A2Z Cust2Mate Reports Significant Increase in Net Loss to $19.3M for H1 2025; Revenues Climb to $1.74M
A2Z Cust2mate Solutions Corp. has released its condensed consolidated interim financial statements for the six months ended June 30, 2025. The company reported a net loss of $19.345 million, a significant increase compared to the net loss of $3.570 million for the same period in 2024. This increase in net loss is attributed to several factors, including a rise in share-based compensation, which increased to $7.117 million from $669,000 in the previous year, and a loss on divestment of a subsidiary amounting to $1.009 million. Additionally, there was a gain on revaluation of warrant liability of $3.735 million, contrasting with a gain of $3.775 million in the previous year. Cost of revenues for the period amounted to $1.740 million, up from $235,000 in 2024. The segment operational loss also increased, totaling $6.430 million compared to $6.254 million in the prior year. The company did not provide specific future outlook or guidance in the document.
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