Franklin Wireless Corp.

FKWL Technology Communication Equipment

Franklin Wireless Corp.’s revenue for fiscal 2026 (year ended June 2026) was $36.5 million, down 20.8% from fiscal 2025. In the quarter to June 2026, revenue grew 21.2%, EPS fell 1,649.7% and free cash flow fell 138.4%, each against the same quarter a year earlier.

2.27 0.02 +0.89%
Market cap
$26.3M
P/E
0.0×
Fwd P/E
71.5×
Dividend yield
0.00%
F-score
2/9
Altman Z
2.98
Beneish M
−2.02
Dividend safety
20/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 25.66%

Capital & Financial Ratios $m

Market Cap 26.34
Revenue 36.51
Net Income (6.92)
Free Cash Flow (6.83)
Net Debt (31.95)
Current Ratio 2.67 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 71.50 (above 35: high)
P/S ratio 0.73
P/B ratio 0.88
Past 5Y EPS Growth —
This Y EPS Growth 550.00% (at or above 15%: strong)
Next Y EPS Growth (55.56%) (below 0%: weak)
Next Y revenue growth 32.55% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 42.40%
10-year low 10-year high
P/B against its own 10 years 6.97%
10-year low 10-year high
EV/FCF against its own 10 years 13.43%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.00
Annual Dividend Yield 0.00%
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 39 37 41 32
Receivables 9 1 2 3
Inventory 4 1 2 5
Other 0 0 0 0
52 40 45 40
2023 2024 2025 2026
Payables 13 7 8 7
ST’ Debt — — — —
Other 0 0 0 4
17 9 12 15

Compound Annual Growth %

10y 5y 3y
Sales (4.81%) (27.64%) (7.37%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 5.28% (7.97%) (8.97%)

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 13 12 3 8 37
’25 13 18 8 7 46
’24 10 9 6 6 31
’23 8 9 12 17 46
’22 3 2 7 12 24
’21 63 66 44 11 184
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (1) (4) 0 (1) (6)
’25 3 3 (6) 2 2
’24 (5) (1) (1) 6 (1)
’23 (1) (6) 0 5 (2)
’22 (6) (2) 1 0 (7)
’21 9 28 (17) (8) 12
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (2) (4) 0 (1) (7)
’25 3 3 (6) 2 1
’24 (5) (1) (1) 6 (1)
’23 (2) (7) 0 5 (4)
’22 (6) (3) 1 0 (8)
’21 9 27 (17) (8) 11
Fiscal quarters ending in the months shown.

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.05 0.05 (0.13) (0.52) (0.59)
’25 0.04 0.02 (0.05) (0.03) (0.02)
’24 (0.02) (0.06) (0.10) (0.15) (0.34)
’23 (0.10) (0.03) 0.02 (0.13) (0.24)
’22 (0.10) (0.10) (0.07) (0.06) (0.32)
’21 0.64 0.58 0.33 (0.03) 1.53
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 1.80 1.60 1.93 2.17 3.23 2.71 2.78 2.69 3.67 2.17

Analyst estimates 2027–2029

Powerpack
High 3.00 2.30 2.89 28.14 24.95 4.84 5.44 4.92 7.45 4.37
People
People Employees 76 67 71 71 74 76 69 69 67 69
Revenue/emp, $m 0.64 0.45 0.51 1.06 2.49 0.32 0.67 0.45 0.69 0.53
Income, $m
Income, $m Revenue 49 30 36 75 184 24 46 31 46 37
Gross margin, % 18.98 17.27 15.74 19.35 17.63 15.90 15.28 11.39 17.17 17.13
EBT 1 (2) (2) 7 23 (5) (4) (5) 0 (7)
EBT margin, % 2.36 (7.85) (5.22) 9.72 12.73 (19.62) (8.34) (16.61) (0.40) (19.33)
Net income 1 (2) (1) 6 18 (4) (3) (4) 0 (7)
Depreciation 1 1 1 1 1 1 1 1 1 1
Per share, $
Per share, $ Revenue 4.62 2.85 3.45 7.09 16.22 2.07 3.92 2.61 3.91 3.10
Earnings 0.08 (0.20) (0.12) 0.52 1.56 (0.32) (0.24) (0.34) (0.02) (0.59)
Cash flow 0.14 (0.19) 0.07 2.08 1.07 (0.64) (0.16) (0.07) 0.16 (0.53)
Capex (0.05) (0.04) (0.06) (0.07) (0.06) (0.06) (0.15) (0.02) (0.05) (0.05)
Free cash flow 0.09 (0.23) 0.01 2.01 1.00 (0.70) (0.31) (0.08) 0.11 (0.58)
Book value 1.82 1.62 1.45 2.00 4.07 3.67 3.44 3.09 3.22 2.59
Shares, m 11 11 11 11 11 12 12 12 12 12
Valuation, ×
Valuation, × P/E 25.00 0.00 0.00 10.82 5.87 0.00 0.00 0.00 0.00 0.00
P/S 0.49 0.63 0.63 0.78 0.57 1.53 0.95 1.38 1.07 0.82
P/B 1.24 1.11 1.49 2.76 2.25 0.86 1.08 1.17 1.30 0.98
EV/Sales 0.19 0.23 0.30 0.34 0.29 (0.22) 0.12 0.18 0.20 (0.04)
EV/FCF 9.45 (2.90) 79.17 1.19 4.69 0.65 (1.47) (5.43) 7.22 0.22
Cash, $m
Cash, $m Operating cash flow 1 (2) 1 22 12 (7) (2) (1) 2 (6)
Capex 0 0 (1) (1) (1) (1) (2) 0 (1) (1)
Free cash flow 1 (2) 0 21 11 (8) (4) (1) 1 (7)
Balance, $m
Balance, $m Working capital 16 14 11 18 44 39 35 31 33 25
Total debt — — — 0 0 0 0 — — —
Net debt (14) (12) (12) (33) (51) (43) (39) (37) (41) (32)
Shareholders’ equity 19 17 15 21 46 43 40 36 38 30
Returns, %
Returns, % ROA 2.73 (7.28) (5.51) 12.82 28.74 (6.85) (5.25) (7.65) (0.50) (9.71)
ROIC 11.33 (33.25) (38.21) 0.00 0.00 0.00 (101.61) 0.00 0.00 0.00
ROE 4.68 (11.58) (7.90) 30.49 52.60 (8.48) (6.90) (10.32) (0.65) (13.88)
Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 30 Sep 2026

Charts ten years each

Franklin Wireless Corp. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AMPG AmpliTech Group, Inc. $77.3M — (loss-making) 21.6× −26.81% (below 0%: shrinking) n/m −3.69% (below 0%: shrinking) 27.93% (39.60%) Compare
INSG Inseego $71.4M — (loss-making) — (loss-making) +9.35% (above 0%: growing) n/m −283.33% (below 0%: shrinking) 33.75% (16.45%) Compare
AIRG Airgain, Inc. $54.9M — (loss-making) — (loss-making) +0.55% (above 0%: growing) n/m −1,715.93% (below 0%: shrinking) 42.26% (12.30%) Compare
WATT Energous Corporation $49.5M — (loss-making) — (loss-making) +216.82% (above 0%: growing) n/m −90.60% (below 0%: shrinking) 3.04% (103.37%) Compare
CMTL Comtech Telecommunications Corp. $43.4M — (loss-making) — (loss-making) −8.63% (below 0%: shrinking) n/m +520.63% (above 0%: growing) 16.01% 14.92% Compare
BOSC B.O.S. Better Online Solutions $30.3M 7.9× 8.5× +28.85% (above 0%: growing) +46.15% (above 0%: growing) +208.74% (above 0%: growing) 22.95% 7.20% Compare
FKWL Franklin Wireless Corp. $26.3M — (loss-making) 71.5× +21.21% (above 0%: growing) n/m −138.43% (below 0%: shrinking) 9.03% (21.50%)
UTSI UTStarcom Holdings Corp $22.7M — (loss-making) — (loss-making) −25.06% (below 0%: shrinking) n/m −244.19% (below 0%: shrinking) 27.96% 0.00% Compare
CMBMF Cambium Networks Corporation $11.3M — (loss-making) — (loss-making) +32.05% (above 0%: growing) n/m +20.45% (above 0%: growing) 50.84% (2.63%) Compare
Median of peers $46.5M — — +4.95% — −47.15% 27.95% (7.46%)

All 47 Communication Equipment stocks →

Franklin Wireless Corp. (FKWL) key facts

  • Concern: Franklin Wireless Corp.’s revenue for fiscal 2026 (year ended June 2026) was $36.5 million, down 20.8% from fiscal 2025.
  • Franklin Wireless Corp. (FKWL) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
  • As of October 15, 2026, FKWL traded at $2.27, a market capitalization of $26.3 million.
  • Return on equity was −13.9% and debt-to-equity 0.00.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 2.98 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 30, 2026.

Franklin Wireless Corp. (FKWL) Latest News

stockrow.com/FKWL · Data as of Sep 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com