Franklin Wireless Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Franklin Wireless Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 33% to $30,796,690. Profit margin reached -13%. Total operating expenses were $9,448,105.

Profit Margin

Franklin Wireless Corp. (NASDAQ:FKWL): Profit margin
2015 46.34M 760.00K 1.64%
2016 59.80M 1.61M 2.69%
2017 48.56M 873.96K 1.8%
2018 30.06M -2.09M -6.96%
2019 36.46M -1.47M -4.04%
2020 75.07M 5.55M 7.39%
2021 184.11M 17.69M 9.61%
2022 23.99M -3.67M -15.3%
2023 45.94M -2.86M -6.23%
2024 30.79M -3.96M -12.87%

FKWL Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
30.79M45.94M23.99M184.11M75.07M36.46M30.06M48.56M59.80M46.34M
Cost of revenue
27.28M38.92M20.18M151.65M60.54M30.72M24.87M39.34M49.87M37.94M
Gross profit
3.50M7.02M3.81M32.46M14.52M5.73M5.19M9.21M9.92M8.40M
Operating exp.
Research and development
3.40M3.91M4.28M4.56M3.74M2.95M3.37M3.44M2.99M2.91M
Selling and marketing
0000000000
Total operating expenses
9.44M9.32M8.69M9.49M7.43M7.78M7.55M8.34M7.80M7.88M
Operating income
-5.93M-2.34M-4.88M22.81M7.07M-2.04M-2.69M874.37K2.11M511.65K
Other income (expenses), net
823.78K-1.48M173.85K617.16K220.76K140.75K-8.54K271.37K81.86K453.96K
Income before tax
-5.11M-3.83M-4.70M23.43M7.29M-1.90M-2.35M1.14M2.21M965.62K
Income tax expense
-949.3K-886.65K-1.03M5.03M1.38M-428.74K-186.97K374.58K34.93K-88.27K
Net income
-3.96M-2.86M-3.67M17.69M5.55M-1.47M-2.09M873.96K1.61M760.00K
Earnings per share
Basic EPS
-0.34-0.24-0.321.560.52-0.14-0.20.080.150.07
Diluted EPS
-0.34-0.24-0.321.530.52-0.14-0.20.080.150.07
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