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Added to YB: 2026-04-03

Pitch date: 2026-04-01

RDCM [bullish]

RADCOM Ltd.

-1.19%

current return

Author Info

An Exploration of Microcapland is a full-time microcap investor sharing investment ideas in their newsletter. Sign up for the newsletter.

Company Info

RADCOM Ltd. provides cloud-native and 5G-ready network intelligence solutions for communication service providers (CSPs).

Market Cap

$199.5M

Pitch Price

$12.65

Price Target

25.00 (+100%)

Dividend

N/A

EV/EBITDA

9.15

P/E

17.13

EV/Sales

1.30

Sector

Software

Category

special_situation

Show full summary:
Radcom Ltd.

RDCM (new position): Telecom service assurance software co, cloud-native 5G solutions. Lynrock (19.3% owner) + activist group (38.6% votes) pushing strategic alternatives/sale at EGM. Trading 7x 2026E EBIT-to-EV ($13.5M op income, $130M cash YE26). High customer concentration (86% rev from 3 customers) but sticky, business-critical product. 80% incremental margins, 7 consecutive quarters profit growth. AI innovation (Neura, HCUA) strengthens moat. Strategic buyer likely pays 20x EBIT = 100% upside. Downside protected by low valuation + improving fundamentals.

Read full article (8 min)