SuperCom Overview
SuperCom offers solutions for traditional and biometric identity verification, asset tracking, digital monitoring, secure communication, POS systems, and more. With applications in government, homeland security, healthcare, transportation, and retail, SuperCom products manage and protect a vast array of critical infrastructure, data, connectivity, access systems, financial payments, smart devices, cloud-based software, and physical security. SuperComs multi-ID documents (including passports and drivers licenses) and robust digital identity solutions have been developed to meet the needs of governments, public organizations, and private business. In addition to electronic government platforms, biometric enrollment, and border control services, the company also offers real-time location, tracking, monitoring, and verification solutions with its PureRF wireless hybrid suite.
Cumulative Funding Raised Over Time ($)
$2.9MApr 2024
$9.9MFeb 2021
$14.6MFeb 2022
$20.6MFeb 2025
$25.6MJun 2021
$28.0MMar 2023
$48.0MNov 2018
Latest News
growth-positive
SuperCom Ltd.'s (NASDAQ:SPCB) Stock Is Going Strong: Have Financials A Role To Play?
SuperCom has experienced a significant 22% increase in its stock price over the last three months. The article focuses on the companys Return on Equity (ROE), which stands at 8.1%, slightly below the industry average of 9.7%. Despite this, SuperComs net income has grown by 45% over the past five years, suggesting other factors such as strategic management decisions or a low payout ratio may be contributing to its growth. The article highlights the potential for continued growth, given the companys efficient profit generation and reinvestment strategies.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today it has...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a second sheriffs agency in Utah. This contract displaces an incumbent vendor and signifies SuperComs continued expansion in the U.S. market. The agency chose SuperComs PureSecurity™ Suite for its advanced capabilities and proven performance. This win is part of a broader trend where public safety agencies are opting for SuperComs modern solutions over outdated systems. The company is experiencing growing demand from sheriff departments and community supervision agencies across the country, reinforcing its position as a leader in public safety technology.
Customers
growth-positive
SuperCom Expands Utah Presence with Second New Contract Win This Year
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a second sheriffs agency in Utah. This contract involves the use of SuperComs PureSecurity™ Suite, replacing the incumbent vendors system. The win signifies SuperComs continued expansion in Utah and reflects a broader trend in the U.S. where agencies are opting for SuperComs advanced technology over legacy systems. The companys solutions are gaining traction across the country, with recent engagements in Utah, Kentucky, and Virginia, as well as a $7 million project in Germany. SuperComs technology is recognized for its field performance, mobile capabilities, and scalable infrastructure.
growth-positive
SuperCom Secures 2nd New Contract in Virginia this Year, Displacing Incumbent Vendor
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, announced a new electronic monitoring contract with a service provider in Virginia. This marks their second reseller partnership in the state since May 2025 and their 12th across the U.S. since mid-2024. The Virginia provider will transition its GPS monitoring programs to SuperComs PureSecurity™ platform. This expansion reflects growing trust in SuperComs technology, which has also led to a $7 million contract in Germany. SuperComs continued success in replacing outdated systems with next-generation solutions is enhancing public safety and modernizing operations across Europe and the U.S.
PartnersCustomers
growth-negative
Pulling back 11% this week, SuperCom's NASDAQ:SPCB) one-year decline in earnings may be coming into investors focus
SuperCom Ltd. (NASDAQ:SPCB) experienced an 11% drop in share price over the past week, despite an impressive 209% increase over the last year. This discrepancy suggests that the market may be valuing factors beyond earnings per share (EPS), which actually declined by 44% over the same period. Revenue remained stable, indicating that other elements are influencing investor sentiment. The article highlights the potential for AI to revolutionize healthcare, with many companies under $10 billion in market cap poised for growth. SuperComs long-term performance has improved, but recent warning signs in investment analysis suggest caution. Overall, the article presents a mixed outlook for SuperCom, with recent gains overshadowed by underlying concerns.
| Sector | Cyber Security |
Funding
| Total funding | $57M |
| Last funding | $6M |
| Stage | Public |
| Rounds | 8 |
| Investors | 2 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.supercom.com |
| Careers | Careers page |
Locations
Beit Rubinstein, Lincoln St 20, Tel Aviv-Yafo, 6713412, Israel
200 Park Avenue South, NY, 10003, USA
Photos & Videos
2 item(s)
SuperCom Business
Business models
B2B, B2G
Product stage
Released
Employees
51-200
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsSecurity & Surveillance IntegrationCyber SecurityIdentity SecurityTarget Customer
Defense, Safety & SecuritySecurityLaw EnforcementHomeland SecurityNational SecurityCivilGovernment & CityGovernmentIndustrial ManufacturingProcess IndustriesCementHealthcare & Life SciencesHealthcareProvidersCore Technology
CommunicationsRFIDCryptographyEncryptionPlatforms & InterfacesSoftwareArtificial IntelligenceTags (15)
cryptographyauthenticationcyber-securityrfidsecuritymobile-applicationsgovernmenthomeland-securitytrackinglaw-enforcementmobile-securityidentity-verificationbiometricsiotborder-securityGeographic Markets
GlobalSuperCom Financials
$57M
Total funding
Undisclosed
Capital raised
$6M
Last funding
Public
Funding stage
8
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$2.9MApr 2024
$9.9MFeb 2021
$14.6MFeb 2022
$20.6MFeb 2025
$25.6MJun 2021
$28.0MMar 2023
$48.0MNov 2018
Private Equity Funding
PIPE
Feb 2025
$6M
PIPE
Apr 2024
$2.9M
Undisclosed Investor(s)
PIPE
Mar 2023
$2.4M
Undisclosed Investor(s)
PIPE
Feb 2022
$4.7M
Undisclosed Investor(s)
Convertible Debt
Jun 2021
$5M
Undisclosed Investor(s)
Convertible Debt
Feb 2021
$7M
Undisclosed Investor(s)
Debt Financing
Nov 2018
$20M
Fortress Investment Group LLC (Lead)
Public Offering / Exit
POEvent
Jun 2015
Undisclosed
Mergers & Acquisitions
MNAEvent
May 2016
$2M
MNAEvent
Apr 2016
Undisclosed
MNAEvent
Mar 2016
Undisclosed
SuperCom Lifecycle
Cumulative Funding Raised Over Time
$2.9MApr 2024
$9.9MFeb 2021
$14.6MFeb 2022
$20.6MFeb 2025
$25.6MJun 2021
$28.0MMar 2023
$48.0MNov 2018
All Events
PIPE
Feb 2025
$6M
PIPE
Apr 2024
$2.9M
Undisclosed Investor(s)
PIPE
Mar 2023
$2.4M
Undisclosed Investor(s)
PIPE
Feb 2022
$4.7M
Undisclosed Investor(s)
Convertible Debt
Jun 2021
$5M
Undisclosed Investor(s)
Convertible Debt
Feb 2021
$7M
Undisclosed Investor(s)
Debt Financing
Nov 2018
$20M
Fortress Investment Group LLC (Lead)
POEvent
Jun 2015
Undisclosed
MNAEvent
May 2016
$2M
MNAEvent
Apr 2016
Undisclosed
MNAEvent
Mar 2016
Undisclosed
SuperCom News
189 articles
growth-positive
SuperCom Ltd.'s (NASDAQ:SPCB) Stock Is Going Strong: Have Financials A Role To Play?
SuperCom has experienced a significant 22% increase in its stock price over the last three months. The article focuses on the companys Return on Equity (ROE), which stands at 8.1%, slightly below the industry average of 9.7%. Despite this, SuperComs net income has grown by 45% over the past five years, suggesting other factors such as strategic management decisions or a low payout ratio may be contributing to its growth. The article highlights the potential for continued growth, given the companys efficient profit generation and reinvestment strategies.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today it has...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a second sheriffs agency in Utah. This contract displaces an incumbent vendor and signifies SuperComs continued expansion in the U.S. market. The agency chose SuperComs PureSecurity™ Suite for its advanced capabilities and proven performance. This win is part of a broader trend where public safety agencies are opting for SuperComs modern solutions over outdated systems. The company is experiencing growing demand from sheriff departments and community supervision agencies across the country, reinforcing its position as a leader in public safety technology.
Customers
growth-positive
SuperCom Expands Utah Presence with Second New Contract Win This Year
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a second sheriffs agency in Utah. This contract involves the use of SuperComs PureSecurity™ Suite, replacing the incumbent vendors system. The win signifies SuperComs continued expansion in Utah and reflects a broader trend in the U.S. where agencies are opting for SuperComs advanced technology over legacy systems. The companys solutions are gaining traction across the country, with recent engagements in Utah, Kentucky, and Virginia, as well as a $7 million project in Germany. SuperComs technology is recognized for its field performance, mobile capabilities, and scalable infrastructure.
growth-positive
SuperCom Secures 2nd New Contract in Virginia this Year, Displacing Incumbent Vendor
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, announced a new electronic monitoring contract with a service provider in Virginia. This marks their second reseller partnership in the state since May 2025 and their 12th across the U.S. since mid-2024. The Virginia provider will transition its GPS monitoring programs to SuperComs PureSecurity™ platform. This expansion reflects growing trust in SuperComs technology, which has also led to a $7 million contract in Germany. SuperComs continued success in replacing outdated systems with next-generation solutions is enhancing public safety and modernizing operations across Europe and the U.S.
PartnersCustomers
growth-negative
Pulling back 11% this week, SuperCom's NASDAQ:SPCB) one-year decline in earnings may be coming into investors focus
SuperCom Ltd. (NASDAQ:SPCB) experienced an 11% drop in share price over the past week, despite an impressive 209% increase over the last year. This discrepancy suggests that the market may be valuing factors beyond earnings per share (EPS), which actually declined by 44% over the same period. Revenue remained stable, indicating that other elements are influencing investor sentiment. The article highlights the potential for AI to revolutionize healthcare, with many companies under $10 billion in market cap poised for growth. SuperComs long-term performance has improved, but recent warning signs in investment analysis suggest caution. Overall, the article presents a mixed outlook for SuperCom, with recent gains overshadowed by underlying concerns.
growth-positive
Q3 Virtual Investor Summit: On-Demand Presentations Now Available
SuperCom Ltd., a technology company, has experienced significant growth since mid-2024 by securing over 30 new contracts across the USA and forming 9 new partnerships with regional service providers. This expansion includes entry into 11 new states, indicating a strong growth trajectory. The company is poised to continue its expansion and capitalize on new market opportunities. The article highlights the companys strategic partnerships and contract acquisitions as key drivers of its recent success.
Partners
growth-positive
SuperCom Awarded $7 Million National Electronic Monitoring Contract in Germany
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has been awarded a national electronic monitoring (EM) contract in Germany. This strategic win displaces a technology provider that has been in place for over 20 years, marking a significant shift in the German electronic monitoring market. The contract, valued at an estimated $7 million over four years, will see SuperCom deploy its PureSecurity Electronic Monitoring Suite to support various public safety programs. This achievement is part of SuperComs broader international momentum, with numerous national EM project wins across Europe and the U.S. The company views this as a strategic milestone that validates its technology and execution capabilities globally.
Customers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to...
SuperCom, a global provider of secured solutions, has been awarded the national electronic monitoring (EM) contract in Germany. This strategic win displaces a technology provider that has been in place for over 20 years, marking SuperComs ninth national selection for its domestic violence solution. The contract, valued at an estimated $7 million over four years, involves deploying SuperComs PureSecurity Electronic Monitoring Suite for various public safety programs. This achievement is seen as a validation of SuperComs technology and execution capabilities, and it builds on their international momentum with numerous project wins across Europe and the U.S. The company anticipates further opportunities in Germany as needs evolve.
Customers
growth-positive
Why Is SuperCom Stock Soaring Monday?
SuperCom Ltd has secured a national electronic monitoring contract in Germany, which will involve deploying its PureSecurity Electronic Monitoring suite. This contract, valued at approximately $7 million over four years, marks a significant win for SuperCom, replacing a supplier that had been in place for over two decades. The companys technology, which includes GPS and RF tracking, is designed to support public safety programs such as domestic violence monitoring and offender tracking. This contract is part of SuperComs broader international expansion, with numerous project wins across Europe and the U.S. The announcement led to a 10.64% increase in SuperComs stock price.
growth-positive
SuperCom Wins New Project in Wisconsin, Expanding U.S. Presence into 12th New State
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has announced significant expansion in the U.S. market. Since August 2024, the company has signed over 30 new contracts and formed 11 new reseller partnerships, expanding into 12 states. A recent project win involves deploying its PureSecurity EM technology with a sheriffs department in Wisconsin, marking its entry into the state. The project will use a recurring revenue model and is part of a broader trend of agencies upgrading to modern electronic monitoring systems. SuperComs expansion is supported by its superior technology and successful track record, contributing to its leadership in the U.S. electronic monitoring market.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that,...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has announced a significant expansion in the U.S. market. Since August 2024, the company has signed over 30 new contracts and established 11 new reseller partnerships, expanding into 12 states. A notable project includes deploying its PureSecurity EM technology with a sheriffs department in Wisconsin, marking its entry into the state. This expansion is part of SuperComs strategic plan to modernize public safety infrastructure across North America. The company has seen record net income and expanded gross margins, reinforcing its leadership in the electronic monitoring market. The recurring revenue model from these contracts is expected to contribute to long-term growth.
CustomersPartners
growth-positive
Presenting at the Investor Summit Q3 2025 on September 16; Watch the Live Stream for Free
The Investor Summit Group is hosting its Q3 Investor Summit Virtual on September 16, 2025. This event is designed to enhance visibility for issuers and efficiency for investors by showcasing companies with strong leadership and innovative products. The summit serves as a platform for connecting quality companies with serious investors. The event features a schedule of presentations from various companies across different sectors, providing an opportunity for these companies to present their growth strategies and innovations to potential investors. The summit is a significant opportunity for companies to gain exposure and for investors to discover promising investment opportunities.
growth-positive
Ordan Trabelsi, President & CEO of SuperCom Ltd., to Present at Investor Summit Virtual on September 16, 2025
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO, Ordan Trabelsi, will present at the Investor Summit Virtual on September 16, 2025. The presentation will focus on SuperComs recent milestones and strategic initiatives as the company continues its global expansion. The Investor Summit is a virtual event for investors specializing in small and microcap stocks, emphasizing undervalued MicroCap companies with strong growth catalysts. SuperCom offers advanced safety, identification, and security solutions to governments and organizations worldwide, with a focus on digital identity solutions and RFID & mobile technology.
growth-positive
SuperCom Secures New Electronic Monitoring Contract in Alabama, Expanding State Footprint
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has secured a new electronic monitoring contract with a community corrections agency in Alabama. This marks the companys second agency win in Alabama this year, reflecting strong customer satisfaction and technology performance. The contract involves deploying SuperComs PureSecurity™ Suite, including the PureOne™ GPS solution, under a recurring revenue model. The deal highlights SuperComs growing reputation and successful U.S. expansion strategy, having secured over 30 new contracts and entered 11 new states since mid-2024. The company reported strong financial results, including a record first-half net income of $5.3 million and a 61.2% gross margin.
CustomersProduct Stage
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today it has...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a community corrections agency in Alabama. This marks the companys second agency win in Alabama this year, reflecting strong customer satisfaction and technology performance. The contract involves the deployment of SuperComs PureSecurity™ Suite and follows a recurring revenue model. The companys expansion strategy in the U.S. has been successful, with over 30 new contracts secured and entry into 11 new states since mid-2024. SuperComs financial performance is strong, with a record first-half net income of $5.3 million and a 61.2% gross margin.
CustomersPartners
growth-positive
SuperCom Ltd (SPCB) Q2 2025 Earnings Call Highlights: Record Net Income and Strategic Expansion ...
SuperCom Ltd reported a significant increase in operating income, nearly tripling to $1.1 million, and achieved a record first half GAAP net income of $5.3 million, marking an approximate 80% increase from the prior year. The company expanded its gross margin to 59.1%, indicating improved profitability. SuperCom secured over 70 multi-year government projects since 2018 and has a high win rate of over 65% in competitive RFPs in Europe. Despite a slight decrease in Q2 2025 revenue compared to Q2 2024, the company sees growth opportunities in both Europe and the fragmented US market, with a focus on public safety solutions in Israel alongside partner Electro Security.
CustomersPartners
growth-positive
SuperCom Reports Record Net Income of $5.3 Million and Non-GAAP EPS of $1.84 for First Half 2025
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, reported strong financial results for the first half and second quarter of 2025. The company achieved significant growth in gross profit, operating income, and EBITDA, reflecting its robust market position. SuperCom secured over 30 new electronic monitoring contracts across the U.S., entered 11 new states, and formed 9 new partnerships with regional service providers. Notable contracts include a statewide technology procurement contract in North Carolina and a national EM contract with the Israel Prison Service. These developments highlight SuperComs expanding market presence and its ability to displace incumbents with its advanced technology solutions.
CustomersPartners
growth-positive
SuperCom: Q2 Earnings Snapshot
SuperCom Ltd., a company based in Tel Aviv, Israel, reported a profit of $1.1 million for its second quarter. The earnings per share were 25 cents, and when adjusted for non-recurring and amortization costs, the earnings were 49 cents per share. The company, which specializes in traditional and digital identity solutions, generated a revenue of $7.1 million during this period. The financial results indicate a positive growth trajectory for the company.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported strong financial results for the first half of 2025. The company achieved a revenue of $14.2 million with a gross margin of 61.2%, and a net income increase of 79.5% compared to the previous year. SuperCom secured over 30 new electronic monitoring contracts across the United States, entered 11 new states, and formed 9 new partnerships with regional service providers. The company also expanded its operations in Europe and the U.S., demonstrating its ability to displace incumbents with its PureSecurity™ technology. These achievements reflect strong market demand and the companys growing presence in the electronic monitoring market.
CustomersPartners
neutral
SuperCom to Report Second Quarter 2025 Financial Results on August 14, 2025
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on August 14, 2025, to discuss its financial results for the second quarter ended June 30, 2025. The company provides advanced safety, identification, and security solutions to governments and organizations worldwide. SuperComs offerings include a comprehensive suite of RFID and mobile technology products and services for various industries, including healthcare, security, and law enforcement. The conference call will be hosted by SuperCom management and will include a question-and-answer period.
growth-neutral
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on August 14, 2025, to discuss its financial results for the second quarter ended June 30, 2025. The call will be hosted by SuperCom management and will include a question-and-answer period. SuperCom has been providing traditional and digital identity solutions since 1988, offering advanced safety, identification, and security solutions to governments and organizations worldwide. The company specializes in RFID and mobile technology, serving various industries including healthcare, security, and law enforcement.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has announced a new electronic monitoring (EM) contract with a service provider in Tennessee. This marks the companys entry into its 11th new U.S. state since mid-2024, highlighting its rapid expansion in the North American public safety market. The Tennessee provider will transition its existing GPS programs to SuperComs PureSecurity platform and launch domestic violence programs. The agreement will follow a recurring revenue model, enhancing SuperComs footprint and impact in the U.S. EM market. The companys strategic expansion plan has resulted in over 20 new contracts and 10 new service provider agreements in under a year.
CustomersPartners
growth-positive
SuperCom Secures New Contract in Tennessee, Expanding U.S. Presence into 11th New U.S. State in Less Than a Year
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring (EM) contract in Tennessee, marking its entry into the 11th new U.S. state since mid-2024. This expansion is part of SuperComs strategic plan to grow its presence in the North American public safety market. The Tennessee-based service provider chose SuperComs PureSecurity EM technology for its tracking precision and system reliability. The contract follows a recurring revenue model, enhancing SuperComs revenue base. This development is part of a broader trend of U.S. agencies upgrading to SuperComs advanced EM technology to improve public safety and efficiency.
CustomersPartners
growth-positive
SuperCom subsidiary awarded $2.5M contract in Northern California
SuperComs subsidiary, Leaders in Community Alternatives (LCA), has secured a new contract in Northern California to provide reentry services for justice-involved individuals. The contract, valued at up to $2.5 million over five years, includes a three-year initial term with two optional one-year extensions. This contract was awarded following a competitive bid, highlighting the countys trust in LCAs services aimed at reducing recidivism and enhancing community safety. The services include case management, employment support, and behavioral health referrals, promoting stability and long-term success for participants.
Customers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that its...
SuperCom, a global provider of secure solutions, announced that its subsidiary, Leaders in Community Alternatives (LCA), has secured a new contract in Northern California valued at up to $2.5 million over five years. This contract, awarded through a competitive bid, involves providing reentry services to justice-involved individuals as an alternative to incarceration. The services include case management, employment support, and behavioral health referrals. This contract win reinforces SuperComs position in the U.S. public safety market and highlights its ability to deliver high-quality services that reduce recidivism. The company has been expanding its presence, securing over 20 direct contracts and signing 9 new service provider agreements.
growth-positive
SuperCom Wins New Contract Valued at up to $2.5 million in North California
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract through its subsidiary, Leaders in Community Alternatives (LCA), in Northern California. The contract, valued at up to $2.5 million over five years, involves providing reentry services to justice-involved individuals. This win reinforces SuperComs position in the U.S. public safety market and highlights its reputation for delivering high-quality services that reduce recidivism. The contract is expected to generate approximately $500,000 in annual recurring revenue, further solidifying SuperComs presence in California and across the nation.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, has secured a new partnership with a Southeast-based service provider. This collaboration will introduce SuperComs electronic monitoring technology into Florida and Mississippi, facilitating the companys expansion into additional U.S. states. The partnership is expected to accelerate SuperComs nationwide growth by leveraging the providers established regional presence and relationships with local agencies. This marks SuperComs ninth new service provider partnership since mid-2024, further validating its technology and market strategy. The partnership aims to enhance public safety by improving court-ordered supervision and compliance monitoring.
Partners
growth-positive
SuperCom Signs New Contract with Southeastern Electronic Monitoring Service Provider to Boost U.S. Market Expansion
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new partnership with a Southeast-based service provider. This collaboration will introduce SuperComs electronic monitoring technology into Florida and Mississippi, marking the companys ninth new service provider partnership since mid-2024. The partnership is expected to accelerate SuperComs expansion across the U.S. by leveraging the providers established presence and relationships with local agencies. SuperComs technology was selected for its innovative design and effectiveness in enhancing public safety and managing court-ordered supervision.
Partners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has been awarded a statewide technology procurement contract by the North Carolina Sheriffs Association. This contract allows all counties in North Carolina to contract directly with SuperCom on preset terms, facilitating efficient expansion within the state. The contract includes multiple solutions from SuperComs Pure Security suite, such as PureOne, PureTrack, and PureShield. This strategic win is a testament to SuperComs rapid expansion across the North American public safety market. The company plans to present its technology at a large conference of the North Carolina Sheriffs Association, aiming to expand its presence as a valuable provider of electronic monitoring technology.
CustomersPartners
growth-positive
SuperCom Awarded North Carolina Sheriff's Association Technology Procurement Contract
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has won a statewide technology procurement contract from the North Carolina Sheriffs Association. This contract allows all counties in North Carolina to directly contract with SuperCom for electronic monitoring technology, facilitating efficient expansion within the state. The contract includes SuperComs Pure Security suite solutions, such as PureOne, PureTrack, and PureShield. This win is a significant milestone in SuperComs expansion across the U.S. public safety market, providing a recurring revenue model. The company plans to present its technology at a large conference this summer, further solidifying its presence in the U.S. market.
CustomersPartners
growth-positive
SuperCom Secures New Contract in Nebraska, Expanding U.S. Presence into 10th New U.S. State in Less Than a Year
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has announced a new electronic monitoring contract with a service provider in Nebraska. This marks SuperComs entry into its 10th new U.S. state since mid-2024, highlighting its rapid expansion in the North American public safety market. The Nebraska provider will transition its existing GPS programs to SuperComs PureSecurity platform, citing advantages like tracking precision and system reliability. The contract follows a recurring revenue model, billed monthly. SuperComs President and CEO, Ordan Trabelsi, noted the companys momentum and recent financial success, including $4.2 million in net income for Q1 2025. The company has secured over 20 new contracts in the U.S. in under a year.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has announced a new electronic monitoring contract with a Nebraska-based service provider. This marks SuperComs entry into its 10th new U.S. state since mid-2024, highlighting its rapid expansion in the North American public safety market. The Nebraska provider will transition its GPS programs to SuperComs PureSecurity platform, citing its tracking precision and system reliability. The contract follows a recurring revenue model, billed monthly. SuperComs expansion is supported by over 20 new contracts in under a year and record Q1 2025 financial results. The company continues to gain traction globally, with numerous projects enhancing public safety efforts.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a Virginia-based service provider. This marks SuperComs entry into its ninth new U.S. state since mid-2024, further expanding its footprint in North America. The Virginia provider, experienced in electronic monitoring, chose SuperCom after evaluating its solutions, displacing the incumbent vendor. SuperCom will serve as the primary technology partner, supporting current operations and future expansion. This contract aligns with SuperComs U.S. expansion strategy and demonstrates demand for its GPS monitoring technology. The company recently reported strong financial results, with a quarterly net income of $4.2 million and gross margins of 63.3%.
CustomersPartners
growth-positive
Sidoti Events, LLC's Virtual May Micro-Cap Conference
Sidoti & Company, LLC, through its affiliate Sidoti Events, LLC, is hosting a two-day May Micro-Cap Conference on May 21-22, 2025. The conference will feature presentations from various small and micro-cap companies, providing a platform for these companies to interact with investors. Sidoti Events benefits from Sidotis extensive experience and connections in the small and micro-cap sector, offering corporate access through eight investor conferences annually. The event aims to facilitate meaningful interactions between issuers and investors, leveraging Sidotis established relationships with 2,500 institutional investors in North America.
growth-positive
SuperCom Secures New Contract in Virginia, Rapid U.S. Expansion Continues
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract in Virginia, marking its ninth new U.S. state entry since mid-2024. This expansion is part of SuperComs strategy to increase its national footprint and displace incumbent vendors. The company will deploy its PureSecurity Electronic Monitoring technology, transitioning the providers current GPS electronic monitoring program to SuperComs PureOne™ GPS tracking technology. This move reinforces SuperComs growth momentum in North America, following a strong financial performance in the first quarter of 2025. The company continues to focus on expanding into new regions and strengthening its recurring revenue base.
CustomersPartners
growth-positive
SuperCom First Quarter 2025 Earnings: Beats Expectations
SuperCom reported a revenue of $7.05 million, marking a 2.9% increase from the first quarter of 2024. The companys net income rose significantly by 446% to $4.23 million, and its profit margin improved to 60% from 11% in the previous quarter, driven by lower expenses. Earnings per share (EPS) increased to $1.20 from $0.80. Revenue exceeded analyst estimates by 4.5%, and EPS also surpassed expectations. Looking forward, SuperComs revenue is projected to grow at an average annual rate of 14% over the next three years, outpacing the US electronic industrys forecasted growth of 7.4%. The companys shares have risen by 10% over the past week.
growth-positive
SuperCom Ltd (SPCB) Q1 2025 Earnings Call Highlights: Strong Financial Performance and ...
SuperCom Ltd reported a strong financial performance for the start of 2025, with significant improvements in revenue, gross margin, and net income compared to the previous year. The company has secured over 70 multi-year government projects since 2018, with a notable expansion in North America. SuperCom has invested over $40 million in technology platforms and achieved a win rate of approximately 65% in competitive tenders, particularly in Europe. Despite its success, the company faces macroeconomic uncertainties and challenges in the US market, where it is still relatively small. The company has reduced its long-term debt but still carries a financial burden. The outlook remains positive, with a strong cash position and ongoing expansion efforts.
CustomersInvestment
growth-positive
SuperCom Reports Record Net Income of $4.2 Million and EPS of $1.2 for First Quarter 2025
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported strong financial results for the first quarter of 2025. The company achieved record gross margins and significant increases in revenue, net income, and cash reserves. SuperCom has secured over 20 new electronic monitoring contracts across the United States and entered eight new states, reflecting strong market demand and the companys ability to displace incumbents. Additionally, SuperCom has formed five new partnerships with regional service providers and secured significant contracts in Israel and the EMEA region. These developments highlight SuperComs growth momentum and expanding market presence.
CustomersPartners
growth-positive
SuperCom: Q1 Earnings Snapshot
SuperCom Ltd., a Tel Aviv-based company, reported earnings of $4.2 million for its first quarter, translating to a profit of $1.20 per share. Adjusted earnings, accounting for amortization and non-recurring costs, were $1.50 per share. The company, which specializes in traditional and digital identity solutions, posted a revenue of $7 million for the period. This financial performance indicates a positive growth trajectory for SuperCom Ltd.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, reported strong financial results for Q1 2025, with revenue increasing to $7.05 million and a record gross margin of 63.3%. The company secured over 20 new electronic monitoring contracts across the U.S., entered eight new states, and formed five new partnerships with regional service providers. Notably, SuperCom, in partnership with Electra Security, won a national electronic monitoring contract with the Israel Prison Service. The company also announced new contracts in Canada and several U.S. states, reflecting its strategic expansion and ability to displace incumbents. SuperCom reduced its debt by 32% and raised over $16 million in new capital, strengthening its financial foundation for continued growth.
CustomersPartnersExpand
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that President...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO, Ordan Trabelsi, will present a corporate overview at the Sidoti Virtual Investor Conference on May 21-22, 2025. The presentation will be accessible live, and SuperCom will also host virtual one-on-one meetings with investors during the conference. The company, known for its advanced safety, identification, and security solutions, offers a comprehensive suite of RFID and mobile technology products. This event is an opportunity for SuperCom to engage with investors and showcase its innovative solutions in digital identity and security.
growth-positive
SuperCom to Present at Sidoti Virtual Investor Conference
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO, Ordan Trabelsi, will present a corporate overview and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference on May 21-22, 2025. The presentation will provide insights into SuperComs offerings in traditional and digital identity solutions, which include advanced safety, identification, and security solutions for governments and organizations worldwide. The event aims to engage investors and showcase SuperComs innovative solutions in various industries, including healthcare, security, and law enforcement.
growth-positive
SuperCom Signs New Contract with Canadian Electronic Monitoring Service Provider, Advancing North American Expansion
SuperCom, a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, has signed a new contract with a Canadian electronic monitoring service provider. This partnership is part of SuperComs North American expansion strategy and involves the rollout of hundreds of GPS monitoring units from SuperComs PureSecurity Suite. The Canadian partner, with over 25 years of experience, manages GPS monitoring programs for justice and public safety clients. This collaboration is expected to replace existing GPS units with SuperComs advanced technologies, PureTrack and PureOne. The partnership marks SuperComs fourth regional collaboration in the past year, highlighting the growing demand for its solutions.
PartnersCustomers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, has announced a new partnership with a Canadian electronic monitoring service provider. This collaboration aims to introduce SuperComs PureSecurity Suite into the providers operations, potentially replacing hundreds of existing GPS units with advanced tracking technologies. This partnership is part of SuperComs broader North American expansion strategy, which has seen the company secure over 20 new contracts in the U.S. and expand into eight new states. The partnership underscores the growing demand for SuperComs scalable and results-driven solutions in the electronic monitoring market. SuperCom continues to expand internationally, with recent successes in Europe and the EMEA region.
PartnersCustomers
growth-positive
SuperCom to Report First Quarter 2025 Financial Results on May 14, 2025
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on May 14, 2025, to discuss its financial results for the first quarter ended March 31, 2025. The company offers advanced safety, identification, and security solutions to governments and organizations worldwide. SuperComs product suite includes RFID and mobile technology, serving industries such as healthcare, security, and law enforcement. The conference call will provide insights into the companys performance and future prospects.
growth-positive
SuperCom Secures New Electronic Monitoring Contract in Utah, Expanding U.S. Presence into 8th New State in Less Than a Year
SuperCom, a global provider of secured solutions for e-Government, IoT, and cybersecurity sectors, has secured a new electronic monitoring contract in Utah. This marks its eighth new U.S. state entry since mid-2024. The contract was awarded through a competitive Request for Bid process, highlighting SuperComs advanced GPS-based electronic monitoring platform. The program, initiated by a regional Court Support Services agency, will use SuperComs GPS tracking technology across various populations, generating recurring revenue and allowing for future service expansion. This contract strengthens SuperComs presence in the U.S. electronic monitoring market, projected to reach $2.3 billion by 2028.
Customers
growth-positive
SuperCom Ltd (SPCB) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Expansion
SuperCom Ltd (NASDAQ:SPCB) reported a record revenue of $27.6 million for 2024, marking a 134% increase from 2020. The company achieved a positive GAAP net income of $661,000, reversing a $4 million net loss in 2023. EBITDA rose to $6.3 million, continuing a streak of positive EBITDA for ten consecutive quarters. SuperCom secured several significant contracts in the US and Europe, expanding its market presence. Despite these achievements, the company reported a GAAP net loss of $1.86 million for Q4 2024 and faces challenges such as macroeconomic uncertainties and supply chain disruptions. The company is focused on expanding in the US market, which remains largely untapped, and is dependent on strategic acquisitions to consolidate its presence.
CustomersDebt Reduction
growth-positive
SuperCom Achieves Record Revenue, Record EBITDA, Record Net Income and $3.66 Non-GAAP EPS for Full Year 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported record financial results for FY 2024. The company achieved a 4% increase in revenue to $27.6 million, marking a seven-year record and the fourth consecutive year of revenue growth. Gross profit increased by 31% to $13.4 million, and the gross margin expanded to 48.4%. SuperCom reported its first full-year GAAP profitability since 2015, with a net income of $661 thousand. The companys EBITDA also increased by 31% to $6.3 million. The financial transformation over the past four years is attributed to a new management team and business strategy implemented in 2021.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported record financial results for FY 2024. The company achieved a 4% increase in revenue to $27.6 million, marking a seven-year record and its first full-year GAAP profitability since 2015. SuperCom secured over 20 new electronic monitoring contracts in the U.S., expanded into seven new states, and established new partnerships to support its U.S. expansion. The company also launched domestic violence monitoring programs in Europe and reduced its outstanding debt by 32%. SuperCom raised over $16 million in gross proceeds, strengthening its balance sheet for future growth.
CustomersPartnersInvestmentManagement Changes
growth-positive
Why SuperCom Ltd. (SPCB) Is Among the Best Prison and Law Enforcement Stocks to Buy According to Analysts
The article discusses the position of SuperCom Ltd. in the context of the best prison and law enforcement stocks to buy. It highlights the increasing global prison population and the growth of the law enforcement PPE industry, which is expected to grow at a 5.0% CAGR from 2022 to 2030. The article also notes the rising use of AI in police departments for administrative tasks, though legal experts express concerns about transparency, accuracy, and bias. Overall, the trends in law enforcement and the adoption of AI tools present growth opportunities for companies like SuperCom Ltd.
growth-positive
SuperCom to Report Fourth Quarter and Full Year 2024 Financial Results on April 28, 2025
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on April 28, 2025, to discuss its financial results for the year ended December 31, 2024. The call will be hosted by SuperComs management and will include a question-and-answer session. SuperCom has been providing advanced safety, identification, and security solutions to governments and organizations worldwide since 1988. The company offers a comprehensive suite of RFID and mobile technology products and services for various industries, including healthcare, security, and law enforcement.
Neutral
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on April 28, 2025, to discuss its financial results for the year ended December 31, 2024. The company specializes in traditional and digital identity solutions, offering advanced safety, identification, and security solutions to governments and organizations worldwide. SuperComs offerings include RFID and mobile technology products for various industries, including healthcare, security, and law enforcement. The conference call will be hosted by SuperComs management and will include a question-and-answer period.
growth-positive
SuperCom Secures New U.S. Electronic Monitoring Contract, Expanding Footprint in Kentucky
SuperCom, a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, has secured a new electronic monitoring (EM) contract in Kentucky. This contract, awarded through a direct agreement with a government agency, involves deploying SuperComs advanced GPS tracking technology. The solution is part of SuperComs PureSecurity platform, which includes real-time location tracking, secure communication, and anti-tamper features. This win adds to SuperComs growing list of U.S. contracts, reflecting its continued expansion and rising market trust. The company is recognized for its scalable, high-impact solutions that address the evolving needs of public safety agencies.
CustomersProduct Stage
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it...
SuperCom, a global provider of secured solutions for e-Government, IoT, and cybersecurity, has secured a new electronic monitoring contract in Kentucky. This contract, awarded through a direct agreement with a government agency, involves deploying SuperComs advanced GPS tracking technology. The win highlights SuperComs growing reputation and rising demand for its electronic monitoring technology in the U.S. The companys PureSecurity platform offers real-time location tracking, secure communication, and anti-tamper features to enhance public safety and streamline offender compliance monitoring. This achievement strengthens SuperComs presence in Kentucky and reflects its continued expansion and market trust in the region.
Customers
growth-positive
SuperCom Signs New Contract with Midwestern Electronic Monitoring Service Provider to Boost U.S. Market Expansion
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, has secured a new contract with a prominent Midwest-based service provider. This partnership will introduce SuperComs electronic monitoring technology into Wisconsin, Minnesota, and Michigan, facilitating the companys expansion into these states. The service provider, with over a decade of experience in community supervision, will integrate SuperComs technology into high-impact community programs, focusing on domestic violence monitoring. This collaboration is part of SuperComs strategy to expand its U.S. presence and enhance public safety efforts. The agreement highlights the growing demand for SuperComs technology and supports its national growth strategy.
PartnersCustomers
growth-negative
What Is SuperCom Ltd.'s (NASDAQ:SPCB) Share Price Doing?
SuperCom Ltd., a small-cap stock listed on NASDAQ, has recently experienced a significant price increase, making it a top gainer on the NASDAQCM. Despite this, the stock is still trading below the industry average price-to-earnings ratio, indicating it may be undervalued. However, the companys future earnings growth is expected to be highly negative, introducing uncertainty and risk for investors. The stocks high beta suggests potential for further price volatility. Investors are advised to consider the risks associated with negative growth prospects before investing, despite the current attractive valuation.
growth-positive
SuperCom signs new contract with Arizona-based statewide service provider
SuperCom has signed a new contract with a leading Arizona-based service provider, marking its strategic entry into Arizona, the seventh U.S. state it has entered since summer 2024. The contract involves the introduction of SuperComs electronic monitoring (EM) technology to enhance public safety and support the providers existing service portfolio. This partnership is expected to strengthen SuperComs presence in the U.S. market and expand its reach in the criminal justice system. The Arizona-based provider has over 25 years of experience and offers a range of court-approved, evidence-based programs.
Partners
growth-positive
SuperCom Signs New Contract with Arizona-Based Statewide Service Provider to Advance U.S. Market Expansion into Seventh New State
SuperCom, a global provider of secured solutions, has secured a new contract with a leading Arizona-based service provider to introduce its electronic monitoring technology across the state. This partnership marks SuperComs entry into Arizona, its seventh new U.S. state since summer 2024, and is part of its strategy to expand its reach across the nation. The Arizona provider, with strong ties to the Arizona Department of Corrections, will integrate SuperComs technology into its existing services, enhancing public safety and rehabilitation efforts. This collaboration is expected to accelerate SuperComs growth by leveraging the providers established network, allowing for efficient scaling and access to a broad customer base.
PartnersCustomers
growth-positive
SuperCom Wins 7th New National Domestic Violence Electronic Monitoring Project in EMEA
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has been awarded a new national Domestic Violence electronic monitoring project. This marks the companys seventh national DV program, showcasing its position as a trusted provider of advanced DV electronic monitoring solutions. The program will utilize SuperComs PureTrack GPS and PureProtect technology to enhance public safety and victim protection. The project is set to launch in the next two quarters of 2025, with potential for significant long-term expansion. This development highlights the growing demand for innovative monitoring solutions in combating domestic violence and reflects SuperComs successful expansion strategy and strengthening partnerships with government agencies.
CustomersPartners
growth-positive
SuperCom receives new GPS unit orders from European government
SuperCom has secured new orders from a European government, resulting in significant growth for its PureTrack GPS units. The orders are part of a large-scale electronic monitoring project, with expected growth surpassing 400% by the end of 2025. Additionally, SuperCom is conducting a $6 million direct offering, selling shares to pay down debt. The company also won a contract with a Nordic European government, further solidifying its presence in the region. These developments indicate a positive trajectory for SuperCom, driven by increased demand for its GPS tracking technology.
CustomersPIPE/PO
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has announced significant growth in its PureTrack GPS units, driven by new orders from a European government customer. The orders are part of an expansion of a large nationwide European electronic monitoring project, resulting in over 200% growth in unit count by January 2025, with expectations to surpass 400% by the end of 2025. This growth highlights the effectiveness of SuperComs technology solutions and services. The company continues to expand its customer base in the U.S. while maintaining strong relationships with existing clients, including key partners like the European government client.
Customers
growth-positive
SuperCom Secures over 200% growth in PureTrack GPS Monitoring units in Large Nationwide European EM Project
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has announced significant growth in its PureTrack GPS units, driven by new orders from a European government customer. The unit count is expected to surpass 400% growth by the end of 2025 as part of an expansion of a large ongoing nationwide European electronic monitoring project. This growth highlights the effectiveness of SuperComs technology solutions and services. The company is committed to expanding its customer base in the U.S. while maintaining strong relationships with existing clients, including key partners like the European government client. SuperComs PureSecurity Suite offers a comprehensive set of innovative features for electronic monitoring and tracking.
CustomersPartners
growth-positive
Why SuperCom (SPCB) Is Skyrocketing So Far In 2025?
SuperCom Ltd. (NASDAQ:SPCB), a cybersecurity company, has experienced significant growth in 2025, expanding into six new U.S. states and securing over 20 contracts, including 15 national projects in Europe. The company issued 100,000 shares at $43.74 to pay down $4.37 million in debt, extending maturity to 2028 and eliminating monthly interest payments. With a 2024 revenue estimate of $28.36 million and a net income of $5.11 million, SuperComs stock has risen by 50.26% year-to-date. The companys expansion and financial strategies have contributed to its positive performance, although some believe AI stocks may offer higher returns.
CustomersPIPE/PO
growth-positive
SuperCom Announces Pricing of $6.0 Million Registered Direct Offering
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced a registered direct offering of 545,454 ordinary shares to institutional investors at $11.00 per share, raising approximately $6.0 million. The offering is expected to close on January 31, 2025, subject to customary conditions. The proceeds will be used for working capital, R&D, potential acquisitions, and general corporate purposes. Maxim Group LLC is the sole placement agent. The shares are offered under SuperComs shelf registration statement declared effective by the SEC. SuperCom provides advanced safety, identification, and security solutions globally.
PIPE
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, announced a registered direct offering of 545,454 ordinary shares to institutional investors at $11.00 per share, raising approximately $6.0 million. The offering is expected to close on January 31, 2025, and the proceeds will be used for working capital, research and development, potential acquisitions, and other corporate purposes. Maxim Group LLC is acting as the sole placement agent. The shares are offered under SuperComs shelf registration statement, effective January 21, 2025. SuperCom provides advanced safety, identification, and security solutions globally, with a focus on digital identity solutions and RFID technology.
PIPE
growth-positive
SuperCom Wins New Multi-Year National Contract with Government of Nordic European Country
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity, has secured a new multi-year national contract with a Nordic European countrys government. The contract involves developing and maintaining a national computerized system for secured Driving License cards using SuperComs Magna™ e-Government platform. This project aligns with SuperComs strategy to expand in developed markets and enhances their position as a trusted provider of secure digital identity solutions in Europe. The system will integrate with existing governmental IT infrastructure, ensuring compliance with EU and ICAO standards.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (Nasdaq: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity, has secured a multi-year national contract with a Nordic European government. The contract involves developing and maintaining a national computerized system for secured Driving License cards using SuperComs Magna™ e-Government platform. This platform integrates with existing governmental IT infrastructure, ensuring compliance with EU and ICAO standards. The project enhances SuperComs position as a trusted provider of secure digital identity solutions in Europe and aligns with its strategy to expand in developed markets. SuperComs advanced technology will improve the security and efficiency of document issuance processes.
CustomersPartners
growth-positive
SuperCom to sell 100,000 ordinary shares at $43.74 to pay down debt
SuperCom announced the issuance of 100,000 ordinary shares at a premium price of $43.74 per share to pay down $4.374 million of its outstanding debt. This move is part of an amendment with its senior lender, a large national investment management firm, which includes favorable modifications to enhance SuperComs financial flexibility. The amendment extends the debt maturity date to December 31, 2028, and eliminates monthly cash interest and amortization payments. This strategic financial restructuring is expected to provide SuperCom with additional free cash flow to support its growth strategies over the next four years. The debt paydown completes a 32% reduction of SuperCom’s total outstanding debt in the past year.
PIPE/PO
growth-positive
SuperCom Issues Shares at Price of $43.7 per Share, Significant Premium to Market, to Pay $4.37 Million of Outstanding Debt
SuperCom, a global provider in the e-Government, IoT, and Cybersecurity sectors, announced the issuance of 100,000 ordinary shares at a premium price to reduce $4.374 million of its outstanding debt. This move is part of an amendment with its senior lender, a large national investment management firm, which includes favorable terms such as extending the debt maturity date to December 31, 2028, and eliminating monthly cash interest and amortization payments. These changes are expected to enhance SuperComs financial flexibility and support its strategic growth objectives. The company has reduced its total outstanding debt by 32% in the past year and is positioned for global expansion, having won multiple national projects in Europe and entered six new U.S. states.
PIPE/PO
growth-positive
SuperCom Shares Surge 27% as Company Issues Stock at Premium to Pay Down Debt
SuperCom announced the issuance of 100,000 ordinary shares at a premium price to settle $4.37 million of outstanding debt, leading to a 27.11% rise in its share price. This move is part of an amendment with a national investment management company, extending the loan maturity date to December 31, 2028, and removing monthly cash interest and amortization payments. These changes are expected to enhance SuperComs financial flexibility and support its expansion plans over the next four years. The company has significantly reduced its debt by 32% over the past year and has expanded its operations into six additional U.S. states and secured over 15 national projects in Europe.
PIPE/POExpand
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it...
SuperCom, a global provider of secured solutions, has secured a new contract with a U.S. multi-state electronic monitoring service provider. This partnership is a significant step in SuperComs U.S. expansion strategy, allowing its advanced PureSecurity Suite solutions to be integrated into new and existing programs. The collaboration will initially focus on the Northeastern U.S., with plans to expand into other regions. The service provider, an experienced player in the electronic monitoring sector, chose SuperCom after extensive testing, highlighting the superiority of its technology. This partnership is expected to enhance SuperComs market presence and capitalize on the growing demand for electronic monitoring solutions, projected to reach $1.8 billion by 2028.
PartnersCustomers
growth-positive
SuperCom Signs Contract with Multi-State Electronic Monitoring Service Provider to Boost U.S. Market Expansion
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract with a U.S. multi-state electronic monitoring service provider. This partnership is a significant milestone in SuperComs U.S. expansion strategy, allowing the company to introduce its advanced PureSecurity Suite solutions to new and existing programs across multiple states. The service provider, with decades of experience, chose SuperCom after extensive testing, highlighting the superiority of its technology. This collaboration is expected to boost SuperComs presence in the U.S. electronic monitoring market, enhancing offender rehabilitation and public safety.
PartnersCustomers
growth-negative
Does SuperCom Ltd. (NASDAQ:SPCB) Create Value For Shareholders?
The article provides an analysis of SuperCom Ltd.s Return on Equity (ROE) to evaluate its financial performance. SuperComs ROE is 11%, which is roughly in line with the Electronic industry average of 10%. However, the company uses a high amount of debt to boost its returns, with a debt-to-equity ratio of 2.24. This reliance on debt is seen as a risk, as it may not be sustainable if credit markets change. The analysis suggests that while SuperComs ROE is respectable, it is not impressive given the high debt levels, indicating potential financial risk.
growth-positive
SuperCom Secures First Agency Contract in Ohio, Rapid U.S Expansion Continues
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a Juvenile Probation Agency in Ohio. This marks the companys entry into its sixth new U.S. state since the summer of 2024 and its 20th new contract in the U.S. during the same period. The contract involves SuperComs PureOne technology, which offers real-time GPS tracking and secure communication, tailored for correctional and juvenile programs. This expansion reflects SuperComs strategic efforts to establish a strong presence in the U.S. market by displacing competitors and providing innovative, cost-effective solutions.
CustomersExpand
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new electronic monitoring contract with a Juvenile Probation Agency in Ohio. This marks the companys first project in Ohio and its entry into its sixth new U.S. state since the summer of 2024. The contract highlights SuperComs expansion in the U.S. market, emphasizing its innovative public safety solutions. The project will utilize SuperComs PureOne technology, offering real-time GPS tracking and secure communication. This achievement underscores SuperComs strategy to displace competitors and deliver cost-effective solutions, enhancing public safety and promoting rehabilitation. The companys efforts to refine technology offerings and strengthen its sales team have been pivotal in establishing a strong foothold in the U.S.
CustomersExpand
growth-positive
SuperCom Secures First Contract in Alabama, Rapid US Expansion Continues
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has announced a new contract to provide GPS tracking and domestic violence monitoring solutions to a government agency in Alabama. This marks the companys 5th entry into a new US state since August 2024 and its 10th contract in the USA in just 60 days, reflecting rapid expansion and strong market acceptance. The contract includes scalability provisions, allowing for an increase in monitored units and new services. SuperComs US market entry is driven by its advanced technologies and efficiencies, offering significant growth opportunities in the electronic monitoring market projected to reach $1.8 billion by 2028.
Product StageCustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has rapidly expanded its presence in the US market by securing 10 new contracts in just 60 days. The company has entered its 5th new US state since August 2024, with contracts in Kentucky, South Dakota, and Alabama. These contracts involve deploying SuperComs advanced GPS tracking and domestic violence monitoring solutions, which include real-time location tracking and anti-tamper mechanisms. The expansion reflects strong market acceptance and aligns with SuperComs strategy for growth in the US, where the electronic monitoring market is projected to reach $1.8 billion by 2028. The companys solutions offer cost efficiencies and operational advantages, supporting its continued expansion.
CustomersPartners
growth-positive
SuperCom Secures Two New Agency Contracts in Kentucky, Displacing Incumbent Competitors
SuperCom, a global provider of secured solutions for e-Government, IoT, and cybersecurity, has announced the acquisition of two new contracts with key agencies in Kentucky. These contracts involve deploying SuperComs advanced public safety technologies, enhancing monitoring capabilities, and providing reliable solutions tailored to agency needs. This development reflects SuperComs expanding presence in the U.S. and its growing reputation as a trusted provider of electronic monitoring and public safety solutions. By securing these contracts, SuperCom has displaced incumbent competitors, further strengthening Kentuckys public safety infrastructure. The companys success in Kentucky is part of its broader U.S. expansion strategy, highlighting its competitive edge in technology and the trust it has built through prior achievements.
CustomersPartners
growth-positive
Why Is SuperCom Stock Jumping Around 100% On Thursday?
SuperCom, Ltd. (NASDAQ:SPCB) shares surged nearly 100% on Thursday following the announcement of securing two new contracts with major agencies in Kentucky. These contracts, which were won by surpassing incumbent providers, will implement SuperCom’s advanced public safety technologies to enhance monitoring capabilities and provide customized solutions. This achievement expands SuperCom’s footprint in the U.S. and solidifies its reputation as a reliable provider of electronic monitoring and public safety systems. The company also announced new contracts with South Dakota Sheriff agencies, marking its first expansion into South Dakota and further strengthening its U.S. presence. The recent successes highlight SuperComs momentum in the U.S. market as it continues to introduce innovative public safety technologies.
CustomersExpand
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, has secured two new contracts with key agencies in Kentucky. These contracts involve deploying SuperComs advanced public safety technologies, enhancing monitoring capabilities, and providing reliable solutions tailored to agency needs. This achievement reflects SuperComs expanding U.S. footprint and growing reputation as a trusted electronic monitoring and public safety solutions provider. The company has successfully displaced incumbent competitors, strengthening its position in the U.S. market. SuperComs innovative technologies are making a measurable impact on public safety, supporting agencies in achieving their missions effectively.
CustomersPartners
growth-positive
SuperCom Secures New Contracts with South Dakota Sheriff Agencies, Accelerating U.S. Expansion
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has announced its entry into South Dakota, marking its fourth new state entry since August 2024. The company has secured multiple electronic monitoring contracts with county Sheriff agencies across the state, showcasing its rapid U.S. market expansion. These contracts will utilize SuperComs advanced PureOne technology, known for its real-time GPS tracking and robust communication capabilities. This expansion highlights the growing demand for SuperComs reliable monitoring solutions and its commitment to enhancing public safety. The companys President and CEO, Ordan Trabelsi, emphasized the importance of delivering high-quality solutions to law enforcement agencies nationwide.
Customers
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
growth-positive
SuperCom Launches New Domestic Violence Monitoring Project with the State Police of Latvia
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has launched a new electronic monitoring project in Latvia. This marks SuperComs third national contract in Latvia, focusing on domestic violence prevention. The project utilizes SuperComs PureSecurity EM Suite, which includes GPS tracking and real-time monitoring, to enhance the Latvian State Polices ability to manage offenders and improve public safety. This initiative underscores Latvias commitment to using advanced technology for public safety and highlights SuperComs growing leadership in the European public safety market. The project is part of SuperComs broader efforts to provide innovative solutions for public safety challenges across Europe.
Customers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today the...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has launched a new electronic monitoring project in Latvia. This marks their third national contract in the country, focusing on domestic violence prevention. The project involves deploying SuperComs PureSecurity EM Suite, which includes GPS tracking and real-time monitoring to support the State Police of Latvia. This initiative strengthens SuperComs position as a leader in public safety technology in Europe and highlights the increasing demand for domestic violence solutions. The project is part of SuperComs broader strategy to expand its presence across Europe and support government agencies in addressing complex public safety challenges.
Customers
growth-positive
Returns Are Gaining Momentum At SuperCom (NASDAQ:SPCB)
The article discusses SuperComs recent improvements in its Return on Capital Employed (ROCE), which has increased to 1.2%. Although this is below the electronic industry average of 10%, it marks a positive shift as the company has turned profitable after previously being unprofitable. The capital employed by SuperCom has remained stable, suggesting that the higher returns are due to increased efficiencies or past investments paying off. Additionally, SuperCom has reduced its current liabilities to 13% of total assets, indicating fundamental business improvements. Despite these positive trends, the stock has significantly declined by 98% over the past five years. The article suggests that the economic trends for SuperCom are positive, and further investigation into the stock could be beneficial.
growth-positive
SuperCom Ltd (SPCB) Q3 2024 Earnings Call Highlights: Strategic Wins and Revenue Surge Amid ...
SuperCom Ltd reported a significant increase in revenue to $21.3 million for the first nine months of 2024, driven by strategic initiatives and a prestigious contract for the National Israeli Electronic Monitoring Project. The company expanded its presence in the US by entering new regions and reported positive free cash flow. Despite a decrease in quarterly gross profit margin due to project mix and timing, SuperCom Ltd is poised for growth with opportunities in the European market, including a $33 million project in Romania. The company faces macroeconomic uncertainties and challenges in Israel, and the US market remains largely untapped, requiring more resources for growth.
CustomersExpand
growth-negative
SuperCom: Q3 Earnings Snapshot
SuperCom Ltd., a provider of traditional and digital identity solutions based in Tel Aviv, reported a financial loss of $443,000 for its third quarter. The company experienced a loss of 22 cents per share, although earnings adjusted for non-recurring costs were 17 cents per share. During this period, SuperCom generated revenue of $6.9 million. The report was generated using data from Zacks Investment Research.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported financial...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, reported significant financial improvements for the first nine months of 2024. Revenue increased to $21.3 million, with a gross profit margin rising to 50.1%. The company secured new contracts totaling over $13.5 million from European governments and expanded its presence in the U.S. market with multiple new contracts. Notably, SuperCom, in partnership with Electra, won a 5-year contract with the Israel Prison Service to deploy its PureSecurity Electronic Monitoring Suite. These developments underscore SuperComs strategic expansion and technological innovation, positioning it for sustained growth. The company will discuss these results in a conference call on November 14, 2024.
CustomersPartners
growth-positive
SuperCom Reports $1.6 EPS, $3.1 Non-GAAP EPS, and Positive Free Cash Flows for the First Nine Months of 2024
SuperCom, a global provider of secured solutions, reported positive financial results for the first nine months of 2024, with revenue increasing to $21.3 million and a net income of $2.52 million. The company secured multiple new contracts, including a significant 5-year contract with the Israel Prison Service and various contracts across the U.S. and Canada. These contracts are expected to generate substantial recurring revenue and expand SuperComs footprint in the public safety and rehabilitative services sectors. The companys innovative solutions, such as the PureOne suite, have been pivotal in displacing competitors and securing new partnerships. SuperComs strategic expansion and strong financial performance indicate a growth-positive outlook.
CustomersPartners
growth-neutral
SuperCom to Report Third Quarter 2024 Financial Results on November 14, 2024
SuperCom, a global provider of secured solutions in the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on November 14, 2024, to discuss its financial results for the third quarter ending September 30, 2024. The call will be hosted by SuperComs management and will include a question-and-answer session. SuperCom has been providing advanced safety, identification, and security solutions to governments and organizations worldwide since 1988. The company offers a comprehensive suite of RFID and mobile technology products and services for various industries, including security, law enforcement, and domestic violence prevention.
growth-neutral
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference...
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced it will hold a conference call on November 14, 2024, to discuss its financial results for the third quarter ended September 30, 2024. The call will be hosted by SuperComs management and will include a question-and-answer session. SuperCom has been providing advanced safety, identification, and security solutions to governments and organizations worldwide since 1988. The company offers a comprehensive suite of RFID and mobile technology products and services for various industries, including security, public safety, and electronic monitoring.
growth-positive
SuperCom to Present at LD Micro Invitational XIII
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO, Ordan Trabelsi, will present a corporate overview at the 17th Annual LD Micro Main Event in California from October 28th-30th, 2024. The presentation is scheduled for October 30th at 2:00 PM PT. SuperCom specializes in traditional and digital identity solutions, offering advanced safety, identification, and security solutions to governments and organizations worldwide. The event provides an opportunity for SuperCom to engage with investors and showcase its innovative solutions, potentially leading to growth and increased visibility in the market.
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that the...
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO, Ordan Trabelsi, will present a corporate overview at the 17th Annual LD Micro Main Event in California from October 28th to 30th, 2024. The presentation aims to provide insights into SuperComs offerings and will be available for viewing virtually. SuperCom specializes in traditional and digital identity solutions, offering services to governments and organizations worldwide. The company provides a comprehensive suite of RFID and mobile technology products for various industries, including healthcare, security, and law enforcement.
growth-positive
SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency
SuperCom, a global provider of secured solutions, has been awarded a 5-year contract by the Israel Prison Service (IPS) to deploy its PureSecurity Electronic Monitoring Suite. The contract, which includes an optional extension of up to four more years, is expected to cover over 1,500 offenders in various electronic monitoring programs. SuperCom, in partnership with Electra, will provide advanced monitoring solutions to enhance public safety and manage correctional programs in Israel. This contract win highlights the growing demand for SuperComs technology and strengthens its position as a leading security technology provider. The project was secured through a competitive bid process, and SuperCom plans to release further details in future announcements.
PartnersCustomers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today it has...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has secured a new three-year national contract with a European government to deploy its PureSecurity domestic violence monitoring solution. This contract marks SuperComs fifth national domestic violence contract in Europe, reinforcing its leadership in the region. The companys technology offers real-time tracking, communication, and security, enhancing public safety and domestic violence prevention. SuperComs ongoing success in Europe demonstrates the effectiveness of its PureSecurity Suite and its commitment to innovation in electronic monitoring.
CustomersPartners
growth-positive
SuperCom Wins New National Domestic Violence Electronic Monitoring Contract in European Country
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity, has secured a new three-year national contract with a European government to deploy its PureSecurity domestic violence monitoring solution. This contract reinforces SuperComs leadership in domestic violence monitoring in Europe, marking its fifth national contract in the region. The companys technology offers real-time tracking and communication to enhance public safety and domestic violence prevention. SuperComs continued success in Europe demonstrates the effectiveness and adaptability of its PureSecurity Suite.
CustomersPartners
growth-positive
SuperCom Secures First New Contract in New York State, Expanding Footprint in the US Market
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract in a county in New York State. This achievement, obtained through a competitive selection process, marks a significant milestone in SuperComs strategic expansion across the US. The contract involves the use of SuperComs advanced electronic monitoring solutions to enhance public safety in the county. The company has also recently announced contract wins in Maryland and West Virginia, demonstrating its ability to penetrate new markets and grow its presence rapidly. SuperCom aims to build long-term partnerships with government agencies nationwide by consistently winning competitive contracts.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce...
SuperCom, a global provider of secure solutions for e-Government, IoT, and Cybersecurity sectors, has secured its first contract in a county in New York State. This contract, achieved through a competitive selection process, leverages SuperComs advanced electronic monitoring solutions to enhance public safety. The win marks a significant milestone in SuperComs strategic expansion across the US, following recent contract wins in New York, Maryland, and West Virginia. The company aims to build long-term partnerships with government agencies nationwide, reinforcing its position as a leader in public safety technology.
CustomersPartners
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has...
SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has regained compliance with Nasdaqs minimum bid price requirement. The company received notice from Nasdaq that its common stock has maintained a minimum bid price of $1.00 per share for the last 10 consecutive business days, from August 22 through September 5, 2024. This compliance ensures that SuperCom continues to be listed on the Nasdaq Capital Market. The matter is now considered closed by Nasdaq.
Public Trading
growth-positive
SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has regained compliance with Nasdaqs minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company had previously been notified on September 13, 2023, that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days. However, as of September 6, 2024, Nasdaq determined that the closing bid price of SuperComs common stock had been at $1.00 per share or greater for the last 10 consecutive business days, thereby resolving the compliance issue.
Public Trading
growth-negative
SuperCom's (NASDAQ:SPCB) Attractive Earnings Are Not All Good News For Shareholders
SuperCom Ltd. (NASDAQ: SPCB) experienced a rise in stock price following the release of a robust earnings report. However, the report reveals deeper issues that investors should consider. The company expanded its number of shares by 326% over the last year, significantly diluting earnings per share (EPS). Additionally, SuperComs profit was bolstered by unusual items worth $1.3 million, which may not be sustainable. These factors suggest that the underlying earnings power of SuperCom is not as strong as the statutory profit numbers indicate. Investors are advised to look deeper into the companys risks and future profitability.
Investment
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce...
growth-positive
SuperCom Secures Additional $2.6 Million in Orders from European Governments with Delivery Expected Within Three Months
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured new orders valued at $2.6 million from European Governments. These orders are expected to be fulfilled within the next three months. The company’s President & CEO, Ordan Trabelsi, emphasized that these repeat orders highlight customer confidence in SuperComs technology and commitment to public safety. SuperComs PureSecurity Suite, an end-to-end electronic monitoring solution, is designed to meet the needs of correctional facilities and law enforcement agencies. This achievement underscores SuperComs leadership in the electronic monitoring sector and its ability to meet evolving client needs.
Customers
growth-positive
SuperCom Secures New Contract in Maryland with Baltimore-Based Service Provider
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract with a leading Baltimore-based service provider in Maryland. The contract, launched in June 2024, is expected to generate an annual recurring revenue of approximately $250,000. This partnership involves deploying SuperComs advanced GPS technology and 24/7 monitoring center services to enhance the service providers ability to monitor and manage offenders. The deal marks a significant milestone in SuperComs North American expansion strategy, reflecting its commitment to delivering innovative solutions to meet the evolving needs of its customers.
PartnersCustomers
growth-positive
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it...
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract with a leading Baltimore-based service provider in Maryland. The contract, launched in June 2024, is expected to generate an annual recurring revenue of approximately $250,000. This partnership involves the deployment of SuperComs advanced GPS technology and 24/7 monitoring center services to enhance the service providers ability to monitor and manage offenders. This contract marks a significant milestone in SuperComs North American expansion strategy.
CustomersPartners
Growth-Negative
SuperCom Second Quarter 2024 Earnings: Beats Expectations
SuperCom has released its Q2 2024 results, showing a revenue of $7.55m, down 2.6% from Q2 2023. However, the companys net income was $2.19m, up from a loss of $1.06m in Q2 2023. The profit margin also increased to 29%, up from a net loss in the same period last year. EPS was $1.20, up from a loss of $4.19 in Q2 2023. Despite these positive figures, the companys shares are down 9.2% from a week ago. The company also exceeded analyst estimates by 26% and is forecast to grow 13% p.a. on average during the next 2 years.
CustomersPublic Trading
growth-positive
SuperCom Secures Multiple New Contracts in West Virginia with Sheriff Agencies to Deploy PureOne Technology
SuperCom, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured new electronic monitoring contracts with multiple Sheriff agencies across West Virginia. The contracts utilize SuperComs PureOne suite, which is enhanced with both cellular and WiFi communication capabilities, to provide robust monitoring solutions in rural areas with limited cellular coverage. These contracts are already generating recurring revenue and expanding SuperComs footprint in the U.S. market.
CustomersExpand
Growth-Positive
SuperCom: Q2 Earnings Snapshot
SuperCom Ltd., a traditional and digital identity solutions provider based in Tel Aviv, Israel, reported earnings of $2.2 million in its second quarter. On a per-share basis, the company had a profit of 6 cents. After adjusting for amortization costs and non-recurring costs, earnings were 9 cents per share. The company posted revenue of $7.5 million in the period.
Investment
growth-positive
SuperCom Reports Record Profit with 183% QoQ Net Income Growth and EPS of $0.06 for Q2 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported a revenue of $7.5 million and a record net income of $2.2 million for Q2 2024. The company also reported positive operating cash flow of $2 million. SuperCom received new orders totaling over $11 million from European governments and raised $2.9 million in gross proceeds in a registered direct offering in Q2 2024. The company also secured several new contracts in North America and Canada, further expanding its role in rehabilitative services and secure solutions.
InvestmentCustomers
Neutral
SuperCom to Report Second Quarter 2024 Financial Results on August 15, 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on August 15, 2024, to discuss its financial results for the second quarter ended June 30, 2024. The financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period.
growth-positive
SuperCom Secures Additional $2.9 Million in New Orders from European Governments to be Delivered Within Four Months
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced the receipt of new orders from European governments valued at $2.9 million. These orders are expected to be delivered in the next four months. This is the third group of orders from European clients in the past 90 days, bringing the total value of new orders from the region to over $11 million in this period.
Customers
growth-positive
SuperCom Receives Orders Valued Over $3 Million from European Governments to be Delivered in Q3 of 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced the receipt of orders from European governments valued at over $3 million. These orders are expected to be delivered by the end of the third quarter of 2024. This comes after the company received $5 million new orders from European governments less than two months ago. SuperComs PureSecurity Suite is an end-to-end electronic monitoring solution with state-of-the-art GPS tracking, communication, monitoring technologies, and a secure software platform providing real-time tracking and reporting.
CustomersInvestment
Growth-Positive
SuperCom Receives Orders Valued Over $3 Million from European Governments to be Delivered in Q3 of 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced the receipt of orders from European governments valued at over $3 million. These orders are expected to be delivered by the end of the third quarter of 2024. The new orders strengthen SuperComs position as a global leader in electronic monitoring solutions for public safety. SuperComs PureSecurity Suite is an end-to-end electronic monitoring solution with state-of-the-art GPS tracking, communication, monitoring technologies, and a secure software platform providing real-time tracking and reporting.
CustomersPartners
growth-positive
SuperCom Announces New Contract Win in North California
SuperCom, through its subsidiary Leaders in Community Alternatives (LCA), has secured a new contract to provide housing and case management services to youth and those transitioning from housing. The program, set to begin in summer 2024, is expected to generate nearly $500,000 in annual recurring revenue. The client intends to extend the program beyond the initial two-year term. The initiative represents a significant collaboration between LCA and its local partners, aiming to support youth reentering the community and reduce recidivism.
CustomersPartnersExpand
growth-positive
SuperCom secures a new contract in North America to support youth reentry | Biometric Update
SuperCom, through its subsidiary Leaders in Community Alternatives (LCA), has secured a new contract in Northern California, expected to generate annual recurring revenue of nearly $500,000. The program, set to commence in summer 2024, will provide housing and case management services for transitioning youth. SuperCom also announced a contract extension from a long-standing e-Government division client, valued at $1.8 million. The company offers a range of biometric solutions for security, identification, and monitoring, including its PureMonitor software and PureSecurity Suite.
CustomersPartners
growth-positive
CEO Spotlight: SuperCom CEO On How They Reached 5-Year-Record 2023 Performance and Drivers for Continued Success
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, has seen a positive response from clients and investors due to its aggressive push into the public safety sector. The companys President and CEO, Ordan Trabelsi, attributes the companys success to its innovative technology and solutions, which have led to a 5-year-best 2023 performance. The company reported 5-year-record revenues of $26.6 million, a 51% increase year-over-year, and EBITDA of $4.8 million, a 2350% increase over the prior period. SuperComs subsidiary, Leaders in Community Alternatives (LCA), secured a new electronic monitoring contract worth about $2 million, and the companys IoT division received new orders from European governments valued at $5 million.
CustomersInvestment
growth-positive
SuperCom Secures New $1.8 Million Contracts with a Trusted Long-Term Government Customer
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured an additional $1.8 million contract with a long-standing customer of its e-Government division. The contract is expected to start by the end of May 2024 and to be fulfilled over the next 5 months. The customer, a government entity, has been in partnership with SuperCom for over a decade. SuperComs President & CEO, Ordan Trabelsi, expressed satisfaction with the continued partnership and confidence in the companys ability to deliver high-quality products and services.
CustomersPartners
growth-positive
SuperCom Reports Record Profit and 400% YoY EBITDA Growth for the First Quarter 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported an 8% increase in revenue to $6.9 million for Q1 2024, compared to the same period in 2023. The companys gross profit increased by 139% to $3.8 million, and net income improved by $2.3 million to $0.8 million. SuperCom also received over $5.0 million in new orders from European governments and raised $2.9 million in a registered direct offering. The company won new projects in California and Canada and launched a $3.6M national EM project in Finland.
CustomersInvestmentExpand
Neutral
SuperCom to Report First Quarter 2024 Financial Results on May 15, 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on May 15, 2024, to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period.
growth-positive
SuperCom Receives over $5.0 Million in new Orders from European Governments
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced the receipt of new orders from European governments. The orders are valued at over $5.0 million and are expected to be delivered in the next three months. The companys PureSecurity Suite, an end-to-end electronic monitoring solution, will be used to enhance public safety. SuperCom has been providing advanced safety, identification, and security solutions to governments and organizations worldwide since 1988.
CustomersInvestment
growth-positive
SuperCom Reports 51% Annual Revenue Growth, Non-GAAP EPS of $0.47 and 5-Year-Record EBITDA of $4.8 million for Full Year 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported a record-breaking growth in 2023 with revenues of $26.6 million, a 51% increase from the previous year. The company also reported an EBITDA growth of 2350%. SuperCom secured new projects in California, Canada, and Finland, and received a third order from Romanias Ministry of Interior. The company also launched a $3.6M national EM project in Finland and a $4.25 million contract in Northern California. SuperComs CEO, Ordan Trabelsi, expressed pride in the companys performance and optimism for future growth.
CustomersExpand
growth-positive
SuperCom Announces Pricing of $2.9 Million Registered Direct Offering
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has entered into a securities purchase agreement with a single institutional investor. The agreement involves the purchase of approximately $2.9 million of SuperComs ordinary shares and warrants to purchase ordinary shares in a concurrent private placement. The offering is expected to close on or about April 19, 2024, subject to the satisfaction of customary closing conditions.
Investment
Neutral
SuperCom to Report Fourth Quarter and Full Year 2023 Financial Results on April 22, 2024
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, has announced a conference call to discuss its financial results for the year ended December 31, 2023. The call will be held on Monday, April 22, 2024, and will be hosted by SuperCom management. The company has been providing advanced safety, identification and security solutions to governments and organizations worldwide since 1988.
Growth-Positive
SuperCom Wins New Project in California Valued at Up to $2.0 million
SuperCom, through its subsidiary Leaders in Community Alternatives (LCA), has won a new project in California, valued at up to $2 million. The project involves providing a comprehensive jail-based program focusing on re-entry services for adult inmates. The project is expected to generate annual recurring revenues of approximately $400 thousand. The project is a result of winning a formal competitive bid process administered by the county and is expected to launch in the summer of 2024.
CustomersPartnersExpand
growth-positive
SuperCom Third Quarter 2023 Earnings: Beats Expectations
SuperCom has reported its third quarter results for 2023, showing an increase in revenue to US$6.78m, up 8.2% from the same period in 2022. The company also reported a net income of US$146.0k, a significant improvement from the US$2.10m loss reported in 3Q 2022. The companys profit margin was 2.2%, up from a net loss in the previous year. The move to profitability was primarily driven by lower expenses. The companys EPS was US$0.02. Both revenue and earnings per share exceeded analyst estimates.
Investment
growth-positive
SuperCom Announces New EM Contract in California
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract with an established California services provider in the judicial sector. The contract is already operational and generating revenue. SuperCom displaced a long-time incumbent competitor due to its innovative PureOne solution. This contract aligns with SuperComs vision of expanding its footprint in the US market and demonstrates its competitive edge in delivering superior technology solutions. The contract terms reflect expansion and long-term growth potential.
CustomersPartnersExpand
growth-positive
SuperCom Wins New Project in Canada
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced a new project with a renowned Canadian industry partner in the tracking solutions sector. The project marks a transition from RF-based tracking technology to new GPS technologies. The initial phase of the project is set to launch in the first quarter of 2024, with potential for expansion in both scale and scope. SuperComs CEO, Ordan Trabelsi, expressed excitement about the project and the companys expansion into GPS technology.
PartnersExpand
Growth-Positive
SuperCom Offers Robust Offender Monitoring Solutions, Meeting Challenges for Agency and Private Operators
SuperCom, a global provider of traditional and digital identity solutions, is advancing its offender electronic monitoring (EM) solutions and services in response to growing societal challenges. The company has been refining its EM line since 1988, implementing RFID and GPS tracking technologies and offering both large and small-scale government solutions. These solutions have been adopted by various government agencies in different countries, particularly in monitoring domestic violence offenders. The companys proactive push for its offender electronic monitoring solutions and services is in response to the growing and changing needs of government agencies and private sector operators.
CustomersExpand
growth-negative
7 Cybersecurity Stocks to Exit ASAP
The article discusses the cybersecurity industry and identifies seven companies whose stocks are recommended to be sold. These companies are SuperCom, A10 Networks, Leidos Holdings, VeriSign, Juniper Networks, NetScout Systems, and Mitek Systems. The author argues that despite the cybersecurity industrys expected growth to a $10.5 trillion industry by 2025, not all companies in the sector will be successful. The companies mentioned have either underperformed, failed to grow at expected rates, or face challenges that could hinder their growth.
CustomersManagement Changes
growth-positive
SuperCom Secures New USA Electronic Monitoring Contract for its PureOne and Domestic Violence Solutions
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a new contract with a Kentucky-based service provider of electronic monitoring (EM) products and services. This contract is part of SuperComs expansion within the US and the deployment of its newest proprietary technologies: the new PureOne GPS bracelet and domestic violence (DV) monitoring solutions. SuperCom will provide its PureOne GPS Tracking and PureProtect for DV Monitoring solutions as part of a broader plan to enhance public safety and support rehabilitation efforts in communities across Kentucky.
CustomersPartnersExpand
growth-positive
SuperCom Reports 550% YoY EBITDA Growth and 5-Year-Record Net Profit for the Third Quarter 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported its financial and operating results for Q3 2023. The company saw a revenue increase to $6.8 million from $6.3 million, marking a fifth consecutive quarter of YoY revenue growth. Gross Profit increased by 89% to $4.0 million from $2.1 million. SuperCom also received a substantial third order of $3.4 million from Romanias Ministry of Interior and won a $3 million contract to deliver Alcohol Monitoring technologies in California. The company is also expanding its footprint in Finland and has launched a $3.6M national EM project in Finland. SuperCom also successfully closed a $2.75 million public offering.
InvestmentExpand
Neutral
SuperCom to Report Third Quarter 2023 Financial Results on November 14, 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, has announced a conference call on November 14, 2023, to discuss its financial results for the third quarter ended September 30, 2023. The financial results will be issued in a press release prior to the call. SuperCom has been providing advanced safety, identification and security solutions to governments and organizations worldwide since 1988.
growth-positive
SuperCom Receives Third Order Valued at Over $3.4 Million from Romania's Ministry of Interior
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has received a third order from Romanias Ministry of Interior, extending their partnership for Romanias National Electronic Monitoring (EM) Project. The order is valued at approximately $3.4 million and is expected to be delivered by the end of 2023. This follows two prior orders totaling approximately $15.1 million, continuing the expansion of Romanias EM program based on SuperComs PureSecurity Suite for domestic violence monitoring, GPS Tracking of offenders, and home detention monitoring.
PartnersCustomers
growth-positive
Electronic Alcohol Monitoring Contract, Worth Up to $3M, Adds to Track Record of e-Security Solutions Provider SuperCom
Electronic security solutions provider SuperCom Ltd. has reported several successes in its business operations, including a new contract with a California agency for providing alcohol monitoring technology through 2026. The company, which operates globally, including in Croatia, Sweden, Finland, and Romania, has seen a 141% record increase in its year-over-year quarterly revenues. This marks the fourth consecutive period of high year-over-year revenue growth for the company.
CustomersAcquisition
Growth-Positive
SuperCom Secures New National Program for Electronic Monitoring of Domestic Violence Offenders in Finland
SuperCom, a global provider of secure solutions, has announced a new national program with the government of Finland. The program includes the deployment of SuperComs Domestic Violence Monitoring Solution, part of its PureSecurity Electronic Monitoring (EM) Suite. The project aims to empower Finnish authorities, safeguard victims, and proactively prevent domestic violence incidents. The project will consist of the following PureSecurity offerings: PureProtect, PureTrack, PureTag, and PureMonitor. The deployment and start of recurring revenue generation is expected in the 4th quarter of 2023.
PartnersExpand
Growth-Negative
SuperCom Receives Nasdaq Letter on Minimum Bid Requirements
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, has received a letter from Nasdaq indicating that the company is not in compliance with Nasdaq Listing Rule 5550(a)(2). The companys closing bid price for its common stock was below $1.00 per share for 30 consecutive business days between August 1, 2023, and September 11, 2023. SuperCom has been granted a 180-calendar day compliance period, until March 11, 2024, to regain compliance with the minimum bid price requirement.
Public Trading
growth-positive
SuperCom Secures New Electronic Monitoring Contract in California Valued at up to $3 Million
SuperCom has secured a new contract to provide Alcohol Monitoring technologies and services in California. The contract is valued at up to USD 3 million over the initial 3-year term. This contract win marks another milestone for SuperComs expansion into the US market and solidifies its position in the electronic monitoring industry. The customer is billed at a per-unit daily rate for alcohol monitoring services, generating steady-state recurring revenue. SuperComs reputation for providing reliable and high-quality electronic monitoring services was pivotal in securing the contract. The company remains committed to fostering strong partnerships and driving technological advancements in the criminal justice sector.
Customers
growth-negative
Lacklustre Performance Is Driving SuperCom Ltd.'s (NASDAQ:SPCB) 26% Price Drop
SuperCom Ltd.s share price has dropped 26% in the last month, adding to a 78% loss over the past year. Despite this, the companys price-to-sales (P/S) ratio of 0.3x could be seen as a buy signal, as it is significantly lower than the industry average. SuperComs revenue growth has been strong, with a 106% increase last year and a total increase of 114% over the past three years. However, revenue is expected to contract by 8.7% in the coming year, which is significantly lower than the predicted industry growth of 13%. This weak outlook is likely to continue to put pressure on the share price.
Public Trading
Growth-Positive
SuperCom Announces Pricing of $2.75 Million Public Offering
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, has announced the pricing of its public offering of 3,235,295 units at a public offering price of $0.85 per unit with a single institutional investor. The offering is expected to close on August 3, 2023, subject to the satisfaction of customary closing conditions. Gross proceeds to the Company, before deducting placement agent fees and other offering expenses, are expected to be approximately $2.75 million. Maxim Group LLC is acting as sole placement agent in connection with this public offering.
InvestmentPublic Trading
Growth-Positive
SuperCom Second Quarter 2023 Earnings: Beats Expectations
SuperCom has reported its Q2 2023 results, showing a revenue of $7.75m, up 141% from Q2 2022. The companys net loss has narrowed by 63% to $1.06m, and its loss per share has improved from $0.78 in Q2 2022 to $0.21. Both the revenue and earnings per share have exceeded analyst estimates by 68% and 13% respectively. Looking ahead, SuperComs revenue is expected to grow by 7.1% per annum on average over the next three years, compared to a 5.3% growth forecast for the US electronic industry.
Customers
growth-positive
SuperCom Reports 141% YoY Revenue Growth and 5-Year-Record Revenue for the Second Quarter 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported a 141% increase in revenue to $7.7 million for Q2 2023. The company also reported a gross profit increase of 77% to $2.3 million and a positive EBITDA of $0.9 million. SuperCom is progressing with the implementation of a $33 million national electronic monitoring project in Romania and has launched a $3.6 million national EM project in Finland. The company also won a $4.25 million contract to provide adult reentry services in a Northern California county. SuperCom is prioritizing the expansion of its PureOne product into new markets and geographies.
CustomersPartnersExpand
Neutral
SuperCom to Report High Revenue Growth and Financial Results for the Second Quarter 2023 on July 31, 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Monday, July 31, 2023, to discuss its financial results for the second quarter ended June 30, 2023. The financial results will be issued in a press release prior to the call. SuperCom management will host the conference call, followed by a question-and-answer period.
growth-positive
Unleashing the Power of AI: SuperCom Incorporates Advanced AI Capabilities to Enhance Its Electronic Monitoring Offerings
SuperCom has announced the integration of cutting-edge AI capabilities into its PureSecurity electronic monitoring platform. The new AI capabilities aim to provide customers with real-time data insights and enhanced decision-making processes. The features of SuperComs new AI capabilities include automation for daily monitoring activities, advanced data analysis, and predictive monitoring. These capabilities can help revolutionize tracking and monitoring offender processes, enhance operational efficiency, and program effectiveness. SuperCom aims to redefine industry standards and empower clients in the public safety sector. The integration of AI technology further strengthens SuperComs position as a technology leader in the industry.
CustomersExpand
growth-positive
SuperCom Secures Over $500,000 in Additional Annual Recurring Revenue in California
SuperComs subsidiary, Leaders in Community Alternatives (LCA), has expanded its contractual agreements with multiple long-term existing clients in California, resulting in over $500,000 in annual recurring contract value. The expansions highlight the companys commitment to delivering outstanding services and positively impacting more lives. SuperCom plans to continue expanding its market presence across the US and fostering long-term partnerships with customers to promote organic growth.
Customers
growth-positive
SuperCom to Present at LD Micro Invitational XIII
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO will present a corporate overview and host one-on-one meetings with investors at the 13th Annual LD Micro Invitational. The presentation will be held in June 2023.
InvestmentPublic Trading
growth-positive
SuperCom Reports 109% YoY Revenue Growth for the First Quarter 2023
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported a 109% YoY revenue growth for Q1 2023, marking its third consecutive quarter of revenue growth. The company also reported positive EBITDA for the third consecutive quarter. SuperCom was awarded and launched a $33 Million national EM project in Romania and a $3.6M national EM project in Finland. The companys subsidiary, LCA, won a $4.25 million contract to provide adult reentry services in a Northern California county. SuperCom also raised $2.4 million in gross proceeds in a registered direct offering in Q1 2023.
InvestmentCustomersExpand
growth-positive
SuperCom to Report First Quarter 2023 Financial Results on May 15, 2023
SuperCom will hold a conference call to discuss its financial results for the first quarter of 2023.
Public Trading
growth-positive
SuperCom Reports 69% YoY Quarterly Revenue Growth for the Fourth Quarter 2022
SuperCom, a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, reported its financial results for the twelve months and fourth quarter ended December 31, 2022. The company saw a 44% increase in annual revenue to $17.7 million and a 69% increase in Q4 revenue to $5.1 million. SuperCom also reported significant improvements in operating and net losses. The company was awarded and launched a $33 million national EM project in Romania and secured several other contracts in Finland, Sweden, Croatia, and the US. SuperCom also launched new proprietary products, PureProtect and PureOne, expanding its market presence.
CustomersExpand
growth-positive
SuperCom to Report Full Year 2022 Financial Results on April 20, 2023
SuperCom will hold a conference call to discuss its financial results for the year ended December 31, 2022. The call will be hosted by SuperCom management and will include a question-and-answer period. The company is a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors. SuperCom offers traditional and digital identity solutions to governments and organizations worldwide. They provide advanced safety, identification, and security solutions, as well as RFID and mobile technology products and services for various industries. The conference call will take place on April 20, 2023.
Management Changes
growth-positive
SuperCom Announces Closing of $2.4 Million Registered Direct Offering
SuperCom has closed a registered direct offering and concurrent private placement, raising approximately $2.4 million in gross proceeds. The company intends to use the net proceeds for general corporate purposes and to support its growth strategy. Maxim Group LLC acted as the sole placement agent for the offerings. The offering was made under SuperComs shelf registration statement, and the private placement was conducted under Regulation D. The ordinary shares and warrants were offered at a combined effective purchase price of $1.60 per share. SuperCom has also amended certain existing warrants to have an exercise price of $1.66 per share. The company provides secured solutions for the e-Government, IoT, and Cybersecurity sectors.
Investment
growth-positive
SuperCom Announces Pricing of $2.4 Million Registered Direct Offering
SuperCom has entered into a securities purchase agreement with a single institutional investor to purchase approximately $2.4 million worth of its ordinary shares in a registered direct offering. The company has also agreed to issue warrants to purchase up to an aggregate of 1,517,615 ordinary shares. The Offering is expected to close on or about March 31, 2023. SuperCom is a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors.
Investment
growth-positive
SuperCom Receives $7.1 Million Follow-On Order by Romania's Ministry of Interior
SuperCom, a global provider of secured solutions, has received a second order valued at approximately $7.1 million from Romanias Ministry of Interior for its National Electronic Monitoring (EM) Project. The project includes the deployment of SuperComs PureSecurity EM Suite for domestic violence monitoring, GPS tracking of offenders, and a home detention monitoring program. The order is expected to be delivered within the first half of 2023. SuperComs CEO expressed delight in continuing the partnership with the Romanian government and stated that the company is solidifying its position as a leader in the electronic monitoring market. SuperCom has a pipeline of over $200 million of potential projects and a strong base of recurring revenues. The companys PureSecurity Suite provides an end-to-end electronic monitoring solution for correctional facilities and law enforcement agencies.
Customers
growth-positive
SuperCom Receives $7.1 Million Follow-On Order by Romania's Ministry of Interior
SuperCom, a global provider of secured solutions, has received a second order valued at approximately $7.1 million from Romanias Ministry of Interior for its National Electronic Monitoring (EM) Project. The project includes the deployment of SuperComs PureSecurity EM Suite for domestic violence monitoring, GPS tracking of offenders, and a home detention monitoring program. This order solidifies SuperComs position as a leader in the electronic monitoring market and supports its global growth strategy. The company expects to deliver the order within the first half of 2023. SuperComs PureSecurity Suite is an end-to-end electronic monitoring solution designed for correctional facilities and law enforcement agencies.
Customers
growth-negative
SuperCom Announces it Has No Exposure to Silicon Valley Bank and Signature Bank
SuperCom has announced that it has no exposure to Silicon Valley Bank and Signature Bank and does not have any banking relationship with either of these banks.
Partners
growth-positive
SuperCom Launches $3.6 Million National Electronic Monitoring Project in Finland
SuperCom has launched a $3.6 million project with the national government of Finland to deploy its PureSecurity Electronic Monitoring (EM) Suite. The project aims to improve public safety, reduce prison overcrowding, and lower recidivism in Finland. The contract is valued at approximately $3.6 million, and SuperCom expects to generate recurring revenues in the near future. The project includes offerings such as prison inmate monitoring, GPS tracking of offenders, RF monitoring for house arrest, and officer and offender mobile solutions. SuperComs PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform.
Customers
One SuperCom Ltd. (NASDAQ:SPCB) Analyst Just Cut Their EPS Forecasts
Sidoti's January Micro-Cap Conference
growth-positive
SuperCom to Present at Sidoti Virtual Investor Conference
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that its President and CEO will present a corporate overview and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference. The presentation will be accessible live and SuperCom will also host virtual one-on-ones with investors. Registration is free and the presentation will be posted on SuperComs website. SuperCom has been providing advanced safety, identification, and security solutions to governments and organizations worldwide since 1988. They offer a range of RFID and mobile technology products and services for various industries.
Investment
growth-positive
SuperCom's Cyber Security Division Announces $270,000 Order
SuperComs cybersecurity subsidiary, Safend, received an order of approximately $270,000 from a government security agency to renew and grow their existing cybersecurity protection programs. The updated programs are expected to include tens of thousands of end-point machines and integration with existing government infrastructure and systems. Safend has a long-term partnership with this agency and has provided them with encryption and data protection solutions for many years. The order signifies the agencys continued trust in Safends technology to safeguard their critical assets and ensure the security of their systems and data.
Customers
growth-positive
SuperCom's Cyber Security Division Announces $270,000 Order
SuperComs cybersecurity subsidiary, Safend, has received an order of approximately $270,000 from a government security agency to renew and expand their existing cybersecurity protection programs. The updated programs will include tens of thousands of end-point machines and integration with existing government infrastructure and systems. Safends technology helps clients protect their critical assets and ensures the security of their systems and data. Safend is a leading developer of information security solutions and has sold over 3 million licenses to over 3,000 customers worldwide. SuperCom is a global provider of traditional and digital identity solutions.
Customers
growth-positive
SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement
SuperCom has regained compliance with Nasdaqs minimum bid price rule, ensuring continued listing on the Nasdaq Capital Market. The company provides secured solutions for the e-Government, IoT, and Cybersecurity sectors. SuperCom offers traditional and digital identity solutions, including RFID technology, to governments and organizations worldwide. The companys all-in-one RFID and mobile technology suite is used in various industries such as healthcare, security, law enforcement, and more. SuperComs compliance with the minimum bid price rule demonstrates its financial stability and growth potential.
Public Trading
growth-positive
SuperCom's Cyber Security Division Announces $600,000 in Orders
SuperComs subsidiary Safend, a data protection and cybersecurity company, has received orders totaling approximately $600,000 for license fees and recurring maintenance fees. The orders represent additional seat expansion for over 50,000 seats. Safend provides encryption and data protection solutions to government agencies and enterprise organizations. The repeated choice of Safend by major governmental organizations confirms the high quality of their services and solutions. Safends Data Protection Suite modules included in the orders are the Safend Protector and Safend Encryptor. These orders contribute to the growth of SuperComs cybersecurity division.
CustomersExpand
growth-positive
SuperCom's Cyber Security Division Announces $600,000 in Orders
SuperComs subsidiary Safend, a data protection and cybersecurity company, has received orders totaling approximately $600,000 for license fees and recurring maintenance fees. The orders represent renewals and seat expansions for over 50,000 licenses. Safends solutions are chosen by major governmental organizations for their high quality and are expected to be integrated with existing government infrastructure and systems. The customers renew their contracts year after year, demonstrating their confidence in Safends industry-leading solutions. The orders include Safend Protector, Safend Encryptor, and AVScan Integration modules. Safend has sold over 3 million licenses to more than 3,000 customers worldwide.
CustomersExpand
growth-positive
SuperCom wins $4.25M contract for biometric monitoring in California | Biometric Update
SuperComs subsidiary, Leaders in Community Alternatives (LCA), has been awarded a new contract by a Northern California county to provide adult reentry services, including biometrics. The agreement is valued at up to $4.25 million over five years. This contract is expected to increase SuperComs presence in the region and provide a platform for LCA to offer a full range of services. SuperCom has experienced growth, doubling its revenue in the third quarter of 2022. The contract comes after SuperCom approved a 1-for-10 reverse stock split of its ordinary shares.
Customers
growth-positive
SuperCom Wins New Project in Northern California Valued at up to $4.25 million
SuperComs subsidiary, Leaders in Community Alternatives (LCA), has won a new project contract with a Northern California county to provide adult reentry services. The contract is valued at up to $4.25 million over 5 years, or approximately $850,000 per year. The project focuses on reentry services, including case management, substance abuse education, job preparedness, and criminogenic risk reduction. The contract is expected to increase SuperComs annual recurring revenues by approximately $850,000 and provide a platform for LCA to offer its full range of services to the county. The project is set to launch in the first half of 2023.
Customers
growth-positive
SuperCom Announces Reverse Stock Split
SuperCom has announced a 1-for-10 reverse stock split of its ordinary shares, which will begin trading on a split-adjusted basis on November 23, 2022. The reverse stock split is expected to attract fundamental institutional investors and help maintain the companys Nasdaq listing. SuperCom has recently made significant progress, including winning a $33 million national EM project in Romania and achieving over 100% revenue growth and positive EBITDA in the third quarter of 2022. The reverse stock split will not affect the companys operations or overall size and growth potential. It will reduce the number of outstanding shares from 41,980,101 to approximately 4,198,010 shares.
Public Trading
growth-positive
SuperCom Reports Year-over-Year Revenue Growth of 102% for the Third Quarter 2022
SuperCom, a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, reported its Q3 2022 results, with revenue of $6.3 million and gross profit of $2.1 million, approximately double compared to the same period last year. The company also reported a positive EBITDA of $0.4 million. SuperCom won and launched a $33 million national EM project in Romania, the largest new European EM project awarded in the industry this year. It also won a new $1.7 million contract with an existing customer of the e-Government division and signed new GPS monitoring contracts in Idaho and Texas.
CustomersInvestment
growth-positive
SuperCom Wins New $1.7 million Contract
SuperCom has secured a new $1.7 million contract with an existing customer of its e-Government division. The contract is expected to be deployed over the next 6 months, starting by the end of October 2022. The company expressed satisfaction in winning the contract from a long-standing customer, highlighting strong customer satisfaction in their products and services. SuperCom aims to continue enhancing its technology capabilities, providing outstanding services to existing customers, and winning new customers worldwide to support its growth goals.
Customers
growth-positive
SuperCom Launches $33 Million National Electronic Monitoring Project in Romania
SuperCom has executed a contract with Romanias Ministry of Interior for a project worth over $33 million. The project involves the deployment of SuperComs PureSecurity Electronic Monitoring (EM) Suite for Domestic Violence monitoring, GPS Tracking of offenders, and a home detention monitoring program. The contract is expected to bring growth and improve public safety for SuperCom. The company plans to deliver an initial order worth over $7 million by October 1st, 2022. SuperCom sees this contract as a validation of its strategy to scale up operations and expand its footprint in more nations worldwide. The company anticipates additional wins in the future as it establishes itself as a leading global EM solution provider.
Customers
growth-positive
Digital identity solutions co SuperCom jumps 62%
SuperCom, an Israeli digital identity solutions company, has won a $33 million contract from an EU member country to deploy its PureSecurity Electronic Monitoring (EM) Suite. The contract is for five years and is the largest European EM project awarded so far this year. SuperComs CEO, Ordan Trabelsi, expressed excitement about the award and stated that it validates their strategy to scale up operations and improve public safety in more nations. He also mentioned that there are several more large-scale national European EM projects expected to be concluded in 2022 and 2023, with a total estimated value of over $200 million. Despite a significant share price decline in 2021, SuperCom currently has a modest market cap of $13.25 million.
Customers
growth-positive
SuperCom Launches Croatia's first National Electronic Monitoring Project
SuperCom has launched a new project with the Ministry of Justice and Administration of Croatia to provide electronic monitoring solutions for offenders. The project aims to improve public safety efficacy, reduce prison overcrowding, and lower recidivism. SuperComs PureSecurity EM Suite will be deployed for five years, covering all EM offender programs in Croatia. The company sees this project as an opportunity to expand its geographical reach and win more government projects globally. SuperComs PureSecurity Suite offers a comprehensive set of features for electronic monitoring and tracking. The company has been providing identity and security solutions to governments and organizations worldwide since 1988.
Customers
growth-negative
https://www.jpost.com/israel-news/quarantine-tracking-bracelet-company-to-sue-israeli-govt-for-nis-40-m-676682
SuperCom, a tech company that manufactured bracelets for tracking travelers in Israel during quarantine, is demanding NIS 40 million in damages from the Health Ministry due to the controversial nature of the surveillance. The company is also left with thousands of unused bracelets after the government decided to switch to a tracking app. SuperComs stock has dropped significantly since being awarded the contract. The company sent a letter to the Health Ministry demanding the use of their technology for supervision. The Health Ministry and SuperCom had launched a pilot program, but it was later dropped.
CustomersPartners
growth-positive
SuperCom Closes $7 Million Financing
SuperCom, a global provider of secure solutions for the e-Government, IoT and Cybersecurity sectors, has closed a financing deal with gross proceeds of $7 million. The funds will be used to support the companys growth capital needs. SuperCom issued a 2-year unsecured, subordinated promissory note to an institutional investor. The company has been winning government tenders and introducing new technology, which has positioned it for growth. SuperCom plans to continue investing in research and development, as well as sales and marketing, to reach more customers.
Investment
growth-positive
SuperCom Names New President and CEO - Mr. Ordan Trabelsi
SuperCom, a global provider of secure solutions, has announced the appointment of Ordan Trabelsi as its new President and CEO. Trabelsi, who currently leads SuperComs business in the Americas, has been with the company since 2013 and has achieved significant growth in the US market. He has experience in mergers and acquisitions, financings, and go-to-market strategies. Trabelsis appointment is seen as a positive move for SuperComs future growth and expansion in developed countries and cutting-edge technologies. The company provides identity solutions and advanced security services to governments and organizations worldwide.
Management Changes
growth-positive
SuperCom's Cyber Security Division Selected by an Israeli Government Security Agency for a $1.2 Million Program
SuperComs cybersecurity division, Safend, has been selected for a 5-year End Point Cyber Security Protection program by an Israeli Government Security Agency. The program, with a budget of approximately $1.2 million, is expected to include up to approximately 40,000 end-point machines, as well as integration with existing government infrastructure and systems. The Safend Protection Suite modules Protector and Encryptor will be included in this offering. Safend expects that program launch will begin by the end of January 2021.
CustomersExpand
growth-positive
SuperCom Secures New Electronic Monitoring Contract in California
SuperCom has secured a new GPS monitoring contract in California with a private company serving the judicial services market. The contract is for SuperComs PureTrack smartphone GPS tracking products and is structured as a per unit per day lease model. The company expects an increase in long-term recurring revenues and global footprint in the offender monitoring market.
Customers
growth-positive
SuperCom Launches New $1.2 Million National Electronic Monitoring Project in Europe
SuperCom has launched a new 5-year contract with the national government of Latvia valued at approximately $1.2 million. The contract is for the deployment of its enhanced PureSecurity Electronic Monitoring (EM) Suite, including RF House Arrest and GPS tracking. The project was won through a government-led bid process, and SuperCom was awarded the highest number of points for the quality portion of the RFP. The contract is expected to generate steady-state recurring revenues within a few months. SuperComs PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform.
Customers
growth-positive
SuperCom Ships Equipment for Three New Pilots of its People Tracking Solutions in the Caribbean, Central America and South America
SuperCom has shipped equipment for three new pilots of its people tracking solutions in the Caribbean, Central America, and South America. The solutions, which include secure smartphones and ankle-bracelets, are designed to assist government efforts in public safety and combating the spread of COVID-19. SuperCom sees potential in using its technology to solve multiple problems for individual customers. The companys COVID-19 quarantine technology solution includes the PureCare smartphone and additional security accessories. SuperComs PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform. The company has a demonstrated commitment to secured boundaries projects and has been successful in many countries across the globe. SuperCom continues to pursue new opportunities for its solutions and support government customers with innovation and technology.
CustomersExpand
growth-positive
SuperCom Awarded New 5 Year National Electronic Monitoring Contract in Latvia
SuperCom has been awarded a new 5-year contract with the national government of Latvia to deploy its PureSecurity Electronic Monitoring Suite. The contract will cover all cases nationwide requiring electronic monitoring of offenders using RF House Arrest and GPS tracking solutions. SuperComs enhanced product suite will introduce new capabilities and enhancements. The contract is expected to generate steady-state recurring revenues within a few months from project launch. The award reflects the increasing need for technology in the industry and the confidence existing customers have in SuperComs solutions.
Customers
growth-positive
SuperCom Launches National Electronic Monitoring Project in Estonia
SuperCom Ltd. has secured a contract with the national government of Estonia to deploy its Pure Security Electronic Monitoring (EM) Suite with an emphasis on house arrest. The contract is expected to generate steady-state recurring revenues for up to 4.5 years, with an estimated contract size of $1.35M. SuperCom competed against other providers for this business and displaced the incumbent EM vendor. The company expects to begin generating recurring revenues from this new business within a few months.
Customers
growth-positive
SuperCom wins M contract for electronic monitoring project in Sweden Biometric Update
SuperCom has secured a $7M USD contract with the national government of Sweden to deploy its PureSecurity Electronic Monitoring Suite. The contract will cover all prison and probation electronic monitoring offender programs in Sweden and has a duration of up to eight years. SuperCom expects to deploy the initial order and start generating recurring revenues in the coming months.
CustomersExpand
growth-positive
SuperCom Patented IP for the Mobile Networks and Mobile Phone Industries Are Allegedly Widely Used by Key Industry Players
SuperCom announces that its patent protected IP is being widely used by mobile networks and mobile phone industries. The company has received an analysis indicating that global leading mobile phone and mobile network providers are allegedly using SuperComs patented IP. SuperCom holds key patents related to power control, fast reentry after handover, core protocols for handling Wifi calling and Wifi offloading, handover in HetNet networks, resource allocation in HetNet networks, LTE SU-MIMO and LTE MU-MIMO technologies, and load balancing and carrier aggregation. The impact on the company is growth-positive.
Partners
growth-positive
SuperCom to Deploy National Domestic Violence EM Project in Sweden
SuperCom plans to launch a national domestic violence EM project with the Swedish Police. This marks the second national Electronic Monitoring project that SuperCom won in Sweden within the past couple of months. The initial deployment will include certain PureSecurity offerings, including continuous GPS tracking and monitoring of domestic violence related offenders. SuperComs PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform.
Customers
growth-positive
SuperCom Secures $4 Million e-Gov Contract
SuperCom has signed a new $4 million contract with a national government customer in Africa. The contract is expected to grow SuperComs steady state revenues and represents approximately $4 million in value, the majority of which is expected to be recognized over the next two years. This new contract demonstrates the additional revenue opportunities within SuperComs current customer base and the continued relevance and superiority of its solutions. The customer has been with SuperCom for more than a decade and has renewed with them several times. SuperCom aims to enrich this mutually productive relationship and grow other existing e-Gov relationships as well.
Customers
growth-positive
SuperCom Awarded a $3 Million e-ID Contract
SuperCom has been awarded a new contract worth over $3 million. The contract is for providing core elements of its flexible electronic-ID solutions, with potential for additional follow-on orders in the future. SuperCom expects to recognize full revenue from this contract by August 2017. The company sees this contract as a continuation of a long-term relationship with its customers and expects more orders in the future.
Customers
growth-positive
SuperCom Awarded $4.5 million Electronic GPS Tracking and Monitoring Project in Asian Country
SuperCom has been selected by a new Asian national government customer to deploy a turnkey Electronic GPS Tracking and Monitoring Turn-Key system. The deployment is expected to be completed by end of Q2 2017. SuperCom expects this program to begin by GPS tracking and monitoring of several thousands of units simultaneously, with potential for further growth.
Customers
growth-positive
SuperCom to Launch Mobile Wallet Solution with VeriFone and Nofshonit in Israel
SuperCom has been selected by Nofshonit, a loyalty club provider in Israel, to provide an e-wallet solution for digital loyalty and pre-paid shopping programs. The solution will allow for mobile payments at point-of-sale and will be used by Nofshonits one million active clients. SuperComs President and CEO, Arie Trabelsi, believes that this agreement can significantly broaden the market penetration for SuperComs e-wallet and mobile payments solutions. The revenue generated from this partnership will be shared between Knowledge4all, VeriFone, and SuperCom. The roll-out of the solution has already begun and will continue over the next few months.
CustomersPartners
growth-positive
SuperCom buys Israeli cyber security co PreVision
SuperCom Ltd. is acquiring cyber-security company PreVision for up to $2.5 million in cash. PreVision provides security solutions for the protection of strategic assets to governments, militaries, and large organizations. The acquisition is part of SuperComs strategy to offer supplementary security solutions to its client base. SuperCom had $6 million in cash at the end of the third quarter and has an open prospectus to raise up to $50 million on Wall Street. The acquisition is expected to be finalized within 60 days. SuperCom is traded on the Nasdaq with a market cap of $137 million dollars.
Acquisition
growth-positive
SuperCom buys back SmartID division from OTI
SuperCom has acquired OTIs SmartID division for $10 million, with an additional $12.5 million in milestone payments. The acquisition will triple SuperComs revenue base and strengthen its position in the EID market. SuperCom is planning a reverse share split to meet Nasdaq listing conditions and raise $20 million for future acquisitions. The companys largest shareholder is private equity firm Sigma Wave Ltd.
Acquisition
SuperCom Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 157 |
| Team members | 4 |
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 520044074 |
| Crunchbase | supercom |
| Phone | +97298890880 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-06-04T00:00:00.000Z |
| Created | 2014-07-27T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on NASDAQ on Jun, 2015; |