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	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	12.8	12.27	12.24	26.28	45.8	28.16
Short-Term Investments	25.34	25.19	26.73	16.34	5.39	5.38
Cash & Short-Term Investments	38.14	37.46	38.97	42.61	51.18	33.54
Cash Growth	20.17%	-3.88%	-8.55%	-16.74%	52.58%	183.60%
Accounts Receivable	3	1.16	8.95	1.32	2.54	15.97
Other Receivables	1	-	-	0.04	0.05	0.06
Receivables	4	1.16	9.04	1.36	2.59	16.03
Inventory	1.45	1.43	3.74	4.2	0.98	11.78
Prepaid Expenses	-	-	-	0.04	0.04	0.02
Other Current Assets	0.35	0.18	0.11	0.17	0.04	0.03
Total Current Assets	43.94	40.22	51.86	48.39	54.84	61.41
Property, Plant & Equipment	1.53	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	0.87	1.31	2.18	1.35	1.25	1.13
Long-Term Deferred Tax Assets	2.97	3.18	2.24	1.35	0.39	0.94
Other Long-Term Assets	0.13	0.13	0.13	0.13	0.14	0.28
Total Assets	49.71	46.72	56.93	52.04	57.79	65.39
Accounts Payable	6.23	7.26	12.95	8.14	9.72	42.08
Accrued Expenses	3.51	1.38	0.8	0.39	0.58	0.29
Current Portion of Leases	0.36	0.24	0.16	0.31	0.32	0.4
Current Income Taxes Payable	-	-	-	0.01	0.33	0.03
Current Unearned Revenue	0.12	0.16	0.15	0.23	-	-
Other Current Liabilities	0.04	0.05	2.45	0.2	0.21	0.18
Total Current Liabilities	10.26	9.09	16.51	9.28	11.16	42.98
Long-Term Debt	-	-	-	-	-	0.49
Long-Term Leases	1.12	1.26	-	0.16	0.47	0.78
Total Liabilities	11.38	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	14.9	14.73	14.44	13.59	12.97	7.48
Retained Earnings	25.24	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	-1.28	-1.18	-1.07	-0.98	-0.47	-0.65
Total Common Equity	35.32	35.15	38.93	41.03	44.69	20.35
Minority Interest	3.01	1.23	1.49	1.57	1.48	0.78
Shareholders' Equity	38.33	36.38	40.41	42.6	46.17	21.14
Total Liabilities & Equity	49.71	46.72	56.93	52.04	57.79	65.39
Total Debt	1.48	1.5	0.16	0.47	0.79	1.67
Net Cash (Debt)	36.66	35.96	38.81	42.15	50.4	31.87
Net Cash Growth	21.49%	-7.34%	-7.91%	-16.37%	58.12%	169.46%
Net Cash Per Share	3.11	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	33.69	31.13	35.34	39.11	43.68	18.43
Book Value Per Share	3.00	2.98	3.30	3.51	3.86	1.92
Tangible Book Value	34.18	33.56	36.47	39.41	43.17	18.96
Tangible Book Value Per Share	2.90	2.85	3.10	3.37	3.72	1.79
Machinery	-	-	-	0.97	0.93	1.73

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

SEC Filings: 10-K · 10-Q