Mips AB (publ)

BATS-CHIXE:MIPSS Stock Report

Market Cap: SEK 14.2b

Mips Management

Management criteria checks 4/4

Mips' CEO is Max Strandwitz, appointed in May 2019, has a tenure of 5.75 years. total yearly compensation is SEK6.19M, comprised of 71.2% salary and 28.8% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth SEK41.86M. The average tenure of the management team and the board of directors is 4.3 years and 5.4 years respectively.

Key information

Max Strandwitz

Chief executive officer

SEK 6.2m

Total compensation

CEO salary percentage71.2%
CEO tenure5.8yrs
CEO ownership0.3%
Management average tenure4.3yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Max Strandwitz's remuneration changed compared to Mips's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

SEK 141m

Sep 30 2024n/an/a

SEK 104m

Jun 30 2024n/an/a

SEK 82m

Mar 31 2024n/an/a

SEK 62m

Dec 31 2023SEK 6mSEK 4m

SEK 64m

Sep 30 2023n/an/a

SEK 67m

Jun 30 2023n/an/a

SEK 82m

Mar 31 2023n/an/a

SEK 141m

Dec 31 2022SEK 7mSEK 4m

SEK 175m

Sep 30 2022n/an/a

SEK 235m

Jun 30 2022n/an/a

SEK 295m

Mar 31 2022n/an/a

SEK 271m

Dec 31 2021SEK 8mSEK 4m

SEK 255m

Sep 30 2021n/an/a

SEK 235m

Jun 30 2021n/an/a

SEK 188m

Mar 31 2021n/an/a

SEK 149m

Dec 31 2020SEK 4mSEK 3m

SEK 129m

Sep 30 2020n/an/a

SEK 100m

Jun 30 2020n/an/a

SEK 74m

Mar 31 2020n/an/a

SEK 87m

Dec 31 2019SEK 5mSEK 2m

SEK 85m

Compensation vs Market: Max's total compensation ($USD564.75K) is below average for companies of similar size in the UK market ($USD2.38M).

Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.

CEO

Max Strandwitz (49 yo)

5.8yrs

Tenure

SEK 6,185,000

Compensation

Mr. Max Strandwitz has been Chief Executive Officer of MIPS AB (publ) since May 10, 2019 and also serves as its President. Mr. Strandwitz served as Chief Financial Officer of Operations at Cloetta AB and F...

Leadership Team

NamePositionTenureCompensationOwnership
Max Strandwitz
CEO & President5.8yrsSEK 6.19m0.29%
SEK 41.9m
Karin Rosenthal
Chief Financial Officer4.3yrsno data0.0011%
SEK 150.7k
Cedric Marmeys
Chief Operating Officer2.1yrsno datano data
Pernilla Holmgren
Vice President of Brand & Marketing1.1yrsno datano data
Johan Thiel
Advisor5.8yrsSEK 5.69mno data

4.3yrs

Average Tenure

48yo

Average Age

Experienced Management: MIPSS's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Maria Hedengren
Independent Director2.8yrsSEK 355.00k0.0011%
SEK 160.6k
Jenny Rosberg
Independent Director7.1yrsSEK 410.00k0.0060%
SEK 858.4k
Magnus Welander
Independent Chairman of the Board9.1yrsSEK 683.00k0.19%
SEK 27.1m
Jonas Rahmn
Independent Board Member13.1yrsSEK 312.00k0.13%
SEK 18.0m
Anna Hallov
Independent Director2.8yrsSEK 282.00k0.0023%
SEK 321.2k
Thomas Brautigam
Independent Director3.8yrsSEK 282.00k0.023%
SEK 3.2m

5.4yrs

Average Tenure

57yo

Average Age

Experienced Board: MIPSS's board of directors are considered experienced (5.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/09 00:19
End of Day Share Price 2025/02/05 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mips AB (publ) is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Karl VikströmBerenberg
Emanuel JanssonDanske Bank