FRANKLIN WIRELESS CORP Earnings Per Share Disclosure
We report (loss) earnings per share in accordance with ASC 260, “Earnings Per Share.” Basic (loss) earnings per share are computed using the weighted average number of shares outstanding during the period. Diluted (loss) earnings per share represent basic earnings per share adjusted to include the potentially dilutive effect of outstanding stock options by using the treasury stock method, which assumes that the proceeds from assumed option exercises are used to repurchase common shares in the market.
For the years ended June 30, 2025, and 2024, we were in a net loss position and have excluded 392,001 and 627,001 stock options from the calculation of diluted net loss per share because these securities are anti-dilutive.
The weighted average number of shares outstanding used to compute loss per share is as follows:
| Year Ended June 30, | ||||||||
| 2025 | 2024 | |||||||
| Net loss attributable to Parent Company | $ | (243,101 | ) | $ | (3,964,016 | ) | ||
| Weighted-average shares of common stock outstanding: | ||||||||
| Basic | 11,784,280 | 11,784,280 | ||||||
| Dilutive effect of common stock equivalents arising from stock options | – | – | ||||||
| Diluted Outstanding shares | 11,784,280 | 11,784,280 | ||||||
| Basic loss per share attributable to Parent Company stockholders | $ | (0.02 | ) | $ | (0.34 | ) | ||
| Diluted loss per share attributable to Parent Company stockholders | $ | (0.02 | ) | $ | (0.34 | ) | ||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 29, 2025 | Showing above |
| 2024 | Sep 30, 2024 | |
| 2023 | Sep 28, 2023 | |
| 2022 | Sep 13, 2022 | |
| 2021 | Sep 28, 2021 | |
| 2020 | Sep 17, 2020 | |
| 2019 | Sep 30, 2019 | |
| 2018 | Sep 28, 2018 | |
| 2017 | Sep 28, 2017 | |
| 2016 | Sep 28, 2016 | |
| 2015 | Sep 28, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.