Boxlight (BOXL) AI Stock Analysis

• Market Cap: $4.01M
• Dividend Yield: N/A
• Average Volume (3M): 20.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: -29.78%
• EPS Growth: 45.35%
• Country: US
• Employees: 159
• Sector: Technology
• Sector Strength: 78
• Industry: Communication Equipment
• EPS (TTM): -1.41
• Shares Outstanding: 2,230,379
• 10 Day Avg. Volume: 22,877
• 30 Day Avg. Volume: 20,059
• PEG Ratio: 0.37
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.28K
• Enterprise Value/Market Cap: 35.43
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 3.54
• Enterprise Value/Ebitda: -4.31
• 1Y Price Target: $1.00
• Price Target Upside: -44.44% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: $2.00 ▲(11.11%Upside)

Boxlight's overall stock score is heavily impacted by poor financial performance, characterized by declining revenues, consistent losses, and negative cash flows. Technical analysis offers some hope with neutral to slightly bullish indicators, but valuation remains unattractive due to a negative P/E ratio. Corporate governance issues further weigh on the stock's outlook.

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 develops, sells, and services interactive classroom technology products and solutions for the K-12 education market worldwide. The company provides interactive and non-interactive projectors, interactive flat panel displays, interactive touch projectors, touchboards, and MimioTeach that could turn any whiteboard interactive; and accessory document cameras, teacher pads for remote control, and assessment systems under the Mimio and Clevertouch brands. It also offers MimioStudio Interactive Instructional software that enables the creation, editing, and presentation of interactive instructional lessons and activities; MimioMobile, a software accessory for MimioStudio; Oktopus Instructional and Whiteboarding software that enables the creation, editing, and presentation of interactive instructional lessons and activities; Notes+, a software accessory for use with Oktopus software; and GameZones and MimioInteract, which are multi-student interactive gaming software. In addition, the company provides MimioClarity, a classroom audio solution; Mimio MyBot system that bridges the gap between learning about robotics in the classroom and the application of robotics; Robo3D printers; MyStemKits, which offers standards-driven lesson plans for grades K-12 math and science teachers; MimioView document camera; MimioVote, a student assessment system; and MimioPad, a wireless pen tablet, as well as peripherals and accessories, such as amplified speaker systems, mobile carts, installation accessories, and wall-mount accessories for interactive and standard projectors, and LED flat panels. Further, it offers classroom training, professional development, and educator certification services. The company was formerly known as Logical Choice Corporation. Boxlight Corporation was founded in 1985 and is headquartered in Lawrenceville, Georgia.

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 faces significant financial challenges across all areas. Declining revenue, consistent losses, high leverage, and negative cash flows point to a risky financial position. Slight improvements in stockholders' equity are overshadowed by other weaknesses.

Income Statement

Boxlight's revenue has significantly declined over the years, with a TTM (Trailing-Twelve-Months) revenue of $121.2 million down from $221.8 million in 2022. The company has been consistently unprofitable, with negative net income and EBIT margins, indicating challenges in managing operational costs effectively.

Balance Sheet

The company's balance sheet reveals high leverage, with a debt-to-equity ratio indicating significant reliance on debt financing. Stockholders' equity turned positive in the TTM, improving from a negative position in 2024, which shows slight improvement in financial health. However, the equity ratio remains low, suggesting limited financial stability.

Cash Flow

Boxlight's cash flow is worrying, with negative operating and free cash flows in the TTM period, signaling insufficient cash generation to cover expenses. The operating cash flow to net income ratio is also negative, indicating inefficiencies in turning operations into cash.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
121.22M	135.89M	176.72M	221.78M	185.18M	54.89M
	Gross Profit
40.13M	46.94M	63.30M	64.87M	46.52M	9.87M
	EBIT
-18.33M	-19.47M	-26.30M	-5.49M	-2.57M	-12.71M
	EBITDA
-490.00K	537.00K	-17.59M	15.37M	46.00K	-11.61M
	Net Income Common Stockholders
-24.81M	-28.34M	-39.16M	-3.74M	-13.80M	-16.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.08M	8.01M	17.25M	14.59M	17.94M	13.46M
	Total Assets
108.70M	115.31M	158.57M	195.40M	201.44M	140.40M
	Total Debt
47.87M	45.59M	49.28M	48.98M	51.94M	24.65M
	Net Debt
39.80M	37.59M	32.03M	34.39M	34.00M	11.19M
	Total Liabilities
96.00M	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
-3.29M	-945.00K	10.26M	84.00K	-2.62M	-4.93M
	Operating Cash Flow
-3.18M	-439.00K	11.58M	1.19M	-2.33M	-4.66M
	Investing Cash Flow
-239.00K	-506.00K	-1.32M	-1.21M	-34.01M	-45.32M
	Financing Cash Flow
92.00K	-7.14M	-8.01M	-5.13M	41.15M	65.58M

Boxlight Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.80
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOXL, the sentiment is Neutral. The current price of 1.8 is above the 20-day moving average (MA) of 1.79, above the 50-day MA of 1.60, and below the 200-day MA of 2.26, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 52.23 is Neutral, neither overbought nor oversold. The STOCH value of 52.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BOXL.

Boxlight Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
TAOP	56 Neutral	$3.57M	0.44	-12.71%	―	-5.08%	93.27%
PRSO	51 Neutral	$5.68M	―	-178.04%	―	5.99%	83.47%
BOXL	44 Neutral	$4.01M	―	-97.40%	―	-29.78%	45.35%
IFBD		$8.60M	1.10	-3.40%	―	―	―
OST		$750.18M	―	-105.08%	―	―	―
LYTHF	42 Neutral	$401.33K	―		―	―	―

Boxlight Corporate Events

Boxlight Faces Nasdaq Compliance Challenge After Resignations

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.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.

Boxlight Director Resignation Affects Nasdaq 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.

The most recent analyst rating on (BOXL) stock is a Buy with a $7.50 price target. To see the full list of analyst forecasts on Boxlight stock, see the BOXL Stock Forecast page.