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Evening Standard
Evening Standard
Business
Jonathan Prynn

Stock market debutante Raspberry Pi said it was "more profitable than expected" in first half

Affordable computer maker Raspberry Pi said it was “more profitable than expected” in the first half of the year when it became one of the few high profile new listings on the London Stock Exchange in 2024.

The Cambridge based firm, which raised £178.9 million through its IPO in June and was added to the FTSE 250 on Monday this week, said it made gross profit of $34.2 million (£25.6 million) up 47% in the six months to end June.

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