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A2Z Reports Third Quarter 2026 Revenue of $10.9 Million

AZ
  • A2Z Cust2Mate Solutions Corp. delivered 2,000 Smart Carts in Q3 2026, doubling the 950 units shipped in Q2 2026.
  • Total revenue rose to $10.9 million in Q3 2026 from $5.9 million in Q2 2026, with Smart Cart revenue reaching $9.6 million, more than double the $4.4 million reported in Q2.
  • The company reported a gross profit of $3.7 million for Q3 2026, up from $2.5 million in the prior quarter, though gross margin declined to 33.4% from 42.6% due to product mix shifts.
  • Net loss for the third quarter was $6.6 million, an improvement from the $7.3 million loss recorded in Q2 2026.
  • Management announced the acquisition of Hedia in early October 2026 to enhance retail media monetization capabilities.
  • The company reiterated guidance for 10,000 cumulative Smart Cart deliveries by year-end 2026.
  • A2Z expects at least $25 million in Smart Cart revenue for the second half of 2026, excluding retail media contributions.
  • Management targets 19,000 cumulative unit deliveries by the end of 2027 based on existing backlogs.
  • Fourth quarter deliveries are projected to exceed the total for the first nine months of 2026.
  • A conference call to discuss these results was held on November 11, 2026, at 5 PM ET.
Company
A2Z Cust2Mate Solutions Corp.
Keywords
A2Z Cust2Mate Solutions Corp.