Franklin Wireless Corp.
FKWL · Price history
Price at last available close
$2.17
−$0.25 (-10.33%) 1M
2026-10-27
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Company & revenue
About Franklin Wireless Corp.
Primary reporting period: 2026-06-30 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Franklin Wireless Corp. delivers sophisticated wireless connectivity solutions. Its product range features mobile hotspots, routers, trackers, and similar devices, all incorporating integrated hardware and software to facilitate machine-to-machine (M2M) communication and Internet of Things (IoT) applications. The company also offers specialized M2M and IoT systems, including embedded modules, modems, and gateways, engineered to provide robust connectivity for a diverse array of uses leveraging advanced 5G and 4G wireless technologies.
How they make money
Franklin Wireless Corp. generates revenue primarily through the design, development, and sale of wireless communication devices, including mobile hotspots, routers, and modems. The company operates by sourcing components from contract manufacturers and selling finished products to wireless carriers and distributors who provide connectivity services to end-users.
Products & services
The company provides wireless hardware solutions including 4G and 5G mobile hotspots, USB modems, and industrial IoT routers, alongside integrated software services for device management.
Brands & revenue mix
The primary brand under which the company markets its mobile hotspots, routers, and IoT devices.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Disclosed major customers
- Verizon Communications Inc.Source
Customer concentration
For the fiscal year ended June 30, 2026, the company reported that a significant portion of its net revenue was derived from a single major customer, Verizon, which accounted for approximately 88% of total net revenue.
Suppliers, materials & equipment
- Contract Manufacturers — The company relies on third-party contract manufacturers, primarily located in Asia, to assemble its wireless hardware products.Source
Competitors
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
31
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
32
Poor
Financial Strength
54
Business Quality / Moat
13
Management
40
Growth Quality
19
Risk / Durability
17
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
34
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
45/100
Building Historical Record
Model Score 45/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Balance-sheet / debt profile scores strongly
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
Company-specific research
Questions worth answering for FKWL
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can FKWL maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can FKWL fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is FKWL likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for FKWL to reach sustainable profitability?
- •What future growth or profitability would be needed to justify FKWL's current valuation?
Essential Investment Snapshot
Wall Street Score
31
Opportunity Score
34
Market Cap
$25.6M
P/E Ratio
-5.9
EPS
$-0.40
52-Week High
$5.48
52-Week Low
$2.21
Beta
0.31
Analyst Target
$6.00
Shares Outstanding
11.8M
Total Revenue
$36.5M
Total Debt
$1.0M
Dividend Yield (TTM)
1.84%
Liquidation Value / Share
$2.59
Dividend / Share (TTM)
$0.04
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for FKWL
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Community Sentiment
0 active · 0 total callsNo personal call yet on FKWL.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Strong relationships with major wireless carriers.
- +Expertise in wireless hardware and IoT integration.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Communication Equipment industry.
- −High customer concentration risk.
- −Dependence on third-party contract manufacturers.
- −Rapid technological changes in the wireless industry.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
7 historical score records availablePrevious Score
30
Sep 24, 2026
Change
+1.1
points
Current Score
31
Oct 1, 2026
Category Changes
FKWL increased 1.1 points because Debt improved by 33.5 points, Revenue improved by 7.6 points, Buffett improved by 6.8 points.
Positive Contributors
- + Debt improved by 33.5 points
- + Revenue improved by 7.6 points
- + Buffett improved by 6.8 points
Negative Contributors
- − Asset declined by 8.2 points
- − Moat declined by 12.2 points
Projected Score
Projected Score
32
Projected Change
+0.8 points
Preliminary comparable-period financial changes suggest improvement of approximately 0.8 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$2.17
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.5M | $36.5M | $46.1M | $30.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $30.3M | $30.3M | $38.2M | $27.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $6.2M | $6.3M | $7.9M | $3.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $3.2M | $3.2M | $4.1M | $3.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $5.7M | $5.7M | $6.7M | $6.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $8.9M | $8.9M | $10.8M | $9.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$1.9M | -$2.7M | $675K | -$5.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$2.7M | -$2.7M | -$2.9M | -$5.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$7.1M | -$7.1M | -$186K | -$5.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$139K | -$2.3M | -$45K | -$949K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$4.7M | -$4.7M | -$243K | -$4.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.40 | $-0.40 | $-0.02 | $-0.34 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 11.78M | 11.78M | 11.78M | 11.78M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 11.78M | 11.78M | 11.78M | 11.78M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$8.4M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.37
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-25.5%
Cash Change
-9.1%
Margin Change
-47.0 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Debt reduced
What Weakened
- Margins contracted
- Cash position declined
Potential Score Impact
Positive indicators included revenue growth, EPS growth, debt levels. Pressure indicators included cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 21.2%. EPS increased 1175.9%. Cash declined 9.1%. Total debt declined 25.5%. Net income margin declined by 47.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
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Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
7 historical recordsHistorical Score Chart
3 of 7 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Corporate developments & opportunities
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