Franklin Wireless Corp. (FKWL)

NASDAQ: FKWL · Real-Time Price · USD
4.250
-0.050 (-1.16%)
Nov 22, 2024, 4:00 PM EST - Market closed
-1.16%
Market Cap 50.08M
Revenue (ttm) 34.46M
Net Income (ttm) -3.19M
Shares Out 11.78M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,734
Open 4.330
Previous Close 4.300
Day's Range 4.250 - 4.340
52-Week Range 2.690 - 4.590
Beta 0.20
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About FKWL

Franklin Wireless Corp. provides integrated wireless solutions in North America and Asia. The company offers 5G/4G wireless broadband products, such as portable wi-fi mobile hotspot routers, fixed wireless routers, and enterprise gateway CPE. It also provides mobile device management that ensure security, compliance, and operation across mobile environments; and network management systems, for monitoring, managing, and optimizing network performance. In addition, the company offers quvo family guardian solutions, including parental control and ... [Read more]

Sector Technology
IPO Date Feb 23, 1996
Employees 69
Stock Exchange NASDAQ
Ticker Symbol FKWL
Full Company Profile

Financial Performance

In 2024, Franklin Wireless's revenue was $30.80 million, a decrease of -32.98% compared to the previous year's $45.95 million. Losses were -$3.96 million, 38.5% more than in 2023.

Financial Statements

News

Franklin Access Invest In A Joint Venture For 4G/5G On-Device AI Modules

SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint ven...

5 months ago - GlobeNewsWire

Franklin Wireless Now Doing Business As Franklin Access

SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our co...

5 months ago - GlobeNewsWire

Franklin Wireless's stock jumps in premarket on heels of Sinnet Capital letter urging special dividend

Franklin Wireless Corp.'s stock FKWL, -0.32% was up by 13% in premarket trading on Thursday after its 3.2% shareholder Sinnet Capital Partners requested a special dividend and stock buyback. Sinnet Ca...

11 months ago - Market Watch

Stockholder issues letter to Franklin Wireless requesting the board return cash to shareholders in the form of a special dividend and a stock buyback. Sinnet Capital also urges the board to act as a public company by issuing Press Releases to widely avail

CLAYTON, Mo. , Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless...

11 months ago - PRNewsWire

Franklin Wireless: Small-Cap Tech Company Recovering With 5G Tailwinds

Franklin Wireless is a 5G hotspot and software provider which has major carriers as customers, such as AT&T and T-Mobile. The company reported strong financial results for Q4,22 as its revenue increas...

1 year ago - Seeking Alpha

Franklin Wireless: Can This 5G Small-Cap Bounce Back?

Franklin Wireless ( FKWL , Financial) had everything going for it. It was a small cap company founded in 1981 which finally got its big break with a major customer, Verizon ( VZ , Financial).

2 years ago - GuruFocus

Franklin Wireless: Turnaround Possible For This Small Cap, But Much Risk Looms

Franklin Wireless (FKWL) is a supplier of wireless products such as mobile hotspots and routers which support 5G technology. The company's main customer Verizon recalled 2.5 million units in 2021, due...

2 years ago - Seeking Alpha

Franklin Wireless Advances Recurring Revenue Initiatives

Innovative 4G and 5G Mobile Solutions Coupled with Software Apps Enabling Shift to Recurring Revenue Model Innovative 4G and 5G Mobile Solutions Coupled with Software Apps Enabling Shift to Recurring ...

3 years ago - GlobeNewsWire

Franklin Wireless: Betting On A (Quasi) Binary Situation

Franklin Wireless is trading at ridiculous multiples because of an ongoing issue with their main customer: Verizon. At an EV of 0 (net cash equals the market cap) and a P/E of about 4, the company is ...

3 years ago - Seeking Alpha

Franklin Wireless: Extremely Cheap At 1.8x EV/EBIT, But With High Short-Term Risk

Franklin Wireless trades at an EV/EBIT of 1.8x for 2021 YTD.

3 years ago - Seeking Alpha

Franklin Wireless Announces Rapid Subscriber Growth for Its Pintrac Mobile Device Management Service

Surpasses 50,000 Subscribers for Recently Launched Cloud-based Solution Surpasses 50,000 Subscribers for Recently Launched Cloud-based Solution

3 years ago - GlobeNewsWire

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Franklin Wireless Corp. Investors with Losses to Secure Counsel Before Important Deadline - FKWL

NEW YORK, May 4, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Franklin Wireless Corp. (NASDAQ: FKWL) between September 17, 2020 ...

3 years ago - PRNewsWire

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Franklin Wireless Corp. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline - FKWL

NEW YORK, April 29, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Franklin Wi...

3 years ago - PRNewsWire

ROSEN, A TOP RANKED LAW FIRM, Encourages Franklin Wireless Corp. Investors with Losses to Secure Counsel Before Important Deadline – FKWL

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Franklin Wireless Corp. (...

3 years ago - Business Wire

Franklin Wireless: Extremely Cheap, But Also Risky

Franklin Wireless is one of the cheapest companies on the market today, with an EV/EBIT ratio of barely over 3.

3 years ago - Seeking Alpha

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Franklin Wireless Corp. (FKWL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Franklin Wireless...

3 years ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Franklin Wireless Corp. (FKWL) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $FKWL #investors--The Law Offices of Frank R. Cruz Announces Investigation of Franklin Wireless Corp. (FKWL) on Behalf of Investors

3 years ago - Business Wire

Franklin Wireless Responds to Verizon Jetpack Recall

Company has received reports of battery failure on some devices. Company has received reports of battery failure on some devices.

3 years ago - GlobeNewsWire

Franklin Wireless Stock Is Trading Lower Following Battery Problems

Broadband data communications provider, Franklin Wireless Corp (NASDAQ: FKWL), was informed regarding battery issues in some of its wireless hotspot devices. The company, along with its battery and de...

3 years ago - Benzinga

Franklin Wireless Investigating Battery Issues

Company has received reports of battery failure on some devices Company has received reports of battery failure on some devices

3 years ago - GlobeNewsWire

Franklin Wireless Approved for Nasdaq Listing

Company to trade under ticker “FKWL” on the Nasdaq effective Monday, March 29, 2021 Company to trade under ticker “FKWL” on the Nasdaq effective Monday, March 29, 2021

3 years ago - GlobeNewsWire

3 Magic Formula Stocks for the Value Investor

To increase one's chances of beating the market, one method is to select stocks that rank highly according to the "Magic Formula" criteria.

Other symbols: CPRXIDT
3 years ago - GuruFocus

Franklin Wireless Reports Record Quarterly Revenue of $66.2 Million, Up nearly 400% Year-over-Year

Strong Demand Amidst Covid-19 Pandemic Drives Nearly 400% Gain in Year-over-Year Sales

4 years ago - GlobeNewsWire

Franklin Wireless Announces Pintrac Drive, a 4G LTE Connected Driving Experience Compatible with Over 200 Million Vehicles

New OBDII Device Brings Live Tracking, On-Board Broadband Wi-Fi, and Vehicle Health Monitoring for The Ultimate Connected Car Experience New OBDII Device Brings Live Tracking, On-Board Broadband Wi-Fi...

4 years ago - GlobeNewsWire