MIPS AB

MIPS · ST · Consumer Cyclical / Leisure

468.40SEK-1.60 (-0.34%)

Price History

Full chart

Market Stats

Previous Close470.00

Open471.60

Day Range458.40 – 478.80

52-Week Range204.23 – 448.80

Volume263.43K

Market Cap10.47B

P/E (TTM)63.13

Forward P/E29.24

EPS6.26

Dividend Yield0.63%

Beta1.64

50-Day Avg388.65

200-Day Avg300.31

About

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. The company provides sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, snowmobiling, car driving, and other helmets for travel and high speed activities; and safety helmets for construction, manufacturing, mining, and oil industries, as well as military, police force, and rescue services. Mips AB (publ) company was founded in 1996 and is headquartered in Täby, Sweden.

Company Details

SectorConsumer Cyclical
IndustryLeisure
CEOMr. Max Strandwitz
Employees127
HeadquartersKemistvägen 1B, Täby, Sweden, 183 79, Sweden
Websitehttps://mipscorp.com

Leadership

Mr. Max StrandwitzCEO & President · b. 1975
Ms. Karin RosenthalChief Financial Officer · b. 1978
Mr. Cedric MarmeysChief Operating Officer · b. 1983
Mr. Johan ThielAdvisor · b. 1964
Piers StoreyManaging Director of Koroyd · b. 1986

Financials

Income Statement

Currency: SEK	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	14.77M	49.56M	86.63M	125.60M	192.53M	267.87M	365.00M	608.00M	563.00M	357.00M	483.00M	533.00M
Growth (%)	-	+235.64%	+74.81%	+44.99%	+53.29%	+39.13%	+36.26%	+66.58%	-7.40%	-36.59%	+35.29%	+10.35%
Cost of Revenue	7.34M	15.04M	24.90M	32.32M	50.35M	69.43M	99.00M	163.00M	177.00M	104.00M	133.00M	142.00M
Gross Profit	7.42M	34.51M	61.73M	93.28M	142.19M	198.45M	266.00M	445.00M	386.00M	253.00M	350.00M	391.00M
Gross Margin	50.29%	69.64%	71.25%	74.26%	73.85%	74.08%	72.88%	73.19%	68.56%	70.87%	72.46%	73.36%
Operating Expense	20.67M	31.64M	43.35M	72.45M	69.23M	90.43M	99.00M	119.00M	157.00M	183.00M	176.00M	235.00M
Operating Income	-13.24M	2.88M	18.38M	20.82M	72.96M	108.01M	167.00M	326.00M	229.00M	70.00M	174.00M	156.00M
Operating Margin	-89.69%	5.80%	21.21%	16.58%	37.90%	40.32%	45.75%	53.62%	40.67%	19.61%	36.02%	29.27%
EBITDA	-12.85M	3.36M	17.32M	21.58M	74.89M	115.30M	178.00M	340.00M	242.00M	88.00M	209.00M	175.00M
EBITDA Margin	-87.00%	6.78%	20.00%	17.18%	38.89%	43.04%	48.77%	55.92%	42.98%	24.65%	43.27%	32.83%
Net Income	-13.13M	18.78M	14.30M	15.81M	56.40M	84.83M	129.00M	255.00M	175.00M	64.00M	141.00M	120.00M
Net Income Margin	-88.92%	37.90%	16.51%	12.59%	29.29%	31.67%	35.34%	41.94%	31.08%	17.93%	29.19%	22.51%
R&D	2.98M	3.15M	4.61M	9.66M	12.14M	15.06M	18.00M	24.00M	26.00M	35.00M	39.00M	41.00M
R&D as % of Total Revenue	20.15%	6.35%	5.32%	7.69%	6.31%	5.62%	4.93%	3.95%	4.62%	9.80%	8.07%	7.69%
Interest Expense	87.00K	23.00K	9.00K	36.00K	7.00K	312.00K	1.00M	1.00M	1.00M	1.00M	1.00M	1.00M
Interest Expense % of Total Revenue	0.59%	0.05%	0.01%	0.03%	0.00%	0.12%	0.27%	0.16%	0.18%	0.28%	0.21%	0.19%

Balance Sheet

Currency: SEK	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	7.23M	26.42M	54.34M	75.40M	242.17M	319.39M	342.59M	517.00M	756.00M	767.00M	738.00M	739.00M	1.31B
Total Liabilities	5.09M	8.07M	12.79M	18.07M	21.60M	43.76M	44.69M	91.00M	179.00M	141.00M	81.00M	98.00M	745.00M
Total Equity	2.13M	18.35M	41.55M	57.33M	220.57M	275.64M	297.90M	426.00M	577.00M	626.00M	657.00M	641.00M	562.00M
Cash	2.68M	7.97M	8.72M	28.51M	17.55M	36.82M	191.56M	91.00M	89.00M	152.00M	225.00M	382.00M	214.00M
Total Debt	1.26M	674.00K	147.00K	55.00K	-	-	168.00K	11.00M	7.00M	17.00M	14.00M	12.00M	327.00M
Net Debt	-1.42M	-7.30M	-8.57M	-28.45M	-17.55M	-36.82M	-191.40M	-80.00M	-82.00M	-135.00M	-211.00M	-370.00M	113.00M

Cash Flow

Currency: SEK	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-13.09M	3.06M	15.97M	11.14M	69.08M	63.22M	116.00M	277.00M	236.00M	11.00M	142.00M	148.00M
Investing Cash Flow	-873.00K	-1.88M	-3.78M	-4.64M	-6.64M	-49.00M	-15.00M	-11.00M	-22.00M	-89.00M	-10.00M	-429.00M
Financing Cash Flow	26.05M	-537.00K	200.00K	145.08M	-65.00M	-65.40M	-15.00M	-95.00M	-136.00M	-42.00M	-162.00M	124.00M
Capital Expenditure	926.00K	1.88M	3.22M	4.66M	6.72M	48.65M	15.00M	10.00M	21.00M	9.00M	10.00M	10.00M
Free Cash Flow	-14.01M	1.19M	12.75M	6.48M	62.36M	14.57M	101.00M	267.00M	215.00M	2.00M	132.00M	138.00M
Dividends Paid	-	-	63.25M	63.00M	63.00M	63.25M	79.00M	92.00M	131.00M	144.00M	159.00M	172.00M
FCF to OCF	107.08%	38.79%	79.82%	58.15%	90.27%	23.05%	87.07%	96.39%	91.10%	18.18%	92.96%	93.24%
Dividend Paid to FCF	-	-	496.20%	972.82%	101.03%	434.02%	78.22%	34.46%	60.93%	7200.00%	120.45%	124.64%

Earnings

Report Date	May 11, 2017	Aug 17, 2017	Nov 9, 2017	Feb 15, 2018	May 9, 2018	Aug 16, 2018	Nov 7, 2018	Feb 14, 2019	May 3, 2019	Jul 23, 2019	Nov 8, 2019	Feb 13, 2020	Apr 29, 2020	Jul 23, 2020	Nov 6, 2020	Feb 11, 2021	Apr 29, 2021	Jul 22, 2021	Oct 28, 2021	Feb 10, 2022	Apr 28, 2022	Jul 21, 2022	Oct 16, 2022	Feb 9, 2023	Apr 26, 2023	Jul 20, 2023	Oct 26, 2023	Feb 8, 2024	Apr 25, 2024	Jul 18, 2024	Oct 24, 2024	Feb 5, 2025	Apr 24, 2025	Jul 16, 2025	Oct 22, 2025	Feb 11, 2026	Apr 23, 2026	Jul 16, 2026	Oct 21, 2026
EPS Estimate	-	0.39	-0.02	0.43	0.07	0.60	0.50	0.82	0.22	1.23	0.95	1.11	0.34	1.18	1.39	1.93	1.15	1.95	2.18	3.53	1.71	2.99	2.59	0.66	1.43	1.05	0.67	1.13	0.56	1.19	1.39	1.71	0.96	1.28	1.33	2.32	0.71	2.51	2.07
EPS Actual	-0.19	0.36	-0.01	0.58	0.11	0.67	0.61	0.86	0.38	1.16	0.63	1.19	0.49	0.64	1.61	2.23	1.22	2.08	3.33	3.00	1.81	3.01	1.10	0.71	0.55	0.76	0.52	0.60	0.44	1.53	1.37	1.99	0.71	1.20	1.29	1.46	1.30	2.94	-
Surprise	-	-7.69%	50.00%	34.88%	57.14%	11.67%	22.00%	4.88%	72.73%	-5.69%	-33.68%	7.21%	44.12%	-45.76%	15.83%	15.54%	6.09%	6.67%	52.75%	-15.01%	5.85%	0.67%	-57.53%	7.58%	-61.54%	-27.62%	-22.39%	-46.90%	-21.43%	28.57%	-1.44%	16.37%	-26.04%	-6.25%	-3.01%	-37.07%	83.10%	17.13%	-
Timing	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours

Key Statistics & Ratios

Market Cap10.47B

Enterprise Value10.16B

Trailing P/E63.13

Forward P/E29.24

Price / Sales15.77

Price / Book16.10

EPS6.26

Book Value23.44

Revenue (TTM)664.00M

Gross Profit (TTM)485.00M

EBITDA259.00M

Profit Margin24.85%

Operating Margin46.55%

Return on Equity29.39%

Return on Assets15.46%

Shares Outstanding26.49M

Shares Float26.32M

Beta1.64

Dividend Yield0.63%

Dividend Rate2.50

Payout Ratio35.77%

Dividends

20261×

2.50Apr 24, 2026

20251×

6.50May 8, 2025

20241×

6.00May 8, 2024

20231×

5.50May 11, 2023

20221×

5.00May 6, 2022

20211×

3.50May 7, 2021

20201×

3.00May 8, 2020

20191×

2.50May 10, 2019