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SuperCom Signs New Contract with Southeastern Electronic Monitoring Service Provider to Boost U.S. Market Expansion
Prnewswire· 2025-06-06 13:12
9th new service provider since mid-2024, this one to introduce SuperCom's Electronic Monitoring technology into Florida and Mississippi TEL AVIV, Israel, June 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it secured a new contract with an established Southeast-based service provider. The collaboration is expected to facilitate SuperCom's entrance into additional U.S. states, including Flori ...
SuperCom Awarded North Carolina Sheriff's Association Technology Procurement Contract
Prnewswire· 2025-06-04 12:54
Competitive statewide RFP win provides a platform for efficient expansion within the stateTEL AVIV, Israel, June 4, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has been awarded a statewide technology procurement contract by the North Carolina Sheriff's Association, emerging as the only new electronic monitoring technology provider selected through this competitive RFP. This contract serves a ...
SuperCom Secures New Contract in Nebraska, Expanding U.S. Presence into 10th New U.S. State in Less Than a Year
Prnewswire· 2025-05-27 13:00
Rapid U.S. Expansion: Over 20 new contracts, 8 new service providers, and 10 new states since mid-2024TEL AVIV, Israel, May 27, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new electronic monitoring (EM) contract through an agreement with an established service provider in Nebraska to immediately deploy its PureSecurity EM technology. This marks SuperCom's entry into its 10th ne ...
SuperCom (SPCB) Conference Transcript
2025-05-21 15:45
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 ...
SuperCom Secures New Contract in Virginia, Rapid U.S. Expansion Continues
Prnewswire· 2025-05-20 12:45
Marks SuperCom's 9th New U.S. State Entry Since Mid-2024 and Displacement of Another Incumbent TEL AVIV, Israel, May 20, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has successfully secured a new electronic monitoring (EM) contract with an established service provider based in Virginia to immediately deploy its PureSecurity Electronic Monitoring technology. This agreement marks SuperCom's en ...
Super .(SPCB) - 2025 Q1 - Earnings Call Transcript
2025-05-14 15:02
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 ...
Super .(SPCB) - 2025 Q1 - Earnings Call Transcript
2025-05-14 15:00
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]
SuperCom Reports Record Net Income of $4.2 Million and EPS of $1.2 for First Quarter 2025
Prnewswire· 2025-05-14 13:25
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 ...
SuperCom Signs New Contract with Canadian Electronic Monitoring Service Provider, Advancing North American Expansion
Prnewswire· 2025-05-08 13:25
Experienced partner to launch rollout of up to hundreds of GPS monitoring units from SuperCom's PureSecurity Suite TEL AVIV, Israel, May 8, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has signed a new contract with a seasoned electronic monitoring service provider based in Canada. This agreement marks another milestone in SuperCom's North American expansion and reinforces its growing global ...
SuperCom Secures New Electronic Monitoring Contract in Utah, Expanding U.S. Presence into 8th New State in Less Than a Year
Prnewswire· 2025-04-29 12:30
New Court Support Services Program Awarded Through Competitive ProcessTEL AVIV, Israel, April 29, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured a new electronic monitoring (EM) contract in Utah, marking its eighth new U.S. state entry since mid-2024. The contract was awarded through a competitive Request for Bid (RFB) process, where SuperCom's solution was selected over multiple o ...