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BOXLIGHT . Boxlight Reports Second Quarter 2021 Financial Results • Revenue increased by 497 % to $ 46.8 million • Customer orders increased by 986 % to $ 76.0 million • Income before tax increased by $ 1.7 million to $ 0.3 million Exhibit 99.1 • A change in UK corporation tax effective April 2023 resulted in a $ 2.2 million Deferred Tax Liability adjustment and additional income tax expense in the quarter • Net loss per common share improved by $ 0.04 to $ ( 0.04 ) ● Adjusted EBITDA improved by $ 5.4 million to $ 5.4 million • Ended quarter with $ 48.0 million of Backorders , $ 7.4 million Cash , $ 26.7 million Working Capital and $ 51.1 million Stockholders ' Equity • Expect Q3 2021 Revenue of $ 60 million , Adjusted EBITDA greater than $ 7 million and positive Net Income - Lawrenceville , GA – Business Wire - August 12 , 2021 – Boxlight Corporation ( Nasdaq : BOXL ) ( “ Boxlight " ) , a leading provider of interactive technology solutions , today announced the Company's financial results for the second quarter ended June 30 , 2021 . Key Financial Highlights for Q2 2021 as Compared to Q2 2020 • Revenues increased by 497 % to $ 46.8 million ● Customer orders increased by 986 % to $ 76.0 million • Gross profit margin was 27.5 % , as adjusted for the net effect of acquisition - related purchase accounting , increased to 29.1 % , an improvement of 16 basis points • Net loss per common share improved by $ 0.04 to $ ( 0.04 ) • Adjusted EBITDA improved by $ 5.4 million to $ 5.4 million ● Working capital improved by 575 % to $ 26.7 million • Ended the quarter with $ 48.0 million of backorders , $ 7.4 million cash and $ 51.1 million stockholders ' equity