A2Z Cust2Mate Solutions Reports 78% Sequential Revenue Growth in Q2 2026

Earnings
โดย GuruFocus·IL·Read original
Summary · why it matters

A2Z Cust2Mate Solutions Corp reported second quarter 2026 revenue of $5.9 million, up 78% sequentially from $3.3 million in the first quarter, driven by smart cart deliveries nearly doubling to 950 units. Gross margin improved significantly to 42.6% from 4.2% in Q1, helped by higher volumes and the new China manufacturing facility. The company expanded its partnership with SuperSapir, increasing their total commitment to 7,000 smart carts, and added new customer HaStok. A2Z secured a $30 million credit line with Bank Leumi and expects to deliver 10,000 smart carts by end of 2026 and at least 19,000 by end of 2027. Operating loss remained high at $7.6 million, and net loss per share was $0.16.

Impact on stocks 1

Robotics & Physical AI · 1 stocks
A2Z Smart Technologies Corp
AZ
▲ PositiveCapitalrelevance

Reports 78% sequential revenue growth and improved gross margin, though operating loss remains high.

Off-coverage companies 3

Super Sapir LtdPrivate▲ Positive
Demandrelevance

Expanded partnership, increasing commitment to 7,000 smart carts.

HaStok Concept LtdPrivate▲ Positive
Demandrelevance

Added as a new customer for smart carts.

Bank Leumi le-Israel B.M.Private± Mixed
relevance