NASDAQ : FKWL
Franklin Wireless Corp. — Financial statements
Technology · Communication Equipment · United States
Last price 2.19 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 25.81M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Franklin Wireless Corp. (FKWL) reported revenue of 36.51M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 36.51M | 36.51M | 46.09M | 30.80M | 45.95M | 24.00M |
| Cost of Revenue | 30.26M | 30.26M | 38.17M | 27.29M | 38.93M | 20.18M |
| Gross Profit | 6.26M | 6.26M | 7.92M | 3.51M | 7.02M | 3.82M |
| Selling, General & Admin | 5.70M | 5.70M | 6.68M | 6.04M | 5.45M | 4.51M |
| Research & Development | 3.23M | 3.23M | 4.10M | 3.41M | 3.92M | 4.28M |
| Operating Expenses | 8.93M | 8.93M | 10.78M | 9.45M | 9.37M | 8.79M |
| Operating Income | -2.68M | -2.68M | -2.86M | -5.94M | -2.35M | -4.97M |
| Interest & Investment Income | 487.15K | 487.15K | 695.13K | 804.15K | 459.87K | 71.38K |
| Currency Exchange Gain (Loss) | -1.11M | -1.11M | 196.63K | -486.50K | -126.04K | |
| Other Non Operating Income (Expenses) | 445.46K | 445.46K | 535.16K | 516.57K | 346.12K | 155.65K |
| EBT Excluding Unusual Items | -2.85M | -2.85M | -1.44M | -5.11M | -1.67M | -4.75M |
| Gain (Loss) on Sale of Assets | 3.56K | -10.44K | ||||
| Legal Settlements | -4.62M | -4.62M | 1.00M | -2.40M | ||
| Other Unusual Items | 412.81K | 412.81K | 247.59K | 238.31K | 38.40K | |
| Pretax Income | -7.06M | -7.06M | -185.60K | -5.12M | -3.83M | -4.71M |
| Income Tax Expense | -138.73K | -138.73K | -45.17K | -949.30K | -886.66K | -1.04M |
| Earnings From Continuing Operations | -6.92M | -6.92M | -140.43K | -4.17M | -2.94M | -3.67M |
| Minority Interest in Earnings | 2.18M | 2.18M | -102.67K | 202.66K | 81.64K | -90.44K |
| Net Income | -4.74M | -4.74M | -243.10K | -3.96M | -2.86M | -3.76M |
| Net Income to Common | -4.74M | -4.74M | -243.10K | -3.96M | -2.86M | -3.76M |
| Shares Outstanding (Basic) | 11.78M | 11.78M | 11.78M | 11.78M | 11.74M | 11.61M |
| Shares Outstanding (Diluted) | 11.78M | 11.78M | 11.78M | 11.78M | 11.74M | 11.61M |
| EPS (Basic) | -0.40 | -0.40 | -0.02 | -0.34 | -0.24 | -0.32 |
| EPS (Diluted) | -0.40 | -0.40 | -0.02 | -0.34 | -0.24 | -0.32 |
| Free Cash Flow | -6.33M | -6.33M | 1.81M | -828.38K | -1.93M | -7.45M |
| Free Cash Flow Per Share | -0.54 | -0.54 | 0.15 | -0.07 | -0.16 | -0.64 |
| Gross Margin | 17.13% | 17.13% | 17.17% | 11.39% | 15.28% | 15.90% |
| Operating Margin | -7.33% | -7.33% | -6.21% | -19.29% | -5.11% | -20.73% |
| Profit Margin | -12.99% | -12.99% | -0.53% | -12.87% | -6.23% | -15.68% |
| Free Cash Flow Margin | -17.32% | -17.32% | 3.93% | -2.69% | -4.20% | -31.04% |
| EBITDA | -2.07M | -2.07M | -2.00M | -4.91M | -1.46M | -4.31M |
| EBITDA Margin | -5.66% | -5.66% | -4.35% | -15.95% | -3.17% | -17.95% |
| D&A For EBITDA | 610.23K | 610.23K | 860.22K | 1.03M | 891.57K | 666.75K |
| EBIT | -2.68M | -2.68M | -2.86M | -5.94M | -2.35M | -4.97M |
| EBIT Margin | -7.33% | -7.33% | -6.21% | -19.29% | -5.11% | -20.73% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 13.40M | 13.40M | 14.74M | 12.27M | 12.24M | 26.28M |
| Short-Term Investments | 18.55M | 18.55M | 25.89M | 25.19M | 26.73M | 16.34M |
| Cash & Short-Term Investments | 31.95M | 31.95M | 40.63M | 37.46M | 38.97M | 42.61M |
| Accounts Receivable | 2.30M | 2.30M | 1.33M | 1.16M | 8.95M | 1.32M |
| Other Receivables | 662.60K | 662.60K | 662.60K | 40.13K | ||
| Receivables | 2.96M | 2.96M | 1.99M | 1.16M | 9.04M | 1.36M |
| Inventory | 5.30M | 5.30M | 2.36M | 1.43M | 3.74M | 4.20M |
| Prepaid Expenses | 40.94K | |||||
| Other Current Assets | 281.40K | 281.40K | 200.65K | 181.89K | 105.00K | 174.80K |
| Total Current Assets | 40.50M | 40.50M | 45.18M | 40.22M | 51.86M | 48.39M |
| Property, Plant & Equipment | 1.09M | 1.09M | 1.46M | 1.60M | 253.75K | 554.57K |
| Goodwill | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K | 273.29K |
| Other Intangible Assets | 928.37K | 928.37K | 1.01M | 1.31M | 2.18M | 1.35M |
| Long-Term Deferred Tax Assets | 3.45M | 3.45M | 3.27M | 3.18M | 2.24M | 1.35M |
| Other Long-Term Assets | 121.85K | 121.85K | 133.54K | 131.25K | 126.55K | 126.09K |
| Total Assets | 46.35M | 46.35M | 51.33M | 46.72M | 56.93M | 52.04M |
| Accounts Payable | 6.89M | 6.89M | 8.12M | 7.26M | 12.95M | 8.14M |
| Accrued Expenses | 7.78M | 7.78M | 3.75M | 1.38M | 803.24K | 394.52K |
| Current Portion of Leases | 321.14K | 321.14K | 375.34K | 239.73K | 159.10K | 308.83K |
| Current Income Taxes Payable | 42.76K | 42.76K | 6.70K | |||
| Current Unearned Revenue | 72.89K | 72.89K | 125.30K | 158.77K | 146.49K | 231.62K |
| Other Current Liabilities | 48.06K | 48.06K | 50.99K | 49.45K | 2.45M | 195.39K |
| Total Current Liabilities | 15.16M | 15.16M | 12.42M | 9.09M | 16.51M | 9.28M |
| Long-Term Leases | 717.56K | 717.56K | 1.02M | 1.26M | 159.10K | |
| Total Liabilities | 15.87M | 15.87M | 13.44M | 10.34M | 16.51M | 9.44M |
| Common Stock | 14.26K | 14.26K | 14.26K | 14.26K | 14.26K | 14.16K |
| Additional Paid-In Capital | 14.34M | 14.34M | 14.34M | 14.73M | 14.44M | 13.59M |
| Retained Earnings | 19.68M | 19.68M | 24.89M | 25.14M | 29.10M | 31.96M |
| Treasury Stock | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M | -3.55M |
| Comprehensive Income & Other | -1.16M | -1.16M | -1.15M | -1.18M | -1.07M | -984.15K |
| Total Common Equity | 29.31M | 29.31M | 34.54M | 35.15M | 38.93M | 41.03M |
| Minority Interest | 1.17M | 1.17M | 3.35M | 1.23M | 1.49M | 1.57M |
| Shareholders' Equity | 30.48M | 30.48M | 37.89M | 36.38M | 40.41M | 42.60M |
| Total Liabilities & Equity | 46.35M | 46.35M | 51.33M | 46.72M | 56.93M | 52.04M |
| Total Debt | 1.04M | 1.04M | 1.39M | 1.50M | 159.10K | 467.94K |
| Net Cash (Debt) | 30.92M | 30.92M | 39.23M | 35.96M | 38.81M | 42.15M |
| Net Cash Per Share | 2.62 | 2.62 | 3.33 | 3.05 | 3.31 | 3.63 |
| Filing Date Shares Outstanding | 11.78M | 11.78M | 11.78M | 11.78M | 11.78M | 11.68M |
| Total Common Shares Outstanding | 11.78M | 11.78M | 11.78M | 11.78M | 11.78M | 11.68M |
| Working Capital | 25.34M | 25.34M | 32.76M | 31.13M | 35.34M | 39.11M |
| Book Value Per Share | 2.49 | 2.49 | 2.93 | 2.98 | 3.30 | 3.51 |
| Tangible Book Value | 28.11M | 28.11M | 33.26M | 33.56M | 36.47M | 39.41M |
| Tangible Book Value Per Share | 2.39 | 2.39 | 2.82 | 2.85 | 3.10 | 3.37 |
| Machinery | 971.70K |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -4.74M | -4.74M | -243.10K | -3.96M | -2.86M | -3.76M |
| Depreciation & Amortization | 610.23K | 610.23K | 860.22K | 1.03M | 1.19M | 971.40K |
| Loss (Gain) From Sale of Assets | -3.56K | 10.42K | ||||
| Stock-Based Compensation | 350.59K | 295.10K | 710.87K | 545.84K | ||
| Provision & Write-off of Bad Debts | 555.60K | 555.60K | 158.40K | 23.78K | ||
| Other Operating Activities | 3.13M | 3.13M | -1.39M | -566.81K | -1.21M | -907.84K |
| Change in Accounts Receivable | -1.75M | -1.75M | -311.77K | 7.72M | -7.63M | 1.21M |
| Change in Inventory | -3.00M | -3.00M | -993.07K | 2.27M | 577.15K | -3.36M |
| Change in Accounts Payable | -1.10M | -1.10M | 855.38K | -5.69M | 4.91M | -1.54M |
| Change in Unearned Revenue | -52.41K | -52.41K | -33.47K | 8.25K | -85.14K | 231.62K |
| Change in Income Taxes | -60.28K | -60.28K | -2.96K | -326.80K | ||
| Change in Other Net Operating Assets | 114.19K | 114.19K | 2.60M | -1.89M | 2.52M | -494.65K |
| Operating Cash Flow | -6.30M | -6.30M | 1.84M | -773.36K | -1.88M | -7.41M |
| Capital Expenditures | -28.86K | -28.86K | -32.77K | -55.02K | -47.11K | -42.09K |
| Sale of Property, Plant & Equipment | 10.50K | |||||
| Divestitures | 2.00M | |||||
| Sale (Purchase) of Intangibles | -502.24K | -502.24K | -533.56K | -131.15K | -1.67M | -682.32K |
| Investment in Securities | 6.04M | 6.04M | -437.77K | 910.03K | -10.39M | -10.95M |
| Investing Cash Flow | 5.51M | 5.51M | 1.01M | 723.86K | -12.11M | -11.68M |
| Issuance of Common Stock | 45.00K | 75.44K | ||||
| Repurchase of Common Stock | -408.66K | |||||
| Common Dividends Paid | -471.37K | -471.37K | ||||
| Other Financing Activities | 91.06K | -2.06K | ||||
| Financing Cash Flow | -471.37K | -471.37K | -408.66K | 91.06K | 42.94K | 75.44K |
| Foreign Exchange Rate Adjustments | -82.37K | -82.37K | 32.52K | -16.29K | -87.78K | -511.65K |
| Net Cash Flow | -1.34M | -1.34M | 2.47M | 25.27K | -14.04M | -19.52M |
| Free Cash Flow | -6.33M | -6.33M | 1.81M | -828.38K | -1.93M | -7.45M |
| Free Cash Flow Margin | -17.32% | -17.32% | 3.93% | -2.69% | -4.20% | -31.04% |
| Free Cash Flow Per Share | -0.54 | -0.54 | 0.15 | -0.07 | -0.16 | -0.64 |
| Levered Free Cash Flow | -2.79M | -2.79M | 260.52K | 41.58K | -1.02M | -6.31M |
| Unlevered Free Cash Flow | -2.79M | -2.79M | 260.52K | 41.58K | -1.02M | -6.31M |
| Cash Income Tax Paid | 128.40K | 128.40K | 40.80K | 46.00K | 800.00 | 200.35K |
| Change in Working Capital | -5.85M | -5.85M | 2.12M | 2.42M | 290.54K | -4.28M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 25.69M | 29.93M | 49.26M | 42.78M | 43.96M | 36.79M |
| Enterprise Value | -5.23M | 1.01M | 15.61M | 13.99M | 11.74M | -4.22M |
| Last Close Price | 2.19 | 2.54 | 4.15 | 3.60 | 3.70 | 3.15 |
| Forward PE | 54.50 | 84.67 | 6.64 | 6.64 | 6.64 | 6.64 |
| PS Ratio | 0.70 | 0.82 | 1.07 | 1.39 | 0.96 | 1.53 |
| PB Ratio | 0.88 | 0.98 | 1.30 | 1.18 | 1.09 | 0.86 |
| P/TBV Ratio | 0.91 | 1.06 | 1.48 | 1.27 | 1.21 | 0.93 |
| P/FCF Ratio | 27.19 | |||||
| P/OCF Ratio | 26.71 | |||||
| EV/Sales Ratio | 0.03 | 0.34 | 0.45 | 0.26 | ||
| EV/FCF Ratio | 8.62 | |||||
| Debt / Equity Ratio | 0.03 | 0.03 | 0.04 | 0.04 | 0.00 | 0.01 |
| Debt / FCF Ratio | 0.77 | |||||
| Net Debt / Equity Ratio | -1.01 | -1.01 | -1.03 | -0.99 | -0.96 | -0.99 |
| Net Debt / EBITDA Ratio | 14.95 | 14.95 | 19.58 | 7.32 | 26.62 | 9.78 |
| Net Debt / FCF Ratio | 4.89 | 4.89 | -21.66 | 43.41 | 20.12 | 5.66 |
| Asset Turnover | 0.75 | 0.75 | 0.94 | 0.59 | 0.84 | 0.44 |
| Inventory Turnover | 7.91 | 7.91 | 20.18 | 10.56 | 9.81 | 7.80 |
| Quick Ratio | 2.30 | 2.30 | 3.43 | 4.25 | 2.90 | 4.74 |
| Current Ratio | 2.67 | 2.67 | 3.64 | 4.43 | 3.14 | 5.21 |
| Return on Equity (ROE) | -20.24% | -20.24% | -0.38% | -10.85% | -7.09% | -8.27% |
| Return on Assets (ROA) | -3.43% | -3.43% | -3.65% | -7.16% | -2.70% | -5.66% |
| Return on Capital Employed (ROCE) | -8.60% | -8.60% | -7.40% | -15.80% | -5.80% | -11.60% |
| Earnings Yield | -18.47% | -15.85% | -0.49% | -9.27% | -6.51% | -10.23% |
| FCF Yield | -24.62% | -21.13% | 3.68% | -1.94% | -4.39% | -20.25% |
| Buyback Yield / Dilution | -0.41% | -1.06% | -0.18% |