Franklin Historical Income Statement

FKWL Stock  USD 4.30  0.10  2.38%   
Historical analysis of Franklin Wireless income statement accounts such as Total Revenue of 38.4 M or Gross Profit of 6.7 M can show how well Franklin Wireless Corp performed in making a profits. Evaluating Franklin Wireless income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Franklin Wireless's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Franklin Wireless Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Franklin Wireless Corp is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About Franklin Income Statement Analysis

Franklin Wireless Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Franklin Wireless shareholders. The income statement also shows Franklin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Franklin Wireless Income Statement Chart

At this time, Franklin Wireless' Non Operating Income Net Other is quite stable compared to the past year. Net Interest Income is expected to rise to about 844.4 K this year, although the value of Interest Expense will most likely fall to about 55.6 K.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Franklin Wireless Corp minus its cost of goods sold. It is profit before Franklin Wireless operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Franklin Wireless' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Franklin Wireless Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Franklin Wireless' Non Operating Income Net Other is quite stable compared to the past year. Net Interest Income is expected to rise to about 844.4 K this year, although the value of Interest Expense will most likely fall to about 55.6 K.
 2021 2022 2023 2024 (projected)
Gross Profit3.8M7.0M3.5M6.7M
Total Revenue24.0M45.9M30.8M38.4M

Franklin Wireless income statement Correlations

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0.650.05-0.140.110.140.090.30.280.10.330.10.280.28-0.350.280.240.20.30.190.180.28-0.87-0.870.83
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0.190.45-0.110.910.930.890.970.960.350.960.90.260.980.180.970.970.070.280.99-0.070.69-0.37-0.370.34
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-0.610.070.23-0.12-0.18-0.09-0.34-0.320.09-0.36-0.110.04-0.340.03-0.34-0.31-0.02-0.87-0.37-0.34-0.25-0.371.0-0.67
0.670.12-0.240.280.310.260.410.390.340.440.270.30.36-0.550.360.320.120.830.380.010.160.34-0.67-0.67
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Franklin Wireless Account Relationship Matchups

Franklin Wireless income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization937.1K912.3K971.4K1.2M(306.2K)(290.9K)
Interest Expense338.4K163.5K260.2K71.4K82.1K55.6K
Selling General Administrative3.7M5.1M4.5M5.5M6.0M4.9M
Total Revenue75.1M184.1M24.0M45.9M30.8M38.4M
Gross Profit14.5M32.5M3.8M7.0M3.5M6.7M
Other Operating Expenses68.0M161.1M28.9M48.3M36.7M39.8M
Operating Income7.1M22.8M(4.9M)(2.3M)(5.9M)(5.6M)
Ebit7.1M23.4M(4.7M)(2.6M)(5.6M)(5.4M)
Research Development3.7M4.6M4.3M3.9M3.4M2.6M
Ebitda8.0M24.3M(3.7M)(1.5M)(5.9M)(5.6M)
Cost Of Revenue60.5M151.7M20.2M38.9M27.3M31.7M
Total Operating Expenses7.4M9.5M8.7M9.3M9.4M5.7M
Income Before Tax7.3M23.4M(4.7M)(3.8M)(5.1M)(4.9M)
Total Other Income Expense Net220.8K617.2K265.4K(1.5M)823.8K865.0K
Net Income5.6M17.7M(3.7M)(2.9M)(4.0M)(3.8M)
Income Tax Expense1.4M5.0M(1.0M)(886.7K)(949.3K)(901.8K)
Net Income Applicable To Common Shares5.6M17.7M(3.8M)(2.9M)(2.6M)(2.4M)
Net Income From Continuing Ops5.9M18.4M(3.7M)(2.9M)(4.2M)(4.0M)
Minority Interest782.0K1.5M(90.4K)81.6K202.7K192.5K
Tax Provision1.4M5.0M(1.0M)(886.7K)(949.3K)(901.8K)
Net Interest Income159.7K8.8K71.4K459.9K804.1K844.4K
Interest Income159.7K8.8K71.4K459.9K804.1K844.4K
Reconciled Depreciation937.1K912.3K971.4K1.2M(306.2K)(290.9K)

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When determining whether Franklin Wireless Corp is a strong investment it is important to analyze Franklin Wireless' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Wireless' future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Wireless. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Wireless listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.667
Earnings Share
(0.28)
Revenue Per Share
2.613
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.07)
The market value of Franklin Wireless Corp is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.