- Trailing-Twelve-Month (“TTM”) Revenue increased by 106% YoY to $25.5 million from $12.4 million in the prior 12-month period, outpacing the global industry average by 10x
- TTM EBITDA increased to $2.5 million from -($0.25) million in the prior 12-month period
- The company’s Q2 2023 revenue increased by 141% YoY to $7.7 million
- The company has seen a high YoY quarterly revenue growth trend: Q3 2022 – 102%; Q4 2022 – 69%; Q1 2023 – 109%
- SuperCom’s recurring revenue represents 73% of total revenue
- Approximately $200 million in EU contracts up for award in the upcoming 18 months
- Over 65% win rate in national government tender in the EU
- High entry barriers, requiring 5-10 years of specific industry experience, with only 10 global players
- More than $40m invested in the research and development of the PureSecurity suite
SuperCom (NASDAQ: SPCB) provides secured solutions for the e-government, IoT and cybersecurity sectors. Since 1988, the company has been a trusted global provider of traditional and digital identity offerings, providing cutting-edge electronic and digital security solutions to governments and organizations, both private and public, around the world.
SuperCom’s mission is to revolutionize the public safety sector worldwide through proprietary electronic monitoring technology, data intelligence, and…
NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB
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