Added to YB: 2026-05-18
Pitch date: 2026-05-15
SPCB [neutral]
SuperCom Ltd.
+0.19%
current return
Author Info
Li'l Oaty is a Chicago based investor doing research for my personal account. Sign up for the newsletter.
Company Info
SuperCom Ltd. provides traditional and digital identity, Internet of Things (IoT) and connectivity, and cyber security products and solutions in Africa, Europe, South and center America, the United States, Israel, and Asia Pacific.
Market Cap
$60.8M
Pitch Price
$10.71
Price Target
40.00 (+273%)
Dividend
N/A
EV/EBITDA
16.25
P/E
15.09
EV/Sales
2.48
Sector
Electronic Equipment, Instruments and Components
Category
growth
Supercom Q1 2026 - Underlying Results Trend Positively, I Think Positive Cash Flow is Q3 Event
SPCB (earnings): Q1 best yet on 'true earnings' basis ($0.21 GAAP, $0.45 adj), 40%+ EBITDA margin, GM rebounded >60%. US EM ARR +88%, total EM +180% YoY. Still FCF negative -$1.2M on WC build ($3M long-term receivables), expect positive by Q3 after Sweden/Germany contract ramps. 2026 rev likely $40M-$50M vs $25M 2025 on 11 new US contracts ramping, Sweden $2M annual, Germany $2M annual, $22M RPO. Forecasting >$2 EPS 2026 vs street $0.67. Italy €20M+ & UK £150M tenders coming. PT $40+ if CF proves sustainable.
Read full article (8 min)