Professional
Added to YB: 2025-12-04
Pitch date: 2025-12-02
AZ [bearish]
A2Z Cust2Mate Solutions Corp.
+10.29%
current return
Author Info
Pelican Way Research is an activist short selling and research firm dedicated to public market transparency. Sign up for the newsletter.
Company Info
A2Z Cust2Mate Solutions Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally.
Market Cap
$281.8M
Pitch Price
$6.61
Price Target
N/A
Dividend
N/A
EV/EBITDA
-10.26
P/E
-7.15
EV/Sales
28.43
Sector
Aerospace and Defense
Category
N/A
AZ: A Global Web of Phantom Orders and Failed Deployments Holding Together a Collapsing Smart-Cart Mirage
AZ (short): Smart cart co w/ $301M mkt cap claims $500M orders but delivered only ~300 carts vs 20k+ promised. Major 'customer' Hex 1011 has <$10k assets but 'ordered' $166M worth. CFO omits 74% work history including SEC-revoked ventures. Import data shows single shipment since 2021. Revenue math proves only Yochananoff real customer.
Read full article (8 min)