Added to YB: 2026-05-07
Pitch date: 2026-05-05
SPCB [neutral]
SuperCom Ltd.
+5.63%
current return
Author Info
Company Info
SuperCom Ltd. provides traditional and digital identity, Internet of Things (IoT) and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide.
Market Cap
$48.9M
Pitch Price
$10.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.46
P/E
12.15
EV/Sales
2.05
Sector
Electronic Equipment, Instruments and Components
Category
growth
SuperCom - growing 40% at potentially ~2x 2026 EBITDA
SPCB (overview): Electronic monitoring for offenders grew 40% in 2025, 50% 10yr CAGR. RPOs $55M (+244% YoY), 39% recognized in 2026 = $21.7M baseline rev. Trading ~2x est 2026 EBITDA. 65% win rate w/ EU/US govs, 60-80% recurring rev, 55-70% gross margins. Major risk: $25M A/R ($17M allowance), negative FCF ($-8M 2025) as EU contracts paid over time. Heavy dilution via debt-for-equity swaps. CEO owns 4.8%.
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