earnings
confidence high
sentiment negative
materiality 0.75
Boxlight Q3 revenue down 19% to $29.3M; net loss widens to $6.2M; not in compliance with debt covenants
Boxlight Corp
2025-Q3 EPS reported
-$4.87
revenue$82,612,000
- Revenue $29.3M, down 19.2% YoY; gross margin fell to 29.1% from 33.8% due to tariffs and pricing pressure.
- Net loss $6.2M ($1.88 basic loss per share) vs $3.1M loss in Q3 2024; adjusted EBITDA negative $0.4M vs positive $2.2M.
- Not in compliance with borrowing base and senior leverage ratio covenants under credit agreement at July, August, and September 30, 2025.
- Raised $3.6M from stock offering and $1.9M from warrant exercises; ended quarter with $11.8M cash and $36.7M debt.
- Regained Nasdaq listing compliance on October 8, 2025; launched CL Totem digital signage in North America.
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