AZ Nasdaq General Industrial Machinery & Equipment, Nec Financials FY2019βFY2025
A2Z Cust2Mate Solutions Corp. had $7.9M of revenue in fiscal 2025, up 47.0% on the year before. Over five years, revenue changed +49.2% a year on average.
Hi! I read A2Z Cust2Mate Solutions Corp.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+47.0%
Yes. Sales grew 47.0% last year.
Does it make a profit?
β477.6%
No. It lost money last year.
Does profit turn into cash?
β295.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days A2Z Cust2Mate Solutions Corp. did it, and the next one. Share prices often move a lot on those days.
Next results
November 12, 2026
Thursday Β· in 17 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Apr 1, 2026 | Q4 '25 | Time not announced | 20-F β |
| Mar 31, 2025 | Q4 '24 | After the market closes | 20-F β |
| Apr 3, 2024 | Q4 '23 | Time not announced | 20-F β |
| Mar 27, 2023 | Period ended Dec 31, 2022 | After the market closes | 20-F β |
| Apr 1, 2022 | Period ended Dec 31, 2021 | Time not announced | 40-F β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· A2Z Cust2Mate Solutions Corp. had $7.9M of revenue in fiscal 2025, up 47.0% on the year before. Over five years, revenue changed +49.2% a year on average. Its operating margin was β461.4%, down 222.3Β pts: of every 100 in sales, about β461 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· A2Z Cust2Mate Solutions Corp. lost $37.7M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$23.4M in fiscal 2025, β295.6% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· A2Z Cust2Mate Solutions Corp. has $13.5M more cash than debt.
Cash, debt and the ratios that show how comfortably A2Z Cust2Mate Solutions Corp. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $8.5M | $2.6M | $2.3M | $13.5M | $13.5M |
| Debt incl. finance leases | $0.6M | $1.7M | $1.4M | $0.9M | $0.0M |
| Debt / equity | 0.1x | 0.3x | 0.6x | 0.1x | 0.0x |
| Interest coverage | β100.7x | β12.0x | β71.6x | β38.3x | β29.9x |
| Current ratio | 4.6x | 1.1x | 0.8x | 1.5x | 11.4x |
| Quick ratio | 4.1x | 1.1x | 0.8x | 1.4x | 10.9x |
| Total assets | $14.1M | $12.7M | $8.5M | $18.9M | $85.2M |
| Total liabilities | $3.2M | $9.8M | $10.8M | $12.0M | $8.7M |
| Shareholders' equity | $11.5M | $5.3M | $2.5M | $13.9M | $78.0M |
| Net debt (β = net cash) | β$7.8M | β$0.9M | β$0.9M | β$12.6M | β$13.5M |
KIRA Β· Its return on capital was β44.7%: every 100 invested in the business earned about β45 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· A2Z Cust2Mate Solutions Corp. passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β |
| F-score | β / 1 | β / 4 | 4 / 9 | 4 / 9 | 2 / 9 | 5 / 9 | 4 / 9 |
| Accruals ratio | β | β55.9% | β259.2% | β53.1% | β44.1% | β38.6% | β28.5% |
| Altman Z'' | β | β2.94 | β8.34 | β25.22 | β46.84 | β18.77 | 6.78 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $1.4M | $1.1M | $2.7M | $9.4M | $9.2M | $5.4M | $7.9M |
| Gross profit | $0.6M | $0.2M | $0.7M | $1.8M | $1.3M | $1.9M | $1.1M |
| Research and development | $0.4M | $0.4M | $3.2M | $4.5M | $4.1M | $3.9M | $9.9M |
| Operating income | β | β$2.7M | β$9.2M | β$16.7M | β$18.3M | β$12.9M | β$36.5M |
| Interest expense | $0.1M | $0.1M | $0.1M | $1.4M | $0.3M | $0.3M | $1.2M |
| Pretax income | β | β$5.9M | β$40.1M | β$18.3M | β$18.1M | β$19.3M | β$38.5M |
| Income tax | β$0.4M | $0.0M | $0.1M | β | β | β | β |
| Net income | β | β$6.0M | β$39.2M | β$16.6M | β$16.1M | β$17.0M | β$37.7M |
| Net income to common | β | β | β$39.2M | β$16.6M | β$16.1M | β$17.0M | β$37.7M |
| Diluted EPS | β | β | β$1.68 | β$1.50 | β$1.15 | β$0.80 | β |
| Diluted shares | β | 0.02B | 0.02B | 0.01B | 0.01B | 0.02B | 0.04B |
| Cash flow | |||||||
| Cash from operations | β$1.5M | β$1.0M | β$9.4M | β$9.4M | β$11.4M | β$11.7M | β$22.9M |
| Capital expenditure | β | $0.2M | $0.4M | $0.7M | $0.2M | $0.1M | $0.5M |
| Free cash flow | β | β$1.2M | β$9.8M | β$10.2M | β$11.6M | β$11.9M | β$23.4M |
| Depreciation and amortization | β | $0.2M | $0.3M | $0.4M | $0.4M | $0.4M | $0.5M |
| Stock-based compensation | β | $0.6M | $0.8M | $4.9M | $5.3M | $1.9M | $20.4M |
| Balance sheet | |||||||
| Cash and short-term investments | $0.4M | $5.4M | $8.5M | $2.6M | $2.3M | $13.5M | $13.5M |
| Total debt | $0.6M | $1.0M | $0.6M | $1.7M | $1.4M | $0.9M | $0.0M |
| Current assets | β | $6.2M | $11.0M | $6.9M | $4.7M | $17.1M | $79.4M |
| Current liabilities | β | $1.3M | $2.4M | $6.2M | $5.6M | $11.5M | $7.0M |
| Inventory | $0.0M | $0.0M | $1.1M | $0.4M | $0.3M | $0.8M | $3.9M |
| Property and equipment, net | $0.3M | $0.5M | $1.1M | $2.4M | $1.9M | $1.5M | $3.6M |
| Goodwill | β | β | β | $1.2M | β | β | β |
| Intangible assets | β | $2.2M | $2.1M | $2.2M | $1.9M | β | $0.6M |
| Total assets | β | $8.9M | $14.1M | $12.7M | $8.5M | $18.9M | $85.2M |
| Total liabilities | β | $10.8M | $3.2M | $9.8M | $10.8M | $12.0M | $8.7M |
| Shareholders' equity | $1.4M | β$2.5M | $11.5M | $5.3M | $2.5M | $13.9M | $78.0M |
| Margins | |||||||
| Gross margin | 43.4% | 20.1% | 24.4% | 19.6% | 13.6% | 35.1% | 13.8% |
| Operating margin | β | β250.6% | β341.2% | β178.6% | β198.9% | β239.1% | β461.4% |
| EBITDA margin | β | β230.6% | β329.3% | β174.1% | β194.4% | β231.8% | β455.2% |
| Net margin | β | β557.4% | β1,458.6% | β177.1% | β174.3% | β316.1% | β477.6% |
| FCF margin | β | β115.2% | β364.6% | β108.6% | β125.5% | β220.4% | β295.6% |
| Returns | |||||||
| Return on capital | β | β | β196.4% | β298.9% | β895.6% | β771.1% | β44.7% |
| Return on capital employed | β | β35.4% | β77.9% | β258.7% | β634.6% | β175.1% | β46.6% |
| Return on equity | β | β | β868.3% | β197.1% | β413.1% | β207.3% | β82.1% |
| Return on assets | β | β67.3% | β340.8% | β123.4% | β151.4% | β124.1% | β72.5% |
| Return on tangible equity | β | β | β415.6% | β875.6% | β2,513.5% | β122.2% | β48.8% |
| Growth | |||||||
| Revenue growth | β | β22.8% | 151.4% | 248.3% | β1.5% | β41.6% | 47.0% |
| Share count change | β | β | 39.3% | β52.6% | 25.5% | 53.7% | 73.0% |
| Financial health | |||||||
| Debt / equity | 0.4x | β | 0.1x | 0.3x | 0.6x | 0.1x | 0.0x |
| Interest coverage | β | β25.0x | β100.7x | β12.0x | β71.6x | β38.3x | β29.9x |
| Current ratio | β | 4.8x | 4.6x | 1.1x | 0.8x | 1.5x | 11.4x |
| Quick ratio | β | 4.7x | 4.1x | 1.1x | 0.8x | 1.4x | 10.9x |
| Capital allocation | |||||||
| Capex / revenue | β | 21.3% | 15.3% | 7.8% | 1.9% | 2.6% | 5.7% |
| Stock comp / revenue | β | 56.3% | 31.4% | 52.1% | 57.8% | 35.6% | 257.7% |
| Quality scores | |||||||
| Piotroski F-score | β | β | 4.0 | 4.0 | 2.0 | 5.0 | 4.0 |
| Altman Z'' | β | β2.9 | β8.3 | β25.2 | β46.8 | β18.8 | 6.8 |
| Accruals ratio | β | β55.9% | β259.2% | β53.1% | β44.1% | β38.6% | β28.5% |
Source: SEC EDGAR XBRL filings (CIK 0001866030). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
