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-K - Q2 2024 - Sep 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 410 % +3.82%
Quick Ratio 13.8 % -68.9%
Debt-to-equity 30.9 % -1.47%
Return On Equity -10.3 % -48.1%
Return On Assets -7.92 % -48.6%
Operating Margin -19.3 % -277%

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 +0.41%
Weighted Average Number of Shares Outstanding, Diluted 11.8M shares +0.41%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 30.8M USD -33%
Cost of Revenue 27.3M USD -29.9%
Research and Development Expense 3.41M USD -13.1%
Operating Income (Loss) -5.94M USD -153%
Nonoperating Income (Expense) 824K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -5.12M USD -33.5%
Income Tax Expense (Benefit) -949K USD -7.07%
Net Income (Loss) Attributable to Parent -3.96M USD -38.5%
Earnings Per Share, Basic -0.34 USD/shares -41.7%
Earnings Per Share, Diluted -0.34 USD/shares -41.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12.3M USD +0.21%
Accounts Receivable, after Allowance for Credit Loss, Current 1.16M USD -87.1%
Inventory, Net 1.43M USD -61.9%
Other Assets, Current 108K USD +111%
Assets, Current 40.2M USD -22.4%
Deferred Income Tax Assets, Net 3.18M USD +42.4%
Property, Plant and Equipment, Net 115K USD +13.7%
Operating Lease, Right-of-Use Asset 1.49M USD +873%
Intangible Assets, Net (Excluding Goodwill) 1.31M USD -40%
Goodwill 273K USD 0%
Other Assets, Noncurrent 131K USD +3.71%
Assets 46.7M USD -17.9%
Accounts Payable, Current 7.26M USD -43.9%
Employee-related Liabilities, Current 49.5K USD -6.56%
Accrued Liabilities, Current 1.43M USD +66.5%
Contract with Customer, Liability, Current 159K USD +8.39%
Liabilities, Current 9.09M USD -45%
Operating Lease, Liability, Noncurrent 1.26M USD
Liabilities 10.3M USD -37.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.18M USD -10.3%
Retained Earnings (Accumulated Deficit) 25.1M USD -13.6%
Stockholders' Equity Attributable to Parent 35.1M USD -9.71%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 36.4M USD -9.99%
Liabilities and Equity 46.7M USD -17.9%

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 12.3M USD +0.21%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 3.33M USD +41.3%
Operating Lease, Liability 1.5M USD +841%
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 -4.07M USD -38.1%
Lessee, Operating Lease, Liability, to be Paid 1.79M USD +1009%
Property, Plant and Equipment, Gross 754K USD -22.4%
Operating Lease, Liability, Current 240K USD +50.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 345K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 337K USD +109%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +75%
Deferred Income Tax Expense (Benefit) -50.9K USD +51.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 288K USD +15356%
Lessee, Operating Lease, Liability, to be Paid, Year Three 353K 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 387K USD
Additional Paid in Capital 14.7M USD +2.04%
Preferred Stock, Shares Outstanding 0 shares
Current Federal Tax Expense (Benefit) -313K USD +46%
Amortization of Intangible Assets 993K USD +18.3%
Deferred Tax Assets, Net of Valuation Allowance 3.18M USD +42.4%
Share-based Payment Arrangement, Expense 51.6K USD -71.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%