Cash flow Raspberry Pi Holdings plc

Equities

RPI

GB00BS3DYQ52

Integrated Hardware & Software

Market Closed - London S.E. Other stock markets 16:35:27 13/02/2026 GMT			5-day change	1st Jan Change
283.60 ^GBX	+4.26%		+4.65%	-5.53%

01-23	UK Stocks-Factors to watch on January 23	RE
01-23	Surging memory chip prices dim outlook for consumer electronics makers	RE

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Published financial data: RASPBERRY PI HOLDINGS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Revenues	71.66M	141M	188M	266M	260M
Total Revenues	71.66M	141M	188M	266M	260M
Cost of Goods Sold, Total	48.58M	98.67M	146M	200M	196M
Gross Profit	23.08M	41.92M	42.28M	65.96M	63.2M
Selling General & Admin Expenses, Total	12.3M	10.32M	10.33M	17.63M	24.7M
R&D Expenses	-	7.12M	7.09M	10.58M	17.9M
Depreciation & Amortization - (IS)	-	3.81M	5.15M	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-55.01K	-37K	-490K	-	-
Other Operating Expenses, Total	12.25M	21.22M	22.08M	28.21M	42.6M
Operating Income	10.83M	20.7M	20.2M	37.74M	20.6M
Interest Expense, Total	-33.31K	-315K	-220K	-484K	-1.2M
Interest And Investment Income	3.28K	-	49K	1.44M	1.1M
Net Interest Expenses	-30.03K	-315K	-171K	959K	-100K
Currency Exchange Gains (Loss)	-	-	-	-486K	-
Other Non Operating Income (Expenses)	-	-	-	-	-1.2M
EBT, Excl. Unusual Items	10.8M	20.39M	20.03M	38.22M	19.3M
Impairment of Goodwill	-120K	-	-	-	-
Asset Writedown	-	-	-	-	-100K
Other Unusual Items	-	-1.93M	-	-21K	-2.9M
EBT, Incl. Unusual Items	10.68M	18.46M	20.03M	38.2M	16.3M
Income Tax Expense	-	3.62M	3.02M	6.62M	4.6M
Earnings From Continuing Operations	10.68M	14.84M	17.01M	31.57M	11.7M
Net Income to Company	10.68M	14.84M	17.01M	31.57M	11.7M
Net Income - (IS)	10.68M	14.84M	17.01M	31.57M	11.7M
Net Income to Common Incl Extra Items	10.68M	14.84M	17.01M	31.57M	11.7M
Net Income to Common Excl. Extra Items	10.68M	14.84M	17.01M	31.57M	11.7M
Per Share Items
Net EPS - Basic	16.33	2.88	3.09	5.68	0.06
Basic EPS - Continuing Operations	16.33	2.88	3.09	5.68	0.06
Basic Weighted Average Shares Outstanding	654K	5.16M	5.5M	5.56M	181M
Net EPS - Diluted	16.33	2.62	2.82	5.16	0.06
Diluted EPS - Continuing Operations	16.33	2.62	2.82	5.16	0.06
Diluted Weighted Average Shares Outstanding	654K	5.68M	6.03M	6.11M	189M
Normalized Basic EPS	10.32	2.47	2.28	4.29	0.07
Normalized Diluted EPS	10.32	2.24	2.07	3.91	0.06
Payout Ratio	-	27.24	29.66	-	-
Supplemental Items
EBITDA	11.46M	22.19M	22.66M	40.4M	29.7M
EBITA	10.83M	20.78M	20.68M	38.12M	26.9M
EBIT	10.83M	20.7M	20.2M	37.74M	20.6M
EBITDAR	11.75M	-	-	-	-
Effective Tax Rate - (Ratio)	-	19.62	15.08	17.34	28.22
Current Domestic Taxes	-	390K	1.56M	4.05M	-
Total Current Taxes	-	390K	1.56M	4.05M	3.4M
Deferred Domestic Taxes	-	3.23M	1.46M	2.57M	-
Total Deferred Taxes	-	3.23M	1.46M	2.57M	1.2M
Normalized Net Income	6.75M	12.74M	12.52M	23.89M	12.06M
Interest on Long-Term Debt	-	81K	63K	153K	2.4M
Supplemental Operating Expense Items
Marketing Expenses	-	176K	448K	481K	-
General and Administrative Expenses	12.3M	10.32M	10.33M	17.63M	24.7M
Research And Development Expense From Footnotes	3.11M	7.12M	9.48M	10.58M	17.9M
Net Rental Expense, Total	291K	-	-	-	-
Stock-Based Comp., R&D Exp. (Total)	-	-	-	-	2.3M
Stock-Based Comp., G&A Exp. (Total)	-	1.2M	-411K	-	2.4M
Stock-Based Comp., Other (Total)	400K	-	-	27K	1.3M
Total Stock-Based Compensation	400K	1.2M	-411K	27K	6M

Fiscal Period: December	2020	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Assets
Cash And Equivalents	772K	34.43M	32.84M	42.21M	45.8M
Total Cash And Short Term Investments	772K	34.43M	32.84M	42.21M	45.8M
Accounts Receivable, Total	6.98M	15.09M	21.15M	30.23M	31M
Other Receivables	3.59M	1.04M	1.78M	9.16M	8.2M
Total Receivables	10.57M	16.13M	22.93M	39.4M	39.2M
Inventory	11.31M	40.58M	47.89M	108M	157M
Prepaid Expenses	-	4.59M	3.03M	2.56M	3.6M
Total Current Assets	22.65M	95.72M	107M	192M	245M
Gross Property Plant And Equipment	3.52M	8.99M	10.84M	19.69M	21.3M
Accumulated Depreciation	-1.81M	-3.76M	-5.73M	-7.9M	-10.7M
Net Property Plant And Equipment	1.71M	5.24M	5.11M	11.8M	10.6M
Goodwill	105K	-	-	-	-
Other Intangibles, Total	4.87M	25.81M	35.54M	58.63M	73.2M
Deferred Tax Assets Long-Term	-	-	-	-	300K
Other Long-Term Assets, Total	-	-	-	2.7M	2M
Total Assets	29.33M	127M	147M	265M	331M
Liabilities
Accounts Payable, Total	7.79M	15.18M	18M	62.35M	83.1M
Accrued Expenses, Total	1.48M	4.09M	3.58M	6.01M	7.1M
Current Portion of Leases	-	165K	263K	1.25M	1.4M
Current Income Taxes Payable	878K	390K	762K	-	1M
Unearned Revenue Current, Total	-	535K	1.36M	932K	500K
Other Current Liabilities	30.8K	2.74M	3.55M	12.34M	5.1M
Total Current Liabilities	10.18M	23.1M	27.52M	82.89M	98.2M
Long-Term Leases	-	1.95M	1.36M	5.83M	4.8M
Unearned Revenue Non Current	-	-	700K	2.16M	4.7M
Deferred Tax Liability Non Current	-	6.21M	7.67M	10.24M	10.1M
Other Non Current Liabilities	-	-	3M	5.02M	3.2M
Total Liabilities	10.18M	31.26M	40.25M	106M	121M
Common Stock, Total	1	-	-	-	800K
Additional Paid In Capital	13.08K	44.91M	44.93M	65.4M	32.4M
Retained Earnings	18.74M	48.88M	60.84M	92.49M	396M
Comprehensive Income and Other	400K	1.72M	1.31M	1.33M	-219M
Total Common Equity	19.16M	95.51M	107M	159M	210M
Total Equity	19.16M	95.51M	107M	159M	210M
Total Liabilities And Equity	29.33M	127M	147M	265M	331M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	654K	6.33M	6.29M	6.56M	193M
ECS Total Common Shares Outstanding	654K	6.33M	6.29M	6.56M	193M
Book Value / Share	29.29	15.1	17.02	24.28	1.09
Tangible Book Value	14.19M	69.7M	71.54M	101M	137M
Tangible Book Value Per Share	21.69	11.02	11.37	15.34	0.71
Total Debt	0	2.12M	1.62M	7.08M	6.2M
Net Debt	-772K	-32.31M	-31.22M	-35.13M	-39.6M
Debt Equivalent Oper. Leases	2.32M	-	-	-	-
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	-	25.68M	36.46M	67.31M	92.9M
Inventories - Finished Goods, Total	-	14.89M	11.43M	40.75M	63.8M
Machinery, Total	3.19M	6.89M	9.03M	11.22M	13M
Full Time Employees	73	84	94	103	132
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	61K	-

Fiscal Period: December	2020	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Net Income	10.68M	14.84M	17.01M	31.57M	11.7M
Depreciation & Amortization - CF	626K	1.7M	2.27M	3.12M	4.4M
Amortization of Goodwill and Intangible Assets - (CF)	-	81K	484K	378K	6.3M
Depreciation & Amortization, Total	626K	1.78M	2.75M	3.5M	10.7M
Amortization of Deferred Charges, Total - (CF)	-	2.03M	2.4M	2.64M	-
(Gain) Loss From Sale Of Asset	-	-	-	237K	-
Asset Writedown & Restructuring Costs	120K	-	-	-	-
Stock-Based Compensation (CF)	400K	1.2M	-411K	27K	6M
Other Operating Activities, Total	237K	3.88M	2.19M	581K	2.7M
Change In Accounts Receivable	-4.94M	-6.46M	-5.23M	-13.73M	3.5M
Change In Inventories	-5.8M	-21.66M	-7.31M	-60.17M	-51.1M
Change In Accounts Payable	2.91M	4.9M	2.95M	54.08M	13M
Change in Other Net Operating Assets	-	-	-	-2.25M	300K
Cash from Operations	4.23M	510K	14.34M	16.48M	-3.2M
Capital Expenditure	-1.39M	-2.8M	-2.14M	-3.88M	-2.2M
Sale (Purchase) of Intangible assets	-4.99M	-4.58M	-8.61M	-19.22M	-20.9M
Other Investing Activities, Total	-3M	-	-	-	-
Cash from Investing	-9.38M	-7.38M	-10.74M	-23.1M	-23.1M
Long-Term Debt Issued, Total	-	15.19M	-	-	-
Total Debt Issued	-	15.19M	-	-	-
Long-Term Debt Repaid, Total	-	-15.48M	-302K	-250K	-2.2M
Total Debt Repaid	-	-15.48M	-302K	-250K	-2.2M
Issuance of Common Stock	13.08K	44.89M	19K	15.13M	40.8M
Common Dividends Paid	-	-4.04M	-5.04M	-	-
Common & Preferred Stock Dividends Paid	-	-4.04M	-5.04M	-	-
Other Financing Activities, Total	-	-315K	-171K	959K	-8.8M
Cash from Financing	13.08K	40.25M	-5.5M	15.84M	29.8M
Foreign Exchange Rate Adjustments	-237K	-5K	319K	140K	100K
Net Change in Cash	-5.38M	33.37M	-1.59M	9.36M	3.6M
Supplemental Items
Cash Interest Paid	-	315K	220K	484K	1.2M
Cash Income Tax Paid (Refund)	-	-	-	4.74M	4.2M
Levered Free Cash Flow	-6.44M	-12.46M	-1.74M	-15.37M	-28.58M
Unlevered Free Cash Flow	-6.42M	-12.26M	-1.61M	-15.07M	-27.82M
Change In Net Working Capital	7.83M	22.83M	8.22M	21.72M	34.3M
Net Debt Issued / Repaid	-	-289K	-302K	-250K	-2.2M

Fiscal Period: December	2020	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)
Profitability
Return on Assets	28.4	13.74	9.21	11.43	4.32
Return on Total Capital	44.79	18.67	12.24	17.15	6.72
Return On Equity %	70.67	22.12	16.79	23.71	6.33
Return on Common Equity	70.67	22.12	16.79	23.71	6.33
Margin Analysis
Gross Profit Margin %	32.2	29.82	22.51	24.81	24.35
SG&A Margin	17.17	7.34	5.5	6.63	9.52
EBITDA Margin %	15.99	15.78	12.06	15.2	11.44
EBITA Margin %	15.11	14.78	11.01	14.34	10.37
EBIT Margin %	15.11	14.73	10.75	14.2	7.94
Income From Continuing Operations Margin %	14.9	10.55	9.05	11.88	4.51
Net Income Margin %	14.9	10.55	9.05	11.88	4.51
Net Avail. For Common Margin %	14.9	10.55	9.05	11.88	4.51
Normalized Net Income Margin	9.42	9.06	6.66	8.99	4.65
Levered Free Cash Flow Margin	-8.99	-8.86	-0.93	-5.78	-11.01
Unlevered Free Cash Flow Margin	-8.96	-8.72	-0.86	-5.67	-10.72
Asset Turnover
Asset Turnover	3.01	1.49	1.37	1.29	0.87
Fixed Assets Turnover	54.1	30.32	36.32	31.45	23.17
Receivables Turnover (Average Receivables)	13.06	11.42	10.37	10.35	8.48
Inventory Turnover (Average Inventory)	5.78	3.32	3.29	2.56	1.48
Short Term Liquidity
Current Ratio	2.23	4.14	3.88	2.32	2.5
Quick Ratio	1.11	2.19	2.03	0.98	0.87
Operating Cash Flow to Current Liabilities	0.42	0.02	0.52	0.2	-0.03
Days Sales Outstanding (Average Receivables)	28.03	31.96	35.2	35.28	43.16
Days Outstanding Inventory (Average Inventory)	63.37	110.04	110.9	142.41	246.86
Average Days Payable Outstanding	43.14	39.16	39.61	56.4	108.72
Cash Conversion Cycle (Average Days)	48.26	102.83	106.5	121.29	181.29
Long Term Solvency
Total Debt/Equity	-	2.22	1.51	4.45	2.95
Total Debt / Total Capital	-	2.17	1.49	4.26	2.86
LT Debt/Equity	-	2.04	1.27	3.66	2.28
Long-Term Debt / Total Capital	-	2	1.25	3.5	2.22
Total Liabilities / Total Assets	34.7	24.66	27.32	40	36.51
EBIT / Interest Expense	325.14	65.72	91.82	77.98	17.17
EBITDA / Interest Expense	343.94	71.36	104.33	85.21	26.08
(EBITDA - Capex) / Interest Expense	302.07	62.49	94.61	77.2	24.25
Total Debt / EBITDA	-	0.09	0.07	0.17	0.2
Net Debt / EBITDA	-0.07	-1.44	-1.36	-0.85	-1.27
Total Debt / (EBITDA - Capex)	-	0.11	0.08	0.19	0.21
Net Debt / (EBITDA - Capex)	-0.08	-1.64	-1.5	-0.94	-1.36
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	80.91	40.7	33.62	41.49	-2.37
Gross Profit, 1 Yr. Growth %	41.49	37.84	0.87	56	-4.24
EBITDA, 1 Yr. Growth %	101.55	14.01	11.58	69.7	-31.25
EBITA, 1 Yr. Growth %	106.55	11.87	9.4	74.62	-34.23
EBIT, 1 Yr. Growth %	106.55	12.16	7.6	76.8	-45.65
Earnings From Cont. Operations, 1 Yr. Growth %	106.94	-13.72	14.64	84.99	-62.97
Net Income, 1 Yr. Growth %	106.94	-13.72	14.64	84.99	-62.97
Normalized Net Income, 1 Yr. Growth %	105.86	11.19	8.51	72.14	-49.87
Diluted EPS Before Extra, 1 Yr. Growth %	-	-23.82	7.63	82.98	-65.07
Accounts Receivable, 1 Yr. Growth %	74.58	58.25	40.16	42.96	2.65
Inventory, 1 Yr. Growth %	105.27	114.51	18.02	125.64	44.96
Net Property, Plant and Equip., 1 Yr. Growth %	81.72	29.78	-2.48	130.95	-10.17
Total Assets, 1 Yr. Growth %	60.01	105.8	16.22	80.02	24.92
Tangible Book Value, 1 Yr. Growth %	29.39	356.23	2.64	40.44	36.38
Common Equity, 1 Yr. Growth %	73.13	147.34	12.12	48.59	32.16
Cash From Operations, 1 Yr. Growth %	-53.93	-95.36	2.71K	14.97	-115.17
Capital Expenditures, 1 Yr. Growth %	87.4	55.16	-23.5	81.25	-43.59
Levered Free Cash Flow, 1 Yr. Growth %	-207.27	26.28	-87.23	1.32K	84.92
Unlevered Free Cash Flow, 1 Yr. Growth %	-206.93	25.29	-88.07	1.49K	86.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	60.08	61.9	37.12	37.5	17.53
Gross Profit, 2 Yr. CAGR %	20.19	37.77	17.91	25.44	22.26
EBITDA, 2 Yr. CAGR %	22.7	69.79	7.91	34.11	11.69
EBITA, 2 Yr. CAGR %	21.32	71.1	5.52	34.54	11
EBIT, 2 Yr. CAGR %	21.44	70.77	4.62	34.29	-1.77
Earnings From Cont. Operations, 2 Yr. CAGR %	20.59	45.71	-0.55	45.81	-17.2
Net Income, 2 Yr. CAGR %	20.59	45.71	-0.55	45.81	-17.2
Normalized Net Income, 2 Yr. CAGR %	21.27	69.41	4.52	36.99	-6.76
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-9.45	40.34	-85.17
Accounts Receivable, 2 Yr. CAGR %	38.46	66.96	48.94	41.56	21.07
Inventory, 2 Yr. CAGR %	31.93	133.18	59.11	63.19	80.89
Net Property, Plant and Equip., 2 Yr. CAGR %	63.81	102.84	12.5	50.07	44.05
Total Assets, 2 Yr. CAGR %	45.77	125.98	54.65	44.67	49.94
Tangible Book Value, 2 Yr. CAGR %	19.68	116.68	116.4	20.11	38.41
Common Equity, 2 Yr. CAGR %	39.07	152.48	66.53	29.1	40.13
Cash From Operations, 2 Yr. CAGR %	-19.17	-79.74	14.21	468.54	-52.76
Capital Expenditures, 2 Yr. CAGR %	79.46	66.58	8.95	17.76	1.42
Levered Free Cash Flow, 2 Yr. CAGR %	34.93	23.75	-57.95	11.65	412.95
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.71	22.76	-59.47	11.44	441.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	41.16	54.85	57.89	38.56	22.67
Gross Profit, 3 Yr. CAGR %	11.22	24.67	29.1	29.44	14.67
EBITDA, 3 Yr. CAGR %	-	29.14	49.02	27.57	9.75
EBITA, 3 Yr. CAGR %	3.71	27.78	48.49	27.08	8.5
EBIT, 3 Yr. CAGR %	3.71	27.69	47.32	26.93	-0.53
Earnings From Cont. Operations, 3 Yr. CAGR %	3.22	14.27	39.85	22.45	-7.64
Net Income, 3 Yr. CAGR %	3.22	14.27	39.85	22.45	-7.64
Normalized Net Income, 3 Yr. CAGR %	3.61	27.04	46.88	27.74	-1.77
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	14.48	-71.29
Accounts Receivable, 3 Yr. CAGR %	13.4	45.2	63.75	46.92	27.13
Inventory, 3 Yr. CAGR %	40.19	66.44	93.2	78.76	56.89
Net Property, Plant and Equip., 3 Yr. CAGR %	55.4	82.47	65.2	42.98	26.49
Total Assets, 3 Yr. CAGR %	41.13	89.28	88.24	62.71	37.75
Tangible Book Value, 3 Yr. CAGR %	23.41	73.22	75.61	87.42	25.32
Common Equity, 3 Yr. CAGR %	36.33	92.39	100.27	60.36	30.11
Cash From Operations, 3 Yr. CAGR %	-	-61.25	9.04	14.46	84.44
Capital Expenditures, 3 Yr. CAGR %	-	68.32	33.62	29.1	-7.68
Levered Free Cash Flow, 3 Yr. CAGR %	-	37.48	-37.77	15.93	32.34
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	36.76	-39.45	15.48	31.88
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	55.21	44.85	43.67	49.48	39.24
Gross Profit, 5 Yr. CAGR %	28.82	18.76	15.91	26.52	25.35
EBITDA, 5 Yr. CAGR %	-	-	-	33.05	33.08
EBITA, 5 Yr. CAGR %	24.28	11.47	12.07	32.4	32.59
EBIT, 5 Yr. CAGR %	24.28	11.38	11.54	32.18	25.7
Earnings From Cont. Operations, 5 Yr. CAGR %	23.92	4.2	7.77	27.54	12.61
Net Income, 5 Yr. CAGR %	23.92	4.2	7.77	27.54	12.61
Normalized Net Income, 5 Yr. CAGR %	24.2	11.04	11.35	32.51	24.06
Accounts Receivable, 5 Yr. CAGR %	38.38	42.51	29.68	45.5	44.01
Inventory, 5 Yr. CAGR %	78.57	61.94	57.46	67.16	86.75
Net Property, Plant and Equip., 5 Yr. CAGR %	41.99	66.45	56.25	70.82	55.2
Total Assets, 5 Yr. CAGR %	50.97	67.59	63.59	72.08	70.57
Tangible Book Value, 5 Yr. CAGR %	42.28	57.47	51.07	51.47	58.48
Common Equity, 5 Yr. CAGR %	51.1	67.49	63.7	66.04	72.31
Cash From Operations, 5 Yr. CAGR %	-	-	-	14.86	-22.56
Capital Expenditures, 5 Yr. CAGR %	-	-	-	47.7	18.75
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	27.8	30.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	27.29	29.91