The Swedish helmet technology company’s Q4 net income was up more than threefold to SEK 53 million ($4.9 mm) from SEK 16 million on 58% (+52% CC) higher revenues of SEK 144 ($13.4 mm) from SEK 91 million. The Sports and Motorcycle segments were the main drivers as inventory levels at its customers normalized, and Mips hopes to benefit from increased penetration by equipping more models from additional helmet brands. North America, the largest market for Mips’ IP, saw sales improve 22% to SEK 67 million ($6.2 mm), while Europe ... Log in to view full article.