Franklin Wireless Corp.

NasdaqCM:FKWL Stock Report

Market Cap: US$32.9m

Franklin Wireless Past Earnings Performance

Past criteria checks 0/6

Franklin Wireless's earnings have been declining at an average annual rate of -55.9%, while the Communications industry saw earnings declining at 0.9% annually. Revenues have been declining at an average rate of 31.3% per year.

Key information

-55.94%

Earnings growth rate

-56.83%

EPS growth rate

Communications Industry Growth31.77%
Revenue growth rate-31.33%
Return on equity-2.20%
Net Margin-2.07%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article May 21

Here's Why We're Not Too Worried About Franklin Wireless' (NASDAQ:FKWL) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Nov 21

We're Interested To See How Franklin Wireless (NASDAQ:FKWL) Uses Its Cash Hoard To Grow

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Aug 21

Cautious Investors Not Rewarding Franklin Wireless Corp.'s (NASDAQ:FKWL) Performance Completely

Franklin Wireless Corp.'s ( NASDAQ:FKWL ) price-to-sales (or "P/S") ratio of 1.1x might make it look like a buy right...
Analysis Article Apr 08

Franklin Wireless Corp. (NASDAQ:FKWL) May Have Run Too Fast Too Soon With Recent 25% Price Plummet

Franklin Wireless Corp. ( NASDAQ:FKWL ) shares have had a horrible month, losing 25% after a relatively good period...
Analysis Article Feb 19

Franklin Wireless Corp.'s (NASDAQ:FKWL) 40% Price Boost Is Out Of Tune With Revenues

Franklin Wireless Corp. ( NASDAQ:FKWL ) shares have continued their recent momentum with a 40% gain in the last month...
Analysis Article Sep 26

We're Not Worried About Franklin Wireless' (NASDAQ:FKWL) Cash Burn

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Jun 21

Getting In Cheap On Franklin Wireless Corp. (NASDAQ:FKWL) Is Unlikely

There wouldn't be many who think Franklin Wireless Corp.'s ( NASDAQ:FKWL ) price-to-sales (or "P/S") ratio of 1x is...
Analysis Article Jul 12

We're Hopeful That Franklin Wireless (NASDAQ:FKWL) Will Use Its Cash Wisely

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article May 03

Franklin Wireless (NASDAQ:FKWL) Might Be Having Difficulty Using Its Capital Effectively

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Seeking Alpha Apr 18

Franklin Wireless: Turnaround Possible For This Small Cap, But Much Risk Looms

Franklin Wireless (FKWL) is a supplier of wireless products such as mobile hotspots and routers which support 5G technology. The company’s main customer Verizon recalled 2.5 million units in 2021, due to just 15 devices overheating. However, the device fault was unable to be replicated by Franklin. Their share price is now down by 81% from the highs in April 2021 and the small cap stock trades at just 1.2 times cash.
Seeking Alpha Jan 18

Franklin Wireless Is Too Expensive Even After The Sell-Off

FKWL is dedicated to router and hotspot device manufacturing. The company's sales multiplied because of COVID and so did its stock price. Failure in a few devices made Verizon give voluntary recall options to their clients. The ensuing panic made the stock plummet again. Some speculate the stock can rebound. However, before COVID, the company's operations were marginal and its products have no differentiation.
Seeking Alpha Dec 21

Franklin Wireless: Betting On A (Quasi) Binary Situation

Franklin Wireless is trading at ridiculous multiples because of an ongoing issue with their main customer: Verizon. At an EV of 0 (net cash equals the market cap) and a P/E of about 4, the company is probably one of the cheapest in the US stock market. There is still significant risk, primarily driven by customer relations and the ongoing recall resolution. The fair price, calculated by including every case/scenario, offers an upside potential of 25%.
Analysis Article Nov 23

We Like Franklin Wireless' (NASDAQ:FKWL) Returns And Here's How They're Trending

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Oct 28

Estimating The Intrinsic Value Of Franklin Wireless Corp. (NASDAQ:FKWL)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Franklin Wireless...
Analysis Article Oct 05

Earnings Working Against Franklin Wireless Corp.'s (NASDAQ:FKWL) Share Price Following 26% Dive

Franklin Wireless Corp. ( NASDAQ:FKWL ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Oct 02

Here's Why I Think Franklin Wireless (NASDAQ:FKWL) Is An Interesting Stock

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Seeking Alpha Jun 22

Franklin Wireless: Extremely Cheap At 1.8x EV/EBIT, But With High Short-Term Risk

Franklin Wireless trades at an EV/EBIT of 1.8x for 2021 YTD. The stock is very cheap, and the company has a strong cash position. The stock is risky due to recall and possible relationship damage. Keep an eye out for recall and litigation news.
Analysis Article Jun 12

Do Franklin Wireless's (NASDAQ:FKWL) Earnings Warrant Your Attention?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article May 22

This Franklin Wireless Corp. (NASDAQ:FKWL) Analyst Is Way More Bearish Than They Used To Be

The latest analyst coverage could presage a bad day for Franklin Wireless Corp. ( NASDAQ:FKWL ), with the covering...
Analysis Article May 21

Earnings Miss: Here's What Franklin Wireless Corp. (NASDAQ:FKWL) Analysts Are Forecasting For Next Year

It's shaping up to be a tough period for Franklin Wireless Corp. ( NASDAQ:FKWL ), which a week ago released some...

Revenue & Expenses Breakdown

How Franklin Wireless makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:FKWL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2635-154
31 Dec 2540064
30 Sep 2546074
30 Jun 2546074
31 Mar 2545-274
31 Dec 2443-264
30 Sep 2434-364
30 Jun 2431-463
31 Mar 2442-453
31 Dec 2347-264
30 Sep 2347-254
30 Jun 2346-354
31 Mar 2341-254
31 Dec 2236-354
30 Sep 2229-454
30 Jun 2224-454
31 Mar 2223-354
31 Dec 2160245
30 Sep 211251055
30 Jun 211841855
31 Mar 212112154
31 Dec 201821854
30 Sep 201291244
30 Jun 2075644
31 Mar 2043144
31 Dec 1936043
30 Sep 1932-143
30 Jun 1936-153
31 Mar 1939-153
31 Dec 1837-153
30 Sep 1836-153
30 Jun 1830-253
31 Mar 1834-143
31 Dec 1738-154
30 Sep 1744054
30 Jun 1749153
31 Mar 1750153
31 Dec 1655253
30 Sep 1661253
30 Jun 1660253
31 Mar 1656153
31 Dec 1552153
30 Sep 1545053
30 Jun 1546153

Quality Earnings: FKWL is currently unprofitable.

Growing Profit Margin: FKWL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FKWL is unprofitable, and losses have increased over the past 5 years at a rate of 55.9% per year.

Accelerating Growth: Unable to compare FKWL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FKWL is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (11.5%).


Return on Equity

High ROE: FKWL has a negative Return on Equity (-2.2%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 09:19
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Franklin Wireless Corp. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaeson Allen SchmidtLake Street Capital Markets, LLC