The
below are the data of operating results attributed to the discontinued operations:
SCHEDULE OF DISCONTINUED OPERATIONS
| | |
2025 | | |
2024 | | |
2023 | |
| | |
Yeat ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| | |
| | |
| | |
| |
| Revenues | |
$ | 824 | | |
$ | 1,790 | | |
$ | 2,163 | |
| Cost of revenues | |
| 767 | | |
| 1,692 | | |
| 1,423 | |
| Gross profit | |
| 57 | | |
| 98 | | |
| 740 | |
| | |
| | | |
| | | |
| | |
| Expenses: | |
| | | |
| | | |
| | |
| Research and development costs | |
| 9 | | |
| 164 | | |
| 648 | |
| General and administration expenses | |
| 1,455 | | |
| 1,714 | | |
| 866 | |
| Operating loss | |
| (1,407 | ) | |
| (1,780 | ) | |
| (774 | ) |
| | |
| | | |
| | | |
| | |
| Other expense | |
| - | | |
| - | | |
| | |
| Financial (income) expense | |
| 9 | | |
| 61 | | |
| 46 | |
| Loss before taxes on income | |
| (1,416 | ) | |
| (1,841 | ) | |
| (820 | ) |
| Income tax expense | |
| - | | |
| - | | |
| - | |
| Loss on disposal of discontinued operations* | |
| (1,009 | ) | |
| - | | |
| - | |
| Net loss for the year from discontinued operations | |
$ | (2,425 | ) | |
$ | (1,841 | ) | |
$ | (820 | ) |
| (*) |
The
loss on disposal of discontinued operations was determined as follows: |
A2Z
CUST2MATE SOLUTIONS CORP.
NOTES
TO THE CONSOLIDATED FINANCIAL STATEMENTS
(Expressed
in Thousands of US Dollars, except per share data)
NOTE
32 – DISCONTINUED OPERATIONS (CONTINUED)
| | |
2025 | | |
2024 | |
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Consideration received on disposal of discontinued operations | |
$ | 148 | | |
$ | - | |
| Cash disposed of | |
| (549 | ) | |
| - | |
| Net cash outflow on disposal of discontinued operations | |
| (401 | ) | |
| - | |
| | |
| | | |
| | |
| Net assets disposed (other than cash): | |
| | | |
| | |
| Property, equipment and right of use assets, net | |
| (416 | ) | |
| - | |
| Trade and other receivables | |
| (668 | ) | |
| - | |
| Trade and other payables | |
| 223 | | |
| - | |
| Loans | |
| 94 | | |
| - | |
| Severance payments, net | |
| 159 | | |
| - | |
| Net assets disposed (other
than cash): | |
$ | (1,009 | ) | |
$ | - | |
| | |
2025 | | |
2024 | |
| | |
Year ended | |
| | |
December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
| Net cash flows provided by (used by) discontinued operations | |
| | | |
| | |
| | |
| | | |
| | |
| From operating activities | |
$ | 514 | | |
$ | 338 | |
| From investing activities | |
| (47 | ) | |
| (94 | ) |
| From financing activities | |
| (134 | ) | |
| (255 | ) |
| Net
cash flows provided by (used by) discontinued operations | |
$ | 333 | | |
$ | 11 | |
|