FatPipe, Inc. Common Stock
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 man… Read more
FatPipe, Inc. Common Stock (FATN) - Net Assets
Latest net assets as of December 2025: $21.16 Million USD
Based on the latest financial reports, FatPipe, Inc. Common Stock (FATN) has net assets worth $21.16 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.38 Million) and total liabilities ($11.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $21.16 Million |
| % of Total Assets | 65.35% |
| Annual Growth Rate | 32.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.65 |
FatPipe, Inc. Common Stock - Net Assets Trend (2022–2025)
This chart illustrates how FatPipe, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FatPipe, Inc. Common Stock (2022–2025)
The table below shows the annual net assets of FatPipe, Inc. Common Stock from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $15.93 Million | +13.35% |
| 2024-03-31 | $14.05 Million | +46.99% |
| 2023-03-31 | $9.56 Million | +40.97% |
| 2022-03-31 | $6.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FatPipe, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 487.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.11 Million | 69.74% |
| Common Stock | $130.26K | 0.82% |
| Other Comprehensive Income | $3.10 Million | 19.47% |
| Other Components | $1.59 Million | 9.97% |
| Total Equity | $15.93 Million | 100.00% |
FatPipe, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of FatPipe, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TAFI Industries Bhd
KLSE:7211
|
$11.52 Million |
|
Coal Energy S.A.
WAR:CLE
|
$11.52 Million |
|
Zaklady Magnezytowe Ropczyce S.A.
WAR:RPC
|
$11.53 Million |
|
Unisync Corp
PINK:USYNF
|
$11.54 Million |
|
Lucent, Inc.
OTCQB:LUCN
|
$11.52 Million |
|
Bioqual Inc
PINK:BIOQ
|
$11.52 Million |
|
US NeuroSurgical Holdings Inc
PINK:USNU
|
$11.51 Million |
|
Harbor Bankshares Corporation
PINK:HRBK
|
$11.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FatPipe, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,937,467 to 15,925,317, a change of 1,987,850 (14.3%).
- Net income of 1,966,408 contributed positively to equity growth.
- Other comprehensive income decreased equity by 153,822.
- Other factors increased equity by 175,264.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.97 Million | +12.35% |
| Other Comprehensive Income | $-153.82K | -0.97% |
| Other Changes | $175.26K | +1.1% |
| Total Change | $- | 14.26% |
Book Value vs Market Value Analysis
This analysis compares FatPipe, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.88x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | $0.48 | $1.85 | x |
| 2023-03-31 | $0.68 | $1.85 | x |
| 2024-03-31 | $0.92 | $1.85 | x |
| 2025-03-31 | $1.24 | $1.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FatPipe, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.35%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.07%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.78x
- Recent ROE (12.35%) is below the historical average (20.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.37% | 3.90% | 1.15x | 1.65x | $-172.79K |
| 2023 | 31.08% | 18.43% | 1.00x | 1.68x | $1.97 Million |
| 2024 | 31.33% | 24.45% | 0.83x | 1.54x | $2.97 Million |
| 2025 | 12.35% | 12.07% | 0.58x | 1.78x | $373.88K |
Industry Comparison
This section compares FatPipe, Inc. Common Stock's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FatPipe, Inc. Common Stock (FATN) | $21.16 Million | 7.37% | 0.53x | $11.52 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |