Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$3.78, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Software industry in the US. Total loss to shareholders of 61% over the past year. Reported Earnings • May 20
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: US$0.36 (up from US$0.15 in FY 2025). Revenue: US$19.2m (up 18% from FY 2025). Net income: US$4.97m (up 153% from FY 2025). Profit margin: 26% (up from 12% in FY 2025). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 84%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in the US. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$2.52, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Software industry in the US. Total loss to shareholders of 70% over the past year. Duyuru • Apr 16
FatPipe, Inc. to Report Q4, 2026 Results on May 18, 2026 FatPipe, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on May 18, 2026 Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$2.43, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Software industry in the US. Total loss to shareholders of 70% over the past year. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to US$2.38, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Software industry in the US. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.56, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Software industry in the US. Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: US$0.022 (vs US$0.007 in 3Q 2025) Third quarter 2026 results: EPS: US$0.022 (up from US$0.007 in 3Q 2025). Revenue: US$4.09m (up 30% from 3Q 2025). Net income: US$310.7k (up 268% from 3Q 2025). Profit margin: 7.6% (up from 2.7% in 3Q 2025). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.73, the stock trades at a trailing P/E ratio of 56.4x. Average trailing P/E is 30x in the Software industry in the US. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$2.02, the stock trades at a trailing P/E ratio of 65.8x. Average trailing P/E is 32x in the Software industry in the US. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$2.26, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 33x in the Software industry in the US. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to US$2.20, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 32x in the Software industry in the US. Reported Earnings • Nov 04
Second quarter 2026 earnings released: US$0.003 loss per share (vs US$0.13 profit in 2Q 2025) Second quarter 2026 results: US$0.003 loss per share (down from US$0.13 profit in 2Q 2025). Revenue: US$3.96m (down 29% from 2Q 2025). Net loss: US$43.4k (down 103% from profit in 2Q 2025). Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to US$5.41, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 35x in the Software industry in the US. New Risk • Sep 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (US$83.1m market cap). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to US$8.89, the stock trades at a trailing P/E ratio of 59x. Average trailing P/E is 35x in the Software industry in the US. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$5.86, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 39x in the Software industry in the US. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: US$0.054 (vs US$0.086 in 1Q 2025) First quarter 2026 results: EPS: US$0.054 (down from US$0.086 in 1Q 2025). Revenue: US$3.94m (down 16% from 1Q 2025). Net income: US$741.2k (down 34% from 1Q 2025). Profit margin: 19% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$7.82, the stock trades at a trailing P/E ratio of 54.9x. Average trailing P/E is 43x in the Software industry in the US. Reported Earnings • Jul 02
Full year 2025 earnings released: EPS: US$0.15 (vs US$0.35 in FY 2024) Full year 2025 results: EPS: US$0.15 (down from US$0.35 in FY 2024). Revenue: US$16.3m (down 8.8% from FY 2024). Net income: US$1.97m (down 55% from FY 2024). Profit margin: 12% (down from 24% in FY 2024). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$9.84, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 42x in the Software industry in the US. Duyuru • May 15
FatPipe Inc. Launches VMware VeloCloud Replacement Program to Help Enterprises Upgrade to Advanced SD-WAN Solutions FatPipe, Inc. announced the launch of its VeloCloud Replacement Program, a strategic initiative designed to help enterprises seamlessly transition from legacy VeloCloud SD-WAN deployments to FatPipe's next-generation, high-performance, highly secure SD-WAN platform. With the recent changes in the SD-WAN landscape and evolving enterprise networking requirements, many organizations are seeking more flexible, secure, and cost-effective alternatives to existing solutions. This conversion opportunity represents a strategic growth lever for FatPipe, targeting legacy SD-WAN deployments worldwide. As organizations reevaluate their infrastructure, FatPipe's program aims to expand its footprint in the SD-WAN market expected to surpass $7 billion by 2027. The program is designed to not only drive new customer acquisition but also enhance FatPipe's recurring revenue through managed services and long-term software licensing. FatPipe's VeloCloud Replacement Program offers a compelling upgrade path, providing customers with: Zero-Cost Migration Assistance: A fully managed onboarding and transition plan, minimizing disruption to business operations. Trade-In Discounts: Special pricing and trade-in credits for existing VeloCloud hardware and licenses. Advanced SD-WAN Features: Superior application-aware routing, multi-line redundancy, edge security, and built-in single-stack cybersecurity. Multi-Cloud Connectivity: Native support for all major public cloud providers including AWS, Azure, and Google Cloud. Enhanced Security: Integrated firewall and cybersecurity, encryption, and compliance-ready architecture. Proven ROI: Reduced network costs and improved application performance. Managed and co-managed Network and cybersecurity monitoring. This initiative supports FatPipe's post-IPO growth strategy, leveraging new go-to-market investments to accelerate sales in North America and Asia-Pacific. By executing on this targeted expansion plan, FatPipe aims to build momentum in key markets, strengthen partner engagement, and scale recurring revenue streams--positioning the company to deliver long-term value for customers and shareholders alike. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$9.05, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 33x in the Software industry in the US. Duyuru • May 10
FatPipe, Inc. Appoints Tom Aufiero as SVP of Sales, Cybersecurity FatPipe, Inc. announced Tom Aufiero, appointed as SVP of Sales, Cybersecurity, brings decades of senior sales leadership experience, most recently serving as SVP of Cybersecurity Sales at AT&T, where he led a $600 million sales team. He will focus on expanding FatPipe's cybersecurity sales and advancing new go-to-market initiatives. Duyuru • Apr 11
Fatpipe, Inc. Raises the Bar with Single Stack Network Security and Cybersecurity for Ease of Deployment At an Affordable Price for SMBs FatPipe, Inc. announced its Total Security 360 product designed to provide advanced network security, cybersecurity, and real-time network and security monitoring. FatPipe Total Security 360 offers a single stack solution that includes SD-WAN, NextGen firewall, and cybersecurity, all in one package. FatPipe design reduces the complexity involved in cybersecurity deployment, making it easy for the customer to understand and deploy cybersecurity besides reducing their insurance costs. FatPipe provides proactive monitoring and timely alerts for swift threat detection and response. The consolidated, single-pane-of-glass view of network and cybersecurity eliminates the need for multiple dashboards thus delivering better visibility and situation awareness. Board Change • Apr 08
High number of new directors Independent Director I. Majumder was the last director to join the board, commencing their role in 2025. Duyuru • Apr 08
FatPipe, Inc. has completed an IPO in the amount of $4.000022 million. FatPipe, Inc. has completed an IPO in the amount of $4.000022 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 695,656
Price\Range: $5.75
Discount Per Security: $0.37
Transaction Features: Sponsor Backed Offering