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A2z Cust2mate Solutions Corp. (AZ) stock

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NASDAQ: AZ Nasdaq Application Software Next results ~November 11, 2026

D Fundamentals grade

A2z Cust2mate Solutions Corp. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for A2z Cust2mate Solutions Corp. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds25 adding, 22 cuttingOf 8 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter A2z Cust2mate Solutions files

Where A2z Cust2mate Solutions stands after its latest Filing

Revenue for the twelve months was $8m, up 47.0% on a year earlier, against a decline of 41.6% a quarter earlier. That growth ranks 16 of 183 among the application software companies we cover. Free-cash-flow margin rose to -295.6% from -364.6% a year earlier. Operating margin narrowed to -461.4% from -341.2%. The diluted share count is up 73.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 5 of our 6 financial-health checks.

Our model value for A2z Cust2mate Solutions is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

A2z Cust2mate Solutions Corp.'s trailing-twelve-month revenue grew 47.0% year on year, with a free-cash-flow margin of -295.6%. Where it stands out: change in growth rate of +88.6pp ranks 6 of 184 application software companies we cover. Where it lags: stock pay as % of revenue of 257.7% ranks 172 of 177 application software companies we cover.

Current signal Balance sheet growing far ahead of sales: Total assets grew 351% year over year while revenue grew 47% — the balance sheet is expanding 304 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 47.0% over the last 12 months, against a median of 12.0% for application software companies we cover.
  • Growth speeding up. The growth rate is 88.6 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 7.8% over 90 days.

Things to watch

  • Loss-making. Operating margin is -461.4%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 222.3 points on a year ago.
  • Burning cash. Free cash flow was -295.6% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 257.7% of revenue, against a median of 9.3% for application software companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 73.0% in a year.
  • Gross margin slipping. Gross margin is down 21.3 points on a year ago.

Latest results

Earnings per share
-$0.16 against an average estimate of -$0.16: beat by 0.0%
Next report
November 11, 2026; average EPS estimate -$0.15

A2z Cust2mate Solutions' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.2%
  • 1 week+4.8%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$7.9M
Operating margin
-461.4%
Net margin
-477.6%
EPS (TTM, diluted)
$-1.02

Growth

Revenue growth
+47.0%
Change in growth rate
+88.6 pts
Share count change
+73.0%

Cash

Free cash flow (TTM)
-$23.4M
FCF margin
-295.6%
Stock pay % of revenue
257.7%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for AZ from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value A2z Cust2mate Solutions Corp. as an operating company, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.0 ~$0.3–$1.3 Left out: out of range vs price (0.00x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare A2z Cust2mate Solutions Corp. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026, after the close. Analysts expect revenue of $8m and EPS of −$0.15 (range −$0.15 to −$0.15) for the quarter.

Analysts' consensus

A2z Cust2mate Solutions Corp.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current −$0.52 — $36m +351%
Next $0.55 +206% $109m +207%

Next year's EPS estimate has moved +7.8% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.0% on 90 days ago. In the last 30 days, 0 analysts raised A2z Cust2mate Solutions Corp.'s forecast and 1 cut it.

Consensus EPS forecast A2z Cust2mate Solutions Corp., last 90 days
−$1.00 −$0.50 $0.00 $0.50 $1.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.51 Current fiscal year, 60 days ago: −$0.51 Current fiscal year, 30 days ago: −$0.52 Current fiscal year, 7 days ago: −$0.52 Current fiscal year, Now: −$0.52 −$0.52 Next fiscal year, 90 days ago: $0.51 Next fiscal year, 60 days ago: $0.51 Next fiscal year, 30 days ago: $0.55 Next fiscal year, 7 days ago: $0.55 Next fiscal year, Now: $0.55 $0.55

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.51$0.51
60 days ago −$0.51$0.51
30 days ago −$0.52$0.55
7 days ago −$0.52$0.55
Now −$0.52$0.55

Earnings against estimates

A2z Cust2mate Solutions Corp.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 −$0.16 −$0.16 0.0%
Mar 2026 −$0.14 −$0.18 −28.6%
Dec 2025 −$0.06 −$0.42 −600.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Nov 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Nov 202622
  2. Oct 202622

Counts of recommendations published by analysts covering A2z Cust2mate Solutions Corp., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
11.6%
of tradable shares
Days to cover
11.47
at average volume
Short interest, 1 month
+7%
to October 15, 2026
Held by institutions
44%
of shares
Held by insiders
14.7%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

A2z Cust2mate Solutions Corp. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) A2z Cust2mate Solutions Corp.
$0 $5M $10M FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue (TTM), FY19 Q4: $1.4M Revenue (TTM), FY20 Q4: $1.1M Revenue (TTM), FY21 Q4: $2.7M Revenue (TTM), FY22 Q4: $9.4M Revenue (TTM), FY23 Q4: $9.2M Revenue (TTM), FY24 Q4: $5.4M Revenue (TTM), FY25 Q4: $7.9M $7.9M

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY19 Q4 $1.4M
FY20 Q4 $1.1M
FY21 Q4 $2.7M
FY22 Q4 $9.4M
FY23 Q4 $9.2M
FY24 Q4 $5.4M
FY25 Q4 $7.9M
Revenue growth, TTM YoY A2z Cust2mate Solutions Corp.
-100% 0% 100% 200% 300% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY20 Q4: -22.8% Revenue growth, TTM YoY, FY21 Q4: 151.4% Revenue growth, TTM YoY, FY22 Q4: 248.3% Revenue growth, TTM YoY, FY23 Q4: -1.5% Revenue growth, TTM YoY, FY24 Q4: -41.6% Revenue growth, TTM YoY, FY25 Q4: 47.0% 47.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY20 Q4 -22.8%
FY21 Q4 151.4%
FY22 Q4 248.3%
FY23 Q4 -1.5%
FY24 Q4 -41.6%
FY25 Q4 47.0%
Operating margin (TTM) A2z Cust2mate Solutions Corp.
-600% -400% -200% 0% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Operating margin (TTM), FY20 Q4: -250.6% Operating margin (TTM), FY21 Q4: -341.2% Operating margin (TTM), FY22 Q4: -178.6% Operating margin (TTM), FY23 Q4: -198.9% Operating margin (TTM), FY24 Q4: -239.1% Operating margin (TTM), FY25 Q4: -461.4% -461.4%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY20 Q4 -250.6%
FY21 Q4 -341.2%
FY22 Q4 -178.6%
FY23 Q4 -198.9%
FY24 Q4 -239.1%
FY25 Q4 -461.4%
FCF margin (TTM) A2z Cust2mate Solutions Corp.
-400% -300% -200% -100% 0% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FCF margin (TTM), FY20 Q4: -115.2% FCF margin (TTM), FY21 Q4: -364.6% FCF margin (TTM), FY22 Q4: -108.6% FCF margin (TTM), FY23 Q4: -125.5% FCF margin (TTM), FY24 Q4: -220.4% FCF margin (TTM), FY25 Q4: -295.6% -295.6%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY20 Q4 -115.2%
FY21 Q4 -364.6%
FY22 Q4 -108.6%
FY23 Q4 -125.5%
FY24 Q4 -220.4%
FY25 Q4 -295.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 40-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

A2z Cust2mate Solutions Corp.: annual financial statements
Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 1 1 3 9 9 5 8
Gross profit 1 0 1 2 1 2 1
EBITDA — −2 −9 −16 −18 −12 −36
Operating income — −3 −9 −17 −18 −13 −36
Net income — −6 −39 −17 −16 −17 −38
Diluted EPS — — −$4.20 −$1.50 −$1.15 −$0.80 —
Growth (year on year)
Revenue — −22.8% +151.4% +248.3% −1.5% −41.6% +47.0%
Margins
Gross margin 43.4% 20.1% 24.4% 19.6% 13.6% 35.1% 13.8%
EBITDA margin — −230.6% −329.3% −174.1% −194.4% −231.8% −455.2%
Operating margin — −250.6% −341.2% −178.6% −198.9% −239.1% −461.4%
Net margin — −557.4% <−999% −177.1% −174.3% −316.1% −477.6%
Free-cash-flow margin — −115.2% −364.6% −108.6% −125.5% −220.4% −295.6%
Cash flow
Cash from operations −2 −1 −9 −9 −11 −12 −23
Capital spending — 0 0 1 0 0 0
Free cash flow — −1 −10 −10 −12 −12 −23
Stock-based pay — 1 1 5 5 2 20
Free cash flow after stock pay — −2 −11 −15 −17 −14 −44
Balance sheet
Cash 0 5 8 3 2 14 14
Total debt 1 1 1 2 1 1 0
Net debt (negative = net cash) 0 −4 −8 −1 −1 −13 −13
Diluted shares — 7m 9m 11m 14m 21m 37m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 6 checks passed · December 31, 2025
What it owns · $85m
Short-term assets $79mLonger-term assets $6m
What it owes, and who funded it · $87m
Short-term liabilities $7mLonger-term liabilities $2mShareholders' equity $78m
  • Short-term assets cover short-term liabilities $79m of assets due within a year against $7m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $79m short-term assets against $2m of longer-dated liabilities.
  • More cash than debt $14m of cash against $47,000 of debt.
  • Debt below 40% of shareholders' equity Debt is 0% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$23m of operating cash flow against $47,000 of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From A2z Cust2mate Solutions Corp.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+73.0%
year over year
R&D spending
125.9%
of revenue
Days sales outstanding
136 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Growth, margins and cash generation against peers
Last 12 months unless stated AZ RYET AUR BKYI RYDE NTCL Median
Revenue, last 12 months $8m $7m $7m $7m $10m $10m $482m
Revenue growth, last 12 months 47.0% 11.9% 250.0% −3.1% 42.9% −2.9% 12.0%
Revenue growth, 3-year average — — −61.6% −2.6% — — 11.1%
Revenue growth, latest quarter — — 200.0% 13.1% — — 11.9%
Gross margin 13.8% 25.2% −285.7% 81.3% — 22.8% 69.2%
Operating margin −461.4% −97.8% <−999% −86.4% −50.1% −111.5% 1.1%
Operating margin, 3-year average — — <−999% −78.8% — — −0.8%
Net margin −477.6% −105.0% <−999% −90.1% −139.5% −110.4% 2.1%
Cash from operations / revenue −289.9% −122.3% <−999% −62.1% −188.2% −58.3% 18.2%
Free-cash-flow margin −295.6% −123.2% <−999% −62.1% −188.2% −58.4% 15.0%
Free-cash-flow margin, 3-year average — — <−999% −51.2% — — 16.2%
Stock pay / revenue 257.7% 6.0% >999% 2.6% 88.7% 31.2% 9.3%
Change in share count 73.0% 14.1% 10.1% 76.2% 110.7% 14.2% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 47.0% 12.0% 16 of 184
Change in growth rate Growth +88.6pp +0.2pp 6 of 184
Gross margin Profitability 13.8% 69.8% 153 of 160
Operating margin Profitability -461.4% 1.1% 167 of 181
Net margin Profitability -477.6% 2.1% 171 of 185
Free-cash-flow margin Cash generation -295.6% 15.2% 170 of 180
Stock pay as % of revenue Cash generation 257.7% 9.3% 172 of 177
Long-term debt as % of assets Balance sheet 0.0% 16.9% 9 of 98
Change in share count Balance sheet 73.0% 1.7% 153 of 163
Days sales outstanding Balance sheet 136 days 57 days 149 of 162

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$113M
Institutions reporting
50
Shares held vs prior quarter
▲ 17.4%
Positions opened / closed
5 / 9

Top buyers and sellers, Q2 2026: 25 institutions bought and 22 sold ; the biggest buyer was Diametric Capital, LP (+1.1M shares) and the biggest seller Private Advisor Group, LLC (−972K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Luxor Capital Group, LP $20.7M 3.6M 18.2% ▲ 23.3%
Shay Capital LLC $14.5M 2.5M 12.8% ▲ 19.5%
Weybosset Research & Management LLC $10.7M 1.8M 9.4% ▲ 18.7%
Diametric Capital, LP $9.7M 1.7M 8.6% ▲ 192.8%
Garnet Equity Capital Holdings, Inc. $8.8M 1.5M 7.7% 0.0%
Centerbook Partners LP $6.2M 1.1M 5.5% ▲ 2272.9%
Iht Wealth Management, LLC $3.9M 668K 3.4% ▲ 44.6%
J. Goldman & Co LP $3.8M 648K 3.3% ▲ 51.6%
Cable Car Capital, LP $3.5M 600K 3.1% 0.0%
Clal Insurance Enterprises Holdings Ltd $3.2M 547K 2.8% ▼ 16.1%
Caspian Capital LP $3M 518K 2.7% New
Nishkama Capital, LLC $3M 517K 2.7% ▲ 8.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not A2z Cust2mate Solutions Corp.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on A2z Cust2mate Solutions Corp. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

A2z Cust2mate Solutions Corp. in brief

What does A2z Cust2mate Solutions Corp. do?
A2z Cust2mate Solutions Corp. is a US-listed company in the application software industry. Its financial year ends in December.
What is A2z Cust2mate Solutions Corp.'s stock ticker?
A2z Cust2mate Solutions Corp. trades under the ticker AZ on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is A2z Cust2mate Solutions Corp.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, A2z Cust2mate Solutions Corp. reported revenue of $7.9M, 47.0% higher than a year earlier, according to its SEC filings.
What is A2z Cust2mate Solutions Corp.'s free cash flow?
A2z Cust2mate Solutions Corp.'s free-cash-flow margin is -295.6% of revenue over the trailing twelve months, ranking 170 of the 180 application software companies we cover.
Who are A2z Cust2mate Solutions Corp.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Luxor Capital Group, LP, Shay Capital LLC and Weybosset Research & Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
How much debt does A2z Cust2mate Solutions Corp. have?
A2z Cust2mate Solutions Corp.'s debt-to-equity ratio is 0.1%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are A2z Cust2mate Solutions Corp.'s competitors?
In our Application Software peer group, the companies closest to A2z Cust2mate Solutions Corp. are Ruanyun Edai Technology Inc., Aurora Innovation, Inc., BIO KEY International Inc, Ryde Group Ltd and Netclass Technology Inc. The side-by-side comparison below sets their revenue, margins and growth against A2z Cust2mate Solutions Corp.'s.
When is A2z Cust2mate Solutions Corp.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — A2z Cust2mate Solutions Corp. announces its own schedule.