MySize Q1 revenue jumps 1400% to $404K on Orgad acquisition; reaffirms FY2022 guidance of $5M+

My Size, Inc.

Revenue $404K (+1400% YoY); gross profit $153K (37.9% margin), vs $27K prior year.
Net loss $2.188M ($0.09 loss per share) vs $1.457M loss ($0.16) in Q1 2021.
Cash $7.8M at Mar 31, 2022, down from $10.7M at Dec 31, 2021.
Reiterated FY2022 guidance of at least $5M revenue based on existing business.
Closed Orgad acquisition Feb 7; launched FirstLook Smart Mirror; appointed CCO Javier Brandwain.

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