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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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
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
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
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