Franklin Wireless Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $30.1M | $48.6M | $59.8M | $46.3M | $31.0M | $32.8M | $24.3M | $46.5M |
| Cost of Revenue | $24.9M | $39.3M | $49.9M | $37.9M | $26.6M | $25.5M | $19.0M | $32.2M |
| Gross Profit | $5.2M | $9.2M | $9.9M | $8.4M | $4.4M | $7.2M | $5.2M | $14.3M |
| Gross Margin | 17.3% | 19.0% | 16.6% | 18.1% | 14.1% | 22.1% | 21.5% | 30.8% |
| Operating Expenses | ||||||||
| Research & Development | $3.4M | $3.4M | $3.0M | $2.9M | $2.8M | $2.8M | $1.6M | $2.5M |
| SG&A Expense | $4.5M | $4.9M | $4.8M | $5.0M | $4.5M | $4.6M | $5.9M | $8.7M |
| Operating Income | $-2.7M | $874.4K | $2.1M | $511.7K | $-2.9M | $-168.8K | $-2.3M | $5.7M |
| Operating Margin | -9.0% | 1.8% | 3.5% | 1.1% | -9.4% | -0.5% | -9.3% | 12.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-2.4M | $1.1M | $2.2M | $965.6K | $-1.5M | $-72.6K | $-2.1M | $7.7M |
| Income Tax Expense | $-187.0K | $374.6K | $34.9K | $-88.3K | $-529.0K | $168.8K | $-1.2M | $3.4M |
| Net Income | $-2.1M | $874.0K | $1.6M | $760.0K | $-972.0K | $174.7K | $-129.0K | $4.5M |
| Net Margin | -7.0% | 1.8% | 2.7% | 1.6% | -3.1% | 0.5% | -0.5% | 9.8% |
| EPS (Basic) | $-0.20 | $0.08 | $0.15 | $0.07 | $-0.09 | $0.02 | $-0.01 | $0.37 |
| EPS (Diluted) | $-0.20 | $0.08 | $0.15 | $0.07 | $-0.09 | $0.02 | $-0.01 | $0.36 |
| Shares Outstanding (Basic) | 10.5M | 10.5M | 10.4M | 10.5M | 10.4M | 10.7M | 11.9M | 12.3M |
| Shares Outstanding (Diluted) | 10.5M | 10.7M | 10.7M | 10.6M | 10.4M | 10.9M | 11.9M | 12.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |