A2Z Cust2Mate Partners with HaStock to Deploy Smart Carts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Source: PRnewswire
- Smart Cart Deployment: A2Z Cust2Mate has partnered with HaStock to deploy 2,000 smart shopping carts in three key stores in Haifa, Beer Sheba, and Petach Tikva starting Q3 2026, with projected revenues exceeding $21 million over five years, significantly enhancing HaStock's retail efficiency and customer experience.
- Comprehensive Collaboration: The agreement encompasses not only the deployment of smart carts but also a comprehensive collaboration across data, retail media, and digital services managed by A2Z Cust2Mate, allowing both companies to share in the resulting revenue and strengthening their strategic partnership in retail technology.
- Growing Market Demand: This collaboration reflects a shared vision for the future of retail, driven by significant advancements in A2Z Cust2Mate's platform and increasing demand for smart cart solutions, marking a shift towards scalable execution of smart retail technologies.
- Digital Infrastructure Development: A2Z Cust2Mate's smart carts are positioned as a foundational layer in the digital infrastructure of in-store retail, enabling real-time interactions with consumers and delivering personalized content and promotions, thereby helping retailers unlock new revenue streams and optimize operations.
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Analyst Views on AZ
Wall Street analysts forecast AZ stock price to rise
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Moderate Buy
Current: 6.680
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Current: 6.680
Low
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Averages
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About AZ
A2Z Cust2Mate Solutions Corp. is a Canada-based technology company. The Company is engaged in the development and commercialization of retail smart cart solutions designed primarily for use in large grocery stores and supermarkets (Cust2Mate Carts), manufacturing of precision metal parts, provision of maintenance services in Israel (Maintenance Services), and development of its Fuel Tank Inertia Capsule System (FTICS) technology and a vehicle device cover for the military and civilian automotive industry (collectively, Automotive Products). Its segments include Services, Smart Carts and Precision Metal Parts. Its primary product is the Cust2Mate system, which incorporates a smart cart which automatically calculates the value of the customers purchases in their smart cart. The product includes big data smart algorithms and computer vision capabilities, allowing for customer specific targeted advertising. Its other services include providing maintenance services and container leasing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported $3.3 million in revenue for Q1 2026, reflecting a 114% year-over-year increase, which underscores the company's strong growth in the smart retail technology sector and solidifies its market leadership.
- Robust Contracted Backlog: The company has a contracted backlog exceeding $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, providing strong visibility into future revenue and demonstrating accelerating global deployment momentum.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, which will enhance financial flexibility and enable efficient support for manufacturing, operations, and inventory needs, laying the groundwork for large-scale growth.
- Expanding Market Opportunities: As the retail sector undergoes a significant transformation towards intelligent, data-driven operations, A2Z's technology platform is fundamentally changing store operations and shopper engagement, which is expected to drive substantial improvements in sales throughput and operational efficiency, further enhancing long-term shareholder value.
See More
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported revenue of $3.3 million in Q1 2026, reflecting a remarkable 114% increase year-over-year, indicating strong market demand and the company's ability to expand in the smart retail technology sector.
- Robust Contracted Backlog: The company has a contracted backlog exceeding $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, underscoring sustained global demand and providing strong visibility into future revenue.
- Retail Media Revenue Initiation: In Q1, the company began generating retail media revenue, marking a transition from a smart cart provider to a broader connected retail platform, thereby enhancing revenue stream diversification.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, which strengthens financial flexibility and enables efficient support for manufacturing, operations, and inventory needs, laying the groundwork for large-scale growth.
See More
A2Z Cust2Mate Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Report: A2Z Cust2Mate's Q1 GAAP EPS of -$0.19 missed expectations by $0.04, indicating ongoing challenges in profitability despite revenue growth.
- Revenue Surge: The company reported Q1 revenue of $3.32M, a remarkable 114.2% increase year-over-year, surpassing market expectations by $0.26M, highlighting strong demand for its products.
- Backlog Expansion: A2Z Cust2Mate expanded its contracted backlog to approximately $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, underscoring robust global demand and long-term rollout visibility.
- Share Repurchase Program: The company has extended its share repurchase program, aiming to enhance shareholder value through buybacks, which further demonstrates management's confidence in the company's future growth prospects.
See More
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported $3.3 million in revenue for Q1 2026, reflecting a 114% increase year-over-year, indicating a rapid rise in market demand for smart retail technology and enhancing future revenue visibility.
- Strong Contract Backlog: The company’s contracted backlog exceeds $195 million, with over 19,000 smart carts scheduled for deployment by the end of 2027, providing robust revenue assurance and demonstrating its expansion momentum in the global market.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, improving financial flexibility and enabling effective support for manufacturing, operations, and inventory needs, thereby laying the groundwork for large-scale growth.
- Market Transformation Opportunity: The company is transitioning from pilot validation to commercial deployment, and as retail environments become more intelligent, A2Z's technology is driving improvements in sales efficiency and customer engagement, further solidifying its competitive advantage in the retail market.
See More
A2Z Cust2Mate Secures $30 Million Credit Line for Smart Cart Production
- Credit Approval: A2Z Cust2Mate Solutions Corp. has secured a $30 million line of credit from one of Israel's largest commercial banks, aimed at supporting the large-scale manufacturing and deployment of its smart shopping carts, marking a significant advancement in the company's financing efforts.
- Funding Purpose: This credit line is specifically designated to meet the production needs of existing orders, enabling the company to accelerate its deployment strategy while preserving existing capital resources, ensuring liquidity and financial stability.
- External Validation: The bank conducted a comprehensive due diligence process prior to approving the credit, evaluating Cust2Mate's technology, purchase orders, and business model, which serves as strong validation of the company's platform and its ability to execute at scale.
- Market Expansion: With this financing, Cust2Mate is positioned to efficiently scale production of its smart carts, supporting retailers in enhancing in-store engagement, unlocking new revenue streams, and improving operational efficiency, thereby further solidifying its competitive position in global markets.
See More
A2Z Cust2Mate Secures $30 Million Credit Line for Smart Cart Production
- Credit Approval: A2Z Cust2Mate Solutions Corp. has secured a $30 million line of credit from one of Israel's largest commercial banks, aimed at supporting the large-scale manufacturing and deployment of its smart shopping carts, underscoring the company's strong market position in smart retail technology.
- Specific Funding Use: This credit line is designated specifically for the production of smart carts for existing orders, enabling the company to accelerate its deployment strategy without raising additional equity or utilizing existing cash reserves, thereby enhancing operational efficiency.
- External Validation: The bank conducted a comprehensive due diligence process prior to approving the credit, evaluating Cust2Mate's technology, purchase orders, and business model, which indicates strong external validation of the company's platform and execution capabilities, boosting investor confidence.
- Strategic Implications: CFO David Hasenfeld stated that this financing will significantly strengthen the company's financial position, support cash flow management, and preserve shareholder value, while laying a solid foundation for the company's expansion into global markets.
See More
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported $3.3 million in revenue for Q1 2026, reflecting a 114% year-over-year increase, which underscores the company's strong growth in the smart retail technology sector and solidifies its market leadership.
- Robust Contracted Backlog: The company has a contracted backlog exceeding $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, providing strong visibility into future revenue and demonstrating accelerating global deployment momentum.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, which will enhance financial flexibility and enable efficient support for manufacturing, operations, and inventory needs, laying the groundwork for large-scale growth.
- Expanding Market Opportunities: As the retail sector undergoes a significant transformation towards intelligent, data-driven operations, A2Z's technology platform is fundamentally changing store operations and shopper engagement, which is expected to drive substantial improvements in sales throughput and operational efficiency, further enhancing long-term shareholder value.
See More
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported revenue of $3.3 million in Q1 2026, reflecting a remarkable 114% increase year-over-year, indicating strong market demand and the company's ability to expand in the smart retail technology sector.
- Robust Contracted Backlog: The company has a contracted backlog exceeding $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, underscoring sustained global demand and providing strong visibility into future revenue.
- Retail Media Revenue Initiation: In Q1, the company began generating retail media revenue, marking a transition from a smart cart provider to a broader connected retail platform, thereby enhancing revenue stream diversification.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, which strengthens financial flexibility and enables efficient support for manufacturing, operations, and inventory needs, laying the groundwork for large-scale growth.
See More
A2Z Cust2Mate Q1 Earnings Beat Expectations with Strong Revenue Growth
- Earnings Report: A2Z Cust2Mate's Q1 GAAP EPS of -$0.19 missed expectations by $0.04, indicating ongoing challenges in profitability despite revenue growth.
- Revenue Surge: The company reported Q1 revenue of $3.32M, a remarkable 114.2% increase year-over-year, surpassing market expectations by $0.26M, highlighting strong demand for its products.
- Backlog Expansion: A2Z Cust2Mate expanded its contracted backlog to approximately $195 million, with plans to deploy over 19,000 smart carts by the end of 2027, underscoring robust global demand and long-term rollout visibility.
- Share Repurchase Program: The company has extended its share repurchase program, aiming to enhance shareholder value through buybacks, which further demonstrates management's confidence in the company's future growth prospects.
See More
A2Z Cust2Mate Reports 114% Revenue Growth in Q1 2026
- Significant Revenue Growth: A2Z Cust2Mate reported $3.3 million in revenue for Q1 2026, reflecting a 114% increase year-over-year, indicating a rapid rise in market demand for smart retail technology and enhancing future revenue visibility.
- Strong Contract Backlog: The company’s contracted backlog exceeds $195 million, with over 19,000 smart carts scheduled for deployment by the end of 2027, providing robust revenue assurance and demonstrating its expansion momentum in the global market.
- Enhanced Financing Capability: A2Z secured a $30 million non-dilutive bank credit facility, improving financial flexibility and enabling effective support for manufacturing, operations, and inventory needs, thereby laying the groundwork for large-scale growth.
- Market Transformation Opportunity: The company is transitioning from pilot validation to commercial deployment, and as retail environments become more intelligent, A2Z's technology is driving improvements in sales efficiency and customer engagement, further solidifying its competitive advantage in the retail market.
See More
A2Z Cust2Mate Secures $30 Million Credit Line for Smart Cart Production
- Credit Approval: A2Z Cust2Mate Solutions Corp. has secured a $30 million line of credit from one of Israel's largest commercial banks, aimed at supporting the large-scale manufacturing and deployment of its smart shopping carts, marking a significant advancement in the company's financing efforts.
- Funding Purpose: This credit line is specifically designated to meet the production needs of existing orders, enabling the company to accelerate its deployment strategy while preserving existing capital resources, ensuring liquidity and financial stability.
- External Validation: The bank conducted a comprehensive due diligence process prior to approving the credit, evaluating Cust2Mate's technology, purchase orders, and business model, which serves as strong validation of the company's platform and its ability to execute at scale.
- Market Expansion: With this financing, Cust2Mate is positioned to efficiently scale production of its smart carts, supporting retailers in enhancing in-store engagement, unlocking new revenue streams, and improving operational efficiency, thereby further solidifying its competitive position in global markets.
See More
A2Z Cust2Mate Secures $30 Million Credit Line for Smart Cart Production
- Credit Approval: A2Z Cust2Mate Solutions Corp. has secured a $30 million line of credit from one of Israel's largest commercial banks, aimed at supporting the large-scale manufacturing and deployment of its smart shopping carts, underscoring the company's strong market position in smart retail technology.
- Specific Funding Use: This credit line is designated specifically for the production of smart carts for existing orders, enabling the company to accelerate its deployment strategy without raising additional equity or utilizing existing cash reserves, thereby enhancing operational efficiency.
- External Validation: The bank conducted a comprehensive due diligence process prior to approving the credit, evaluating Cust2Mate's technology, purchase orders, and business model, which indicates strong external validation of the company's platform and execution capabilities, boosting investor confidence.
- Strategic Implications: CFO David Hasenfeld stated that this financing will significantly strengthen the company's financial position, support cash flow management, and preserve shareholder value, while laying a solid foundation for the company's expansion into global markets.
See More
