Boxlight Corporation

1045 Prgress Circle
Lawrenceville, Georgia 30043

BASIC INFORMATION

Contact: Michael Pope
Phone: (866) 972-1649
Fax:
Email: investor.relations@boxlight.com
Website: boxlight.com  
 
Stock Price Alert: 1.50 on 10/21/20
Symbol: BOXL 
Exchange: NasdaqCM 
Industry Sector: Technology
Employees: 68

COMPANY HISTORY

Boxlight Corporation was formerly known as Logical Choice Corporation and was incorporated in 2014. They went public via a traditional IPO in November 2017.

The company is a leading provider of interactive technology solutions for the global learning market. They develop, sell, and service its integrated solution suite including interactive displays, hardware accessories, software, and professional services. 

COMPANY BUSINESS SUMMARY

Boxlight Corporation is a leading provider of technology solutions for the global learning market. The company aims to improve learning and engagement in classrooms and to help educators enhance student outcomes, by developing the products they need. The company provides a range of interactive classroom technology products primarily targeted at the K-12 education market. Its products include 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.

The company 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, it offers interactive touch tables and whiteboards; and 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, the company distributes interactive projectors and LED flat panels; and science, technology, engineering, and math data logging and robotics products. It has a strategic partnership with CareHawk for providing audio solutions for the education market.  

TOP OFFICERS

Name
Title
Fiscal Year Pay
Biography
Michael PopeChairman and CEO$295,000View Biography
Takesha BrownCFO$209,000View Biography
Hank NanceCOO$315,000View Biography

SHARE RELATED INFORMATION

52 Week High: $4.65 on 7/16/20 Total Shares Outstanding: 50,000,000
52 Week Low: .33 on 3/23/20 Public Float: 44,000,000
All time High: $9.17 on 11/27/17 Earnings Per Share:
All time Low: .33 on 3/23/20 Book Value: .20 per share

View Historical Stock Prices & Volume for this company

FUNDAMENTAL INVESTMENT HIGHLIGHTS

  From 2016 to present, the company has closed nine acquisitions including the purchase of UK-based Sahara Presentation Systems in September 2020 for approx. $95 million.

  The company generates greater than $100 million in revenue and produces strong earnings.

  The stock at the current price of $1.50 is trading under 1 times revenue as of 10/21/20

  TipRanks analyst consensus has initiated a Buy Recommendation with a 12 month price target of over $4.00 a share

INSIDER ACTIVITY

N/A

FINANCIAL SNAPSHOT

All numbers in Thousands

Fiscal Yr
Ends 12/2019
Prior Fiscal Yr
Ends 12/2018
Recent Quarter
Ends 6/2020
Revenues  $33,030  $37,841  $7,828
Pre-Tax Earnings (Losses)  ($9,402)  ($7,177)  ($1,426)
Total Cash  $1,173  $901  $6,133
Total Assets  $20,469  $21,267  $28,090
Total Liabilities  $21,116  $13,299  $17,359
Shareholders Equity  ($647)  $7,968  $10,731

View all Filings for this company

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