vs

Side-by-side financial comparison of Boxlight Corp (BOXL) and USCB FINANCIAL HOLDINGS, INC. (USCB). Click either name above to swap in a different company.

Boxlight Corp is the larger business by last-quarter revenue ($29.3M vs $22.2M, roughly 1.3× USCB FINANCIAL HOLDINGS, INC.). USCB FINANCIAL HOLDINGS, INC. runs the higher net margin — 6.1% vs -21.1%, a 27.2% gap on every dollar of revenue. On growth, USCB FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (14.7% vs -19.2%). Over the past eight quarters, USCB FINANCIAL HOLDINGS, INC.'s revenue compounded faster (12.3% 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.

USCB Financial Holdings, Inc. is a U.S.-headquartered bank holding company that offers comprehensive retail and commercial banking services, including deposit products, personal and business loans, wealth management, and digital banking tools. It primarily serves individual consumers, small and medium-sized enterprises, and local corporate clients across its operating regions in the United States, prioritizing personalized customer experiences and community-oriented financial services.

BOXL vs USCB — Head-to-Head

Bigger by revenue
BOXL
BOXL
1.3× larger
BOXL
$29.3M
$22.2M
USCB
Growing faster (revenue YoY)
USCB
USCB
+33.9% gap
USCB
14.7%
-19.2%
BOXL
Higher net margin
USCB
USCB
27.2% more per $
USCB
6.1%
-21.1%
BOXL
Faster 2-yr revenue CAGR
USCB
USCB
Annualised
USCB
12.3%
-23.1%
BOXL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BOXL
BOXL
USCB
USCB
Revenue
$29.3M
$22.2M
Net Profit
$-6.2M
$1.4M
Gross Margin
29.1%
Operating Margin
-13.4%
14.7%
Net Margin
-21.1%
6.1%
Revenue YoY
-19.2%
14.7%
Net Profit YoY
-102.0%
-80.3%
EPS (diluted)
$-1.88

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
USCB
USCB
Q4 25
$22.2M
Q3 25
$29.3M
$25.0M
Q2 25
$30.9M
$24.4M
Q1 25
$22.8M
Q4 24
$24.0M
$23.0M
Q3 24
$36.3M
$21.5M
Q2 24
$38.5M
$20.5M
Q1 24
$37.1M
$17.6M
Net Profit
BOXL
BOXL
USCB
USCB
Q4 25
$1.4M
Q3 25
$-6.2M
$8.9M
Q2 25
$-4.7M
$8.1M
Q1 25
$7.7M
Q4 24
$-16.7M
$6.9M
Q3 24
$-3.1M
$6.9M
Q2 24
$-1.5M
$6.2M
Q1 24
$-7.1M
$4.6M
Gross Margin
BOXL
BOXL
USCB
USCB
Q4 25
Q3 25
29.1%
Q2 25
35.0%
Q1 25
Q4 24
30.6%
Q3 24
33.8%
Q2 24
37.7%
Q1 24
34.5%
Operating Margin
BOXL
BOXL
USCB
USCB
Q4 25
14.7%
Q3 25
-13.4%
47.3%
Q2 25
-12.7%
44.0%
Q1 25
44.2%
Q4 24
-67.6%
39.6%
Q3 24
-2.4%
42.5%
Q2 24
3.2%
39.8%
Q1 24
-9.7%
34.3%
Net Margin
BOXL
BOXL
USCB
USCB
Q4 25
6.1%
Q3 25
-21.1%
35.8%
Q2 25
-15.3%
33.4%
Q1 25
33.5%
Q4 24
-69.6%
30.0%
Q3 24
-8.4%
32.3%
Q2 24
-3.8%
30.3%
Q1 24
-19.1%
26.2%
EPS (diluted)
BOXL
BOXL
USCB
USCB
Q4 25
Q3 25
$-1.88
$0.45
Q2 25
$-1.53
Q1 25
Q4 24
$-87.29
Q3 24
$-1.72
$0.35
Q2 24
$-0.92
Q1 24
$-0.76

Balance Sheet & Financial Strength

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

Metric
BOXL
BOXL
USCB
USCB
Cash + ST InvestmentsLiquidity on hand
$11.8M
$38.5M
Total DebtLower is stronger
$36.7M
Stockholders' EquityBook value
$-19.5M
$217.2M
Total Assets
$99.6M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOXL
BOXL
USCB
USCB
Q4 25
$38.5M
Q3 25
$11.8M
$56.8M
Q2 25
$7.6M
$54.8M
Q1 25
$98.0M
Q4 24
$8.0M
$77.0M
Q3 24
$10.5M
$38.5M
Q2 24
$7.5M
$77.3M
Q1 24
$11.8M
$126.5M
Total Debt
BOXL
BOXL
USCB
USCB
Q4 25
Q3 25
$36.7M
Q2 25
$39.0M
Q1 25
Q4 24
$37.1M
Q3 24
$38.8M
Q2 24
$40.3M
Q1 24
$38.5M
Stockholders' Equity
BOXL
BOXL
USCB
USCB
Q4 25
$217.2M
Q3 25
$-19.5M
$209.1M
Q2 25
$-20.6M
$231.6M
Q1 25
$225.1M
Q4 24
$-12.9M
$215.4M
Q3 24
$6.5M
$213.9M
Q2 24
$7.5M
$201.0M
Q1 24
$9.1M
$195.0M
Total Assets
BOXL
BOXL
USCB
USCB
Q4 25
$2.8B
Q3 25
$99.6M
$2.8B
Q2 25
$99.2M
$2.7B
Q1 25
$2.7B
Q4 24
$115.3M
$2.6B
Q3 24
$142.9M
$2.5B
Q2 24
$141.3M
$2.5B
Q1 24
$142.4M
$2.5B
Debt / Equity
BOXL
BOXL
USCB
USCB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
5.93×
Q2 24
5.38×
Q1 24
4.23×

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
USCB
USCB
Operating Cash FlowLast quarter
$1.3M
$42.8M
Free Cash FlowOCF − Capex
$42.5M
FCF MarginFCF / Revenue
191.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
31.40×
TTM Free Cash FlowTrailing 4 quarters
$95.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOXL
BOXL
USCB
USCB
Q4 25
$42.8M
Q3 25
$1.3M
$20.1M
Q2 25
$18.0M
Q1 25
$14.6M
Q4 24
$1.6M
$34.8M
Q3 24
$5.2M
$11.3M
Q2 24
$-5.4M
$18.3M
Q1 24
$-1.9M
$8.1M
Free Cash Flow
BOXL
BOXL
USCB
USCB
Q4 25
$42.5M
Q3 25
$20.0M
Q2 25
$18.0M
Q1 25
$14.6M
Q4 24
$34.5M
Q3 24
$11.2M
Q2 24
$18.2M
Q1 24
$8.0M
FCF Margin
BOXL
BOXL
USCB
USCB
Q4 25
191.4%
Q3 25
80.3%
Q2 25
73.7%
Q1 25
63.9%
Q4 24
150.2%
Q3 24
52.2%
Q2 24
88.8%
Q1 24
45.4%
Capex Intensity
BOXL
BOXL
USCB
USCB
Q4 25
1.4%
Q3 25
0.5%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
1.4%
Q3 24
0.4%
Q2 24
0.4%
Q1 24
0.5%
Cash Conversion
BOXL
BOXL
USCB
USCB
Q4 25
31.40×
Q3 25
2.25×
Q2 25
2.22×
Q1 25
1.91×
Q4 24
5.05×
Q3 24
1.63×
Q2 24
2.95×
Q1 24
1.75×

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%

USCB
USCB

Segment breakdown not available.

Related Comparisons