Boxlight (BOXL) AI Stock Analysis

• Market Cap: $3.35M
• Dividend Yield: N/A
• Average Volume (3M): 25.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• Revenue Growth: -23.10%
• EPS Growth: 28.58%
• Country: US
• Employees: 159
• Sector: Technology
• Sector Strength: 69
• Industry: Communication Equipment
• EPS (TTM): -15.09
• Shares Outstanding: 2,228,488
• 10 Day Avg. Volume: 19,029
• 30 Day Avg. Volume: 25,460
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 20.83
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 2.85
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $1.00
• Price Target Upside: -33.33% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Boxlight is currently facing severe financial challenges, including declining revenues and high debt levels, which are significantly impacting its stock performance. Technical indicators show limited bullish momentum, and the valuation metrics are unfavorable due to the negative P/E ratio. The overall outlook is negative, with urgent needs for revenue and profitability improvements.

Positive Factors

Cost Management

Proactive and effective cost-cutting initiatives resulted in a 56% year-over-year decline in total operating expenses, helping offset demand challenges.

Investment Strategy

Management believes these recent investments in new product solutions and enhanced sales capabilities should position the company for additional market share gains and long-term growth.

New Product Launches

The company has consolidated brands, formed new selling partnerships, and launched new products, suggesting progress is being made.

Negative Factors

Market Challenges

The market continues to shrink after a short period of excessive EdTech spending, leading to a much lower appetite for K-12 to make additional orders.

Pricing Pressure

Management highlighted pricing pressure on interactive flat panels as the reason for its lower gross margin, which is expected to persist for the short to medium term.

Revenue Decline

Revenue has been slower to materialize as the company attempts to streamline operations during a challenging selling environment.

Boxlight Business Overview & Revenue Model

Company Description

Boxlight Corporation (BOXL) is a technology company specializing in interactive and digital learning solutions for the education sector. The company offers a range of products designed to enhance the learning experience, including interactive displays, projectors, classroom software, and science, technology, engineering, and mathematics (STEM) education products. Boxlight's solutions aim to improve engagement and collaboration in educational settings, catering to K-12 schools, higher education institutions, and other learning environments.

How the Company Makes Money

Boxlight makes money primarily through the sale of its interactive technology products and solutions to educational institutions. Its revenue streams include the sale of interactive displays and projectors, as well as software licensing for its educational software platforms. The company also generates revenue from professional development services and training programs designed to help educators effectively integrate technology into their teaching practices. Additionally, Boxlight's earnings are supported by strategic partnerships with other technology and educational service providers, which help expand its market reach and enhance its product offerings.

Boxlight Financial Statement Overview

Summary

Boxlight is facing significant financial challenges with declining revenue, consistent profitability issues, high debt levels, and negative cash flows. Despite some improvements in expense management, the company needs to address its revenue generation and improve its capital structure for financial stability.

Income Statement

Boxlight's income statement reflects significant challenges. The company's revenue has been declining over recent years, with a notable drop from $221.8M in 2022 to $65.5M in 2024. Gross profit margins have also decreased, indicating cost management issues. The net profit margin has been consistently negative, showing an inability to achieve profitability. Despite these challenges, efforts to manage expenses are visible in the reduced EBIT loss from $26.3M in 2023 to $5.1M in 2024.

Balance Sheet

The balance sheet shows a weakened financial position. The debt-to-equity ratio is high, reflecting reliance on debt financing, which poses a risk given the company's negative income. Stockholders' equity has decreased significantly, indicating potential solvency issues. The equity ratio has dropped, reflecting reduced financial stability, although the company has managed to slightly reduce total liabilities over time.

Cash Flow

Cash flow analysis indicates troubling liquidity issues. Operating cash flow has swung to a negative position in 2024, showing operational cash generation challenges. Free cash flow has also turned negative, highlighting liquidity constraints. The cash flow from financing activities was negative, indicating repayment of debt but reduced ability to raise new capital.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
65.51M	176.72M	221.78M	185.18M	54.89M
	Gross Profit
24.49M	63.30M	64.87M	46.52M	9.87M
	EBIT
-5.14M	-26.30M	-5.49M	-2.57M	-12.71M
	EBITDA
-5.14M	-17.59M	15.37M	46.00K	-11.61M
	Net Income Common Stockholders
-16.95M	-39.16M	-3.74M	-13.80M	-16.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.01M	17.25M	14.59M	17.94M	13.46M
	Total Assets
115.31M	158.57M	195.40M	201.44M	140.40M
	Total Debt
45.59M	49.28M	48.98M	51.94M	24.65M
	Net Debt
37.59M	32.03M	34.39M	34.00M	11.19M
	Total Liabilities
99.69M	113.31M	114.99M	119.63M	66.66M
	Stockholders Equity
28.51M	45.26M	80.40M	81.81M	73.74M
Cash Flow		Free Cash Flow
-439.00K	10.26M	84.00K	-2.62M	-4.93M
	Operating Cash Flow
-439.00K	11.58M	1.19M	-2.33M	-4.66M
	Investing Cash Flow
-506.00K	-1.32M	-1.21M	-34.01M	-45.32M
	Financing Cash Flow
-7.14M	-8.01M	-5.13M	41.15M	65.58M

Boxlight Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOXL, the sentiment is Negative. The current price of 1.5 is above the 20-day moving average (MA) of 1.44, below the 50-day MA of 1.58, and below the 200-day MA of 2.40, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.07 is Neutral, neither overbought nor oversold. The STOCH value of 50.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BOXL.

Boxlight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$10.95B	10.52	-7.07%	3.00%	7.30%	-12.04%
TAOP	56 Neutral	$2.94M	0.44	-12.71%	―	-5.08%	93.27%
PRSO	51 Neutral	$4.26M	―	-284.22%	―	5.99%	83.47%
LYTHF	42 Neutral	$581.78K	―		―	―	―
BOXL	38 Underperform	$3.35M	―	-93.10%	―	-23.10%	28.58%

Boxlight Corporate Events

Boxlight Secures $2.8M in Private Placement Deal

On February 19, 2025, Boxlight Corporation entered into a Securities Purchase Agreement with institutional investors, resulting in a private placement closing on February 21, 2025, with gross proceeds of approximately $2.8 million. The company plans to use these funds for working capital and general corporate purposes, potentially impacting its operational efficiency and market positioning.

Boxlight Initiates Reverse Stock Split to Meet Nasdaq Rules

Boxlight Corporation’s Board of Directors has approved a 1-for-5 reverse stock split of its Class A common stock, effective February 14, 2025, to regain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share. The reverse stock split aims to prevent delisting from Nasdaq, as the company’s stock must trade at or above $1.00 for 10 consecutive days by February 24, 2025. The split will adjust the number of authorized shares from 18,750,000 to 3,750,000, with no change in the par value per share, while proportionate adjustments will be made to equity awards and warrants.