2017 - The Pi's best year yet

[hippy]

It's that time of year when we get to see how well the Raspberry Pi group has been performing financially and it seems 2017 was the best year yet.

Not that anyone couldn't figure that out for themselves, but the numbers are impressive.

RPT : https://beta.companieshouse.gov.uk/company/08207441
RPF : https://beta.companieshouse.gov.uk/company/06758215

Back in 2013 Raspberry Pi Trading (RPT) turned a gross profit of £4.4m with £2m being gift aided to the Foundation (RPF).

In 2014 gross profit rose slightly to £4.6m saw £1.6m gift aided.

By 2015 gross profit had increased to £6.5m and the gift aid more than doubled to £3.5m.

In 2016 gross profit doubled to £13m while the gift aid payment almost doubled again to £6m.

In 2017 turnover increased to £25.5m, gross profit climbed to £16.8m, with an increased gift aid transfer of £7.5m.

Royalty revenues increased from £12.6m to £16.3m in 2017 while revenues from sales of product leapt from £3m to £8.3m - thanks to over half a million Zero W's, near 6 million units sold in total, including near 5 million Pi 3B's.

Turnover by country of destination shows how the Pi's reach is extending: UK £19.5m (76%), USA £3.7m (15%), Europe £1.3m (5%), rest of world £866k (3%).

That shows significant expansion inside and outside the UK over 2016: UK £14.9m (91%), USA £1.1m (7%), Europe £126k (1%), rest of world £103k (1%).

That's all very impressive. What started as a mere idea and desire has grown into an impressive commercial success employing 116 people within the group at the end of 2017.

But best of all; the Foundation is holding total funds of £23m to pursue its good work. If that's not a measure of success I don't know what would be.

So, as always, well done to everyone involved and hopefully 2018 will be an even better year.

[MaxTheSpy]

heck yeah. I have purchased 3 PI's so far and am planning an several more for multiple projects.

[jamesh]

Thanks for the summary Hippy, nicely done.

Wait till the Pi4 hits the market*....I suspect that will make a few quid!

And we have a load of other stuff getting ready to go, so the next year should be pretty good as well.

* Not for another year.

[mikerr]

Also check out the Raspberry Pi Annual Review, for similar stats and more in an easy to digest magazine format:

http://www.oliverquinlan.com/blog/2018/ ... view-2017/

or direct link to PDF: https://static.raspberrypi.org/files/ab ... ew2017.pdf

[W. H. Heydt]

And we have a load of other stuff getting ready to go, so the next year should be pretty good as well.

One can only hope, but I won't specify what things I'm hoping for in this thread.

[hippy]

Also check out the Raspberry Pi Annual Review, for similar stats and more in an easy to digest magazine format

You're right. A picture is worth a thousand words or in this case a simple table. All figures in GBP millions, rounded to nearest 100K.

Code: Select all

       .---------------------------------.-------------------------.
       |   Raspberry Pi (Trading) Ltd    | Raspberry Pi Foundation |
       |---------------------------------|-------------------------|
       |          Gross         Gift Aid |  Total   Total    EOY   |
       | Turnover Profit Profit  to RPF  |  Income  Expend  Funds  |
.------|---------------------------------|-------------------------|
| 2012 |                                 |    1.2     0.4    0.7   |
| 2013 |   5.7      4.4    0.7     2.0   |    6.0     3.8    2.9   |
| 2014 |   5.4      4.6    1.5     1.6   |    5.9     4.2    4.6   |
| 2015 |   8.0      6.5    3.7     3.5   |    9.1     6.3    7.2   |
| 2016 |  16.3     13.1    8.9     6.0   |   17.6    10.5   15.0   |
| 2017 |  25.5     16.8    9.1     7.5   |   28.2    20.7   23.0   |
`------|---------------------------------|-------------------------|
       |  60.9     45.4   23.9    20.6   |   68.0    45.9   23.0   |
       `---------------------------------^-------------------------'

[HawaiianPi]

Wow!

When Eben looks at these number does he still get overwhelmed, or has he gotten used to the massive success his project has become? I seem to recall that, back in the early days, he thought something like 10,000 Pi computers sold would be a success.

Congrats and thank you to everyone at RPF/RPT and the helpful folks on these forums.

[jamesh]

Wow!

When Eben looks at these number does he still get overwhelmed, or has he gotten used to the massive success his project has become? I seem to recall that, back in the early days, he thought something like 10,000 Pi computers sold would be a success.

Congrats and thank you to everyone at RPF/RPT and the helpful folks on these forums.

Dunno, I'll ask him. Maybe, when he's not expecting it!