Fatpipe Inc/UT FATN
Services-Prepackaged Software · CIK 0001993400 · Fiscal year ends 0331
Revenue
$5.03M
Fiscal year ended 2026-06-30Operating income
$901.46K
Fiscal year ended 2026-06-30Free cash flow
—Unavailable
Fiscal year ended 2026-06-30Valuation, from the filing
| Public float | $41.80M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-09-30 |
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| Float per share | $2.98 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
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| Float / net income | 8.4× | A lower bound on the multiple, because affiliate holdings are excluded. |
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| Float / revenue | 2.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
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| Float / equity | 1.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
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Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-09-30, not today, and each multiple below it uses the figures for the fiscal year ending 2026-03-31 — the year that filing covered.
How this compares in its industry
Percentile among the Services-Prepackaged Software filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
Fatpipe Inc/UT (FATN) reported revenue of $5.03M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Fatpipe Inc/UT’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.
Income
Fatpipe Inc/UT income by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-06-30 | 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 |
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| Revenue | $5.03M | $13.55M | $4.09M | $3.96M | $3.94M | $3.79M | $3.15M | $5.60M | $3.75M | —Unavailable |
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| Cost of revenue | $390.06K | $684.73K | $503.82K | $312.90K | $226.93K | $168.78K | $379.87K | $229.32K | $283.68K | —Unavailable |
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| Gross profit | $4.64M | $6.54M | $3.58M | $3.65M | $3.71M | $3.63M | $2.77M | $5.37M | $3.47M | —Unavailable |
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| Operating income | $901.46K | $2.19M | $402.42K | -$793 | $1.00M | $163.70K | $184.83K | $2.26M | $859.84K | —Unavailable |
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| Net income | —Unavailable | —Unavailable | —Unavailable | -$43.39K | $741.20K | —Unavailable | —Unavailable | $1.61M | $625.49K | —Unavailable |
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| Research & development | $527.04K | $487.89K | $453.54K | —Unavailable | $474.46K | $479.66K | $448.57K | —Unavailable | —Unavailable | —Unavailable |
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| Weighted-average diluted shares | shares 14.09M | —Unavailable | shares 13.92M | shares 13.89M | shares 13.83M | —Unavailable | shares 13.03M | shares 12.74M | shares 12.45M | —Unavailable |
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| Pretax income | $855.40K | $2.19M | $400.85K | -$55.98K | $956.38K | $192.09K | $144.43K | $2.18M | $772.48K | —Unavailable |
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| Income tax expense | -$370.92K | -$1.78M | $90.19K | -$12.60K | $215.18K | $519.74K | $60.05K | $551.12K | $163.40K | —Unavailable |
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| Diluted EPS | $0.09 | —Unavailable | $0.02 | $0.00 | $0.05 | —Unavailable | $0.01 | $0.13 | $0.05 | —Unavailable |
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| Selling, general & administrative | $2.52M | $3.21M | $2.11M | $2.60M | $1.64M | $2.01M | $1.46M | $2.10M | $1.60M | —Unavailable |
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| General & administrative | $1.16M | $1.95M | $828.35K | $1.39M | $587.00K | $1.08M | $573.91K | $1.18M | $581.12K | —Unavailable |
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| Selling & marketing | $1.36M | $1.25M | $1.28M | $1.20M | $1.05M | $931.08K | $888.55K | $919.39K | $1.01M | —Unavailable |
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Balance
Fatpipe Inc/UT balance by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-06-30 | 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 |
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| Cash & equivalents | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | $2.92M | —Unavailable | —Unavailable | —Unavailable | $1.11M |
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| Total assets | $35.48M | $34.52M | $32.38M | $32.24M | $32.02M | $28.29M | —Unavailable | —Unavailable | —Unavailable | $21.44M |
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| Current assets | $16.40M | $16.46M | $16.57M | $16.60M | $16.34M | $12.96M | —Unavailable | —Unavailable | —Unavailable | $9.34M |
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| Total liabilities | $8.96M | $9.31M | $11.22M | $11.26M | $11.62M | $12.36M | —Unavailable | —Unavailable | —Unavailable | $7.39M |
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| Current liabilities | $4.12M | $4.27M | $6.12M | $6.05M | $6.30M | $6.49M | —Unavailable | —Unavailable | —Unavailable | $4.72M |
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| Total equity incl. NCI | $26.52M | $25.22M | $21.16M | $20.99M | $20.40M | $15.93M | $16.65M | $16.26M | $14.57M | $14.05M |
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| Temporary (mezzanine) equity | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Inventory | $769.90K | $445.84K | $167.35K | $328.74K | $408.16K | $419.68K | —Unavailable | —Unavailable | —Unavailable | $113.52K |
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| Accounts receivable | $4.05M | $4.30M | $4.41M | $4.33M | $3.97M | $3.76M | —Unavailable | —Unavailable | —Unavailable | $3.16M |
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| Goodwill | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Long-term debt | $4.53M | $4.62M | $4.60M | $4.76M | $4.91M | $4.97M | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Accounts payable | $632.00K | $390.17K | $352.18K | $294.76K | $310.23K | $437.25K | —Unavailable | —Unavailable | —Unavailable | $417.53K |
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Cash flow
Fatpipe Inc/UT cash flow by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-06-30 | 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 |
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| Operating cash flow | -$679.05K | -$912.52K | $240.90K | $399.84K | -$508.60K | -$189.97K | -$109.98K | $48.29K | -$252.46K | —Unavailable |
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| Capital expenditures | —Unavailable | —Unavailable | —Unavailable | —Unavailable | $42.45K | —Unavailable | —Unavailable | —Unavailable | $1.96K | —Unavailable |
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| Investing cash flow | -$4.52K | -$8.51K | -$8.52K | $7.00K | -$42.45K | -$7.01K | -$24.98K | $17.18K | -$4.96K | —Unavailable |
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| Financing cash flow | -$92.73K | $23.33K | -$285.38K | -$12.06K | $3.59M | $1.97M | $601.08K | —Unavailable | —Unavailable | —Unavailable |
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| Net change in cash | -$906.43K | -$948.44K | -$65.81K | $322.03K | $2.99M | $1.30M | $770.31K | $78.01K | -$344.68K | —Unavailable |
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| Stock-based compensation | $204.29K | $145.00K | $0 | $625.22K | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Common dividends paid | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Common share repurchases | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Depreciation & amortization | $43.11K | $70.35K | $102.84K | $104.11K | $91.96K | $146.36K | $132.66K | $133.15K | $133.54K | —Unavailable |
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Derived
Fatpipe Inc/UT derived by fiscal year, in US dollars, normalized from SEC filings.| Metric | 2026-06-30 | 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 |
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| Free cash flow | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | -$254.42K | —Unavailable |
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| Gross margin | 92.2% | 48.3% | 87.7% | 92.1% | 94.2% | 95.6% | 87.9% | 95.9% | 92.4% | —Unavailable |
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| Operating margin | 17.9% | 16.1% | 9.8% | -0.0% | 25.5% | 4.3% | 5.9% | 40.4% | 22.9% | —Unavailable |
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| FCF margin | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | -6.8% | —Unavailable |
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| SBC / revenue | 4.1% | 1.1% | 0.0% | 15.8% | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Current ratio | 3.98x | 3.85x | 2.71x | 2.74x | 2.59x | 2.00x | —Unavailable | —Unavailable | —Unavailable | 1.98x |
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| Revenue YoY growth | 27.8% | 257.2% | 29.8% | -29.2% | 4.9% | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Net margin | —Unavailable | —Unavailable | —Unavailable | -1.1% | —Unavailable | —Unavailable | —Unavailable | 28.8% | 16.7% | —Unavailable |
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| R&D / revenue | 10.5% | 3.6% | 11.1% | —Unavailable | 12.1% | 12.6% | 14.2% | —Unavailable | —Unavailable | —Unavailable |
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| CapEx / revenue | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | 0.1% | —Unavailable |
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| Long-term debt / equity | 0.17x | —Unavailable | 0.22x | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable | —Unavailable |
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| Effective tax rate | -43.4% | -81.3% | 22.5% | —Unavailable | 22.5% | 270.6% | 41.6% | 25.3% | 21.2% | —Unavailable |
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Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FATN in the interactive workspace to inspect any figure back to its filing.
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.