RADCOM LTD

Analysis for Ticker: RDCM

RADCOM LTD provides cloud native network intelligence and automated service assurance solutions for telecommunications operators transitioning to 5G systems. On the surface, the company looks like a healthy enterprise with record 2025 revenue of 71,5$ million and a cash pile of 110$ million, but this is a mathematical illusion. While reporting a net income of 12$ million, the company quietly siphons off 6,1$ million every single year by printing free shares for its own insiders. This is like baking a pie for the owners but letting the chefs eat half of it for free before it ever reaches the table. The math is a disaster because the business is being hollowed out from the inside while a government entity acts as a permanent toll collector, demanding 3% of all revenue until a 56$ million debt is repaid.