NASDAQ : AZ
A2Z Cust2Mate Solutions Corp. — Financial statements
Technology · Software - Application · Canada
Last price 6.21 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 273.40M
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Financial statements
A2Z Cust2Mate Solutions Corp. (AZ) reported revenue of 14.41M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 14.41M | 7.90M | 5.38M | 9.21M | 9.35M | 2.69M |
| Cost of Revenue | 12.47M | 7.76M | 3.85M | 8.21M | 7.95M | 2.30M |
| Gross Profit | 1.94M | 143.00K | 1.52M | 1.00M | 1.40M | 381.00K |
| Selling, General & Admin | 29.01M | 26.66M | 8.80M | 14.19M | 13.64M | 6.32M |
| Research & Development | 11.63M | 9.94M | 3.85M | 4.10M | 4.46M | 3.22M |
| Operating Expenses | 40.65M | 36.60M | 12.65M | 18.30M | 18.10M | 9.54M |
| Operating Income | -38.70M | -36.46M | -11.13M | -17.29M | -16.70M | -9.16M |
| Interest Expense | -372.00K | -185.00K | -47.00K | -62.00K | -97.00K | -14.00K |
| Other Non Operating Income (Expenses) | 5.33M | 1.60M | -4.37M | 1.22M | -1.55M | -30.97M |
| EBT Excluding Unusual Items | -33.74M | -35.05M | -15.54M | -16.14M | -18.35M | -40.15M |
| Gain (Loss) on Sale of Investments | -1.01M | -1.01M | -153.00K | -70.00K | ||
| Asset Writedown | -1.73M | -1.03M | ||||
| Pretax Income | -34.76M | -36.06M | -17.42M | -17.24M | -18.35M | -40.15M |
| Income Tax Expense | 142.00K | |||||
| Earnings From Continuing Operations | -34.76M | -36.06M | -17.42M | -17.24M | -18.35M | -40.29M |
| Earnings From Discontinued Operations | -2.42M | -1.84M | -820.00K | |||
| Net Income to Company | -34.76M | -38.48M | -19.26M | -18.06M | -18.35M | -40.29M |
| Minority Interest in Earnings | 729.00K | 749.00K | 2.27M | 2.00M | 1.79M | 1.13M |
| Net Income | -34.03M | -37.73M | -17.00M | -16.06M | -16.56M | -39.16M |
| Net Income to Common | -34.03M | -37.73M | -17.00M | -16.06M | -16.56M | -39.16M |
| Shares Outstanding (Basic) | 41.95M | 36.96M | 21.37M | 13.90M | 11.07M | 9.34M |
| Shares Outstanding (Diluted) | 41.95M | 36.96M | 21.37M | 13.90M | 11.07M | 9.34M |
| EPS (Basic) | -0.81 | -1.02 | -0.80 | -1.16 | -1.50 | -4.19 |
| EPS (Diluted) | -0.81 | -1.02 | -0.80 | -1.16 | -1.50 | -4.19 |
| Free Cash Flow | -35.79M | -23.36M | -11.85M | -11.56M | -10.16M | -9.79M |
| Free Cash Flow Per Share | -0.85 | -0.63 | -0.56 | -0.83 | -0.92 | -1.05 |
| Gross Margin | 13.49% | 1.81% | 28.31% | 10.87% | 14.94% | 14.19% |
| Operating Margin | -268.48% | -461.41% | -206.99% | -187.73% | -178.61% | -341.23% |
| Profit Margin | -236.05% | -477.60% | -316.15% | -174.35% | -177.06% | -1,458.59% |
| Free Cash Flow Margin | -248.30% | -295.65% | -220.44% | -125.50% | -108.63% | -364.62% |
| EBITDA | -38.09M | -36.20M | -10.68M | -16.27M | -15.92M | -8.91M |
| EBITDA Margin | -264.25% | -198.72% | -176.58% | -170.21% | ||
| D&A For EBITDA | 609.00K | 259.00K | 445.00K | 1.03M | 786.00K | 251.00K |
| EBIT | -38.70M | -36.46M | -11.13M | -17.29M | -16.70M | -9.16M |
| EBIT Margin | -268.48% | -206.99% | -187.73% | -178.61% | ||
| Revenue as Reported | 9.35M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 14.78M | 13.53M | 13.53M | 2.27M | 2.62M | 8.47M |
| Short-Term Investments | 28.61M | 56.03M | 206.00K | 77.00K | 8.00K | |
| Cash & Short-Term Investments | 43.40M | 69.55M | 13.73M | 2.34M | 2.62M | 8.47M |
| Accounts Receivable | 5.17M | 3.03M | 2.02M | 1.48M | 1.37M | 857.00K |
| Other Receivables | 2.97M | 405.00K | 358.00K | 337.00K | 901.00K | 384.00K |
| Receivables | 8.14M | 3.44M | 2.38M | 1.81M | 2.27M | 1.24M |
| Inventory | 8.10M | 3.89M | 796.00K | 250.00K | 375.00K | 1.15M |
| Prepaid Expenses | 120.00K | 223.00K | 323.00K | 751.00K | 50.00K | |
| Restricted Cash | 3.88M | |||||
| Other Current Assets | 2.41M | 918.00K | 60.00K | |||
| Total Current Assets | 63.51M | 79.41M | 17.13M | 4.73M | 6.94M | 10.97M |
| Property, Plant & Equipment | 3.46M | 3.56M | 1.54M | 1.86M | 2.36M | 1.07M |
| Long-Term Investments | 342.00K | 333.00K | 200.00K | 77.00K | ||
| Goodwill | 1.19M | |||||
| Other Intangible Assets | 626.00K | 637.00K | 1.85M | 2.21M | 2.09M | |
| Long-Term Accounts Receivable | 6.25M | 1.22M | ||||
| Total Assets | 74.18M | 85.16M | 18.88M | 8.52M | 12.69M | 14.13M |
| Accounts Payable | 5.11M | 3.35M | 1.83M | 1.74M | 2.22M | 989.00K |
| Accrued Expenses | 2.20M | 918.00K | 1.26M | 774.00K | 531.00K | |
| Short-Term Debt | 715.00K | 1.02M | 1.11M | |||
| Current Portion of Long-Term Debt | 843.00K | 9.00K | 111.00K | 144.00K | 289.00K | 158.00K |
| Current Portion of Leases | 865.00K | 819.00K | 217.00K | 190.00K | 281.00K | 126.00K |
| Current Unearned Revenue | 1.37M | |||||
| Other Current Liabilities | 1.63M | 576.00K | 7.74M | 1.28M | 182.00K | 568.00K |
| Total Current Liabilities | 8.45M | 6.95M | 11.54M | 5.63M | 6.24M | 2.37M |
| Long-Term Debt | 1.37M | 29.00K | 108.00K | 228.00K | 341.00K | 483.00K |
| Long-Term Leases | 1.47M | 1.76M | 241.00K | 410.00K | 605.00K | 151.00K |
| Pension & Post-Retirement Benefits | 147.00K | 121.00K | 33.00K | 167.00K | ||
| Other Long-Term Liabilities | 4.44M | 2.59M | 51.00K | |||
| Total Liabilities | 11.29M | 8.74M | 12.03M | 10.83M | 9.80M | 3.22M |
| Additional Paid-In Capital | 219.30M | 206.95M | 83.12M | 55.48M | 43.45M | 28.30M |
| Retained Earnings | -153.42M | -138.19M | -100.45M | -83.46M | -67.39M | -50.84M |
| Comprehensive Income & Other | 4.76M | 9.20M | 31.24M | 30.46M | 29.23M | 34.05M |
| Total Common Equity | 64.82M | 77.97M | 13.91M | 2.49M | 5.29M | 11.51M |
| Minority Interest | -1.94M | -1.55M | -7.07M | -4.80M | -2.40M | -607.00K |
| Shareholders' Equity | 62.89M | 76.42M | 6.84M | -2.31M | 2.89M | 10.91M |
| Total Liabilities & Equity | 74.18M | 85.16M | 18.88M | 8.52M | 12.69M | 14.13M |
| Total Debt | 4.55M | 2.62M | 1.39M | 1.99M | 2.63M | 918.00K |
| Net Cash (Debt) | 38.84M | 66.94M | 12.34M | 350.00K | -6.00K | 7.55M |
| Net Cash Per Share | 0.93 | 1.81 | 0.58 | 0.03 | -0.00 | 0.81 |
| Filing Date Shares Outstanding | 44.03M | 44.55M | 34.89M | 16.48M | 13.09M | 10.86M |
| Total Common Shares Outstanding | 45.08M | 43.89M | 29.59M | 15.36M | 12.38M | 10.53M |
| Working Capital | 55.06M | 72.46M | 5.59M | -901.00K | 705.00K | 8.60M |
| Book Value Per Share | 1.44 | 1.78 | 0.47 | 0.16 | 0.43 | 1.09 |
| Tangible Book Value | 64.20M | 77.33M | 13.91M | 639.00K | 1.89M | 9.42M |
| Tangible Book Value Per Share | 1.42 | 1.76 | 0.47 | 0.04 | 0.15 | 0.89 |
| Machinery | 3.58M | 4.16M | 4.05M | 4.06M | 1.61M | |
| Leasehold Improvements | 534.00K | 398.00K | 394.00K | 403.00K | 59.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -34.03M | -37.73M | -17.00M | -16.06M | -16.56M | -39.16M |
| Depreciation & Amortization | 1.17M | 815.00K | 862.00K | 1.03M | 786.00K | 251.00K |
| Loss (Gain) From Sale of Assets | 461.00K | 461.00K | ||||
| Asset Writedown & Restructuring Costs | 1.73M | 1.03M | ||||
| Loss (Gain) From Sale of Investments | -753.00K | -133.00K | -123.00K | |||
| Stock-Based Compensation | 16.96M | 20.36M | 3.20M | 5.32M | 4.87M | 843.00K |
| Other Operating Activities | -5.46M | -1.75M | 2.12M | -3.25M | -1.54M | 29.77M |
| Change in Accounts Receivable | -4.59M | -2.54M | -547.00K | -104.00K | 990.00K | -661.00K |
| Change in Inventory | -4.70M | -3.11M | -546.00K | 125.00K | 690.00K | -1.13M |
| Change in Accounts Payable | 2.34M | 1.59M | 92.00K | -482.00K | 860.00K | 448.00K |
| Change in Unearned Revenue | -1.37M | 1.44M | ||||
| Change in Other Net Operating Assets | -5.37M | -869.00K | -1.50M | 2.38M | -971.00K | 264.00K |
| Operating Cash Flow | -35.00M | -22.91M | -11.71M | -11.39M | -9.43M | -9.38M |
| Capital Expenditures | -796.00K | -452.00K | -140.00K | -174.00K | -727.00K | -412.00K |
| Cash Acquisitions | -47.00K | -47.00K | -879.00K | |||
| Sale (Purchase) of Intangibles | -637.00K | -637.00K | ||||
| Investment in Securities | -28.00M | -55.64M | -77.00K | |||
| Other Investing Activities | 4.25M | -241.00K | -129.00K | -69.00K | 47.00K | 132.00K |
| Investing Cash Flow | -25.23M | -57.02M | -269.00K | -320.00K | -1.56M | -280.00K |
| Long-Term Debt Issued | 95.00K | 167.00K | 1.29M | 296.00K | ||
| Long-Term Debt Repaid | -1.55M | -1.16M | -812.00K | -679.00K | -427.00K | |
| Lease Payments | -1.03M | -745.00K | -583.00K | -336.00K | -337.00K | -111.00K |
| Net Debt Issued (Repaid) | 1.13M | -1.55M | -1.07M | -645.00K | 615.00K | -131.00K |
| Issuance of Common Stock | 50.68M | 84.71M | 25.01M | 10.42M | 5.48M | 12.49M |
| Other Financing Activities | -1.85M | -1.14M | 1.12M | |||
| Financing Cash Flow | 46.00M | 81.31M | 22.81M | 10.89M | 6.10M | 12.36M |
| Foreign Exchange Rate Adjustments | 562.00K | -1.38M | 308.00K | 465.00K | -960.00K | 376.00K |
| Net Cash Flow | -13.67M | -1.00K | 11.13M | -349.00K | -5.85M | 3.07M |
| Free Cash Flow | -35.79M | -23.36M | -11.85M | -11.56M | -10.16M | -9.79M |
| Free Cash Flow Margin | -248.30% | -295.65% | -220.44% | -125.50% | -108.63% | -364.62% |
| Free Cash Flow Per Share | -0.85 | -0.63 | -0.56 | -0.83 | -0.92 | -1.05 |
| Levered Free Cash Flow | -26.92M | -13.65M | 2.14M | -3.02M | -4.93M | -5.62M |
| Unlevered Free Cash Flow | -26.69M | -13.53M | 2.17M | -2.98M | -4.87M | -5.61M |
| Free Cash Flow After Leases | -36.82M | -24.10M | -12.43M | -11.90M | -10.49M | -9.90M |
| Cash Interest Paid | 25.00K | 29.00K | 64.00K | 80.00K | 49.00K | 34.00K |
| Cash Income Tax Paid | 74.00K | |||||
| Change in Working Capital | -12.33M | -4.92M | -2.50M | 547.00K | 3.01M | -1.08M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 269.88M | 278.81M | 194.57M | 52.61M | 38.61M | 260.76M |
| Enterprise Value | 231.04M | 209.17M | 186.87M | 49.07M | 37.82M | 254.27M |
| Last Close Price | 6.13 | 6.51 | 6.62 | 3.42 | 3.17 | 27.07 |
| Forward PE | 31.49 | |||||
| PS Ratio | 18.72 | 35.29 | 36.19 | 5.71 | 4.13 | 97.12 |
| PB Ratio | 4.26 | 3.65 | 28.43 | -22.78 | 13.36 | 23.91 |
| P/TBV Ratio | 4.20 | 3.60 | 13.99 | 82.33 | 20.42 | 27.67 |
| EV/Sales Ratio | 16.03 | 26.47 | 34.76 | 5.33 | 4.04 | 94.70 |
| Debt / Equity Ratio | 0.07 | 0.03 | 0.20 | -0.86 | 0.91 | 0.08 |
| Net Debt / Equity Ratio | -0.62 | -0.88 | -1.80 | 0.15 | 0.00 | -0.69 |
| Net Debt / EBITDA Ratio | 1.02 | 1.85 | 1.16 | 0.02 | 0.00 | 0.85 |
| Net Debt / FCF Ratio | 1.08 | 2.87 | 1.04 | 0.03 | -0.00 | 0.77 |
| Asset Turnover | 0.24 | 0.15 | 0.39 | 0.87 | 0.70 | 0.23 |
| Inventory Turnover | 2.17 | 3.31 | 7.37 | 26.27 | 10.45 | 3.95 |
| Quick Ratio | 6.10 | 10.50 | 1.40 | 0.74 | 0.79 | 4.09 |
| Current Ratio | 7.52 | 11.42 | 1.49 | 0.84 | 1.11 | 4.62 |
| Return on Equity (ROE) | -73.62% | -86.61% | -768.34% | -5,943.79% | -265.98% | -901.95% |
| Return on Assets (ROA) | -40.22% | -43.80% | -50.77% | -101.91% | -77.83% | -49.83% |
| Return on Invested Capital (ROIC) | -204.97% | -384.35% | -598.20% | -534.46% | -167.94% | |
| Return on Capital Employed (ROCE) | -58.90% | -46.60% | -151.60% | -599.00% | -258.70% | -77.90% |
| Earnings Yield | -13.23% | -13.53% | -8.73% | -30.53% | -42.88% | -15.02% |
| FCF Yield | -13.26% | -8.38% | -6.09% | -21.98% | -26.31% | -3.75% |
| Buyback Yield / Dilution | -43.66% | -72.95% | -53.75% | -25.53% | -18.60% | -39.28% |