Boxlight Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	176.72	221.78	185.18	54.89	33.03	37.84	25.74	20.37	3.38	2.9
Revenue Growth (YoY)	-20.32%	19.77%	237.35%	66.19%	-12.71%	46.99%	26.37%	503.20%	16.34%	-
Cost of Revenue	113.42	156.91	138.65	45.02	24.09	29.19	19.33	12.96	2.28	2.24
Gross Profit	63.3	64.87	46.53	9.87	8.94	8.65	6.41	7.41	1.1	0.67
Selling, General & Admin	61.25	59.34	47.27	21.16	15.77	14.98	13.19	7.69	2.94	1.73
Research & Development	3.16	2.48	1.83	1.42	1.23	0.67	0.47	1.01	0.21	0
Other Operating Expenses	25.2	0	0	0	0	0	0	0	0	0
Operating Expenses	89.6	61.82	49.1	22.58	17	15.65	13.66	8.7	3.15	1.73
Operating Income	-26.3	3.05	-2.57	-12.71	-8.06	-7	-7.24	-1.29	-2.05	-1.07
Interest Expense / Income	10.84	9.92	3.38	2.82	1.79	0.84	0.64	0.82	0.1	0.02
Other Expense / Income	0.15	-3.18	4.54	1.45	-0.45	-0.66	-1.34	-0.04	0.11	-
Pretax Income	-37.29	-3.69	-10.49	-16.97	-9.4	-7.18	-6.54	-2.06	-2.26	-1.09
Income Tax	1.87	0.05	3.31	-0.82	0	0	0	0	0	0
Net Income	-39.16	-3.74	-13.8	-16.15	-9.4	-7.18	-6.54	-2.06	-2.26	-1.09
Preferred Dividends	1.27	1.27	0.9	0.34	0	0	0	0	0	0
Net Income Common	-40.43	-5.01	-14.7	-16.49	-9.4	-7.18	-6.54	-2.06	-2.26	-1.09
Shares Outstanding (Basic)	9	9	7	5	1	1	1	1	1	0
Shares Outstanding (Diluted)	9	9	7	5	1	1	1	1	1	0
Shares Change	9.38%	17.51%	39.46%	294.78%	7.73%	81.88%	26.88%	5.28%	14.24%	-
EPS (Basic)	-4.28	-0.58	-1.84	-3.12	-7.04	-5.76	-9.60	-3.84	-4.40	-2.40
EPS (Diluted)	-4.28	-0.58	-1.84	-3.12	-7.04	-5.76	-9.60	-3.84	-4.40	-2.40
Free Cash Flow	10.26	0.08	-2.62	-4.93	-4.27	-4.18	-1.35	2.38	0.22	-0.41
Free Cash Flow Per Share	1.08	0.01	-0.35	-0.93	-3.19	-3.37	-1.99	4.43	0.42	-0.91
Gross Margin	35.82%	29.25%	25.12%	17.98%	27.07%	22.87%	24.91%	36.38%	32.58%	22.95%
Operating Margin	-14.88%	1.37%	-1.39%	-23.15%	-24.40%	-18.49%	-28.13%	-6.31%	-60.70%	-36.75%
Profit Margin	-22.88%	-2.26%	-7.94%	-30.04%	-28.47%	-18.97%	-25.40%	-10.12%	-66.89%	-37.44%
Free Cash Flow Margin	5.81%	0.04%	-1.41%	-8.98%	-12.92%	-11.06%	-5.26%	11.68%	6.38%	-13.97%
EBITDA	-17.59	15.36	0.07	-11.55	-6.7	-5.45	-5.16	-0.89	-2.16	-1.07
EBITDA Margin	-9.95%	6.92%	0.04%	-21.04%	-20.28%	-14.40%	-20.03%	-4.37%	-63.97%	-36.75%
Depreciation & Amortization	8.86	9.13	7.18	2.61	0.91	0.89	0.75	0.35	0	0
EBIT	-26.45	6.23	-7.11	-14.16	-7.61	-6.34	-5.9	-1.24	-2.16	-1.07
EBIT Margin	-14.97%	2.81%	-3.84%	-25.79%	-23.03%	-16.74%	-22.93%	-6.11%	-63.97%	-36.75%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).