Radcom Ltd. · NASDAQ:RDCM
Radcom — Q1 2020 Earnings Presentation
11 slides from Radcom's earnings presentation, 2020
Slide 1: Reference Slides Earnings Call for Q1-2020
Reference Slides Earnings Call for Q1-2020
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 Liti
Slide 3: Overview
OVERVIEW • Revenues for the first quarter of 2020 were $8.3 million • Cash and cash equivalents and short-term bank deposits of $63.3 million and no debt • Reaffirming 2020 revenue guidance range of $35-$38 million 3
Slide 4: First Quarter 2020 Financial Results
First Quarter 2020 Financial Results 4
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) UNAUDITED Three months ended March 31, 2020 2019 Revenues 8,328 6,046 Cost of revenues 3,109 1,837 Gross profit 5,219 4,209 Gross profit % 63% 70% Researc
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 March 31, 2020 2019 NON-GAAP (1) Revenues $ 8,328 $ 6,046 Cost of revenues 3,080 1,808 Gross profit 5,248 4,238
Slide 7: Operating Expenses (GAAP)
OPERATING EXPENSES (GAAP) Radcom Ltd. Operating Expenses (thousands of U.S. dollars) UNAUDITED Three months ended March 31, 2020 2019 Research and development, gross $ 4,790 $ 4,645 Less - royalty-bearing participation - 404 Research and development, net 4,790 4,241 Sales and marketing 2,453 2,446 G
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 March 31, 2020 2019 NON-GAAP (1) Research and development, gross $ 4,623 $ 4,467 Less - royalty-bearing participation - 404 Research and development, net 4,623 4,063 Sales a
Slide 9: Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS Radcom Ltd. Consolidated Balance Sheets (thousands of U.S. dollars) As of As of December 31, March 31, 2020 2019 (Unaudited) Cash and cash equivalents $ 4,766 $ 6,201 Short-term bank deposits 58,526 63,080 Trade receivables, net 12,732 11,039 Inventories 431 1,356 Other r
Slide 10: Current Assets vs. Current Liabilities ($M)
CURRENT ASSETS VS. CURRENT LIABILITIES ($M) 10
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