Major Estimate Revision • 19h
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$28.8m to US$27.8m. Losses expected to increase from US$0.36 per share to US$0.41. Aerospace & Defense industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$22.50 unchanged from last update. Share price fell 18% to US$5.88 over the past week. Anuncio • May 04
A2Z Cust2Mate Solutions Corp. to Report Q1, 2026 Results on May 15, 2026 A2Z Cust2Mate Solutions Corp. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 15, 2026 Major Estimate Revision • Apr 21
Consensus revenue estimates fall by 28% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$40.0m to US$28.8m. Forecast losses increased from -US$0.165 to -US$0.36 per share. Aerospace & Defense industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$22.50 unchanged from last update. Share price fell 3.9% to US$7.63 over the past week. Reported Earnings • Apr 04
Full year 2025 earnings released: US$0.95 loss per share (vs US$0.80 loss in FY 2024) Full year 2025 results: US$0.95 loss per share (further deteriorated from US$0.80 loss in FY 2024). Revenue: US$7.90m (up 10% from FY 2024). Net loss: US$35.3m (loss widened 108% from FY 2024). Revenue is forecast to grow 100% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (28% increase in shares outstanding). Major Estimate Revision • Mar 01
Consensus revenue estimates increase by 41% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from US$6.60m to US$9.31m. Forecast losses expected to reduce from -US$0.73 to -US$0.66 per share. Aerospace & Defense industry in the US expected to see average net income growth of 28% next year. Consensus price target of US$30.00 unchanged from last update. Share price fell 5.3% to US$5.23 over the past week. Breakeven Date Change • Mar 01
Forecast to breakeven in 2027 The analyst covering A2Z Cust2Mate Solutions expects the company to break even for the first time. New forecast suggests losses will reduce by 44% per year to 2026. The company is expected to make a profit of US$27.0m in 2027. Average annual earnings growth of 115% is required to achieve expected profit on schedule. Anuncio • Feb 25
A2Z Cust2Mate Solutions Corp. Provides Preliminary Unaudited Revenues Guidance for the Fourth Quarter and Full-Year Ended December 31, 2025 A2Z Cust2Mate Solutions Corp. provided preliminary unaudited revenues guidance for the fourth quarter and full-year ended December 31, 2025. Preliminary Unaudited Revenues of $4.6 million to $5.2 million for the Fourth Quarter 2025.
Preliminary Unaudited Revenues of $8.9 million to $9.5 million for the Full-Year 2025. Anuncio • Jan 21
A2Z Cust2Mate Solutions Corp., Annual General Meeting, Mar 31, 2026 A2Z Cust2Mate Solutions Corp., Annual General Meeting, Mar 31, 2026. Anuncio • Jan 08
A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) announces an Equity Buyback for $20 million worth of its shares. A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) announces an share repurchase program. Under the program, the company will repurchases up to $20 million worth of its outstanding common shares. The purpose of the program is to address the undervaluation of the Company’s shares by repurchasing common stock as a strategic use of capital to enhance shareholder value. The Company will use its existing cash and cash equivalents to execute the Repurchase Program. The program will valid till April 6, 2026. Anuncio • Jan 02
A2z Cust2mate Solutions Corp. Announces Executive Changes, Effective December 31, 2025 A2Z Cust2Mate Solutions Corp. announced that Bentsur Joseph has stepped down from his role as Director and Chairman of the Board of Directors of the company and all its subsidiaries, effective December 31, 2025. Following Mr. Joseph's resignation, Mr. Gadi Graus, Chief Executive Officer of A2Z Cust2Mate, has been appointed Interim Chairman of the Board, in addition to his role as CEO. The company has initiated a structured process to identify and appoint a highly experienced Chairperson, with a proven track record in leading large, global companies, to support A2Z Cust2Mate's next phase of growth and global scale. Anuncio • Sep 11
A2Z Cust2Mate Solutions Corp. Appoints Fraser Neil as Chief Sales Officer A2Z Cust2Mate Solutions Corp. announced the appointment of Fraser Neil as its new Chief Sales Officer (CSO). Neil who started this month, will be responsible for building and leading Cust2Mate's global sales organization, with dedicated sales executives based in North America, Europe, and Israel. With nearly 30 years of experience in CPG, retail, field sales, SaaS, and AI-driven technology solutions, Neil brings a proven track record of driving international growth, building high-performing teams, and delivering consistent revenue results. Most recently, he served as Vice President of CPG at Trax Retail Ltd., where he successfully led revenue growth with both regional and global scale clients, consistently surpassing booking and revenue targets while spearheading product innovation and customer acquisition strategies. His deep experience working with both retailers and CPGs positions him to accelerate Cust2Mate's model of enabling and monetizing retail media, data, and third-party services through the Smart Cart platform. Neil's career spans senior leadership roles at Trax Retail Ltd. and McCurrach (Avidity Group), where he consistently exceeded sales targets, secured Tier 1 global retailers, and developed large-scale commercial strategies for brands including Unilever, Diageo, Kimberly-Clark, PepsiCo, and Nestl. His expertise in sales strategy, consultative selling, and global relationship management will be instrumental in scaling Cust2Mate's presence across key markets and ensuring measurable success for both the company and its retail partners. Anuncio • Aug 28
Alpha Modus Files Patent Infringement Lawsuit Against A2Z Cust2Mate Solutions Corp., Defending Core AI Retail Innovations Alpha Modus Corp., a wholly-owned subsidiary of Alpha Modus Holdings Inc. announced that it filed a patent infringement lawsuit on August 25, 2025, in the U.S. District Court for the Eastern District of Texas against A2Z Cust2Mate Solutions Corp., a Canadian-based provider of AI-powered “smart shopping carts.” The complaint alleges Cust2Mate has infringed five Alpha Modus patents that represent the backbone of next-generation retail technology: U.S. Patent No. 10,977,672 – Real-time inventory management, marketing, and advertising, U.S. Patent No. 11,042,890 – Customer assistance through real-time monitoring and engagement, U.S. Patent No. 11,301,880 – AI-powered retail inventory management, U.S. Patent No. 11,049,120 – Intelligent store layout optimization (AI-driven planograms), U.S. Patent No. 12,354,121 – Seamless in-store shopping and checkout systems, Alpha Modus asserts that Cust2Mate’s smart cart products directly infringe these patents by tracking items in carts, analyzing consumer behavior, enabling in-cart payments, and delivering personalized promotions all core functionalities protected by Alpha Modus’ intellectual property. Wider Industry Implications: The patents at issue extend far beyond smart carts. They cover essential technologies now being tested and deployed by the largest retailers and technology companies worldwide, and global grocers experimenting with cashierless checkout and AI-driven planogram optimization. Anuncio • Jul 09
Refael Elhadad entered into an agreement to acquire A2ZMS Advanced Military Solutions Ltd. from A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) for ILS 0.5 million. Refael Elhadad entered into an agreement to acquire A2ZMS Advanced Military Solutions Ltd. from A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) for ILS 0.5 million on June 30, 2025. Anuncio • Jun 13
Iron Dove Technologies Inc. entered into a share purchase agreement to acquire Isramat Ltd from A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) for ILS 9.5 million. Iron Dove Technologies Inc. entered into a share purchase agreement to acquire Isramat Ltd from A2Z Cust2Mate Solutions Corp. (NasdaqCM:AZ) for ILS 9.5 million on June 12, 2025. A cash consideration of ILS 3.25 million and of ILS 6.31 million will be paid by Iron Dove Technologies Inc. As part of consideration, ILS 3.25 million is paid towards common equity and ILS 6.31 million is paid towards non-convertible debt of Isramat Ltd.
The transaction is subject to and approved by A2Z Cust2Mate Solutions board of directors.
Neville Weitzman Consultants Ltd. acted as fairness opinion provider to A2Z Cust2Mate Solutions Corp. Anuncio • Jan 29
A2Z Cust2Mate Solutions Corp. has completed a Follow-on Equity Offering in the amount of $21 million. A2Z Cust2Mate Solutions Corp. has completed a Follow-on Equity Offering in the amount of $21 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 3,281,250
Price\Range: $6.4
Discount Per Security: $0.448 Anuncio • Jan 28
A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering. A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock Anuncio • Dec 13
A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering in the amount of $12.4608 million. A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering in the amount of $12.4608 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,947,000
Price\Range: $6.4
Transaction Features: Registered Direct Offering Anuncio • Oct 02
A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering in the amount of $4.057499 million. A2Z Cust2Mate Solutions Corp. has filed a Follow-on Equity Offering in the amount of $4.057499 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,409,999
Price\Range: $0.75
Transaction Features: Registered Direct Offering Anuncio • Aug 06
A2Z Cust2Mate Launches its Smart Carts at Franprix in Paris A2Z Smart Technologies Corp. ("A2Z") ("Company") announced the first deployment of its new generation Cust2Mate 3.0 smart shopping carts at Franprix in Paris, France. Franprix is a leading grocery chain that operates over 600 stores in France. The A2Z Cust2Mate innovative smart shopping carts that were deployed feature an all-in-one clip-on panel equipped with advanced AI technology, self-scanning, and in-cart payments for a convenient "pick and go" experience. The 3.0 carts enable the "connected store," combining online and physical shopping to offer exclusive promotions and personalized product recommendations as if shopping online. These carts enhance convenience, redefine the shopping experience, and streamline the checkout process, improving shopper satisfaction while increasing basket size and reducing shrinkage for retailers, thus revolutionizing the retail experience. Customers based in Paris were able to use the carts for the first time during the public launch August 5, 2024. Anuncio • Jul 08
A2Z Smart Technologies Corp., Annual General Meeting, Jul 29, 2024 A2Z Smart Technologies Corp., Annual General Meeting, Jul 29, 2024. Location: meeting id: 934 8733 2250, Canada Anuncio • Jun 08
A2Z Smart Technologies Corp. Provides Update on Deployment Plans for its Product, the Cust2Mate Smart Cart A2Z Smart Technologies Corp. announced that A2Z is excited to announce that Cart 3.0 is ready for deployment. This new version features a detachable control panel, overhauled software for seamless transition from 2.5 to 3.0 carts, reduced costs and weight of control panels, integration with a new generation security scale and continuous software improvement further enhancing the customer experience. The control panel kits are designed for a four-minute retrofit on existing carts, and the check-in and check-out units (charging stations) are ready to be installed. The initial deployment of Cust2Mate 3.0 carts will commence across at least three chains on three continents, including Yochananof in Israel, Morton Williams in New York and Monoprix in France. Additionally, Cust2Mate 3.0 carts have been shipped to local partners in France, Romania, Central America, Thailand and Australia in anticipation of further deployments. A2Z continues to enhance its theft mitigation solutions and infrastructure, introducing new measures for anomaly detection and corresponding actions based on identified anomalies. The Company is developing AI-driven tools to improve weight discrepancy detection and reduce noise. These advancements enable A2Z and its clients to make informed product decisions, balancing theft mitigation with a frictionless user experience. Additionally, a generic POS gateway has been developed to streamline integration with new partners and customers. The market appetite for smart cart solutions has significantly increased, with almost all large chains actively seeking solutions to address their pain points. A2Z is in ongoing discussions with leading chains worldwide to integrate Cust2Mate smart carts into their stores. To expedite time to market, the Company has adopted a new fast-track onboarding process. Retail Media is emerging as the fastest-growing digital marketing channel, offering significant revenue potential for retailers worldwide. The Cust2Mate 3.0 smart cart is positioned as a natural platform to bring Retail Media to physical stores, representing a potential game-changer in the industry. A2Z views retail media as a significant revenue generator and is in discussions with several retail media players to form mutually beneficial partnerships, further boosting market penetration and tapping into new advertising revenue streams. The analytics and dashboard tools in A2Z's 360-management system have been revamped, with augmented dashboards for cart performance and store operations, and new dashboards for store managers to monitor store performance. Retail Media performance measurement and management tools have also been developed. A2Z's platform now supports integration with retailers and third-party BI and Data systems through newly developed APIs, and the data infrastructure has been overhauled to enhance structure, databases, queries, analyses and presentation. Anuncio • Feb 22
A2Z Announces Delisting from the TSXV A2Z Smart Technologies Corp. ("A2Z" or the "Company") announced that it has applied and received approval for a voluntary delisting of its common shares from the TSX Venture Exchange ("TSXV"). The delisting from the TSXV will not affect the Company's listing on the NASDAQ Capital Market (the "NASDAQ"). The common shares will continue to trade on the NASDAQ under the symbol "AZ". The Company believes that the trading volume of its shares on the TSXV no longer justifies the expenses and administrative efforts required to maintain a dual listing. The Company also believes that delisting from the TSXV will create a central marketplace for its common shares on the NASDAQ, and ultimately benefit the long-term liquidity and shareholder value of the Company. It is anticipated that, effective as at the close of trading on or about February 29, 2024, A2Z's common shares will no longer be listed and posted for trading on the TSXV. Following delisting from the TSXV, A2Z's shareholders can trade their common shares through their brokers on NASDAQ. As most brokers in Canada, including many discount and online brokers, have the ability to buy and sell securities listed on NASDAQ, A2Z's NASDAQ listing will continue to provide shareholders with the same accessibility to trade the Company's common shares. Shareholders holding shares in Canadian brokerage accounts should contact their brokers to confirm how to trade A2Z's shares on the NASDAQ. Anuncio • Jan 16
A2Z Smart Technologies Corp. has completed a Follow-on Equity Offering. A2Z Smart Technologies Corp. has completed a Follow-on Equity Offering.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 2,806,302
Price\Range: $1.15
Security Name: Common Warrant
Security Type: Equity Warrant
Securities Offered: 1,403,151
Transaction Features: Registered Direct Offering Anuncio • Jan 12
A2Z Smart Technologies Corp. Unveils Cust2Mate 3.0 Smart Cart A2Z Smart Technologies Corp. introduced Cust2Mate 3.0, the latest iteration of its smart cart. Designed to meet the evolving demands of consumers navigating an extensive array of choices and the challenges faced by retailers in an era of thin profit margins and increased shrinkage, Cust2Mate 3.2Mate 3.0 brings a host of new features to the forefront. At the heart of the innovation is the all-in-one detachable panel, featuring a 13.3" interactive touchscreen. This panel easily clips on to any shopping cart, transforming traditional shopping carts into multi technology smart carts. Cust2Mate's 3.0 smart cart, designed for ease of mass production and reduced installation and maintenance costs, also results in a considerable reduction in weight, significantly enhancing maneuverability and space efficiency. The Cust 2Mate 3.0 smart cart also addresses the growing shrinkage epidemic, which has been estimated to exceed $100 billion in the United States1. The Smart Cart's theft mitigation features include computer vision, RFID, and AI anomaly behavior detection, which complement the existing item sensor capabilities such as barcode scanner and weight sensors. Leveraging behavioral data and on-cart screens, the Cust2Mate 3. 0 smart cart software can deliver personalized, context-driven, real-time product recommendations, promotions, and advertisements throughout the shopper's in-store journey. Through automation and big data-driven actionable insights, Cust2Mate3.0 optimizes store operations, marking a significant step towards the future of retail. As part of this launch, A2Z Smart Technologies is also thrilled to announce the unveiling of a new website which will serve as a comprehensive platform for customers to explore the features and capabilities of Cust2Mate 3.1, stay updated on the latest news and developments, and engage with the innovative solutions offered by the company. Cust2Mate will be presenting the 3.0 smart cart in the coming NRF 2024 Retail's Big Show, at Booth 6712. The show is held in the Javits Center, New York, USA on January 14-16. Anuncio • Dec 15
A2Z Smart Technologies Corp. has filed a Follow-on Equity Offering in the amount of $1.49015 million. A2Z Smart Technologies Corp. has filed a Follow-on Equity Offering in the amount of $1.49015 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,295,783
Price\Range: $1.15
Security Name: Common Warrants
Security Type: Equity Warrant
Securities Offered: 647,891
Transaction Features: Registered Direct Offering Reported Earnings • Nov 17
Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2023 results: US$0.052 loss per share (improved from US$0.22 loss in 3Q 2022). Revenue: US$2.59m (down 2.3% from 3Q 2022). Net loss: US$1.91m (loss narrowed 68% from 3Q 2022). Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 75%. Revenue is forecast to grow 82% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Anuncio • Sep 22
A2Z Smart Technologies Corp. Announces the Formation of the Cust2mate Advisory Board, Alongside the Appointment of Steve Robinson as Member of the Advisory Board A2Z Smart Technologies Corp. announced the formation of the Cust2Mate advisory board, alongside the appointment of Steve Robinson as a member of the advisory board, to help guide strategic initiatives and drive company growth. With over 30 years of experience in supply chain and operations, Steve brings a deep understanding of the retail industry from his roles at Walmart and Starbucks. A2Z is leveraging its advisory board to help scale and expand its Cust2Mate solution, an AI and computer vision-equipped smart shopping cart. Cust2Mate's transition to a global software platform provider is strengthened by successful deployments with leading retailers, solidifying A2Z Cust2mate's position as an industry pioneer with its advisory board's strategic guidance. Steve Robinson previously served as the Vice President of Global Supply Chain at Walmart Inc., one of the world's largest and most influential retailers. In this role, he oversaw the management of the company's supply chain, driving operational efficiencies and ensuring seamless logistics across Walmart's extensive network. In a similar role at the Starbucks Corporation as the Vice President of the Starbucks Center of Supply Chain Excellence, he played a key part in fueling hyper-growth and delivering substantial value, contributing significantly to Starbucks' global success. Now, Steve serves as the CEO and founder of The Supply Chain Project.ORG, a 501(c)(3) non-profit organization, where his commitment to reducing human suffering, social justice, and hunger eradication through supply chain strategies is evident. Steve's extensive knowledge in both asset-based and non-asset-based logistics equips him with a comprehensive understanding of the complexities and challenges faced by global retailers. His expertise spans strategic planning, procurement, manufacturing, distribution, and international logistics. As a Cust2Mate advisory board member, Steve will help to ensure that the Cust2Mate solution aligns with the needs and demands of major retailers, positioning the company as a pioneer of technology that is blazing a trail in the supermarket industry. The formation of the advisory board positions A2Z Cust2Mate to further drive innovation, streamline operations, and create sustainable growth opportunities. The recent partnership between Cust2Mate and retail integrator IR2S to deploy 30,000 smart carts between 2023 and 2026 across renowned retail chains in France strengthens A2Z Cust2Mate's commitment to delivering cutting-edge technology solutions that transform the retail landscape. Reported Earnings • Aug 15
Second quarter 2023 earnings released: US$0.21 loss per share (vs US$0.11 loss in 2Q 2022) Second quarter 2023 results: US$0.21 loss per share (further deteriorated from US$0.11 loss in 2Q 2022). Revenue: US$2.86m (up 100% from 2Q 2022). Net loss: US$6.97m (loss widened 136% from 2Q 2022). Revenue is forecast to grow 69% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$18m net loss next year). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (US$77.6m market cap). Anuncio • Jul 08
A2Z Smart Technologies Corp. Announces Board of Directors Changes A2Z Smart Technologies Corp. announced that Mr. Niv Raz Haim has resigned from the board of directors of the Company, and the Board has accepted his resignation. The Company also announced the appointment of Mr. Adi Vazan, as an independent member of the Board, to fill this vacancy, such appointment to be effective immediately. Mr. Vazanis an experienced entrepreneur and accomplished senior executive, with extensive and diverse experience in managing companies and organizations, with understanding of both the technological and business aspects inherent in the Company's activities. New Risk • Jun 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$18m net loss next year). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (US$77.9m market cap). Anuncio • Jun 16
A2Z Smart Technologies Corp. has completed a Follow-on Equity Offering in the amount of $5.872896 million. A2Z Smart Technologies Corp. has completed a Follow-on Equity Offering in the amount of $5.872896 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 3,262,720
Price\Range: $1.8
Discount Per Security: $0
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 1,631,356
Transaction Features: Registered Direct Offering New Risk • Jun 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$10m free cash flow). Earnings are forecast to decline by an average of 4.1% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$18m net loss next year). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (US$79.0m market cap). Reported Earnings • May 17
First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.088 loss in 1Q 2022) First quarter 2023 results: US$0.11 loss per share (further deteriorated from US$0.088 loss in 1Q 2022). Revenue: US$4.61m (up 219% from 1Q 2022). Net loss: US$3.57m (loss widened 52% from 1Q 2022). Revenue is forecast to grow 121% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. Reported Earnings • Mar 28
Full year 2022 earnings released: US$0.66 loss per share (vs US$1.73 loss in FY 2021) Full year 2022 results: US$0.66 loss per share (improved from US$1.73 loss in FY 2021). Revenue: US$9.35m (up 248% from FY 2021). Net loss: US$18.3m (loss narrowed 55% from FY 2021). Revenue is forecast to grow 108% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Aerospace & Defense industry in the US. Anuncio • Feb 09
A2Z Smart Technologies Corp. Announces Change in Board of Directors A2Z Smart Technologies Corp. announced that Mr. Shlomo Paksher has resigned from the board of directors of the Company, and the Board has accepted his resignation. The Company also announces the appointment of Mr. Niv Raz Haim, as an independent member of the Board, to fill this vacancy, such appointment to be effective immediately. Mr. Raz Haim is a leading entrepreneur and businessman in the Israeli hospitality and dining industries and operates businesses that host events that cater to over 10,000 patrons per month and employ over 150 people. Mr. Raz Haim holds a bachelor’s degree and is a member of the international gastronomic society - Confrérie de la Chaîne des Rôtisseurs. The Company further announces the appointment of Mr. Gadi Graus, as a member of the Board, effective immediately. Mr. Graus has 30 years experience advising multinational corporations on legal, business and related aspects of their, corporate, business and M&A activities. Prior to joining A2Z, Mr. Graus was a senior partner at Shibolet & Co., one of Israel’s largest law firms. Mr. Graus currently serves as President of the Company and as a director of Cust2Mate Ltd., one of the Company’s subsidiaries. Mr. Graus holds an LLB and an MBA. Board Change • Jan 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Niv Raz Haim was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jan 20
A2Z Smart Technologies Corp., Annual General Meeting, Feb 28, 2023 A2Z Smart Technologies Corp., Annual General Meeting, Feb 28, 2023. Anuncio • Jan 19
A2z Smart Technologies Launches Next Generation V2.8 Light Smart Cart A2Z Smart Technologies Corp. announced that it has developed and launched a new Smart Cart model which will extend and complement the Company's current offerings. The new Version 2.8 has been developed after consultation with major retailers around the world, predominately in the European and Asian markets.The new V2.8 is a lighter model and comes in 180 litre and 75 litre sizes. This allows product offering to now be used in stores of all sizes from hypermarket right down to convenience stores, and in a variety of retail fields from groceries and supermarkets to drugstores and duty free shops. The new versions carry the same touch screens and all the security features as their big brother. This brings the suite of smart carts on offer now to four, ranging from 270 litre down to 75litre carts which make it the most comprehensive offering in the market. Anuncio • Jan 13
A2Z Smart Technologies Announces That It Will Display Its Smart Cart Line of Products At the NRF 2023 Big Retail Show in NYC A2Z Smart Technologies Corp. announced that it will participate at the NRF 2023 Big Retail Show in New York from January 14, 2023 to January 17, 2023. The event will be held at the Javits Centre and Cust2mate will display its line of smart cart products at booth number 62570 located on the floor of the event where the company will show all latest exciting developments. Added to this, the company will have the benefit of being able to do live demonstrations in Morton Williams West End Store where customers can use the smart carts by themselves. Cust2Mate is an advanced proven-in-use mobile self-checkout (SCO) smart cart for retail markets. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers. Anuncio • Jan 07
A2Z Smart Technologies Corp. Announces Change in Board of Directors A2Z Smart Technologies Corp. announced that Mr. Shlomo Paksher has resigned from the board of directors of the Company and the Board has accepted his resignation. The Company also announced the appointment of Mr. Niv Raz Haim, as an independent member of the Board, to fill this vacancy, such appointment to be effective immediately. Mr. Raz Haim is a leading entrepreneur and businessman in the Israeli hospitality and dining industries and operates businesses that host events that cater to over 10,000 patrons per month and employ over 150 people. Mr. Raz Haim holds a bachelor's degree and is a member of the international gastronomic society - Confrérie de la Chaîne des Rôtisseurs. The Company further announced the appointment of Mr. Gadi Graus, as a member of the Board, effective immediately. Mr. Graus has 30 years experience advising multinational corporations on legal, business and related aspects of their, corporate, business and M&A activities. Prior to joining A2Z, Mr. Graus was a senior partner at Shibolet & Co., one of Israel's largest law firms. Mr. Graus currently serves as President of the Company and as a director of Cust2Mate Ltd., one of the Company's subsidiaries. Mr. Graus holds an LLB and an MBA. Reported Earnings • Nov 17
Third quarter 2022 earnings released: US$0.22 loss per share (vs US$0.073 loss in 3Q 2021) Third quarter 2022 results: US$0.22 loss per share (further deteriorated from US$0.073 loss in 3Q 2021). Revenue: US$2.65m (up US$2.37m from 3Q 2021). Net loss: US$5.96m (loss widened 241% from 3Q 2021). Revenue is forecast to grow 111% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Aerospace & Defense industry in the US. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Bentsur Joseph is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.