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BOXLIGHT . Boxlight Reports Third Quarter 2021 Financial Results • Revenue increased by 544 % to $ 61.0 million Customer orders increased by 756 % to $ 51.0 million • Income before tax increased by $ 6.3 million to $ 2.1 million • Net income per common share improved by $ 0.11 to $ 0.01 • • Adjusted EBITDA improved by $ 8.0 million to $ 7.2 million Expect Q4 2021 Revenue of $ 40 million and Adjusted EBITDA greater than $ 2 million Exhibit 99.1 • Anticipate Full Year 2021 Revenue of $ 181 million and $ 16 million Adjusted EBITDA Lawrenceville , GA - Business Wire - November 10 , 2021 - Boxlight Corporation ( Nasdaq : BOXL ) ( “ Boxlight ” ) , a leading provider of interactive technology solutions , today announced the Company's financial results for the third quarter ended September 30 , 2021 . Key Financial Highlights for Q3 2021 as Compared to Q3 2020 • Revenues increased by 544 % to $ 61.0 million Customer orders increased by 756 % to $ 51.1 million Gross profit margin was 25.9 % , an improvement of 45 basis points ; Adjusted for the net effect of acquisition - related purchase accounting , increased to 27.1 % , an improvement of 37 basis points on prior year Net Income improved by $ 4.9 million to $ 0.7 million • • Net income per common share improved by $ 0.11 to $ 0.01 • Working capital improved by 52.4 % to $ 32.0 million • Adjusted EBITDA improved by $ 8.0 million to $ 7.2 million Ended the quarter with $ 33.1 million of backorders , $ 6.2 million cash and $ 54.9 million stockholders ' equity