- The electronic monitoring (“EM”) industry sector has gained increased attention as a viable means to provide courts and law enforcement valuable new options for supervising offenders
- EM’s alternative to incarceration is seen as a cost-saving measure that reduces recidivism while being responsive to community safety concerns, and this has led to financial growth in the industry
- SuperCom, a growing EM technology developer, has reported a number of key contract wins this year in North America and Europe for its PureSecurity platform and associated services, largely based on its ability to target domestic violence prevention through EM supervision
- A recent report by Simply Wall St noted that SuperCom has been optimizing its cash use, showing improved Return On Capital Employed (“ROCE”), and improvement in the company’s profit margin
GPS tracking technology developer SuperCom Ltd. (NASDAQ: SPCB) is gaining attention for its improving profitability amid the company’s heightened focus on court and police client electronic monitoring (“EM”). The company’s superior EM solutions allow dependable supervision of qualifying offenders while freeing them from expensive physical custody.
Simply Wall St noted in a recent article on SuperCom’s financial performance that the company’s Return On Capital Employed (“ROCE”), a metric evaluating how much pre-tax income a company earns on capital invested in its business, shows that SuperCom has already moved into positive territory for its…
NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB
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