Filing Flows › Boxlight (BOXL) › Q4 2024
Boxlight (BOXL) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Boxlight (BOXL) reported revenue of $24.0M for the fourth quarter 2024 (Q4 2024), -38% from a year earlier and -34% from the quarter before. Operating margin was -67.6%, net loss $16.7M (69.6% of revenue).
Boxlight, Q4 2024: revenue $24.0M (-38% year over year), operating margin -67.6%, net loss $16.7M, operating cash flow $1.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.0M | -34% | -38% |
| Operating profit | −$16.2M | — | — |
| Net earnings | −$16.7M | — | — |
| Operating cash flow | $1.6M | -68% | -51% |
| Free cash flow | $1.4M | — | — |
What changed
Revenue was $24.0M in Q4 2024, down 38% year over year and down 34% from the previous quarter.
Gross margin was 30.6%, down 1.1 points from a year earlier. Operating costs exceeded revenue by $16.2M, an operating margin of -67.6%. Operating expenses fell 18% while revenue fell 38%. The fastest-growing cost line was General & admin (+42%). The quarter ended with a net loss of $16.7M, wider than the previous quarter's $3.1M loss.
Operating cash flow was $1.6M (down 51% year over year). Non-cash charges added back $14.3M of depreciation and amortization and $156K of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $227K left free cash flow of $1.4M.
Questions
What was Boxlight's revenue in the fourth quarter 2024?
Boxlight (BOXL) reported revenue of $24.0M for the fourth quarter 2024 (Q4 2024), -38% from a year earlier and -34% from the quarter before.
Was Boxlight profitable in the fourth quarter 2024?
Operating loss was $16.2M (-67.6% of revenue) and net loss $16.7M.
Source: Boxlight 10-K on SEC EDGAR.