Days after we reported that its $630 million IPO (Initial Public Offer) was just days away, Raspberry Pi has announced an "expected intention to float" on the London Stock Exchange (LSE). The announcement also contains financial reports and data for investors to inform their purchase, and gives us an insight into the company.
The announcement starts by highlighting the key facts of its history and partnerships. We learn that the low-cost, high-performance single board computer developer has sold over 60 million units since 2012 — of which 7.4 million units were sold in 2023. As for partnerships, the announcement explicitly refers to Arm and Sony, both of which have been long term partners of the Raspberry Pi.
