MIPS AB: Q1-23 Results, Soft Demand Until Q2, Recovery in H2 Expected
MIPS fell 12% to SEK 450/share after results announcement, inching closer to my buy price.
MIPS AB is a monopoly in bike helmet safety systems, a compounder in the making. It reported a challenging Q1’23 results. The market didn’t like it but I see signs of market recovery i…