Boxlight Corporation

NasdaqCM:BOXL Stock Report

Market Cap: US$3.5m

Boxlight Balance Sheet Health

Financial Health criteria checks 2/6

Boxlight has a total shareholder equity of $-2.0M and total debt of $34.1M, which brings its debt-to-equity ratio to -1697.7%. Its total assets and total liabilities are $90.7M and $92.7M respectively.

Key information

-1,697.66%

Debt to equity ratio

US$34.14m

Debt

Interest coverage ration/a
CashUS$6.89m
Equity-US$2.01m
Total liabilitiesUS$92.68m
Total assetsUS$90.67m

Recent financial health updates

Recent updates

Analysis Article • Sep 23

Boxlight Corporation's (NASDAQ:BOXL) Share Price Boosted 166% But Its Business Prospects Need A Lift Too

The Boxlight Corporation ( NASDAQ:BOXL ) share price has done very well over the last month, posting an excellent gain...
Analysis Article • Dec 04

Is Boxlight (NASDAQ:BOXL) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 10

Boxlight (NASDAQ:BOXL) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • May 11

Earnings Release: Here's Why Analysts Cut Their Boxlight Corporation (NASDAQ:BOXL) Price Target To US$2.50

A week ago, Boxlight Corporation ( NASDAQ:BOXL ) came out with a strong set of first-quarter numbers that could...
Analysis Article • Mar 11

Returns At Boxlight (NASDAQ:BOXL) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Jan 18

Is Boxlight (NASDAQ:BOXL) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 09

Returns Are Gaining Momentum At Boxlight (NASDAQ:BOXL)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article • Aug 31

Investors Holding Back On Boxlight Corporation (NASDAQ:BOXL)

You may think that with a price-to-sales (or "P/S") ratio of 0.1x Boxlight Corporation ( NASDAQ:BOXL ) is a stock worth...
Analysis Article • Jul 13

Boxlight (NASDAQ:BOXL) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Jun 02

Boxlight (NASDAQ:BOXL) Takes On Some Risk With Its Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Mar 13

Returns At Boxlight (NASDAQ:BOXL) Are On The Way Up

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article • Feb 02

Here's Why Boxlight (NASDAQ:BOXL) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 19

Boxlight (NASDAQ:BOXL) Is Experiencing Growth In Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article • Oct 12

Does Boxlight (NASDAQ:BOXL) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Seeking Alpha • Sep 25

Boxlight Corporation: More Dilution For Common Shareholders Despite Better-Than-Expected Q2 Results

Summary Last month, the company reported better-than-expected second quarter results and affirmed full-year targets. Adjusted gross margin climbed back above 30% due to higher-margin contributions from the recently acquired FrontRow Calypso business, reduced manufacturing costs, and some easing in freight expense. Weak financial condition resulted in the requirement to amend the credit facility for a second time within just two months at considerably worse conditions. Ongoing borrowing base issues likely resulted in the requirement to raise additional equity at the beginning of Q3. Despite just raising $4.6 million in net proceeds, the offering has the potential to increase outstanding shares by more than 20%. Given the potential for an upside surprise, highly speculative investors and traders should pay close attention to the company's third quarter report in November, but at this point, I would suggest to remain on the sidelines.
Seeking Alpha • Aug 11

Boxlight GAAP EPS of $0.00 beats by $0.07, revenue of $59.6M beats by $5.58M

Boxlight press release (NASDAQ:BOXL): Q2 GAAP EPS of $0.00 beats by $0.07. Revenue of $59.6M (+27.5% Y/Y) beats by $5.58M. Shares +12%. Customer orders increased by 6.8% to $81.2 million Expect Q3 2022 Revenue greater than $70 million ($88.64M consensus) and Adjusted EBITDA greater than $10 million Expect Full Year 2022 Revenue of $250 million ($249.85M consensus) and Adjusted EBITDA of $26 million
Seeking Alpha • Jul 22

Boxlight prices $5M direct stock offering

Boxlight (NASDAQ:BOXL) announced Friday the direct stock offering of $5M common shares and accompanying warrants, together priced at $0.68 each. It will include 7,352,940 warrants, exercisable to purchase additional share at $0.68 each within six months. Closing of the transaction is expected on July 26, 2022. Earlier: Boxlight to appoint Greg Wiggins as CFO
Analysis Article • Jul 05

Does Boxlight (NASDAQ:BOXL) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha • May 18

Boxlight Corporation: Throwing In The Towel On Weak Profitability And Less-Than-Stellar Execution

Company reports mixed Q1 results with better-than-expected sales while profitability was impacted by ongoing supply chain disruptions. Management provided disappointing Q2 top-line guidance but affirmed previously stated full-year targets. Resolved dispute with new lender WhiteHawk Capital Partners. I am throwing in the towel on Boxlight given less-than-stellar execution and supply chain disruptions causing ongoing challenges to profitability and cash flow. Investors should remain on the sidelines or consider selling existing positions.
Analysis Article • Mar 21

Boxlight Corporation (NASDAQ:BOXL) Just Reported Earnings, And Analysts Cut Their Target Price

It's been a pretty great week for Boxlight Corporation ( NASDAQ:BOXL ) shareholders, with its shares surging 14% to...
Seeking Alpha • Mar 19

Boxlight Corporation - Upgrading To 'Buy' On Profitable Acquisition And Increased Guidance

Company reports mixed Q4 results with better-than-expected sales while profitability was impacted by ongoing supply chain disruptions and one-time costs associated with the recent acquisition of FrontRow Calypso. Management increased 2022 revenue projections from $230 million to $250 million and projected adjusted EBITDA to more than double year-over-year to $26 million. On the conference call, management outlined expectations for positive cash flow this year. Discussing terms of the company's new credit facility with a division of WhiteHawk Capital Partners. Speculative investors willing to give management the benefit of the doubt should consider scaling into the shares at current, depressed levels. Given improved outlook and discounted valuation, I am raising my rating on the shares to "buy" with a short-term price target of $2.

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 more than a year based on its current free cash flow.

Forecast Cash Runway: BOXL has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 28.7% each year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 06:15
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Boxlight Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jack Vander AardeMaxim Group