Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 113.56M | 135.89M | 176.72M | 221.78M | 185.18M | 54.89M |
Gross Profit | 24.09M | 46.94M | 63.30M | 64.87M | 46.52M | 9.87M |
EBITDA | -7.78M | 537.00K | -17.59M | 15.37M | 46.00K | -11.61M |
Net Income | -28.05M | -28.34M | -39.16M | -3.74M | -13.80M | -16.15M |
Balance Sheet | ||||||
Total Assets | 99.20M | 115.31M | 158.57M | 195.40M | 201.44M | 140.40M |
Cash, Cash Equivalents and Short-Term Investments | 7.61M | 8.01M | 17.25M | 14.59M | 17.94M | 13.46M |
Total Debt | 47.43M | 45.59M | 49.28M | 48.98M | 51.94M | 24.65M |
Total Liabilities | 91.32M | 128.20M | 113.31M | 114.99M | 119.63M | 66.66M |
Stockholders Equity | 28.51M | -12.90M | 45.26M | 80.40M | 81.81M | 73.74M |
Cash Flow | ||||||
Free Cash Flow | 3.67M | -945.00K | 10.26M | 84.00K | -2.62M | -4.93M |
Operating Cash Flow | 3.77M | -439.00K | 11.58M | 1.19M | -2.33M | -4.66M |
Investing Cash Flow | -254.00K | -506.00K | -1.32M | -1.21M | -34.01M | -45.32M |
Financing Cash Flow | -2.42M | -7.14M | -8.01M | -5.13M | 41.15M | 65.58M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $34.98B | 7.37 | -10.82% | 1.91% | 8.82% | -8.66% | |
61 Neutral | $43.77M | ― | -14.60% | ― | 5.77% | 29.54% | |
60 Neutral | $63.37M | ― | -30.53% | ― | 58.04% | 21.09% | |
59 Neutral | $6.96M | ― | -21.35% | ― | -4.85% | 43.93% | |
53 Neutral | $50.71M | ― | -21.97% | ― | 6.84% | 49.74% | |
41 Neutral | $4.65M | ― | -126.41% | ― | -30.79% | 43.48% | |
39 Underperform | $6.92M | ― | -57.64% | ― | -35.27% | -227.55% |
Boxlight Corporation announced the appointment of Carine Clark and Peter Fittin as independent directors, effective August 9, 2025, with terms expiring at the 2026 annual meeting. James Mark Elliott was also elected as a non-executive director on August 14, 2025, after previously resigning in June to help the company address non-compliance with Nasdaq’s majority-independent board requirement. These appointments are part of Boxlight’s efforts to regain compliance with Nasdaq listing standards, following the resignation of directors earlier in the year that led to non-compliance issues. The company has until November 19, 2025, to address other compliance matters, including audit committee requirements and financial listing standards, which could impact its stock market presence and capital-raising abilities.
On August 8, 2025, Boxlight Corporation held its annual meeting of shareholders where four key proposals were considered. These included the election of directors, ratification of independent auditors, approval of executive compensation, and an amendment to increase authorized shares of Class A common stock. The shareholders elected four directors, ratified the appointment of FORVIS MAZARS, LLP as auditors, approved executive compensation, and agreed to increase the number of authorized shares from 3,750,000 to 25,000,000. These decisions are likely to impact Boxlight’s operational and strategic direction, reflecting shareholder support for the company’s current management and future growth plans.
Boxlight Corporation appointed Brian D. Lane as the Interim Chief Financial Officer effective July 22, 2025. Mr. Lane, a seasoned financial executive with a background in various industries, will continue his employment with SeatonHill Partners, a strategic CFO services firm, while serving Boxlight. Under the terms of the engagement, Boxlight will pay SeatonHill for Mr. Lane’s services without directly compensating him, ensuring continuity in financial leadership during this interim period.
On June 19, 2025, Greg Wiggins, the Chief Financial Officer of Boxlight Corporation, announced his resignation to pursue another opportunity. His departure, effective July 18, 2025, is not due to any disagreements with the company’s operations, policies, or practices.
On June 16, 2025, James Mark Elliott, a non-executive director of Boxlight Corporation, resigned to help the company address its non-compliance with Nasdaq Rule 5605(b)(1), which mandates that a majority of the board be independent directors. His resignation was not due to any disagreement with the company’s operations or policies, and Boxlight plans to retain him as an advisor and potentially re-elect him once compliance is achieved.
On June 6, 2025, Charles P. Amos resigned as a director of Boxlight Corporation, following the earlier resignation of R. Wayne Jackson on May 23, 2025. These resignations have led to Boxlight’s noncompliance with Nasdaq rules regarding audit committee composition and board independence. The company has until November 19, 2025, to address these issues and is actively seeking qualified candidates to restore compliance.
On May 23, 2025, R. Wayne Jackson resigned as a director of Boxlight Corporation for personal reasons, with no disagreements related to company operations. His departure left the company non-compliant with Nasdaq Rule 5605(c)(2)(A) regarding audit committee composition. Boxlight has until November 19, 2025, to address this by recruiting a qualified director, though success in this endeavor is not guaranteed.