Fatpipe, Inc. (FATN) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 59.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.08
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 154
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): N/A
• Shares Outstanding: 13,826,468
• 10 Day Avg. Volume: 29,707
• 30 Day Avg. Volume: 59,406
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 10.00T>
• Enterprise Value/Revenue: 12.60
• Enterprise Value/Gross Profit: 13.42
• Enterprise Value/Ebitda: -2.79K
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: $4.50 ▲(2.97% Upside)

Fatpipe, Inc. faces significant challenges with negative cash flows and bearish technical indicators, which weigh heavily on its stock score. While the company has strong revenue growth, the lack of valuation metrics and declining profitability margins contribute to a cautious outlook.

Fatpipe, Inc. Business Overview & Revenue Model

Company Description

Fatpipe, Inc. (FATN) is a company that specializes in the development and provision of advanced networking equipment and solutions. It operates primarily in the technology and telecommunications sectors, focusing on products that enhance network reliability, security, and performance. The company's core offerings include wide-area network (WAN) optimization tools, software-defined networking solutions, and other related technologies designed to improve internet connectivity and data management for businesses.

How the Company Makes Money

Fatpipe, Inc. generates revenue through the sale of its networking products and solutions to businesses and organizations requiring enhanced internet performance and security. Key revenue streams include the direct sale of hardware and software solutions, as well as ongoing service contracts for support and maintenance. The company may also earn income from licensing its technologies to other firms and through strategic partnerships with telecommunications providers who integrate Fatpipe's solutions into their own service offerings.

Fatpipe, Inc. Financial Statement Overview

Summary

Fatpipe, Inc. exhibits strong revenue growth and a stable equity base, but faces challenges with declining profitability margins, increasing leverage, and negative cash flows. These factors pose significant risks and highlight the need for improved cash management strategies.

Income Statement

Fatpipe, Inc. has demonstrated consistent revenue growth over the years, with a notable increase from 2022 to 2025. However, the net profit margin decreased significantly in the most recent year, driven by a substantial drop in net income. The gross profit margin remains strong, reflecting effective cost management. EBIT and EBITDA margins have decreased recently, indicating pressure on operating profitability.

Balance Sheet

The company's balance sheet shows a healthy equity ratio, suggesting a stable financial structure with a solid ownership stake in assets. However, the debt-to-equity ratio has increased over time, indicating rising leverage which could pose a risk. Return on equity has been volatile but generally positive, reflecting the company's ability to generate returns on shareholders' investments.

Cash Flow

Fatpipe, Inc. faces challenges with negative free cash flow and operating cash flow, which could impede its ability to finance operations without external funding. The operating cash flow to net income ratio is negative, indicating inefficiencies in converting revenue into cash. Cash flow management needs improvement to ensure long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.83M	16.29M	17.86M	15.80M	12.40M
Gross Profit	10.17M	15.23M	16.79M	14.69M	11.71M
EBITDA	-48.98K	4.16M	6.60M	3.83M	1.03M
Net Income	2.41M	1.97M	4.37M	2.91M	483.73K
Balance Sheet
Total Assets	32.02M	28.29M	21.44M	15.73M	10.82M
Cash, Cash Equivalents and Short-Term Investments	5.91M	2.92M	1.11M	1.08M	1.38M
Total Debt	6.31M	6.59M	2.83M	2.63M	942.18K
Total Liabilities	11.62M	12.36M	7.39M	6.17M	4.04M
Stockholders Equity	20.40M	15.93M	13.94M	9.37M	6.57M
Cash Flow
Free Cash Flow	-1.23M	-523.89K	-382.61K	-2.01M	-228.97K
Operating Cash Flow	-1.23M	-504.12K	-363.43K	-1.84M	-190.61K
Investing Cash Flow	-57.59K	-19.76K	-19.19K	-163.53K	-38.35K
Financing Cash Flow	6.30M	2.49M	205.68K	1.69M	-481.72K

Fatpipe, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OSPN	―	$469.25M	8.36	26.86%	2.32%	-1.43%	101.80%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CGNT	―	$645.45M	―	-2.26%	―	―	―
CETX	―	$3.15M	<0.01	-1102.76%	―	16.50%	―
FATN	―	―	―	―	―	―	―
INTZ	―	$36.82M	―	-111.75%	―	25.86%	85.97%