Company Analysis

SuperCom, Ltd. (SPCB)

Nasdaq: SPCB · Semiconductors & Related Devices · filing with the SEC since 2004
Grade4.4
◀ Past 3.2● Present 5.0▶ Future 4.9
1 est.

The grade of SuperCom, Ltd.

Nine metrics read from its own filings, by tense
Headline grade
4.4/10
◀ Past3.230% of the headline
● Present5.040% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.6/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2020-06-15.

weight 33% of this tense · 46th percentile among 99 sector filers · read for itself

From the record

SuperCom, Ltd.'s filings since 2017 show 4 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2020-06-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.2/10

What has it actually done, year after year?

+3.8% a year over 10 filed years; profitable in 2 of 10.

weight 45% of this tense · 32nd percentile among 93 sector filers · read for its customers

From the record

SuperCom, Ltd.'s 10 filed years say what it did: revenue went from $20 million in fiscal 2016 to $28 million in fiscal 2025, up 3.8% a year; it rose in 6 of 9 years; the deepest fall was 65% from fiscal 2017 to fiscal 2020; net income was positive in 2 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.8%bottom 34% of its family
  • the share of years revenue rosetop 47% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak64.6%bottom 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
0.9/10

How has it treated the people who own it?

Share count grew 199.6% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 9th percentile among 67 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, SuperCom, Ltd.'s diluted share count grew about 199.6% a year, and dividends and buybacks returned about 0% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 4% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.0/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.4/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 36%: owes 36¢ per asset dollar.

weight 45% of this tense · 44th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, SuperCom, Ltd. earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 23 cents per dollar of everything the company owns. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count grew 186.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 47% of its family
  • return on equitytop 34% of its family
  • gross profit against assetstop 41% of its family
  • the share count against the year beforebottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.5/10

How strong is its position in its industry?

top 45% of 97 in its family; net margin 13.4%.

weight 33% of this tense · 55th percentile among 97 sector filers · read for its customers

From the record

SuperCom, Ltd.'s standing among 97 graded names in its industry family: revenue of $28 million in fiscal 2025 ranks in the bottom 16% by size; a net margin of 13.4% ranks in the top 28%; revenue growth of 16.5% a year over the last 3 filed years ranks in the top 24% (its annual reports).

What it rests on

  • revenue against the family$27.9Mbottom 16% of its family
  • net margin13.4%top 28% of its family
  • three-year revenue growth16.5%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.4/10

What are the people in charge doing?

SI estimate 5.4/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 78 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 78 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 78 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: SuperCom, Ltd.'s leadership is put at 5.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 78 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 94 in its family for room to expand.

weight 45% of this tense · 38th percentile among 94 sector filers · read for itself

From the record

SuperCom, Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $10 million against debt of $19 million leaves -13% of its assets as net cash, bottom 16% of its family; cash from operations less capital spending is -22.8% of revenue (bottom 24%); a gross margin of 55.2% (top 25%); research spending of 14.1% of revenue (bottom 38%) (its annual report).

What it rests on

  • cash less debt against assets-13.0%bottom 16% of its family
  • cash from operations less capital spending against revenue-22.8%bottom 24% of its family
  • gross margin55.2%top 25% of its family
  • research spending against revenue14.1%bottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 93 in its family for growth drivers.

weight 33% of this tense · 58th percentile among 93 sector filers · read for its customers

From the record

SuperCom, Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew 16.5% a year over the last three filed years against 3.8% over all 10, speeding up (top 11% of its family); the newest year grew 0.9% (bottom 30%); research spending grew 4.9% a year (bottom 45%); capital spending grew 18.9% a year (top 31%) (its annual reports). SuperCom, Ltd. reported 3 lines of business in fiscal 2025: Internet of Things at $25 million (91%), E Government at $2 million (6%), Cyber Security at $819 thousand (3%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+12.7 points a yeartop 11% of its family
  • the newest year's revenue growth0.9%bottom 30% of its family
  • three-year growth of research spending4.9%bottom 45% of its family
  • three-year growth of capital spending18.9%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.0/10

Did its newest year beat what its own record pointed to?

top 40% of 88 in its family for expectations against reality.

weight 22% of this tense · 60th percentile among 88 sector filers · read for its shareholders

From the record

SuperCom, Ltd.'s newest year against its own record: revenue of $28 million in fiscal 2025 came in 19.3% below the $35 million its prior three years' pace pointed to (bottom 10% of its family); net income of $4 million against a prior three-year average of $4 million (top 13%); a net margin of 13.4% against -18.3% before (top 18%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.3%bottom 10% of its family
  • net income against the prior three years' average+204%top 13% of its family
  • net margin against its prior average+31.8 pointstop 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton SPCB · research, not advice