Radcom Ltd (STU:RAM)
€ 11.3 -0.30 (-2.59%) Market Cap: 195.82 Mil Enterprise Value: 114.39 Mil PE Ratio: 26.56 PB Ratio: 2.31 GF Score: 69/100

Q4 2024 Radcom Ltd Earnings Call Transcript

Feb 20, 2025 / 01:00 PM GMT
Release Date Price: €12.2 (+4.27%)

Key Points

Positve
  • Radcom Ltd (RDCM) achieved a record-breaking year in 2024, exceeding the midpoint of its full-year revenue guidance and marking its fifth consecutive year of growth.
  • Earnings per share surged by over 75% on a GAAP basis, and the company achieved the highest cash and short-term deposit balances in its history, totaling $94.7 million, while remaining completely debt-free.
  • Radcom Ltd (RDCM) secured a new multiyear contract with Norlis, the owner of Tele Denmark, reinforcing its position as a trusted partner for telecom operators.
  • The company is actively collaborating with ServiceNow to drive additional business, leveraging AI-driven assurance solutions to enhance customer satisfaction and network efficiencies.
  • Radcom Ltd (RDCM) received notable industry recognition, winning the Network Innovation Award for Best Network Test and Measurement Solution, highlighting its innovative approach and advanced AI capabilities.
Negative
  • The company's net income for the fourth quarter of 2024 remained steady at $3.8 million, unchanged from the same period in 2023, due to low interest rates and higher tax expenses.
  • There is no clear visibility regarding future grants from the Israel Innovation Authority beyond the first quarter of 2025, which could impact funding for innovation programs.
  • Radcom Ltd (RDCM) plans to increase its investment in R&D, which may affect short-term profitability as it focuses on developing new capabilities and supporting strategic partnerships.
  • Sales and marketing expenses increased significantly in 2024, reflecting the company's efforts to expand its market presence and support an increasing pipeline of opportunities.
  • Despite strong cash flow and record cash balances, the company is cautious about pursuing acquisitions and is taking its time to evaluate potential opportunities, which may delay expansion efforts.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RDCM.OQ - Radcom Ltd
Q4 2024 Radcom Ltd Earnings Call
Feb 20, 2025 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, thank you for standing by. Welcome to the Radcom Limited Results conference call for the 4th quarter of 2024. All participants are present in the listen-only mode. Following management's formal presentation. Instructions will be given for the question and answer session.

For operator assistance during the conference, please press 0. As a reminder, this conference is being recorded and will be available for replay on the company's website at www.radcom.com later today. On the call are Benny Epstein, Radcom's CEO, and Haddarahav, Radcom's CFO. Please note that management has prepared a presentation for your reference that will be used during the call. If you have not downloaded it yet, you may do so through the link in the
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot