A2Z Cust2Mate Solutions Corp.
NASDAQ•AZ
CEO: Mr. Gadi Graus
Sector: Technology
Industry: Software - Application
Listing Date: 2021-01-08
A2Z Cust2Mate Solutions Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point. The company also manufactures and sells precision metal parts; provides retail automation solutions; and develops Fuel Tank Inertia Capsule System technology (FTICS), a vehicle device cover for the military and civilian automotive industry. In addition, it provides maintenance services utilizing the application of advanced engineering capabilities to the military and security markets, as well as develops related products for the civilian and retail markets; container leasing services; and maintenance services for complex electronic systems and products. It serves its products to grocery stores, hardware stores, household essentials, do it yourself (DIY) retailers, discount stores, warehouse stores, convenience stores, drug stores, duty free shops, and similar outlets. The company was formerly known as A2Z Smart Technologies Corp. and changed its name to A2Z Cust2Mate Solutions Corp. in August 2024. The company is headquartered in Vancouver, Canada.
Contact Information
Market Cap
$245.92M
P/E (TTM)
-8.7
61.9
Dividend Yield
--
52W High
$12.36
52W Low
$5.00
52W Range
Rank59Top 87.6%
2.2
F-Score
Modified Piotroski Analysis
Based on 8-year fundamentals
Weak • 2.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2025
Financial Dashboard
Q3 2025 Data
Revenue
$1.55M-25.41%
4-Quarter Trend
EPS
-$0.04-76.33%
4-Quarter Trend
FCF
-$4.56M+586.43%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Operating Loss Narrows Operating loss improved to $(14.6M) USD in 2024, down from $(19.1M) USD in 2023, despite revenue decline.
Cash Position Significantly Rises Year-end cash increased $10.8M USD to $13.5M USD, supported by $22.8M USD net cash provided from financing.
Smart Cart Revenue Drops Total revenues fell 36.6% to $7.17M USD in 2024, primarily due to completion of major smart cart order fulfillment.
Next Gen Carts Launch Launched next generation 3.0 smart carts; anticipates starting deployment for these new modular solutions in Q3 2025.
Risk Factors
Internal Control Material Weakness Management identified material weakness in internal controls as of December 31, 2024, citing insufficient accounting resources.
High Customer Revenue Concentration Smart cart segment revenue highly concentrated; one customer accounted for 7% of 2024 revenue, down from 54% in 2023.
Geopolitical Instability Exposure Principal offices and significant customer base located in Israel, exposing operations to regional political and military instability.
Future Capital Raising Needed Expects need to raise additional capital soon; this financing is likely challenging, highly dilutive, and may depress share price.
Outlook
Deploying 3.0 Smart Carts Next generation 3.0 smart carts are launched; deployment is targeted to commence in the third quarter of 2025.
Shift to Subscription Model Intends to move away from outright purchase model, focusing on subscription-based recurring revenue streams for carts.
Monetizing Big Data Analytics Developing AI-powered analytics to generate digital revenue streams from shopper behavior data collected via smart carts.
Sufficient Working Capital Secured Financing completed in Q1 2025 provides sufficient working capital to fund operations for at least the next 12 months.
Peer Comparison
Revenue (TTM)
$1.66B
$727.55M
$545.94M
Gross Margin (Latest Quarter)
85.4%
74.9%
69.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| OCFT | $8.60B | -2.9 | -25.5% | 0.6% |
| FRGE | $623.01M | -9.6 | -29.8% | 1.8% |
| EB | $440.47M | -41.4 | -5.9% | 22.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-5.9%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:May 14, 2026
EPS:-$0.10
|Revenue:$5.58M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data