Raspberry Pi profits drop in first results since IPO

Raspberry Pi not affected by orange tariffs say analysts

Updated: CEO hails 'transformative year' as IPO puts 'puter maker on the big board

Raspberry Pi profits drop in first results since IPO

Low-cost computer maker says pandemic-related inventory problems have since been ‘normalised’

The manufacturer sold 7 million Raspberry Pis in 2024. Each single-platinum computer generated an average profit of $7.40.

Raspberry Pi shares rally despite profit drop in first annual results since IPO

Raspberry Pi shares soared as the tech firm posted its hotly-anticipated annual results – the first since its IPO last year. The FTSE 250 company recorded a 57 per cent fall in pre-tax profit to just $16.3m (£12.6m) in 2024, driven by inventory issues. Despite this, shares rallied as much as 10 per cent in early trading before consolidating around three per cent. The Cambridge-based business’ results were viewed as a vehicle to see the demand fo…

£10,000 invested in Raspberry Pi shares at the beginning of 2025 is now worth…

Raspberry Pi (LSE:RPI) shares are down 23% since the beginning of the year. In other words, £10,000 invested then would be worth just £7,700 today. That’s clearly not a good return, and perhaps a reflection of the fact that the stock was getting a little bit pricey. What’s new? On 2 April, Raspberry Pi reported its first full-year financial results since its IPO on the London Stock Exchange in June 2024. The company posted a 2% decline in revenu…

Raspberry Pi profits tumble after supply shortages

The microcomputer business said pre-tax profits dropped by 57% in 2024, compared with the previous year. Raspberry Pi has revealed its profits tumbled by more-than-half in its first year as a publicly-listed company after it was impacted by supply issues. But the microcomputer business saw shares lift in early trading as profits still surpassed industry forecasts. The Cambridge-based business told shareholders that pre-tax profits dropped by 57%…