FatPipe Balance Sheet

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
Cash & Equivalents	6.16	2.92	1.11	1.08	1.38	0.11
Cash & Short-Term Investments	6.16	2.92	1.11	1.08	1.38	0.11
Cash Growth	281.35%	162.52%	3.25%	-21.68%	1164.14%	10052.70%
Receivables	10.08	8.96	7.53	4.8	2.56	-
Inventory	0.17	0.42	0.11	0.36	0.66	0.08
Other Current Assets	0.15	0.67	0.58	1	0.14	-
Total Current Assets	16.57	12.96	9.34	7.24	4.73	0.19
Property, Plant & Equipment	1.24	1.51	0.28	0.8	0.14	0.01
Other Intangible Assets	0.76	1.05	1.56	2.18	2.64	-
Long-Term Accounts Receivable	13.35	12.31	9.96	5.41	3.18	-
Long-Term Deferred Tax Assets	0.08	0.08	0.12	-	-	-
Other Long-Term Assets	0.38	0.38	0.19	0.11	0.13	-
Total Assets	32.38	28.29	21.44	15.73	10.82	0.23
Accounts Payable	0.35	0.44	0.42	0.24	0.07	0
Accrued Expenses	3.86	3.86	2.5	1.45	0.79	-
Short-Term Debt	-	-	-	-	-	0.01
Current Portion of Long-Term Debt	0.42	0.46	0.12	-	0.09	-
Current Portion of Leases	0.39	0.37	0.16	0.41	-	-
Current Unearned Revenue	1.1	1.36	1.52	1.85	2.23	-
Total Current Liabilities	6.12	6.49	4.72	3.96	3.18	0.01
Long-Term Debt	4.18	4.64	2.5	2	0.86	-
Long-Term Leases	0.8	1.11	0.05	0.22	-	-
Long-Term Unearned Revenue	-	-	-	-	0.01	-
Other Long-Term Liabilities	0.11	0.12	0.12	-	-	-
Total Liabilities	11.22	12.36	7.39	6.17	4.04	0.01
Common Stock	0.13	0.13	0.12	0.12	0.12	-
Additional Paid-In Capital	5.95	1.59	1.52	1.52	1.52	-
Retained Earnings	12.11	11.11	9.04	4.67	1.89	-
Comprehensive Income & Other	2.96	3.1	3.25	3.05	3.03	-
Total Common Equity	21.16	15.93	13.94	9.37	6.57	0.22
Minority Interest	-	-	0.11	0.19	0.22	-
Shareholders' Equity	21.16	15.93	14.05	9.56	6.78	0.22
Total Liabilities & Equity	32.38	28.29	21.44	15.73	10.82	0.23
Total Debt	5.79	6.59	2.83	2.63	0.94	-
Net Cash (Debt)	0.37	-3.67	-1.72	-1.55	0.43	-
Net Cash Per Share	0.03	-0.29	-0.14	-0.12	0.03	-
Filing Date Shares Outstanding	13.92	13.82	12.45	13.03	12.45	-
Total Common Shares Outstanding	13.92	13.03	12.45	12.45	12.45	-
Working Capital	10.45	6.47	4.62	3.28	1.55	-
Book Value Per Share	1.52	1.22	1.12	0.75	0.53	-
Tangible Book Value	20.4	14.88	12.38	7.19	3.92	-
Tangible Book Value Per Share	1.46	1.14	0.99	0.58	0.32	-
Machinery	-	0.75	0.73	-	-	-

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

SEC Filings: 10-K · 10-Q