648 % 14 M kr
Amundi Asset Management SA (Investment Management)
1.080 %
286,010 1.080 % 9 M kr
Stiftelsen Riksbankens Jubileumsfond
0.8894 %
235,626 0.8894 % 8 M kr
Columbia Threadneedle Asset Managers Ltd.
0.8690 %
230,219 0.8690 % 8 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