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Side-by-side financial comparison of LiveWire Group, Inc. (LVWR) and SuperCom Ltd (SPCB). Click either name above to swap in a different company.

SuperCom Ltd is the larger business by last-quarter revenue ($14.2M vs $11.4M, roughly 1.2× LiveWire Group, Inc.). SuperCom Ltd runs the higher net margin — 37.5% vs -155.2%, a 192.7% gap on every dollar of revenue. On growth, LiveWire Group, Inc. posted the faster year-over-year revenue change (5.5% vs -1.5%). SuperCom Ltd produced more free cash flow last quarter ($-3.6M vs $-8.9M).

LiveWire is an American electric motorcycle manufacturer. It was initially launched as a dedicated electric vehicle (EV) division for Harley Davidson in July 2021. The company was spun-off from its parent and went public on September 27, 2022, via merger with a special-purpose acquisition company (SPAC). It was the first publicly traded electric motorcycle company in the United States.

Super.com is a technology company headquartered in San Francisco and co-founded by Hussein Fazal and Henry Shi. The company provides financial services, including reward programs and travel bookings.

LVWR vs SPCB — Head-to-Head

Bigger by revenue
SPCB
SPCB
1.2× larger
SPCB
$14.2M
$11.4M
LVWR
Growing faster (revenue YoY)
LVWR
LVWR
+7.0% gap
LVWR
5.5%
-1.5%
SPCB
Higher net margin
SPCB
SPCB
192.7% more per $
SPCB
37.5%
-155.2%
LVWR
More free cash flow
SPCB
SPCB
$5.3M more FCF
SPCB
$-3.6M
$-8.9M
LVWR

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LVWR
LVWR
SPCB
SPCB
Revenue
$11.4M
$14.2M
Net Profit
$-17.6M
$5.3M
Gross Margin
0.8%
61.2%
Operating Margin
-156.2%
16.3%
Net Margin
-155.2%
37.5%
Revenue YoY
5.5%
-1.5%
Net Profit YoY
22.6%
79.5%
EPS (diluted)
$-0.09
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LVWR
LVWR
SPCB
SPCB
Q4 25
$11.4M
Q3 25
$5.7M
Q2 25
$5.9M
$14.2M
Q1 25
$2.7M
Q4 24
$10.8M
Q3 24
$4.4M
Q2 24
$6.4M
$14.4M
Q1 24
$5.0M
Net Profit
LVWR
LVWR
SPCB
SPCB
Q4 25
$-17.6M
Q3 25
$-19.4M
Q2 25
$-18.8M
$5.3M
Q1 25
$-19.3M
Q4 24
$-22.8M
Q3 24
$-22.7M
Q2 24
$-24.8M
$3.0M
Q1 24
$-23.6M
Gross Margin
LVWR
LVWR
SPCB
SPCB
Q4 25
0.8%
Q3 25
-50.9%
Q2 25
9.3%
61.2%
Q1 25
-79.0%
Q4 24
-49.8%
Q3 24
-34.2%
Q2 24
-27.6%
52.3%
Q1 24
-82.9%
Operating Margin
LVWR
LVWR
SPCB
SPCB
Q4 25
-156.2%
Q3 25
-330.0%
Q2 25
-311.0%
16.3%
Q1 25
-753.4%
Q4 24
-234.6%
Q3 24
-596.7%
Q2 24
-436.7%
7.7%
Q1 24
-611.1%
Net Margin
LVWR
LVWR
SPCB
SPCB
Q4 25
-155.2%
Q3 25
-340.2%
Q2 25
-320.6%
37.5%
Q1 25
-702.6%
Q4 24
-211.7%
Q3 24
-510.6%
Q2 24
-384.6%
20.6%
Q1 24
-475.0%
EPS (diluted)
LVWR
LVWR
SPCB
SPCB
Q4 25
$-0.09
Q3 25
$-0.10
Q2 25
$-0.09
$1.32
Q1 25
$-0.09
Q4 24
$-0.11
Q3 24
$-0.11
Q2 24
$-0.12
$1.19
Q1 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LVWR
LVWR
SPCB
SPCB
Cash + ST InvestmentsLiquidity on hand
$82.8M
$15.0M
Total DebtLower is stronger
$23.6M
Stockholders' EquityBook value
$46.0M
$37.3M
Total Assets
$146.4M
$65.5M
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LVWR
LVWR
SPCB
SPCB
Q4 25
$82.8M
Q3 25
$16.3M
Q2 25
$29.3M
$15.0M
Q1 25
$46.2M
Q4 24
$64.4M
Q3 24
$88.4M
Q2 24
$113.0M
$5.7M
Q1 24
$141.0M
Total Debt
LVWR
LVWR
SPCB
SPCB
Q4 25
Q3 25
Q2 25
$23.6M
Q1 25
Q4 24
Q3 24
Q2 24
$29.2M
Q1 24
Stockholders' Equity
LVWR
LVWR
SPCB
SPCB
Q4 25
$46.0M
Q3 25
$61.8M
Q2 25
$79.7M
$37.3M
Q1 25
$97.2M
Q4 24
$115.1M
Q3 24
$137.7M
Q2 24
$159.0M
$13.8M
Q1 24
$183.8M
Total Assets
LVWR
LVWR
SPCB
SPCB
Q4 25
$146.4M
Q3 25
$89.2M
Q2 25
$109.8M
$65.5M
Q1 25
$128.3M
Q4 24
$148.0M
Q3 24
$178.3M
Q2 24
$204.9M
$49.6M
Q1 24
$237.1M
Debt / Equity
LVWR
LVWR
SPCB
SPCB
Q4 25
Q3 25
Q2 25
0.63×
Q1 25
Q4 24
Q3 24
Q2 24
2.11×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LVWR
LVWR
SPCB
SPCB
Operating Cash FlowLast quarter
$-7.9M
$-2.2M
Free Cash FlowOCF − Capex
$-8.9M
$-3.6M
FCF MarginFCF / Revenue
-78.7%
-25.3%
Capex IntensityCapex / Revenue
9.1%
10.0%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-57.4M
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LVWR
LVWR
SPCB
SPCB
Q4 25
$-7.9M
Q3 25
$-13.3M
Q2 25
$-14.9M
$-2.2M
Q1 25
$-17.5M
Q4 24
$-21.9M
Q3 24
$-23.1M
Q2 24
$-26.0M
$-950.0K
Q1 24
$-22.9M
Free Cash Flow
LVWR
LVWR
SPCB
SPCB
Q4 25
$-8.9M
Q3 25
$-14.0M
Q2 25
$-16.3M
$-3.6M
Q1 25
$-18.1M
Q4 24
$-23.3M
Q3 24
$-24.7M
Q2 24
$-27.8M
$-1.6M
Q1 24
$-26.2M
FCF Margin
LVWR
LVWR
SPCB
SPCB
Q4 25
-78.7%
Q3 25
-245.9%
Q2 25
-277.7%
-25.3%
Q1 25
-660.0%
Q4 24
-216.3%
Q3 24
-555.3%
Q2 24
-431.1%
-10.8%
Q1 24
-525.6%
Capex Intensity
LVWR
LVWR
SPCB
SPCB
Q4 25
9.1%
Q3 25
12.9%
Q2 25
24.3%
10.0%
Q1 25
22.3%
Q4 24
13.1%
Q3 24
35.6%
Q2 24
28.5%
4.2%
Q1 24
65.1%
Cash Conversion
LVWR
LVWR
SPCB
SPCB
Q4 25
Q3 25
Q2 25
-0.41×
Q1 25
Q4 24
Q3 24
Q2 24
-0.32×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LVWR
LVWR

STACYC Segment$7.5M66%
Other$3.8M34%

SPCB
SPCB

Segment breakdown not available.

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