📊 BOXL Key Takeaways
Investment Thesis
Boxlight Corp exhibits severe financial distress with negative stockholders' equity of -$19.5M, indicating the company is technically insolvent. Revenue declined 23.1% YoY while operating and net losses widened, with negative operating cash flow of -$1.8M demonstrating the business cannot sustain itself operationally. The combination of deteriorating profitability, negative equity, weak liquidity (current ratio of 1.02x), and substantial long-term debt ($36.7M) creates an unsustainable financial position.
BOXL Strengths
- Maintains positive gross margin of 33.1%, indicating underlying product/service pricing power exists
- Holds $11.8M in cash providing short-term operational runway
- Operating in educational services sector with structural market demand
BOXL Risks
- Negative stockholders' equity of -$19.5M indicates technical insolvency and equity wipeout risk for shareholders
- Revenue contraction of 23.1% YoY with worsening losses signals fundamental business deterioration
- Negative operating cash flow of -$1.8M and free cash flow of -$2.0M indicate business cannot fund operations or debt service
- Current ratio of 1.02x and quick ratio of 0.64x show inadequate liquidity to meet obligations
- Long-term debt of $36.7M against negative equity creates severe leverage crisis
- Negative interest coverage of -4.1x means company cannot service debt from operations
Key Metrics to Watch
- Revenue stabilization and return to growth trajectory
- Path to positive operating cash flow and operating income
- Stockholders' equity recovery above zero
- Debt reduction and refinancing terms
- Quarterly revenue trends and gross margin sustainability
BOXL Financial Metrics
💡 AI Analyst Insight
Boxlight Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BOXL Profitability Ratios
BOXL vs Default Sector
How Boxlight Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BOXL Balance Sheet & Liquidity
BOXL 5-Year Financial Trend
5-Year Trend Summary: Boxlight Corp's revenue has grown significantly by 222% over the 5-year period, indicating strong business expansion. The most recent EPS of $-21.38 indicates the company is currently unprofitable.
BOXL Growth Metrics (YoY)
BOXL Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $29.3M | -$3.1M | $-1.72 |
| Q2 2025 | $30.9M | -$1.5M | $-0.92 |
| Q3 2024 | $36.3M | -$3.1M | $-0.34 |
| Q2 2024 | $38.5M | -$811.0K | $-0.12 |
| Q1 2024 | $37.1M | -$2.9M | $-0.35 |
| Q3 2023 | $49.7M | -$1.7M | $0.28 |
| Q2 2023 | $47.1M | $26.0K | $-0.04 |
| Q1 2023 | $41.2M | -$2.9M | $-0.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BOXL Capital Allocation
BOXL SEC Filings
Access official SEC EDGAR filings for Boxlight Corp (CIK: 0001624512)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BOXL
What is the AI rating for BOXL?
Boxlight Corp (BOXL) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BOXL's key strengths?
Maintains positive gross margin of 33.1%, indicating underlying product/service pricing power exists. Holds $11.8M in cash providing short-term operational runway.
What are the risks of investing in BOXL?
Negative stockholders' equity of -$19.5M indicates technical insolvency and equity wipeout risk for shareholders. Revenue contraction of 23.1% YoY with worsening losses signals fundamental business deterioration.
What is BOXL's revenue and growth?
Boxlight Corp reported revenue of $82.6M.
Does BOXL pay dividends?
Boxlight Corp does not currently pay dividends.
Where can I find BOXL SEC filings?
Official SEC filings for Boxlight Corp (CIK: 0001624512) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BOXL's EPS?
Boxlight Corp has a diluted EPS of $-4.87.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.