M&A
confidence high
sentiment positive
materiality 0.60
My Size completes Naiz acquisition; Naiz 2021 revenue $248K, net profit $82K
My Size, Inc.
- Acquisition of Naiz Bespoke Technologies closed Oct 11, 2022; this 8-K/A adds required audited and unaudited financials.
- Naiz audited 2021: revenue $248K (up from $103K in 2020), net profit $82K (vs net loss $28K).
- Total comprehensive loss $55K in 2021 due to $137K forex translation loss.
- Naiz total assets $1.15M, including $799K intangible software costs; cash $89K as of Dec 31, 2021.
- Shareholders' equity $525K; accumulated deficit reduced to $10K from $72K in 2020.