Sector: Industrials | Industry: Aerospace & Defense |
Company Contact | |
Address: | 559 Briar Hill Avenue TORONTO ON M5N 1N1 |
Tel: | N/A |
Website: | https://a2zas.com |
IR: | See website |
Key People | ||
Bentsur Joseph Chairman of the Board | Gadi Graus Chief Executive Officer, Director | Gadi Levin Chief Financial Officer | Dan Bechar Chief Technology Officer |
Business Overview |
A2Z Smart Technologies Corp. is a Canada-based technology company. The Company is focused on providing retail automation solutions, in particular for huge grocery stores and supermarkets. The Company operates through two segments: Advanced Engineering and Smart Carts. The Advanced engineering segment is capable of the military/security markets, as well as developing related products for the civilian and retail markets. The Smart Carts segment provides retail automation solutions. Its flagship product Cust2Mate is a mobile self-checkout shopping chart. The Company's product Cust2Mate system incorporates a smart cart enabling shoppers to checkout automatically without having to unload and reload their purchases. Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in cart payment to bypass long cashier checkout lines. Its product is being marketed throughout the world with pilot program in North and South America and in the Middle East. |
Financial Overview |
For the fiscal year ended 31 December 2023, A2Z Smart Technologies Corp revenues increased 22% to $11.4M. Net loss decreased 12% to $16.1M. Revenues reflect Smart Carts segment increase of 66% to $6.1M, Advanced engineering segment increase of 27% to $2.2M. Lower net loss reflects Precision Metal Parts segment income increase of 83% to $1.4M, Advanced engineering segment income totaling $317K vs. loss of $60K. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $20.01M as of Dec 31, 2023 |
Annual revenue (TTM): | $11.38M as of Dec 31, 2023 |
EBITDA (TTM): | -$17.03M as of Dec 31, 2023 |
Net annual income (TTM): | -$16.06M as of Dec 31, 2023 |
Free cash flow (TTM): | -$11.56M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 50,686,242 as of Apr 2, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |