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(Nasdaq: AZ) Hits The Krypton Street Radar This Morning—Wednesday, August 19, 2026
Don’t Miss Our Next Update—Get Real-Time Alerts Sent Directly To Your Phone. Up To 10X Faster Than Email. Take A Look At AZ While It’s Still Early… August 19, 2026 Dear Reader, Before the bell rings this morning, there is one name we want readers familiar with: (NASDAQ: AZ). What is happening inside this smart retail story is creating a setup that deserves a closer look right now. There is a quiet revolution happening inside the world's grocery stores. It does not look like a revolution. It looks like a shopping cart. But that cart is connected. It is AI-powered. It knows where you are in the store, what you are shopping for, and it is generating real-time retail media revenue for the retailer at every step of your visit. That is the premise behind A2Z Cust2Mate Solutions Corp. (Nasdaq: AZ) — and the company just reported its best quarter in history. Which is only one of the reasons why it just hit the top of the Krypton Street radar this morning, Wednesday, August 19, 2026. 
On August 12, A2Z reported Q2 2026 revenue of $5.9M, up from $1.2M in the same period last year. Unit deliveries nearly doubled sequentially — from 500 carts in Q1 to 950 carts in Q2. Gross margin came in at 42.6%, up from 23.3% a year ago. The net loss shrank from $12.6M to $7.3M year over year. These are not incremental improvements. These are step-change numbers. Then the very next day, on August 11, A2Z announced a follow-on order from Sapir Group — one of Israel's fastest-growing supermarket chains — for 4,000 additional smart carts. That expands Sapir Group's total commitment to 7,000 units. The total value of Sapir Group's orders now stands at approximately $84M over the life of the agreements. One partner. $84M. And the relationship is still scaling. Northland Securities maintains a Bullish rating on AZ with a $15 target, reiterated on June 12, 2026. Benchmark Co.'s Daniel Kurnos raised his target to $30 from $20 in earlier this year, also Bullish. With AZ where it is at the time of this writing, both targets represent substantial potential distance from current levels. In the last month, AZ made an approximate 58% move, from around $5.16 on July 23 to $8.20 on August 13, according to Barchart. Management is targeting 10,000 total cart deliveries by year-end 2026 — rising to 19,000 by end of 2027. These projections are backed by existing purchase orders and contracted backlog, not speculation. The company also has a $30M credit facility from Bank Leumi in place to fund inventory as deliveries scale. This is a company building out the infrastructure for an entirely new model of in-store commerce. About A2Z Cust2Mate Solutions Corp.
AZ is a global smart retail technology company based in Toronto with operations in Israel. Its flagship product is the Cust2Mate Smart Cart — an AI-powered, connected commerce platform that transforms standard shopping carts into full-stack retail intelligence terminals. Each cart integrates shopper engagement tools, real-time store analytics, targeted retail media delivery, and loss mitigation technology. The company operates under a hardware-plus-platform model. Retailers pay for cart deployments, and A2Z generates additional recurring revenue from retail media — brands paying for access to shoppers at the exact moment purchase decisions are made. As the installed base grows, so does the media revenue layer. The company brought a dedicated mass manufacturing facility online in Q2 2026 in China, significantly increasing delivery capacity heading into H2 2026. A2Z recently launched its next-generation Connected In-Store Commerce Platform — a unified enterprise architecture that connects shopper engagement, store operations, retail media, and in-store intelligence at chain scale. This is not a single-store gadget. It is a platform designed for enterprise retail chains across multiple geographies. The company has announced intentions to enter at least two retailers outside of Israel within the next six months. The $178B Blind Spot Inside Every Grocery Store
A2Z operates at the intersection of two accelerating forces: AI-powered physical retail and in-store retail media. The global retail media market has already exceeded $178B in annual ad spend, according to industry forecasts — with in-store digital channels still dramatically underpenetrated relative to their eventual share of that pie. Traditional retail media sits at the digital shelf edge or inside the app. A2Z is built around the idea that some of the most valuable advertising real estate in a grocery store exists at the moment a shopper is deciding what to put in the cart — placing the smart cart directly at that point of decision. Meanwhile, physical grocery retail is under pressure to digitize. Online grocery has stalled in market share growth, and the bulk of purchases still happen in the physical store. Retailers that can capture behavioral data at the cart level and monetize that data through media are building a fundamentally different P&L than traditional grocery operators. The Cust2Mate platform is designed to sit at the center of that transformation. The smart cart market remains early-stage and highly competitive, with Amazon, Veeve, and others pursuing similar approaches. But A2Z's traction with Israeli retailers — including Sapir Group, HaStock, and a targeted pipeline expanding to Europe and the Americas — gives it an established reference base that competitors at similar scale do not have. The combination of a contracted backlog, a scaling manufacturing operation, and a new CFO with enterprise financial experience positions the company to press this advantage heading into what management has framed as a heavily back-weighted H2 2026. What Has Been Happening Inside (AZ) Over the Last 90 Days
August 12, 2026 — A2Z reported Q2 2026 revenue of $5.9M, up from $1.2M in Q2 2025. Smart Cart revenue of $4.41M increased 80% sequentially. Gross margin reached 42.6%. The company delivered 950 units in Q2, nearly double Q1. Management confirmed year-end target of 10,000 deliveries, rising to 19,000 by end of 2027. A $30M credit facility with Bank Leumi was closed to fund inventory scale-up. Cost management initiatives are expected to reduce annual operating expenses by approximately $7M. August 11, 2026 — A2Z secured a follow-on order from Sapir Group for 4,000 additional smart carts, expanding total commitment to 7,000 units and bringing aggregate order value to approximately $84M across the agreements. July 13, 2026 — A2Z announced the appointment of Gadi Levin as Chief Financial Officer, effective immediately. Levin brings decades of public company financial management experience. Former CFO Alan Rootenberg will continue to serve on the company's Board of Directors. July 6, 2026 — A2Z's Board of Directors extended the company's share repurchase program through December 31, 2026, maintaining authorization to repurchase up to $20M in outstanding shares. As of the extension date, approximately $13.8M remained available under the program, with 987,461 shares already repurchased for approximately $6.2M. 7 Reasons Why AZ Is At The Top Of Our Screen This Morning—Wednesday, August 19, 2026…
1. Bullish Coverage: With Northland Securities at $15 and Benchmark Co.'s Daniel Kurnos at $30, both Bullish — AZ carries active institutional-level coverage with significant stated upside potential from current levels.
2. Revenue Inflection: The shift from $1.2M to $5.9M in quarterly revenue for AZ is not a trend line — it is a step change, and Q2 was not the ceiling. 3. Contracted Backlog: Analysts cannot dispute what is already on paper — AZ's pipeline is built from signed purchase orders and contracted commitments, not projections. 4. $84M Order: The Sapir Group relationship alone now represents approximately $84M in contracted value for AZ, and that customer is still actively expanding its store network. 5. 43% Gross Margin: At 42.6% gross margin on smart cart hardware and software in Q2, AZ is proving a unit economics model that scales with every additional cart delivered. 6. Bank Leumi Line: The $30M credit facility closed with Bank Leumi gives AZ the inventory financing firepower to fulfill a heavily weighted Q4 delivery schedule without diluting to do it. 7. Global Expansion Pipeline: Management has stated that AZ expects its smart carts in at least two retailers outside Israel within six months, opening an entirely new addressable market. Take A Look At AZ While It’s Still Early…
What stands out about AZ is how many pieces are beginning to come together at the same time. Northland Securities has placed a $15 target on AZ with an Outperform rating, while Benchmark Co.’s Daniel Kurnos has maintained a Bullish rating and $30 target. Those targets provide an important outside reference point as the company works through its next phase of execution. Operationally, the numbers are moving quickly. Quarterly revenue climbed from $1.2M to $5.9M, while company-wide gross margin reached 42.6% in Q2. Management has also pointed to existing purchase orders and contracted backlog as support for its delivery targets. Then there is Sapir Group. That relationship now represents approximately $84M in agreement value across 7,000 smart carts, giving AZ a substantial contracted customer commitment as deployments continue. At the same time, the company has secured a $30M credit facility with Bank Leumi to support manufacturing and inventory requirements as cart deliveries scale higher. Management has also said it expects smart-cart deployments with at least two retailers outside Israel within six months. Put it all together and the picture is becoming increasingly clear: AZ is moving from proving its technology to demonstrating whether it can execute at a much larger commercial scale. The next several quarters should give us an increasingly clear view of how quickly that transition is taking shape. We have all eyes on AZ this morning. Take a look at AZ while it’s still early. Sincerely, Alex Ramsay
Co-Founder / Managing Editor
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