Franklin Wireless Corp (FKWL)

Technology | Communication Equipment
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 8,009,619 17,827,098 13,322,912 6,116,866
Cost of Revenue 6,655,739 14,585,036 11,251,410 5,476,200
Gross Profit 1,353,880 3,242,062 2,071,502 640,666
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 2,526,220 1,519,593 1,419,973 2,009,324
Operating Expenses 3,320,433 2,446,831 2,444,285 2,884,795
Operating Income -1,966,553 795,231 -372,783 -2,244,129
Interest Expense 0 0 0 0
Income Before Tax -635,114 84,282 696,536 -2,240,810
Income Tax Expense 2,592 167,727 47,880 -371,319
Net Income -644,786 228,740 515,187 -1,766,025
Per Share
EPS -0.05 0.02 0.04 -0.15
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 46,086,901 30,796,690 45,948,516 23,997,762 184,115,345
Cost of Revenue 38,171,832 27,288,340 38,927,774 20,181,179 151,651,324
Gross Profit 7,915,069 3,508,350 7,020,742 3,816,583 32,464,021
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 6,676,078 6,041,355 5,451,653 4,509,344 5,077,848
Operating Expenses 10,778,738 9,448,105 9,326,533 8,699,908 9,498,545
Operating Income -2,863,669 -5,939,755 -2,349,575 -4,883,325 22,818,310
Interest Expense 0 0 0 71,375 8,789
Income Before Tax -185,596 -5,115,971 -3,831,318 -4,709,473 23,435,477
Income Tax Expense 57,505 -949,300 -886,659 -1,037,068 5,039,295
Net Income -243,101 -3,964,016 -2,863,021 -3,672,405 17,699,035
Per Share
EPS -0.02 -0.34 -0.24 -0.32 1.56
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 14,741,173 12,266,556 12,241,286 26,277,418
Short Term Investments 25,887,028 25,191,271 26,728,313 16,336,659
Net Receivables 1,330,504 1,155,060 9,055,297 1,362,751
Inventory 2,358,335 1,425,685 3,741,637 4,197,863
Total Current Assets 45,180,290 40,220,460 51,857,095 48,390,426
Property Plant Equipment 1,455,176 1,600,973 253,753 554,573
Goodwill and Intangibles 1,287,397 1,582,911 2,454,169 1,623,341
Total Assets 51,330,030 46,719,829 56,927,078 52,041,871
Liabilities
Account Payables 8,119,055 7,262,195 12,950,497 8,143,305
Short Term Debt 375,343 479,454 318,208 308,834
Total Current Liabilities 12,416,742 9,085,839 16,512,250 9,280,372
Long Term Debt 1,018,985 1,257,992 0 159,104
Total Liabilities 13,435,727 10,343,831 16,512,250 9,439,476
Shareholders Equity
Retained Earnings 24,894,108 25,137,209 29,101,225 31,964,246
Total Shareholders Equity 34,544,442 35,147,054 38,926,861 41,032,790
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 14,741,173 12,266,556 12,241,286 26,277,418 45,796,006
Short Term Investments 25,887,028 25,191,271 26,728,313 16,336,659 5,386,034
Net Receivables 1,330,504 1,155,060 9,055,297 1,362,751 2,592,469
Inventory 2,358,335 1,425,685 3,741,637 4,197,863 975,519
Total Current Assets 45,180,290 40,220,460 51,857,095 48,390,426 54,835,642
Property Plant Equipment 1,455,176 1,600,973 253,753 554,573 904,873
Goodwill and Intangibles 1,287,397 1,582,911 2,454,169 1,623,341 1,520,035
Total Assets 51,330,030 46,719,829 56,927,078 52,041,871 57,788,637
Liabilities
Account Payables 8,119,055 7,262,195 12,950,497 8,143,305 9,718,989
Short Term Debt 375,343 479,454 318,208 308,834 317,519
Total Current Liabilities 12,416,742 9,085,839 16,512,250 9,280,372 11,155,536
Long Term Debt 1,018,985 1,257,992 0 159,104 467,937
Total Liabilities 13,435,727 10,343,831 16,512,250 9,439,476 11,623,473
Shareholders Equity
Retained Earnings 24,894,108 25,137,209 29,101,225 31,964,246 35,727,094
Total Shareholders Equity 34,544,442 35,147,054 38,926,861 41,032,790 44,686,002
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income -140,429 -3,964,016 -2,944,659 -3,672,405
Depreciation & Amortization 860,216 -306,197 1,187,521 971,397
Stock Based Compensation 350,593 295,104 710,870 545,841
Change in Working Capital 0 3,763,386 290,540 -4,277,683
Operating Cash Flow 1,844,360 -773,360 -1,882,114 -7,407,355
Investing Activities
Capital Expenditure -32,765 -186,176 -1,717,529 -724,403
Investments -32,765 -55,025 -1,717,529 -724,403
Investing Cash Flow 1,006,398 723,858 -12,109,183 -11,675,028
Financing Activities
Debt Repayment 0 91,057 -2,057 0
Common Stock Issued/Repurchased 0 0 45,000 75,445
Dividends Paid 0 0 0 0
Financing Cash Flow -408,663 91,057 42,943 75,445
Summary
Free Cash Flow 1,811,595 -959,536 -3,599,643 -8,131,758
Net Change in Cash 2,474,617 25,270 -14,036,132 -19,518,588
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income -140,429 -3,964,016 -2,944,659 -3,672,405 18,396,182
Depreciation & Amortization 860,216 -306,197 1,187,521 971,397 912,300
Stock Based Compensation 350,593 295,104 710,870 545,841 380,758
Change in Working Capital 0 3,763,386 290,540 -4,277,683 -8,126,758
Operating Cash Flow 1,844,360 -773,360 -1,882,114 -7,407,355 12,104,199
Investing Activities
Capital Expenditure -32,765 -186,176 -1,717,529 -724,403 -718,404
Investments -32,765 -55,025 -1,717,529 -724,403 -21,043
Investing Cash Flow 1,006,398 723,858 -12,109,183 -11,675,028 -722,520
Financing Activities
Debt Repayment 0 91,057 -2,057 0 0
Common Stock Issued/Repurchased 0 0 45,000 75,445 6,000,008
Dividends Paid 0 0 0 0 0
Financing Cash Flow -408,663 91,057 42,943 75,445 6,074,759
Summary
Free Cash Flow 1,811,595 -959,536 -3,599,643 -8,131,758 11,385,795
Net Change in Cash 2,474,617 25,270 -14,036,132 -19,518,588 17,634,362