Franklin Wireless Corp financial data

Symbol
FKWL on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
3940 Ruffin Road, Suite C, San Diego, California
State of incorporation
Nevada
Fiscal year end
June 30
Former names
FRANKLIN TELECOMMUNICATIONS CORP (to 3/4/2003)
Latest financial report
Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 373 % -17.8%
Quick Ratio 16.4 % -69.2%
Debt-to-equity 34.2 % +28.7%
Return On Equity -9.61 % -105%
Return On Assets -7.23 % -93.7%
Operating Margin -8.62 % -19.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.8 M shares 0%
Common Stock, Shares, Outstanding 11.8 M shares 0%
Entity Public Float 37 M USD +0.77%
Common Stock, Value, Issued 14.3 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 11.8 M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 11.8 M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 41.7 M USD +1.45%
Cost of Revenue 36.4 M USD +4.23%
Research and Development Expense 3.45 M USD -15.9%
Operating Income (Loss) -3.59 M USD -20.9%
Nonoperating Income (Expense) -1.25 M USD -335%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.84 M USD -98.7%
Income Tax Expense (Benefit) -901 K USD -90.4%
Net Income (Loss) Attributable to Parent -3.8 M USD -94%
Earnings Per Share, Basic -0.31 USD/shares -93.8%
Earnings Per Share, Diluted -0.31 USD/shares -93.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7 M USD -60.1%
Accounts Receivable, after Allowance for Credit Loss, Current 10.3 M USD +42.2%
Inventory, Net 1.14 M USD -80.8%
Assets, Current 43.5 M USD -8.02%
Deferred Income Tax Assets, Net 2.81 M USD +47.4%
Property, Plant and Equipment, Net 126 K USD +14.8%
Operating Lease, Right-of-Use Asset 1.54 M USD +577%
Intangible Assets, Net (Excluding Goodwill) 1.59 M USD -33.1%
Goodwill 273 K USD 0%
Other Assets, Noncurrent 134 K USD +7.17%
Assets 50 M USD -4.47%
Accounts Payable, Current 6.28 M USD -32.5%
Employee-related Liabilities, Current 41.2 K USD -14.5%
Accrued Liabilities, Current 1.34 M USD +82.2%
Contract with Customer, Liability, Current 196 K USD
Liabilities, Current 10.4 M USD -0.01%
Operating Lease, Liability, Noncurrent 1.33 M USD
Liabilities 11.8 M USD +12.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.15 M USD -9.83%
Retained Earnings (Accumulated Deficit) 26.9 M USD -12.4%
Stockholders' Equity Attributable to Parent 36.9 M USD -8.73%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 38.2 M USD -8.74%
Liabilities and Equity 50 M USD -4.47%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -5.22 M USD -416%
Net Cash Provided by (Used in) Financing Activities -1.02 K USD
Net Cash Provided by (Used in) Investing Activities -98.8 K USD -118%
Common Stock, Shares Authorized 50 M shares 0%
Common Stock, Shares, Issued 11.8 M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.4 M USD -599%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7 M USD -60.1%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 2.36 M USD +68.2%
Operating Lease, Liability 1.56 M USD +557%
Depreciation 47.5 K USD -41.1%
Payments to Acquire Property, Plant, and Equipment 2.43 K USD -90.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.91 M USD -73.5%
Lessee, Operating Lease, Liability, to be Paid 1.87 M USD +676%
Property, Plant and Equipment, Gross 754 K USD -22.4%
Operating Lease, Liability, Current 234 K USD -1.67%
Lessee, Operating Lease, Liability, to be Paid, Year Two 345 K USD +114%
Lessee, Operating Lease, Liability, to be Paid, Year One 337 K USD +319%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure
Deferred Income Tax Expense (Benefit) -50.9 K USD +51.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 315 K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 353 K USD
Deferred Tax Assets, Operating Loss Carryforwards 697 K USD -5.4%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -753 K USD +14.1%
Current Income Tax Expense (Benefit) 1.42 K USD
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 389 K USD +6.57%
Lessee, Operating Lease, Liability, to be Paid, Year Four 387 K USD
Additional Paid in Capital 14.6 M USD +2.68%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 975 USD 0%
Current Federal Tax Expense (Benefit) -313 K USD +46%
Amortization of Intangible Assets 967 K USD +24.3%
Deferred Tax Assets, Net of Valuation Allowance 2.24 M USD +65.9%
Share-based Payment Arrangement, Expense 51.6 K USD -71.5%
Deferred State and Local Income Tax Expense (Benefit) -6.16 K USD +92.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%