SuperCom

SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to government, private and public organization. It operates through the following divisions: e-Gov, IoT and Connectivity (IoT), and Cyber Security. The e-Gov division provides solutions for traditional and biometrics enrollment, personalization, issuance and border control services. The IoT division products and services reliably identify, track, and monitor people or objects in real time, enabling the customers to detect unauthorized movement of people, vehicles, and monitored objects. The Cyber Security division is involved in the comprehensive solutions to protect the organization's sensitive data residing on servers, laptops, and detachable devices. The company was founded by Jack Hasan and Eli Rozen on July 4, 1988 and is headquartered in Tel Aviv, Israel.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

SuperCom achieves record earnings, eyes U.S. expansion and market leadership

SuperCom's Q1 2024 performance reflects strong financial growth and market leadership in electronic monitoring technology. The company's focus on innovation, AI capabilities, and customer relationships positions it for sustainable expansion. Addressing capital raise concerns and optimizing payment terms are key challenges, while opportunities lie in new market segments and leveraging past successes for future growth.

SuperCom reports stellar Q2 earnings, poised for strategic growth

SuperCom's Q2 2024 performance reflects robust financial growth, operational efficiency, and strategic expansion into new markets, underpinned by innovative technology solutions.
The company's prudent debt management and focus on market opportunities position it well to navigate challenges and capitalize on growth prospects in the government and U.S. markets.
With a strong financial foundation, SuperCom is poised to sustain its growth momentum, drive revenue through strategic initiatives, and enhance shareholder value in the future.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SuperCom Ltd. engages in the provision of traditional and digital identity solutions. It offers identification, tracking, and security products to government, private and public organization. It operates through the following divisions: e-Gov, Internet of Things (IoT), and Cyber Security. The e-Gov division provides solutions for traditional and biometrics enrollment, personalization, issuance and border control services. The IoT division products and services reliably identify, track, and monitor people or objects in real time, enabling the customers to detect unauthorized movement of people, vehicles, and monitored objects. The Cyber Security division is involved in the comprehensive solutions to protect the organization's sensitive data residing on servers, laptops, and detachable devices. The company was founded by Jack Hasan and Eli Rozen on July 4, 1988 and is headquartered in Tel Aviv, Israel.

TEL AVIV, Israel , March 13, 2023 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, has announced today that it has no exposure to Silicon Valley Bank and Signature Bank. Neither SuperCom, nor any of its subsidiaries, have any banking relationship with either of these banks.

SuperCom Announces it Has No Exposure to Silicon Valley Bank and Signature Bank

Project Deployment and Recurring Revenue Generation Expected to Start in the Near Future TEL AVIV, Israel , March 1, 2023 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced it has launched a $3.6 million project with the national government of Finland to deploy its PureSecurity Electronic Monitoring (EM) Suite. This launch follows the progression of the competitive tender win in Finland previously announced, the successful completion of an appeal process, contract negotiations, and contract execution.

SuperCom Launches $3.6 Million National Electronic Monitoring Project in Finland

TEL AVIV, Israel , Jan. 9, 2023 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that President and CEO Ordan Trabelsi will present a corporate overview and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference, taking place on January 18-19, 2023. The presentation will begin at 09:15 AM ET on January 19 and can be accessed live via this link.

SuperCom to Present at Sidoti Virtual Investor Conference

Major government security agency has purchased renewals and  expansions for its cyber security protection programs TEL AVIV, Israel , Dec. 20, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that Safend, its data protection and cybersecurity subsidiary, received an order of approximately $270,000 from a government security agency to renew and grow their existing cybersecurity protection programs. Safend has provided this long-term government agency customer with a broad range of competitive and well-known encryption and data protection solutions for many years.

SuperCom's Cyber Security Division Announces $270,000 Order

Major defense and government security organizations have purchased renewals for over 50,000 licenses cumulatively with an option for expansion TEL AVIV, Israel , Nov. 30, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that a fully-owned subsidiary in its cyber security division, Safend, a data protection and cybersecurity company, received orders totaling approximately $600,000. These orders represent license fees for additional seat expansion and recurring maintenance fees for over 50,000 seats.

SuperCom's Cyber Security Division Announces $600,000 in Orders

Project Expected to Increase Annual Recurring Revenues by approximately $850,000 and Provide a Platform to Offer a Full Range of Services to the County NEW YORK , Nov. 28, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that its fully-owned subsidiary, Leaders in Community Alternatives (LCA), has won a new project contract with a Northern California county to provide adult reentry services. LCA has provided services in this county for many years, including adult day reporting services and electronic monitoring.

SuperCom Wins New Project in Northern California Valued at up to $4.25 million

A 1-for-10 reverse split of SuperCom (SPCB) shares has gone into effect. These are the details.

SuperCom (SPCB) Stock: 1-For-10 Reverse Split Goes Into Effect

Shares Will Begin Trading on a Split-Adjusted Basis on November 23, 2022 TEL AVIV, Israel , Nov. 23, 2022 /PRNewswire/ -- SuperCom  (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that its Board of Directors and Stockholders has approved a 1-for-10 reverse stock split of its ordinary shares. SuperCom's ordinary shares will begin trading on a split-adjusted basis at commencement of trading on November 23, 2022.

SuperCom Announces Reverse Stock Split

SuperCom Ltd. (NASDAQ:SPCB ) Q3 2022 Earnings Conference Call October 26, 2022 9:00 AM ET Company Participants Stephanie Prince - PCG Advisory Ordan Trabelsi - President and CEO Conference Call Participants Operator Ladies and gentlemen, good morning, and welcome to the SuperCom Third Quarter 2022 Financial Results and Corporate Update Conference Call.

SuperCom Ltd. (SPCB) Q3 2022 Earnings Call Transcript

Reports Q3 Revenue of $6.3 million and Gross Profit of $2.1 million, approximately double compared to the third quarter of last year, and swing to Positive EBITDA of $0.4 million TEL AVIV, Israel , Oct. 26, 2022 /PRNewswire/ --  SuperCom  (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the third quarter of 2022, ended September 30, 2022.   Third Quarter Financial Highlights Ended September 30, 2022 (Compared to the Third Quarter of 2021) Revenue increased 102% to $6.3 million from $3.1 million  in the third quarter of last year and increased 97% from $3.2 million in the second quarter of 2022.

SuperCom Reports Year-over-Year Revenue Growth of 102% for the Third Quarter 2022

TEL AVIV, Israel , Oct. 21, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Wednesday, October 26, 2022, at 9:00 a.m. Eastern time (6:00 a.m.

SuperCom to Report Third Quarter 2022 Financial Results on October 26, 2022

New Contract with existing customer expected to be deployed over next 6 months TEL AVIV, Israel , Sept. 29, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that it, has secured a new $1.7 million contract by an existing customer of its e-Government division.

SuperCom Wins New $1.7 million Contract

Initial Order delivery of over $7 million and Domestic Violence Monitoring Program Go-Live is expected by October 1 st, 2022 TEL AVIV, Israel , Sept. 12, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that, together with its local partner, it has executed the contract and launched the over $33 million project with Romania's Ministry of Interior, following the award announced on August 24 th.

SuperCom Launches $33 Million National Electronic Monitoring Project in Romania

TEL AVIV, Israel , Sept. 12, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced that President and CEO Ordan Trabelsi will present a corporate overview at the three-day H.C.

SuperCom to Participate in H.C. Wainwright Annual Global Investment Conference

Bright Minds Biosciences

Mullen Automotive

Here's what you need to know about buying penny stocks on August 25th The post Can These Penny Stocks Explode Today? 3 to Watch  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Can These Penny Stocks Explode Today? 3 to Watch

Electronic Monitoring Program Go-Live is expected within 90 days of Project Launch TEL AVIV, Israel , Aug. 24, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that it, together with its local partner, has been awarded an over $33 million contract by the national government of an European Union (EU) member country to deploy its PureSecurity Electronic Monitoring (EM) Suite for a domestic violence monitoring, GPS Tracking of offenders and home detention monitoring program. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform with a comprehensive set of innovative features, including advanced anti-tamper mechanisms, multi-factor biometrics, the newest location technologies and sensors, practically limitless historic data, seamless 3rd party API integration, and an ultra-light weight ankle-bracelet with proprietary energy efficiency algorithms.

SuperCom Awarded $33 Million National Electronic Monitoring Contract of EU Member Country

SuperCom Ltd. (NASDAQ:SPCB ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Stephanie Prince - PCG Advisory Ordan Trabelsi - President and CEO Conference Call Participants Operator Ladies and gentlemen, good morning, and welcome to SuperCom's Second Quarter 2022 Financial Results and Corporate Update Conference Call.

SuperCom Ltd. (SPCB) CEO Ordan Trabelsi on Q2 2022 Results - Earnings Call Transcript

10th New contract win in the USA in less than a year OAKLAND, Calif. , Aug. 9, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that it has secured an agreement with a new customer and strategic partner, one of the largest private probation and judicial drug testing companies in the Commonwealth of Kentucky and a leading provider of electronic monitoring (EM) products and services.

SuperCom Wins New Electronic Monitoring Contract in Kentucky

Revenue of $3.2 million reflecting year-over-year and sequential quarterly growth TEL AVIV, Israel , Aug. 9, 2022 /PRNewswire/ -- SuperCom  (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the second quarter of 2022 ended June 30, 2022.  Second Quarter Ended June 30, 2022 , Financial Highlights (Compared to the Second Quarter of 2021) Revenue increased to $3.2 million from $3.1 million in the second quarter of last year, and from $3.0 million in the first quarter of 2022.

SuperCom Reports Second Quarter 2022 Financial Results

TEL AVIV, Israel , Aug. 2, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, will hold a conference call on Tuesday, August 9, 2022 at 8:30 a.m. Eastern time (5:30 a.m.

SuperCom to Report Second Quarter 2022 Financial Results on August 9, 2022

Another County Juvenile Department contracts with SuperCom to use PureTrack smartphone GPS monitoring solution for Offender Monitoring OAKLAND, Calif. , July 26, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today the signing of a third new GPS monitoring contract in Idaho.

SuperCom Announces 3rd New Government Electronic Monitoring Contract in Idaho

A new contract continues Supercom's momentum in securing new EM contracts in the US and Europe OAKLAND, Calif. , July 21, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new contract to deploy its Pure Security suite of electronic monitoring with a new customer in South California.

SuperCom Secures New Electronic Monitoring Contract in South California

After successful live product evaluation, SuperCom secures new contract for the PureTrack GPS tracking platform. OAKLAND, CA , July 20, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it had signed a new GPS monitoring contract in Texas to monitor juvenile probation clients.

SuperCom Announces New Government Electronic Monitoring Contract in Texas

No immediate effect on Nasdaq listing or trading of the Company's ordinary shares TEL AVIV, Israel , June 14, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors announced that it has it received a notification letter from Nasdaq that the Company has been granted an additional 180-day compliance period, or until December 12, 2022 to regain compliance with Nasdaq's minimum bid price rule.   Nasdaq's determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period and if necessary, by effecting a reverse stock split.

SuperCom Granted 180-Day Extension by NASDAQ to Regain Compliance with Minimum Bid Price Rule

Marks SuperCom's third national electronic monitoring project in Sweden and its fifth national project in the Nordic countries.  TEL AVIV, Israel , May 17, 2022 SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has secured a contract with the Swedish National Board of Institutional Care for a full-scale high-security Juvenile electronic monitoring project in the country.

News for SuperCom Stock (SPCB)