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Franklin Wireless Corp   (FKWL)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $2.9100 $0.03 1.042%
Day's High: $2.95 Week Perf: 1.39 %
Day's Low: $ 2.88 30 Day Perf: -3 %
Volume (M): 10 52 Wk High: $ 5.20
Volume (M$): $ 29 52 Wk Avg: $3.44
Open: $2.88 52 Wk Low: $2.75



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 67
 Revenues (TTM) (Millions $) 47
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -13
 Capital Exp. (TTM) (Millions $) 1

Franklin Wireless Corp

We are a provider of intelligent wireless solutions including mobile hotspots, routers and modems as well as innovative hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Our M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a broad spectrum of applications. These products are designed to solve wireless connectivity challenges in a variety of vertical markets including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, telematics and many more.

We have a majority ownership position in Franklin Technology Inc. ("FTI"), a research and development company located in Seoul, South Korea. FTI primarily provides design and development services to us for our wireless products.

Our products are generally marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors. Our global customer base extends primarily from the United States to countries in South America, the Caribbean, Europe, the Middle East and Africa ("EMEA") and Asia.

We incorporated in 1982 in California and reincorporated in Nevada on January 2, 2008. The reincorporation had no effect on the nature of our business or our management. Our headquarters office is located in San Diego, California. The office is principally composed of marketing, sales, operations, finance and administrative support. It is responsible for all customer-related activities, such as marketing communications, product planning, product management and customer support, along with sales and business development activities on a worldwide basis.

We were the world’s first supplier of both CDMA EVDO Rev A and dual-mode (CDMA Rev A/WiMAX) Universal Serial Bus (USB) modems. Our mobile broadband products include a variety of wireless USB modems as well as Wi-Fi mobile hotspot routers and embedded modules, which operate over LTE, HSPA, or CDMA networks. Our products provide consumers with an easy and convenient way in which to wirelessly connect to the Internet from laptop or desktop computers. These high-speed devices support the viewing of web pages and sending and receiving email with large file attachments, as well as downloading pictures, videos and music content.

Mobile Broadband Products:

Routers:

o Mobile hotspots: Single-mode and dual-mode (3G and 4G) portable Wi-Fi routers that provide wireless Internet access for multiple devices simultaneously including laptops, tablets and portable gaming devices.

USB Modems:

o USB modems: Single-mode and dual-mode modems that plug into the Universal Serial Bus (USB) port of laptop or desktop computers, providing an easy and convenient way for users to connect to wireless broadband networks.

Connected Devices and IoT Solutions:

IoT Gateway Devices:

o Wireless modems and gateway devices deliver reliable always-on connectivity supporting a broad spectrum of M2M and IoT applications. Featuring industrial grade ruggedized housings, these versatile and compact modems and routers provide 3G and 4G connectivity and include Wi-Fi and GPS functionality and support IoT cloud management.

Embedded Modules:

o Include single-mode and dual-mode modules that provide network connectivity for a wide-variety of products like vending machines, cargo containers, utility meters and video cameras. The primary market for these devices is original equipment manufacturers (OEMs) who seek reliable embedded module solutions for their wireless data needs.

Bus Information System:

o Represents a full end-to-end IoT solution and includes both hardware and software engineered by the Company. This innovative system features Franklin’s intelligent gateway that supports GPS, Wi-Fi, OBDII, CCTV and black box integration and includes a fully functional information system.



   Company Address: 3940 Ruffin Road San Diego 92123 CA
   Company Phone Number: 623-0000   Stock Exchange / Ticker: NASDAQ FKWL
   


Customers Net Income grew by FKWL's Customers Net Profit Margin grew to


6.82 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AKTS   -7.57%    
CLFD        6.52% 
MSI        2.16% 
CSCO        1.7% 
FFIV        4.24% 
GLW        2.93% 
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Franklin Wireless Corp

Franklin Wireless Corp's Fiscal Second Quarter 2024: A Disappointing Performance Overshadows Growth Potential



Franklin Wireless Corp, a prominent player in the Consumer Electronics industry, recently announced its financial results for the second quarter of 2024. Despite a slight decline in revenue, the company managed to maintain earnings per share (EPS) at $0.00. In light of these results, it is crucial to analyze the various factors contributing to Franklin Wireless Corp's performance and understand its position within the market.
Financial Results:
1. Earnings per Share (EPS):
- Franklin Wireless Corp reported unscathed EPS of $0.00 for the second quarter of 2024.
- This figure remained the same compared to the prior reporting period.

Franklin Wireless Corp

Franklin Wireless Corp Struggles to Translate Impressive 19.073% Revenue Rise into Earnings Growth in Q1 2024

Consumer Electronics company, Franklin Wireless Corp, faced challenges in the first quarter of 2024 as its earnings failed to grow despite a significant increase in revenue. While revenue saw an impressive advance of 19.073% to $9.66 million, earnings remained unaffected at $0.00 per share compared to -$0.13 per share in the previous year.
One of the reasons behind the stagnant earnings could be attributed to a tumbling revenue, which fell by -43.216% from $17.00 million in the prior financial reporting period. This decline in revenue may have impacted the company's ability to generate higher earnings.

Franklin Wireless Corp

Franklin Wireless Corp Reports Improved Earnings, But Caution Urged as $0.58 Million Income Tax Refund Plays Major Role

Investing in the stock market always carries a certain degree of risk. While some investors may be thrilled at the news of Franklin Wireless Corp's profitability for the fiscal third quarter of 2023, it is important to exercise caution and evaluate the situation before making any investment decisions.
First, it is important to note that the EPS of $0.02 per share is an improvement from the previous year, but it is still a relatively low number. Additionally, the positive turn in earnings per share must be considered with the knowledge that the prior reporting period had negative earnings per share.
While revenue growth of 77.231% may be impressive, it is not uncommon for a company to experience fluctuations in revenue. It is also important to consider the reason behind the surge in revenue. In this case, it is attributed to a $0.58 million income tax refund, which may not be sustainable in the long term.






 

Franklin Wireless's Segments
 
 
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