BOXL
BOXL
Boxlight CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $-30.89M ▼ | $-14.17M ▼ | $-9.66M ▼ | 31.28% ▲ | $-10.49 ▲ | $2.6M ▲ |
| Q3-2025 | $29.34M ▼ | $12.48M ▼ | $-6.18M ▼ | -21.08% ▼ | $-11.28 ▼ | $-1.06M ▼ |
| Q2-2025 | $30.85M ▲ | $14.7M ▲ | $-4.72M ▼ | -15.3% ▼ | $-9.18 ▼ | $717K ▼ |
| Q1-2025 | $22.42M ▼ | $10.95M ▼ | $-3.24M ▲ | -14.46% ▲ | $-8.46 ▲ | $1.56M ▲ |
| Q4-2024 | $24M | $23.57M | $-16.71M | -69.62% | $-51.84 | $-2.51M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $9.37M ▼ | $97.54M ▼ | $96.29M ▲ | $1.25M ▼ |
| Q3-2025 | $11.81M ▲ | $99.59M ▲ | $90.54M ▼ | $9.05M ▲ |
| Q2-2025 | $7.61M ▼ | $99.2M ▼ | $91.32M ▼ | $7.88M ▼ |
| Q1-2025 | $8.08M ▲ | $108.7M ▼ | $96M ▼ | $12.69M ▼ |
| Q4-2024 | $8.01M | $115.31M | $128.2M | $15.61M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $14.15M ▲ | $1.81M ▲ | $158K ▲ | $-5.74M ▼ | $0 ▼ | $1.81M ▲ |
| Q3-2025 | $-6.18M ▼ | $1.29M ▼ | $1K ▲ | $2.43M ▲ | $4.2M ▲ | $1.29M ▼ |
| Q2-2025 | $-4.72M ▼ | $1.58M ▲ | $-32K ▲ | $-1.3M ▼ | $-469K ▼ | $1.55M ▲ |
| Q1-2025 | $-3.24M ▲ | $-4.68M ▼ | $-127K ▲ | $4.61M ▲ | $70K ▲ | $-4.81M ▼ |
| Q4-2024 | $-16.71M | $1.65M | $-227K | $-2.76M | $-2.49M | $1.42M |
What's strong about this company's cash flow?
The company is still generating positive cash from its core business and has improved its cash position this quarter. Inventory reduction and better working capital management provided a big cash boost.
What are the cash flow concerns?
BOXL is running losses and had to issue new shares for $5.47 million to cover its needs, diluting shareholders. The cash boost from working capital is likely a one-time event, and ongoing losses mean more funding will be needed.
Revenue by Products
| Product | Q2-2024 | Q3-2024 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Product | $40.00M ▲ | $30.00M ▼ | $30.00M ▲ | $30.00M ▲ |
Service | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Europe Middle East And Africa Segment | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $30.00M ▲ |
Q3 2024 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Boxlight Corporation's financial evolution and strategic trajectory over the past five years.
Boxlight’s main strengths lie in its integrated edtech ecosystem, combining displays, audio, software, AI features, and campus communication into a cohesive solution. This can create meaningful switching costs, especially when paired with training and support. The company still has some liquidity and working‑capital headroom, and it has made efforts to reduce debt, which, if continued successfully, could gradually improve its capital structure.
The risk profile is elevated: there is essentially no current revenue, persistent and sizeable losses, negative operating and free cash flow, and a very high debt load sitting on top of a thin equity base and large accumulated deficits. Cash reserves are being drawn down, and competition in the edtech space is intense. Together, these factors raise concerns about long‑term viability and the company’s ability to fully execute its product and market strategy without substantial changes.
The outlook is highly uncertain and hinges on whether Boxlight can revive sustainable revenue, convert its integrated product suite into meaningful market share, and materially improve its balance sheet. A credible path forward would likely require returning to consistent sales growth, restoring positive cash generation, and further deleveraging. Until there is clearer evidence of such a turnaround, the story remains one of promising technology set against significant financial and execution challenges.
About Boxlight Corporation
https://boxlight.comBoxlight Corporation designs, produces, and distributes interactive technology solutions for the education, health, corporate, military, and government sectors in the Americas, Europe, the Middle East, Africa, and internationally.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $-30.89M ▼ | $-14.17M ▼ | $-9.66M ▼ | 31.28% ▲ | $-10.49 ▲ | $2.6M ▲ |
| Q3-2025 | $29.34M ▼ | $12.48M ▼ | $-6.18M ▼ | -21.08% ▼ | $-11.28 ▼ | $-1.06M ▼ |
| Q2-2025 | $30.85M ▲ | $14.7M ▲ | $-4.72M ▼ | -15.3% ▼ | $-9.18 ▼ | $717K ▼ |
| Q1-2025 | $22.42M ▼ | $10.95M ▼ | $-3.24M ▲ | -14.46% ▲ | $-8.46 ▲ | $1.56M ▲ |
| Q4-2024 | $24M | $23.57M | $-16.71M | -69.62% | $-51.84 | $-2.51M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $9.37M ▼ | $97.54M ▼ | $96.29M ▲ | $1.25M ▼ |
| Q3-2025 | $11.81M ▲ | $99.59M ▲ | $90.54M ▼ | $9.05M ▲ |
| Q2-2025 | $7.61M ▼ | $99.2M ▼ | $91.32M ▼ | $7.88M ▼ |
| Q1-2025 | $8.08M ▲ | $108.7M ▼ | $96M ▼ | $12.69M ▼ |
| Q4-2024 | $8.01M | $115.31M | $128.2M | $15.61M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $14.15M ▲ | $1.81M ▲ | $158K ▲ | $-5.74M ▼ | $0 ▼ | $1.81M ▲ |
| Q3-2025 | $-6.18M ▼ | $1.29M ▼ | $1K ▲ | $2.43M ▲ | $4.2M ▲ | $1.29M ▼ |
| Q2-2025 | $-4.72M ▼ | $1.58M ▲ | $-32K ▲ | $-1.3M ▼ | $-469K ▼ | $1.55M ▲ |
| Q1-2025 | $-3.24M ▲ | $-4.68M ▼ | $-127K ▲ | $4.61M ▲ | $70K ▲ | $-4.81M ▼ |
| Q4-2024 | $-16.71M | $1.65M | $-227K | $-2.76M | $-2.49M | $1.42M |
What's strong about this company's cash flow?
The company is still generating positive cash from its core business and has improved its cash position this quarter. Inventory reduction and better working capital management provided a big cash boost.
What are the cash flow concerns?
BOXL is running losses and had to issue new shares for $5.47 million to cover its needs, diluting shareholders. The cash boost from working capital is likely a one-time event, and ongoing losses mean more funding will be needed.
Revenue by Products
| Product | Q2-2024 | Q3-2024 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Product | $40.00M ▲ | $30.00M ▼ | $30.00M ▲ | $30.00M ▲ |
Service | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Europe Middle East And Africa Segment | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $30.00M ▲ |
Q3 2024 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Boxlight Corporation's financial evolution and strategic trajectory over the past five years.
Boxlight’s main strengths lie in its integrated edtech ecosystem, combining displays, audio, software, AI features, and campus communication into a cohesive solution. This can create meaningful switching costs, especially when paired with training and support. The company still has some liquidity and working‑capital headroom, and it has made efforts to reduce debt, which, if continued successfully, could gradually improve its capital structure.
The risk profile is elevated: there is essentially no current revenue, persistent and sizeable losses, negative operating and free cash flow, and a very high debt load sitting on top of a thin equity base and large accumulated deficits. Cash reserves are being drawn down, and competition in the edtech space is intense. Together, these factors raise concerns about long‑term viability and the company’s ability to fully execute its product and market strategy without substantial changes.
The outlook is highly uncertain and hinges on whether Boxlight can revive sustainable revenue, convert its integrated product suite into meaningful market share, and materially improve its balance sheet. A credible path forward would likely require returning to consistent sales growth, restoring positive cash generation, and further deleveraging. Until there is clearer evidence of such a turnaround, the story remains one of promising technology set against significant financial and execution challenges.

CEO
Henry F. Nance
Compensation Summary
(Year 2024)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-12-23 | Reverse | 1:6 |
| 2025-02-18 | Reverse | 1:5 |
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C
Price Target
Institutional Ownership
Summary
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