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OPERATING SEGMENTS
 9 Months Ended
Sep. 30, 2024
Disclosure of operating segments [abstract]  
OPERATING SEGMENTS

NOTE 7 – OPERATING SEGMENTS:

 

The Company and its subsidiaries are engaged in the following three segments:

 

  a. Services to the military/security markets as well as development of related products for the civilian and retail markets. (“Services”)
     
  b. Retail automation solutions – Smart Carts (“Smart Carts”)
     
  c. Manufacturing and selling of precision metal parts – “Precision Metal Parts”

 

   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
   Nine Months Ended September 30, 2024 
   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
Revenues                    
External  $3,649   $1,383   $308   $5,340 
Inter-segment   -    (31)   -    (31)
Total   3,649    1,352    308    5,309 
                     
Segment loss (profit)   (60)   1,066    9,147    10,153 
Gain on revaluation of warrant liability                  (3,236)
Finance expense, net                  186 
Tax expenses                  - 
Loss                 $7,103 

 

 

A2Z CUST2MATE SOLUTIONS CORP. (formerly A2Z Smart Technologies Corp.)

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(Expressed in thousands of US Dollars)

 

   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
   Nine Months Ended September 30, 2023 
   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
Revenues                    
External  $2,394   $1,949   $6,142   $10,485 
Inter-segment   -    (429)   -    (429)
Total   2,394    1,520    6,142    10,056 
                     
Segment loss (gain)   743    131    12,846    13,720 
Loss on revaluation of warrant liability                  84 
Finance expense, net                  49 
Tax expenses                  - 
Loss                 $13,853 

 

    Precision
Metal
Parts		     Advanced Engineering     Smart
Carts		     Total  
    Three Months Ended September 30, 2024  
    Precision
Metal
Parts		     Advanced Engineering     Smart
Carts		     Total  
Revenues                                
External   $ 1,418     $ 502     $ 154     $ 2,074  
Inter-segment     -       -       -       -  
Total     1,418       502       154       2,074  
                                 
Segment loss     (236 )      286       2,862       2,912  
Loss on revaluation of warrant liability                             539  
Finance expense, net                             82  
Tax expenses                             -  
Loss                           $ 3,533  

 

   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
   Three Months Ended September 30, 2023 
   Precision
Metal
Parts		   Advanced Engineering   Smart
Carts		   Total 
Revenues                
External  $781   $513   $1,442   $2,736 
Inter-segment   -    (148)   -    (148)
Total   781    365    1,442    2,588 
                     
Segment loss   195    187    4,570    4,952 
                     
Loss on revaluation of warrant liability                  (2,260)
                     
Finance income, net                  (140)
Tax expenses                  - 
Loss                 $2,588 

 

 

A2Z CUST2MATE SOLUTIONS CORP. (formerly A2Z Smart Technologies Corp.)

NOTES TO THE CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(Expressed in thousands of US Dollars)