Core Insights - SuperCom has secured a new electronic monitoring contract in Tennessee, marking its entry into the 11th U.S. state since mid-2024, highlighting the company's rapid expansion in the North American public safety market [1][4] - The Tennessee provider has transitioned existing GPS programs to SuperCom's PureSecurity platform and will also launch domestic violence programs, showcasing the advantages of SuperCom's EM solutions [2][3] - The contract follows a recurring revenue model, billed monthly based on total daily units, which is common for electronic monitoring programs in the U.S. [3] Company Expansion - SuperCom has entered 11 new U.S. states and secured 10 new service provider agreements along with over 20 new direct contracts in less than a year [4] - The company aims to enhance public safety and improve efficiency through its advanced electronic monitoring technology, as more agencies upgrade from legacy systems [4] Technology and Solutions - SuperCom's Pure One and PureShield solutions will be implemented under the new agreement, supporting both current operations and future program expansion [3] - The company's proprietary platform and proven deployment capabilities are key factors in attracting government agencies and service providers globally [4][5]

Core Insights - SuperCom's subsidiary, Leaders in Community Alternatives (LCA), has secured a contract in Northern California valued at up to $2.5 million over five years to provide reentry services for justice-involved individuals, expected to generate approximately $500,000 in annual recurring revenue [1][2][3] Group 1: Contract Details - The contract includes a three-year initial term with two optional one-year extensions, reinforcing LCA's established presence in the region [1][2] - LCA will offer community-based reentry programming, including case management, employment support, and behavioral health referrals, aimed at reducing recidivism and promoting community safety [3][4] Group 2: Company Reputation and Strategy - The contract win highlights SuperCom's reputation as a trusted provider of public safety solutions, particularly in California, and reflects the company's competitive advantage through customized offerings [4][5] - SuperCom has recently secured over 20 direct contracts and expanded into 10 new states, indicating a strong growth trajectory and long-term value potential in the public safety sector [5] Group 3: Company Background - SuperCom has been a global provider of secure solutions since 1988, focusing on e-Government, IoT, and Cybersecurity sectors, with a comprehensive suite of advanced safety and identification solutions [6] - LCA has over 33 years of experience in providing community-based services and electronic monitoring programs, utilizing evidence-based practices to address recidivism [7]

Core Insights - SuperCom has secured a new contract with a Southeast-based service provider to introduce its Electronic Monitoring technology into Florida and Mississippi, marking the company's continued expansion in the U.S. market [1][4] - This partnership is the ninth new service provider collaboration since mid-2024, indicating a strong validation of SuperCom's technology and market strategy [4] Company Overview - SuperCom is a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, with a history dating back to 1988 [5] - The company specializes in advanced safety, identification, and security solutions, including electronic monitoring, which supports public safety and rehabilitation efforts [5] Technology and Services - SuperCom's proprietary technology was selected for its innovative design, which combines secure and accurate monitoring with a lightweight device, enhancing user experience [3] - The new agreement will allow the service provider to expand its offerings to include SuperCom's advanced electronic monitoring technology, improving compliance monitoring and case management for court-ordered supervision [3][4] Market Position - The collaboration leverages the service provider's established presence and relationships with local agencies, facilitating faster market entry for SuperCom [4] - The partnership is expected to enhance public safety by enabling more effective monitoring and management of community supervision programs [2][3]

Core Insights - SuperCom has been awarded a statewide technology procurement contract by the North Carolina Sheriff's Association, becoming the only new electronic monitoring technology provider selected through a competitive RFP process [1][4] - This contract allows all counties in North Carolina to contract directly with SuperCom on preset terms, facilitating efficient purchasing for law enforcement and public safety agencies [1][2] - The company plans to present its technology at a large conference organized by the North Carolina Sheriff's Association, aiming to expand its reach across the state [3] Company Performance - SuperCom met stringent requirements for the contract, including financial stability and positive feedback from five active U.S. customers [2] - Multiple solutions from SuperCom's Pure Security suite, including PureOne, PureTrack, and PureShield, were approved for procurement under this contract [2] - The contract will follow a recurring revenue model, with billing based on daily unit count [3] Strategic Expansion - The contract win is seen as a significant milestone in SuperCom's expansion strategy within the U.S. public safety market [4] - The company is exploring new avenues for U.S. expansion, with this award providing a potentially impactful opportunity [5] - State-level procurement vehicles are expected to enable faster sales cycles and broader access to counties across the U.S., enhancing SuperCom's confidence in its expansion trajectory [5]

Core Insights - SuperCom has rapidly expanded its presence in the U.S. electronic monitoring market, securing over 20 new contracts and entering 10 new states since mid-2024 [1][4] - The company has partnered with a Nebraska-based service provider to deploy its PureSecurity EM technology, transitioning existing GPS programs to SuperCom's platform [2][3] - The agreement establishes SuperCom as the primary EM technology partner, with a revenue model based on the number of daily units [3] Financial Performance - SuperCom reported record Q1 2025 results, achieving $4.2 million in net income and an earnings per share (EPS) of $1.20 [4] Market Demand - The recent acceleration in contract wins reflects a growing demand for SuperCom's technology, with the company entering its third new state in under a month [4] - The company has also secured wins globally for domestic violence programs and over 15 national projects, indicating a strong interest from government agencies and service providers [4]

SuperCom (SPCB) Conference May 21, 2025 10:45 AM ET Speaker0 Alright. Let's let's get going. My name is Greg Burns. I'm an analyst at Sidoti. I'd like to welcome everyone here to Sidoti's May Microcap Conference, and thank you to, Supercom, ticker SPCB, for presenting, for us here this afternoon. Today from the company, we have Ordon Trebelsi, the company's president and CEO. He's gonna run through a presentation, and then we'll get to as much q and a at the end. If you do have a question, just enter it thr ...

Core Insights - SuperCom has secured a new electronic monitoring contract in Virginia, marking its ninth entry into a U.S. state since mid-2024, which highlights the company's rapid expansion in North America [1][4] - The Virginia service provider selected SuperCom after a thorough evaluation, demonstrating the company's competitive advantages in performance and innovation, leading to the displacement of the incumbent vendor [2][4] - SuperCom will transition the provider's current GPS electronic monitoring program to its PureOne™ GPS tracking technology, positioning itself as the primary technology partner for current and future operations in Virginia [3][4] Financial Performance - In the first quarter of 2025, SuperCom reported a record net income of $4.2 million and gross margins of 63.3%, indicating strong financial performance and growth potential [4] Strategic Expansion - The new contract in Virginia is part of SuperCom's broader U.S. expansion strategy, which aims to enter new regions, enhance recurring revenue, and support public safety with advanced technology [4]

SuperCom (SPCB) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Ordan Trabelsi - President and CEO Conference Call Participants Matthew Galinko - SVP & Senior Research AnalystNone - Analyst Operator Ladies and gentlemen, good morning, and welcome to Supercom's First Quarter twenty twenty five Financial Results and Corporate Update Conference Call. At this time, all participants are in a listen only mode. Participants of this call are advised that the audio of this conference call is bein ...

Financial Data and Key Metrics Changes - Revenue increased to $7,050,000 from $6,850,000, driven by new contract wins and expansion across U.S. and European programs [24] - Gross profit rose to $4,460,000, a 17.8% increase from $3,790,000 in the same period last year [24] - Gross margin improved significantly to 63.6% compared to 55.3% [25] - Operating income doubled year over year to $1,220,000, with operating margin improving to 17.3% from 10.5% [25] - GAAP net income was $4,230,000, a substantial improvement from $800,000 last year [25] - Non-GAAP net income totaled $5,240,000, up from $1,350,000 [26] - EBITDA for the quarter reached $2,500,000, representing a 25% year-over-year increase [26] - Cash and cash equivalents increased to $17,100,000 from $3,200,000 at year-end 2024 [27] Business Line Data and Key Metrics Changes - The company has secured over 70 multiyear government projects since 2018, with more than 20 new contracts added in the past year across North America [9][18] - The introduction of new products like Pure Protect and Pure One has expanded the addressable market and supported deeper penetration into existing geographies [12][17] Market Data and Key Metrics Changes - The electronic monitoring market is projected to reach around $2,300,000,000 by 2028, with the U.S. and Europe accounting for roughly 95% of this market [8][17] - The U.S. market is expected to grow to six times the size of the European market in the coming years [17] Company Strategy and Development Direction - The company focuses on three strategic pillars: innovative technology, expanding global presence, and delivering outstanding service [6][8] - The strategy includes significant R&D investments, with over $40,000,000 invested in technology platforms [7] - The company aims to lead in public safety through cutting-edge electronic monitoring technology and data-driven solutions [5] Management's Comments on Operating Environment and Future Outlook - Management emphasized the long-term nature of government contracts and the importance of tracking key indicators such as win rates and project mix [28] - Despite macroeconomic uncertainties, the company's solutions are increasingly relevant due to high recidivism rates and the escalating cost of incarceration [21] Other Important Information - The company has reduced long-term loans to $24,200,000 from $29,700,000 at year-end, reflecting a total reduction of over $10,000,000 year-over-year [26] - The company is evaluating strategic acquisition opportunities in the U.S. market to expand its footprint and enhance vertical integration [22][21] Q&A Session Summary Question: Can you touch on where your R&D is at this point? - The company is integrating AI to improve GPS solutions and battery life, enhancing reliability and performance compared to competitors [31][32] Question: How is the U.S. opportunity shaping up? - The U.S. market is fragmented, and the company is focused on planting seeds in various locations to expand its presence and grow projects over time [35][36] Question: Is there a risk regarding the political atmosphere in Romania? - The existing program in Romania is going well and is supported by major parties, with the EU mandating its implementation [42] Question: What percentage of opportunities do you see Supercom working through a reseller or service provider versus direct? - In the U.S., the company is familiar with the environment and works directly with many contracts, while also utilizing value-added resellers for additional services [49][50] Question: Do you have specific plans for the cash on the books? - The cash balance is intended for working capital increases and potential acquisitions to support strategic growth [60][61]

Non-GAAP Net Income $5.24 million; Non-GAAP EPS $1.5; Record Gross Margin 63.3%TEL AVIV, Israel, May 14, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the first quarter, ended March 31, 2025.First Quarter Ended March 31, 2025, Financial Highlights (Compared to the First Quarter of 2024) Revenue increased to $7.05 million, from $6.85 million. Gross profit grew 18% to $4.5 million, from $3.8 ...