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Mips AB/Skr MIPS

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About Mips AB

Mips AB is a Swedish company that operates within the safety products industry, with a focus on helmet-based safety and brain protection solutions. The company is renowned for its MIPS Brain Protection System, a technology integrated into helmets to reduce rotational motion transferred to the brain during impacts, which can significantly reduce the risk of certain brain injuries. Founded in 2001, Mips AB stems from research conducted at the Royal Institute of Technology and the Karolinska Institute in Stockholm. Headquartered in Stockholm, Sweden, the company has established itself with a strong geographic presence primarily through partnerships with helmet manufacturers worldwide. Mips AB's competitive strength lies in its proprietary technology and its ability to integrate seamlessly into diverse helmet types used in sports, motorcycling, and construction, among other areas.
Ticker
Skr MIPS
Sector
Consumer Discretionary
Primary listing
XSTO
Employees
133
Headquarters
Täby, Sweden
Website
mipscorp.com

Mips AB Metrics

BasicAdvanced
kr 11B
65.31
kr 6.45
1.59
kr 2.50
0.59%

What the Analysts think about Mips AB

Analyst ratings (Buy, Hold, Sell) for Mips AB stock.
Analyst projections of the future price of Mips AB stock.

Bulls say / Bears say

Sales rose 55% in the first nine months of 2026, with organic growth of 31%; adjusted operating margin also improved to 42.7% from 37.5%. Growth across regions and categories suggests the business is gaining traction beyond the effect of its acquisition. (Inderes)
The Koroyd acquisition is helping Mips expand beyond its traditional helmet business: Safety sales grew 34% organically in Q3, and the group sees interest in using its technology in body protection, gloves and footwear. A new fire-helmet partnership with Dräger offers another route into the professional safety market. (Inderes, Mips)
Motorcycle sales grew 46% organically in Q3 despite a challenging market. Stricter helmet standards are making product development more demanding, which may encourage manufacturers to work with Mips for its expertise and technology. (Inderes)
Organic growth slowed to 24% in Q3 from 42% in Q2. The 59% headline sales increase also included acquisition and currency contributions, so it overstates the pace of underlying growth. (Inderes, Mips)
Legal costs and the patent settlement totalled SEK 37m in Q3, pulling the reported operating margin down to 28.1%, compared with an adjusted margin of 45.2%. The settlement removes the specific dispute, but illustrates that protecting customer relationships and intellectual property can carry a material cost. (Inderes, Mips)
Snow-related demand remains exposed to weather: Mips said North America had a weaker winter-sports season, with fewer active days after poor conditions in key regions. That could make sales in an important sports category uneven from year to year. (Inderes)
Data summarised monthly by Lightyear AI. Last updated on 21 Oct 2026.

Mips AB Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Mips AB Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Mips AB

AllUSDEURGBP
Funds
Fund name
Fund size
Skr MIPS weighting
Xtrackers MSCI Europe Small Cap£XXSC
$3.6B0.07%
Xtrackers MSCI Europe Small Cap€DX2J
$3.6B0.07%
iShares MSCI World Small Cap£WLDS
$9B0.01%
iShares MSCI World Small Cap€IUSN
$9B0.01%
iShares MSCI World Small Cap$WSML
$9B0.01%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.