FatPipe Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	19.21	16.29	17.86	15.8	12.4
Revenue Growth (YoY)	17.92%	-8.80%	13.07%	27.41%	-
Cost of Revenue	1.73	1.06	1.07	1.1	0.69
Gross Profit	17.48	15.23	16.79	14.69	11.71
Selling, General & Admin	9.55	7.18	6.55	6.98	7.46
Research & Development	1.91	1.79	1.74	1.8	1.63
Other Operating Expenses	2.43	2.79	2.87	2.68	2.83
Total Operating Expenses	13.89	11.76	11.15	11.45	11.93
Operating Income	3.59	3.47	5.64	3.24	-0.22
Interest Income	0.13	0.04	0.03	0	0.08
Interest Expense	-0.48	-0.33	-0.3	-0.11	-0.03
Other Non-Operating Income (Expense)	0.25	0.1	0.23	0.01	0.66
Total Non-Operating Income (Expense)	-0.1	-0.18	-0.04	-0.1	0.71
Pretax Income	3.49	3.29	5.6	3.14	0.49
Provision for Income Taxes	-1.48	1.29	1.44	0.26	0.03
Net Income	4.97	1.95	4.28	2.89	0.45
Minority Interest in Earnings	-	-0.01	-0.09	-0.03	-0.03
Net Income to Common	4.97	1.97	4.37	2.91	0.48
Net Income Growth	152.74%	-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)	8.92%	3.29%	-	-	-
EPS (Basic)	0.36	0.15	0.35	0.23	0.04
EPS (Diluted)	0.35	0.15	0.35	0.23	0.04
EPS Growth	133.33%	-57.14%	52.17%	475.00%	-
Free Cash Flow	-0.83	-0.52	-0.38	-2.01	-0.23
Free Cash Flow Per Share	-0.06	-0.04	-0.03	-0.16	-0.02
Gross Margin	91.00%	93.48%	94.01%	93.02%	94.42%
Operating Margin	18.69%	21.31%	31.57%	20.51%	-1.81%
Profit Margin	25.87%	11.99%	23.96%	18.27%	3.66%
FCF Margin	-4.34%	-3.22%	-2.14%	-12.70%	-1.82%
EBITDA	3.96	4.02	6.34	3.82	0.29
EBITDA Margin	20.61%	24.66%	35.48%	24.19%	2.34%
EBIT	3.59	3.47	5.64	3.24	-0.22
EBIT Margin	18.69%	21.31%	31.57%	20.51%	-1.81%
Effective Tax Rate	-42.55%	39.37%	25.65%	8.13%	6.71%

SEC Filings: 10-K · 10-Q