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Added to YB: 2025-12-08

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

Show full summary:
AZ: A Global Web of Phantom Orders and Failed Deployments Holding Together a Collapsing Smart-Cart Mirage

AZ (short): Smart cart co w/ phantom orders worth ~$500M but delivered only ~300 carts vs claimed tens of thousands. Major 'client' Hex 1011 has <$10k assets but 'ordered' $166M of carts. Only real revenue (~$10.8M) from Yochananoff deal. Mgmt has questionable track records, failed penny stock histories. Import data shows single shipment since 2021.

Read full article (9 min)