Raspberry Pi Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	251	259.5	265.8	187.86	140.59	99.92
Revenue Growth (YoY)	-21.68%	-2.37%	41.49%	33.63%	40.70%	90.48%
Cost of Revenue	188.8	196.3	199.8	145.58	98.67	69.51
Gross Profit	62.2	63.2	66	42.28	41.92	30.41
Selling, General & Admin	26	24.7	17.5	11.68	9.86	5.91
Research & Development	21.1	17.9	10.6	9.25	11.12	3.84
Other Operating Expenses	-	-	-	-	-	-0.03
Operating Expenses	47.1	42.6	28.1	20.93	20.99	11.95
Operating Income	15.1	20.6	37.9	21.35	20.93	18.46
Interest Expense	-1.1	-1.2	-0.8	-0.22	-0.32	-0.13
Interest & Investment Income	1.2	1.1	1.4	0.05	-	0
Currency Exchange Gain (Loss)	-0.5	-	-	1.02	-0.25	-
Other Non Operating Income (Expenses)	-2.1	-1.2	-	-	-	-
EBT Excluding Unusual Items	12.6	19.3	38.5	22.2	20.37	18.34
Asset Writedown	-0.1	-0.1	-0.3	-	-	-
Other Unusual Items	-0.8	-2.9	-	-2.11	-1.89	-
Pretax Income	11.7	16.3	38.2	20.09	18.47	18.34
Income Tax Expense	2.2	4.6	6.6	3.02	3.62	1.14
Net Income	9.5	11.7	31.6	17.07	14.85	17.2
Net Income to Common	9.5	11.7	31.6	17.07	14.85	17.2
Net Income Growth	-69.06%	-62.98%	85.15%	14.92%	-13.63%	151.60%
Shares Outstanding (Basic)	193	181	162	5	5	5
Shares Outstanding (Diluted)	200	189	178	6	6	5
Shares Change (YoY)	18.41%	6.00%	2850.32%	6.30%	13.53%	-
EPS (Basic)	0.05	0.06	0.20	3.11	2.88	3.44
EPS (Diluted)	0.05	0.06	0.18	2.82	2.62	3.44
EPS Growth	-73.89%	-65.07%	-93.71%	7.63%	-23.82%	-
Free Cash Flow	16.1	-5.4	17.2	12.2	-2.29	9.19
Free Cash Flow Per Share	0.08	-0.03	0.10	2.02	-0.40	1.84
Gross Margin	24.78%	24.36%	24.83%	22.51%	29.82%	30.43%
Operating Margin	6.02%	7.94%	14.26%	11.36%	14.89%	18.47%
Profit Margin	3.79%	4.51%	11.89%	9.09%	10.56%	17.21%
Free Cash Flow Margin	6.41%	-2.08%	6.47%	6.49%	-1.63%	9.20%
EBITDA	25.3	29.7	43.2	23.81	22.47	19.46
EBITDA Margin	10.08%	11.45%	16.25%	12.67%	15.98%	19.48%
D&A For EBITDA	10.2	9.1	5.3	2.46	1.54	1
EBIT	15.1	20.6	37.9	21.35	20.93	18.46
EBIT Margin	6.02%	7.94%	14.26%	11.36%	14.89%	18.47%
Effective Tax Rate	18.80%	28.22%	17.28%	15.04%	19.61%	6.22%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.