A2Z Cust2Mate Solutions Corp. Financial Results for Q1 2026
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), recognized as a frontrunner in smart retail technology, recently disclosed its financial outcomes for the first quarter that concluded on March 31, 2026. The company reported an impressive revenue of $3.3 million, marking a notable increase of 114% compared to the same period last year.
A Promising Transition to Commercial Deployment
Gadi Graus, the Chief Executive Officer of A2Z, articulated that the first quarter of 2026 is a pivotal moment for the company, as it transitions from pilot programs into large-scale commercial deployment. Over this quarter, A2Z expanded its delivered units to over 2,500 smart carts and increased its contracted backlog to exceed $195 million, indicating a scheduled deployment of approximately 19,000 additional carts globally by the end of 2027.
This transition represents a critical step in A2Z's evolution from merely providing smart carts to establishing a comprehensive connected retail platform. During this quarter, the company not only broadened its product reach but also initiated revenue generation from retail media activities.
Enhancing Operational Infrastructure
To support this growth, A2Z is actively enhancing its manufacturing capabilities and global operations. The company is scaling production and has established additional customer support centers in two new locations to ensure smooth implementation and upholding service for retailers. Thanks to these enhancements, A2Z expects stronger engagement from shoppers along with valuable behavioral data to amplify monetization opportunities on their platform.
In tandem with scaling operations, A2Z secured a $30 million contract-backed non-dilutive credit facility to bolster financial flexibility. This facility directly aligns financing with contracted deployment schedules, illustrating lenders’ confidence in A2Z's business model and strategic executions.
Strong Market Demand and Future Outlook
In terms of performance metrics, A2Z showed substantial retailer returns on investment (ROI). They achieved an approximate 15% uplift in basket size and reported usage rates over 95%, emphasizing heightened consumer engagement with the smart carts.
Graus concluded that physical retail holds immense untapped potential, and A2Z is capitalizing on the ongoing transformation toward more intelligent, data-driven retail solutions. Their smart cart technology is reshaping in-store operations and enhancing customer engagement, thereby unlocking new revenue avenues within the shopping experience.
The company is optimistic about its future, reinforced by a solid financial foundation and ample capital access. This positions A2Z to effectively manage its substantial contracted backlog while pursuing further large-scale deployments globally. A2Z aims to continue delivering enhanced value to its shareholders through strategic growth initiatives.
Conference Call Invitation
Management will elaborate on these financial results during a conference call held on May 15, 2026, at 8:30 a.m. ET. Interested participants can join by calling 1-877-407-0784 (U.S.) or 1-201-689-8560 (international), using the confirmation code 13760502. A replay of the call will be available until May 29, 2026.
About A2Z Cust2Mate Solutions Corp.
A2Z Cust2Mate Solutions Corp. revolutionizes the in-store shopping experience by seamlessly linking retailers, brands, and shoppers through their innovative Smart Cart technology. By turning traditional shopping carts into AI-powered platforms, they enhance shopper experience and drive revenue through targeted advertising and real-time insights.
For more information, visit
www.cust2mate.com.
Cautionary Notes: This release may contain forward-looking statements, and actual results may differ due to various risks and uncertainties. Refer to the company's SEC filings for detailed information on these risks.