MIPS AB (publ) (MIPS) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and thank you for standing by. Welcome to the MIPS Year End Report 2025 Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 1 on your telephone. You will then hear an automated message, your hand is raised. If you wish to ask a question via the webcast, please type it into the box and click submit. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Max Strandwitz, CEO of MIPS. Please go ahead. Thank you, operator. Good morning, everyone. My name is Max Strandwitz, and I am the CEO of MIPS. With me today, I also have our CFO, Karin Rosenthal, and we will take you through the MIPS presentation of the Q4. year-end report of 2025. So if we start with the key highlights, it was a good end of the year. Strong development with 18% organic growth in the fourth quarter. We did grow in all categories despite the challenging conditions. And our year-to-date organic growth ended at 21% of course with year-to-date we mean full year. The good momentum in Europe continued. We saw an organic growth of Europe of a little bit more than 30%, which is of course a fantastic number given that we grew 137% the year before. So despite a very strong comparator, we continue to see good performance in Europe. And if we look at the full year split of sales, Europe actually contribute to 43% of the total net sale of MIPS, which is something that we have been very happy about. And of course, part of our ambition to be less dependent on the US market and having a better sales split between Europe and US market. But also the US sales developed w...