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Side-by-side financial comparison of Boxlight Corp (BOXL) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $17.3M, roughly 1.7× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs -21.1%, a 88.3% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs -19.2%).

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.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

BOXL vs SLGL — Head-to-Head

Bigger by revenue
BOXL
BOXL
1.7× larger
BOXL
$29.3M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+236.9% gap
SLGL
217.7%
-19.2%
BOXL
Higher net margin
SLGL
SLGL
88.3% more per $
SLGL
67.3%
-21.1%
BOXL

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
BOXL
BOXL
SLGL
SLGL
Revenue
$29.3M
$17.3M
Net Profit
$-6.2M
$11.6M
Gross Margin
29.1%
Operating Margin
-13.4%
65.1%
Net Margin
-21.1%
67.3%
Revenue YoY
-19.2%
217.7%
Net Profit YoY
-102.0%
487.6%
EPS (diluted)
$-1.88
$4.17

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
SLGL
SLGL
Q3 25
$29.3M
Q2 25
$30.9M
$17.3M
Q4 24
$24.0M
Q3 24
$36.3M
Q2 24
$38.5M
$5.4M
Q1 24
$37.1M
Q4 23
$38.8M
Q3 23
$49.7M
Net Profit
BOXL
BOXL
SLGL
SLGL
Q3 25
$-6.2M
Q2 25
$-4.7M
$11.6M
Q4 24
$-16.7M
Q3 24
$-3.1M
Q2 24
$-1.5M
$2.0M
Q1 24
$-7.1M
Q4 23
$-17.7M
Q3 23
$-17.8M
Gross Margin
BOXL
BOXL
SLGL
SLGL
Q3 25
29.1%
Q2 25
35.0%
Q4 24
30.6%
Q3 24
33.8%
Q2 24
37.7%
Q1 24
34.5%
Q4 23
31.7%
Q3 23
36.3%
Operating Margin
BOXL
BOXL
SLGL
SLGL
Q3 25
-13.4%
Q2 25
-12.7%
65.1%
Q4 24
-67.6%
Q3 24
-2.4%
Q2 24
3.2%
29.9%
Q1 24
-9.7%
Q4 23
-42.8%
Q3 23
-23.4%
Net Margin
BOXL
BOXL
SLGL
SLGL
Q3 25
-21.1%
Q2 25
-15.3%
67.3%
Q4 24
-69.6%
Q3 24
-8.4%
Q2 24
-3.8%
36.4%
Q1 24
-19.1%
Q4 23
-45.5%
Q3 23
-35.7%
EPS (diluted)
BOXL
BOXL
SLGL
SLGL
Q3 25
$-1.88
Q2 25
$-1.53
$4.17
Q4 24
$-87.29
Q3 24
$-1.72
Q2 24
$-0.92
$0.71
Q1 24
$-0.76
Q4 23
$-19.01
Q3 23
$-1.90

Balance Sheet & Financial Strength

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

Metric
BOXL
BOXL
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$11.8M
$24.3M
Total DebtLower is stronger
$36.7M
Stockholders' EquityBook value
$-19.5M
$31.9M
Total Assets
$99.6M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
SLGL
SLGL
Q3 25
$11.8M
Q2 25
$7.6M
$24.3M
Q4 24
$8.0M
Q3 24
$10.5M
Q2 24
$7.5M
$26.5M
Q1 24
$11.8M
Q4 23
$17.3M
Q3 23
$18.4M
Total Debt
BOXL
BOXL
SLGL
SLGL
Q3 25
$36.7M
Q2 25
$39.0M
Q4 24
$37.1M
Q3 24
$38.8M
Q2 24
$40.3M
Q1 24
$38.5M
Q4 23
$40.2M
Q3 23
$44.4M
Stockholders' Equity
BOXL
BOXL
SLGL
SLGL
Q3 25
$-19.5M
Q2 25
$-20.6M
$31.9M
Q4 24
$-12.9M
Q3 24
$6.5M
Q2 24
$7.5M
$34.9M
Q1 24
$9.1M
Q4 23
$16.8M
Q3 23
$30.6M
Total Assets
BOXL
BOXL
SLGL
SLGL
Q3 25
$99.6M
Q2 25
$99.2M
$39.3M
Q4 24
$115.3M
Q3 24
$142.9M
Q2 24
$141.3M
$42.0M
Q1 24
$142.4M
Q4 23
$161.8M
Q3 23
$180.4M
Debt / Equity
BOXL
BOXL
SLGL
SLGL
Q3 25
Q2 25
Q4 24
Q3 24
5.93×
Q2 24
5.38×
Q1 24
4.23×
Q4 23
2.40×
Q3 23
1.45×

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
SLGL
SLGL
Operating Cash FlowLast quarter
$1.3M
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
SLGL
SLGL
Q3 25
$1.3M
Q2 25
Q4 24
$1.6M
Q3 24
$5.2M
Q2 24
$-5.4M
Q1 24
$-1.9M
Q4 23
$3.3M
Q3 23
$8.2M

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%

SLGL
SLGL

Segment breakdown not available.

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