SuperCom (SPCB) Q4 2024 Earnings Call April 28, 2025 10:00 AM ET Company Participants Ordan Trabelsi - President and CEO Conference Call Participants Matthew Galinko - SVP & Senior Research AnalystGreg Mesniaeff - Research Analyst Operator Ladies and gentlemen, good morning, and welcome to Supercom's Fourth Quarter and Year End twenty twenty four Financial Results and Corporate Update Conference Call. At this time, all participants are in a listen only mode. After today's presentation, there will be an oppo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUAN ...

FY 2024: Record Revenues of $27.6 Million; Gross Margin 48.4%; Record EBITDA of $6.3 Million Q4 2024: Revenues of $6.3 Million; EBITDA of $1.7 Million TEL AVIV, Israel, April 28, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2024. Financial Highlights for Twelve-Months Ended December 31, 2024 (Compared to the Prior Year Period) Finan ...

Core Insights - SuperCom has secured a new electronic monitoring contract in Kentucky, reflecting its growing reputation and demand for its EM technology in the U.S. market [1][3] - The contract involves deploying SuperCom's advanced GPS tracking technology under a per-unit daily lease model, enhancing public safety and compliance monitoring [2] - The company's President and CEO highlighted the increasing preference for SuperCom's innovative technology over legacy systems among local agencies [3] Company Overview - SuperCom has been a global provider of secured solutions for e-Government, IoT, and cybersecurity since 1988, offering advanced safety and identification solutions [4] - The company provides a comprehensive suite of RFID and mobile technology, along with services for various sectors, including healthcare, law enforcement, and electronic monitoring [4]

Core Insights - SuperCom has secured a new contract with a Midwest-based service provider to introduce its electronic monitoring technology into Wisconsin, Minnesota, and Michigan, enhancing its nationwide expansion efforts [1][4] - The service provider has over a decade of experience in community supervision and is well-positioned to implement SuperCom's technology in various community programs, particularly focusing on domestic violence monitoring [2][3] - SuperCom's proprietary domestic violence technology was selected for its innovative architecture, which combines advanced security features with an interactive mobile experience, aimed at improving public safety and compliance tracking [3][4] Company Overview - SuperCom has been a global provider of secured solutions since 1988, offering advanced safety, identification, and security solutions to both public and private sectors worldwide [5] - The company specializes in e-Government platforms, biometrics enrollment, and electronic monitoring solutions, catering to various industries including healthcare, law enforcement, and community public safety [5] Strategic Expansion - The partnership with the service provider is part of SuperCom's strategic growth plan, which has resulted in over 20 new U.S. contracts and active expansion initiatives since summer 2024 [4] - This marks the third regional service provider that SuperCom has onboarded in 2025, indicating a strong demand for its technology and a successful go-to-market strategy [4]

Core Insights - SuperCom has secured a new contract with a leading Arizona-based service provider to introduce its electronic monitoring technology, marking its strategic entry into Arizona, the seventh U.S. state since summer 2024 [1][5] - The Arizona-based provider has over 25 years of experience and delivers a range of evidence-based programs, positioning it well to expand SuperCom's electronic monitoring solutions [2] - The partnership aims to enhance public safety and improve rehabilitation outcomes by integrating SuperCom's advanced electronic monitoring technology into the provider's existing services [3][4] Company Expansion - The new contract is part of SuperCom's broader strategy, which includes over 20 new customer contracts since summer 2024, reinforcing its growth momentum [5] - The partnership model allows SuperCom to scale more rapidly by leveraging the existing reach of trusted service providers, facilitating efficient technology deployment [5] Technology Overview - SuperCom's PureSecurity Suite is highlighted as a comprehensive electronic monitoring and tracking platform, featuring smartphone integration, secure communication, advanced security, anti-tamper mechanisms, and more [6] Company Background - SuperCom has been a global provider of identity solutions since 1988, offering advanced safety and security solutions to both public and private sectors worldwide [7]

Core Insights - SuperCom has been awarded a new national Domestic Violence electronic monitoring project, marking its seventh such program, indicating a growing demand for its technology [1][2] - The project will utilize SuperCom's PureTrack GPS and PureProtect technology, enhancing public safety and victim protection through real-time tracking and secure communication [3][4] - The program is expected to launch in the next two quarters of 2025, with potential for significant long-term expansion [2] Company Positioning - SuperCom is reinforcing its position as a trusted provider of advanced electronic monitoring solutions for domestic violence, reflecting strong government trust in its technology [4] - The company emphasizes its commitment to delivering innovative monitoring solutions, which are increasingly in demand as part of its expansion strategy [4] - SuperCom's technology has been successfully deployed in multiple national programs, enabling law enforcement to respond more effectively to domestic violence incidents [3][4] Industry Context - The selection of SuperCom's technology by another national government highlights the increasing need for effective monitoring solutions in the fight against domestic violence [4] - The company's success in securing multiple contracts and expanding partnerships indicates a robust market for its solutions in public safety and offender compliance [4]

Core Insights - SuperCom has achieved over 200% growth in PureTrack GPS units for a European government customer in the 12 months ending January 2025, with expectations to exceed 400% growth by the end of 2025 [1][2] - The increase in demand for PureTrack GPS tracking is part of a larger ongoing Nationwide European electronic monitoring project, which has evolved and expanded beyond initial expectations [2][3] - The company emphasizes its commitment to customer service and long-term relationships, particularly with key partners in the public safety market [3] Company Overview - SuperCom has been a global provider of identity solutions since 1988, offering advanced safety, identification, and security solutions to both public and private sectors worldwide [4] - The company provides a comprehensive suite of electronic monitoring and tracking solutions, including features like smartphone integration, secure communication, and advanced security mechanisms [3][4]

Core Viewpoint - SuperCom has entered into securities purchase agreements to sell 545,454 ordinary shares at a price of $11.00 per share, aiming to raise approximately $6.0 million for various corporate purposes [1][2]. Group 1: Offering Details - The gross proceeds from the offering are estimated to be around $6.0 million before deducting fees and expenses [2]. - The offering is expected to close on or about January 31, 2025, pending customary closing conditions [2]. - Maxim Group LLC is acting as the sole placement agent for this offering [3]. Group 2: Use of Proceeds - SuperCom plans to utilize the net proceeds for working capital, research and development, potential acquisitions, and other general corporate purposes [2]. Group 3: Company Background - SuperCom has been a global provider of identity solutions since 1988, offering advanced safety, identification, and security solutions to governments and organizations worldwide [5]. - The company specializes in e-Government platforms and biometric solutions, aiming to enhance secure identification and document issuance [5].

Core Insights - SuperCom has secured a multi-year national contract with a Nordic European government to develop a computerized system for the enrollment, personalization, and issuance of secured Driving License cards [1][4] - The new system will utilize SuperCom's Magna™ e-Government platform, which is designed for secure identity solutions [2] - The solution will integrate with existing governmental IT infrastructure, ensuring compliance with EU and ICAO security standards [3] Company Overview - SuperCom has been providing identity solutions since 1988, focusing on advanced safety, identification, and security for governments and organizations globally [5] - The company offers a comprehensive suite of RFID and mobile technology products, along with services for various sectors including healthcare, law enforcement, and electronic monitoring [5]