FatPipe, Inc. Common Stock

FatPipe, Inc. Common Stock

FATN · NASDAQ · Technology / Software - Infrastructure

4.62USD-0.05 (-1.18%)

Price History

Full chart

Market Stats

Previous Close4.68
Open4.60
Day Range4.51 – 4.69
52-Week Range1.31 – 8.61
Volume22.61K
Market Cap75.02M
P/E (TTM)13.62
Forward P/E11.21
EPS0.39
Dividend Yield0.00%
50-Day Avg5.76
200-Day Avg3.81

About

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.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEODr. Ragula Bhaskar Ph.D.
  • Employees172
  • Headquarters392 East Winchester Street, Salt Lake City, UT, United States, 84107, USA
  • Websitehttps://www.fatpipe.com

Leadership

  • Dr. Ragula Bhaskar Ph.D.Co-Founder, Chairman & CEO · b. 1959
  • Ms. Sanchaita DattaCo-Founder, President, CTO & Director · b. 1964

Financials

Income Statement

Currency: USD2022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue12.40M15.80M17.86M16.29M19.21M
Growth (%)-+27.41%+13.07%-8.80%+17.92%
Cost of Revenue691.61K1.10M1.07M1.06M1.73M
Gross Profit11.71M14.69M16.79M15.23M17.48M
Gross Margin94.42%93.02%94.01%93.48%91.00%
Operating Expense11.93M11.45M11.15M11.76M13.89M
Operating Income-224.13K3.24M5.64M3.47M3.59M
Operating Margin-1.81%20.51%31.57%21.31%18.69%
EBITDA1.03M3.83M6.60M4.16M4.33M
EBITDA Margin8.32%24.25%36.95%25.56%22.55%
Net Income483.73K2.91M4.37M1.97M4.97M
Net Income Margin3.90%18.43%24.45%12.07%25.87%
R&D1.63M1.80M1.74M1.79M1.91M
R&D as % of Total Revenue13.19%11.38%9.73%10.97%9.92%
Interest Expense31.27K107.13K302.12K329.89K475.07K
Interest Expense % of Total Revenue0.25%0.68%1.69%2.03%2.47%

Balance Sheet

Currency: USD2022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets10.82M15.73M21.44M28.29M34.52M
Total Liabilities4.04M6.17M7.39M12.36M9.31M
Total Equity6.57M9.37M13.94M15.93M25.22M
Cash1.38M1.08M1.11M2.92M5.21M
Total Debt942.18K2.63M2.83M6.59M5.71M
Net Debt-433.67K1.55M1.72M3.67M493.35K

Cash Flow

Currency: USD2022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-190.61K-1.84M-363.43K-504.12K-780.39K
Investing Cash Flow-38.35K-163.53K-19.19K-19.76K-52.48K
Financing Cash Flow-481.72K1.69M205.68K2.49M3.32M
Capital Expenditure38.35K163.53K19.19K19.76K52.48K
Free Cash Flow-228.97K-2.01M-382.61K-523.89K-832.88K
FCF to OCF120.12%108.88%105.28%103.92%106.73%

Earnings

Report DateMar 11, 2025Jun 30, 2025Jul 30, 2025Nov 4, 2025Feb 2, 2026May 18, 2026Jul 30, 2026Nov 2, 2026
EPS Estimate0.000.00---0.100.070.04
EPS Actual0.01-0.030.05-0.000.020.340.09-
Surprise-----242.10%28.57%-
Timing---Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap75.02M
Enterprise Value75.67M
Trailing P/E13.62
Forward P/E11.21
Price / Sales3.69
Price / Book2.81
EPS0.39
Book Value1.88
Revenue (TTM)20.30M
Gross Profit (TTM)18.41M
EBITDA3.81M
Profit Margin26.80%
Operating Margin17.92%
Return on Equity23.26%
Return on Assets6.46%
Shares Outstanding14.13M
Shares Float7.84M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
5.72%
Insiders
55.64%
Retail / Other
38.64%

Top Institutional Holders

  • Torrey Growth & Income Advisors, LLC
    210.45K1.49%
  • Citadel Advisors Llc
    29.59K0.21%
  • Essex Investment Management Company, LLC
    29.05K0.21%
  • BlackRock Inc
    21.68K0.15%
  • UBS Group AG
    1.11K0.01%
  • Advisor Group Holdings, Inc.
    1.00K0.01%
  • Royal Bank of Canada
    870.00%
  • Wells Fargo & Co
    100.00%
  • Citigroup Inc
    10.00%
  • Renaissance Technologies Corp
    00.00%
  • Two Sigma Investments LLC
    00.00%
  • Grandeur Peak Global Advisors, LLC
    00.00%

Top Fund Holders

  • Auer Growth
    305.00K2.16%
  • iShares Micro-Cap ETF
    25.07K0.18%
  • Grandeur Peak Global Micro Cap Instl
    24.47K0.17%
  • Fidelity Nasdaq Composite Index
    9.39K0.07%
  • 1290 VT Micro Cap K
    1.78K0.01%
  • Victory Extended Market Index
    1.02K0.01%