Franklin Wireless

FKWL

Market cap $57.2M

FKWL posts strong FY25 results with surging revenues, a narrower loss and renewed momentum from its Sigbeat joint venture and cost controls.

SEOUL, South Korea--(BUSINESS WIRE)--AiM Future, a leading AI semiconductor design company, has signed a Memorandum of Understanding (MOU) with Franklin Wireless Corp. (NASDAQ: FKWL), a global leader in intelligent wireless solutions, to jointly develop a lightweight AI model and a high-efficiency 1 TOPS performance AI SoC chipset. Franklin Wireless, listed on NASDAQ, is recognized for its advanced mobile hotspots, routers, modules, and M2M/IoT hardware and software, serving customers worldwide.

Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates FKWL as "Neutral." Explore how its strong growth and liquidity spark optimism while customer reliance and governance concerns raise caution.

FKWL posts strong Q3 sales growth and narrower y/y loss. The stock drops 10% as investors weigh margins, costs and the new joint venture strategy.

SAN DIEGO, April 01, 2025 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has unveiled its latest product, the Seiona – RT410S, at the Channel Partners Conference in Las Vegas. The Seiona – RT410S delivers secure, stable, and reliable connectivity for a wide range of edge applications, expanding Franklin's product offerings into the multi-billion-dollar IoT market. Designed for industries such as digital signage, healthcare, ATMs, kiosks, vending machines, and EV charging stations, the Seiona – RT410S facilitates seamless data exchange between computers and automated systems, enhancing operational efficiency.

SAN DIEGO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ: FKWL) announces the appointment of Ira Greenstein to the Company's Board of Directors, effective February 17, 2025.

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand.

SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Franklin Access is pleased to announce a significant legal victory in its shareholder litigation, “In re Franklin Wireless Corp. Derivative Litigation”, Case No. 21-cv-1837-BEN-MSB. On December 19th, 2024, following an 8-day jury trial, the U.S. District Court for the Southern District of California determined that the actions of the Franklin Wireless officers and directors during the relevant time period resulted in only nominal damage to the company.

SAN DIEGO, June 19, 2024 (GLOBE NEWSWIRE) -- Franklin Access, a leading provider of integrated wireless solutions, has agreed to invest $3 million in a joint venture module business. The new joint venture will customize, market, and develop various 4G/5G mobile broadband modules and work to bring in a new era of module innovation from 4G/5G Android on-device AI modules.

SAN DIEGO, June 12, 2024 (GLOBE NEWSWIRE) -- Franklin Wireless, a leading provider of integrated wireless solutions, announced it will do business as Franklin Access today. This change reflects our commitment to delivering network solutions for homes and businesses.