My Size Q3 revenue up 197% to $2.16M; loss narrows 44%; reiterates $8M FY guidance

My Size, Inc.

2023-Q3 EPS reported -$2.19 revenue$4,166,000

Q3 revenue $2.16M, up 197% YoY, driven by Orgad and Naiz Fit SaaS; gross margin 64%.
Operating loss narrowed 44% to $1.105M; net loss $1.132M, also narrowing 44% from $2.026M.
Reiterates FY 2023 revenue guidance of $8M; cash balance $3.695M at Sept 30.
Launched Naiz Workforce for $33B workwear market; early customers include Santexo, Norvil in Spain.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

My Size, Inc. reported third quarter ended September 30, 2023 results: revenue $2,156,000. Guidance reaffirmed.

Period: third quarter ended September 30, 2023
Revenue: $2,156,000
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Revenue for the three months ended September 30, 2023 increased 197% to $2,156,000 compared to $726,000 for the three months ended September 30, 2022.

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Source: SEC EDGAR

accession 0001493152-23-041409

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