My Size, Inc. develops and commercializes mobile device measurement solutions for e-commerce fashion/apparel, shipping/parcel, and do it yourself industries in Israel. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSize, a parcel measurement application that allows customers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; SizeUp app, which allows users to utilize their smartphone as a tape measure; and SizeIT, a smart measuring tape SDK that provides users with the ability to instantly and accurately measure objects with a quick movement of their mobile device. The company was formerly known as Knowledgetree Ventures, Inc. and changed its name to My Size, Inc. in January 2014. My Size, Inc. was incorporated in 1999 and is based in Airport City, Israel.
IPO Year:
Exchange: NASDAQ
Website: mysizeid.com
Highlighting 53% Revenue Growth and Path to Profitability Revenues and gross profits up 53% and 61%, respectively, driven by growth at Orgad and Naiz Fit AIRPORT CITY, Israel, Aug. 14, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ:MYSZ), a leader in AI-driven measurement solutions for the e-commerce industry, today announced its financial results for the second quarter ended June 30, 2024. The company reported robust financial performance, marked by a 53% increase in revenues and a 61% rise in gross profit, reflecting the strong performances of Orgad and the successful markets penetration from Naiz Fit. Key Financial Highlights for the Three Months Ended June 30, 2024 Compared to Prior Year
Synergies position MySize to become one of the leading measurement solution technology providers in the fashion industry and accelerate growth by broadening tech solution offerings, and expanding European footprint, global marketing & sales infrastructure Addition of robust Naiz Fit customers base: Desigual, Moschino, and El Ganso among other highly recognized European and international fashion housesForecasting an additional $1 million MySize revenue in 2023 with Naiz Fit acquisitionAIRPORT CITY, Israel , Oct. 12, 2022 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutio
AIRPORT CITY, Israel, Feb. 8, 2022 /PRNewswire/ -- MySize, Inc. (NASDAQ:MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), the provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, is pleased to announce that it has acquired Orgad, an omnichannel e-commerce platform. Orgad is headquartered in Israel and operates globally, including the U.S. and Europe. Orgad generated approximately $2.5 million in revenue in 2021 with profitable operations. Its team consists of solid operators with deep understanding and knowledge in e-commerce, supply chain and technology. Orgad's focus on technology, operations and customer service to increase effici
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AIRPORT CITY, Israel, Feb. 2, 2022 /PRNewswire/ -- My Size, Inc. (NASDAQ:MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), the provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, is pleased to announce the appointment of Javier Brandwain as its first-ever Chief Commercial Officer. Javier Brandwain brings significant global experience in retail and the fashion industry, and held numerous leadership roles in business development, operations, and international markets, which are specifically relevant for MySize. Most re
AIRPORT CITY, Israel, Nov. 4, 2021 /PRNewswire/ -- My Size, Inc. ("My Size" or the "Company") (NASDAQ:MYSZ) (TASE: MYSZ), a leading developer and creator of smartphone measurement solutions, today announced that it has entered into a cooperation agreement (the "Agreement") with Custodian Ventures LLC and its affiliates (collectively, "Custodian Ventures"). In addition, My Size announced that it is seeking to enhance shareholder value by evaluating acquisition opportunities while refocusing on the commercialization of MySizeID. Custodian Ventures has agreed to conclude its public campaign and withdraw its director candidates for election at the Company's 2021 Annual Meeting of Stockholders
Highlighting 53% Revenue Growth and Path to Profitability Revenues and gross profits up 53% and 61%, respectively, driven by growth at Orgad and Naiz Fit AIRPORT CITY, Israel, Aug. 14, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ:MYSZ), a leader in AI-driven measurement solutions for the e-commerce industry, today announced its financial results for the second quarter ended June 30, 2024. The company reported robust financial performance, marked by a 53% increase in revenues and a 61% rise in gross profit, reflecting the strong performances of Orgad and the successful markets penetration from Naiz Fit. Key Financial Highlights for the Three Months Ended June 30, 2024 Compared to Prior Year
Q1 revenues of $2.98 M up 314% over prior year period AIRPORT CITY, Israel, May 16, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ:MYSZ) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today reported financial and operational results for the three months ended March 31, 2024. Key Financial Highlights for the Three Months Ended March 31, 2024 Compared to Prior Year Period and Recent Developments Consolidated revenue increased 314% to $2,984,000 primarily attributable to revenue generated following the acquisition of OrgadSoftware-as-a-Service (SaaS) revenues increas
AIRPORT CITY, Israel, May 7, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ:MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, announced the receipt of a formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company's common stock to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecu
AIRPORT CITY, Israel, April 15, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, announced that its Board of Directors has approved a one-for-eight reverse stock split of its common stock that is scheduled to become effective after trading closes on April 19, 2024. Beginning on April 23, 2024, the Company's common stock will trade on the Nasdaq Capital Market on a split adjusted basis under a new CUSIP number 62844N 406. The Company's common stock will continue to trade on the Nasdaq Capital Market under the symbol
AIRPORT CITY, Israel, Feb. 22, 2024 /PRNewswire/ -- My Size Inc. (NASDAQ:MYSZ) (TASE: MYSZ.TA), a leading omnichannel e-commerce platform and innovator in AI-driven measurement solutions, is excited to announce the latest advancements from its subsidiary, Naiz Fit. Embracing the future of fashion technology, Naiz Fit is pioneering the integration of Generative Artificial Intelligence (AI) into its services, setting a new standard for personalized and interactive shopping experiences in the fashion industry. Innovating with Natural Language Models: Naiz Fit is harnessing the power of advanced natural language processing models and multi-agent environments, such as Crew AI and Autogen, to int
January 14th - 16th at the Jacob K. Javits Convention Center AIRPORT CITY, Israel, Jan. 11, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, announced today it will exhibit its suite of products including FirstLook Smart Mirror and its digital sizing solutions, MySizeID and Naiz Fit, at the National Retail Federation's (NRF) "NRF 2024 Retail's Big Show" which takes place January 14 through 16 at the Jacob K. Javitz Convention Center in New York City. Seen by many in the industry as retail's most i
AIRPORT CITY, Israel, Dec. 5, 2023 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today announced that Ronen Luzon, the Company's Founder and CEO, appeared on the Fox Business Network TV show, Varney and Company, to discuss how its size and fit technologies are helping more than 100 fashion retailers to reduce returns and increase conversion rates. "MySize's technology utilizes advanced algorithms and data analytics to accurately predict the correct size and fit for each customer, leading to a more pe
Reiterates revenue guidance of $8 M for the yearQ3 revenues of $2.16 M up nearly 200% over prior year period64% gross margin in Q3AIRPORT CITY, Israel, Nov. 15, 2023 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today reported financial and operational results for the three months ended September 30, 2023. Key Financial Highlights for the Three Months Ended September 30, 2023 Compared to Prior Year Period Revenue increased by 197% to $2,156,000 primarily driven by growth at Orgad and SaaS solutions i
Innovative SaaS solutions for the fashion industry solve problems related to sizing and fit at several points along the fashion value chain—from design to retail commerce AIRPORT CITY, Israel, Oct. 3, 2023 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today announced its Spain-based Naiz Fit received the "Agile Customer Journey" innovation award at Paris Retail Week 2023, one of the most significant events in the French retail sector attended by 20,000 professionals. The Paris Retail Awards celebrate
Salsa Jeans, a leading Portugal-based jeans brand leverages Smart Catalogue to improve fit and size merchandizingSmart Catalogue powers brand design teams to solve sizes problems before they arise—at the design phaseAIRPORT CITY, Israel, Sept. 20, 2023 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today announced results from a pilot implementation of Smart Catalogue with Naiz Fit's customer, Salsa Jeans, a global apparel brand whose jeans are sold through 190 stores across 40 countries. Smart Cata
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My Size (NASDAQ:MYSZ) reported quarterly losses of $(1.88) per share. This is a 86.01 percent increase over losses of $(13.44) per share from the same period last year. The company reported $2.98 million in sales this quarter. This is a 314.44 percent increase over sales of $720.00 thousand the same period last year.
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My Size's (NYSE:MYSZ) short percent of float has risen 2063.64% since its last report. The company recently reported that it has 38 thousand shares sold short, which is 7.14% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is im