NasdaqCM:BOXL

Stock Analysis Report

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Executive Summary

Boxlight Corporation, an education technology company, develops, sells, and services interactive classroom solutions for the education market worldwide.


Snowflake Analysis

Imperfect balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has Boxlight's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOXL's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.0%

BOXL

-0.4%

US Tech

-0.04%

US Market


1 Year Return

-23.3%

BOXL

99.9%

US Tech

17.1%

US Market

Return vs Industry: BOXL underperformed the US Tech industry which returned 105.6% over the past year.

Return vs Market: BOXL underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

BOXLIndustryMarket
7 Day-9.0%-0.4%-0.04%
30 Day28.0%13.5%5.1%
90 Day209.3%40.6%19.5%
1 Year-23.3%-23.3%102.3%99.9%19.6%17.1%
3 Yearn/a161.7%148.6%42.5%33.3%
5 Yearn/a273.2%240.1%75.1%56.2%

Price Volatility Vs. Market

How volatile is Boxlight's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Boxlight undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Boxlight is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Boxlight has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

How is Boxlight forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

41.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOXL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BOXL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BOXL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BOXL's revenue (12.9% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: BOXL's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BOXL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Boxlight performed over the past 5 years?

-34.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOXL is currently unprofitable.

Growing Profit Margin: BOXL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOXL is unprofitable, and losses have increased over the past 5 years at a rate of 34% per year.

Accelerating Growth: Unable to compare BOXL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BOXL is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-5.6%).


Return on Equity

High ROE: BOXL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Boxlight's financial position?


Financial Position Analysis

Short Term Liabilities: BOXL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BOXL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BOXL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BOXL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BOXL has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: BOXL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Boxlight current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BOXL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BOXL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BOXL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOXL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOXL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Michael Pope (39 yo)

0.42

Tenure

US$358,125

Compensation

Mr. Michael Ross Pope, C.P.A, serves as the Chairman and Chief Executive Officer of Boxlight Corporation since March 20, 2020, and served as its President since July 15, 2015 until July 2020. Mr. Pope has ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD358.13K) is below average for companies of similar size in the US market ($USD589.17K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Pope
CEO & Chairman0.42yrUS$358.13k0.18%
$ 178.3k
Takesha Brown
Chief Financial Officer2.42yrsUS$208.91k0.028%
$ 27.2k
Henry Nance
Chief Operating Officer5.92yrsUS$378.13k0.25%
$ 245.6k
James Elliott
Chief Commercial Officer & Director5.92yrsUS$358.13k0.41%
$ 406.5k
Daniel Leis
Senior Vice President of Global Sales & Marketing0.42yrno data0.20%
$ 201.0k
Matt Hunt
Head of Sales for Europe1.58yrsno datano data
Andy Pennington
Managing Director of EMEAno datano datano data

1.1yrs

Average Tenure

47yo

Average Age

Experienced Management: BOXL's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Pope
CEO & Chairman0.42yrUS$358.13k0.18%
$ 178.3k
James Elliott
Chief Commercial Officer & Director5.92yrsUS$358.13k0.41%
$ 406.5k
Rudolph Crew
Independent Director5.33yrsUS$61.62k0.11%
$ 106.5k
R. Jackson
Independent Director0.17yrno datano data
Dale Strang
Independent Director3yrsUS$34.85kno data
Charles Amos
Independent Director0.17yrno datano data
Tiffany Kuo
Non-Executive Director5.92yrsUS$34.85kno data

3.0yrs

Average Tenure

59yo

Average Age

Experienced Board: BOXL's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 363.8%.


Top Shareholders

Company Information

Boxlight Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boxlight Corporation
  • Ticker: BOXL
  • Exchange: NasdaqCM
  • Founded: 2014
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$98.706m
  • Shares outstanding: 49.11m
  • Website: https://investors.boxlight.com

Number of Employees


Location

  • Boxlight Corporation
  • 1045 Progress Circle
  • Lawrenceville
  • Georgia
  • 30043
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOXLNasdaqCM (Nasdaq Capital Market)YesClass A common stockUSUSDNov 2017

Biography

Boxlight Corporation, an education technology company, develops, sells, and services interactive classroom solutions for the education market worldwide. The company provides a range of interactive classroo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:42
End of Day Share Price2020/08/11 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.