earnings
confidence high
sentiment neutral
materiality 0.70
MySize Q3 revenue surges 2242% to $726K on Orgad acquisition; net loss $2.0M
My Size, Inc.
2023-Q3 EPS reported
-$5.75
revenue$1,931,000
- Revenue of $726K vs $31K YoY; Orgad contributed $685K in Q3.
- Operating loss $1.975M, narrowing 2.5% YoY; net loss $2.026M.
- Cash balance $4.6M at Sept 30, 2022; no material long-term debt.
- Closed acquisition of NaizFit; launched JV with Santista in Brazil.
- FY 2022 revenue guidance of $4-5M; expects high-margin SaaS growth in 2023.