Franklin Wireless

OverviewSuggest Edit

Franklin Wireless is a company providing wireless solutions. It offers wireless broadband products, IoT tracking and connected devices, an IoT server platform and application such as pet tracking app, cloud based telecom grade server platform, routing gateway, hotspot routers, etc.
TypePublic
Founded2001
HQSan Diego, CA, US
Websitefranklinwireless.com
Employee Ratings2.3
Overall CultureC

Latest Updates

Employees (est.) (Jun 2021)74(+5%)
Job Openings5
Revenue (FY, 2021)$184.1 M(+146%)
Share Price (May 2022)$3.4(+5%)
Cybersecurity ratingAMore
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Key People/Management at Franklin Wireless

OC Kim

OC Kim

President and Director
David Lee

David Lee

Chief Operating Officer
David Brown

David Brown

Director of Finance and Acting CFO
Bill Bauer

Bill Bauer

General Counsel and Director of Strategic planning
John F. Parks

John F. Parks

Director of Human Resource and Operations
Jeff Ward

Jeff Ward

Director Of Program Management
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Franklin Wireless Office Locations

Franklin Wireless has an office in San Diego
San Diego, CA, US (HQ)
9707 Waples St #150
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Franklin Wireless Financials and Metrics

Franklin Wireless Revenue

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Franklin Wireless's revenue was reported to be $184.12 m in FY, 2021 which is a 145.3% increase from the previous period.
USD

Revenue (Q2, 2022)

1.8m

Gross profit (Q2, 2022)

364.0k

Gross profit margin (Q2, 2022), %

20%

Net income (Q2, 2022)

(1.2m)

EBIT (Q2, 2022)

(1.8m)

Market capitalization (13-May-2022)

39.2m

Closing stock price (13-May-2022)

3.4

Cash (31-Dec-2021)

36.7m

EV

3.1m
Franklin Wireless's current market capitalization is $39.2 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

36.5m75.1m184.1m

Revenue growth, %

21%106%145%

Cost of goods sold

30.7m60.5m151.7m

Gross profit

5.7m14.5m32.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

8.9m13.3m15.5m62.6m66.2m44.3m3.3m1.8m

Cost of goods sold

6.8m10.7m12.5m50.9m55.0m36.8m2.9m1.5m

Gross profit

2.0m2.6m3.0m11.7m11.3m7.6m493.0k364.0k

Gross profit Margin, %

23%20%20%19%17%17%15%20%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

6.4m28.2m45.8m

Accounts Receivable

4.1m16.0m2.5m

Prepaid Expenses

28.0k21.6k45.0k

Inventories

1.1m11.8m975.5k
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

4.9m9.4m7.6m43.3m71.0m54.4m39.3m36.7m

Accounts Receivable

8.1m7.5m11.2m27.8m16.4m13.1m1.6m1.2m

Prepaid Expenses

25.1k28.7k14.4k12.4k14.0k49.2k34.4k51.9k

Inventories

2.2m3.0m818.5k2.8m13.2m1.4m727.9k1.9m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(1.5m)5.9m18.4m

Depreciation and Amortization

515.1k575.5k525.9k

Inventories

304.8k(10.7m)10.8m

Accounts Payable

(1.9m)36.4m(32.4m)
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

290.0k1.0m2.1m7.2m14.2m18.4m(1.1m)(2.2m)

Depreciation and Amortization

106.3k242.1k412.2k150.0k285.9k409.7k116.5k271.8k

Inventories

(1.2m)(1.9m)234.2k9.0m(1.4m)10.4m247.6k(947.8k)

Accounts Payable

3.4m7.2m5.7m2.8m21.9m(14.2m)(6.2m)(6.2m)
USDFY, 2019

Revenue/Employee

513.6k

Financial Leverage

1.4 x

P/E Ratio

(20.4)
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Franklin Wireless Acquisitions / Subsidiaries

Company NameDateDeal Size
Franklin Technology Inc

Franklin Wireless Revenue Breakdown

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Franklin Wireless revenue breakdown by geographic segment: 99.8% from North America and 0.2% from Other

Franklin Wireless Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Franklin Wireless Online and Social Media Presence

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Franklin Wireless Company Culture

  • Overall Culture

    C

    73/100

  • CEO Rating

    A+

    83/100

  • Compensation

    B

    83/100

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Franklin Wireless News and Updates

(FKWL Alert) Long Term Holders of Franklin Wireless Contact Johnson Fistel for Information Regarding Investigation

SAN DIEGO, March 29, 2022 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential breaches of fiduciary duty/or violations of federal and/or state law on behalf of Franklin Wireless Corp. (NASDAQ: FKWL) ("Franklin" or the "Company") against certain of its officers and directors.

Did You Acquire (FKWL) Before September 17, 2020? Should Franklin Wireless Management be Held Accountable for Investors Losses? Contact Johnson Fistel

SAN DIEGO, Dec. 18, 2021 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Franklin Wireless Corp. (NASDAQ: FKWL) ("Franklin" or the "Company") against certain of its officers and directors.

Bragar Eagel & Squire is Investigating Certain Officers and Directors of Lordstown, EQT, Aterian, and Franklin Wireless on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Lordstown Motors Corp. (NASDAQ: RIDE), EQT Corporation (NYSE: EQT), Aterian, Inc. (NASDAQ: ATER), and Franklin Wirele…

NASDAQ: FKWL Investors Notice: Update in Lawsuit against Franklin Wireless Corp announced by Shareholders Foundation

SAN DIEGO, Sept. 14, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces an update in the lawsuit that is pending for certain investors in Franklin Wireless Corp. (NASDAQ: FKWL) shares.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Franklin Wireless Corp. (FKWL)

LOS ANGELES, June 8, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz reminds investors of the upcoming June 15, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Franklin Wireless Corp. ("Franklin" or...

Franklin Wireless Announces Rapid Subscriber Growth for Its Pintrac Mobile Device Management Service

Surpasses 50,000 Subscribers for Recently Launched Cloud-based Solution Surpasses 50,000 Subscribers for Recently Launched Cloud-based Solution
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Franklin Wireless Blogs

Pintrac MDM Provides Total Control Content Filtering

Pintrac Mobile Device Management (MDM) has proven itself to be a great solution for business and educational institutions managing high...

Franklin Wireless Corp (“FKWL-0”) – Ships Its First 5G Broadband Router

Franklin Wireless Corp (“FKWL-0”) – Ships Its First 5G Broadband Router Franklin Wireless Corp., a market leader in broadband data communications, today announced that it sent its first shipment of new 5G broadband router, the 5G CPE/Home Gateway, to a tier one carrier in South Korea, after completi…

Franklin Wireless Ships Its First 5G Broadband Router

Franklin Wireless Ships Its First 5G Broadband Router New 5G CPE/Home Gateway, its first 5G router, ships to a tier one carrier in South Korea SAN DIEGO, Jan. 26, 2021 (GLOBE NEWSWIRE) – Franklin Wireless Corp., a market leader in broadband data communications, today announced that it sent its first…

Franklin Wireless Reports 106% Increase in Full-Year Revenue to $75.0 Million

Company Expands Gross and Operating Margins, Driving $6.8 Million Improvement in Net Income Attributable to Parent Company to $5.6 Million or Earnings Per Share of $0.52; Ends the Year with $34 Million in Cash and CD. SAN DIEGO, Sept. 18, 2020 (GLOBE NEWSWIRE) — Franklin Wireless Corp.(FKWL), a mark…

Franklin Wireless partners with Partron for 5G Business and Technology Solutions to the world-wide market

SAN DIEGO, Jan. 06, 2020 (GLOBE NEWSWIRE) — Franklin Wireless Corp. (OTCQB: FKWL), a market leader in mobile broadband communications, smart tracking and IoT solutions, is proud to announce the partnership and joint venture with Partron Co. Ltd on worldwide 5G opportunities. In the partnership, Fran…

Franklin Wireless Frequently Asked Questions

  • When was Franklin Wireless founded?

    Franklin Wireless was founded in 2001.

  • Who are Franklin Wireless key executives?

    Franklin Wireless's key executives are OC Kim, David Lee and David Brown.

  • How many employees does Franklin Wireless have?

    Franklin Wireless has 74 employees.

  • What is Franklin Wireless revenue?

    Latest Franklin Wireless annual revenue is $184.1 m.

  • What is Franklin Wireless revenue per employee?

    Latest Franklin Wireless revenue per employee is $2.5 m.

  • Who are Franklin Wireless competitors?

    Competitors of Franklin Wireless include Inseego, Pod Group and Winegard.

  • Where is Franklin Wireless headquarters?

    Franklin Wireless headquarters is located at 9707 Waples St #150, San Diego.

  • Where are Franklin Wireless offices?

    Franklin Wireless has an office in San Diego.

  • How many offices does Franklin Wireless have?

    Franklin Wireless has 1 office.