Mips AB (publ)
Income Statement

Last updated: 5 Sep 2025

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Mips AB (publ)'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 37% to $357,000,000. Profit margin reached 18%. Total operating expenses were $183,000,000.

Profit Margin

Quarters Years

Mips AB (publ) (LSE:0RNQ.L): Profit margin
2014	14.76M	-13.12M	-88.92%
2015	49.55M	18.78M	37.9%
2016	86.62M	14.30M	16.51%
2017	125.60M	15.81M	12.59%
2018	192.53M	56.39M	29.29%
2019	267.87M	84.83M	31.67%
2020	365M	129M	35.34%
2021	608M	255M	41.94%
2022	563M	175M	31.08%
2023	357M	64M	17.93%

0RNQ.L Income Statement (2014 – 2023)

Quarters Years

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue
Revenue	357M	563M	608M	365M	267.87M	192.53M	125.60M	86.62M	49.55M	14.76M
Cost of revenue	104M	157M	163M	99M	69.42M	50.34M	32.32M	24.90M	15.04M	7.34M
Gross profit	253M	406M	445M	266M	198.44M	142.18M	93.27M	61.72M	34.51M	7.42M

Operating exp.
Research and development	35M	26M	24M	18M	15.05M	12.14M	9.65M	4.60M	3.14M	2.97M
Selling and marketing	74M	75M	57M	42M	35.05M	26.09M	22.01M	16.60M	10.90M	8.65M
Total operating expenses	183M	157M	129M	95M	80.69M	65.82M	72.37M	45.20M	32.00M	21.66M

Operating income	70M	229M	326M	167M	108.01M	72.96M	20.82M	18.37M	2.87M	-13.24M
Other income (expenses), net	14M	-6M	2M	-2M	360K	-124K	-426K	411K	70K	116K
Income before tax	84M	223M	328M	165M	108.37M	72.83M	20.39M	18.78M	2.94M	-13.12M
Income tax expense	20M	48M	73M	36M	23.54M	16.44M	4.58M	4.48M	-15.83M	2K
Net income	64M	175M	255M	129M	84.83M	56.39M	15.81M	14.30M	18.78M	-13.12M

Earnings per share
Basic EPS	2.44	6.69	9.74	4.96	3.35	2.23	0.64	0.67	0.74	-0.52
Diluted EPS	2.42	6.63	9.63	4.93	3.28	2.21	0.64	0.65	0.74	-0.52

Mips AB (publ) Income Statement

Profit Margin

0RNQ.L Income Statement (2014 – 2023)

Mips AB (publ)
Income Statement