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SuperCom Reports First Quarter 2021 Financial Results

SuperCom Reports First Quarter 2021 Financial Results USA - English News provided by Share this article a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for the three months ended March 31, 2021. Three-Months Ended March 31, 2021 Financial Highlights Cash and cash equivalents and restricted cash at the end of Q1-21 increased to $9 million from $4m at end of 2020. Working Capital increased to $12.7 million at end of Q1-21 from $5.3 million at end of 2020. Revenue in Q1-2021 was $3.0 million. Gross margin in Q1-2021 increased to 55.3% from 47.5% in 2020. EBITDA in the first quarter of $652,000. Recent Business Highlights:

United statesExchange commissionSecurities exchangeMonths ended marchBusiness highlightsIot trackingPurehealth coronavirusQuarantine complianceOrdan trabelsiCom investor relationsSecurities actSecurities exchange actAnnual reportஒன்றுபட்டது மாநிலங்களில்பரிமாற்றம் தரகுபத்திரங்கள் பரிமாற்றம்

SuperCom Reports Full Year 2020 Financial Results

SuperCom Reports Full Year 2020 Financial Results USA - English Cash & Restricted Cash increased to $4 million News provided by Share this article (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for the twelve months ended December 31, 2020. Twelve-Months Ended December 31, 2020 Financial Highlights (Compared to the Prior Year Period) Cash and cash equivalents and restricted cash increased to $4.0 million from $1.2 million last year. Revenue decreased 29% to $11.8 million in 2020, from $16.5 million last year, mainly due to material impact from Covid-19 related government restrictions and limitations. Gross margin increased to 47.4% in 2020 from 38.5% last year. Operating expenses in 2020 decreased 36% to $9.3 million from $14.5 million last year.

State of californiaUnited statesState of alabamaExchange commissionAmortization of softwareSecurities exchangeIsraeli ministry of healthMonths ended decemberPrior year periodBusiness highlightsPurehealth coronavirusQuarantine complianceOrdan trabelsiPuresecurity electronic monitoringPure securityIsraeli ministry

SuperCom : Reports Full Year 2020 Financial Results

(NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, today reported results for the twelve months ended December 31, 2020. Twelve-Months Ended December 31, 2020 Financial Highlights (Compared to the Prior Year Period) Cash and cash equivalents and restricted cash increased to $4.0 million from $1.2 million last year. Revenue decreased 29% to $11.8 million in 2020, from $16.5 million last year, mainly due to material impact from Covid-19 related government restrictions and limitations. Gross margin increased to 47.4% in 2020 from 38.5% last year. Operating expenses in 2020 decreased 36% to $9.3 million from $14.5 million last year. EBITDA improved to $2.8 million in 2020 compared to an EBITDA loss of $(0.5) million in 2019.

State of californiaUnited statesState of alabamaExchange commissionAmortization of softwareSecurities exchangeIsraeli ministry of healthMonths ended decemberPrior year periodBusiness highlightsPurehealth coronavirusQuarantine complianceOrdan trabelsiPuresecurity electronic monitoringPure securityIsraeli ministry

SuperCom Wins COVID-19 Quarantine Compliance Project with the Israeli Government Valued at an Estimated $3 Million per Month in Recurring Revenues

SuperCom Wins COVID-19 Quarantine Compliance Project with the Israeli Government Valued at an Estimated $3 Million per Month in Recurring Revenues
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