Boxlight (BOXL)
Market Price (5/23/2026): $0.8369 | Market Cap: $2.5 MilSector: Consumer Discretionary | Industry: Education Services
Boxlight (BOXL)
Market Price (5/23/2026): $0.8369Market Cap: $2.5 MilSector: Consumer DiscretionaryIndustry: Education Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Digital Transformation in Education. Themes include Interactive Learning Technologies, Educational Software Platforms, and Hybrid Learning Infrastructure. | Weak multi-year price returns2Y Excs Rtn is -137%, 3Y Excs Rtn is -179% | Penny stockMkt Price is 0.8 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -18 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -17% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1375% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -19% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.5% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1092% High stock price volatilityVol 12M is 250% Key risksBOXL key risks include [1] significant financial health concerns and going concern uncertainty, Show more. |
| Megatrend and thematic driversMegatrends include Digital Transformation in Education. Themes include Interactive Learning Technologies, Educational Software Platforms, and Hybrid Learning Infrastructure. |
| Weak multi-year price returns2Y Excs Rtn is -137%, 3Y Excs Rtn is -179% |
| Penny stockMkt Price is 0.8 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -18 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -17% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1375% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -9.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -19% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3.4%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.5% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -1092% |
| High stock price volatilityVol 12M is 250% |
| Key risksBOXL key risks include [1] significant financial health concerns and going concern uncertainty, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Boxlight (BOXL) stock has lost about 35% since 1/31/2026 because of the following key factors:
1. Deteriorating Financial Performance and Profitability: Boxlight reported flat revenue of $22.4 million (a 0.1% increase) in Q1 2026, but its net loss significantly widened to $(6.5) million from $(3.2) million in Q1 2025. Adjusted EBITDA also swung to a $(2.8) million loss from a $0.6 million gain in the prior year. This follows a trend from full-year 2025, where revenue declined 19.6% to $109.2 million and Adjusted EBITDA turned into a $(3.5) million loss from a $4.3 million profit in 2024. The gross profit margin in Q1 2026 decreased to 30.9% from 35.9% due to industry pricing pressure and increased customs expenses, including tariff-related costs.
2. Significant Financial Risk and Going Concern Doubts: The company ended Q1 2026 with $6.9 million in cash and $34.1 million in debt. Boxlight was not in compliance with its borrowing base and Minimum Consolidated Adjusted EBITDA covenants under its Whitehawk Credit Agreement for March and April 2026, necessitating a limited forbearance from lenders. Management explicitly stated that recurring losses, substantial debt, and refinancing uncertainty raise "substantial doubt" about its ability to continue as a going concern. Additionally, Nasdaq notified Boxlight that its stockholders' equity was below the $2.5 million minimum requirement for continued listing.
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1. Deteriorating Financial Performance and Profitability: Boxlight reported flat revenue of $22.4 million (a 0.1% increase) in Q1 2026, but its net loss significantly widened to $(6.5) million from $(3.2) million in Q1 2025. Adjusted EBITDA also swung to a $(2.8) million loss from a $0.6 million gain in the prior year. This follows a trend from full-year 2025, where revenue declined 19.6% to $109.2 million and Adjusted EBITDA turned into a $(3.5) million loss from a $4.3 million profit in 2024. The gross profit margin in Q1 2026 decreased to 30.9% from 35.9% due to industry pricing pressure and increased customs expenses, including tariff-related costs.
2. Significant Financial Risk and Going Concern Doubts: The company ended Q1 2026 with $6.9 million in cash and $34.1 million in debt. Boxlight was not in compliance with its borrowing base and Minimum Consolidated Adjusted EBITDA covenants under its Whitehawk Credit Agreement for March and April 2026, necessitating a limited forbearance from lenders. Management explicitly stated that recurring losses, substantial debt, and refinancing uncertainty raise "substantial doubt" about its ability to continue as a going concern. Additionally, Nasdaq notified Boxlight that its stockholders' equity was below the $2.5 million minimum requirement for continued listing.
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Stock Movement Drivers
Fundamental Drivers
The -33.3% change in BOXL stock from 1/31/2026 to 5/22/2026 was primarily driven by a -81.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 1312026 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.23 | 0.82 | -33.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 107 | 109 | 2.5% |
| P/S Multiple | 0.0 | 0.0 | 243.1% |
| Shares Outstanding (Mil) | 1 | 3 | -81.0% |
| Cumulative Contribution | -33.3% |
Market Drivers
1/31/2026 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BOXL | -33.3% | |
| Market (SPY) | 8.1% | -11.3% |
| Sector (XLY) | -1.4% | -1.3% |
Fundamental Drivers
The -91.0% change in BOXL stock from 10/31/2025 to 5/22/2026 was primarily driven by a -81.9% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.12 | 0.82 | -91.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 114 | 109 | -3.8% |
| P/S Multiple | 0.0 | 0.0 | -48.3% |
| Shares Outstanding (Mil) | 1 | 3 | -81.9% |
| Cumulative Contribution | -91.0% |
Market Drivers
10/31/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BOXL | -91.0% | |
| Market (SPY) | 9.9% | 8.5% |
| Sector (XLY) | -0.3% | 14.3% |
Fundamental Drivers
The -91.6% change in BOXL stock from 4/30/2025 to 5/22/2026 was primarily driven by a -89.2% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302025 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.78 | 0.82 | -91.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 136 | 109 | -19.6% |
| P/S Multiple | 0.0 | 0.0 | -3.4% |
| Shares Outstanding (Mil) | 0 | 3 | -89.2% |
| Cumulative Contribution | -91.6% |
Market Drivers
4/30/2025 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BOXL | -91.6% | |
| Market (SPY) | 36.0% | 8.3% |
| Sector (XLY) | 21.8% | 7.2% |
Fundamental Drivers
The -99.0% change in BOXL stock from 4/30/2023 to 5/22/2026 was primarily driven by a -89.8% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 4302023 | 5222026 | Change |
|---|---|---|---|
| Stock Price ($) | 84.17 | 0.82 | -99.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 222 | 109 | -50.7% |
| P/S Multiple | 0.1 | 0.0 | -80.6% |
| Shares Outstanding (Mil) | 0 | 3 | -89.8% |
| Cumulative Contribution | -99.0% |
Market Drivers
4/30/2023 to 5/22/2026| Return | Correlation | |
|---|---|---|
| BOXL | -99.0% | |
| Market (SPY) | 86.3% | 9.3% |
| Sector (XLY) | 65.2% | 8.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| BOXL Return | -10% | -77% | -57% | -64% | -85% | -53% | -100% |
| Peers Return | -43% | 18% | 27% | 6% | -97% | -39% | -98% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 98% |
Monthly Win Rates [3] | |||||||
| BOXL Win Rate | 33% | 25% | 33% | 17% | 50% | 20% | |
| Peers Win Rate | 42% | 42% | 42% | 33% | 25% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| BOXL Max Drawdown | -67% | -80% | -82% | -72% | -97% | -63% | |
| Peers Max Drawdown | -70% | -67% | -54% | -67% | -100% | -61% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CLRO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/22/2026 (YTD)
How Low Can It Go
| Event | BOXL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.5% | -18.8% |
| % Gain to Breakeven | 80.2% | 23.1% |
| Time to Breakeven | 50 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -25.8% | -7.8% |
| % Gain to Breakeven | 34.9% | 8.5% |
| Time to Breakeven | 140 days | 18 days |
| 2020 COVID-19 Crash | ||
| % Loss | -72.4% | -33.7% |
| % Gain to Breakeven | 262.9% | 50.9% |
| Time to Breakeven | 112 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.4% | -19.2% |
| % Gain to Breakeven | 129.2% | 23.8% |
| Time to Breakeven | 23 days | 105 days |
In The Past
Boxlight's stock fell -44.5% during the 2025 US Tariff Shock. Such a loss loss requires a 80.2% gain to breakeven.
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Asset Allocation
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| Event | BOXL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -44.5% | -18.8% |
| % Gain to Breakeven | 80.2% | 23.1% |
| Time to Breakeven | 50 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -25.8% | -7.8% |
| % Gain to Breakeven | 34.9% | 8.5% |
| Time to Breakeven | 140 days | 18 days |
| 2020 COVID-19 Crash | ||
| % Loss | -72.4% | -33.7% |
| % Gain to Breakeven | 262.9% | 50.9% |
| Time to Breakeven | 112 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.4% | -19.2% |
| % Gain to Breakeven | 129.2% | 23.8% |
| Time to Breakeven | 23 days | 105 days |
In The Past
Boxlight's stock fell -44.5% during the 2025 US Tariff Shock. Such a loss loss requires a 80.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Boxlight (BOXL)
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.
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Here are 1-3 brief analogies to describe Boxlight:
Google for K-12 interactive classrooms
Apple for K-12 interactive classrooms
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- Interactive Displays & Projectors: Hardware including interactive flat panel displays, touch projectors, and interactive whiteboards for engaging classroom experiences.
- Classroom Technology Peripherals: Supporting devices such as document cameras, wireless pen tablets, and classroom audio solutions.
- Educational Robotics & 3D Printing: Systems like Mimio MyBot for robotics education and Robo3D printers for K-12 STEM learning.
- Interactive Instructional Software: Software platforms such as MimioStudio and Oktopus for creating, editing, and presenting interactive lessons and activities.
- Educational Content & Gaming Software: Digital resources including standards-driven lesson plans (MyStemKits) and multi-student interactive gaming software (GameZones).
- Professional Development & Training Services: Offerings encompassing classroom training, professional development, and educator certification to support technology integration.
AI Analysis | Feedback
```htmlBoxlight Corporation (BOXL) primarily serves the K-12 education market worldwide. Its major customers are not individual consumers, nor are they typically publicly traded companies that integrate Boxlight's products into their own offerings for sale. Instead, Boxlight's customers are various types of educational institutions and entities within the K-12 sector. Therefore, its customer base can be described through the following categories:
- K-12 Public School Districts: These are governmental entities responsible for administering public education within a specific geographical area. They are major purchasers of classroom technology and professional development services for the numerous schools under their jurisdiction.
- Private K-12 Schools: Independent educational institutions, which include both for-profit and non-profit schools, that purchase Boxlight's interactive classroom solutions directly for their students and educators.
- Educational Resellers and Distributors: Boxlight likely partners with various companies and organizations that specialize in selling and distributing educational technology. These resellers and distributors act as intermediaries, purchasing Boxlight's products and then selling them to individual schools, districts, and other educational institutions globally.
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Michael Pope, Chief Executive OfficerMr. Pope has served as Chief Executive Officer since January 2017. He was previously the Founder and CEO of Mimio, which Boxlight acquired in 2017. Prior to Mimio, Mr. Pope co-founded and served as CEO of Interwrite Learning, a K-12 educational technology company that was acquired by a private equity firm. He also has experience managing companies backed by private equity firms.
Vincent Y. Tong, Chief Financial Officer
Mr. Tong joined Boxlight as Chief Financial Officer in October 2023. He brings over 25 years of experience in finance and operations within both public and private companies, including a background with private equity-backed organizations. He has held CFO positions at various companies, including most recently at Adela, Inc., and previously at Phoenix Technologies Ltd., Forcepoint LLC, and Conversant Intellectual Property Management.
Jana Fernandez, Chief Marketing Officer
Ms. Fernandez has been Chief Marketing Officer at Boxlight since 2019. Prior to joining Boxlight, she held marketing leadership positions at various technology companies.
Patrick Foley, Chief Technology Officer
Mr. Foley has been the Chief Technology Officer since January 2017. He previously served as CTO of Mimio, a company acquired by Boxlight.
Mark Starkey, President
Mr. Starkey was appointed President of Boxlight in January 2020. He was previously the CEO of Sahara Presentation Systems, a leading AV distributor and manufacturer of Clevertouch, which Boxlight acquired.
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Key Risks for Boxlight (BOXL)
- Dependence on the K-12 Education Market and its Funding: Boxlight's business is exclusively focused on providing technology solutions for the K-12 education sector. This concentration exposes the company to significant risks associated with fluctuations in education budgets, which are often influenced by government policies, economic conditions, and public funding priorities. Shifts in educational trends or pedagogical approaches that de-emphasize interactive classroom technology could also directly impact demand for Boxlight's products and services.
- Rapid Technological Change and Product Obsolescence: Operating in the education technology market, Boxlight faces the inherent risk of rapid technological advancements and evolving user expectations. The company offers a wide range of hardware (interactive projectors, flat panels, robotics, 3D printers) and software solutions. A failure to continuously innovate, adapt to new technologies (e.g., AI-driven learning tools, virtual/augmented reality in classrooms), or keep pace with competitor offerings could lead to their products becoming obsolete or less competitive, thereby impacting sales and market share.
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The increasing ubiquity of individual student devices (such as Chromebooks, laptops, and tablets) in K-12 education through 1:1 computing initiatives, combined with the widespread adoption of comprehensive, cloud-based learning management systems and collaborative platforms (like Google Classroom, Microsoft Teams for Education, and Apple School Manager), poses a clear emerging threat to Boxlight's business model. This paradigm shift could diminish the central role and unique value proposition of dedicated interactive classroom displays and specialized proprietary instructional software, as interactive learning and collaboration increasingly occur directly on student devices and within integrated, ecosystem-wide platforms.
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Boxlight Corporation (BOXL) operates within several significant addressable markets, primarily focused on K-12 education technology products and services.
Education Technology (EdTech) Market
The global K-12 Education Technology (EdTech) market was projected to reach USD 295.6 billion in 2025 and is expected to grow to USD 908.1 billion by 2034. For the United States, the K-12 EdTech market is projected to be USD 94.8 billion in 2025 and is expected to reach USD 273.2 billion in 2034.
Interactive Flat Panel Display (IFPD) Market for Education
The global Interactive Flat Panel Display for Educational Technology market was valued at approximately USD 12.45 billion in 2024 and is projected to grow to USD 21.76 billion by 2033. More specifically, the education segment of the global interactive flat panel display market accounted for USD 3.7 billion in 2024. North America is a leading market, with the overall interactive display market (which includes education) in the region accounting for USD 15.79 billion in 2024.
K-12 STEM Education Market
The global K-12 STEM (Science, Technology, Engineering, and Mathematics) education market was valued at USD 58.3 billion in 2024 and is projected to reach USD 125.2 billion by 2030. In North America, the K-12 STEM education market held a dominant share of over 44% in 2024, with a valuation of USD 21.62 billion in 2023.
Professional Development for Educators Market
The K-12 segment of the professional development market in the U.S. was valued at USD 5.78 billion in 2022. The overall professional development market in the U.S. is a significant and expanding domain, with the market size valued at over USD 70 billion. This market is projected to increase by USD 5.56 billion from 2024 to 2029.
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Here are 3-5 expected drivers of future revenue growth for Boxlight (BOXL) over the next 2-3 years:
- Anticipated Market Recovery and Technology Refresh Cycle in K-12 Education: Boxlight management anticipates a recovery in the market for interactive flat panel technology, with expectations for renewed spending and a market refresh beginning in the second half of 2025 and continuing into 2026. This recovery is driven by the inevitable need for schools to upgrade technology to align with the latest digital curriculum and educational priorities, suggesting a backlog of interest that Boxlight is poised to capitalize on.
- Product Innovation and Diversification into Integrated Solutions: Boxlight is focusing on product innovation and diversifying its offerings beyond core interactive displays. The company has unified its worldwide display brand under "Clevertouch by Boxlight" and launched new products such as the Clevertouch Max 2 in the U.S. market and the CL Totem digital signage solution. Furthermore, Boxlight is expanding into audio, campus communication, and integrated school safety solutions, highlighted by the launch of FrontRow Symphony™, an innovative communication platform designed for educational and business environments.
- Global Market Expansion and Strategic Partnerships: Boxlight is actively pursuing global expansion and forming strategic alliances. The company opened a new showroom in Poland in August 2024, indicating a push for broader international reach. Additionally, Boxlight is strengthening its market position through strategic partnerships, such as integrating with major third-party emergency management platforms (including CENTEGIX, Raptor Technologies, RedBag, CrisisGo, and Kokomo24/7) for comprehensive School Safety Solutions. The company also secured a partnership with Montgomery ISD to deploy its FrontRow and Clevertouch brands.
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Share Repurchases
- Boxlight's Board of Directors approved a share repurchase program on February 14, 2023, authorizing the repurchase of up to $15 million in shares of its Class A common stock.
- The authorization for this share repurchase program is set to expire on January 26, 2027.
- As of September 30, 2024, Boxlight Corporation had not utilized the approved share repurchase program.
Share Issuance
- In September 2025, Boxlight secured agreements with institutional investors for the sale of 1.33 million shares of its common stock at $3.00 per share, generating approximately $4 million in gross proceeds, intended for working capital and debt reduction.
- The company completed a private placement in February 2025, raising approximately $2.8 million.
- Boxlight implemented a 1-for-5 reverse stock split in February 2025 and a 1-for-6 reverse stock split effective December 22, 2025, which also reduced the authorized Class A Common Stock from 25,000,000 shares to 4,166,667 shares.
Inbound Investments
- Boxlight raised approximately $4 million in gross proceeds in September 2025 through a registered direct offering to institutional investors.
- A private placement in February 2025 generated approximately $2.8 million in gross proceeds for the company.
- On January 21, 2026, MD Ehsan Khan acquired a 24.3% stake in Boxlight Corp, purchasing 231,000 shares for $600,600.
Outbound Investments
- In October 2021, Boxlight acquired FrontRow, a provider of networked communication solutions for education, for $33.7 million.
Capital Expenditures
- Boxlight's capital expenditures are primarily related to facility leases, as the company leases all its office facilities.
- The company's limited credit availability from major vendors requires prepayment for a percentage of inventory purchases, which impacts cash liquidity.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Boxlight Earnings Notes | 12/16/2025 | |
| Is Boxlight Stock Built to Withstand More Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 2.06 |
| Mkt Cap | 0.0 |
| Rev LTM | 56 |
| Op Inc LTM | -13 |
| FCF LTM | -9 |
| FCF 3Y Avg | -5 |
| CFO LTM | -9 |
| CFO 3Y Avg | -4 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -13.4% |
| Rev Chg 3Y Avg | -29.9% |
| Rev Chg Q | 0.1% |
| QoQ Delta Rev Chg LTM | 0.0% |
| Op Inc Chg LTM | -36.4% |
| Op Inc Chg 3Y Avg | -85.1% |
| Op Mgn LTM | -201.5% |
| Op Mgn 3Y Avg | -106.9% |
| QoQ Delta Op Mgn LTM | -1.5% |
| CFO/Rev LTM | -381.0% |
| CFO/Rev 3Y Avg | -209.2% |
| FCF/Rev LTM | -381.1% |
| FCF/Rev 3Y Avg | -211.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.0 |
| P/S | 2.1 |
| P/Op Inc | -0.6 |
| P/EBIT | -0.6 |
| P/E | -0.2 |
| P/CFO | -0.6 |
| Total Yield | -695.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -50.9% |
| D/E | 8.3 |
| Net D/E | 6.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -12.2% |
| 3M Rtn | -40.6% |
| 6M Rtn | -52.7% |
| 12M Rtn | -94.3% |
| 3Y Rtn | -98.5% |
| 1M Excs Rtn | -14.5% |
| 3M Excs Rtn | -46.6% |
| 6M Excs Rtn | -70.1% |
| 12M Excs Rtn | -122.4% |
| 3Y Excs Rtn | -178.3% |
Price Behavior
Price Behavior
| Market Price | $0.82 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 11/30/2017 | |
| Distance from 52W High | -97.1% | |
| 50 Days | 200 Days | |
| DMA Price | $1.07 | $5.29 |
| DMA Trend | down | down |
| Distance from DMA | -23.0% | -84.5% |
| 3M | 1YR | |
| Volatility | 103.8% | 250.4% |
| Downside Capture | 177.49 | 387.82 |
| Upside Capture | -86.11 | -22.78 |
| Correlation (SPY) | -6.1% | 7.7% |
BOXL Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.41 | -1.09 | -1.51 | 0.87 | 1.63 | 1.37 |
| Up Beta | -1.44 | -1.37 | -2.58 | 1.24 | 1.39 | 0.89 |
| Down Beta | 1.40 | -2.33 | -2.43 | 0.31 | 1.23 | 0.67 |
| Up Capture | -47% | -104% | -86% | -104% | -5% | 38% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 5 | 13 | 23 | 41 | 96 | 321 |
| Down Capture | 834% | 11% | 9% | 242% | 195% | 113% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 14 | 24 | 35 | 76 | 142 | 399 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BOXL | |
|---|---|---|---|---|
| BOXL | -92.1% | 249.9% | -0.27 | - |
| Sector ETF (XLY) | 13.6% | 18.2% | 0.56 | 6.5% |
| Equity (SPY) | 29.5% | 12.0% | 1.86 | 7.8% |
| Gold (GLD) | 35.5% | 26.8% | 1.11 | 3.1% |
| Commodities (DBC) | 42.9% | 18.7% | 1.77 | 2.1% |
| Real Estate (VNQ) | 15.2% | 13.1% | 0.82 | 0.8% |
| Bitcoin (BTCUSD) | -29.5% | 41.7% | -0.73 | -1.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BOXL | |
|---|---|---|---|---|
| BOXL | -73.1% | 179.8% | -0.22 | - |
| Sector ETF (XLY) | 7.8% | 23.7% | 0.29 | 11.7% |
| Equity (SPY) | 14.0% | 17.0% | 0.64 | 11.3% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | 2.4% |
| Commodities (DBC) | 10.4% | 19.4% | 0.42 | 2.6% |
| Real Estate (VNQ) | 3.8% | 18.8% | 0.10 | 4.4% |
| Bitcoin (BTCUSD) | 12.2% | 55.3% | 0.42 | 7.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with BOXL | |
|---|---|---|---|---|
| BOXL | -54.0% | 171.6% | 0.03 | - |
| Sector ETF (XLY) | 13.0% | 22.0% | 0.54 | 10.9% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 9.8% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | 1.1% |
| Commodities (DBC) | 7.8% | 17.9% | 0.35 | 4.0% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 6.4% |
| Bitcoin (BTCUSD) | 67.2% | 66.9% | 1.06 | 6.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/13/2026 | -5.0% | -5.8% | -33.3% |
| 11/6/2025 | -14.5% | -19.6% | -41.3% |
| 8/13/2025 | -6.7% | -17.7% | -12.9% |
| 3/28/2025 | -8.8% | -20.0% | 0.0% |
| 11/13/2024 | -1.5% | -17.6% | -15.7% |
| 8/7/2024 | -4.1% | -7.5% | -10.6% |
| 3/13/2024 | -17.5% | -18.1% | -33.4% |
| 10/31/2023 | 1.2% | 2.4% | -36.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 4 |
| # Negative | 11 | 10 | 15 |
| Median Positive | 2.9% | 6.8% | 18.1% |
| Median Negative | -8.8% | -17.9% | -23.4% |
| Max Positive | 10.2% | 21.7% | 33.3% |
| Max Negative | -17.5% | -20.0% | -41.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 04/15/2026 | 10-K |
| 09/30/2025 | 11/14/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 03/28/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/17/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Marklew, Shaun | Chief Technology Officer | Direct | Sell | 9122025 | 1.79 | 178 | 319 | 8,631 | Form |
| 2 | Nance, Henry | Chief Operating Officer | Direct | Sell | 9122025 | 1.79 | 111 | 199 | 14,059 | Form |
| 3 | Wiggins, Greg | Chief Financial Officer | Direct | Sell | 6092025 | 1.67 | 38 | 63 | 2,480 | Form |
| 4 | Nance, Henry | Chief Operating Officer | Direct | Sell | 6092025 | 1.67 | 132 | 220 | 13,302 | Form |
| 5 | Marklew, Shaun | Chief Technology Officer | Direct | Sell | 6092025 | 1.67 | 178 | 297 | 8,350 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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