FatPipe Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	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	20.3	19.21	16.29	17.86	15.8	12.4
Revenue Growth	23.24%	17.92%	-8.80%	13.07%	27.41%	-
Cost of Revenue	1.89	1.73	1.06	1.07	1.1	0.69
Gross Profit	18.41	17.48	15.23	16.79	14.69	11.71
Selling, General & Admin	10.43	9.55	7.18	6.55	6.98	7.46
Research & Development	1.96	1.91	1.79	1.74	1.8	1.63
Other Operating Expenses	2.53	2.43	2.79	2.87	2.68	2.83
Total Operating Expenses	14.92	13.89	11.76	11.15	11.45	11.93
Operating Income	3.49	3.59	3.47	5.64	3.24	-0.22
Interest Income	0.16	0.13	0.04	0.03	0	0.08
Interest Expense	-0.5	-0.48	-0.33	-0.3	-0.11	-0.03
Other Non-Operating Income (Expense)	0.24	0.25	0.1	0.23	0.01	0.66
Total Non-Operating Income (Expense)	-0.1	-0.1	-0.18	-0.04	-0.1	0.71
Pretax Income	3.39	3.49	3.29	5.6	3.14	0.49
Provision for Income Taxes	-2.07	-1.48	1.29	1.44	0.26	0.03
Net Income	5.46	4.97	1.95	4.28	2.89	0.45
Minority Interest in Earnings	0.01	-	-0.01	-0.09	-0.03	-0.03
Net Income to Common	4.23	4.97	1.97	4.37	2.91	0.48
Net Income Growth	103.38%	152.74%	-54.97%	49.96%	501.95%	-
Shares Outstanding (Basic)	14	14	13	12	12	12
Shares Outstanding (Diluted)	14	14	13	12	12	12
Shares Change	7.39%	8.92%	3.29%	-	-	-
EPS (Basic)	0.30	0.36	0.15	0.35	0.23	0.04
EPS (Diluted)	0.30	0.35	0.15	0.35	0.23	0.04
EPS Growth	87.11%	133.33%	-57.14%	52.17%	475.00%	-
Free Cash Flow	-0.97	-0.83	-0.52	-0.38	-2.01	-0.23
Free Cash Flow Growth	-	-	-	-	-	-
Free Cash Flow Per Share	-0.07	-0.06	-0.04	-0.03	-0.16	-0.02
Gross Margin	90.68%	91.00%	93.48%	94.01%	93.02%	94.42%
Operating Margin	17.18%	18.69%	21.31%	31.57%	20.51%	-1.81%
Profit Margin	26.87%	25.87%	11.99%	23.96%	18.27%	3.66%
FCF Margin	-4.75%	-4.34%	-3.22%	-2.14%	-12.70%	-1.82%
EBITDA	3.81	3.96	4.02	6.34	3.82	0.29
EBITDA Margin	18.76%	20.61%	24.66%	35.48%	24.19%	2.34%
EBIT	3.49	3.59	3.47	5.64	3.24	-0.22
EBIT Margin	17.18%	18.69%	21.31%	31.57%	20.51%	-1.81%
Effective Tax Rate	-61.14%	-42.55%	39.37%	25.65%	8.13%	6.71%

SEC Filings: 10-K · 10-Q