Raspberry Pi Holdings plc (RPI) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.965 Good morning and welcome to our final results of our inaugural 00:00:05.965 -- 00:00:10.991 final results briefing for 2024. Let's 00:00:11.156 -- 00:00:17.378 see, who are we? I'm Eben, as I guess I hope... 00:00:17.378 -- 00:00:20.105 Many of you know I'm a silicon engineer by background. 00:00:20.105 -- 00:00:23.855 I've been running Raspberry Pi, founded the Raspberry Pi Foundation back in 2008, and 00:00:23.855 -- 00:00:28.748 I've been running what was then Raspberry Pi Limited since we spun it out of the foundation 00:00:28.748 -- 00:00:33.865 at the tail end of 2012. I'm joined by my colleague, CFO Richard Bolt. 00:00:33.865 -- 00:00:39.529 A very brief recap of who Raspberry Pi, who we are, who's Raspberry Pi. 00:00:39.611 -- 00:00:43.735 We build compute platforms, by which we mean hardware, the software that runs on them, 00:00:43.735 -- 00:00:47.579 the low-level software that runs on them, and the supporting collateral that helps our 00:00:47.579 -- 00:00:52.965 users design with them. We sell into two markets, enthusiast and education, 00:00:52.965 -- 00:00:56.148 which I guess was the original Raspberry Pi market and now into industrial and embedded, 00:00:56.148 -- 00:00:59.532 which over the last few years has come to be the vast majority of our business. 00:00:59.532 -- 00:01:02.275 We design and build our products in the UK. 00:01:02.275 -- 00:01:07.219 The vast majority of our R&D activity takes place in Cambridge and we manufacture the 00:01:07.219 -- 00:01:12.884 vast majority of our products with Sony in Bridgend in South Wales. 00:01:12.884 -- 00:01:17.989 We sold a little over 65 million Raspberry Pi computers since 00:01:17.989 -- 00:01:21.853 selling the first on the 29th of February 2012. 00:01:21.853 --...