Boxlight

Boxlight

Develops and manufacturing award-winning projectors and interactive technology to create an innovative classroom.

HQ location
Lawrenceville, United States
Launch date
Employees
Market cap
$4.9m
Enterprise value
$45m
Share price
$1.85 BOXL
  • Electronics
  • Technology
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Post IPO Equity
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth66 %237 %20 %(20 %)(23 %)(19 %)-
EBITDA0000000000000000000000000000
% EBITDA margin(25 %)(1 %)2 %4 %-3 %3 %
Profit0000000000000000000000000000
% profit margin(29 %)(7 %)(2 %)(22 %)(21 %)(13 %)(13 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue3 %1 %1 %2 %3 %--

Source: Company filings or news article, Equity research estimates

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More about Boxlight
Made with AI
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In 1985, founders Herb and Sloan Myers started Boxlight, a company that quickly became a notable name in projection and display technology for a range of sectors including business and government. For over two decades, it built its reputation in presentation hardware. A significant shift began around 2009 when the company, under the new leadership of Hank and Sunshine Nance, pivoted to focus specifically on the K-12 education market. A key chapter in the company's story started in 2016 with the acquisition of Mimio, an educational technology firm founded by MIT students. This move signaled a new strategy: growth through acquisition. This was followed by a string of purchases, including Qwizdom, EOS Education, and Modern Robotics, steadily building a comprehensive suite of classroom tools. The company's ambitions culminated in a major milestone on November 30, 2017, when Boxlight went public on the NASDAQ, raising $7 million in its initial public offering. The capital infusion fueled further acquisitions, most notably the $94.9 million purchase of UK-based Sahara Presentation Systems in 2020, which brought the popular Clevertouch brand into its portfolio and significantly expanded its European footprint. Through this deliberate strategy of acquiring and integrating various technologies, Boxlight has pieced together an end-to-end solution for the modern classroom, combining interactive displays, software, STEM tools, and audio systems.

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Investments by Boxlight

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Mimio
ACQUISITION by Boxlight Mar 2016
Qwizdom
ACQUISITION by Boxlight Jun 2018
MyStemKits
ACQUISITION by Boxlight Apr 2020
Cohuborate
ACQUISITION by Boxlight May 2018
EOS Education
ACQUISITION by Boxlight Sep 2018
Robo3D
ACQUISITION by Boxlight Apr 2020
Sahara Presentations Systems
ACQUISITION by Boxlight Sep 2020
Interactive Concepts
ACQUISITION by Boxlight Mar 2021
FrontRow Calypso
ACQUISITION by Boxlight Nov 2021