Business Context and Reporting Period
Company: Supercom Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: February 2016 (Specifically dated February 3, 2016)
Context: The filing announces a new commercial agreement rather than providing periodic financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a specific business development rather than financial performance data.
Material Changes
- New Contract: Supercom Ltd. signed an agreement valued at $2.5 million.
- Product: The agreement covers the delivery of the IoT PureLockTM Suite.
- Region: The contract is for the South American market.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future financial guidance, outlook, risks, contingencies, or unusual items beyond the announcement of the new agreement.
Investor Verification Points
- Verify the specific terms and payment schedule of the $2.5 million South America agreement.
- Confirm the expected revenue recognition timeline for the IoT PureLockTM Suite delivery.
- Review the attached Press Release (Exhibit 99.1) for details on the customer and contract duration.