Login

r/BXBL

▲ 6 r/BXBL+1 crossposts

What I’m looking for next from BOXABL

Now that BOXABL is public, I think the investment question is becoming much simpler:

Can BOXABL convert roughly $230M of historical investor capital, two factories, its patents/designs, regulatory progress and enormous brand recognition into a manufacturing operation that generates meaningful recurring revenue before it needs substantial additional capital?

The upcoming 10-Q should help answer that. I’m primarily looking for revenue growth, actual deliveries, production throughput, cash burn and how much additional capital may be required to scale.

I also think an important part of the original BOXABL thesis has been lost over the years. The Casita was never really supposed to be the end state. It was the demonstration of the manufacturing system and technology. The bigger opportunity was always using standardized components and factory production to build many types of housing at scale.

That’s why I’m interested in the broader product platform we’re starting to see. If BOXABL can prove the manufacturing system works beyond the Casita, the opportunity becomes much larger.
The new M&A strategy is also worth watching. Public stock gives BOXABL another way to acquire manufacturing, distribution, installation, land or technology. Done well, that could accelerate the strategy. Done poorly, it could simply create dilution.

I’m optimistic, but at this stage I want the numbers to start validating the story. The next few quarters should tell us a lot.

reddit.com
u/GreatWhiteHunter1012 — 2 days ago
▲ 12 r/BXBL+1 crossposts

10,000 years of building homes by hand. Then a factory in North Las Vegas.

Humans have built homes the same way for thousands of years: piece by piece, on site, in the weather. Cars, planes, and computers all moved to the assembly line more than a century ago. Houses never did.

That's what makes the Boxabl factory different. Homes are built on a production line, folded, shipped on a single trailer, and unfolded on site in about an hour.

This short film puts it in perspective, from mud brick to Rome to Levittown to the factory floor today. Sound on.

What would you want to see come off the line next?

u/OracleOmaha — 11 days ago
▲ 7 r/BXBL

BOXABL cleared Texas in May, then booked a 203-unit order there five weeks later

Two announcements from earlier this year that read differently when you put them side by side.

On May 26, BOXABL announced it had received state-level regulatory approval to sell and install in Texas. On June 4, it announced its first Phase 2 order: 203 boxes for Shelton Development, in Texas.

The sequence is worth noting because state approval is the gating item in this business. BOXABL builds in one Las Vegas factory and ships out from there, and every state runs its own modular program with its own approval process. The company currently lists 12 states approved, and Texas is the largest of the recent additions.

The Shelton order is also the first announced order against the Phase 2 product line, which BOXABL launched on June 2 with a beta online catalog and configurator on its developer page covering more than 20 home models plus apartment configurations.

For scale on the base: the company reports more than 800 homes built to date, deployed across Nevada, California, Utah, Oklahoma and Hawaii.

All of the above comes from BOXABL press releases and its IR page.

This is sponsored content. RetailVolts was compensated by BOXABL Inc. in connection with this content. This communication is for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. All figures are drawn from BOXABL public disclosures and SEC filings.

u/CanadianDoc2019 — 13 days ago