SuperCom Ltd. (NASDAQ: SPCB) reported revenue of $27.9 million for 2025, representing a 1% increase from $27.6 million in 2024, according to a press release statement.

The Tel Aviv-based provider of electronic monitoring and security solutions posted net income of $3.75 million for 2025, compared to $661,000 in the previous year. The company also reported EBITDA of $9.4 million, up from $6.3 million in 2024.

Gross margin expanded to 55.2% in 2025 from 48.4% in 2024. Cash and cash equivalents plus bank deposits increased to $12.2 million from $3.2 million year-over-year.

For the fourth quarter of 2025, revenue grew 18% to $7.48 million. The company reported a net loss of $2.26 million for the quarter, which included $4 million in one-time expenses, including $1.9 million in bad debt expenses related to legacy operations in Africa and $1 million in warrant derivative fair value changes.

SuperCom secured more than 35 new electronic monitoring contracts in the United States since mid-2024, expanding into 16 new states. The company also received a $17 million national electronic monitoring contract from Sweden's Prison and Probation Service.

The company reduced its long-term debt by 45% since early 2024 through share issuances and amended debt terms that lowered annual interest rates from double digits to below 6%.