Fatpipe Inc. director and 10% owner Sanchaita Datta reported open-market purchases of company common stock. Between January 13 and 15, 2025, Datta bought a total of 4,500 shares of Fatpipe Inc. (FATN) at prices between $2.12 and $2.17 per share.
After these transactions, Datta directly beneficially owned 1,550,742 shares of Fatpipe common stock. All reported trades were coded “P,” indicating purchases of non-derivative common shares, with no derivative securities reported.
FatPipe, Inc. (FATN) reported Q2 FY2026 results, with revenue of $3,959,231, down year over year due to two large contracts in the prior-year quarter. Gross profit was $3,646,327 and gross margin was 92%. Operating expenses rose, led by sales and marketing at $1,202,636 and general and administrative at $1,392,675. The quarter recorded a small net loss of $43,387.
For the six months ended September 30, 2025, revenue was $7,895,154 (down 16% year over year), gross margin was 93%, and net income was $697,808. Cash increased to $6,229,021, supported by IPO net proceeds of approximately $3,700,000. Deferred revenue was $1,100,715 and remaining performance obligations totaled $2,544,276. Notes payable were $4,761,027 (current $577,706). Customer concentration was high, with three partners contributing 56.33% of six‑month revenue, including Partner A at 49.03%. Shares outstanding were 13,924,468 as of November 3, 2025.