FKWL: Franklin Wireless Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Franklin Wireless Corp (FKWL).
$42.78M Market Cap.
FKWL Market Cap. (MRY)
FKWL Shares Outstanding (MRY)
FKWL Assets (MRY)
Total Assets
$46.72M
Total Liabilities
$10.34M
Total Investments
$25.19M
FKWL Income (MRY)
Revenue
$30.80M
Net Income
-$3.96M
Operating Expense
$9.45M
FKWL Cash Flow (MRY)
CF Operations
-$773.36K
CF Investing
$723.86K
CF Financing
$91.06K
FKWL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $46,719,829 (-17.93%) | $56,927,078 (9.39%) | $52,041,871 (-9.94%) | $57,788,637 (-11.63%) |
Assets Current | $40,220,460 (-22.44%) | $51,857,095 (7.16%) | $48,390,426 (-11.75%) | $54,835,642 (-10.71%) |
Assets Non-Current | $6,499,369 (28.19%) | $5,069,983 (38.85%) | $3,651,445 (23.65%) | $2,952,995 (-25.81%) |
Goodwill & Intangible Assets | $1,582,911 (-35.50%) | $2,454,169 (51.18%) | $1,623,341 (6.80%) | $1,520,035 (8.70%) |
Shareholders Equity | $35,147,054 (-9.71%) | $38,926,861 (-5.13%) | $41,032,790 (-8.18%) | $44,686,002 (119.55%) |
Property Plant & Equipment Net | $1,600,973 (530.92%) | $253,753 (-54.24%) | $554,573 (-38.71%) | $904,873 (-33.49%) |
Cash & Equivalents | $12,266,556 (0.21%) | $12,241,286 (-53.42%) | $26,277,418 (-42.62%) | $45,796,006 (62.62%) |
Accumulated Other Comprehensive Income | -$1,182,825 (-10.35%) | -$1,071,930 (-8.92%) | -$984,152 (-108.29%) | -$472,502 (27.35%) |
Deferred Revenue | $158,771 (8.38%) | $146,488 (-36.76%) | $231,624 (0%) | $0 (0%) |
Total Investments | $25,191,271 (-6.07%) | $26,819,370 (64.17%) | $16,336,659 (203.32%) | $5,386,034 (0.08%) |
Investments Current | $25,191,271 (-6.07%) | $26,819,370 (64.17%) | $16,336,659 (203.32%) | $5,386,034 (0.08%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,425,685 (-61.90%) | $3,741,637 (-10.87%) | $4,197,863 (330.32%) | $975,519 (-91.72%) |
Trade & Non-Trade Receivables | $1,155,060 (-87.09%) | $8,949,802 (556.75%) | $1,362,751 (-47.43%) | $2,592,469 (-83.83%) |
Trade & Non-Trade Payables | $7,262,195 (-43.92%) | $12,950,497 (59.03%) | $8,143,305 (-16.21%) | $9,718,989 (-76.91%) |
Accumulated Retained Earnings (Deficit) | $25,137,209 (-13.62%) | $29,101,225 (-8.96%) | $31,964,246 (-10.53%) | $35,727,094 (98.17%) |
Tax Assets | $3,184,240 (42.44%) | $2,235,515 (65.91%) | $1,347,436 (247.68%) | $387,548 (-58.69%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $6,702 (-97.99%) | $333,503 (860.74%) |
Total Debt | $1,497,719 (841.35%) | $159,104 (-66.00%) | $467,938 (-40.42%) | $785,456 (-53.02%) |
Debt Current | $239,727 (50.67%) | $159,104 (-48.48%) | $308,834 (-2.74%) | $317,519 (-20.72%) |
Debt Non-Current | $1,257,992 (0%) | $0 (0%) | $159,104 (-66.00%) | $467,937 (-63.20%) |
Total Liabilities | $10,343,831 (-37.36%) | $16,512,250 (74.93%) | $9,439,476 (-18.79%) | $11,623,473 (-73.74%) |
Liabilities Current | $9,085,839 (-44.98%) | $16,512,250 (77.93%) | $9,280,372 (-16.81%) | $11,155,536 (-74.05%) |
Liabilities Non-Current | $1,257,992 (0%) | $0 (0%) | $159,104 (-66.00%) | $467,937 (-63.20%) |
FKWL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $30,796,690 (-32.98%) | $45,948,516 (91.47%) | $23,997,762 (-86.97%) | $184,115,345 (145.25%) |
Cost of Revenue | $27,288,340 (-29.90%) | $38,927,774 (92.89%) | $20,181,179 (-86.69%) | $151,651,324 (150.47%) |
Selling General & Administrative Expense | $6,041,355 (10.82%) | $5,451,653 (20.90%) | $4,509,344 (-11.20%) | $5,077,848 (37.24%) |
Research & Development Expense | $3,406,750 (-13.06%) | $3,918,664 (-8.49%) | $4,282,131 (-6.26%) | $4,567,863 (21.92%) |
Operating Expenses | $9,448,105 (0.83%) | $9,370,317 (6.58%) | $8,791,475 (-8.86%) | $9,645,711 (29.54%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | -$949,300 (-7.06%) | -$886,659 (14.50%) | -$1,037,068 (-120.58%) | $5,039,295 (265.09%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$4,166,671 (-41.50%) | -$2,944,659 (19.82%) | -$3,672,405 (-119.96%) | $18,396,182 (210.82%) |
Net Income to Non-Controlling Interests | -$202,655 (-148.24%) | -$81,638 (-190.26%) | $90,443 (-87.03%) | $697,147 (89.46%) |
Net Income | -$3,964,016 (-38.46%) | -$2,863,021 (23.91%) | -$3,762,848 (-121.26%) | $17,699,035 (218.87%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$3,964,016 (-38.46%) | -$2,863,021 (23.91%) | -$3,762,848 (-121.26%) | $17,699,035 (218.87%) |
Weighted Average Shares | $11,784,280 (0.41%) | $11,736,609 (1.06%) | $11,613,812 (2.32%) | $11,350,946 (7.27%) |
Weighted Average Shares Diluted | $11,784,280 (0.41%) | $11,736,609 (1.06%) | $11,613,812 (0.18%) | $11,592,901 (8.18%) |
Earning Before Interest & Taxes (EBIT) | -$4,913,316 (-31.03%) | -$3,749,680 (21.88%) | -$4,799,916 (-121.11%) | $22,738,330 (228.07%) |
Gross Profit | $3,508,350 (-50.03%) | $7,020,742 (83.95%) | $3,816,583 (-88.24%) | $32,464,021 (123.51%) |
Operating Income | -$5,939,755 (-152.80%) | -$2,349,575 (52.77%) | -$4,974,892 (-121.80%) | $22,818,310 (222.38%) |
FKWL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | $723,858 (105.98%) | -$12,109,183 (-3.72%) | -$11,675,028 (-1515.88%) | -$722,520 (9.11%) |
Net Cash Flow from Financing | $91,057 (112.04%) | $42,943 (-43.08%) | $75,445 (-98.76%) | $6,074,759 (1067.26%) |
Net Cash Flow from Operations | -$773,360 (58.91%) | -$1,882,114 (74.59%) | -$7,407,355 (-161.20%) | $12,104,199 (-44.99%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $25,270 (100.18%) | -$14,036,132 (28.09%) | -$19,518,588 (-210.68%) | $17,634,362 (-18.79%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $910,034 (108.76%) | -$10,391,654 (5.10%) | -$10,950,625 (-265950.17%) | -$4,116 (-143.26%) |
Capital Expenditure | -$178,384 (89.37%) | -$1,678,482 (-139.57%) | -$700,629 (2.14%) | -$715,952 (-36.34%) |
Issuance (Repayment) of Debt Securities | $91,057 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $45,000 (-40.35%) | $75,445 (-98.76%) | $6,074,759 (18237.23%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$16,285 (81.45%) | -$87,778 (82.84%) | -$511,650 (-387.57%) | $177,924 (1238.79%) |
Share Based Compensation | $295,104 (-58.49%) | $710,870 (30.23%) | $545,841 (43.36%) | $380,758 (0%) |
Depreciation Amortization & Accretion | -$306,197 (-125.78%) | $1,187,521 (22.25%) | $971,397 (6.48%) | $912,300 (-2.64%) |
FKWL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 11.40% (-25.49%) | 15.30% (-3.77%) | 15.90% (-9.66%) | 17.60% (-8.81%) |
Profit Margin | -12.90% (-108.06%) | -6.20% (60.51%) | -15.70% (-263.54%) | 9.60% (29.73%) |
EBITDA Margin | -16.90% (-201.79%) | -5.60% (65.00%) | -16.00% (-225.00%) | 12.80% (21.90%) |
Return on Average Equity (ROAE) | -10.70% (-48.61%) | -7.20% (19.10%) | -8.90% (-120.55%) | 43.30% (32.01%) |
Return on Average Assets (ROAA) | -7.90% (-49.06%) | -5.30% (26.39%) | -7.20% (-133.49%) | 21.50% (48.28%) |
Return on Sales (ROS) | -16.00% (-95.12%) | -8.20% (59.00%) | -20.00% (-261.29%) | 12.40% (34.78%) |
Return on Invested Capital (ROIC) | -16.20% (9.50%) | -17.90% (69.08%) | -57.90% (71.29%) | -201.70% (-274.48%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -10.68 (31.31%) | -15.54 (-56.75%) | -9.91 (-268.68%) | 5.88 (-44.63%) |
Price to Sales Ratio (P/S) | 1.39 (45.75%) | 0.95 (-37.92%) | 1.53 (171.68%) | 0.56 (-27.38%) |
Price to Book Ratio (P/B) | 1.22 (7.79%) | 1.13 (26.00%) | 0.9 (-62.32%) | 2.38 (-17.29%) |
Debt to Equity Ratio (D/E) | 0.29 (-30.66%) | 0.42 (84.35%) | 0.23 (-11.54%) | 0.26 (-88.04%) |
Earnings Per Share (EPS) | -0.34 (-41.67%) | -0.24 (25.00%) | -0.32 (-120.51%) | 1.56 (200.00%) |
Sales Per Share (SPS) | 2.61 (-33.26%) | 3.92 (89.50%) | 2.07 (-87.26%) | 16.22 (128.61%) |
Free Cash Flow Per Share (FCFPS) | -0.08 (73.27%) | -0.3 (56.59%) | -0.7 (-169.59%) | 1 (-50.59%) |
Book Value Per Share (BVPS) | 2.98 (-10.07%) | 3.32 (-6.11%) | 3.53 (-10.26%) | 3.94 (104.63%) |
Tangible Assets Book Value Per Share (TABVPS) | 3.83 (-17.47%) | 4.64 (6.91%) | 4.34 (-12.43%) | 4.96 (-18.04%) |
Enterprise Value Over EBIT (EV/EBIT) | -8 (-14.29%) | -7 (0%) | 0 (0%) | 2 (-75.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -7.15 (31.17%) | -10.39 (-4457.46%) | -0.23 (-110.21%) | 2.23 (-66.33%) |
Asset Turnover | 0.61 (-28.07%) | 0.85 (86.27%) | 0.46 (-79.52%) | 2.24 (14.28%) |
Current Ratio | 4.43 (40.94%) | 3.14 (-39.76%) | 5.21 (6.06%) | 4.92 (244.02%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$951,744 (73.27%) | -$3,560,596 (56.09%) | -$8,107,984 (-171.20%) | $11,388,247 (-46.98%) |
Enterprise Value (EV) | $37,332,432 (40.23%) | $26,623,082 (2944.89%) | $874,354 (-98.34%) | $52,814,770 (1.20%) |
Earnings Before Tax (EBT) | -$4,913,316 (-31.03%) | -$3,749,680 (21.88%) | -$4,799,916 (-121.11%) | $22,738,330 (228.07%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$5,219,513 (-103.72%) | -$2,562,159 (33.08%) | -$3,828,519 (-116.19%) | $23,650,630 (200.59%) |
Invested Capital | $25,282,242 (-2.30%) | $25,878,477 (68.82%) | $15,328,678 (14852.47%) | $102,516 (101.87%) |
Working Capital | $31,134,621 (-11.91%) | $35,344,845 (-9.63%) | $39,110,054 (-10.46%) | $43,680,106 (137.05%) |
Tangible Asset Value | $45,136,918 (-17.14%) | $54,472,909 (8.04%) | $50,418,530 (-10.40%) | $56,268,602 (-12.07%) |
Market Capitalization | $42,776,936 (-2.68%) | $43,955,364 (19.49%) | $36,785,172 (-65.39%) | $106,282,877 (81.61%) |
Average Equity | $37,189,981 (-6.54%) | $39,793,885 (-5.67%) | $42,187,105 (3.23%) | $40,868,790 (141.78%) |
Average Assets | $50,058,989 (-6.82%) | $53,725,538 (2.76%) | $52,281,025 (-36.37%) | $82,158,912 (114.65%) |
Invested Capital Average | $30,240,752 (44.64%) | $20,908,012 (152.11%) | $8,293,221 (173.58%) | -$11,270,814 (-287.97%) |
Shares | 11,784,280 (0.00%) | 11,784,280 (1.64%) | 11,594,280 (0.03%) | 11,590,281 (9.32%) |