FATN
FatPipe, Inc.
Price Chart
Latest Quote
$5.54
+0.25 (+4.69%)
Current Price
| Previous Close | $5.29 |
| Open | $5.25 |
| Day High | $5.80 |
| Day Low | $5.25 |
| Volume | 124,774 |
Stock Information
| Shares Outstanding | 14.02M |
| Total Debt | $5.71M |
| Cash Equivalents | $5.21M |
| Revenue | $19.21M |
| Net Income | $4.97M |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Market Cap | $77.67M |
| P/E Ratio | 15.82 |
| EPS (TTM) | $0.35 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $74.68M |
| Sales | $19.21M |
| Income | $4.97M |
| Book/sh | $1.80 |
| Cash/sh | $0.37 |
| Employees | 172 |
Financial Ratios
| Quick Ratio | 3.72 |
| Current Ratio | 3.85 |
| Debt/Eq | 22.64 |
Returns & Margins
| ROA | 7.14% |
| ROE | 24.16% |
| Gross Margin | 91.00% |
| Operating Margin | 30.24% |
| Profit Margin | 25.87% |
Ownership
| Insider Ownership | 54.88% |
| Institutional Ownership | 2.69% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 24.61 |
| P/S | 4.04 |
| P/B | 3.08 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $8.80 |
Technical Indicators
| SMA20 | $6.09 |
| SMA50 | $4.24 |
| SMA200 | $3.47 |
| RSI | 37.31 |
| ATR | 0.8634 |
| Shares Float | 7.90M |
| Short Float | 1.17% |
| Short Ratio | 0.03 |
| Rel Volume | 0.23 |
Performance History
| Week | -8.46% |
| Month | +29.70% |
| Quarter | +221.98% |
| 6 Months | +145.04% |
| YTD | +157.58% |
| Year | -33.42% |
| 10 Years | -57.40% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $5.54 | 124,774 |
| 2026-06-18 | $5.29 | 135,900 |
| 2026-06-17 | $5.51 | 74,300 |
| 2026-06-16 | $5.60 | 110,700 |
| 2026-06-15 | $5.73 | 614,700 |
| 2026-06-12 | $6.05 | 259,700 |
| 2026-06-11 | $6.37 | 590,300 |
| 2026-06-10 | $6.19 | 94,800 |
| 2026-06-09 | $6.20 | 227,600 |
| 2026-06-08 | $6.09 | 206,000 |
| 2026-06-05 | $6.13 | 526,500 |
| 2026-06-04 | $7.54 | 241,900 |
| 2026-06-03 | $7.92 | 745,500 |
| 2026-06-02 | $6.50 | 361,700 |
| 2026-06-01 | $6.87 | 577,100 |
| 2026-05-29 | $7.96 | 610,300 |
| 2026-05-28 | $7.66 | 4,465,300 |
| 2026-05-27 | $4.82 | 455,600 |
| 2026-05-26 | $4.15 | 347,200 |
| 2026-05-22 | $3.78 | 187,300 |
About FatPipe, Inc.
FatPipe, Inc. develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally. The company offers SD-WAN, a network architecture solution that allows enterprises to utilize software and virtualization technologies to enhance the performance, security, and manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user's WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, cyber security, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2009 and is headquartered in Salt Lake City, Utah.
đ° Latest News
Is FatPipe (FATN) One of the Hot Tech Stocks to Buy According to Analysts?
Insider Monkey âĸ 2026-06-08T08:25:44Z
Why FatPipe Stock Is Surging On Friday?
Benzinga âĸ 2026-05-01T18:45:59Z
FatPipe Leads The Charge With These 3 Penny Stock Contenders
Simply Wall St. âĸ 2026-04-30T12:05:28Z
Should Weakness in FatPipe, Inc.'s (NASDAQ:FATN) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Simply Wall St. âĸ 2025-10-08T10:44:03Z
Wall Street Set to Open Slightly Higher Friday as Equities Level Out Following Record Sessions
MT Newswires âĸ 2025-09-19T13:25:47Z
Period:
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Income Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,728,384 | $1,061,647 | $1,069,574 | $1,102,500 |
| Cost Of Revenue | $1,728,384 | $1,061,647 | $1,069,574 | $1,102,500 |
| Total Revenue | $19,208,294 | $16,288,881 | $17,860,909 | $15,795,742 |
| Operating Revenue | $19,208,294 | $16,288,881 | $17,860,909 | $15,795,742 |
| Expenses | ||||
| Interest Expense | $475,071 | $329,892 | $302,124 | $107,131 |
| Total Expenses | $15,618,924 | $12,817,135 | $12,222,582 | $12,556,591 |
| Other Income Expense | $246,874 | $103,214 | $234,846 | $9,141 |
| Net Non Operating Interest Income Expense | $-349,886 | $-287,204 | $-274,863 | $-106,997 |
| Interest Expense Non Operating | $475,071 | $329,892 | $302,124 | $107,131 |
| Operating Expense | $13,890,540 | $11,755,488 | $11,153,008 | $11,454,091 |
| Selling And Marketing Expense | $4,791,906 | $3,753,948 | $3,396,136 | $3,352,263 |
| General And Administrative Expense | $7,193,592 | $6,214,412 | $6,019,284 | $6,305,023 |
| Other Non Operating Income Expenses | - | $1,831 | $207,661 | $59,114 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $4,969,961 | $1,966,408 | $4,366,705 | $2,911,817 |
| Net Interest Income | $-349,886 | $-287,204 | $-274,863 | $-106,997 |
| Interest Income | $125,185 | $42,688 | $27,261 | $134 |
| Normalized Income | $4,821,837 | $1,886,315 | $4,346,468 | $2,957,726 |
| Net Income From Continuing And Discontinued Operation | $4,969,961 | $1,966,408 | $4,366,705 | $2,911,817 |
| Total Operating Income As Reported | $3,589,370 | $3,471,746 | $5,638,327 | $3,239,151 |
| Net Income Common Stockholders | $4,969,961 | $1,966,408 | $4,366,705 | $2,911,817 |
| Net Income | $4,969,961 | $1,966,408 | $4,366,705 | $2,911,817 |
| Net Income Including Noncontrolling Interests | $4,969,961 | $1,952,894 | $4,279,680 | $2,885,838 |
| Net Income Continuous Operations | $4,969,961 | $1,952,894 | $4,279,680 | $2,885,838 |
| Pretax Income | $3,486,358 | $3,287,756 | $5,598,310 | $3,141,295 |
| Interest Income Non Operating | $125,185 | $42,688 | $27,261 | $134 |
| Operating Income | $3,589,370 | $3,471,746 | $5,638,327 | $3,239,151 |
| Gross Profit | $17,479,910 | $15,227,234 | $16,791,335 | $14,693,242 |
| Per Share | ||||
| Diluted EPS | - | $0.14 | $0.32 | $0.21 |
| Basic EPS | - | $0.14 | $0.32 | $0.21 |
| Other | ||||
| Tax Effect Of Unusual Items | $98,750 | $21,290 | $6,948 | $-4,064 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $4,083,804 | $4,061,974 | $6,572,506 | $3,880,725 |
| Total Unusual Items | $246,874 | $101,383 | $27,185 | $-49,973 |
| Total Unusual Items Excluding Goodwill | $246,874 | $101,383 | $27,185 | $-49,973 |
| Reconciled Depreciation | $369,249 | $545,709 | $699,257 | $582,326 |
| EBITDA (Bullshit earnings) | $4,330,678 | $4,163,357 | $6,599,691 | $3,830,752 |
| EBIT | $3,961,429 | $3,617,648 | $5,900,434 | $3,248,426 |
| Diluted NI Availto Com Stockholders | $4,969,961 | $1,966,408 | $4,366,705 | $2,911,817 |
| Minority Interests | $0 | $13,514 | $87,025 | $25,979 |
| Tax Provision | $-1,483,603 | $1,334,862 | $1,318,630 | $255,457 |
| Gain On Sale Of Security | $246,874 | $101,383 | $27,185 | $-49,973 |
| Research And Development | $1,905,042 | $1,787,128 | $1,737,588 | $1,796,805 |
| Selling General And Administration | $11,985,498 | $9,968,360 | $9,415,420 | $9,657,286 |
| Other Gand A | $4,759,653 | $3,422,596 | $3,151,924 | $3,625,743 |
| Salaries And Wages | $2,433,939 | $2,791,816 | $2,867,360 | $2,679,280 |
| Diluted Average Shares | - | $13,722,116 | $13,767,204 | $13,722,116 |
| Basic Average Shares | - | $13,722,116 | $13,722,116 | $13,722,116 |
Fetched: 2026-06-20
Balance Sheet (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $24,521,438 | $14,876,697 | $12,380,554 | $7,192,409 |
| Total Assets | $34,523,087 | $28,287,769 | $21,436,878 | $15,730,684 |
| Total Non Current Assets | $18,066,178 | $15,325,085 | $12,100,072 | $8,490,304 |
| Other Non Current Assets | $372,353 | $379,077 | $186,906 | $108,109 |
| Non Current Deferred Assets | $76,905 | $76,905 | $117,455 | $0 |
| Non Current Deferred Taxes Assets | $76,905 | $76,905 | $117,455 | $0 |
| Non Current Accounts Receivable | $15,784,746 | $12,307,266 | $9,958,323 | $5,405,248 |
| Goodwill And Other Intangible Assets | $694,192 | $1,048,620 | $1,556,913 | $2,175,790 |
| Other Intangible Assets | $694,192 | $1,048,620 | $1,556,913 | - |
| Current Assets | $16,456,909 | $12,962,684 | $9,336,806 | $7,240,380 |
| Other Current Assets | $125,271 | $666,376 | $582,392 | $1,003,320 |
| Inventory | $445,842 | $419,677 | $113,522 | $355,950 |
| Receivables | $10,671,021 | $8,956,081 | $7,528,373 | $4,803,608 |
| Other Receivables | $6,375,651 | $5,191,136 | $4,364,802 | $2,383,195 |
| Accounts Receivable | $4,295,370 | $3,764,945 | $3,163,571 | $2,420,413 |
| Cash Cash Equivalents And Short Term Investments | $5,214,775 | $2,920,550 | $1,112,519 | $1,077,502 |
| Cash And Cash Equivalents | $5,214,775 | $2,920,550 | $1,112,519 | $1,077,502 |
| Cash Financial | $5,214,775 | $2,920,550 | $1,112,519 | - |
| Debt | ||||
| Total Debt | $5,708,126 | $6,586,483 | $2,834,715 | $2,629,036 |
| Long Term Debt And Capital Lease Obligation | $4,915,323 | $5,756,384 | $2,550,563 | $2,216,278 |
| Long Term Debt | $4,232,886 | $4,642,317 | $2,500,000 | $2,000,000 |
| Current Debt And Capital Lease Obligation | $792,803 | $830,099 | $284,152 | $412,758 |
| Current Debt | $391,397 | $463,422 | $120,000 | - |
| Other Current Borrowings | $391,397 | $463,422 | $120,000 | - |
| Net Debt | - | $2,185,189 | $1,507,481 | $922,498 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $9,307,457 | $12,362,452 | $7,386,757 | $6,172,196 |
| Total Non Current Liabilities Net Minority Interest | $5,037,141 | $5,873,372 | $2,666,570 | $2,216,278 |
| Other Non Current Liabilities | $121,818 | $116,988 | $116,007 | - |
| Current Liabilities | $4,270,316 | $6,489,080 | $4,720,187 | $3,955,918 |
| Other Current Liabilities | $117,342 | $91,669 | $455,746 | - |
| Current Deferred Liabilities | $2,577,141 | $4,325,937 | $3,203,899 | $1,849,450 |
| Current Deferred Taxes Liabilities | $1,483,701 | $2,967,305 | $1,684,487 | - |
| Payables And Accrued Expenses | $779,231 | $1,238,380 | $776,390 | $1,693,710 |
| Payables | $475,006 | $1,219,411 | $608,111 | $241,107 |
| Other Payable | $84,832 | $782,158 | $190,584 | - |
| Accounts Payable | $390,174 | $437,253 | $417,527 | $241,107 |
| Equity | ||||
| Common Stock Equity | $25,215,630 | $15,925,317 | $13,937,467 | $9,368,199 |
| Total Equity Gross Minority Interest | $25,215,630 | $15,925,317 | $14,050,121 | $9,558,488 |
| Stockholders Equity | $25,215,630 | $15,925,317 | $13,937,467 | $9,368,199 |
| Gains Losses Not Affecting Retained Earnings | $2,908,854 | $3,100,884 | $3,254,706 | $3,052,143 |
| Other Equity Adjustments | $2,908,854 | $3,100,884 | $3,254,706 | $3,052,143 |
| Retained Earnings | $16,076,024 | $11,106,063 | $9,040,515 | $4,673,810 |
| Other Equity Interest | - | - | $1 | - |
| Other | ||||
| Ordinary Shares Number | $14,024,468 | $13,722,116 | $13,722,116 | $13,722,116 |
| Share Issued | $14,024,468 | $13,722,116 | $13,722,116 | $13,722,116 |
| Tangible Book Value | $24,521,438 | $14,876,697 | $12,380,554 | $7,192,409 |
| Invested Capital | $29,839,913 | $21,031,056 | $16,557,467 | $11,368,199 |
| Working Capital | $12,186,593 | $6,473,604 | $4,616,619 | $3,284,462 |
| Capital Lease Obligations | $1,083,843 | $1,480,744 | $214,715 | $629,036 |
| Total Capitalization | $29,448,516 | $20,567,634 | $16,437,467 | $11,368,199 |
| Minority Interest | $0 | $0 | $112,654 | $190,289 |
| Additional Paid In Capital | $6,098,507 | $1,588,105 | $1,517,753 | $1,517,753 |
| Capital Stock | $132,245 | $130,265 | $124,493 | $124,493 |
| Common Stock | $132,245 | $130,265 | $124,493 | $124,493 |
| Long Term Capital Lease Obligation | $682,437 | $1,114,067 | $50,563 | $216,278 |
| Current Deferred Revenue | $1,093,440 | $1,358,632 | $1,519,412 | $1,849,450 |
| Current Capital Lease Obligation | $401,406 | $366,677 | $164,152 | $412,758 |
| Current Provisions | $3,799 | $2,995 | - | - |
| Current Accrued Expenses | $304,225 | $18,969 | $168,279 | $1,452,603 |
| Net PPE | $1,137,982 | $1,513,217 | $280,475 | $801,157 |
| Accumulated Depreciation | $-685,989 | $-692,444 | $-658,028 | - |
| Gross PPE | $1,823,971 | $2,205,661 | $938,503 | $801,157 |
| Other Properties | $1,042,476 | $1,455,373 | $204,977 | $801,157 |
| Machinery Furniture Equipment | $781,495 | $750,288 | $733,526 | - |
| Investments And Advances | - | - | $0 | $0 |
Fetched: 2026-06-20
Cash Flow Statement (Annual)
| Metric | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-832,876 | $-523,886 | $-382,613 | $-2,005,759 |
| Operating Activities | ||||
| Operating Cash Flow | $-780,393 | $-504,124 | $-363,425 | $-1,842,231 |
| Cash Flow From Continuing Operating Activities | $-780,393 | $-504,124 | $-363,425 | $-977,754 |
| Operating Gains Losses | - | - | $49,067 | $586 |
| Investing Activities | ||||
| Capital Expenditure | $-52,483 | $-19,762 | $-19,188 | $-163,528 |
| Investing Cash Flow | $-52,483 | $-19,762 | $-19,188 | $-163,528 |
| Cash Flow From Continuing Investing Activities | $-52,483 | $-19,762 | $-19,188 | $-163,528 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $3,742,162 | $0 | - | - |
| Financing Cash Flow | $3,319,131 | $2,485,739 | $205,678 | $1,686,854 |
| Cash Flow From Continuing Financing Activities | $3,319,131 | $2,485,739 | $205,678 | $1,686,854 |
| Net Common Stock Issuance | $3,742,162 | $0 | - | - |
| Common Stock Issuance | $3,742,162 | $0 | - | - |
| Net Other Financing Charges | - | - | $120,000 | - |
| Other | ||||
| Repayment Of Debt | $-423,031 | $-3,027,913 | $-414,322 | $-942,183 |
| Issuance Of Debt | $0 | $5,513,652 | $500,000 | $2,629,037 |
| Interest Paid Supplemental Data | $475,071 | $329,892 | $302,124 | $107,131 |
| End Cash Position | $5,214,775 | $2,920,550 | $1,112,519 | $1,077,502 |
| Beginning Cash Position | $2,920,550 | $1,112,519 | $1,077,502 | $1,375,852 |
| Effect Of Exchange Rate Changes | $-192,030 | $-153,822 | $211,952 | $20,555 |
| Changes In Cash | $2,486,255 | $1,961,853 | $-176,935 | $-318,905 |
| Net Issuance Payments Of Debt | $-423,031 | $2,485,739 | $85,678 | $1,686,854 |
| Net Long Term Debt Issuance | $-423,031 | $2,485,739 | $85,678 | $1,686,854 |
| Long Term Debt Payments | $-423,031 | $-3,027,913 | $-414,322 | $-942,183 |
| Long Term Debt Issuance | $0 | $5,513,652 | $500,000 | $2,629,037 |
| Net PPE Purchase And Sale | $-52,483 | $-19,762 | $-19,188 | $-163,528 |
| Purchase Of PPE | $-52,483 | $-19,762 | $-19,188 | $-163,528 |
| Change In Working Capital | $-7,995,717 | $-3,771,530 | $-5,599,918 | $-4,378,841 |
| Change In Other Working Capital | $-265,192 | $-160,780 | $-330,038 | $-384,979 |
| Change In Other Current Liabilities | $-37,599 | $16,614 | $526,431 | $0 |
| Change In Other Current Assets | $547,829 | $-276,155 | $342,134 | $-597,375 |
| Change In Payables And Accrued Expense | $-1,916,276 | $1,500,400 | $1,105,457 | $576,927 |
| Change In Accrued Expense | $-1,869,197 | $1,480,674 | $929,038 | $410,549 |
| Change In Payable | $-47,079 | $19,726 | $176,419 | $166,378 |
| Change In Account Payable | $-47,079 | $19,726 | $176,419 | $166,378 |
| Change In Inventory | $-26,165 | $-306,155 | $242,428 | $300,038 |
| Change In Receivables | $-6,298,314 | $-4,545,454 | $-7,486,330 | $-4,273,452 |
| Changes In Account Receivables | $-719,900 | $-1,098,120 | $-689,481 | $655,563 |
| Stock Based Compensation | $770,220 | $0 | - | - |
| Provisionand Write Offof Assets | $1,048,727 | $715,861 | $153,735 | $-323,120 |
| Asset Impairment Charge | $57,167 | $52,942 | $54,754 | $0 |
| Depreciation Amortization Depletion | $369,249 | $545,709 | $699,257 | $582,326 |
| Depreciation And Amortization | $369,249 | $545,709 | $699,257 | $582,326 |
| Amortization Cash Flow | $332,339 | $511,293 | $618,877 | - |
| Amortization Of Intangibles | $332,339 | $511,293 | $618,877 | - |
| Depreciation | $36,910 | $34,416 | $80,380 | - |
| Net Income From Continuing Operations | $4,969,961 | $1,952,894 | $4,279,680 | $3,141,295 |
| Net Intangibles Purchase And Sale | - | $-3,000 | $0 | - |
| Purchase Of Intangibles | - | $-3,000 | $0 | - |
| Other Non Cash Items | - | - | $420,930 | $-864,477 |
Fetched: 2026-06-20