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North America
$11,926,922
Asia
$1,942
Net sales
$11,928,864
(-33.09%↓ Y/Y)
Gain from the
forgiveness of accounts...
$397,164
Interest income
$130,592
(-24.53%↓ Y/Y)
Gross profit
$2,034,060
(-37.26%↓ Y/Y)
Other income, net
$119,362
(-4.16%↓ Y/Y)
Cost of goods sold
$9,894,804
(-32.16%↓ Y/Y)
Total other income
(loss), net
$454,214
(163.89%↑ Y/Y)
Income from operations
$48,717
(-93.87%↓ Y/Y)
Loss from foreign
currency transactions
-$192,904
(80.87%↑ Y/Y)
Total operating
expenses
$1,985,343
(-18.86%↓ Y/Y)
Income before
provision for income taxes
$502,931
(496.72%↑ Y/Y)
Selling, general and
administrative
$1,208,525
(-20.47%↓ Y/Y)
Research and development
$776,818
(-16.22%↓ Y/Y)
Net income (loss)
$466,665
(659.25%↑ Y/Y)
Less noncontrolling
interests in net loss of...
-$80,628
(73.89%↑ Y/Y)
Income tax provision
$36,266
(-78.38%↓ Y/Y)
Net income
attributable to parent...
$533,622
(133.29%↑ Y/Y)
Less noncontrolling
interests in net income...
$13,671
(504.35%↑ Y/Y)
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Income Statement
source: myfinsight.com
FRANKLIN WIRELESS CORP (FKWL)
FRANKLIN WIRELESS CORP (FKWL)