May. 19 at 6:48 PM
$AZ
AZ — A2Z Smart Technologies Corp.
Hidden Angle: Management's "19,000 currently booked orders deployed by year-end 2027" figure — which the
market interpreted on the print as a deployment guide-down — explicitly excludes Migros (deliveries beginning
3Q26) and any wins between now and the end of 2027, while infrastructure buildouts are running in three
regions simultaneously: the Chinese factory is now online, a Bulgaria hub is under construction to cover
Europe/Turkey with secondary France operations, and a Panama site is being built in anticipation of regional
LatAm deliveries. Separately, a major Israeli bank (Leumi or Hapoalim) extended a
$30M working-capital line
after a deep dive on orders and contracts — independent third-party validation of the order book that the post-
earnings narrative is dismissing.