Franklin Wireless Corp financial data

Symbol
FKWL on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
3940 Ruffin Road, Suite C, San Diego, CA
State of incorporation
NV
Fiscal year end
June 30
Former names
FRANKLIN TELECOMMUNICATIONS CORP (to 3/4/2003)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 388 % +0.65%
Quick Ratio 13.8 % -63.8%
Debt-to-equity 33.9 % +5.48%
Return On Equity -8.43 % -73.2%
Return On Assets -6.35 % -71.1%
Operating Margin -16.6 % -241%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.8M shares 0%
Common Stock, Shares, Outstanding 11.8M shares 0%
Entity Public Float 27.5M USD -25.6%
Common Stock, Value, Issued 14.3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 11.8M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 11.8M shares +0.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 34.5M USD -27.4%
Cost of Revenue 30.4M USD -25%
Research and Development Expense 3.56M USD -6.59%
Operating Income (Loss) -5.73M USD -147%
Nonoperating Income (Expense) 1.7M USD +442%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.03M USD -50%
Income Tax Expense (Benefit) -851K USD -2.16%
Net Income (Loss) Attributable to Parent -3.19M USD -60.1%
Earnings Per Share, Basic -0.28 USD/shares -75%
Earnings Per Share, Diluted -0.28 USD/shares -75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 14.6M USD +114%
Accounts Receivable, after Allowance for Credit Loss, Current 1.8M USD -81.9%
Inventory, Net 2.56M USD +13.2%
Other Assets, Current 85.7K USD
Assets, Current 45.3M USD -1.79%
Deferred Income Tax Assets, Net 3.14M USD +37.2%
Property, Plant and Equipment, Net 106K USD +15.6%
Operating Lease, Right-of-Use Asset 1.63M USD +2027%
Intangible Assets, Net (Excluding Goodwill) 1.08M USD -44.9%
Goodwill 273K USD 0%
Other Assets, Noncurrent 136K USD +9.75%
Assets 51.6M USD +1.43%
Accounts Payable, Current 10.8M USD +51.3%
Employee-related Liabilities, Current 51.3K USD -4.18%
Accrued Liabilities, Current 1.77M USD +78.4%
Contract with Customer, Liability, Current 170K USD -25.1%
Liabilities, Current 13.1M USD +20.8%
Operating Lease, Liability, Noncurrent 1.29M USD
Liabilities 14.4M USD +32.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.1M USD +4.15%
Retained Earnings (Accumulated Deficit) 25.7M USD -11.1%
Stockholders' Equity Attributable to Parent 35.8M USD -7.28%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 37.2M USD -7.03%
Liabilities and Equity 51.6M USD +1.43%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.67M USD
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -335K USD -239%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 11.8M 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 2.35M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14.6M USD +114%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 3.33M USD +41.3%
Operating Lease, Liability 1.64M USD +1949%
Depreciation 7.86K USD -31%
Payments to Acquire Property, Plant, and Equipment 21.5K USD +788%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.14M USD -70.8%
Lessee, Operating Lease, Liability, to be Paid 1.91M USD +2276%
Property, Plant and Equipment, Gross 754K USD -22.4%
Operating Lease, Liability, Current 349K USD +337%
Lessee, Operating Lease, Liability, to be Paid, Year Two 372K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 457K USD +468%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +75%
Deferred Income Tax Expense (Benefit) 47.1K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 274K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 387K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.45M USD +107%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 414K USD +6.51%
Lessee, Operating Lease, Liability, to be Paid, Year Four 363K USD
Additional Paid in Capital 14.8M USD +2.28%
Preferred Stock, Shares Outstanding 0 shares
Current Federal Tax Expense (Benefit) 10.8K USD +4.36%
Amortization of Intangible Assets 1M USD +10.8%
Deferred Tax Assets, Net of Valuation Allowance 3.18M USD +42.4%
Share-based Payment Arrangement, Expense 87.4K USD +69.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%