Fatpipe Inc/UT
For the period ended Mar 31, 2025. Filed Jun 30, 2025.
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FY2025 · Filed Jun 30, 2025
FATN$4.54+2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| Year Ended | |||
|---|---|---|---|
| March 31, | |||
| 2025 · 2024 | |||
| Cash Flows From Operating Activities | |||
| Net income | $1,952,894 | $4,279,680 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 545,709 | 699,257 | |
| Allowance for contract receivables | 272,059 | 262,167 | |
| Allowance for accounts receivables | 443,804 | 88,592 | |
| Loss on sale of asset | - | 49,067 | |
| Bad debts written off during the year | 52,942 | 54,754 | |
| Reversal of allowances accounts receivables | - | (197,024) | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (1,098,120) | (689,481) | |
| Contracts receivable | (3,447,334) | (6,796,849) | |
| Inventories | (306,155) | 242,428 | |
| Other current assets | (83,984) | 420,932 | |
| Accounts payable | 19,724 | 176,419 | |
| Other non-current liabilities | 981 | 116,007 | |
| Other assets | (192,171) | (78,798) | |
| Accrued expenses and other current liabilities | 1,480,674 | 929,038 | |
| Operating lease liability, net | 15,633 | 410,424 | |
| Deferred revenue | (160,780) | (330,038) | |
| Net cash used in operating activities | (504,124) | (363,425) | |
| Cash Flows From Investing Activities | |||
| Purchase of equipment | (16,762) | (19,188) | |
| Investment in Intangible | (3,000) | - | |
| Net cash used in investing activities | (19,762) | (19,188) | |
| Cash Flows From Financing Activities | |||
| Proceeds from debt | 5,513,652 | 500,000 | |
| Repayment of debt | (3,027,913) | - | |
| Proceeds from related parties | - | 120,000 | |
| Repayment of financing obligation of lease | - | (414,322) | |
| Net cash provided by financing activities | 2,485,739 | 205,678 | |
| Effect of exchange rate changes on cash and cash equivalents | (153,822) | 211,952 | |
| Net change in cash and cash equivalents | 1,808,031 | 35,017 | |
| Cash and cash equivalents: | |||
| Beginning of the year | 1,112,519 | 1,077,502 | |
| End of the year | $2,920,550 | $1,112,519 | |
| Supplemental Disclosure of Cash Flow Information | |||
| Cash paid for interest | $329,892 | $302,124 | |
| Supplemental Disclosure of Non-Cash Investing Activities and Financing Activities: | |||
| Right of use assets obtained in exchange of new lease liabilities | $1,319,422 | $ | - |
| Issuance of shares for purchase of non-controlling interest | $76,124 | $ | - |
FatPipe and its Subsidiaries
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