For the quarter ending 2025-12-31, FKWL made $11,928,864 in revenue. $533,622 in net income. Net profit margin of 4.47%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Net sales | 11,928,864 | 12,744,960 | 6,927,272 | 8,009,619 |
| Cost of goods sold | 9,894,804 | 9,835,190 | 5,679,647 | 6,655,739 |
| Gross profit | 2,034,060 | 2,909,770 | 1,247,625 | 1,353,880 |
| Selling, general and administrative | 1,208,525 | 1,369,638 | 1,210,292 | 2,526,220 |
| Research and development | 776,818 | 949,752 | 1,356,897 | 794,213 |
| Total operating expenses | 1,985,343 | 2,319,390 | 2,567,189 | 3,320,433 |
| Litigation settlement income | - | - | - | -1,000,000 |
| Income from operations | 48,717 | 590,380 | -1,319,564 | -1,966,553 |
| Interest income | 130,592 | 151,626 | 164,534.5 | 184,254 |
| Income from governmental subsidy | - | - | 0 | - |
| Gain from the forgiveness of accounts payable and accrued liabilities | 397,164 | 15,650 | 61,898 | - |
| Gain (loss) from the disposal of property and equipment and intangible assets | - | - | 890.75 | - |
| Litigation settlement income | - | - | 250,000 | - |
| Loss from foreign currency transactions | -192,904 | -290,870 | 713,159 | 40,067 |
| Other income, net | 119,362 | 126,398 | 115,521 | 107,118 |
| Total other income (loss), net | 454,214 | 2,804 | 988,264 | 1,331,439 |
| Income before provision for income taxes | 502,931 | 593,184 | -331,300 | -635,114 |
| Income tax provision | 36,266 | 42,648 | -263,366 | 2,592 |
| Net income (loss) | 466,665 | 550,536 | -67,934 | -637,706 |
| Less noncontrolling interests in net loss of subsidiary at 33.7 | -80,628 | -105,164 | 259,620 | -5,215 |
| Less noncontrolling interests in net income (loss) of subsidiary at 40.0 | 13,671 | 15,222 | 7,344 | 12,295 |
| Net income attributable to parent company | 533,622 | 640,478 | -342,242 | -644,786 |
| Earnings per share attributable to parent company stockholders - basic | 0.05 | 0.05 | -0.03 | -0.05 |
| Earnings per share attributable to parent company stockholders - diluted | 0.05 | 0.05 | -0.03 | -0.05 |
| Weighted average common shares outstanding - basic | 11,784,280 | 11,784,280 | -23,568,560 | 11,784,280 |
| Weighted average common shares outstanding - diluted | 11,816,519 | 11,803,465 | -23,646,812 | 11,784,280 |
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)