- Mips reported net sales of SEK 144 million, aligning closely with the estimate of SEK 145 million.
- The operating profit was reported at SEK 62 million, surpassing the estimate of SEK 57.7 million.
- Mips achieved an operating margin of 42.9%.
- Earnings per share (EPS) were recorded at SEK 1.99.
- The company demonstrated strong cash flow from operations, totaling SEK 87 million.
- Analyst recommendations included 5 buys and 3 holds, with no sell ratings.
“`
A look at MIPS Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Standing at the intersection of sports and safety, MIPS AB continues to navigate towards a promising future according to the Smartkarma Smart Scores. With a solid Resilience score of 5, the company demonstrates a strong ability to weather various market conditions and challenges. This bodes well for its long-term sustainability and growth potential. Additionally, an impressive Momentum score of 4 indicates that MIPS is steadily gaining traction in its industry, showing positive signs of upward movement.
While the Value and Dividend scores for MIPS are moderate at 2, the company excels in Growth with a score of 3. This signals that MIPS is actively expanding and evolving, positioning itself for a fruitful future. As a global provider of innovative brain protection systems for sports helmets, MIPS appears well-positioned to continue serving its diverse customer base across different sports markets with cutting-edge products and a focus on safety.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
