Franklin Wireless Corp. (FKWL)

Franklin Wireless Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	14.62	12.27	12.24	26.28	45.8	28.16
Short-Term Investments	26.06	25.19	26.73	16.34	5.39	5.38
Cash & Short-Term Investments	40.68	37.46	38.97	42.61	51.18	33.54
Cash Growth	20.90%	-3.88%	-8.55%	-16.74%	52.58%	183.60%
Accounts Receivable	1.8	1.16	8.95	1.32	2.54	15.97
Other Receivables	-	-	-	0.04	0.05	0.06
Receivables	1.8	1.16	9.04	1.36	2.59	16.03
Inventory	2.56	1.43	3.74	4.2	0.98	11.78
Prepaid Expenses	-	-	-	0.04	0.04	0.02
Other Current Assets	0.23	0.18	0.11	0.17	0.04	0.03
Total Current Assets	45.27	40.22	51.86	48.39	54.84	61.41
Property, Plant & Equipment	1.74	1.6	0.25	0.55	0.9	1.36
Goodwill	0.27	0.27	0.27	0.27	0.27	0.27
Other Intangible Assets	1.08	1.31	2.18	1.35	1.25	1.13
Long-Term Deferred Tax Assets	3.14	3.18	2.24	1.35	0.39	0.94
Other Long-Term Assets	0.14	0.13	0.13	0.13	0.14	0.28
Total Assets	51.63	46.72	56.93	52.04	57.79	65.39
Accounts Payable	10.82	7.26	12.95	8.14	9.72	42.08
Accrued Expenses	1.71	1.38	0.8	0.39	0.58	0.29
Current Portion of Leases	0.35	0.24	0.16	0.31	0.32	0.4
Current Income Taxes Payable	-	-	-	0.01	0.33	0.03
Current Unearned Revenue	0.17	0.16	0.15	0.23	-	-
Other Current Liabilities	0.05	0.05	2.45	0.2	0.21	0.18
Total Current Liabilities	13.1	9.09	16.51	9.28	11.16	42.98
Long-Term Debt	-	-	-	-	-	0.49
Long-Term Leases	1.29	1.26	-	0.16	0.47	0.78
Total Liabilities	14.39	10.34	16.51	9.44	11.62	44.26
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	14.82	14.73	14.44	13.59	12.97	7.48
Retained Earnings	25.65	25.14	29.1	31.96	35.73	18.03
Treasury Stock	-3.55	-3.55	-3.55	-3.55	-3.55	-4.51
Comprehensive Income & Other	-1.1	-1.18	-1.07	-0.98	-0.47	-0.65
Total Common Equity	35.83	35.15	38.93	41.03	44.69	20.35
Minority Interest	1.41	1.23	1.49	1.57	1.48	0.78
Shareholders' Equity	37.24	36.38	40.41	42.6	46.17	21.14
Total Liabilities & Equity	51.63	46.72	56.93	52.04	57.79	65.39
Total Debt	1.64	1.5	0.16	0.47	0.79	1.67
Net Cash (Debt)	39.04	35.96	38.81	42.15	50.4	31.87
Net Cash Growth	16.31%	-7.34%	-7.91%	-16.37%	58.12%	169.46%
Net Cash Per Share	3.31	3.05	3.31	3.63	4.35	2.97
Filing Date Shares Outstanding	11.78	11.78	11.78	11.68	11.59	10.62
Total Common Shares Outstanding	11.78	11.78	11.78	11.68	11.59	10.61
Working Capital	32.17	31.13	35.34	39.11	43.68	18.43
Book Value Per Share	3.04	2.98	3.30	3.51	3.86	1.92
Tangible Book Value	34.48	33.56	36.47	39.41	43.17	18.96
Tangible Book Value Per Share	2.93	2.85	3.10	3.37	3.72	1.79
Machinery	-	-	-	0.97	0.93	1.73

Source: S&P Capital IQ. Standard template. Financial Sources.