Franklin Access HY net sales in Asia up nearly 30 times to USD 0.01 million

Reuters
Feb 17
Franklin Access HY net sales in Asia up nearly 30 times to USD 0.01 million

Franklin Access reported its earnings for the quarter ending December 31, 2025. Gross profit margin was 17.1% for the period, while operating expenses accounted for 16.7% of revenues. Income from operations was 0.4% of revenues. Other income, net, increased significantly by 27.5% to USD 0.46 million for the six months ended December 31, 2025, driven primarily by a USD 0.17 million gain from debt forgiveness related to accounts payable and accruals. Net income before income taxes reached 4.2% of revenues, with net income attributable to shareholders at 4.5% of revenues for the quarter. During the period, Franklin Access continued to position itself as a leading global provider of integrated wireless solutions, focusing on 5G and 4G LTE technologies with products including mobile hotspots, fixed wireless routers, and mobile device management solutions. The company highlighted that its financial condition and capital resources were sufficient to fund operations for at least twelve months from the filing date.

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