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MIPS AB (MPZAF)
:MPZAF
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.16Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -13.06%
|Next Earnings Date:Aug 16, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with significant growth in sales and EBIT, supported by strategic investments and a robust financial position. However, challenges remain due to the uncertain consumer market and slower-than-expected developments in the Safety segment.Company Guidance
During the MIPS Q3 2024 earnings call, executives provided guidance indicating robust growth across the company's main categories. They reported a 61% increase in net sales, with an even stronger organic growth of 69% when adjusting for foreign exchange impacts. Year-to-date, the company has achieved a 29% organic growth. The Sports category saw a 61% growth, Moto achieved 55% growth in the quarter, and Safety saw close to doubling sales compared to the previous year. Financially, the company reported a gross margin of 73.4% and a significant EBIT increase of 219% to SEK 48 million, with a margin improvement to 38.5%. Operating cash flow was strong at SEK 36 million, supported by a cash position of SEK 296 million and an equity ratio of 87%. Overall, the company expressed confidence in its long-term strategy and financial targets, despite ongoing market uncertainties.Strong Growth in Net Sales
The company achieved a 61% growth in net sales for the quarter, with an organic growth rate of 69% when adjusting for foreign exchange impacts.
Impressive EBIT Growth
EBIT increased by 219% to SEK 48 million, with the EBIT margin rising from 19.5% to 38.5%.
Positive Development Across Categories
All categories, including Sports, Moto, and Safety, showed strong growth, with Sports up 61%, Moto up 55%, and Safety close to doubling sales.
High Gross Margin
The gross margin slightly increased to 73.4% from 73.1% the previous year, indicating strong product mix and sales growth.
Robust Financial Position
The company holds a strong cash position with SEK 296 million in cash and no loans, maintaining an equity ratio of 87%.
Strategic Investments
The company continued investing in marketing and R&D, focusing on its strategic priorities.
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MPZAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MPZAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $48.85 | $48.85 | 0.00% |
| Jul 18, 2024 | $48.85 | $48.85 | 0.00% |
| Apr 25, 2024 | $48.85 | $48.85 | 0.00% |
| Feb 08, 2024 | $48.85 | $48.85 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does MIPS AB (MPZAF) report earnings?
MIPS AB (MPZAF) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is MIPS AB (MPZAF) earnings time?
MIPS AB (MPZAF) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MPZAF EPS forecast?
MPZAF EPS forecast for the fiscal quarter 2024 (Q4) is 0.16.
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