Raspberry Pi Holdings Plc (RPI.L), a maker of single-board computers and related components, said on Wednesday that it expects to post an annual adjusted EBITDA of at least $36 million.
Eben Upton, CEO of Raspberry Pi, said: "We are proud of the Group's performance in our first year as a PLC, achieving significant milestones, including listing the company on the London Stock Exchange, our inclusion in the FTSE 250 index, and the successful launch of key products, against a backdrop of challenging end-market demand."
Looking ahead, Raspberry Pi expects demand to build gradually through the year, despite a challenging macroeconomic backdrop and market conditions reported by the wider industrial sector. Medium-term fundamentals remain extremely positive, according to the company.
The Group will release its earnings report for the 12-month period to December 31, 2024, on April 2.
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