Boxed, Inc.
Consumer Discretionary · Retail-Catalog & Mail-Order Houses · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | |
|---|---|---|---|
| Revenue | $177.3M | $187.2M | $174.0M |
| Operating income | −$49.0M | −$28.7M | −$65.7M |
| Net income | −$69.2M | −$34.4M | −$65.4M |
| Total assets | $231.6M | $59.7M | — |
| Total liabilities | $233.2M | $42.9M | — |
| Equity | −$1.6M | −$308.4M | −$274.9M |
| EPS (diluted) | $-5.14 | $-3.80 | $-7.19 |
| Shares out. | 15.6M | 9.4M | 9.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −27.7%
- Net margin
- −39.0%
- Return on equity
- 4393.1%
- Return on assets
- −29.9%
- Return on capital (ROCE)
- −32.6%
- Liabilities / assets
- 100.7%
- Debt / equity
- —
- Book value / share
- $-0.10
- Revenue growth (YoY)
- −5.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- -5.33distress
- Accruals / assets
- −6.8%clean
- Beneish M-Score
- 42.31elevated
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 6 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Beneish M-Score elevated — earnings-manipulation screen flag
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 17, 2023
- NT 10-Qmissed a reporting deadline ↗May 17, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Director / officer changeMay 2, 2023
- Entered a material agreementApr 11, 2023
- Delisting / listing-standard noticeApr 4, 2023
- Bankruptcy or receivership · Debt acceleration / triggering event · Regulation FD disclosure · Other material eventApr 3, 2023
- Director / officer change · Other material eventMar 31, 2023
- Delisting / listing-standard noticeMar 17, 2023
- Director / officer change · Other material eventMar 14, 2023
- Entered a material agreementMar 6, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.