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Side-by-side financial comparison of SuperCom Ltd (SPCB) and Velo3D, Inc. (VELO). Click either name above to swap in a different company.

SuperCom Ltd is the larger business by last-quarter revenue ($14.2M vs $9.4M, roughly 1.5× Velo3D, Inc.). SuperCom Ltd runs the higher net margin — 37.5% vs -231.9%, a 269.4% gap on every dollar of revenue. On growth, SuperCom Ltd posted the faster year-over-year revenue change (-1.5% vs -25.2%). SuperCom Ltd produced more free cash flow last quarter ($-3.6M vs $-8.3M).

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.

Velo3D, Inc. develops and sells advanced end-to-end metal additive manufacturing (3D printing) solutions, comprising industrial-grade printers, specialized processing software, and high-performance metal materials. It primarily serves global aerospace, defense, energy, semiconductor and industrial manufacturing markets, enabling customers to produce complex, high-precision metal parts that are difficult to manufacture with traditional methods.

SPCB vs VELO — Head-to-Head

Bigger by revenue
SPCB
SPCB
1.5× larger
SPCB
$14.2M
$9.4M
VELO
Growing faster (revenue YoY)
SPCB
SPCB
+23.8% gap
SPCB
-1.5%
-25.2%
VELO
Higher net margin
SPCB
SPCB
269.4% more per $
SPCB
37.5%
-231.9%
VELO
More free cash flow
SPCB
SPCB
$4.7M more FCF
SPCB
$-3.6M
$-8.3M
VELO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
SPCB
SPCB
VELO
VELO
Revenue
$14.2M
$9.4M
Net Profit
$5.3M
$-21.9M
Gross Margin
61.2%
-73.6%
Operating Margin
16.3%
-231.0%
Net Margin
37.5%
-231.9%
Revenue YoY
-1.5%
-25.2%
Net Profit YoY
79.5%
-2.9%
EPS (diluted)
$1.32
$-0.87

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
SPCB
SPCB
VELO
VELO
Q4 25
$9.4M
Q3 25
$13.6M
Q2 25
$14.2M
$13.6M
Q1 25
$9.3M
Q4 24
$12.6M
Q3 24
$8.2M
Q2 24
$14.4M
$10.3M
Q1 24
$9.8M
Net Profit
SPCB
SPCB
VELO
VELO
Q4 25
$-21.9M
Q3 25
$-11.2M
Q2 25
$5.3M
$-13.3M
Q1 25
$-25.0M
Q4 24
$-21.3M
Q3 24
$-21.9M
Q2 24
$3.0M
$935.0K
Q1 24
$-27.5M
Gross Margin
SPCB
SPCB
VELO
VELO
Q4 25
-73.6%
Q3 25
3.2%
Q2 25
61.2%
-11.7%
Q1 25
7.5%
Q4 24
-3.5%
Q3 24
49.4%
Q2 24
52.3%
-28.0%
Q1 24
-28.8%
Operating Margin
SPCB
SPCB
VELO
VELO
Q4 25
-231.0%
Q3 25
-73.3%
Q2 25
16.3%
-85.4%
Q1 25
-123.6%
Q4 24
-167.0%
Q3 24
-213.8%
Q2 24
7.7%
-187.7%
Q1 24
-211.1%
Net Margin
SPCB
SPCB
VELO
VELO
Q4 25
-231.9%
Q3 25
-82.0%
Q2 25
37.5%
-97.7%
Q1 25
-268.4%
Q4 24
-168.5%
Q3 24
-265.3%
Q2 24
20.6%
9.0%
Q1 24
-281.2%
EPS (diluted)
SPCB
SPCB
VELO
VELO
Q4 25
$-0.87
Q3 25
$-0.65
Q2 25
$1.32
$-0.94
Q1 25
$-1.87
Q4 24
$7.06
Q3 24
$-35.52
Q2 24
$1.19
$1.65
Q1 24
$-55.51

Balance Sheet & Financial Strength

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

Metric
SPCB
SPCB
VELO
VELO
Cash + ST InvestmentsLiquidity on hand
$15.0M
$39.0M
Total DebtLower is stronger
$23.6M
$31.0M
Stockholders' EquityBook value
$37.3M
$38.2M
Total Assets
$65.5M
$105.3M
Debt / EquityLower = less leverage
0.63×
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPCB
SPCB
VELO
VELO
Q4 25
$39.0M
Q3 25
$11.8M
Q2 25
$15.0M
$854.0K
Q1 25
$3.9M
Q4 24
$1.2M
Q3 24
$1.6M
Q2 24
$5.7M
$3.2M
Q1 24
$10.9M
Total Debt
SPCB
SPCB
VELO
VELO
Q4 25
$31.0M
Q3 25
$23.0M
Q2 25
$23.6M
$22.5M
Q1 25
$21.7M
Q4 24
$5.7M
Q3 24
$32.3M
Q2 24
$29.2M
$33.5M
Q1 24
$44.0M
Stockholders' Equity
SPCB
SPCB
VELO
VELO
Q4 25
$38.2M
Q3 25
$29.9M
Q2 25
$37.3M
$21.4M
Q1 25
$32.8M
Q4 24
$39.7M
Q3 24
$34.4M
Q2 24
$13.8M
$52.1M
Q1 24
$45.5M
Total Assets
SPCB
SPCB
VELO
VELO
Q4 25
$105.3M
Q3 25
$93.7M
Q2 25
$65.5M
$78.4M
Q1 25
$91.3M
Q4 24
$89.2M
Q3 24
$110.8M
Q2 24
$49.6M
$116.7M
Q1 24
$136.1M
Debt / Equity
SPCB
SPCB
VELO
VELO
Q4 25
0.81×
Q3 25
0.77×
Q2 25
0.63×
1.05×
Q1 25
0.66×
Q4 24
0.14×
Q3 24
0.94×
Q2 24
2.11×
0.64×
Q1 24
0.97×

Cash Flow & Capital Efficiency

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

Metric
SPCB
SPCB
VELO
VELO
Operating Cash FlowLast quarter
$-2.2M
$-7.7M
Free Cash FlowOCF − Capex
$-3.6M
$-8.3M
FCF MarginFCF / Revenue
-25.3%
-88.3%
Capex IntensityCapex / Revenue
10.0%
6.4%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPCB
SPCB
VELO
VELO
Q4 25
$-7.7M
Q3 25
$-6.0M
Q2 25
$-2.2M
$-1.2M
Q1 25
$-12.3M
Q4 24
$-2.2M
Q3 24
$-2.0M
Q2 24
$-950.0K
$-8.0M
Q1 24
$-20.5M
Free Cash Flow
SPCB
SPCB
VELO
VELO
Q4 25
$-8.3M
Q3 25
$-6.3M
Q2 25
$-3.6M
$-3.0M
Q1 25
Q4 24
$-2.2M
Q3 24
$-2.0M
Q2 24
$-1.6M
$-8.0M
Q1 24
$-20.5M
FCF Margin
SPCB
SPCB
VELO
VELO
Q4 25
-88.3%
Q3 25
-46.5%
Q2 25
-25.3%
-22.2%
Q1 25
Q4 24
-17.7%
Q3 24
-24.2%
Q2 24
-10.8%
-77.1%
Q1 24
-209.8%
Capex Intensity
SPCB
SPCB
VELO
VELO
Q4 25
6.4%
Q3 25
2.3%
Q2 25
10.0%
13.3%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
4.2%
0.0%
Q1 24
0.1%
Cash Conversion
SPCB
SPCB
VELO
VELO
Q4 25
Q3 25
Q2 25
-0.41×
Q1 25
Q4 24
Q3 24
Q2 24
-0.32×
-8.52×
Q1 24

Financial Flow Comparison

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

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