SHARE

Profits down more than half in Raspberry Pi’s first results after IPO

The computer maker reported a 57% drop in pre-tax profit to $16.3m for the year ending 24 December 2024. This decline was primarily due to inventory shortages of single-board computers and compute models. The company expects steady demand growth in 2025.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.