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 - 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 11.8M shares 0%
Common Stock, Shares, Outstanding 11.8M shares 0%
Entity Public Float 37M USD +0.77%
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%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 41.7M USD +1.45%
Cost of Revenue 36.4M USD +4.23%
Research and Development Expense 3.45M USD -15.9%
Operating Income (Loss) -3.59M USD -20.9%
Nonoperating Income (Expense) -1.25M USD -335%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.84M USD -98.7%
Income Tax Expense (Benefit) -901K USD -90.4%
Net Income (Loss) Attributable to Parent -3.8M 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 7M USD -60.1%
Accounts Receivable, after Allowance for Credit Loss, Current 10.3M USD +42.2%
Inventory, Net 1.14M USD -80.8%
Assets, Current 43.5M USD -8.02%
Deferred Income Tax Assets, Net 2.81M USD +47.4%
Property, Plant and Equipment, Net 126K USD +14.8%
Operating Lease, Right-of-Use Asset 1.54M USD +577%
Intangible Assets, Net (Excluding Goodwill) 1.59M USD -33.1%
Goodwill 273K USD 0%
Other Assets, Noncurrent 134K USD +7.17%
Assets 50M USD -4.47%
Accounts Payable, Current 6.28M USD -32.5%
Employee-related Liabilities, Current 41.2K USD -14.5%
Accrued Liabilities, Current 1.34M USD +82.2%
Contract with Customer, Liability, Current 196K USD
Liabilities, Current 10.4M USD -0.01%
Operating Lease, Liability, Noncurrent 1.33M USD
Liabilities 11.8M USD +12.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.15M USD -9.83%
Retained Earnings (Accumulated Deficit) 26.9M USD -12.4%
Stockholders' Equity Attributable to Parent 36.9M USD -8.73%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 38.2M USD -8.74%
Liabilities and Equity 50M USD -4.47%

Popular Metrics

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