Franklin Wireless Corp. (FKWL)

Franklin Wireless Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	45.28	30.8	45.95	24	184.12	75.07
Revenue Growth (YoY)	8.62%	-32.98%	91.47%	-86.97%	145.25%	105.85%
Cost of Revenue	37.97	27.29	38.93	20.18	151.65	60.55
Gross Profit	7.31	3.51	7.02	3.82	32.46	14.52
Selling, General & Admin	7.48	6.04	5.45	4.51	5.08	3.7
Research & Development	3.62	3.41	3.92	4.28	4.57	3.75
Operating Expenses	11.1	9.45	9.37	8.79	9.65	7.45
Operating Income	-3.79	-5.94	-2.35	-4.97	22.82	7.08
Interest & Investment Income	0.78	0.8	0.46	0.07	0.01	0.16
Currency Exchange Gain (Loss)	-0.79	-0.49	-0.13	-	-	-
Other Non Operating Income (Expenses)	0.46	0.52	0.35	0.16	0.12	0.06
EBT Excluding Unusual Items	-3.33	-5.11	-1.67	-4.75	22.95	7.3
Gain (Loss) on Sale of Assets	-0.01	-0.01	-	-	-	-
Legal Settlements	1	-	-2.4	-	-	-
Other Unusual Items	0.25	-	0.24	0.04	0.49	-
Pretax Income	-2.1	-5.12	-3.83	-4.71	23.44	7.3
Income Tax Expense	-0.15	-0.95	-0.89	-1.04	5.04	1.38
Earnings From Continuing Operations	-1.94	-4.17	-2.94	-3.67	18.4	5.92
Minority Interest in Earnings	0.28	0.2	0.08	-0.09	-0.7	-0.37
Net Income	-1.67	-3.96	-2.86	-3.76	17.7	5.55
Net Income to Common	-1.67	-3.96	-2.86	-3.76	17.7	5.55
Net Income Growth	-	-	-	-	218.87%	-
Shares Outstanding (Basic)	12	12	12	12	11	11
Shares Outstanding (Diluted)	12	12	12	12	12	11
Shares Change (YoY)	-	0.41%	1.06%	0.18%	8.18%	1.38%
EPS (Basic)	-0.14	-0.34	-0.24	-0.32	1.56	0.52
EPS (Diluted)	-0.14	-0.34	-0.24	-0.32	1.53	0.52
EPS Growth	-	-	-	-	194.23%	-
Free Cash Flow	5.68	-0.83	-1.93	-7.45	12.08	21.82
Free Cash Flow Per Share	0.48	-0.07	-0.16	-0.64	1.04	2.04
Gross Margin	16.14%	11.39%	15.28%	15.90%	17.63%	19.35%
Operating Margin	-8.37%	-19.29%	-5.11%	-20.73%	12.39%	9.43%
Profit Margin	-3.68%	-12.87%	-6.23%	-15.68%	9.61%	7.39%
Free Cash Flow Margin	12.55%	-2.69%	-4.20%	-31.04%	6.56%	29.07%
EBITDA	-2.83	-4.91	-1.46	-4.31	23.34	7.65
EBITDA Margin	-6.25%	-15.95%	-3.17%	-17.95%	12.68%	10.20%
D&A For EBITDA	0.96	1.03	0.89	0.67	0.53	0.58
EBIT	-3.79	-5.94	-2.35	-4.97	22.82	7.08
EBIT Margin	-8.37%	-19.29%	-5.11%	-20.73%	12.39%	9.43%
Effective Tax Rate	-	-	-	-	21.50%	18.91%

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q