FATN Chart
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, 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 2010 and is headquartered in Salt Lake City, Utah.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Infrastructur Market Cap 25.76M
Enterprise Value 25.39M Income 653.78K Sales 15.78M
Book/sh 1.52 Cash/sh 0.44 Dividend Yield
Payout 0.00% Employees 154 IPO
P/E 37.00 Forward P/E PEG
P/S 1.63 P/B 1.22 P/C
EV/EBITDA 12.61 EV/Sales 1.61 Quick Ratio 2.65
Current Ratio 2.71 Debt/Eq 27.39 LT Debt/Eq
EPS (ttm) 0.05 EPS next Y EPS Growth 3.28%
Revenue Growth 29.80% Earnings 2026-05-26 ROA 3.37%
ROE 3.39% ROIC Gross Margin 92.31%
Oper. Margin 9.84% Profit Margin 4.14% Shs Outstand 13.92M
Shs Float 6.23M Short Float 0.86% Short Ratio 0.02
Short Interest 52W High 23.27 52W Low 1.31
Beta Avg Volume 1.37M Volume 14.92K
Target Price $5.00 Recom None Prev Close $1.85
Price $1.85 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.00
Mean price target
2. Current target
$1.85
Latest analyst target
3. DCF / Fair value
$1.87
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.85
Low
$5.00
High
$5.00
Mean
$5.00
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 4500 9625 Purchase at price 2.12 - 2.17 per share. DATTA SANCHAITA Director and Beneficial Owner of more than 10% of a Class of Security 2025-01-15 00:00:00 D
Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems28.75K6.95K-4.06K6.97K
TaxRateForCalcs0.280.260.080.07
NormalizedEBITDA4.06M6.57M3.88M928.08K
TotalUnusualItems101.38K27.18K-49.97K103.82K
TotalUnusualItemsExcludingGoodwill101.38K27.18K-49.97K103.82K
NetIncomeFromContinuingOperationNetMinorityInterest1.97M4.37M2.91M483.73K
ReconciledDepreciation545.71K699.26K582.33K513.75K
ReconciledCostOfRevenue1.06M1.07M1.10M691.61K
EBITDA4.16M6.60M3.83M1.03M
EBIT3.62M5.90M3.25M518.15K
NetInterestIncome-287.20K-274.86K-107.00K53.03K
InterestExpense329.89K302.12K107.13K31.27K
InterestIncome42.69K27.26K134.0084.30K
NormalizedIncome1.89M4.35M2.96M386.88K
NetIncomeFromContinuingAndDiscontinuedOperation1.97M4.37M2.91M483.73K
TotalExpenses12.82M12.22M12.56M12.62M
TotalOperatingIncomeAsReported3.47M5.64M3.24M-224.13K
DilutedAverageShares13.72M13.77M13.72M15.09M
BasicAverageShares13.72M13.72M13.72M13.72M
DilutedEPS0.140.320.210.04
BasicEPS0.140.320.210.04
DilutedNIAvailtoComStockholders1.97M4.37M2.91M483.73K
NetIncomeCommonStockholders1.97M4.37M2.91M483.73K
NetIncome1.97M4.37M2.91M483.73K
MinorityInterests13.51K87.03K25.98K29.54K
NetIncomeIncludingNoncontrollingInterests1.95M4.28M2.89M454.19K
NetIncomeContinuousOperations1.95M4.28M2.89M454.19K
TaxProvision1.33M1.32M255.46K32.69K
PretaxIncome3.29M5.60M3.14M486.88K
OtherIncomeExpense103.21K234.85K9.14K657.99K
OtherNonOperatingIncomeExpenses1.83K207.66K59.11K554.16K
GainOnSaleOfSecurity101.38K27.18K-49.97K103.82K
NetNonOperatingInterestIncomeExpense-287.20K-274.86K-107.00K53.03K
InterestExpenseNonOperating329.89K302.12K107.13K31.27K
InterestIncomeNonOperating42.69K27.26K134.0084.30K
OperatingIncome3.47M5.64M3.24M-224.14K
OperatingExpense11.76M11.15M11.45M11.93M
ResearchAndDevelopment1.79M1.74M1.80M1.63M
SellingGeneralAndAdministration9.97M9.42M9.66M10.30M
SellingAndMarketingExpense3.75M3.40M3.35M3.12M
GeneralAndAdministrativeExpense6.21M6.02M6.31M7.17M
OtherGandA3.42M3.15M3.63M4.34M
SalariesAndWages2.79M2.87M2.68M2.83M
GrossProfit15.23M16.79M14.69M11.71M
CostOfRevenue1.06M1.07M1.10M691.61K
TotalRevenue16.29M17.86M15.80M12.40M
OperatingRevenue16.29M17.86M15.80M12.40M
Line Item2025-03-312024-03-312023-03-312022-03-31
OrdinarySharesNumber13.72M13.72M13.72M13.72M
ShareIssued13.72M13.72M13.72M13.72M
NetDebt2.19M1.51M922.50K
TotalDebt6.59M2.83M2.63M942.18K
TangibleBookValue14.88M12.38M7.19M3.92M
InvestedCapital21.03M16.56M11.37M7.51M
WorkingCapital6.47M4.62M3.28M3.12M
NetTangibleAssets14.88M12.38M7.19M3.92M
CapitalLeaseObligations1.48M214.72K629.04K
CommonStockEquity15.93M13.94M9.37M6.57M
TotalCapitalization20.57M16.44M11.37M7.42M
TotalEquityGrossMinorityInterest15.93M14.05M9.56M6.78M
MinorityInterest0.00112.65K190.29K215.41K
StockholdersEquity15.93M13.94M9.37M6.57M
OtherEquityInterest1.00
GainsLossesNotAffectingRetainedEarnings3.10M3.25M3.05M3.03M
OtherEquityAdjustments3.10M3.25M3.05M3.03M
RetainedEarnings11.11M9.04M4.67M1.89M
AdditionalPaidInCapital1.59M1.52M1.52M1.52M
CapitalStock130.26K124.49K124.49K124.49K
CommonStock130.26K124.49K124.49K124.49K
TotalLiabilitiesNetMinorityInterest12.36M7.39M6.17M4.04M
TotalNonCurrentLiabilitiesNetMinorityInterest5.87M2.67M2.22M855.83K
OtherNonCurrentLiabilities116.99K116.01K
LongTermDebtAndCapitalLeaseObligation5.76M2.55M2.22M855.83K
LongTermCapitalLeaseObligation1.11M50.56K216.28K
LongTermDebt4.64M2.50M2.00M855.83K
CurrentLiabilities6.49M4.72M3.96M3.18M
OtherCurrentLiabilities91.67K455.75K
CurrentDeferredLiabilities4.33M3.20M1.85M2.23M
CurrentDeferredRevenue1.36M1.52M1.85M2.23M
CurrentDeferredTaxesLiabilities2.97M1.68M
CurrentDebtAndCapitalLeaseObligation830.10K284.15K412.76K86.35K
CurrentCapitalLeaseObligation366.68K164.15K412.76K
CurrentDebt463.42K120.00K86.35K
OtherCurrentBorrowings463.42K120.00K86.35K
CurrentProvisions3.00K
PayablesAndAccruedExpenses1.24M776.39K1.69M861.11K
CurrentAccruedExpenses18.97K168.28K1.45M786.60K
Payables1.22M608.11K241.11K74.51K
OtherPayable782.16K190.58K
AccountsPayable437.25K417.53K241.11K74.51K
TotalAssets28.29M21.44M15.73M10.82M
TotalNonCurrentAssets15.33M12.10M8.49M4.51M
OtherNonCurrentAssets379.08K186.91K108.11K126.13K
NonCurrentDeferredAssets76.91K117.45K0.00
NonCurrentDeferredTaxesAssets76.91K117.45K0.00
NonCurrentAccountsReceivable12.31M9.96M5.41M1.61M
InvestmentsAndAdvances0.000.00
GoodwillAndOtherIntangibleAssets1.05M1.56M2.18M2.64M
OtherIntangibleAssets1.05M1.56M
NetPPE1.51M280.48K801.16K139.89K
AccumulatedDepreciation-692.44K-658.03K
GrossPPE2.21M938.50K801.16K139.89K
OtherProperties1.46M204.98K801.16K139.89K
MachineryFurnitureEquipment750.29K733.53K
CurrentAssets12.96M9.34M7.24M6.31M
OtherCurrentAssets666.38K582.39K1.00M138.84K
Inventory419.68K113.52K355.95K655.99K
Receivables8.96M7.53M4.80M4.13M
OtherReceivables5.19M4.36M2.38M1.58M
AccountsReceivable3.76M3.16M2.42M2.56M
CashCashEquivalentsAndShortTermInvestments2.92M1.11M1.08M1.38M
CashAndCashEquivalents2.92M1.11M1.08M1.38M
CashFinancial2.92M1.11M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow-523.89K-382.61K-2.01M-228.97K
RepaymentOfDebt-3.03M-414.32K-942.18K-1.34M
IssuanceOfDebt5.51M500.00K2.63M855.83K
CapitalExpenditure-19.76K-19.19K-163.53K-38.35K
InterestPaidSupplementalData329.89K302.12K107.13K31.27K
EndCashPosition2.92M1.11M1.08M1.38M
BeginningCashPosition1.11M1.08M1.38M2.21M
EffectOfExchangeRateChanges-153.82K211.95K20.55K-125.46K
ChangesInCash1.96M-176.94K-318.90K-710.69K
FinancingCashFlow2.49M205.68K1.69M-481.72K
CashFlowFromContinuingFinancingActivities2.49M205.68K1.69M-481.72K
NetOtherFinancingCharges120.00K
NetIssuancePaymentsOfDebt2.49M85.68K1.69M-481.72K
NetLongTermDebtIssuance2.49M85.68K1.69M-481.72K
LongTermDebtPayments-3.03M-414.32K-942.18K-1.34M
LongTermDebtIssuance5.51M500.00K2.63M855.83K
InvestingCashFlow-19.76K-19.19K-163.53K-38.35K
CashFlowFromContinuingInvestingActivities-19.76K-19.19K-163.53K-38.35K
NetIntangiblesPurchaseAndSale-3.00K0.00-2.94K
PurchaseOfIntangibles-3.00K0.00-2.94K
NetPPEPurchaseAndSale-16.76K-19.19K-163.53K-35.42K
PurchaseOfPPE-16.76K-19.19K-163.53K-35.42K
OperatingCashFlow-504.12K-363.43K-1.84M-190.61K
CashFlowFromContinuingOperatingActivities-504.12K-363.43K-977.75K-190.61K
ChangeInWorkingCapital-3.77M-5.60M-4.38M-842.62K
ChangeInOtherWorkingCapital-160.78K-330.04K-384.98K228.94K
ChangeInOtherCurrentLiabilities16.61K526.43K0.00
ChangeInOtherCurrentAssets-276.15K342.13K-597.38K-220.81K
ChangeInPayablesAndAccruedExpense1.50M1.11M576.93K281.06K
ChangeInAccruedExpense1.48M929.04K410.55K356.61K
ChangeInPayable19.72K176.42K166.38K-75.55K
ChangeInAccountPayable19.72K176.42K166.38K-75.55K
ChangeInInventory-306.15K242.43K300.04K-574.77K
ChangeInReceivables-4.55M-7.49M-4.27M-557.03K
ChangesInAccountReceivables-1.10M-689.48K655.56K-1.10M
OtherNonCashItems420.93K-864.48K
ProvisionandWriteOffofAssets715.86K153.74K-323.12K232.96K
AssetImpairmentCharge52.94K54.75K0.00
DepreciationAmortizationDepletion545.71K699.26K582.33K513.75K
DepreciationAndAmortization545.71K699.26K582.33K513.75K
AmortizationCashFlow511.29K618.88K
AmortizationOfIntangibles511.29K618.88K
Depreciation34.42K80.38K
OperatingGainsLosses49.07K586.00-548.90K
NetIncomeFromContinuingOperations1.95M4.28M3.14M454.19K
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for FATN
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status