FatPipe, Inc. (FATN)

FatPipe Income Statement

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

Fiscal Year	FY 2025	FY 2025	FY 2025	FY 2025
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	16.29	17.86	15.8	12.4
Revenue Growth (YoY)	-8.80%	13.07%	27.41%	-
Cost of Revenue	1.06	1.07	1.1	0.69
Gross Profit	15.23	16.79	14.69	11.71
Selling, General & Admin	7.18	6.55	6.98	7.46
Research & Development	1.79	1.74	1.8	1.63
Other Operating Expenses	2.79	2.87	2.68	2.83
Total Operating Expenses	11.76	11.15	11.45	11.93
Operating Income	3.47	5.64	3.24	-0.22
Interest Income	0.04	0.03	0	0.08
Interest Expense	-0.33	-0.3	-0.11	-0.03
Other Non-Operating Income (Expense)	0.1	0.23	0.01	0.66
Total Non-Operating Income (Expense)	-0.18	-0.04	-0.1	0.71
Pretax Income	3.29	5.6	3.14	0.49
Provision for Income Taxes	1.29	1.44	0.26	0.03
Net Income	1.97	4.37	2.91	0.48
Minority Interest in Earnings	-0.01	-0.09	-0.03	-0.03
Net Income to Common	1.97	4.37	2.91	0.48
Net Income Growth	-54.97%	49.96%	501.95%	-
Shares Outstanding (Basic)	13	12	12	12
Shares Outstanding (Diluted)	13	12	12	12
Shares Change (YoY)	3.29%	-	-	-
EPS (Basic)	0.15	0.35	0.23	0.04
EPS (Diluted)	0.15	0.35	0.23	0.04
EPS Growth	-57.14%	52.17%	475.00%	-
Free Cash Flow	-0.52	-0.38	-2.01	-0.23
Free Cash Flow Per Share	-0.04	-0.03	-0.16	-0.02
Gross Margin	93.48%	94.01%	93.02%	94.42%
Operating Margin	21.31%	31.57%	20.51%	-1.81%
Profit Margin	11.99%	23.96%	18.27%	3.66%
FCF Margin	-3.20%	-2.14%	-12.70%	-1.82%
EBITDA	4.02	6.34	3.82	0.29
EBITDA Margin	24.66%	35.48%	24.19%	2.34%
EBIT	3.47	5.64	3.24	-0.22
EBIT Margin	21.31%	31.57%	20.51%	-1.81%
Effective Tax Rate	39.37%	25.65%	8.13%	6.71%

Updated Feb 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q