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Side-by-side financial comparison of A2Z CUST2MATE SOLUTIONS CORP. (AZ) and Peraso Inc. (PRSO). Click either name above to swap in a different company.

Peraso Inc. is the larger business by last-quarter revenue ($2.9M vs $1.5M, roughly 1.9× A2Z CUST2MATE SOLUTIONS CORP.). Peraso Inc. runs the higher net margin — -43.3% vs -90.4%, a 47.1% gap on every dollar of revenue. On growth, A2Z CUST2MATE SOLUTIONS CORP. posted the faster year-over-year revenue change (-1.6% vs -22.0%).

Peraso Inc. is a semiconductor technology firm specializing in the design and production of high-performance millimeter wave (mmWave) integrated circuits and modules. It delivers 5G and next-generation wireless connectivity solutions for telecom infrastructure, industrial IoT, fixed wireless access and consumer electronics segments, serving customers across North America, Asia Pacific and European markets.

AZ vs PRSO — Head-to-Head

Bigger by revenue
PRSO
PRSO
1.9× larger
PRSO
$2.9M
$1.5M
AZ
Growing faster (revenue YoY)
AZ
AZ
+20.4% gap
AZ
-1.6%
-22.0%
PRSO
Higher net margin
PRSO
PRSO
47.1% more per $
PRSO
-43.3%
-90.4%
AZ

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AZ
AZ
PRSO
PRSO
Revenue
$1.5M
$2.9M
Net Profit
$-1.4M
$-1.2M
Gross Margin
34.0%
52.2%
Operating Margin
-265.9%
-44.6%
Net Margin
-90.4%
-43.3%
Revenue YoY
-1.6%
-22.0%
Net Profit YoY
60.4%
20.3%
EPS (diluted)
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZ
AZ
PRSO
PRSO
Q4 25
$2.9M
Q3 25
$1.5M
$3.2M
Q2 25
$1.2M
$2.2M
Q1 25
$2.0M
$3.9M
Q4 24
$3.7M
Q3 24
$1.6M
$3.8M
Q2 24
$1.1M
$4.2M
Q1 24
$2.8M
Net Profit
AZ
AZ
PRSO
PRSO
Q4 25
$-1.2M
Q3 25
$-1.4M
$-1.2M
Q2 25
$-12.6M
$-1.8M
Q1 25
$-6.8M
$-471.0K
Q4 24
$-1.6M
Q3 24
$-3.5M
$-2.7M
Q2 24
$-3.2M
$-4.4M
Q1 24
$-2.0M
Gross Margin
AZ
AZ
PRSO
PRSO
Q4 25
52.2%
Q3 25
34.0%
56.2%
Q2 25
23.3%
48.3%
Q1 25
31.7%
69.3%
Q4 24
56.3%
Q3 24
43.9%
47.0%
Q2 24
7.4%
55.5%
Q1 24
46.4%
Operating Margin
AZ
AZ
PRSO
PRSO
Q4 25
-44.6%
Q3 25
-265.9%
-36.8%
Q2 25
-585.9%
-80.0%
Q1 25
-381.4%
-13.3%
Q4 24
-44.3%
Q3 24
-167.0%
-70.3%
Q2 24
-272.1%
-105.6%
Q1 24
-128.9%
Net Margin
AZ
AZ
PRSO
PRSO
Q4 25
-43.3%
Q3 25
-90.4%
-37.4%
Q2 25
-1085.4%
-82.4%
Q1 25
-342.1%
-12.2%
Q4 24
-42.4%
Q3 24
-224.7%
-70.6%
Q2 24
-277.4%
-104.4%
Q1 24
-72.1%
EPS (diluted)
AZ
AZ
PRSO
PRSO
Q4 25
$-0.09
Q3 25
$-0.17
Q2 25
$-0.31
Q1 25
$-0.19
$-0.10
Q4 24
$0.36
Q3 24
$-0.15
$-0.98
Q2 24
$-0.05
$-1.88
Q1 24
$-1.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZ
AZ
PRSO
PRSO
Cash + ST InvestmentsLiquidity on hand
$43.2M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$71.3M
$4.6M
Total Assets
$81.9M
$6.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZ
AZ
PRSO
PRSO
Q4 25
$2.9M
Q3 25
$43.2M
Q2 25
$28.5M
Q1 25
$24.2M
Q4 24
$3.3M
Q3 24
$3.4M
$1.3M
Q2 24
$653.0K
$1.9M
Q1 24
$2.4M
Stockholders' Equity
AZ
AZ
PRSO
PRSO
Q4 25
$4.6M
Q3 25
$71.3M
$3.6M
Q2 25
$31.5M
$3.0M
Q1 25
$31.3M
$3.6M
Q4 24
$3.5M
Q3 24
$-504.0K
$2.0M
Q2 24
$-340.0K
$3.6M
Q1 24
$6.7M
Total Assets
AZ
AZ
PRSO
PRSO
Q4 25
$6.1M
Q3 25
$81.9M
$6.2M
Q2 25
$46.1M
$5.5M
Q1 25
$42.2M
$6.7M
Q4 24
$7.2M
Q3 24
$10.2M
$7.2M
Q2 24
$7.2M
$9.8M
Q1 24
$11.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZ
AZ
PRSO
PRSO
Operating Cash FlowLast quarter
$-4.0M
$-1.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZ
AZ
PRSO
PRSO
Q4 25
$-1.1M
Q3 25
$-4.0M
$-1.5M
Q2 25
$-5.9M
$-2.0M
Q1 25
$-3.8M
$-966.0K
Q4 24
$-687.0K
Q3 24
$-658.0K
$-683.0K
Q2 24
$-3.7M
$-659.0K
Q1 24
$-2.5M
Free Cash Flow
AZ
AZ
PRSO
PRSO
Q4 25
Q3 25
$-1.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
AZ
AZ
PRSO
PRSO
Q4 25
Q3 25
-48.9%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
AZ
AZ
PRSO
PRSO
Q4 25
Q3 25
1.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZ
AZ

Segment breakdown not available.

PRSO
PRSO

Products$2.8M96%
Other$105.0K4%

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