FatPipe Inc. has released its financial results for the fiscal year ending March 31, 2025. The company reported total revenues of $16.29 million, a decrease from the $17.86 million recorded in the previous year. The cost of revenues slightly decreased to $1.06 million from $1.07 million, resulting in a gross profit of $15.23 million, down from $16.79 million in the prior year. Operating expenses increased to $11.76 million from $11.15 million, driven by higher sales and marketing expenses, which rose to $3.75 million from $3.40 million. General and administrative expenses also increased to $3.42 million from $3.15 million, while product development expenses were slightly up at $1.79 million compared to $1.74 million in the previous year. Employee costs decreased to $2.79 million from $2.87 million. FatPipe continues to emphasize investment in research and development, with teams located in Salt Lake City, Utah, and Chennai, India. The company maintains its focus on providing integrated software solutions, including SD-WAN, security, and network management capabilities, delivered on various platforms such as commodity network servers and cloud environments. The report did not include any specific outlook or guidance for the upcoming fiscal year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FatPipe Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017162), on June 30, 2025, and is solely responsible for the information contained therein.
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