FKWL

+ Watchlist + Portfolio

Franklin Wireless Corp.

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $2.43
52-Week Range: $2.21 – $5.48
Market Cap: $28.40M
P/E (TTM): —
EPS (TTM): -0.06
Dividend Yield: —

Advanced Metrics

Price/Book: 0.85
PEG Ratio: —
Return on Equity: -2.15%
Return on Assets: -2.74%
Gross Margin: 19.25%
Operating Margin: -43.88%
Profit Margin: -2.07%
Current Ratio: 3.38
Debt/Equity: 0.03
Total Debt: $1.12M
Free Cash Flow: $-4.20M
Revenue Growth: -57.00%
Earnings Growth: —
Enterprise Value: $-517.27K

FKWL Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$24.00M	$45.95M	$30.80M	$46.09M
Cost of Revenue	$20.18M	$38.93M	$27.29M	$38.17M
Gross Profit	$3.82M	$7.02M	$3.51M	$7.92M
Research & Development	$4.28M	$3.92M	$3.41M	$4.10M
Selling, General & Admin	$4.51M	$5.45M	$6.04M	$6.68M
Operating Expenses	$8.70M	$9.33M	$9.43M	$10.78M
Operating Income	-$4.88M	-$2.31M	-$5.92M	-$2.86M
EBITDA	-$3.91M	-$1.12M	-$4.90M	-$2.00M
Pretax Income	-$4.71M	-$3.83M	-$5.12M	-$185.60K
Income Tax	-$1.04M	-$886.66K	-$949.30K	-$45.17K
Net Income	-$3.76M	-$2.86M	-$3.96M	-$243.10K
Diluted EPS	-0.32	-0.24	-0.34	—
Diluted Shares	11.61M	11.74M	11.78M	—

FKWL Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$26.28M	$12.24M	$12.27M	$14.74M
Receivables	$1.36M	$9.04M	$1.16M	$1.99M
Inventory	$4.20M	$3.74M	$1.43M	$2.36M
Current Assets	$48.39M	$51.86M	$40.22M	$45.18M
Total Assets	$52.04M	$56.93M	$46.72M	$51.33M
Current Liabilities	$9.28M	$16.51M	$9.09M	$12.42M
Total Debt	$467.94K	$159.10K	$1.50M	$1.39M
Total Liabilities	$9.44M	$16.51M	$10.34M	$13.44M
Retained Earnings	$31.96M	$29.10M	$25.14M	$24.89M
Shareholders' Equity	$41.03M	$38.93M	$35.15M	$34.54M
Working Capital	$39.11M	$35.34M	$31.13M	$32.76M

FKWL Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$7.41M	-$1.88M	-$773.36K	$1.84M
Capital Expenditure	-$724.40K	-$1.72M	-$186.18K	-$566.33K
Free Cash Flow	-$8.13M	-$3.60M	-$959.54K	$1.28M
Depreciation & Amortisation	$971.40K	$1.19M	$1.03M	$860.22K
Stock-Based Compensation	$545.84K	$710.87K	$295.10K	$350.59K
Investing Cash Flow	-$11.68M	-$12.11M	$723.86K	$1.01M
Financing Cash Flow	$75.44K	$42.94K	$91.06K	-$408.66K
Share Repurchases	—	—	$0.00	-$408.66K
Net Change in Cash	-$19.01M	-$13.95M	$41.55K	$2.44M

FKWL Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$8.01M	$6.93M	$12.74M	$11.93M	$3.44M
Cost of Revenue	$6.66M	$5.68M	$9.84M	$9.89M	$2.89M
Gross Profit	$1.35M	$1.25M	$2.91M	$2.03M	$553.44K
Research & Development	$794.21K	$1.36M	$949.75K	$776.82K	$816.33K
Selling, General & Admin	$2.53M	$1.21M	$1.37M	$1.21M	$1.25M
Operating Expenses	$3.32M	$2.57M	$2.32M	$1.99M	$2.06M
Operating Income	-$1.97M	-$1.32M	$590.38K	$48.72K	-$1.51M
EBITDA	-$1.77M	-$1.14M	$796.92K	$230.80K	-$1.42M
Pretax Income	-$635.11K	-$331.30K	$593.18K	$502.93K	-$1.77M
Income Tax	$2.59K	-$263.37K	$42.65K	$36.27K	-$18.74K
Net Income	-$644.79K	-$342.24K	$640.48K	$533.62K	-$1.56M
Diluted EPS	-0.05	—	0.05	0.05	-0.13
Diluted Shares	11.78M	—	11.80M	11.82M	11.78M

FKWL Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$12.80M	$14.74M	$13.38M	$9.36M	$9.31M
Receivables	$4.00M	$1.99M	$7.45M	$11.02M	$3.31M
Inventory	$1.45M	$2.36M	$995.36K	$2.11M	$7.93M
Current Assets	$43.94M	$45.18M	$47.39M	$47.17M	$44.58M
Total Assets	$49.71M	$51.33M	$53.28M	$53.03M	$50.38M
Current Liabilities	$10.26M	$12.42M	$14.00M	$13.92M	$13.20M
Total Debt	$1.48M	$1.39M	$1.29M	$1.20M	$1.12M
Total Liabilities	$11.38M	$13.44M	$14.93M	$14.76M	$13.99M
Retained Earnings	$25.24M	$24.89M	$25.53M	$25.60M	$24.04M
Shareholders' Equity	$35.32M	$34.54M	$35.13M	$35.13M	$33.50M
Working Capital	$33.69M	$32.76M	$33.39M	$33.25M	$31.38M

FKWL Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	-$5.90M	$2.33M	-$1.49M	-$4.09M	$11.26K
Capital Expenditure	-$185.75K	-$316.20K	-$54.07K	-$269.64K	-$165.16K
Free Cash Flow	-$6.09M	$2.02M	-$1.54M	-$4.36M	-$153.91K
Depreciation & Amortisation	$191.81K	$179.85K	$206.54K	$182.08K	$95.06K
Stock-Based Compensation	$0.00	$180.01K	$0.00	$0.00	$0.00
Investing Cash Flow	-$1.60M	-$23.95K	$143.31K	$561.66K	-$52.09K
Financing Cash Flow	$0.00	-$408.66K	—	—	$0.00
Dividends Paid	$0.00	—	—	—	$0.00
Net Change in Cash	-$7.50M	$1.90M	-$1.35M	-$4.00M	-$40.83K

Market Snapshot

About

Franklin Wireless Corp. is a provider of intelligent wireless solutions including mobile hotspots, routers, and other devices that enable portable internet connectivity. The company designs and develops products for major wireless carriers and distributors in the United States and international markets, focusing on 4G LTE and 5G technology platforms. Franklin Wireless products serve both consumer and enterprise markets, providing connectivity solutions for remote work, mobile offices, IoT applications, and personal internet access. The company competes in the evolving mobile broadband equipment market where rapid technological advancement and carrier network upgrades drive demand for new device generations.