A2Z Reports Second Quarter 2026 Revenue of $5.9 Million
PR Newswire
TORONTO, Aug. 12, 2026
Delivery of Carts Nearly Doubled SequentiallyCommenced Deliveries to New Supermarket Customer During the Second QuarterSuccessful Execution Underscores Confidence in 2026 Year-End Target of 10,000 Carts; 3,350 Total Units Delivered to Customers as of June 30, 2026Projected H2 2026 Smart Cart Revenues of $25 Million, Weighted to the Fourth QuarterDedicated Manufacturing Facility Brought Online in Q2 Significantly Increases Delivery CapacityFinancing Facility Initiated with Bank Leumi for a $30 Million Credit LineCost Management Initiatives to be Completed in the Third Quarter will Reduce Operating Expenses by Approximately $7 Million AnnuallyManagement to Host Conference Call at 5 PM ET TodaySecond Quarter 2026 Highlights(All comparisons made are against the prior-year period unless otherwise noted)Delivered 950 units in the second quarter, up from 500 in the first quarter.Total revenue increased to $5.9 million from $1.2 million; Smart Cart revenue of $4.41 million increased 80% sequentially, from $2.45 million.Gross profit increased to $2.5 million, up from $0.3 million.Gross margin was 42.6%, compared to 23.3%.Net loss was $7.3 million, compared to a loss of $12.6 million.TORONTO, Aug. 12, 2026 /PRNewswire/ -- A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) (the "Company" or "A2Z"), a global leader in smart retail technology, announced earlier today its financial results for the second quarter ended June 30, 2026.
