TSX lower as gold rally takes a breather
TEL AVIV - A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ), a technology company with a market capitalization of $308 million and impressive year-to-date returns of 29%, has secured rights to monetize retail media, data and digital services on its smart shopping carts deployed at Yochananof supermarket chain in Israel, according to a press release issued Monday. According to InvestingPro data, the company has demonstrated strong revenue growth of 19% in the last twelve months.
The agreement follows the company’s September 3 announcement regarding the deployment of 5,000 Cust2Mate 3.0 smart carts across Yochananof locations. Under the new arrangement, A2Z will pay Yochananof a fixed sum for advertisements sold on the smart carts based on cost per thousand impressions (CPM). The company maintains a healthy liquidity position with a current ratio of 3.29, indicating strong ability to meet short-term obligations.
According to company data, each smart cart generates an average of over 25,000 impressions monthly, based on approximately five transactions daily per cart, with each transaction lasting about 50 minutes.
The monetization strategy focuses on three revenue streams: selling advertising space on cart screens, analyzing anonymized shopping data, and creating a marketplace for third-party services and products.
A2Z notes that retail media is expected to reach $170 billion by 2025 and account for over 15% of total digital ad spend by 2027. Meanwhile, the global Retail Data Monetization Platform market is projected to grow from $4.8 billion to an estimated $20.3 billion by 2033, according to Growth Market Reports cited in the release. With the stock showing remarkable performance, delivering a 489% return over the past year, investors seeking similar opportunities can access comprehensive analysis and more insights through InvestingPro, which offers exclusive financial metrics and investment tools.
"This milestone agreement underscores A2Z’s strategic transformation from a smart cart solutions provider into a diversified enterprise delivering integrated retail media, big data, and digital services solutions," said Gadi Graus, CEO of A2Z Cust2mate, in the statement. Based on InvestingPro’s Fair Value analysis, the stock currently appears to be fairly valued, with additional ProTips and detailed metrics available to subscribers.
Yochananof operates 46 supermarket branches across Israel, with locations in city centers, industrial areas, and commercial zones. The company is publicly traded on the Tel Aviv Stock Exchange.
In other recent news, A2Z Cust2Mate Solutions Corp. has secured a significant $55 million purchase order from Israeli supermarket chain M. Yochananof & Sons for 5,000 Cust2Mate 3.0 smart shopping carts. The deployment of these smart carts has already started and is expected to be completed by the end of 2026. Additionally, A2Z Cust2Mate has received an initial order valued at over $25 million for 3,000 smart carts from its strategic partner Trixo, aimed at a major international retail chain in Latin America. This rollout is scheduled to begin in the first quarter of 2026 and will follow a recurring revenue model.
In another development, A2Z Cust2Mate has sold its wholly-owned Israeli subsidiary, A2ZMS Advanced Military Solutions Ltd., for 500,000 Israeli shekels. This transaction was approved by non-interested directors and included an independent valuation. The company also announced the sale of its subsidiary, Isramat Ltd, to an Ontario-based purchaser affiliated with a company director for 3,250,000 Israeli shekels, along with a waiver of 6,310,690 ILS of debt owed by Isramat. These recent developments highlight A2Z Cust2Mate’s strategic moves in expanding its smart cart operations while restructuring its subsidiary holdings.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.