Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €9.24, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 22x in the Electronic industry in Germany. Total loss to shareholders of 43% over the past three years. Annuncio • Jul 14
SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $7.510001 million. SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $7.510001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 732,683
Price\Range: $10.25
Discount Per Security: $0.615
Transaction Features: Registered Direct Offering New Risk • Jul 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€57.3m market cap, or US$65.2m). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €8.64, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 24x in the Electronic industry in Germany. Total loss to shareholders of 56% over the past three years. New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€55.3m market cap, or US$64.2m). New Risk • May 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (€51.0m market cap, or US$59.5m). Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Tal Shmuel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 06
SuperCom Ltd. to Report Q1, 2026 Results on May 14, 2026 SuperCom Ltd. announced that they will report Q1, 2026 results Pre-Market on May 14, 2026 Annuncio • Apr 23
SuperCom Ltd. to Report Q4, 2025 Results on Apr 28, 2026 SuperCom Ltd. announced that they will report Q4, 2025 results at 12:30 PM, US Eastern Standard Time on Apr 28, 2026 Annuncio • Nov 03
SuperCom Ltd. to Report Q3, 2025 Results on Nov 13, 2025 SuperCom Ltd. announced that they will report Q3, 2025 results on Nov 13, 2025 Annuncio • Aug 01
SuperCom Ltd. to Report Q2, 2025 Results on Aug 14, 2025 SuperCom Ltd. announced that they will report Q2, 2025 results on Aug 14, 2025 Annuncio • May 06
SuperCom Ltd. to Report Q1, 2025 Results on May 14, 2025 SuperCom Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Annuncio • Apr 21
SuperCom Ltd. to Report Q4, 2024 Results on Apr 28, 2025 SuperCom Ltd. announced that they will report Q4, 2024 results at 12:30 PM, US Eastern Standard Time on Apr 28, 2025 Annuncio • Jan 31
SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $5.999994 million. SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $5.999994 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 545,454
Price\Range: $11
Transaction Features: Registered Direct Offering Annuncio • Dec 23
SuperCom Launches New Domestic Violence Monitoring Project with the State Police of Latvia SuperCom announced the successful launch of its new electronic monitoring (EM) project in Latvia. Following a competitive tender process, SuperCom was awarded this project, marking its third national contract in Latvia and further expanding its role in supporting the country's public safety efforts with the inclusion of domestic violence prevention. Under this program, SuperCom is deploying its advanced PureSecurity EM Suite, featuring GPS tracking devices, secure communications, and real-time monitoring capabilities. SuperCom's technology will enhance the State Police of Latvia's ability to oversee offenders, enabling more effective prevention and response to domestic violence cases while bolstering regional public safety and security. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €3.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Electronic industry in Germany. Total loss to shareholders of 97% over the past three years. Annuncio • Nov 11
SuperCom Ltd. to Report Q3, 2024 Results on Nov 14, 2024 SuperCom Ltd. announced that they will report Q3, 2024 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €3.34, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €3.14, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €3.11, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 98% over the past three years. Annuncio • Sep 16
SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement SuperCom Ltd. announced that it has received notice from The Nasdaq Stock Market LLC (‘Nasdaq’) that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) (‘Min Bid Price Rule’), and this matter is now closed. On September 13, 2023, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. On September 6, 2024, Nasdaq determined that for the last 10 consecutive business days, from August 22 through September 5, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2)(‘Min Bid Price Rule’), and Nasdaq considers this matter now closed. New Risk • Aug 22
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 89% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (150% increase in shares outstanding). Market cap is less than US$10m (€3.73m market cap, or US$4.15m). Minor Risk Large one-off items impacting financial results. Annuncio • Aug 08
SuperCom Ltd. to Report Q2, 2024 Results on Aug 15, 2024 SuperCom Ltd. announced that they will report Q2, 2024 results on Aug 15, 2024 New Risk • Jun 17
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$1.7m Forecast net loss in 1 year: US$381k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (50% average weekly change). Shareholders have been substantially diluted in the past year (371% increase in shares outstanding). Market cap is less than US$10m (€4.15m market cap, or US$4.44m). Minor Risk Currently unprofitable and not forecast to become profitable next year (US$381k net loss next year). Annuncio • May 10
SuperCom Ltd. to Report Q1, 2024 Results on May 15, 2024 SuperCom Ltd. announced that they will report Q1, 2024 results on May 15, 2024 Reported Earnings • Apr 23
Full year 2023 earnings released: US$0.59 loss per share (vs US$2.02 loss in FY 2022) Full year 2023 results: US$0.59 loss per share (improved from US$2.02 loss in FY 2022). Revenue: US$26.6m (up 51% from FY 2022). Net loss: US$4.02m (loss narrowed 46% from FY 2022). Annuncio • Apr 19
SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $2.921816 million. SuperCom Ltd. has filed a Follow-on Equity Offering in the amount of $2.921816 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,116,155
Price\Range: $0.36
Transaction Features: Registered Direct Offering Reported Earnings • Mar 14
Third quarter 2023 earnings released Third quarter 2023 results: EPS: US$0.02. Revenue: US$6.78m (up 8.2% from 3Q 2022). Net income: US$146.0k (up US$2.25m from 3Q 2022). Profit margin: 2.2% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Reported Earnings • Nov 16
Third quarter 2023 earnings released Third quarter 2023 results: EPS: US$0.026. Revenue: US$6.78m (up 8.2% from 3Q 2022). Net income: US$146.0k (up US$2.25m from 3Q 2022). Profit margin: 2.2% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is expected to decline by 5.5% p.a. on average during the next 2 years, while revenues in the Electronic industry in Germany are expected to grow by 11%. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 61% per year, which means it is significantly lagging earnings. Annuncio • Nov 14
SuperCom Ltd. to Report Q3, 2023 Results on Nov 14, 2023 SuperCom Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Annuncio • Sep 19
SuperCom Receives Nasdaq Letter on Minimum Bid Requirements SuperCom Ltd. received a letter from Nasdaq, indicating that the company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company's closing bid price for its common stock was below $1.00 per share for the 30 consecutive business days prior to the Notice, between August 1, 2023 and September 11, 2023. SuperCom expects to regain compliance with the minimum bid price requirement within the upcoming 180 days compliance period. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day compliance period, or until March 11, 2024, to regain compliance with the minimum bid price requirement. SuperCom expects to regain compliance with the minimum bid price requirement within the compliance period. The Company's Shares will continue to be listed and traded on the Nasdaq Stock Market during the 180 days compliance period. To regain compliance, the closing bid price of the Company's common stock must meet or exceed $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period. In the event the Company does not regain compliance by March 11, 2024, the Company may be eligible a second 180-calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. New Risk • Aug 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.8m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Market cap is less than US$10m (€5.19m market cap, or US$5.69m). Reported Earnings • Aug 01
Second quarter 2023 earnings released: US$0.21 loss per share (vs US$0.78 loss in 2Q 2022) Second quarter 2023 results: US$0.21 loss per share (improved from US$0.78 loss in 2Q 2022). Revenue: US$7.75m (up 141% from 2Q 2022). Net loss: US$1.06m (loss narrowed 63% from 2Q 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Annuncio • Jul 26
SuperCom Ltd. to Report Q2, 2023 Results on Jul 31, 2023 SuperCom Ltd. announced that they will report Q2, 2023 results on Jul 31, 2023 Breakeven Date Change • May 18
Forecast to breakeven in 2025 The analyst covering SuperCom expects the company to break even for the first time. New forecast suggests the company will make a profit of US$5.20m in 2025. Average annual earnings growth of 95% is required to achieve expected profit on schedule. Annuncio • May 10
SuperCom Ltd. to Report Q1, 2023 Results on May 15, 2023 SuperCom Ltd. announced that they will report Q1, 2023 results on May 15, 2023 Reported Earnings • Apr 21
Full year 2022 earnings released: US$2.02 loss per share (vs US$3.87 loss in FY 2021) Full year 2022 results: US$2.02 loss per share (improved from US$3.87 loss in FY 2021). Revenue: US$17.6m (up 44% from FY 2021). Net loss: US$7.46m (loss narrowed 26% from FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Apr 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Oren De Lange was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 13
SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement SuperCom Ltd. announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set in Nasdaq Listing Rule 5550(a)(2) ("Min Bid Price Rule"). On December 13, 2021, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. On December 8, 2022, Nasdaq determined that for the last 10 consecutive business days, from November 23rd through December 7, 2022, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2)("Min Bid Price Rule"), and Nasdaq considers this matter now closed. Annuncio • Dec 06
SuperCom Ltd., Annual General Meeting, Dec 28, 2022 SuperCom Ltd., Annual General Meeting, Dec 28, 2022, at 18:00 Israel Standard Time. Location: at the offices of SuperCom Ltd, 3, Rothschild Street Tel Aviv Israel Agenda: To appoint Halperin CPA Firm, of Tel-Aviv as the Company's independent public accountants for the year ending December 31, 2022 and to authorize the Company's Audit Committee to fix the remuneration thereof in accordance with the volume and nature of their services; to elect one director for terms expiring at 2022 Annual General Meeting of Shareholders; to re- elect external director for term of 3 years commencing as of March 28, 2023; and to consider Presentation and Discussion of the Company's 2021 Consolidated financial statements. Reported Earnings • Oct 27
Third quarter 2022 earnings released: US$0.058 loss per share (vs US$0.093 loss in 3Q 2021) Third quarter 2022 results: US$0.058 loss per share (improved from US$0.093 loss in 3Q 2021). Revenue: US$6.26m (up 101% from 3Q 2021). Net loss: US$2.10m (loss narrowed 14% from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Annuncio • Oct 22
SuperCom Ltd. to Report Q3, 2022 Results on Oct 26, 2022 SuperCom Ltd. announced that they will report Q3, 2022 results on Oct 26, 2022 Reported Earnings • Aug 11
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$3.22m (up 4.0% from 2Q 2021). Net loss: US$2.81m (loss widened 192% from 2Q 2021). Annuncio • Aug 03
SuperCom Ltd. to Report Q2, 2022 Results on Aug 09, 2022 SuperCom Ltd. announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 09, 2022 Annuncio • Jun 15
SuperCom Receives 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule SuperCom Ltd. 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. Previously, in a notification letter dated December 13, 2021, Nasdaq had notified the Company that, based on the previous 30 consecutive business days, the Company's listed security no longer met the minimum $1 bid price per share requirement. Therefore, in accordance with Nasdaq's Listing Rules, the Company was provided 180 calendar days, or until June 13, 2022, to regain compliance. If at any time before December 12, 2022, the closing bid price of the Company's security is at least $1 per share for a minimum of 10 consecutive business days, the Company will regain compliance with this Nasdaq rule and this matter will be closed. This current notification from Nasdaq has no immediate effect on the listing or trading of the Company's ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol "SPCB". The Company will actively monitor the closing bid price of its ordinary shares between now and December 12, 2022 and intends to consider all available options to resolve the deficiency and regain compliance within the additional compliance period provided. Reported Earnings • May 14
First quarter 2022 earnings released: US$0.083 loss per share (vs US$0.044 loss in 1Q 2021) First quarter 2022 results: US$0.083 loss per share (down from US$0.044 loss in 1Q 2021). Revenue: US$3.05m (flat on 1Q 2021). Net loss: US$2.35m (loss widened 107% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Annuncio • May 04
SuperCom Ltd. to Report Q1, 2022 Results on May 12, 2022 SuperCom Ltd. announced that they will report Q1, 2022 results Pre-Market on May 12, 2022 Reported Earnings • Apr 09
Full year 2021 earnings released: US$0.39 loss per share (vs US$0.45 loss in FY 2020) Full year 2021 results: US$0.39 loss per share. Revenue: US$12.3m (up 4.2% from FY 2020). Net loss: US$10.1m (loss widened 29% from FY 2020). Over the next year, revenue is forecast to grow 18%, compared to a 27% growth forecast for the industry in Germany. Annuncio • Dec 20
SuperCom Receives Nasdaq Letter on Minimum Bid Requirements SuperCom received a letter from Nasdaq, indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company's closing bid price for its common stock was below $1.00 per share for the 32 consecutive business days prior to the Notice, between October 27, 2021 and December 10, 2021. SuperCom expects to regain compliance with the minimum bid price requirement within the upcoming 180 days compliance period. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar day compliance period, or until June 13, 2022, to regain compliance with the minimum bid price requirement. SuperCom expects to regain compliance with the minimum bid price requirement within the compliance period. Reported Earnings • Nov 13
Third quarter 2021 earnings released The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$3.11m (up 25% from 3Q 2020). Net loss: US$2.44m (loss narrowed 35% from 3Q 2020). Annuncio • Feb 25
Supercom Ltd. to Launch Immediate Coronavirus Quarantine Compliance Pilot in Israel SuperCom Ltd.that it received a request from the Israeli Ministry of Health to launch an immediate pilot for its Coronavirus (COVID-19) citizen quarantine compliance technology. The pilot is comprised of proprietary products in SuperCom's PureHealth technology suite to include the PureCare smartphone and PureTag ankle bracelet, which will help persons comply with their quarantine requirements. The pilot will consist of 100 PureHealth units, smartphone and ankle bracelet pairs, which will be worn by persons required to be on home quarantine upon their entrance into Israel. The bracelet is light-weight, ergonomic, waterproof and with long lasting battery promoting comfortable wear. There is potential for the pilot to quickly expand into a project consisting of thousands of units for more wide scale use to assist in quarantine compliance in Israel. Accordingly, SuperCom is ramping up its production capacity further. Supercom together with a local partner will manage technology and operational aspects of this full-service pilot including installation, training for users, support, monitoring and reporting. This solution is designed to assist government efforts in combating the spread of the virus through proven location tracking and stay-at-home compliance rules being implemented around the globe. SuperCom has a demonstrated track record aiding governments with successful projects in over 30 countries across the globe in North America, Europe, Asia and South America. Is New 90 Day High Low • Feb 06
New 90-day high: €1.50 The company is up 129% from its price of €0.66 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period. Annuncio • Feb 05
SuperCom Ltd. announced that it has received $7 million in funding SuperCom Ltd. (NasdaqCM:SPCB) announced a private placement for gross proceeds of $7 million on February 4, 2021. The company issued a 2-year unsecured, subordinated promissory note to a certain institutional investor in the transaction. The note has a 5% annual coupon and a built-in increase to the balance of the note by 5% every 6 months, for any portion of the note which has not been paid down prior to maturity. All principal and interest accrued is required to be paid in only one-bullet payment at maturity, and the company has the right to pre-pay any portion of the note at any time without a pre-payment penalty. The company has an option at its discretion only, at any time after 12 months to pay down all or a portion of the note using its ordinary shares, subject to certain conditions being met. Annuncio • Jan 01
SuperCom Regains Compliance with Nasdaq Minimum Bid Price Rule SuperCom Ltd. announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) ("Min Bid Price Rule"). On October 19, 2020, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. On December 29, 2020, Supercom received a letter from Nasdaq stating that because the Company's common stock had a closing bid price at $1.00 per share or greater for the last twenty (20) consecutive business days, the Company has regained compliance compliance with the Min Bid Price Rule. Nasdaq considers the matter now closed. Annuncio • Dec 10
SuperCom Secures New Electronic Monitoring Contract in California SuperCom announced that it has secured a new GPS monitoring contract in California. The contracting agency is a private company serving the judicial services market. The contract is for SuperCom's PureTrack smartphone GPS tracking products and is structured as a per unit per day lease model, with billing at the end of each month. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform, which contains a comprehensive set of innovative features, including smart phone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens and extended battery life. Annuncio • Dec 04
SuperCom Secures a New Juvenile Electronic Offender Monitoring Contract in Alabama SuperCom Ltd. announced that it has secured a new Government GPS monitoring contract in the Juvenile sub-market of offender tracking. The contracting agency is a Government Juvenile Agency in Alabama. The contract will be billed as usual by a daily use rate and is expected to generate steady-state recurring revenues. Reported Earnings • Dec 03
Full year 2019 earnings released: US$0.71 loss per share The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2019 results: Revenue: US$16.5m (down 25% from FY 2018). Net loss: US$11.5m (loss narrowed 27% from FY 2018). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Annuncio • Dec 02
SuperCom Launches New $1.2 Million National Electronic Monitoring Project in Europe SuperCom announced it has launched a new 5-year contract with the national government of Latvia, valued at approximately $1.2 million, to deploy its enhanced PureSecurity Electronic Monitoring (EM) Suite, including both RF House Arrest and GPS tracking. This launch reflects the progression of the competitive tender win in Latvia previously announced, and the successful completion of the standstill and appeal period as well as contract negotiations and execution. The nationwide program with the Ministry of Justice of Latvia is set to cover all cases nationwide requiring electronic monitoring of offenders using both RF House Arrest and GPS Tracking solutions. SuperCom has begun deployment of its enhanced PureSecurity product suite introducing many enhancements and new capabilities which have been developed over the past years. The project was won through a formal government-led bid process, including three companies, in which SuperCom was awarded the highest number of points for the quality portion of the RFP, including technology and solution, in addition to the overall highest score. The project will be billed at a monthly lease rate and is expected to start generating steady-state recurring revenues within a few months. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform, which contains a comprehensive set of innovative features, including smart phone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens and extended battery life. Is New 90 Day High Low • Sep 26
New 90-day low: €0.61 The company is down 59% from its price of €1.51 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 1.0% over the same period. Annuncio • Sep 19
Supercom Wins New Project in North California Valued At Up to $3.75 Million SuperCom won new project with a Northern California county to provide employment and other reentry services, valued at up to approximately $3.75 million. The project focuses on services to adults with an emphasis on workforce services and employment readiness to reduce recidivism. The award is a result of winning a formal competitive bid process administered by the county. The new contract is valued at up to approximately $3.75 million over a 5-year period, consisting of a 3-year initial term with an option to extend for an additional 2 years and is expected to generate annual recurring revenues of approximately $750 thousand. Annuncio • Aug 25
SuperCom Ltd. to Report First Half, 2020 Results on Sep 03, 2020 SuperCom Ltd. announced that they will report first half, 2020 results on Sep 03, 2020 Annuncio • Jul 18
SuperCom Ltd. announced that it has received $3.1995 million in funding On July 9, 2020, SuperCom Ltd. (NasdaqCM:SPCB) closed the transaction. Annuncio • Jul 10
SuperCom Receives Expected Nasdaq Letter on Late Filing SuperCom Ltd. received a letter from Nasdaq notifying that the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) as the Company has not yet filed its Form 20-F for the year ended December 31, 2019 (the "Annual Report") with the U.S. Securities and Exchange Commission. Pursuant to the Letter, under Nasdaq Rules, the Company has 60 calendar days to submit to Nasdaq a plan (the "Compliance Plan") to regain compliance with the Nasdaq Listing Rules and if Nasdaq accepts the Compliance Plan, Nasdaq can grant the Company an exception until December 28, 2020 (that is, up to 180 calendar days from the extended due date of the Annual Report) to regain compliance. The Company intends to complete and file the Form 20-F within 30 days, and to regain compliance. The letter has no effect on the current listing and trading of the Company's ordinary shares on the Nasdaq Capital Market. Annuncio • Jul 09
SuperCom Ltd. announced that it expects to receive $3.1995 million in funding SuperCom Ltd. (NasdaqCM:SPCB) announced that it has entered into a securities purchase agreement with certain accredited investors for private placement of 2,370,000 shares at an issue price of $1.35 per share for gross proceeds of $3,199,500 on July 8, 2020. The company will also issue warrants to purchase 2,370,000 shares of the company at $1.70 per share, expiring five years from the effective date. The closing of the transaction is subject to the satisfaction of certain customary closing conditions. Annuncio • Jun 16
SuperCom Ltd. announced delayed 20-F filing On 06/15/2020, SuperCom Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.