A2Z Announces Financial Results for First Quarter 2026
Summary
A2Z Cust2Mate reported Q1 2026 revenue of $3.3 million, up 114% year-over-year, and delivered approximately 500 smart carts in the quarter, bringing total delivered units to more than 2,500. The company said contracted backlog exceeded $195 million, representing over 19,000 carts scheduled for deployment by the end of 2027, providing strong near-term recurring revenue visibility. A2Z began generating retail media revenue in Q1 with brands such as Lego, ToysRUs, and Under Armour, and expanded manufacturing capacity and deployment hubs in Panama and Bulgaria to support scale. Management secured a $30 million contract-backed non-dilutive credit facility to fund deployments and working capital, while reporting an operating loss of $8.3 million and a net loss of $8.6 million for the quarter.
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