MIPS AB (publ) (MIPS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and thank you for standing by. Welcome to the MIPS Interim Report, third quarter, 22.25, conference call and webcast. At this time, all participants are in listen-only mode. After this speaker's presentation, there will be the question and answer session. To ask a question during the session, you need to press star, one, one, on the top of the keypad. You will hear an automatic message advising your hand is raised. To withdraw a question, please press star, one, and one again. If you wish to ask a question via the webcast, please use the Q&A box available on the webcast link anytime during the live event. Please be advised that this conference has been recorded. I would like to hand the conference over to our first speaker today, Max Stramlitz. Please go ahead. Thank you, operator. Good morning, everyone. My name is Max Stramlitz. I am the CEO of MIPS, and with me today I also have Karin Rosenthal, who is the CFO of MIPS, and we will take you through the presentation of the Q3 2025 interim report. And if we start with the key highlights, it was good development with 19% organic growth in the third quarter. Good to see that we did deliver growth in all the categories we are in despite the challenging conditions. Year-to-date organic growth now at 22%. We did see very strong development in Europe with 73% growth. And this was the fourth consecutive quarter where we actually managed to deliver more than 50% growth in Europe. And of course, it's also great to see that we are delivering on our ambition, but also that the proportion of sales getting higher from Europe and of course contributing to the whole growth agenda at MIPS. US market was a bit more challenging, but we actually managed to deliver a small organic growth also on that market and continue to gai...