diff --git a/jax_scalify/__init__.py b/jax_scalify/__init__.py
index 7b54bf3..3c4e892 100644
--- a/jax_scalify/__init__.py
+++ b/jax_scalify/__init__.py
@@ -1,5 +1,5 @@
 # Copyright (c) 2023 Graphcore Ltd. All rights reserved.
-from . import core, lax, ops, tree
+from . import core, lax, ops, tree, utils
 from .core import (  # noqa: F401
     Pow2RoundMode,
     ScaledArray,
diff --git a/jax_scalify/utils/__init__.py b/jax_scalify/utils/__init__.py
new file mode 100644
index 0000000..be4f751
--- /dev/null
+++ b/jax_scalify/utils/__init__.py
@@ -0,0 +1,2 @@
+# Copyright (c) 2024 Graphcore Ltd. All rights reserved.
+from .hlo import parse_hlo_module, print_hlo_module  # noqa: F401
diff --git a/jax_scalify/utils/hlo.py b/jax_scalify/utils/hlo.py
new file mode 100644
index 0000000..9e129da
--- /dev/null
+++ b/jax_scalify/utils/hlo.py
@@ -0,0 +1,107 @@
+# Copyright (c) 2024 Graphcore Ltd. All rights reserved.
+import json
+from dataclasses import dataclass
+from typing import Any, Dict, List
+import textwrap
+
+from jax.stages import Compiled, Lowered
+
+
+@dataclass
+class HloOperationInfo:
+    """HLO module operation (raw) info.
+
+    Parse from raw `as_text` compiled HloModule.
+
+    Args:
+        cmd: Raw HLO operation (function + inputs/outputs).
+        metadata: JAX metadata (line, ...)
+        backend_config: Optional backend config dictionary.
+    """
+
+    cmd: str
+    indent: int = 0
+    metadata: str | None = None
+    backend_config: Dict[Any, Any] | None = None
+
+    def as_text(self, metadata: bool = False, backend_cfg: bool = False, indent: int = 2) -> str:
+        """Convert to raw text, with formatting issues."""
+        indent_txt =  " " * (indent * self.indent)
+        line = indent_txt + self.cmd
+        if backend_cfg and self.backend_config:
+            # A bit hacky text formating of backend config!
+            backend_cfg_raw = json.dumps(self.backend_config, indent=indent)
+            backend_cfg_raw = "backend_cfg: " + backend_cfg_raw
+            backend_cfg_raw = textwrap.indent(backend_cfg_raw, indent_txt + " " * indent)
+            line += "\n" + backend_cfg_raw
+        return line
+
+
+def parse_hlo_operation_raw_line(raw_line: str) -> HloOperationInfo:
+    """Very crude and ugly parsing of an Hlo operation raw line!
+
+    Returns:
+        Parsed Hlo operation line.
+    """
+    metadata: str | None = None
+    backend_cfg = None
+
+    # Parse "metadata={...}" block.
+    metadata_prefix = ", metadata={"
+    lidx = raw_line.find(metadata_prefix)
+    if lidx >= 0:
+        ridx = raw_line[lidx:].find("}") + lidx
+        metadata = raw_line[lidx : ridx + 1]
+        raw_line = raw_line.replace(metadata, "")
+        metadata = metadata[2:]
+
+    # Parse "backend_config={...}" block.
+    backend_cfg_prefix = ", backend_config="
+    lidx = raw_line.find(backend_cfg_prefix)
+    if lidx >= 0:
+        backend_cfg_str = raw_line[lidx + len(backend_cfg_prefix) :]
+        # TODO: deal with exception raised.
+        backend_cfg = json.loads(backend_cfg_str)
+        raw_line = raw_line[:lidx]
+
+    # Clean the raw line.
+    raw_line = raw_line.rstrip()
+    size = len(raw_line)
+    raw_line = raw_line.lstrip()
+    indent = (size - len(raw_line)) // 2
+    return HloOperationInfo(raw_line, indent, metadata, backend_cfg)
+
+
+def parse_hlo_module(module: Lowered | Compiled) -> List[HloOperationInfo]:
+    """Parse an Hlo module, to be human-readable!
+
+    Note: `m.hlo_modules()[0].computations()[0].render_html()`
+        is also generating a nice HTML output!
+
+    Args:
+        module: HLO module or JAX stages compiled instance.
+    Returns:
+        List of HLO operation info.
+    """
+    assert isinstance(module, (Lowered, Compiled))
+    if isinstance(module, Lowered):
+        module = module.compile()
+    module_raw_txt = module.as_text()
+    module_lines = module_raw_txt.split("\n")
+    ops = [parse_hlo_operation_raw_line(line) for line in module_lines]
+    return ops
+
+
+def print_hlo_module(
+    module: Lowered | Compiled, metadata: bool = False, backend_cfg: bool = False, indent: int = 2
+) -> None:
+    """Human-readable Hlo module printing.
+
+    Args:
+        module: AOT Lowered or Compiled JAX module.
+        metadata: Print op metadata as well.
+        backend_cfg: Print op backend config as well.
+    """
+    cmds = parse_hlo_module(module)
+    for c in cmds:
+        print(c.as_text(metadata=metadata, backend_cfg=backend_cfg, indent=indent))
diff --git a/tests/utils/test_hlo.py b/tests/utils/test_hlo.py
new file mode 100644
index 0000000..40518fa
--- /dev/null
+++ b/tests/utils/test_hlo.py
@@ -0,0 +1,23 @@
+# Copyright (c) 2024 Graphcore Ltd. All rights reserved.
+import chex
+import jax
+import jax.numpy as jnp
+
+import jax_scalify as jsa
+
+
+class ScalifyHloUtilsTests(chex.TestCase):
+    def test__hlo_util__parse_hlo_module(self):
+        def matmul_fn(a, b):
+            return jax.lax.dot(a, b.T)
+
+        a = jax.core.ShapedArray((16, 48), jnp.float16)
+        b = jax.core.ShapedArray((32, 48), jnp.float16)
+
+        matmul_lowered = jax.jit(matmul_fn).lower(a, b)
+        matmul_compiled = matmul_lowered.compile()
+
+        ops = jsa.utils.parse_hlo_module(matmul_compiled)
+        assert len(ops) >= 6
+        # TODO: other tests???
+        # jsa.utils.print_hlo_module(matmul_compiled, backend_cfg=True, indent=2)