Radcom Ltd. · NASDAQ:RDCM

Radcom — Q4 2019 Earnings Presentation

11 slides from Radcom's earnings presentation, March 2020

  1. Slide 1: Reference Slides Earnings Call for Q4-19

    Reference Slides Earnings Call for Q4-19

  2. Slide 2: Safe Harbor Provision

    SAFE Certain statements made herein that use words such as “estimate” , “project” , “intend”, “expect”, “believe”, “may”, “might”, “predict”, “potential”, “anticipate”, “plan” or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities HARB

  3. Slide 3: Overview

    OVERVIEW • Revenues for the fourth quarter of 2019 were $9.0 million • Cash and cash equivalents and short-term bank deposits of $69.3 million and no debt • 2020 revenue guidance range of $35-$38 million 3

  4. Slide 4: Fourth Quarter 2019 Financial Results

    Fourth Quarter 2019 Financial Results 4

  5. Slide 5: Consolidated Statements of Operations (GAAP)

    CONSOLIDATED STATEMENTS OF OPERATIONS (GAAP) Radcom Ltd. Consolidated Statements of Operations (thousands of U.S. dollars, except per share data) Three months ended Twelve months ended December 31, December 31, 2019 2018 2019 2018 (Unaudited) (Unaudited) (Unaudited) Revenues $ 9,029 $ 3,989 $ 33,010

  6. Slide 6: Consolidated Statements of Operations (Non-GAAP)

    CONSOLIDATED STATEMENTS OF OPERATIONS (NON-GAAP) Radcom Ltd. Non-GAAP Consolidated Statements of Operations (thousands of U.S. dollars, except per share data) Unaudited Three months ended Twelve months ended December 31, December 31, 2019 2018 2019 2018 NON-GAAP (1) Revenues $ 9,029 $ 3,989 $ 33,010

  7. Slide 7: Operating Expenses (GAAP)

    OPERATING EXPENSES (GAAP) Radcom Ltd. Operating Expenses (thousands of U.S. dollars) Three months ended Twelve months ended December 31, December 31, 2019 2018 2019 2018 (Unaudited) (Unaudited) (Unaudited) Research and development, gross $ 4,657 $ 4,074 $ 18,578 $ 15,503 Less - royalty-bearing parti

  8. Slide 8: Operating Expenses (Non-GAAP)

    OPERATING EXPENSES (NON-GAAP) Radcom Ltd. Non-GAAP Operating Expenses (thousands of U.S. dollars) Unaudited Three months ended Twelve months ended December 31, December 31, 2019 2018 2019 2018 NON-GAAP (1) Research and development, gross $ 4,496 $ 3,887 $ 17,849 $ 14,695 Less - royalty-bearing parti

  9. Slide 9: Consolidated Balance Sheets

    CONSOLIDATED BALANCE SHEETS Radcom Ltd. Consolidated Balance Sheets (thousands of U.S. dollars) As of As of December 31, December 31, 2019 2018 (Unaudited) Cash and cash equivalents $ 6,201 $ 61,988 Short-term bank deposits 63,080 - Trade receivables, net 11,039 20,381 Inventories 1,356 251 Other re

  10. Slide 10: Current Assets vs. Current Liabilities ($M)

    CURRENT ASSETS VS. CURRENT LIABILITIES ($M) 100.0 90.0 86.8 84.4 83.2 80.0 70.0 60.0 50.0 40.0 30.0 20.0 11.9 12.7 7.5 10.0 - Q4-17 Q4-18 Q4-19 Current Assets Current Liabilities 10

  11. Slide 11: (RDCM)

    (RDCM) All rights reserved. This presentation contains proprietary information of RADCOM Ltd. Without the express prior written permission of RADCOM Ltd., no part of the contents hereof may be used for any other purpose, disclosed to persons or firms outside the recipient company, or reproduced by a

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