A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) reported second-quarter 2026 revenue of $5.9 million, up from $1.2 million a year earlier, as Smart Cart deliveries increased to 950 units from 500 in the first quarter. Smart Cart revenue rose 80% sequentially to $4.41 million, while gross profit increased to $2.5 million from $0.3 million and gross margin improved to 42.6% from 23.3%. Net loss narrowed to $7.3 million from $12.6 million. A2Z had delivered 3,350 total units as of June 30 and said its year-to-date performance, backlog and visibility support its target of 10,000 deliveries by year-end 2026.
A2Z projects $25 million in Smart Cart revenue for the second half of 2026, weighted toward the fourth quarter, as its dedicated manufacturing facility in China increases delivery capacity. The company also secured a $30 million credit line with Bank Leumi to support inventory and growth and is implementing cost-management initiatives expected to reduce annual operating expenses by approximately $7 million. A2Z expects its Smart Carts to be deployed with at least two retailers outside Israel within the next six months and has 19,000 deliveries scheduled by the end of 2027 based on existing purchase orders and contracted backlog.
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About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) makes in-store retail smarter by connecting retailers, brands, and shoppers at the Smart Cart.Cust2Mate transforms everyday shopping carts into AI-powered, connected commerce platforms that elevate the in-store experience, turning each visit into a seamless, personalized, and rewarding journey. The Smart Cart platform helps retailers and brands grow revenue through targeted retail media and real-time shopper engagement at the moment purchase decisions are made. It delivers actionable, real-time data that provides full visibility into in-store shopper behavior and decision-making. With its modular, state-of-the-art technology, Cust2Mate enables retailers to increase revenue, optimize store operations, and mitigate loss across their chains at scale.
NOTE TO INVESTORS: The latest news and updates relating to AZ are available in the company’s newsroom at https://ibn.fm/AZ
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