Is FatPipe, Inc. (FATN) a Buy, Sell, or Hold?
NASDAQ : FATN
FatPipe, Inc.
$4.54 USD
$0.0 (-0.0%)
- Volume
- 39.17K
- Average Volume
- 1.19M
- Market Capitalization
- $63.68M
- P/E Ratio
- 13.00
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $10.77
- Year Low
- $1.31
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.85
FATN Financial Statements
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| revenue | 19.21M | 16.29M | 17.86M | 15.8M | 12.4M |
| costOfRevenue | 4.53M | 1.06M | 1.07M | 1.1M | 691.6K |
| grossProfit | 14.68M | 15.23M | 16.79M | 14.69M | 11.71M |
| researchAndDevelopmentExpenses | 1.91M | 1.79M | 1.74M | 1.8M | 1.63M |
| generalAndAdministrativeExpenses | 4.76M | 6.21M | 6.02M | 6.31M | 7.17M |
| sellingAndMarketingExpenses | 4.79M | 3.75M | 3.4M | 3.35M | 3.12M |
| sellingGeneralAndAdministrativeExpenses | 9.55M | 9.97M | 9.42M | 9.66M | 10.3M |
| otherExpenses | -369.25K | - | - | - | -1 |
| operatingExpenses | 11.09M | 11.76M | 11.15M | 11.45M | 11.93M |
| costAndExpenses | 15.62M | 12.82M | 12.22M | 12.56M | 12.62M |
| netInterestIncome | -349.89K | -287.2K | -274.86K | -107K | 53028 |
| interestIncome | 125.18K | 42688 | 27261 | 134 | 84299 |
| interestExpense | 475.07K | 329.89K | 302.12K | 107.13K | 31271 |
| depreciationAndAmortization | 369.25K | 545.71K | 699.26K | 582.33K | 513.75K |
| ebitda | 4.33M | 4.16M | 6.6M | 3.83M | 1.03M |
| ebit | 3.96M | 3.62M | 5.9M | 3.25M | 518.15K |
| nonOperatingIncomeExcludingInterest | -372.06K | -145.9K | -262.11K | -9275 | -742.28K |
| operatingIncome | 3.59M | 3.47M | 5.64M | 3.24M | -224.14K |
| totalOtherIncomeExpensesNet | -103.01K | -183.99K | -40017 | -97856 | 711.01K |
| incomeBeforeTax | 3.49M | 3.29M | 5.6M | 3.14M | 486.88K |
| incomeTaxExpense | -1.48M | 1.33M | 1.32M | 255.46K | 32685 |
| netIncomeFromContinuingOperations | 4.97M | 1.95M | 4.28M | 2.89M | 454.19K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | 4.97M | 1.97M | 4.37M | 2.91M | 483.73K |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | 4.97M | 1.97M | 4.37M | 2.91M | 483.73K |
| eps | 0.36 | 0.15 | 0.32 | 0.21 | 0.04 |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 5.21M | 2.92M | 1.11M | 1.08M | 1.38M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 5.21M | 2.92M | 1.11M | 1.08M | 1.38M |
| netReceivables | 10.67M | 8.96M | 7.53M | 4.8M | 4.13M |
| accountsReceivables | 10.67M | 3.76M | 3.16M | 2.42M | 2.56M |
| otherReceivables | - | 5.19M | 4.36M | 2.38M | 1.58M |
| inventory | 445.84K | 419.68K | 113.52K | 355.95K | 655.99K |
| prepaids | - | - | - | - | - |
| otherCurrentAssets | 125.27K | 666.38K | 582.39K | 1M | 138.84K |
| totalCurrentAssets | 16.46M | 12.96M | 9.34M | 7.24M | 6.31M |
| propertyPlantEquipmentNet | 1.14M | 1.51M | 280.48K | 801.16K | 139.89K |
| goodwill | - | - | - | - | - |
| intangibleAssets | 694.19K | 1.05M | 1.56M | 2.18M | 2.64M |
| goodwillAndIntangibleAssets | 694.19K | 1.05M | 1.56M | 2.18M | 2.64M |
| longTermInvestments | 15.78M | - | - | - | - |
| taxAssets | 76905 | 76905 | 117.46K | - | - |
| otherNonCurrentAssets | 372.35K | 12.69M | 10.15M | 5.51M | 1.73M |
| totalNonCurrentAssets | 18.07M | 15.33M | 12.1M | 8.49M | 4.51M |
| otherAssets | - | - | - | - | -89 |
| totalAssets | 34.52M | 28.29M | 21.44M | 15.73M | 10.82M |
| totalPayables | 390.17K | 1.22M | 608.11K | 241.11K | 74511 |
| accountPayables | 390.17K | 437.25K | 417.53K | 241.11K | 74511 |
| otherPayables | - | 782.16K | 190.58K | - | - |
| accruedExpenses | - | 18969 | 168.28K | 1.45M | 786.6K |
| shortTermDebt | 792.8K | 463.42K | 120K | 412.76K | 86352 |
| capitalLeaseObligationsCurrent | - | 366.68K | 164.15K | 412.76K | - |
| taxPayables | - | - | - | - | - |
| deferredRevenue | 1.09M | 1.36M | 1.52M | 1.85M | 2.23M |
| otherCurrentLiabilities | 1.99M | 3.06M | 2.14M | - | - |
| totalCurrentLiabilities | 4.27M | 6.49M | 4.72M | 3.96M | 3.18M |
| longTermDebt | 4.23M | 4.64M | 2.5M | 2M | 855.83K |
| capitalLeaseObligationsNonCurrent | 682.44K | 1.11M | 50563 | 216.28K | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 121.82K | 116.99K | 116.01K | -1 | 5051 |
| totalNonCurrentLiabilities | 5.04M | 5.87M | 2.67M | 2.22M | 855.83K |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 682.44K | 1.48M | 214.72K | 629.04K | - |
| totalLiabilities | 9.31M | 12.36M | 7.39M | 6.17M | 4.04M |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 132.24K | 130.26K | 124.49K | 124.49K | 124.49K |
| retainedEarnings | 16.08M | 11.11M | 9.04M | 4.67M | 1.89M |
| additionalPaidInCapital | 6.1M | 1.59M | 1.52M | 1.52M | 1.52M |
| date | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 |
|---|---|---|---|---|---|
| netIncome | 4.97M | 1.95M | 4.28M | 3.14M | 454.19K |
| depreciationAndAmortization | 369.25K | 545.71K | 699.26K | 582.33K | 513.75K |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - |
| changeInWorkingCapital | -8M | -3.77M | -5.6M | -4.38M | -842.62K |
| accountsReceivables | -6.3M | -4.55M | -7.49M | -4.27M | -557.03K |
| inventory | -26165 | -306.16K | 242.43K | 300.04K | -574.78K |
| accountsPayables | -47079 | 19724 | 176.42K | 166.38K | -75550 |
| otherWorkingCapital | -1.62M | 1.06M | 1.47M | -571.8K | 364.74K |
| otherNonCashItems | 1.88M | 768.8K | 257.56K | -1.19M | -315.94K |
| netCashProvidedByOperatingActivities | -780.39K | -504.12K | -363.42K | -1.84M | -190.61K |
| investmentsInPropertyPlantAndEquipment | -52483 | -16762 | -19188 | -163.53K | -35416 |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - |
| otherInvestingActivities | - | -3000 | - | - | -2939 |
| netCashProvidedByInvestingActivities | -52483 | -19762 | -19188 | -163.53K | -38355 |
| netDebtIssuance | -423.03K | 2.49M | 85678 | 1.69M | -481.72K |
| longTermNetDebtIssuance | -423.03K | 2.49M | 85678 | 1.69M | -481.72K |
| shortTermNetDebtIssuance | - | - | - | - | - |
| netStockIssuance | 3.74M | - | - | - | - |
| netCommonStockIssuance | 3.74M | - | - | - | - |
| commonStockIssuance | 3.74M | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | - | - | 120K | - | - |
| netCashProvidedByFinancingActivities | 3.32M | 2.49M | 205.68K | 1.69M | -481.72K |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 7.23M | 4.09M | 3.96M | 3.94M | 3.15M | 3.15M | 3.75M | 3.75M | 5.38M | 4.01M |
| costOfRevenue | 1.42M | 503.82K | 312.9K | 226.93K | 379.87K | 379.87K | 283.68K | 283.68K | 451.27K | 177.72K |
| grossProfit | 5.81M | 3.58M | 3.65M | 3.71M | 2.77M | 2.77M | 3.47M | 3.47M | 4.93M | 3.83M |
| researchAndDevelopmentExpenses | 487.89K | 453.54K | 489.16K | 474.46K | 448.57K | 448.57K | 423.5K | 423.5K | 465.54K | 407.22K |
| generalAndAdministrativeExpenses | - | 828.35K | 1.39M | 587K | 1.25M | 1.25M | 1.17M | 1.17M | 1.19M | 1.64M |
| sellingAndMarketingExpenses | - | 1.28M | 1.2M | 1.05M | 888.55K | 888.55K | 1.01M | 1.01M | 884.35K | 762.39K |
| sellingGeneralAndAdministrativeExpenses | 3.14M | 2.11M | 2.6M | 1.64M | 2.14M | 2.14M | 2.18M | 2.18M | 2.08M | 2.4M |
| otherExpenses | - | 616.96K | 562.65K | 593.19K | -1 | -1 | - | - | - | -1 |
| operatingExpenses | 3.62M | 3.18M | 3.65M | 2.71M | 2.58M | 2.58M | 2.61M | 2.61M | 2.54M | 2.81M |
| costAndExpenses | 5.04M | 3.69M | 3.96M | 2.93M | 2.96M | 2.96M | 2.89M | 2.89M | 3M | 2.98M |
| netInterestIncome | -139.79K | -62927 | -83084 | -64089 | -102.74K | -102.74K | -59942 | -59942 | -56907 | -93336 |
| interestIncome | 35292 | 41145 | 42949 | 5799 | 15342 | 15342 | 26090 | 26090 | 26723 | -7788 |
| interestExpense | 175.08K | 104.07K | 126.03K | 69888 | 118.08K | 118.08K | 86032 | 86032 | 83630 | 85548 |
| depreciationAndAmortization | 70347 | 102.84K | 104.11K | 91957 | 132.66K | 132.66K | 133.54K | 133.54K | 308.64K | 130.37K |
| ebitda | 2.43M | 607.76K | 174.16K | 1.12M | 395.17K | 395.17K | 992.05K | 992.05K | 2.94M | 1.14M |
| ebit | 2.36M | 504.93K | 70051 | 1.03M | 262.51K | 262.51K | 858.51K | 858.51K | 2.63M | 1.01M |
| nonOperatingIncomeExcludingInterest | -175.12K | -102.51K | -70844 | -23591 | -77679 | -77679 | 1336 | 1336 | -243.75K | 19895 |
| operatingIncome | 2.19M | 402.42K | -793 | 1M | 184.83K | 184.83K | 859.84K | 859.84K | 2.39M | 1.03M |
| totalOtherIncomeExpensesNet | 40 | -1566 | -55189 | -46297 | -40402 | -40402 | -87368 | -87368 | 160.12K | -105.44K |
| incomeBeforeTax | 2.19M | 400.85K | -55982 | 956.38K | 144.43K | 144.43K | 772.48K | 772.48K | 2.55M | 921.31K |
| incomeTaxExpense | -1.78M | 90192 | -12595 | 215.18K | 60054 | 60054 | 163.4K | 163.4K | 234.5K | 369.63K |
| netIncomeFromContinuingOperations | 3.96M | 310.66K | -43387 | 741.2K | 84373 | 84373 | 609.08K | 609.08K | 2.31M | 551.68K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 3.96M | 310.66K | -43387 | 741.2K | 84373 | 84373 | 625.49K | 625.49K | 2.34M | 571.38K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 3.96M | 310.66K | -43387 | 741.2K | 84373 | 84373 | 625.49K | 625.49K | 2.34M | 571.38K |
| eps | 0.28 | 0.02 | -0.0 | 0.05 | 0.01 | 0.01 | 0.05 | 0.05 | 0.17 | 0.04 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 5.21M | 6.16M | 6.23M | 5.91M | 2.92M | 1.62M | 845.85K | - | 1.11M |
| shortTermInvestments | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 5.21M | 6.16M | 6.23M | 5.91M | 2.92M | 1.62M | 845.85K | 1.11M | 1.11M |
| netReceivables | 26.46M | 10.08M | 9.82M | 9.38M | 8.96M | 8.41M | 8.55M | - | 7.53M |
| accountsReceivables | 26.46M | 10.08M | 9.82M | 3.97M | 3.76M | 3.17M | 3.31M | - | 3.16M |
| otherReceivables | - | - | - | 5.42M | 5.19M | 5.24M | 5.24M | - | 4.36M |
| inventory | 445.84K | 167.35K | 328.74K | 408.16K | 419.68K | 442.83K | 162.47K | - | 113.52K |
| prepaids | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | -15.66M | 153.55K | 230.17K | 639.88K | 666.38K | 682.3K | 970.17K | -1.11M | 582.39K |
| totalCurrentAssets | 16.46M | 16.57M | 16.6M | 16.34M | 12.96M | 11.15M | 10.53M | - | 9.34M |
| propertyPlantEquipmentNet | 1.14M | 1.24M | 1.34M | 1.45M | 1.51M | 1.23M | 1.49M | - | 280.48K |
| goodwill | - | - | - | - | - | - | - | - | - |
| intangibleAssets | 694.19K | 764.8K | 860.75K | 964.16K | 1.05M | 1.18M | 1.31M | - | 1.56M |
| goodwillAndIntangibleAssets | 694.19K | 764.8K | 860.75K | 964.16K | 1.05M | 1.18M | 1.31M | - | 1.56M |
| longTermInvestments | 15.78M | - | - | - | - | - | - | - | - |
| taxAssets | 76905 | 76905 | 76905 | 76905 | 76905 | 443.16K | 119.04K | - | 117.46K |
| otherNonCurrentAssets | 372.35K | 13.73M | 13.36M | 13.19M | 12.69M | 11.74M | 11.8M | - | 10.15M |
| totalNonCurrentAssets | 18.07M | 15.81M | 15.64M | 15.68M | 15.33M | 14.6M | 14.71M | - | 12.1M |
| otherAssets | - | - | - | - | - | - | - | - | - |
| totalAssets | 34.52M | 32.38M | 32.24M | 32.02M | 28.29M | 25.75M | 25.24M | - | 21.44M |
| totalPayables | 390.17K | 352.18K | 294.76K | 371.38K | 1.22M | 331.67K | 346.79K | - | 608.11K |
| accountPayables | 390.17K | 352.18K | 294.76K | 310.23K | 437.25K | 331.67K | 346.79K | - | 417.53K |
| otherPayables | - | - | - | 61154 | 782.16K | - | - | - | 190.58K |
| accruedExpenses | - | - | - | 363.88K | 18969 | 3.3M | 3.42M | - | 168.28K |
| shortTermDebt | 792.8K | 417.32K | 577.71K | 731.2K | 463.42K | 133.65K | 120K | - | 120K |
| capitalLeaseObligationsCurrent | - | 394.13K | 384.69K | 376.82K | 366.68K | - | 140.17K | - | 164.15K |
| taxPayables | - | - | - | 1000 | - | - | - | - | - |
| deferredRevenue | 1.09M | 1.1M | 1.1M | 1.22M | 1.36M | 1.15M | 1.16M | - | 1.52M |
| otherCurrentLiabilities | 1.99M | 3.86M | 3.7M | 3.24M | 3.06M | - | - | - | 2.14M |
| totalCurrentLiabilities | 4.27M | 6.12M | 6.05M | 6.3M | 6.49M | 4.92M | 5.19M | - | 4.72M |
| longTermDebt | 4.23M | 4.18M | 4.18M | 4.18M | 4.64M | 3M | 2.5M | - | 2.5M |
| capitalLeaseObligationsNonCurrent | 682.44K | 800.03K | 905.4K | 1.02M | 1.11M | 1.06M | 1.14M | - | 50563 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 121.82K | 111.34K | 112.76K | 117.04K | 116.99K | 112.92K | 116.41K | -14.05M | 116.01K |
| totalNonCurrentLiabilities | 5.04M | 5.09M | 5.2M | 5.32M | 5.87M | 4.18M | 3.75M | -14.05M | 2.67M |
| otherLiabilities | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 682.44K | 1.19M | 1.29M | 1.4M | 1.48M | 1.06M | 1.28M | - | 214.72K |
| totalLiabilities | 9.31M | 11.22M | 11.26M | 11.62M | 12.36M | 9.1M | 8.94M | -14.05M | 7.39M |
| treasuryStock | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - |
| commonStock | 132.24K | 131.24K | 131.24K | 130.26K | 130.26K | 130.26K | 130.26K | - | 124.49K |
| retainedEarnings | 16.08M | 12.11M | 11.8M | 11.85M | 11.11M | 11.36M | 11.31M | - | 9.04M |
| additionalPaidInCapital | 6.1M | 5.95M | 6.08M | 5.37M | 1.59M | 1.59M | 1.59M | - | 1.52M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 3.96M | 310.66K | -43387 | 741.2K | -368.2K | -630.14K | 2.34M | 609.08K | 3.63M | -162.81K |
| depreciationAndAmortization | 70347 | 102.84K | 104.11K | 91957 | 146.36K | 132.66K | 133.15K | 133.54K | 308.64K | 130.37K |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | 625.22K | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -6.11M | 6939 | -521.39K | -1.38M | -113.52K | 453.7K | -3.07M | -1.04M | -1.97M | -1.96M |
| accountsReceivables | -4.04M | -677.73K | -619.12K | -959.32K | -1.43M | 236.14K | -2.51M | -847.47K | -3.35M | -719.43K |
| inventory | -278.49K | 161.39K | 79424 | 11517 | 23155 | -280.36K | -73943 | 24994 | 198.52K | 39593 |
| accountsPayables | 37990 | 57422 | -15465 | -127.03K | 105.58K | -15106 | 98095 | -168.84K | 42799 | -18857 |
| otherWorkingCapital | -1.82M | 465.86K | 33776 | -300.74K | 1.19M | 513.03K | -585.22K | -53157 | 1.13M | -1.26M |
| otherNonCashItems | 1.16M | -804.76K | 860.5K | 33811 | 145.39K | -66196 | 640.22K | 49392 | -18122 | 265.54K |
| netCashProvidedByOperatingActivities | -912.52K | 240.9K | 399.84K | -508.6K | -189.97K | -109.98K | 48290 | -252.46K | 1.95M | -1.73M |
| investmentsInPropertyPlantAndEquipment | -8514 | 35447 | 7002 | -42449 | -4014 | -520 | -10273 | -1955 | -5259 | 634 |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | -43969 | - | - | -3000 | - | 3000 | -3000 | - | - |
| netCashProvidedByInvestingActivities | -8514 | -8522 | 7002 | -42449 | -7014 | -520 | -7273 | -4955 | -5259 | 634 |
| netDebtIssuance | 23639 | -160.38K | -95065 | -191.22K | 1.97M | 601.08K | -87424 | - | -405.88K | 183.43K |
| longTermNetDebtIssuance | 23639 | -160.38K | -95065 | -191.22K | 1.97M | 601.08K | -87424 | - | -405.88K | 183.43K |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | -310 | -125K | 83000 | 3.78M | - | - | - | - | - | - |
| netCommonStockIssuance | -310 | -125K | 83000 | 3.78M | - | - | - | - | - | - |
| commonStockIssuance | -310 | - | 83000 | 3.78M | - | - | - | - | - | - |
| commonStockRepurchased | - | -125K | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | - | - | - | - | - | - | - | - | 1 |
| netCashProvidedByFinancingActivities | 23329 | -285.38K | -12065 | 3.59M | 1.97M | 601.08K | -87424 | - | -405.88K | 183.43K |