Recent Updates — AZ
A2Z Cust2Mate Solutions Corp. has completed its acquisition of Hedia Ltd., an Israeli retail media company with approximately $20 million in annual revenues. The transaction involved a payment of roughly $8.4 million in cash, funded largely by a new term loan, and the issuance of 833,333 restricted common shares to sellers subject to a 36-month lockup. Additionally, sellers are eligible for up to $6.7 million in performance-based consideration contingent on 2027 and 2028 targets. The deal integrates Hedia’s advertiser relationships and campaign execution capabilities with A2Z’s smart cart technology and shopper data to expand its retail media platform. A2Z Cust2Mate Solutions Corp. operates a connected in-store commerce platform centered on AI-powered smart carts for retailers and brands.
A2Z Cust2Mate Solutions Corp filed its unaudited interim financial statements and management discussion and analysis for the three and six months ended June 30, 2026. The company reported revenues of $9.2 million for the first half of 2026, a significant increase from $2.7 million in the prior year period, driven primarily by its smart cart segment which generated $6.9 million. Gross profit reached $2.7 million compared to $0.9 million previously. The company incurred a net loss of $15.6 million for the six-month period, including $15.2 million attributable to controlling shareholders. Cash and cash equivalents stood at $14.8 million as of June 30, 2026. The filing also notes the appointment of Gadi Levin as CFO in July 2026 and ongoing organizational realignment efforts aimed at reducing annual operating expenses by approximately $7 million. A2Z Cust2Mate Solutions Corp operates in the retail technology industry, developing and commercializing connected in-store commerce platforms and smart shopping carts for retailers.
On July 13, 2026, A2Z Cust2Mate Solutions Corp. announced the appointment of a new Chief Financial Officer. The company operates in the technology sector, providing automated customer service and payment solutions.