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BOXL (Boxlight) Gross Profit : $51.9 Mil (TTM As of Sep. 2024)


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What is Boxlight Gross Profit?

Boxlight's gross profit for the three months ended in Sep. 2024 was $12.3 Mil. Boxlight's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $51.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Boxlight's gross profit for the three months ended in Sep. 2024 was $12.3 Mil. Boxlight's Revenue for the three months ended in Sep. 2024 was $36.3 Mil. Therefore, Boxlight's Gross Margin % for the quarter that ended in Sep. 2024 was 33.76%.

Boxlight had a gross margin of 33.76% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Boxlight was 36.38%. The lowest was 17.98%. And the median was 26.10%.


Boxlight Gross Profit Historical Data

The historical data trend for Boxlight's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boxlight Gross Profit Chart

Boxlight Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.94 9.87 46.53 64.87 63.30

Boxlight Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.01 12.31 12.82 14.53 12.25

Competitive Comparison of Boxlight's Gross Profit

For the Communication Equipment subindustry, Boxlight's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boxlight's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Boxlight's Gross Profit distribution charts can be found below:

* The bar in red indicates where Boxlight's Gross Profit falls into.



Boxlight Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Boxlight's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=176.721 - 113.419
=63.3

Boxlight's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=36.289 - 24.037
=12.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Boxlight's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=12.3 / 36.289
=33.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Boxlight  (NAS:BOXL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Boxlight had a gross margin of 33.76% for the quarter that ended in Sep. 2024 => Competition eroding margins


Boxlight Gross Profit Related Terms

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Boxlight Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells and services interactive solutions predominantly for the education market, but also for the corporates and government sectors. The company currently designs, produces and distributes interactive technologies including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras and other peripherals for the education market and non-interactive solutions including flat panels, LED video walls and digital signage. The company also distributes science, technology, engineering and math (or STEM) products, including 3D printing and robotics solutions, and a portable science lab.
Executives
Greg Wiggins officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 2750 PREMIER PARKWAY, SUITE 900, DULUTH GA 30097
Shaun Marklew officer: Chief Technology Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Henry Nance officer: Chief Operating Officer C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Mark Starkey officer: President C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director, officer: Chief Executive Officer 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
James Mark Elliott director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Dale Strang director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Patrick Foley officer: Chief Financial Officer C/O BOXLIGHT CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Rudolph F. Crew director C/O BOXLIGHT CORP., 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Tiffany Kuo director C/O BOXLIGHT CORPORATION, AT 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Charles P. Amos director C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
Roger Wayne Jackson director 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
K Laser Technology Inc. 10 percent owner 1 LI HSIN RD. VI, SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5 300
Daniel Leis officer: Senior VP Marketing C/O BOXLIGHT CORPORATION, 1045 PROGRESS CRICLE, LAWRENCEVILLE GA 30043
James Lindsey Clark director 1819 DANFORTH DRIVE, MARIETTA GA 30062

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