MySize Q2 revenue up 61% to $1.29M, net loss narrows 25% to $1.291M

My Size, Inc.

2023-Q2 EPS reported $1.80 revenue$2,010,000

Consolidated revenue $1.29M (+61% YoY); gross profit $519K (+61%); gross margin stable at 40%.
Operating loss narrowed 6% to $1.554M; net loss narrowed 25% to $1.291M.
SaaS revenues from MySizeID, Naiz Fit, Smart Catalog more than doubled vs Q1 2022.
Orgad strategic shift to Fulfillment by Amazon; H1 2023 Amazon sales $1.74M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

My Size, Inc. reported three months ended June 30, 2023 results: revenue $1,290,000, net income Net loss ... $1,291,000.

Period: three months ended June 30, 2023
Revenue: $1,290,000
Net income: Net loss ... $1,291,000
Result: reported results

Exact text from the filing

the three months ended June 30, 2023. Key Financial Highlights for the Three Months Ended June 30, 2023 Compared to Prior Year Period ● Consolidated revenue increased 61% to $1,290,000 primarily driven by growth at Orgad and the acquisition of Naiz Fit ● Gross profit increased 61% to $519,000 ● Gross profit margin remained stable at 40% ● Cost of revenues

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Source: SEC EDGAR

accession 0001493152-23-028086

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