Fatpipe Inc/UT
For the period ended Mar 31, 2026. Filed May 18, 2026.
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FY2026 · Filed May 18, 2026
FATN$4.54+2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Income
| Year Ended | ||
|---|---|---|
| March 31, | ||
| 2026 | 2025 | |
| Revenues | $19,208,294 | $16,288,881 |
| Cost of revenues | 1,728,384 | 1,061,647 |
| Gross profit | 17,479,910 | 15,227,234 |
| Operating expenses: | ||
| Sales and marketing | 4,791,906 | 3,753,948 |
| General and administrative | 4,759,653 | 3,422,596 |
| Product development | 1,905,042 | 1,787,128 |
| Employee cost | 2,433,939 | 2,791,816 |
| Total operating expenses | 13,890,540 | 11,755,488 |
| Income (loss) from operations | 3,589,370 | 3,471,746 |
| Other income (expense), net: | ||
| Interest income | 125,185 | 42,688 |
| Other Income | - | 1,831 |
| Foreign exchange gain/(loss) | 246,874 | 101,383 |
| Interest expense | (475,071) | (329,892) |
| Total other income (expense), net | (103,012) | (183,990) |
| Income (loss) before benefit/(provision) for taxes | 3,486,358 | 3,287,756 |
| Income tax benefit/(provision) | 1,483,603 | (1,294,312) |
| Deferred tax asset / (liability) | - | (40,550) |
| Net income | 4,969,961 | 1,952,894 |
| Less: Net loss attributable to non-controlling interests | - | (13,514) |
| Net income attributable to stockholders | $4,969,961 | $1,966,408 |
| Net income per common share - basic | $0.36 | $0.15 |
| Net income per common share - diluted | $0.35 | $0.15 |
| Weighted average common shares outstanding - basic | 13,882,787 | 12,858,852 |
| Weighted average common shares outstanding - diluted | 14,006,392 | 12,858,852 |
| Net income | $4,969,961 | $1,952,894 |
| Other comprehensive income (loss): | ||
| Foreign currency translation adjustment | (192,030) | (153,822) |
| Total other comprehensive income, net of tax | (192,030) | (153,822) |
| Comprehensive income (loss) | 4,777,931 | 1,799,072 |
| Less: Comprehensive loss attributable to non-controlling interests | - | (13,139) |
| Comprehensive income attributable to stockholders | $4,777,931 | $1,812,211 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.