FatPipe Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 1994
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Dec '94 Dec 31, 1994
Revenue	15.78	16.29	17.86	15.8	12.4	-
Revenue Growth (YoY)	-11.74%	-8.80%	13.07%	27.41%	-	-
Cost of Revenue	1.21	1.06	1.07	1.1	0.69	-
Gross Profit	14.56	15.23	16.79	14.69	11.71	-
Selling, General & Admin	11.1	9.97	9.42	9.66	9.7	-
Research & Development	1.9	1.79	1.74	1.8	1.63	-
Operating Expenses	13	11.76	11.15	11.45	11.93	-
Operating Income	1.57	3.47	5.64	3.24	-0.22	-
Interest Expense	-0.34	-0.33	-0.3	-0.11	-0.03	-
Interest & Investment Income	0.11	0.04	0.03	0	0.08	-
Currency Exchange Gain (Loss)	0.16	0.1	0.03	-0.05	0.1	-
Other Non Operating Income (Expenses)	-0	0	0.26	0.06	0.01	-
EBT Excluding Unusual Items	1.49	3.29	5.65	3.14	-0.06	-
Gain (Loss) on Sale of Assets	-	-	-0.05	-0	-	-
Other Unusual Items	-	-	-	-	0.55	-
Pretax Income	1.49	3.29	5.6	3.14	0.49	-
Income Tax Expense	0.85	1.33	1.32	0.26	0.03	-
Earnings From Continuing Operations	0.64	1.95	4.28	2.89	0.45	-
Minority Interest in Earnings	0.01	0.01	0.09	0.03	0.03	-
Net Income	0.65	1.97	4.37	2.91	0.48	-0.04
Net Income to Common	0.65	1.97	4.37	2.91	0.48	-
Net Income Growth	-85.98%	-54.97%	49.96%	501.95%	-	-
Shares Outstanding (Basic)	14	13	12	12	12	-
Shares Outstanding (Diluted)	14	13	12	12	12	-
Shares Change (YoY)	7.33%	3.29%	-	-	-	-
EPS (Basic)	0.05	0.15	0.35	0.23	0.04	-
EPS (Diluted)	0.05	0.15	0.35	0.23	0.04	-
EPS Growth	-87.71%	-56.40%	49.96%	501.95%	-	-
Free Cash Flow	-0.11	-0.52	-0.38	-2.01	-0.23	-
Free Cash Flow Per Share	-0.01	-0.04	-0.03	-0.16	-0.02	-
Gross Margin	92.31%	93.48%	94.01%	93.02%	94.42%	-
Operating Margin	9.94%	21.31%	31.57%	20.51%	-1.81%	-
Profit Margin	4.14%	12.07%	24.45%	18.43%	3.90%	-
Free Cash Flow Margin	-0.67%	-3.20%	-2.14%	-12.70%	-1.82%	-
EBITDA	2.01	4.02	6.34	3.82	0.29	-
EBITDA Margin	12.76%	24.66%	35.48%	24.19%	2.34%	-
D&A For EBITDA	0.45	0.55	0.7	0.58	0.51	-
EBIT	1.57	3.47	5.64	3.24	-0.22	-
EBIT Margin	9.94%	21.31%	31.57%	20.51%	-1.81%	-
Effective Tax Rate	57.13%	40.60%	23.55%	8.13%	6.71%	-

Updated Feb 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q