Franklin Wireless CORP

Market Movers (8-K)

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NASDAQ
Franklin Wireless Corp. announced that its South Korean subsidiary, Franklin Technology Inc., was ordered by the Seoul Central District Court to pay approximately $3.67 million in damages to Partron Co., Ltd. related to a commercial contract dispute.
Worse than expected
NASDAQ
Franklin Wireless Corp. announced the appointment of Bill Bauer as its new Chief Operating Officer, effective March 25, 2026.
NASDAQ
Franklin Wireless Corp. announced the results of its Annual Meeting of Stockholders, where five directors were elected and Simon & Edward, LLP was ratified as the independent auditor for fiscal year 2026.
NASDAQ
Franklin Wireless Corp. announced a one-time special cash dividend of $0.04 per share, payable on December 2, 2025.
Better than expected
NASDAQ
Franklin Wireless Corp. has entered into an agreement to repurchase fully-vested stock options from its CEO, OC Kim, for $746,066.67.
NASDAQ
Franklin Wireless Corp. announces the appointment of Ira Greenstein to its Board of Directors, effective February 17, 2025, replacing Gary Nelson who resigned on the same day.

Quarterly Earnings (10-Q)

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NASDAQ
Franklin Wireless Corp. reported a significant decrease in net sales for the third quarter of fiscal year 2026, primarily due to the discontinuation of a key product by a major customer.
Worse than expected
NASDAQ
Franklin Wireless delivered Q2 profit despite a 33% revenue drop, with stronger H1 margins, negative operating cash flow, and a new $8.9M subsidiary litigation risk.
NASDAQ
Franklin Wireless Corp. reported a significant increase in gross profit and operating income for the first quarter of fiscal year 2026, driven by higher-margin sales and reduced costs, even as net sales declined.
Better than expected
NASDAQ
Franklin Wireless Corp. reports a significant increase in net sales for Q3 2025, driven by strong demand in North America, while navigating legal proceedings and strategic joint ventures.
Better than expected
NASDAQ
Franklin Wireless Corp. announces a significant increase in net sales for the quarter ended December 31, 2024, primarily driven by higher demand from major carrier customers in North America.
Better than expected
NASDAQ
Franklin Wireless Corp. saw a significant increase in revenue and a return to profitability in the first quarter of fiscal year 2025, compared to a loss in the same period last year.
Better than expected

Annual Reports (10-K)

NASDAQ
Franklin Wireless Corp. announced a significant increase in net sales and a substantial reduction in its net loss for fiscal year 2025, driven by strong North American demand.
Delay expected
Capital raise
Better than expected
NASDAQ
Franklin Wireless Corp.'s annual report reveals a significant decrease in net sales and gross profit for fiscal year 2024, alongside ongoing legal and operational challenges.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

NASDAQ
OC Kim, a director and President of Franklin Wireless Corp, sold 200,000 shares of company stock at $3.73 per share on May 15, 2025.

Proxy Statements (Def-14A)

NASDAQ
Franklin Wireless Corp. announced its 2025 Annual Meeting of Stockholders to be held virtually on December 22, 2025, outlining director elections, auditor ratification, and executive compensation details.
Better than expected
NASDAQ
Franklin Wireless Corp. has released its proxy statement for the 2024 Annual Meeting of Stockholders, scheduled for December 4, 2024, covering director elections and auditor ratification.

Schedule 13G - Passive Investments

NASDAQ
Paul Packer and affiliated Globis Capital entities have filed an amended Schedule 13G, disclosing a continued passive beneficial ownership of 6.2% in Franklin Wireless Corp.'s common stock.
NASDAQ
Paul Packer and affiliated Globis Capital entities have filed an amended Schedule 13G, revealing a 7.9% beneficial ownership in Franklin Wireless Corp. as of December 31, 2024.