For the quarter ending 2026-03-31, FKWL made $3,444,183 in revenue. -$1,558,372 in net income. Net profit margin of -45.25%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net sales | 3,444,183 | 11,928,864 | 12,744,960 | 6,927,272 |
| Cost of goods sold | 2,890,739 | 9,894,804 | 9,835,190 | 5,679,647 |
| Gross profit | 553,444 | 2,034,060 | 2,909,770 | 1,247,625 |
| Selling, general and administrative | 1,248,568 | 1,208,525 | 1,369,638 | 1,210,292 |
| Research and development | 816,331 | 776,818 | 949,752 | 1,356,897 |
| Total operating expenses | 2,064,899 | 1,985,343 | 2,319,390 | 2,567,189 |
| Loss from operations | -1,511,455 | 48,717 | 590,380 | -1,319,564 |
| Interest income | 104,094 | 130,592 | 151,626 | 146,040* |
| Gain (loss) from the disposal of property and equipment and intangible assets | - | - | - | 890.75* |
| Income from governmental subsidy | - | - | - | 0* |
| Litigation settlement income | 0 | - | - | -49,244.75* |
| Gain from the forgiveness of accounts payable and accrued liabilities | 0 | 397,164 | 15,650 | 61,898* |
| (loss) gain from foreign currency transactions | -462,176 | -192,904 | -290,870 | 713,159 |
| Other income, net | 100,085 | 119,362 | 126,398 | 115,521 |
| Total other income (loss), net | -257,997 | 454,214 | 2,804 | 988,264 |
| (loss) income before (benefit) provision for income taxes | -1,769,452 | 502,931 | 593,184 | -331,300 |
| Income tax (benefit) provision | -18,739 | 36,266 | 42,648 | -263,366 |
| Net loss | -1,750,713 | 466,665 | 550,536 | -67,934 |
| Less noncontrolling interests in net loss of subsidiary at 33.7 | -163,546 | -80,628 | -105,164 | 259,620 |
| Less noncontrolling interests in net (loss) income of subsidiary at 40.0 | -28,795 | 13,671 | 15,222 | 14,688 |
| Net (loss) income attributable to parent company | -1,558,372 | 533,622 | 640,478 | -342,242 |
| Basic EPS | -0.13 | 0.05 | 0.05 | -0.029 |
| Diluted EPS | -0.13 | 0.05 | 0.05 | -0.029 |
| Basic Average Shares | 11,784,280 | 11,784,280 | 11,784,280 | 11,784,280 |
| Diluted Average Shares | 11,784,280 | 11,816,519 | 11,803,465 | 11,706,028 |
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)