Boxlight(BOXL)

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Boxlight(BOXL) - 2020 Q1 - Quarterly Report
2020-05-15 21:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-37564 BOXLIGHT CORPORATION (Exact name of registrant as specified in its charter) Nevada 8211 46-4116523 | ...
Boxlight(BOXL) - 2019 Q4 - Annual Report
2020-05-12 22:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number: 001-37564 BOXLIGHT CORPORATION (Exact name of registrant as specified in its charter) Securities registered pursua ...
Boxlight(BOXL) - 2019 Q3 - Earnings Call Transcript
2019-11-14 01:33
Financial Data and Key Metrics Changes - Revenue for Q3 2019 was $11.6 million, an increase of $1.4 million or 14% compared to $10.2 million in Q3 2018 [15] - Gross profit for Q3 2019 was $3.4 million, an increase of $1 million compared to $2.4 million in Q3 2018, resulting in a gross margin of 30% for Q3 2019 compared to 24% in Q3 2018 [15][16] - Year-to-date revenue for the nine months ended September 30, 2019, was $27.7 million, an increase of $1.8 million or 7% compared to $25.9 million in the same period of 2018 [19] - Net loss for Q3 2019 was $0.3 million, a decrease of $0.9 million or 76% compared to $1.2 million in Q3 2018 [17] Business Line Data and Key Metrics Changes - The increase in revenue was primarily driven by sales of hardware, software, and professional development services [15] - The company reported strong traction in its classroom solutions, with existing customers expanding their solutions and new customers adopting replacements for older technologies [6][10] Market Data and Key Metrics Changes - The education technology industry continues to see double-digit growth in the U.S. and internationally, with Boxlight optimistic about growth potential in all product categories [12] - Internationally, contracts were awarded in countries such as Chile, the Dominican Republic, Ecuador, Mexico, and Peru, contributing to a growing international channel [10][42] Company Strategy and Development Direction - The company is focusing on diversifying its product suite to include high-margin proprietary solutions, which is expected to maintain high margins and revenue growth in the future [12] - The introduction of new products, such as the MimioClarity audio distribution system, is anticipated to enhance the company's offerings and drive sales [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that some major deals were pushed out to future quarters, impacting revenue expectations for Q4 2019 [23][26] - The company expects a better first quarter in 2020 due to new deployments and the addition of New York City as a significant customer [31][28] Other Important Information - The company raised $4 million from Lind Partners to support inventory purchases and operating expenses, improving its cash position compared to the previous year [35] - The company is restructuring its European operations to enhance performance in that market [41] Q&A Session Summary Question: Addressing revenue growth guidance shortfall - Management indicated that while Q3 showed good activity, some major deals were delayed, impacting revenue expectations for Q4 [23][25] Question: Demand for specific products - Management noted strong demand for flat panels and the MimioFrame solution, with significant opportunities in various school districts [32] Question: Capital constraints on growth - Management confirmed that while capital needs are being assessed, the company is currently in a better position than the previous year due to improved arrangements and fundraising [35] Question: Adjusted EBITDA calculation - Management explained that adjusted EBITDA is calculated by adding back normal depreciation, amortization, interest expense, stock compensation expense, and changes in the fair value of derivative liabilities [37] Question: Future revenue from existing contracts - Management stated that they are closely monitoring rollout schedules for existing contracts and expect to see revenue growth from these in the upcoming quarters [39] Question: Sales mix of flat panels versus other products - Management indicated that interactive flat panels currently account for about 50% of total sales, with expectations for this percentage to decrease over time as other product lines grow [56][59]
Boxlight(BOXL) - 2019 Q3 - Quarterly Report
2019-11-12 21:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-37564 BOXLIGHT CORPORATION (Exact name of registrant as specified in its charter) Nevada 8211 46-41165 ...
Boxlight(BOXL) - 2019 Q2 - Earnings Call Transcript
2019-08-14 02:43
Boxlight Corporation (NASDAQ:BOXL) Q2 2019 Earnings Conference Call August 13, 2019 4:30 PM ET Company Participants Stephen Hart - Hayden Investor Relations Mark Elliott - Chief Executive Officer Takesha Brown - Chief Financial Officer Michael Pope - President Conference Call Participants Brian Kinstlinger - Alliance Global John Nobile - Taglich Brothers Allen Klee - Maxim Group Keith Gil - Carter, Terry & Company Operator Good day ladies and gentlemen, and welcome to the Boxlight Corporation Second Quarter ...
Boxlight(BOXL) - 2019 Q2 - Quarterly Report
2019-08-13 20:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-37564 BOXLIGHT CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |---- ...
Boxlight(BOXL) - 2019 Q1 - Earnings Call Transcript
2019-05-16 19:35
Boxlight Corp (NASDAQ:BOXL) Q1 2019 Earnings Conference Call May 16, 2019 9:00 AM ET Company Participants Stephen Hart - Hayden IR Mark Elliott - Chairman & CEO Michael Pope - President Takesha Brown - CFO Conference Call Participants Brian Kinstlinger - Alliance Global Partners Allen Klee - Maxim Group John Nobile - Taglich Brothers Hunter Diamond - Diamond Equity Research Operator Greetings, and welcome to the Boxlight Corporation First Quarter 2019 Earnings Conference Call. It is now my pleasure to intro ...
Boxlight(BOXL) - 2019 Q1 - Quarterly Report
2019-05-15 21:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-37564 BOXLIGHT CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |--- ...
Boxlight(BOXL) - 2018 Q4 - Earnings Call Transcript
2019-03-29 04:04
Start Time: 16:30 January 1, 0000 5:03 PM ET Boxlight Corporation (NASDAQ:BOXL) Q4 2018 Earnings Conference Call March 28, 2019, 16:30 PM ET Company Participants Mark Elliott - CEO Takesha Brown - CFO Michael Pope - President Stephen Hart - IR Conference Call Participants John Nobile - Taglich Brothers Allen Klee - Maxim Group Hunter Diamond - Diamond Equity Research Operator Greetings, and welcome to the Boxlight Corporation Fourth Quarter 2018 Earnings Results Call. At this time, all participants are in a ...
Boxlight(BOXL) - 2018 Q4 - Annual Report
2019-03-28 20:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 OR [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number: 001-37564 | --- | --- | --- | |------------------------------------------------------------------------------|---- ...