The company reported a gross profit of $34.2mn in the first six months of 2024, higher than internal forecasts and a 47 per cent increase on the same period in 2023. Revenue for the period was $144mn, up from $89.3mn last year. It kept its full-year outlook unchanged.

Cambridge based firm raised £178.9 million through its London flotation in June, one of only a handful in the first half of the year

Unit sales of the diminutive computers leaped to 3.66 million compared to 2.799 million in the same period last year. A chunk of the 31 percent increase was down to the 1.1 million unit sales of the Raspberry Pi 5 and growth in Compute Module sales. Raspberry Pi 4 unit sales declined, as did those of "legacy" boards.

Raspberry Pi profits higher than expected after stock market float - The tech firm told shareholders that revenues jumped by 61% to 144 million US dollars (£107.9 million) over the six months to June.

The budget computer maker, which went public on the London markets in June, revealed its adjusted earnings before nasties jumped by 55 per cent to $20.9million in the six months ending June.