FKWL
Franklin Wireless Corp.4.4200
+0.0600+1.38%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
52.09MP/E (TTM)
-Basic EPS (TTM)
-0.01Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
Franklin Wireless posted Q2 FY2026 net sales of $11.9M, down 33.1% y/y from $17.8M yet up sequentially (derived), with gross margin slipping to 17.1% from 18.2% on lower-margin mix. Operating income fell to $48.7K from $795K y/y, but other income swung to a $454K gain from a $711K loss, fueled by $397K debt forgiveness and lighter FX hits, driving parent EPS to $0.05 from $0.02—consistent with 11.8M diluted shares. Cash dipped to $9.4M plus $24.3M short-term investments on $5.6M operating outflow from receivables buildup, offset by $0.7M investing inflow; no debt. Cash burned fast. Supply shortages threaten carrier deliveries.
8-K
Annual meeting results
Franklin Wireless held its annual shareholder meeting on December 22, 2025, electing OC Kim, Johnathan Chee, Heidy Chow, Kristina Kim, and Ira Greenstein as directors with strong support—over 5 million 'for' votes each, though Chee faced 279K withheld. Shareholders ratified Simon & Edward, LLP as auditors for fiscal 2026 by a landslide 7.999M-3K. Continuity intact.
10-Q
Q1 FY2026 results
Franklin Wireless posted Q1 FY2026 net sales of $12.7M, down 4.3% y/y, yet gross profit jumped 40.5% to $2.9M as margins expanded from 15.5% to 22.8% on lower production costs and higher-margin mix. Operating income flipped to $590K profit from a $373K loss, while net income to parent hit $640K or $0.05 diluted EPS—checks out against 11.8M shares. Cash and equivalents stood at $13.4M with short-term investments at $25.3M for $38.7M total liquidity; operations used $1.5M amid receivables buildup, no debt. North America drove 99.9% of sales. Two customers supplied 90% revenue. Customer concentration bites hard.
8-K
Special $0.04 dividend declared
10-K
FY2025 results
Franklin Wireless surged to $46.1M in FY2025 net sales, up 49.6% y/y, driven by North American carrier demand that lifted gross margins to 17.2% from 11.4%. Operating expenses rose 14.1% on payroll and R&D, yet other income of $2.7M—from legal settlements and forex gains—flipped the full-year net loss to just $(140k). Q4 momentum propelled the turnaround, fueled by higher-margin 5G products. Cash swelled to $40.6M. Two customers dominated 94% of sales. Dependence on few clients risks abrupt quarterly drops.
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