Highlights

  • Revenue for the year increased 6.6% to GBP 168.9 million, or 8.8% on an organic constant currency basis, led by growth in content creation.
  • Operating profit rose to GBP 9.4 million, up from GBP 5.7 million in FY24, aided by the absence of a prior-year impairment charge.
  • Net debt fell to GBP 10.8 million from GBP 12.5 million in August 2024, supporting a second interim dividend of 2.1 pence per share.

Focusrite plc (LSE:TUNE), the global music and audio technology company serving professional and amateur musicians as well as the entertainment industry, has released its interim results for the 12 months ended 31 August 2025. The period included growth in content creation products, partially offset by a decline in audio reproduction sales. Following a change in the Company’s financial year end from 31 August to 28 February, the next audited results will cover an 18-month period ending 28 February 2026.

Revenue Growth Driven by Content Creation

Total revenue for the 12-month period reached GBP 168.9 million, up 6.6% compared with GBP 158.5 million in FY24, or 8.8% on an organic constant currency (OCC) basis. Growth was primarily driven by the Content Creation segment, which delivered GBP 123.0 million, a rise of 11.0% (14.0% OCC), supported by successful new product launches across Focusrite’s key brands.

In contrast, Audio Reproduction revenue declined by 3.8% (3.2% OCC) to GBP 45.9 million (FY24: GBP 47.7 million). The prior year included demand in the Asia-Pacific region following post-COVID market surges, making comparisons more challenging. Despite the decline, the segment has returned to more typical trading levels.

Operating Profit and Margins

Gross margin remained stable at 44.4% (FY24: 44.5%), with pricing measures in the US offsetting tariff impacts. Adjusted EBITDA was reported at GBP 24.7 million, slightly lower than GBP 25.2 million in FY24, as higher sales were balanced by normalized variable remuneration and inflationary pressures.

Operating profit increased to GBP 9.4 million from GBP 5.7 million in FY24, reflecting the non-recurrence of a GBP 5.3 million impairment charge in the prior year.

Financial Position and Dividend

Focusrite reduced net debt to GBP 10.8 million, down from GBP 12.5 million in August 2024 and GBP 17.5 million in February 2025.

The company announced a second interim dividend of 2.1 pence per share, in line with its long-term outlook and capital allocation strategy.

TUNE shares were trading at GBX 224.65 per share at the time of writing on 4 November 2025.