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$SPCB - 👆Up 13% Pre-Market/ Current Price $1.14
Reports 141% YoY Revenue Growth and 5-Year-Record Revenue for the Q2 '23
SuperCom Reports 141% YoY Revenue Growth and 5-Year-Record Revenue for the Second Quarter 2023
SPCB: Might move up nicely behind today's (Romania) news.
Has to be the first time someone has replied to something I posted over a year ago, be careful with this one, it has a horrible yearly daily chart,that has gone from over $1.25 to where it is today since that old post, yesterday's news sure sounds good,but how trustworthy is it, don't know, for a long time this one has traded like the usual Izzzzraul toxic dilution sewer,as long as it stays over $0.35 and doesn't start to fade away below that,might gain some more higher levels, needs to get above $0.52 and stay above it, for it to be a turn around longer term trade, I'd say if you have a profit I would take half off the table, hold the rest as long as stays above the low thirtys, and they don't start acting like the toxic slobs as they were in the past. By
Would love to see the very same action here tomorrow.50% gain on 71 mil shares!
SuperCom Awarded $33 Million National Electronic Monitoring Contract of EU Member Country
August 24 2022 - 08:27AM
PR Newswire (US)
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Electronic Monitoring Program Go-Live is expected within 90 days of Project Launch
TEL AVIV, Israel, Aug. 24, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce?that it, together with its local partner, has been awarded an over $33 million contract by the national government of an European Union (EU) member country to deploy its PureSecurity Electronic Monitoring (EM) Suite for a domestic violence monitoring, GPS Tracking of offenders and home detention monitoring program.
SuperCom Logo
SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform with a comprehensive set of innovative features, including advanced anti-tamper mechanisms, multi-factor biometrics, the newest location technologies and sensors, practically limitless historic data, seamless 3rd party API integration, and an ultra-light weight ankle-bracelet with proprietary energy efficiency algorithms.
This is the country's first EM project, linking it with a long list of nations choosing SuperCom's EM solutions and further expanding SuperCom's footprint into an additional country in the EU. The nationwide program is expected to encompass all EM offender programs within the country, up to 15,000 enrollees simultaneously, and include a unique integration of multiple offender tracking sub-programs.
The awarded value of the contract based on the government's internal budgeting is over $33 million. The budget is based mainly on monitoring software, EM products and complimentary services spread over five years, plus an additional two years of continued services. EM Program go-live is expected within the first 90 days of project launch.
"We are excited with this award, the largest European EM project awarded so far this year. It further validates our strategy to scale up operations to accelerate growth and improve public safety in more nations around the world. We look forward to supporting another EU member country's public safety efforts and bringing them the many benefits of SuperCom's proprietary EM technology. It is an honor to take part in this national initiative by building the necessary infrastructure and deploying this country's first EM program," commented Ordan Trabelsi, President & CEO of SuperCom.
"This competitive tender process that just concluded is the first of several tenders for large scale national European EM projects that are expected to be concluded in 2022 and 2023, with a total estimated value of over $200 million. With this meaningful win, SuperCom is once again signaling, after more than 10 other recent national European EM project wins, the superiority of its value offering in the European EM space. We believe our growing reputation as a leading global EM solution provider will drive additional wins in the future," concluded Mr. Trabelsi.
The award was won through a formal bid process, with over 8 international companies taking part in the bidding process. The process included several rounds of negotiations and several demonstrations and system tests by the contracting authority. The award will go through a customary standstill waiting period before contract signing is approved and the project is launched. SuperCom management expects to provide further information on such in follow-up announcements.
About SuperCom
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation. For more information, please visit SuperCom's website, www.supercom.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the anticipated effects of the COVID-19 outbreak on travel and physical locations,
Opened a position here
Looks like things are starting to happen for them
SPCB > "I believe the SPCB current stock price levels do not reflect the high intrinsic value of the company. This recent 512,000 SPCB shares purchase, and my purchase program provides me the ability to opportunistically acquire SuperCom shares and underscores my ongoing belief in the Company," commented Mr. Arie Trabelsi, Chairman of the Board of SuperCom.
Under the Chairman purchase program, the Chairman may purchase shares in open market transactions or through other authorized methods. The extent to which the Chairman purchases SuperCom shares, and the timing of such additional purchases is at the discretion of the Chairman and will depend upon market conditions and regulatory requirements.
News today that was positive, and this Izzallllyyy trades like a roten matzah balls, like they all do.
MM's getting loaded up for another run. Such a low float, 11M, that won't help them when some more news comes. More contracts should forthcoming after the latest Isreali gov't deal. Strong Buy all the way up $3 without more news, skys the limit with new deals.
10,000 SHARE BUY @ $1.70. 31 MILLION CAP- GOT 100 MIL$ 4 YEAR CONTRACT FROM THE ISRAELI GOVERNMENT. SHOULD BE 10X
STRONG BUY $$$$$$$$$$$$$$$$
I agree, just filling the gap up last week, imo. Another one that is mirroring this also gapped up last week and is filling today. Similar price and market cap... snes
YOU SHOULD BE BUYING NOT SELLING. 38 MIL MARKET CAP 100 MIL $ CONTRACT
GOVERNMENT CONTRACT WITH MORE SALES TO COME
$$$$$$$$$$$$$$$$$$$$$$$$$
The Company is a global provider of e-GOV, IoT, Communication and Cyber Security solutions, to governments and organizations, both private and public, throughout the world; (i) IoT products and solutions reliably identify, track and monitor people or objects in real time, enabling customers to detect unauthorized movement of people, vehicles and other monitored objects. The Company provide all-in-one field-proven PureSecurity suite, accompanied with services specifically tailored to meet the requirements of an IoT customer; (ii) Proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, the Company have helped governments and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors and Lands; (iii) Solutions for carrier wi-fi, enterprise connectivity, smart city, smart hospitality, connected campuses and connected events. Carriers, local governments and hospitality sectors worldwide deploy The Company intelligent wi-fi networks to enhance productivity and performance, as well as its legacy backhaul services and productsThe Company provide; (iv) Cutting edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control, The Company maps sensitive information and controls data flow through email, web, external devices and additional channels.
We are comprised of three main Strategic Business Units(SBU) : e-Gov, IoT and Connectivity (or “IoT”), and Cyber Security:
e-Gov
Through our proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, we have helped governments and national agencies design and issue secured multi-identification, or Multi-ID, documents and robust digital identity solutions to their citizens, visitors and Lands
We have focused on expanding our activities in the traditional identification, or ID, and electronic identification, or e-Gov, market, including the design, development and marketing of identification technologies and solutions to governments in Europe, Asia, America and Africa using our e-Government platforms. Our activities include: (i) utilizing paper secured by different levels of security patterns (UV, holograms, etc.); and (ii) electronic identification secured by biometric data, principally in connection with the issuance of national Multi-ID documents (IDs, passports, driver’s licenses, vehicle permits, and visas, Secure Land Certificated) border control applications and Land Information System(LIS) .
On December 26, 2013 we acquired the SmartID division of On Track Innovations Ltd., or OTI, including all contracts, software, other related technologies and intellectual property, or IP, assets. The SmartID division has a strong international presence, with a broad range of competitive and well-known e-Gov solutions and technology. The acquisition significantly expanded the breadth of our e-Gov capabilities globally, while providing us with outstanding market and technological experts, together with leading ID software platforms and technologies.
IoT and Connectivity
IoT
Our IoT products and solutions reliably identify, track and monitor people or objects in real time, enabling our customers to detect unauthorized movement of people, vehicles and other monitored objects. We provide all-in-one field-proven IoT suite, accompanied with services specifically tailored to meet the requirements of an IoT solutions. Our proprietary IoT suite of hybrid hardware, connectivity and software components are the foundation of these solutions and services. Our IOT division has primarily focused on growing the following markets: (i) public safety; (ii) healthcare and homecare; (iii) Smart Cities (iv) Smart Campus and (iv) transportation.
During 2006, we identified the growing electronic tracking and monitoring vertical markets for public safety, real time healthcare and homecare, and transportation management. We have developed the PureRF Hybrid suit of wrist devices, connectivity, and controlling software, from 2012 we have developed the next generation IoT suite of devices, connectivity and Monitoring software; the PureSecurity Hybrid Suite of wrist band, tags, beacons, PureCom, Pure Monitors, PureTrack and other components.
2
On January 1, 2016 we acquired Leaders in Community Alternatives, Inc., or LCA. LCA is a California based, private criminal justice organization, providing community-based services and electronic monitoring programs to government agencies in the U.S. for more than 25 years. LCA offers a broad range of competitive solutions for governmental institutions across the U.S. in addressing realignment strategies and plans.
Connectivity
In 2016, as part of our strategy to enhance and broaden our IoT connectivity products and solutions offerings for public safety, enterprises, hospitality and smart cities markets, on May 18, 2016, we acquired Alvarion Technologies Ltd., or Alvarion. Alvarion designs solutions for carrier wi-fi, enterprise connectivity, smart city, smart hospitality, connected campuses and connected events that are both complete and heterogeneous to ensure ease-of-use and optimize operational efficiency. Carriers, local governments and hospitality sectors worldwide deploy Alvarion’s intelligent wi-fi networks to enhance productivity and performance, as well as its legacy backhaul services and products.
Cyber Security
During 2015, we identified the cyber security market as a very fast growing market where we believe that SuperCom has major advantages due to synergic technologies and shared customer base to our e-Gov, IoT and connectivity SBUs. In 2015, we acquired Prevision Ltd., or Prevision, a company with a strong presence in the market and a broad range of competitive and well-known cyber security services. During the first quarter of 2016, we acquired Safend Ltd, or Safend, an international provider of cutting edge endpoint data protection guarding against corporate data loss and theft through content discovery and inspection, encryption methodologies, and comprehensive device and port control. Safend maps sensitive information and controls data flow through email, web, external devices and additional channels.
Both acquisitions significantly expanded the breadth of our cyber security capabilities globally, while providing us with outstanding market and technological experts and over 3,000 customers in the United States, Europe, and Asia, and more than three million software license seats deployed by multinational enterprises, government agencies and small to mid-size companies around the globe, together with leading data and cyber security platforms and technologies.
18 Mar, 2021
Mandatory ‘freedom bracelets’? Israel OKs Covid tracking tech after ‘satisfied volunteers’ prefer it to military-run quarantines
The Israeli Knesset has handed the government powers to force all citizens returning to the country to wear a tracking device during their mandatory Covid-19 quarantine, or else be stowed away in a military-run isolation hotel.
Lawmakers passed a bill on Wednesday allowing authorities to mandate the so-called ‘freedom bracelets’ for citizens, after a previous measure requiring quarantine at government-administered hotels expired earlier this month. Now, Israelis will isolate at home by default, so long as they consent to wear the electronic tracking gadget.
Proposed last week, the new law makes exemptions for children under the age of 14 and allows residents to request a waiver from a special committee. Those who decline to wear the bracelet will be required to undergo isolation in one of the quarantine hotels, which will continue to operate. Violators of the isolation rules could be fined up to 5,000 Israeli shekels ($1,500).
Israel launches Covid-tracking ‘FREEDOM BRACELET’ as alternative to quarantine, as court reins in spy agency’s contact tracing
Travelers who present documentation proving they have completed a full run of a coronavirus vaccine, or those who have already contracted and recovered from the illness, can skip quarantine, provided they test negative for the virus both before and after arriving in the country.
The tracking bracelet was first introduced earlier this month in a pilot program at Ben Gurion Airport outside Tel Aviv, where 100 devices were doled out to arriving travelers. At the time, Ordan Trabelsi, the CEO of SuperCom, the company behind the bracelet, said he hoped to expand the project for “wide-scale use” across Israel. According to i24 News, some 10,000 bracelets have been distributed, with another 20,000 expected to be ready by next week.
Trabelsi and Israeli officials maintain that the tracking bracelets will only inform authorities if a wearer leaves a designated quarantine area, usually their own home, and say it will not actually transmit location data or any other information. In a press release earlier this month, SuperCom boasted that Israelis had reported “very positive and comfortable experiences” and “a high rate of satisfaction” with the bracelet.
In addition to the bracelet itself, which operates on both GPS and Bluetooth, users are also given a wall-mounted device, both of which can be paired with a smartphone app.
Similar coronavirus tracking schemes have been unveiled elsewhere around the world, with both Google and Apple creating smartphone apps to aid contact tracers last year. The tech notifies users if they come in contact with an infected individual, but, unlike the Israeli program, has so far remained voluntary, requiring participants to opt in.
https://www.rt.com/news/518424-israel-covid-bracelet-mandate/
This company has leading technology that will enable governments to control its citizens movements beyond COVID-19.
Strong buy in my opinion
$25 stock in the future as more governments follow suit.
A dream come true for world governments so as to COVID-19 or just plain out control their citizens. I’m all in this one as governments must be salivating and drooling about this technology.
"The bracelet will monitor the wearers' location via Bluetooth and GPS technology and connect to the users' cell phone," the release added. "The bracelet monitor will notify authorities should they violate the mandatory isolation period."
If residents present proof that they have been vaccinated for COVID-19 or that they have already recovered from the virus, they will be released from quarantine after undergoing a serological test.
The bill states that the tracking bracelets are monitored by a private company, SuperCom, that will inform authorities if a person violates the country's quarantine measures, according to The Jerusalem Post.
100 MILLION $ CONTRACT AND MARKET CAP ONLY 42 MIL. VERY UNDERVALUED
$$$$$$$$$$$$$$$$$$$$$$$$$$
UP UP AND AWAY WE ALL GOOOOOOOOOOOO
* * $SPCB Video Chart 03-19-2021 * *
Link to Video - click here to watch the technical chart video
Covid is going to start to disappear/fade into the past. Shots and gone. Open travels today again for mass, restaurants and everything everywhere. Happy Summer
Was $0.25 less than a year ago imho It's a pump and dump some company may be trying to front run ppl and get them smoked for hopping in. Which is kind of messed up.
Looking out for the little guys long term it will be floating on air and hot potato
The debts huge won't touch it
25 MIL MARKET CAP BEFORE 100 MIL DEAL. STOCK SHOULD GO UP 4X. VERY LITTLE SHARES AVAILABLE- STOCK SHOULD BE $6
UP UP AND AWAY WE ALL GOOOOOOOOOO
You gonna short again lol ??
All near triple digit percent losses. Cash per share $0.04 & book value isn't even 50 cents.
Profitability
Profit Margin -98.55%
Operating Margin (ttm) -69.73%
Management Effectiveness
Return on Assets (ttm) -11.68%
Return on Equity (ttm) -85.33%
Income Statement
Revenue Per Share (ttm) 0.74
Quarterly Revenue Growth (yoy) -40.00%
EBITDA -4.96M
Net Income Avi to Common (ttm) -11.76M
Diluted EPS (ttm) -0.7260
Balance Sheet
Total Cash (mrq) 641k
Total Cash Per Share (mrq) 0.04
Total Debt (mrq) 17.89M
Total Debt/Equity (mrq) 224.90
Current Ratio (mrq) 1.59
Book Value Per Share (mrq) 0.49
Cash Flow Statement
Operating Cash Flow (ttm) -4.83M
Enterprise Value/EBITDA 6 -7.08
It's Israeli based company. They get up 7 hours before US investors.
Man companies just gap and trap you these days. What happened to going up in price
SPCB rising in price after their raise yesterday-
Damn shoulda got those 1.40’s today. Guess I’m chasing tomorrow lol
SuperCom Ltd (SPCB)
1.3 ? -0.08 (-5.80%)
Volume: 4,405,109 @01/20/21 7:59:36 PM EST
Bid Ask Day's Range
1.3 1.32 1.25 - 1.35
SPCB Detailed Quote
SPCB$ $3 TARGET PRICE TODAY WOOHOOOOOOOOOO
SuperCom Ltd (SPCB)
1.14 ? -0.18 (-13.64%)
Volume: 2,627,058 @01/07/21 12:32:17 PM EST
Bid Ask Day's Range
1.14 1.15 1.11 - 1.2
SPCB Detailed Quote
I just got in over the last couple hours! You KNOW what that means if you KNOW me! lol Get ready for the ride!
* * $SPCB Video Chart 11-30-2020 * *
Link to Video - click here to watch the technical chart video
$SPCB Team, We saw 1.80 pre market. Government Contracts are a major play. They posted good earns in September profitable company. Analyst target is 2.50. Looking at the long and short term holders they have held this since 2.50. This can be shorted hold tight we can push them out and they will cover They are also not making a ton of money
SPCB should run huge ahead. I am holding tight. Pre market was sure fun.
Yep, big pop and fade all day
SPCB it ate the whole thing before noon.
I added a few back in myself. Hope they find that partner although things are certainly looking up.
They are looking for a partner as business is booming. Bought the dip today. Still on sale.
Clowntrader showed up, this will skyrocket now.
$SPCB