Curated News
By: NewsRamp Editorial Staff
November 12, 2026
A2Z Cust2Mate Q3 Revenue Soars to $10.9M on Record Smart Cart Deliveries
TLDR
- A2Z Cust2Mate grew quarterly revenue to $10.9 million and targets 19,000 cumulative smart cart deliveries by 2027, signaling expanding market share.
- A2Z Cust2Mate revenue rose as smart cart deliveries hit a record 2,000 units, though gross margin fell to 33.4% on lower-margin models.
- A2Z Cust2Mate smart carts simplify shopping and personalize in-store experiences, aiming to make everyday retail more efficient and connected.
- A2Z Cust2Mate delivered 2,000 smart carts in one quarter, more than its entire first half, and acquired Hedia for retail media growth.
Impact - Why it Matters
The strong revenue growth and record deliveries signal accelerating adoption of smart cart technology, which could revolutionize the retail industry by enhancing shopper engagement, enabling targeted advertising, and providing valuable data insights. A2Z's reiterated targets and acquisition of Hedia position it well to capitalize on the growing retail media market, potentially driving further growth and profitability. For investors, this demonstrates the company's ability to execute and scale, while for retailers, it highlights the benefits of integrating smart carts to improve operations and customer experience.
Summary
A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ), a provider of smart retail technology, reported third-quarter 2026 revenue of $10.9 million, a significant increase from $5.9 million in the preceding quarter and $1.5 million in the year-ago period. This growth was driven by a record 2,000 smart cart deliveries during the quarter, which exceeded total deliveries for the entire first half of 2026. Gross profit rose to $3.7 million from $2.5 million sequentially, although gross margin declined to 33.4% from 42.6% due to shipments of lower-margin, earlier-generation models. Operating loss narrowed to $6.8 million from $7.6 million, and net loss decreased to $6.6 million from $7.3 million.
The company reiterated its targets of 10,000 cumulative smart cart deliveries by year-end 2026 and 19,000 by year-end 2027, based on existing backlog. A2Z also maintained its expectation of at least $25 million in smart cart revenue for the second half of 2026, excluding retail media contributions. In early October, A2Z completed its acquisition of Hedia, a profitable in-store retail media business generating approximately $20 million in annual revenue. Management expects fourth-quarter smart cart deliveries to exceed the total delivered during the first nine months of 2026. To view the full press release, visit https://ibn.fm/cM9P9.
A2Z Cust2Mate is transforming in-store retail through its connected in-store commerce platform, centered on its AI-powered Smart Cart, which creates a continuous digital connection with shoppers. The platform enhances shopping, enables targeted retail media, and captures real-time data on shopper behavior. The company combines advanced software, AI, computer vision, and purpose-built hardware to deliver personalized experiences and new revenue opportunities for retailers and brands. For more information, visit MissionIR.
Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, A2Z Cust2Mate Q3 Revenue Soars to $10.9M on Record Smart Cart Deliveries
