Focusrite plc
FOCIF
Other OTC3.16
USD
+0.90
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Focusrite plc
FOCIF
(Other OTC)
Recent
price
3.16
P/E
ratio
- -
div
yld
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ROIC.AI
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- Focusrite plc Focusrite plc develops, manufactures and markets proprietary hardware and software products for music creation, recording, production and live sound reproduction worldwide. The company operates through two primary divisions, Content Creation and Audio Reproduction, serving casual content creators, serious music producers, audio professionals, live sound rental companies, installers and commercial venues across approximately 240 territories with revenue diversified as 38% North America, 43% EMEA and 19% rest of world. Focusrite plc , founded in 1985 and headquartered in High Wycombe, Buckinghamshire, United Kingdom, trades on the AIM market of the London Stock Exchange and employs 565 people globally with offices in the UK, US, Germany, Hong Kong, Australia, Japan and Latin America. In the Content Creation division, the company offers audio interfaces, microphone preamps, consoles, analogue equalizers, channel strips and digital audio processing hardware and software under the Focusrite and Focusrite Pro brands; precision studio monitor speakers featuring ART ribbon tweeters under ADAM Audio; synthesizers including the Prophet series under Sequential and no-compromise analogue synthesizers under Oberheim; intuitive keyboard and pad controllers, grooveboxes and electronic music software under Novation and Ampify Music; and innovative audio processing software for music production, live sound, broadcast, TV, film and scientific applications under Sonnox. The Audio Reproduction division provides point source speakers for throws under 15m, constant curvature arrays for 15-30m throws, line arrays for over 30m throws, digital signal processors, amplifiers and immersive audio processors under Martin Audio; seamless commercial audio solutions including loudspeakers, amplifiers and controllers for multi-zone hospitality, retail and education venues under Optimal Audio; high-power Class D amplifiers, networked digital signal processors and control software for live sound and fixed installations under Linea Research; pioneering immersive sound spatial and tracking solutions including panLab software under TiMax; and robust stage rigging motor controllers under OutBoard. Products are sold through distributors and resellers, direct-to-consumer e-commerce sites and direct sales support to rental and installation companies, backed by 24/7 technical support, personalised onboarding and a net promoter score of 70. The company maintains long-term manufacturing relationships in China, Malaysia and the US, supplemented by on-site production in the UK and Germany, with a focus on innovation launching 35-48 new or updated products annually incorporating sustainability features like recycled materials in Scarlett 4th Gen, ADAM Audio H200 headphones and Novation Launchkey MK4. Recent strategic developments include the December 2023 acquisition of Sheriff Technologies encompassing TiMax immersive sound solutions and OutBoard rigging controls for £3.0 million, followed by the June 2024 acquisition of Innovate Audio integrating panLab software under TiMax to bolster immersive audio capabilities; the 2024 acquisition of Martin Audio Ltd expanding live and installation sound systems; ongoing product roadmaps for Oberheim expansions, Audio Reproduction enhancements leveraging Linea Research technology and new Scarlett generations; and sustained investment in R&D, diversity initiatives and carbon-neutral operations since 2022.