A2Z Cust2Mate Revenue Climbs as Smart Cart Deliveries Surge

The company’s growth is anchored by its Smart Cart segment, which generated $4.41 million in revenue, an 80% increase over the first quarter. Gross margins reached 42.6%, up from 23.3% a year ago, reflecting improved economies of scale as production moved to a dedicated facility in China. Despite the revenue boost, the company posted a net loss of $7.3 million, though this marks an improvement over the $12.6 million loss recorded in the second quarter of 2025.

Management is now focusing on aggressive expansion and cost discipline to bolster its market position. CEO Gadi Graus confirmed that the firm has begun deliveries to the Israeli retailer HaStock and secured an increased order for 4,000 units from Super Sapir. To support this scaling, A2Z finalized a $30 million credit line with Bank Leumi. Additionally, the company expects to cut annual operating expenses by $7 million through a corporate realignment overseen by newly appointed CFO Gadi Levin. Looking ahead, the firm maintains its target of 10,000 total cart deliveries by the end of 2026, with plans to expand its footprint beyond Israel into European and American markets.