franklin wireless corp. is a leading wireless broadband high-speed data communications products provider. we design and market broadband high-speed data communications products, such as 3 & 4g wireless module and modems. we were the first to introduce a dongle usb modem functioning on cdma technology in the united states. franklin 's wireless data products include pc cards, wireless usb modems, embedded modules, and standalone broadband modems used for high-speed data services. we have become a leading developer/marketer of wireless communications devices, enabling technologies, and an applications provider. franklin is dedicated to providing innovative technology with unsurpassed customer support, to meet the dynamic needs of our clients worldwide.
Company profile
Ticker
FKWL
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne ...
Former names
FRANKLIN TELECOMMUNICATIONS CORP
SEC CIK
Corporate docs
IRS number
953733534
FKWL stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
26 Mar 24
10-Q
2024 Q2
Quarterly report
14 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
27 Dec 23
10-Q
2024 Q1
Quarterly report
14 Nov 23
DEF 14A
Definitive proxy
9 Nov 23
8-K
Changes in Registrant's Certifying Accountant
25 Oct 23
10-K
2023 FY
Annual report
28 Sep 23
8-K
Departure of Directors or Certain Officers
24 Jul 23
8-K
Entry into a Material Definitive Agreement
31 May 23
10-Q
2023 Q3
Quarterly report
15 May 23
Latest ownership filings
Financial summary
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Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.84 mm | 6.84 mm | 6.84 mm | 6.84 mm | 6.84 mm | 6.84 mm |
Cash burn (monthly) | 1.80 mm | 1.56 mm | 194.84 k | 365.91 k | 1.74 mm | 507.77 k |
Cash used (since last report) | 12.36 mm | 10.69 mm | 1.34 mm | 2.51 mm | 11.97 mm | 3.49 mm |
Cash remaining | -5.52 mm | -3.84 mm | 5.51 mm | 4.33 mm | -5.12 mm | 3.35 mm |
Runway (months of cash) | -3.1 | -2.5 | 28.3 | 11.8 | -2.9 | 6.6 |
Institutional ownership, Q2 2023
20.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 20 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 4 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 4.14 bn |
Total shares | 2.44 mm |
Total puts | 5.10 k |
Total calls | 18.30 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Packer Paul | 874.29 k | $0.00 |
Vanguard | 403.98 k | $1.51 bn |
Hirschman Orin | 390.00 k | $1.70 mm |
AIGH Capital Management | 390.00 k | $1.45 bn |
Worth Venture Partners | 98.83 k | $368.62 mm |
Geode Capital Management | 43.31 k | $161.54 mm |
Susquehanna International | 29.95 k | $111.70 mm |
Renaissance Technologies | 29.00 k | $108.00 k |
Dimensional Fund Advisors | 23.50 k | $87.64 mm |
BLK Blackrock | 22.73 k | $84.80 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Dec 22 | Lee Yun J | Common Stock | Option exercise | Acquire M | No | No | 1.34 | 100,000 | 134.00 k | 185,000 |
28 Dec 22 | Lee Yun J | Franklin Wireless Stock Options Common Stock | Option exercise | Dispose M | No | No | 1.34 | 100,000 | 134.00 k | 0 |