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Franklin Wireless Corp. (FKWL) reported net sales of $46.09 million for the fiscal year ended June 30, 2025, a 49.7% increase from $30.80 million in fiscal 2024. The company narrowed its net loss to $243,101, compared to a loss of $3.96 million the previous year, reflecting improved operational performance. The stock gained 6.6% since the earnings report, outperforming the S&P 500’s 1.2% growth.
Gross profit climbed to $7.92 million with a gross margin improvement from 11.4% to 17.2%, while total assets increased to $51.33 million from $46.72 million. Cash and cash equivalents rose to $14.74 million, indicating a stronger liquidity position.
Franklin also reported a significant growth in electronic manufacturing service purchases, totaling $13.7 million in fiscal 2025, up from $177,000 the prior year, attributed to their joint venture with Forge International. Management indicated the expectation of continued growth through operational efficiencies and a focus on higher-margin products.
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