Franklin Wireless Corp. (NASDAQ:FKWL)

Franklin Wireless Corp. FKWL

Technology - Communication Equipment - NASDAQ - US

Watchlist

$ 4.27

-0.698 %

$ 50.3 M

Market Cap

-12.56

P/E

1. INTRINSIC VALUE

Franklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions that include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology. The company directly markets its products to wireless operators, as well as indirectly through strategic partners and distributors located primarily in the North America, the Caribbean and South America, and Asia. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California.[ Read More ]

The intrinsic value of one FKWL stock under the base case scenario is HIDDEN Compared to the current market price of 4.27 USD, Franklin Wireless Corp. is HIDDEN

FKWL Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart FKWL

FINANCIALS

Annual
Quarterly

30.8 M REVENUE

Growth Rates

1Year -32.98%

3Years -44.90%

5Years -3.32%

7Years -6.30%

10Years -0.05%

-5.94 M OPERATING INCOME

Growth Rates

1Year -152.80%

3Years -8.02%

5Years -23.79%

7Years -34.09%

10Years -7.38%

-4.17 M NET INCOME

Growth Rates

1Year -41.50%

3Years -7.04%

5Years -23.10%

7Years -30.38%

10Years -15.77%

-773 K OPERATING CASH FLOW

Growth Rates

1Year 58.91%

3Years -2.09%

5Years -14.84%

7Years -6.16%

10Years 7.62%

724 K INVESTING CASH FLOW

Growth Rates

1Year 105.98%

3Years 44.25%

5Years 16.17%

7Years 19.35%

10Years 14.94%

91.1 K FINANCING CASH FLOW

Growth Rates

1Year 112.04%

3Years -75.34%

5Years 0.00%

7Years -1.99%

10Years -0.53%

13.3 M REVENUE

Growth Rates

1Year -32.98%

3Years -44.90%

5Years -3.32%

7Years -6.30%

10Years -0.05%

-373 K OPERATING INCOME

Growth Rates

1Year -152.80%

3Years -8.02%

5Years -23.79%

7Years -34.09%

10Years -7.38%

649 K NET INCOME

Growth Rates

1Year -41.50%

3Years -7.04%

5Years -23.10%

7Years -30.38%

10Years -15.77%

2.67 M OPERATING CASH FLOW

Growth Rates

1Year 58.91%

3Years -2.09%

5Years -14.84%

7Years -6.16%

10Years 7.62%

-335 K INVESTING CASH FLOW

Growth Rates

1Year 105.98%

3Years 44.25%

5Years 16.17%

7Years 19.35%

10Years 14.94%

0 FINANCING CASH FLOW

Growth Rates

1Year 112.04%

3Years -75.34%

5Years 0.00%

7Years -1.99%

10Years -0.53%

Balance Sheet Decomposition Franklin Wireless Corp.

46.7 M ASSETS
10.3 M LIABILITIES

Current Assets	40.2 M
Cash & Short-Term Investments	37.5 M
Receivables	1.16 M
Other Current Assets	1.61 M
Non-Current Assets	6.5 M
Long-Term Investments	0
PP&E	1.6 M
Other Non-Current Assets	4.9 M

Current Liabilities	9.09 M
Accounts Payable	7.26 M
Short-Term Debt	479 K
Other Current Liabilities	1.34 M
Non-Current Liabilities	1.26 M
Long-Term Debt	1.26 M
Other Non-Current Liabilities	0

EFFICIENCY

Earnings Waterfall Franklin Wireless Corp.

Revenue	30.8 M
Cost Of Revenue	27.3 M
Gross Profit	3.51 M
Operating Expenses	9.45 M
Operating Income	-5.94 M
Other Expenses	-1.77 M
Net Income	-4.17 M

RATIOS

11.39% GROSS MARGIN

Averages

1Year 11.39%

3Years 14.19%

5Years 15.91%

7Years 16.08%

10Years 16.63%

-19.29% OPERATING MARGIN

Averages

1Year -19.29%

3Years -14.92%

5Years -4.59%

7Years -5.35%

10Years -3.10%

-12.87% NET MARGIN

Averages

1Year -12.87%

3Years -11.47%

5Years -3.48%

7Years -4.06%

10Years -2.23%

-11.28% ROE

Averages

1Year -11.28%

3Years -9.19%

5Years 7.86%

7Years 2.33%

10Years 3.54%

-8.48% ROA

Averages

1Year -8.48%

3Years -6.86%

5Years 3.71%

7Years 0.47%

10Years 1.41%

-13.67% ROIC

Averages

1Year -13.67%

3Years -9.16%

5Years 7.60%

7Years 1.70%

10Years 3.08%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Franklin Wireless Corp.

Net Income	-4.17 M
Depreciation & Amortization	-306 K
Capital Expenditures	-186 K
Stock-Based Compensation	295 K
Change in Working Capital	3.76 M
Others	35.8 K
Free Cash Flow	-960 K

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Franklin Wireless Corp.

FKWL has no price targets from Wall Street.

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally.

-7.75 USD

CMTL

Overvalued 398.25%

KVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally.

11.7 USD

KVHI

Undervalued 128.07%

AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.

8.69 USD

AMPG

Undervalued 886.74%

Siyata Mobile Inc. develops and provides cellular communications solutions for enterprise customers. It provides connected-vehicle devices and various accessories that are designed for professional fleets, such as trucks, vans, buses, ambulances, government cars, and others.

0 USD

SYTA

Overvalued 100.00%

Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally.

3.99 USD

OCC

Undervalued 71.87%

Knowles Corporation offers micro-acoustic microphones and balanced armature speakers, audio solutions, high performance capacitors, and radio frequency products for the consumer electronics, medtech, defense, electric vehicle, industrial, and communications markets.

6.96 USD

Overvalued 61.61%

6. Ownership

Insider Ownership Franklin Wireless Corp.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
3 years ago Jan 15, 2021	Sell 4.48 M USD	Jyoung Joon Won director, 10 percent owner:	- 864064	5.19 USD
3 years ago Dec 31, 2020	Sell 750 K USD	Lee Yun J Chief Operating Officer	- 50000	15 USD
3 years ago Dec 31, 2020	Sell 7.5 M USD	Kim OC President	- 500000	15 USD
3 years ago Dec 16, 2020	Bought 3.73 K USD	Lee Yun J Chief Operating Officer	+ 8291	0.45 USD
4 years ago May 07, 2020	Bought 20 K USD	Lee Yun J Chief Operating Officer	+ 10000	2 USD
4 years ago Sep 25, 2020	Bought 1 M USD	Kim OC President	+ 400000	2.5 USD
4 years ago May 07, 2020	Sell 20 K USD	Lee Yun J Chief Operating Officer	- 10000	2 USD
7 years ago Jun 16, 2017	Sell 3.02 K USD	Chee Johnathan Wonjong Director	- 1500	2.0133 USD
8 years ago Nov 02, 2016	Bought 501 K USD	Jyoung Joon Won director, 10 percent owner:	+ 250350	2 USD
8 years ago Oct 31, 2016	Bought 556 K USD	Jyoung Joon Won director, 10 percent owner:	+ 278000	2 USD
11 years ago Jun 27, 2013	Bought 540 K USD	Jyoung Joon Won director, 10 percent owner:	+ 385715	1.4 USD
11 years ago Jun 27, 2013	Bought 581 K USD	Jyoung Joon Won director, 10 percent owner:	+ 414778	1.4 USD
11 years ago Jan 14, 2013	Sell 13.5 K USD	Chee Johnathan Wonjong Director	- 7324	1.8487 USD
12 years ago Sep 27, 2012	Sell 839 K USD	OROS DAVID S	- 456005	1.84 USD
12 years ago Sep 27, 2012	Sell 851 K USD	SINGER KAREN	- 462697	1.84 USD
12 years ago Sep 27, 2012	Sell 92 K USD	MILLER LLOYD I III	- 50000	1.84 USD
12 years ago Feb 17, 2012	Bought 1.43 K USD	SINGER KAREN	+ 1100	1.3 USD
12 years ago Dec 29, 2011	Bought 6.46 K USD	SINGER KAREN	+ 4750	1.36 USD
12 years ago Dec 28, 2011	Bought 1.36 K USD	SINGER KAREN	+ 1000	1.36 USD
12 years ago Dec 15, 2011	Bought 1.35 USD	SINGER KAREN	+ 1	1.35 USD
12 years ago Dec 06, 2011	Bought 52.2 K USD	SINGER KAREN	+ 35500	1.47 USD
13 years ago Nov 21, 2011	Bought 21.1 K USD	SINGER KAREN	+ 14529	1.45 USD
13 years ago Nov 15, 2011	Bought 71 K USD	OROS DAVID S	+ 50000	1.42 USD
13 years ago Nov 15, 2011	Bought 72.8 K USD	SINGER KAREN	+ 52000	1.4 USD
14 years ago Apr 19, 2010	Bought 207 K USD	Lee Yun J Senior Vice President	+ 100000	2.07 USD
14 years ago Apr 19, 2010	Bought 414 K USD	Kim OC Chief Executive Officer	+ 200000	2.07 USD
15 years ago Jun 11, 2009	Bought 26.1 K USD	Nelson Gary Wendel Director	+ 47500	0.55 USD
15 years ago Jun 11, 2009	Bought 56.2 K USD	Lee Yun J Senior Vice President	+ 125000	0.45 USD
15 years ago Jun 11, 2009	Bought 26.1 K USD	Lee Jae Man director, 10 percent owner:	+ 47500	0.55 USD
15 years ago Jun 11, 2009	Bought 48.3 K USD	Kim OC Chief Executive Officer	+ 97500	0.495 USD
16 years ago Mar 20, 2008	Bought 2.56 M USD	Lee Jae Man director, 10 percent owner:	+ 1460577	1.75 USD
16 years ago Nov 23, 2007	Bought 568 K USD	Lee Jae Man director, 10 percent owner:	+ 23684402	0.024 USD
17 years ago Jul 06, 2007	Sell 200 K USD	Kim David (Kwangho) Director	- 20000000	0.01 USD
18 years ago Jun 13, 2006	Sell 130 K USD	iPacific Partners, Inc. 10 percent owner	- 13000000	0.01 USD

7. News

Franklin Access Invest In A Joint Venture For 4G/5G On-Device AI Modules SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint venture will customize, market, and develop various 4G/5G mobile broadband modules and work to bring in a new era of module innovation from 4G/5G Android on-device AI modules. globenewswire.com - 4 months ago

Franklin Wireless Now Doing Business As Franklin Access SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses. globenewswire.com - 5 months ago

Franklin Wireless's stock jumps in premarket on heels of Sinnet Capital letter urging special dividend Franklin Wireless Corp.'s stock FKWL, -0.32% was up by 13% in premarket trading on Thursday after its 3.2% shareholder Sinnet Capital Partners requested a special dividend and stock buyback. Sinnet Capital said Franklin Wireless should pay a special dividend of $1 a share, execute a $10 million dollar Dutch tender buyback and hire an investor relations firm to issue press releases. marketwatch.com - 10 months ago

Stockholder issues letter to Franklin Wireless requesting the board return cash to shareholders in the form of a special dividend and a stock buyback. Sinnet Capital also urges the board to act as a public company by issuing Press Releases to widely available sources. CLAYTON, Mo. , Dec. 28, 2023 /PRNewswire/ -- Sinnet Capital Partners, along with Managing Partner Timothy Hasara, collectively own 380,000 shares or 3.2% of the outstanding shares of Franklin Wireless (NASDAQ: FKWL), and today issued the following public letter to the Company's Board of Directors: *** December 28, 2023 Franklin Wireless Board of Directors Gary Nelson, O.C. prnewswire.com - 10 months ago

Franklin Wireless: Small-Cap Tech Company Recovering With 5G Tailwinds Franklin Wireless is a 5G hotspot and software provider which has major carriers as customers, such as AT&T and T-Mobile. The company reported strong financial results for Q4,22 as its revenue increased by close to 400% and its losses declined as a portion of revenue. seekingalpha.com - 1 year ago

7 Nasdaq Stocks to Sell Pronto Before a Painful Downturn With fears of a global recession rising, it's probably best to consider targeting certain Nasdaq stocks to sell. Though the underlying technology-centric exchange brings several innovators to the table, many of these ideas don't align with traditional strengths. investorplace.com - 2 years ago

Franklin Wireless: Can This 5G Small-Cap Bounce Back? Franklin Wireless ( FKWL , Financial) had everything going for it. It was a small cap company founded in 1981 which finally got its big break with a major customer, Verizon ( VZ , Financial). gurufocus.com - 2 years ago

Franklin Wireless: Turnaround Possible For This Small Cap, But Much Risk Looms Franklin Wireless (FKWL) is a supplier of wireless products such as mobile hotspots and routers which support 5G technology. The company's main customer Verizon recalled 2.5 million units in 2021, due to just 15 devices overheating. However, the device fault was unable to be replicated by Franklin. seekingalpha.com - 2 years ago

Franklin Wireless Advances Recurring Revenue Initiatives Innovative 4G and 5G Mobile Solutions Coupled with Software Apps Enabling Shift to Recurring Revenue Model Innovative 4G and 5G Mobile Solutions Coupled with Software Apps Enabling Shift to Recurring Revenue Model globenewswire.com - 2 years ago

Franklin Wireless: Betting On A (Quasi) Binary Situation Franklin Wireless is trading at ridiculous multiples because of an ongoing issue with their main customer: Verizon. At an EV of 0 (net cash equals the market cap) and a P/E of about 4, the company is probably one of the cheapest in the US stock market. seekingalpha.com - 2 years ago

FRANKLIN WIRELESS ALERT: Bragar Eagel & Squire, P.C. is Investigating Franklin Wireless Corp. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm NEW YORK--(BUSINESS WIRE)-- #FKWL--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Franklin Wireless Corp. (NASDAQ: FKWL) on behalf of long-term stockholders following a class action complaint that was filed against Franklin Wireless on April 16, 2021. Our investigation concerns whether the board of directors of Franklin Wireless have breached their fiduciary duties to the company. The complaint alleges that, defendants mad businesswire.com - 2 years ago

SHAREHOLDER ALERT: Robbins LLP Investigates Franklin Wireless Corp. (FKWL) on Behalf of Shareholders SAN DIEGO--(BUSINESS WIRE)---- $FKWL #battery--Franklin Wireless Corp. (FKWL) Accused of Failing to Disclose its Hotspot Device Suffered from Battery Issues businesswire.com - 3 years ago

8. Profile Summary

Franklin Wireless Corp. FKWL

COUNTRY US

INDUSTRY Communication Equipment

MARKET CAP $ 50.3 M

Dividend Yield 0.00%

Description Franklin Wireless Corp. provides intelligent wireless solutions. The company's products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions that include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology. The company directly markets its products to wireless operators, as well as indirectly through strategic partners and distributors located primarily in the North America, the Caribbean and South America, and Asia. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California.

Contact 9707 Waples Street, San Diego, CA, 92121 https://www.franklinwireless.com

IPO Date Aug. 3, 2007

Employees 69

Officers Mr. William Bauer Interim Chief Financial Officer, Secretary, General Counsel & Director of Strategic Planning Mr. OC Chae Kim President, Secretary & Director Mr. Yun J. Lee Senior Vice President of Sales - Global Carrier Business John F. Parks Director of Human Resource & Operation

Price Chart FKWL

Franklin Wireless Corp. FKWL

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