Fatpipe Inc/UT (FATN) Financial Ratio Screen

NASDAQ Technology United States USD 32M
RATIOS FAIL*
Automated financial screen · activity assessed separately
Fatpipe Inc/UT (FATN) is potentially non-compliant in the automated ratio model. Fatpipe Inc/UT operates in the Technology sector.

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MSCI new-inclusion financial-ratio snapshot

FATN financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
23.3%
Pass vs 30%
Cash ratio
10.3%
Pass vs 30%
Receivables + cash
42.0%
Fail vs 30%
Impermissible income
0.3%
Pass vs 5%

Calculation date: 2026-09-01. Financial period used: March 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodMarch 2025Calculation date2026-09-01S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Software - Infrastructure) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: 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 manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user's WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2010 and is headquartered in Salt Lake City, Utah.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 23.3%
/ 30%
10.3%
/ 30%
42.0%
/ 30%
0.26%
/ 5%
RATIOS FAIL*
FTSE 23.3%
/ 33%
10.3%
/ 33%
42.0%
/ 50%
0.26%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
46.6
Forward: 46.6
EPS
$0.05
P/B Ratio
1.5
EV/EBITDA
15.9
EV: $32M
Revenue
$16M
Growth: 29.8%
Current Ratio
2.7

Profitability

Gross Margin 92.3%
Operating Margin 9.8%
Net Margin 4.1%
Return on Equity (ROE) 3.4%
Return on Assets (ROA) 3.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$504,124
Free Cash Flow-$523,886
Total Debt$7M
Debt-to-Equity27.4
Current Ratio2.7
Total Assets$28M

Price & Trading

Last Close$2.38
50-Day MA$1.86
200-Day MA$4.48
Avg Volume1.3M
52-Week Range
$1.31
$23.27

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period March 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Fatpipe Inc/UT (FATN)

CEO
Dr. Ragula Bhaskar Ph.D.
Employees
154
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap (listing currency)
USD 32M
Currency
USD

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 manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user's WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2010 and is headquartered in Salt Lake City, Utah.

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Frequently Asked Questions

Is Fatpipe Inc/UT (FATN) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Fatpipe Inc/UT's debt ratio?

Fatpipe Inc/UT's debt ratio is 23.3% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Fatpipe Inc/UT's key financial metrics?

Fatpipe Inc/UT has a market capitalization of USD 32M in its listing currency, trailing P/E ratio of 46.6, and revenue of $16M. The company maintains a gross margin of 92.3% and a net margin of 4.1%. Return on equity stands at 3.4%.

How often is the screening data updated?

Calculation date: 2026-09-01. Financial period: March 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.