- Accretive purchase of UK-based Sahara Presentation Systems quadruples sales and provides Boxlight a strong entry into Europe.
- Acquisition terms appear fair. Expect substantial improvements in both profitability and cash flow.
- While COVID-19 is likely going to have a negative short-term impact, ongoing changes in working- and learning environments could provide increased demand for relevant solutions like its "Zoom Rooms Bundle".
- Execution risks mitigated with Sahara management staying in place and key employees awarded substantial equity incentives.
- Speculative investors should consider buying Boxlight at current levels. Another momentum stampede on the heels of the added Zoom product offerings could easily lift the shares above the $2 level in no time.
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Boxlight: Speculative Buy After Transformative Acquisition Of Sahara Presentation Systems