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Side-by-side financial comparison of Boxlight Corp (BOXL) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $27.6M, roughly 1.1× Maison Solutions Inc.). Maison Solutions Inc. runs the higher net margin — -18.0% vs -21.1%, a 3.1% gap on every dollar of revenue. On growth, Maison Solutions Inc. posted the faster year-over-year revenue change (-10.9% vs -19.2%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs -23.1%).

Boxlight Corp is a global provider of interactive technology solutions, including interactive flat panel displays, projectors, collaborative software, and classroom technology accessories. It primarily serves K-12 and higher education institutions, as well as corporate and government customers across North America, Europe, and Asia Pacific, focusing on enhancing learning and work collaboration efficiency.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

BOXL vs MSS — Head-to-Head

Bigger by revenue
BOXL
BOXL
1.1× larger
BOXL
$29.3M
$27.6M
MSS
Growing faster (revenue YoY)
MSS
MSS
+8.2% gap
MSS
-10.9%
-19.2%
BOXL
Higher net margin
MSS
MSS
3.1% more per $
MSS
-18.0%
-21.1%
BOXL
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
-23.1%
BOXL

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BOXL
BOXL
MSS
MSS
Revenue
$29.3M
$27.6M
Net Profit
$-6.2M
$-5.0M
Gross Margin
29.1%
23.4%
Operating Margin
-13.4%
-4.9%
Net Margin
-21.1%
-18.0%
Revenue YoY
-19.2%
-10.9%
Net Profit YoY
-102.0%
-1840.5%
EPS (diluted)
$-1.88
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOXL
BOXL
MSS
MSS
Q4 25
$27.6M
Q3 25
$29.3M
$27.2M
Q2 25
$30.9M
$34.4M
Q1 25
$32.3M
Q4 24
$24.0M
$29.4M
Q3 24
$36.3M
$28.2M
Q2 24
$38.5M
$16.9M
Q1 24
$37.1M
$13.6M
Net Profit
BOXL
BOXL
MSS
MSS
Q4 25
$-5.0M
Q3 25
$-6.2M
$-1.5M
Q2 25
$-4.7M
$-287.4K
Q1 25
$1.0M
Q4 24
$-16.7M
$-256.0K
Q3 24
$-3.1M
$700.9K
Q2 24
$-1.5M
$-2.8M
Q1 24
$-7.1M
$-549.0K
Gross Margin
BOXL
BOXL
MSS
MSS
Q4 25
23.4%
Q3 25
29.1%
24.1%
Q2 25
35.0%
9.5%
Q1 25
21.8%
Q4 24
30.6%
26.9%
Q3 24
33.8%
28.9%
Q2 24
37.7%
13.0%
Q1 24
34.5%
23.4%
Operating Margin
BOXL
BOXL
MSS
MSS
Q4 25
-4.9%
Q3 25
-13.4%
0.7%
Q2 25
-12.7%
-15.9%
Q1 25
3.7%
Q4 24
-67.6%
3.2%
Q3 24
-2.4%
7.3%
Q2 24
3.2%
-14.4%
Q1 24
-9.7%
-2.3%
Net Margin
BOXL
BOXL
MSS
MSS
Q4 25
-18.0%
Q3 25
-21.1%
-5.7%
Q2 25
-15.3%
-0.8%
Q1 25
3.1%
Q4 24
-69.6%
-0.9%
Q3 24
-8.4%
2.5%
Q2 24
-3.8%
-16.4%
Q1 24
-19.1%
-4.0%
EPS (diluted)
BOXL
BOXL
MSS
MSS
Q4 25
$-0.23
Q3 25
$-1.88
$-0.08
Q2 25
$-1.53
$-0.02
Q1 25
$0.06
Q4 24
$-87.29
$-0.01
Q3 24
$-1.72
$0.04
Q2 24
$-0.92
$-0.16
Q1 24
$-0.76
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOXL
BOXL
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$11.8M
Total DebtLower is stronger
$36.7M
$2.6M
Stockholders' EquityBook value
$-19.5M
$11.6M
Total Assets
$99.6M
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
MSS
MSS
Q4 25
Q3 25
$11.8M
$1.1M
Q2 25
$7.6M
$775.4K
Q1 25
$445.4K
Q4 24
$8.0M
$355.7K
Q3 24
$10.5M
$588.9K
Q2 24
$7.5M
$2.1M
Q1 24
$11.8M
$9.4M
Total Debt
BOXL
BOXL
MSS
MSS
Q4 25
$2.6M
Q3 25
$36.7M
$2.6M
Q2 25
$39.0M
$2.6M
Q1 25
Q4 24
$37.1M
Q3 24
$38.8M
$2.5M
Q2 24
$40.3M
$2.6M
Q1 24
$38.5M
$2.6M
Stockholders' Equity
BOXL
BOXL
MSS
MSS
Q4 25
$11.6M
Q3 25
$-19.5M
$10.1M
Q2 25
$-20.6M
$11.7M
Q1 25
$12.0M
Q4 24
$-12.9M
$10.9M
Q3 24
$6.5M
$11.2M
Q2 24
$7.5M
$10.5M
Q1 24
$9.1M
$13.3M
Total Assets
BOXL
BOXL
MSS
MSS
Q4 25
$75.4M
Q3 25
$99.6M
$73.3M
Q2 25
$99.2M
$77.4M
Q1 25
$82.7M
Q4 24
$115.3M
$82.7M
Q3 24
$142.9M
$82.1M
Q2 24
$141.3M
$82.4M
Q1 24
$142.4M
$44.2M
Debt / Equity
BOXL
BOXL
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
5.93×
0.23×
Q2 24
5.38×
0.24×
Q1 24
4.23×
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOXL
BOXL
MSS
MSS
Operating Cash FlowLast quarter
$1.3M
$-1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOXL
BOXL
MSS
MSS
Q4 25
$-1.7M
Q3 25
$1.3M
$1.1M
Q2 25
$-1.6M
Q1 25
$1.7M
Q4 24
$1.6M
$1.1M
Q3 24
$5.2M
$3.6M
Q2 24
$-5.4M
$-2.6M
Q1 24
$-1.9M
$-1.4M
Cash Conversion
BOXL
BOXL
MSS
MSS
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOXL
BOXL

Products$27.4M93%
Services$2.0M7%

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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