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Raspberry PI Holdings plc ( (GB:RPI) ) has provided an update.
Raspberry Pi Holdings plc, recognized for its low-cost, high-performance computing, reported a successful trading year ending December 2024, marked by new design partnerships and product launches. The sales of Single-Board Computers and Compute Modules reached 7 million units, with a strong gross profit from accessories and microcontrollers contributing to an expected adjusted EBITDA of at least $36 million. The company’s strategic initiatives, including a partnership with SECO and successful product introductions like Pico 2 and Compute Module 5, underline its progress in the direct-to-OEM strategy and market confidence for 2025, despite macroeconomic challenges.
More about Raspberry PI Holdings plc
Headquartered in Cambridge, UK, Raspberry Pi Holdings plc is a leading provider of high-performance, low-cost computing platforms, catering to enthusiasts and engineers worldwide. As a full-stack engineering organization, it encompasses semiconductor IP development, electronic product design, and software engineering, with products suited for Industrial and Embedded markets, Enthusiast and Education sectors, and Semiconductors, having sold over 60 million units.
YTD Price Performance: 12.56%
Average Trading Volume: 756,841
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.29B
For an in-depth examination of RPI stock, go to TipRanks’ Stock Analysis page.
