SuperCom Secures Louisiana Electronic Monitoring Contract, Expands U.S. Presence to 16th New State [Accessibility Statement] Skip NavigationMarks 17th New Service Provider Partnership Since Mid-2024 and Continues Track Record of Incumbent DisplacementTEL AVIV, Israel, Feb. 12, 2026 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced a new electronic monitoring (EM) service provider contract in Louisiana. The ag ...

Core Insights - SuperCom has secured a new electronic monitoring service provider contract in Missouri, marking its first contract in the state and its 13th U.S. state entry since mid-2024 [1][4] - The company continues to replace long-time incumbent providers with its PureSecurity platform, demonstrating its competitive edge in the market [1][3] Company Expansion - The Missouri contract involves transitioning existing GPS tracking infrastructure to SuperCom's proprietary technology, following a competitive evaluation by the Missouri provider [2][3] - SuperCom has signed 15 service provider contracts and entered 13 new states since mid-2024, indicating a successful expansion strategy [4] Financial Performance - The company reported a record net income of $6 million and an EBITDA margin exceeding 35% for the first nine months of 2025, showcasing its operational and financial strength [4]

Financial Performance - For the third quarter ended September 30, 2025, SuperCom reported a revenue of $6.2 million, a decrease from $6.9 million in the same period of 2024 [5] - Gross profit increased to $3.8 million from $3.2 million, resulting in a gross margin expansion to 60.8% from 45.6% [5] - Operating income surged to $0.64 million from $0.03 million, and net income increased to $0.7 million from a net loss of $0.4 million [5] - Non-GAAP net income surged 450% to $1.9 million from $0.3 million, with a non-GAAP net margin of 30.5% compared to 5% [5] - EBITDA doubled to $2.2 million from $1.1 million, with an EBITDA margin more than doubling to 34.6% from 15.6% [5] Year-to-Date Performance - For the first nine months of 2025, SuperCom reported revenues of $20.4 million, a slight decrease from $21.3 million in the same period of 2024 [21] - Gross profit increased to $12.5 million from $10.7 million, leading to a gross margin of 61.0%, up from 50.1% [21] - Operating profit rose to $2.96 million from $1.13 million, and net profit reached $6.0 million, up from $2.5 million [21] - Non-GAAP net income increased to $9.3 million from $4.9 million, with a non-GAAP net margin of 45.7%, compared to 23.2% [21] Business Highlights - Since mid-2024, SuperCom has secured over 30 new electronic monitoring contracts across the U.S., entering 12 new states and forming 14 new partnerships with regional service providers [5][6] - Recent contract wins include a $7 million national electronic monitoring contract in Germany, marking a strategic expansion into Europe's largest economy [7] - The company has continued to expand its footprint with new contracts in Tennessee, Wisconsin, and Alabama, including multiple competitive wins against incumbent providers [6][8] Management Commentary - The President and CEO of SuperCom expressed excitement over record results and improvements in profitability, highlighting a 140% year-over-year increase in net income and strong execution of their business model [6] - The company aims to continue its international expansion strategy, with over 15 national project wins and a high RFP win rate in Europe, while also focusing on scaling operations and expanding recurring revenue [8]

Core Insights - SuperCom has secured its 12th reseller agreement in the U.S. since mid-2024, indicating strong momentum in the adoption of its electronic monitoring technology [1][2] - The latest contract involves a Virginia-based service provider transitioning to SuperCom's PureSecurity™ platform, enhancing community supervision and public safety initiatives [1][3] Group 1: Company Expansion - SuperCom has established its second reseller partnership in Virginia since entering the state in May 2025 [2] - The company has signed over 30 new contracts since mid-2024, reflecting its growing presence and market penetration across the U.S. [4] Group 2: Technology and Capabilities - The decision by the Virginia provider to select SuperCom was based on the proven capabilities of the PureSecurity™ platform, which offers high-precision tracking and rapid deployment [3] - SuperCom's technology is increasingly being chosen to replace outdated systems, enhancing public safety and modernizing operations [4] Group 3: Market Trends - The company is experiencing a trend where initial contracts lead to broader collaborations in new markets, similar to its experiences in Europe and other U.S. states [4] - SuperCom's recent national electronic monitoring contract in Germany, valued at approximately $7 million, demonstrates its competitive edge in displacing long-standing providers [4]