A2Z CUST2MATE SOLUTIONS CORP. (AZ) Form 6-K — Aug 12, 2026
A2Z Cust2Mate reported Q2 2026 revenue of $5.9 million, up roughly five-fold from $1.2 million a year earlier, as its smart cart segment contributed $4.4 million of sales. Net loss narrowed to $7.3 million ($0.16 per share) from $12.6 million ($0.31 per share) in Q2 2025. Commercial momentum accelerated: Sapir Group added a follow-on order for 4,000 smart carts, lifting its total commitment to about $84 million across 7,000 carts, and the company shipped roughly 950 units in the quarter (about 3,350 cumulative) while targeting roughly 10,000 deliveries by end of 2026 and 19,000 by end of 2027.
Key figures
- Eps
- -$0.16 Q2 2026 basic/diluted continuing ops (vs -$0.31 Q2 2025; H1: -$0.34 vs -$0.48)
- Revenue
- $5.904M Q2 2026 (H1 2026: $9.221M)
- Net Income
- -$7.336M Q2 2026 (vs -$12.591M Q2 2025; H1: -$15.617M vs -$19.345M)
- Total Debt
- $2.217M loans drawn plus $2.336M lease liabilities
- Debt Amount
- Bank Leumi facility up to NIS 92M ($30.893M); NIS 6.6M ($2.217M) drawn as of June 30, 2026; NIS 85.4M ($28.677M) committed and undrawn
- Revenue Yoy
- +409% Q2 YoY vs $1.160M Q2 2025 (H1: +241% vs $2.707M)
- Total Assets
- $74.180M
- Cash Position
- $14.782M cash and equivalents plus $3.875M restricted cash at June 30, 2026
- Interest Rate
- prime +4% per annum
- Shares Outstanding
- 44026467
- Buyback to date
- 1,066,541 shares for $6.7M net of commissions, all cancelled July 30, 2026
- Accumulated losses
- $153.416M
- Delivery target 2026
- ~10,000 smart carts by end of 2026
- Delivery target 2027
- ~19,000 smart carts by end of 2027
- Gross profit q2 2026
- $2.512M (vs $0.270M Q2 2025)
- Buyback authorization
- $20M through December 31, 2026, capped at 20% of public float
- Opex reduction target
- ~$7M annually from late-July 2026 organizational realignment
- Smart cart revenue q2 2026
- $4.413M
- Operating cash burn h1 2026
- -$21.776M (vs -$9.687M H1 2025)
- Weighted avg shares q2 2026
- 44749055
- Cumulative smart cart deliveries
- ~3,350 units as of June 30, 2026 (950 delivered in Q2 vs ~500 in Q1)
- Precision metal parts revenue q2 2026
- $1.491M
AI analysis
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