Boxlight (BOXL) Interest Expenses (2016 - 2024)

Boxlight (BOXL) posted quarterly Interest Expenses of $2.6 million for Q1 2024, up 6.54% year-over-year from $2.4 million in Q2 2023, and little changed on a QoQ basis from $2.6 million in Q4 2023.

Boxlight (BOXL) Interest Expenses (2016 - 2024) Analysis & Trends

Boxlight (BOXL) has reported Interest Expenses for 9 consecutive years, with $2.6 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Interest Expenses rose 6.54% year-over-year to $2.6 million; the TTM figure through Dec 2024 stood at $2.6 million (down 75.95% YoY), while the FY2023 annual figure was $10.8 million, up 9.24% from the prior year.
  • Interest Expenses came in at $2.6 million for Q1 2024 at Boxlight, roughly flat from $2.6 million in the prior quarter.
  • The five-year high for Interest Expenses was $3.0 million in Q3 2023, with the low at $459000.0 in Q1 2020.
  • Average Interest Expenses over 5 years is $1.7 million, with a median of $2.3 million recorded in 2022.
  • Across the five-year window, Interest Expenses sank 38.96% in 2021 and soared 255.21% in 2022, its largest moves.
  • Year by year, Interest Expenses stood at $1.2 million in 2020, then tumbled by 38.96% to $730000.0 in 2021, then jumped by 255.21% to $2.6 million in 2022, then climbed by 0.96% to $2.6 million in 2023, then retreated by 0.42% to $2.6 million in 2024.
  • According to Business Quant data, Interest Expenses over the past three periods registered $2.6 million, $2.6 million, and $3.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn -
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn 104,000.00
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn -1.65 Mn
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 -
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn -
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 1,435.00
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn 2.30 Mn
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Boxlight 2.55 Mn -4.35 Mn 6.94 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 2.61 Mn
Mar 31, 2024 2.61 Mn
Dec 31, 2023 2.62 Mn
Dec 31, 2023 2.62 Mn
Sep 30, 2023 2.99 Mn
Sep 30, 2023 2.99 Mn
Jun 30, 2023 2.79 Mn
Jun 30, 2023 2.79 Mn
Mar 31, 2023 2.45 Mn
Mar 31, 2023 2.45 Mn
Dec 31, 2022 2.59 Mn
Dec 31, 2022 2.59 Mn
Sep 30, 2022 2.60 Mn
Sep 30, 2022 2.60 Mn
Jun 30, 2022 2.42 Mn
Jun 30, 2022 2.42 Mn
Mar 31, 2022 2.32 Mn
Mar 31, 2022 2.32 Mn
Dec 31, 2021 730,000.00
Dec 31, 2021 730,000.00