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	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	12.27	12.27	12.24	26.28	45.8	28.16
Short-Term Investments	25.19	25.19	26.73	16.34	5.39	5.38
Cash & Short-Term Investments	37.46	37.46	38.97	42.61	51.18	33.54
Cash Growth	-3.88%	-3.88%	-8.55%	-16.74%	52.58%	183.60%
Accounts Receivable	1.16	1.16	8.95	1.32	2.54	15.97
Other Receivables	-	-	-	0.04	0.05	0.06
Receivables	1.16	1.16	9.04	1.36	2.59	16.03
Inventory	1.43	1.43	3.74	4.2	0.98	11.78
Prepaid Expenses	-	-	-	0.04	0.04	0.02
Other Current Assets	0.18	0.18	0.11	0.17	0.04	0.03
Total Current Assets	40.22	40.22	51.86	48.39	54.84	61.41
Property, Plant & Equipment	1.6	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	1.31	1.31	2.18	1.35	1.25	1.13
Long-Term Deferred Tax Assets	3.18	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	46.72	46.72	56.93	52.04	57.79	65.39
Accounts Payable	7.26	7.26	12.95	8.14	9.72	42.08
Accrued Expenses	1.38	1.38	0.8	0.39	0.58	0.29
Current Portion of Leases	0.24	0.24	0.16	0.31	0.32	0.4
Current Income Taxes Payable	-	-	-	0.01	0.33	0.03
Current Unearned Revenue	0.16	0.16	0.15	0.23	-	-
Other Current Liabilities	0.05	0.05	2.45	0.2	0.21	0.18
Total Current Liabilities	9.09	9.09	16.51	9.28	11.16	42.98
Long-Term Debt	-	-	-	-	-	0.49
Long-Term Leases	1.26	1.26	-	0.16	0.47	0.78
Total Liabilities	10.34	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	14.73	14.73	14.44	13.59	12.97	7.48
Retained Earnings	25.14	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	-1.18	-1.18	-1.07	-0.98	-0.47	-0.65
Total Common Equity	35.15	35.15	38.93	41.03	44.69	20.35
Minority Interest	1.23	1.23	1.49	1.57	1.48	0.78
Shareholders' Equity	36.38	36.38	40.41	42.6	46.17	21.14
Total Liabilities & Equity	46.72	46.72	56.93	52.04	57.79	65.39
Total Debt	1.5	1.5	0.16	0.47	0.79	1.67
Net Cash (Debt)	35.96	35.96	38.81	42.15	50.4	31.87
Net Cash Growth	-7.34%	-7.34%	-7.91%	-16.37%	58.12%	169.46%
Net Cash Per Share	3.05	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	31.13	31.13	35.34	39.11	43.68	18.43
Book Value Per Share	2.98	2.98	3.30	3.51	3.86	1.92
Tangible Book Value	33.56	33.56	36.47	39.41	43.17	18.96
Tangible Book Value Per Share	2.85	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.