I find MIPS an interesting company, having a patented technology, that is added to helmets. The three segments, Sports, Moto, and Safety, are all growing with at least 81% YoY growth. This is also a very high-margin business, with an EBIT margin of 60%. The valuation is very steep, but so far they are delivering and the Q3 results are amazing. It will really be interesting to see if they can get their foot in the door for safety helmets, especially those helmets are replaced frequently.

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