Franklin Wireless Corp. (FKWL)

Franklin Wireless Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	46.09	30.8	45.95	24	184.12
Revenue Growth (YoY)	49.65%	-32.98%	91.47%	-86.97%	145.25%
Cost of Revenue	38.17	27.29	38.93	20.18	151.65
Gross Profit	7.92	3.51	7.02	3.82	32.46
Selling, General & Admin	6.68	6.04	5.45	4.51	5.08
Research & Development	4.1	3.41	3.92	4.28	4.57
Operating Expenses	10.78	9.45	9.37	8.79	9.65
Operating Income	-2.86	-5.94	-2.35	-4.97	22.82
Interest & Investment Income	0.7	0.8	0.46	0.07	0.01
Currency Exchange Gain (Loss)	0.2	-0.49	-0.13	-	-
Other Non Operating Income (Expenses)	0.54	0.52	0.35	0.16	0.12
EBT Excluding Unusual Items	-1.44	-5.11	-1.67	-4.75	22.95
Gain (Loss) on Sale of Assets	0	-0.01	-	-	-
Legal Settlements	1	-	-2.4	-	-
Other Unusual Items	0.25	-	0.24	0.04	0.49
Pretax Income	-0.19	-5.12	-3.83	-4.71	23.44
Income Tax Expense	-0.05	-0.95	-0.89	-1.04	5.04
Earnings From Continuing Operations	-0.14	-4.17	-2.94	-3.67	18.4
Minority Interest in Earnings	-0.1	0.2	0.08	-0.09	-0.7
Net Income	-0.24	-3.96	-2.86	-3.76	17.7
Net Income to Common	-0.24	-3.96	-2.86	-3.76	17.7
Net Income Growth	-	-	-	-	218.87%
Shares Outstanding (Basic)	12	12	12	12	11
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	-	0.41%	1.06%	0.18%	8.18%
EPS (Basic)	-0.02	-0.34	-0.24	-0.32	1.56
EPS (Diluted)	-0.02	-0.34	-0.24	-0.32	1.53
EPS Growth	-	-	-	-	194.23%
Free Cash Flow	1.81	-0.83	-1.93	-7.45	12.08
Free Cash Flow Per Share	0.15	-0.07	-0.16	-0.64	1.04
Gross Margin	17.17%	11.39%	15.28%	15.90%	17.63%
Operating Margin	-6.21%	-19.29%	-5.11%	-20.73%	12.39%
Profit Margin	-0.53%	-12.87%	-6.23%	-15.68%	9.61%
Free Cash Flow Margin	3.93%	-2.69%	-4.20%	-31.04%	6.56%
EBITDA	-2	-4.91	-1.46	-4.31	23.34
EBITDA Margin	-4.35%	-15.95%	-3.17%	-17.95%	12.68%
D&A For EBITDA	0.86	1.03	0.89	0.67	0.53
EBIT	-2.86	-5.94	-2.35	-4.97	22.82
EBIT Margin	-6.21%	-19.29%	-5.11%	-20.73%	12.39%
Effective Tax Rate	-	-	-	-	21.50%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q