MIPS AB financials
MIPS AB
Country: SE Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
549300LZSA4S0L54VQ25 ISIN: SE0009216278 Financial statements
(SEK, as reported — unscaled; 90 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 483.0M | SEK 357.0M |
| Cost of sales | SEK 133.0M | SEK 104.0M |
| Gross profit | SEK 350.0M | SEK 253.0M |
| Other income | SEK 5.0M | SEK 0 |
| Administrative expenses | SEK 60.0M | SEK 59.0M |
| Operating profit (EBIT) | SEK 174.0M | SEK 70.0M |
| Net finance income / (cost) | SEK 8.0M | SEK 14.0M |
| Finance costs | SEK 2.0M | SEK 2.0M |
| Profit before tax | SEK 183.0M | SEK 84.0M |
| Income tax expense | SEK 42.0M | SEK 20.0M |
| Profit for the year | SEK 141.0M | SEK 64.0M |
| Total comprehensive income | SEK 141.0M | SEK 68.0M |
| Per share | ||
| Basic EPS | SEK 5.32 | SEK 2.43 |
| Diluted EPS | SEK 5.32 | SEK 2.42 |
| Free cash flow / share | SEK 5.21 | SEK 0.34 |
| Cash flow statement | ||
| Net cash from operating activities | SEK 142.0M | SEK 11.0M |
| Income taxes paid | SEK 21.0M | SEK 98.0M |
| Net cash from investing activities | -SEK 10.0M | -SEK 89.0M |
| Purchase of PP&E (capex) | SEK 4.0M | SEK 2.0M |
| Purchase of intangibles | SEK 6.0M | SEK 7.0M |
| Net cash from financing activities | -SEK 162.0M | -SEK 42.0M |
| Dividends paid | SEK 159.0M | SEK 144.0M |
| Lease liability payments | SEK 6.0M | SEK 5.0M |
| Net change in cash | -SEK 29.0M | -SEK 121.0M |
| Balance sheet | ||
| Total assets | SEK 739.0M | SEK 738.0M |
| Non-current assets | SEK 165.0M | SEK 176.0M |
| Property, plant & equipment | SEK 8.0M | SEK 10.0M |
| Right-of-use assets | SEK 13.0M | SEK 15.0M |
| Current assets | SEK 575.0M | SEK 562.0M |
| Inventories | SEK 8.0M | SEK 4.0M |
| Trade & other receivables | SEK 156.0M | SEK 91.0M |
| Cash & equivalents | SEK 382.0M | SEK 408.0M |
| Total equity | SEK 641.0M | SEK 657.0M |
| Non-current liabilities | SEK 20.0M | SEK 25.0M |
| Lease liabilities (non-current) | SEK 6.0M | SEK 9.0M |
| Current liabilities | SEK 78.0M | SEK 56.0M |
| Lease liabilities (current) | SEK 6.0M | SEK 5.0M |
| Deferred tax liabilities | SEK 4.0M | SEK 7.0M |
| Derived metrics | ||
| Free cash flow | SEK 138.0M | SEK 9.0M |
| Operating margin | 36.0% | 19.6% |
| Net margin | 29.2% | 17.9% |
| Return on equity | 22.0% | 9.7% |
| Cash conversion ratio | 1.01× | 0.17× |
| Capex coverage | 35.50× | 5.50× |
| Other reported items | ||
| Accruals and Deferred Income Including Contract Liabilities | SEK 20.0M | SEK 14.0M |
| Additional Paidin Capital | SEK 383.0M | SEK 381.0M |
| Adjustments For Decrease Increase In Inventories | -SEK 4.0M | SEK 2.0M |
| Adjustments For Decrease Increase In Other Operating Receivables | -SEK 56.0M | SEK 11.0M |
| Adjustments For Increase Decrease In Other Operating Payables | SEK 19.0M | -SEK 6.0M |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | SEK 21.0M | SEK 17.0M |
| Cash | SEK 382.0M | SEK 225.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 183.0M | SEK 4.0M |
| Current Prepayments and Current Accrued Income Other Than Current Contract Assets | SEK 11.0M | SEK 12.0M |
| Current Tax Assets Current | SEK 12.0M | SEK 36.0M |
| Current Tax Liabilities Current | SEK 3.0M | SEK 3.0M |
| Deferred Tax Assets | SEK 0 | SEK 0 |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | SEK 172.2M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 6.50 | — |
| Dividends Recognised As Distributions To Owners Per Share | SEK 6.00 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 4.0M | -SEK 4.0M |
| Equity and Liabilities | SEK 739.0M | SEK 738.0M |
| Finance Income | SEK 10.0M | SEK 15.0M |
| Gains Losses On Cash Flow Hedges Before Tax | -SEK 5.0M | SEK 14.0M |
| Gains Losses On Exchange Differences On Translation Before Tax | SEK 4.0M | -SEK 4.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -SEK 1.0M | SEK 2.0M |
| Increase Decrease Through Exercise of Options | — | SEK 103.0M |
| Increase Decrease Through Sharebased Payment Transactions | — | SEK 0 |
| Increase Decrease Through Transactions With Owners | -SEK 156.0M | -SEK 37.0M |
| Intangible Assets Other Than Goodwill | SEK 69.0M | SEK 71.0M |
| Investments In Associates Accounted For Using Equity Method | SEK 74.0M | SEK 80.0M |
| Issued Capital | SEK 3.0M | SEK 3.0M |
| Other Comprehensive Income | SEK 0 | SEK 4.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | SEK 0 | SEK 0 |
| Other Current Liabilities | SEK 3.0M | SEK 3.0M |
| Other Current Receivables | SEK 5.0M | SEK 11.0M |
| Other Expense By Function | SEK 0 | SEK 15.0M |
| Other Noncurrent Financial Assets | SEK 0 | SEK 0 |
| Other Noncurrent Financial Liabilities | SEK 10.0M | SEK 9.0M |
| Other Reserves | SEK 6.0M | SEK 6.0M |
| Proceeds From Exercise of Options | SEK 0 | SEK 103.0M |
| Proceeds From Issuing Other Equity Instruments | SEK 3.0M | SEK 4.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | SEK 0 | SEK 0 |
| Purchase of Interests In Associates | SEK 0 | SEK 80.0M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | SEK 0 | SEK 5.0M |
| Research and Development Expense | SEK 39.0M | SEK 35.0M |
| Retained Earnings | SEK 250.0M | SEK 268.0M |
| Selling Expense | SEK 77.0M | SEK 74.0M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -SEK 5.0M | SEK 0 |
| Shortterm Investments Classified As Cash Equivalents | SEK 0 | SEK 183.0M |
| Trade and Other Current Payables To Trade Suppliers | SEK 45.0M | SEK 30.0M |
Methodology
Every line item above is a fact tagged in MIPS AB's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.