$Franklin Wireless (FKWL.US)$Revenue has been very unstable ...
$Franklin Wireless (FKWL.US)$Revenue has been very unstable over the past 5 years. After surging 1.45 times to 0.184 billion in 2021, it fell sharply by 87% to 0.024 billion, while operating profit was only profitable in 2020 and 2021.
In the first half of 2023, revenue increased fourfold to 9 million. Operating profit was lost. Proceeds from the sale of securities resulted in a slight loss in net profit.
Currently, the market value is 60.68 million, and the price-earnings ratio is 3.3 based on the 2021 profit high of 18.4 million, but if you calculate the 5-year average net profit of 3.4 million, the price-earnings ratio has reached 17.8, which doesn't seem very attractive overall.
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