Canada's A2Z Cust2Mate Q3 revenue jumps as smart-cart deliveries more than double
AZ•A2Z Cust2Mate reported Q3 revenue of $10.93 million, driven by delivery of 2,000 smart carts, more than double the prior quarter's volume. It reiterated its full-year guidance and expects at least $25 million in second-half 2026 smart-cart revenue, excluding retail media.
1. Revenue and deliveries
A2Z Cust2Mate's Q3 revenue rose year over year to $10.93 million as the company delivered 2,000 smart carts, more than double its prior-quarter volume. Gross margin declined sequentially because shipments included more earlier-generation carts with lower margins.
2. Outlook and acquisition
The company reiterated its target of 10,000 cumulative smart carts delivered by year-end 2026 and expects at least $25 million in second-half 2026 smart-cart revenue, excluding retail media. It closed its acquisition of Hedia to expand its retail media business and cited an international growth opportunity as a U.S. competitor plans to exit the market in mid-2027.
