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Boxlight Corporation
1045 Progress Circle
Lawrenceville, Georgia 30043
BASIC INFORMATION
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
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Name
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Title
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Fiscal Year Pay
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Biography
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| Takesha Brown | CFO | $209,000 | View Biography |
| Hank Nance | COO | $315,000 | View Biography |
| Michael Pope | Chairman and CEO | $295,000 | View Biography |
COMPANY NEWS
SHARE RELATED INFORMATION
| 52 Week High: | $4.65 on 7/16/20 | Total Shares Outstanding: | 51,165,000 |
| 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: | .90 |
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
Shareholders Equity has quadrupled from Q2 to Q3 and the stock is trading under 2x book value at the current price of 1.50 a share as of 11/16/20
INSIDER ACTIVITY
N/A
FINANCIAL SNAPSHOT
|
All numbers in Thousands |
Fiscal Yr
Ends 12/2019 |
Prior Fiscal Yr
Ends 12/2018 |
Recent Quarter
Ends 9/2020 |
| Revenues | $33,030 | $37,841 | $9.477 |
| Pre-Tax Earnings (Losses) | ($9,402) | ($7,177) | ($4,211) |
| Total Cash | $1,173 | $901 | $9,610 |
| Total Assets | $20,469 | $21,267 | $124,225 |
| Total Liabilities | $21,116 | $13,299 | $51,031 |
| Shareholders Equity | ($647) | $7,968 | $44,323 |
View all Filings for this company