MySize Q1 revenue jumps 314% to $2.98M; net loss narrows 61% to $1.02M

My Size, Inc.

2024-Q1 EPS reported -$1.88 revenue$2,984,000

Revenue $2.98M (+314% YoY); SaaS revenue $177K (+25%).
Gross profit improved to $1.20M from ($1.15M); operating loss narrowed 57% to $1.07M.
Net loss narrowed 61% to $1.02M.
Entered warrant repricing transaction for $3.26M gross proceeds, closing May 20.

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 the three months ended March 31, 2024 results: revenue $2,984,000, net income $1,016,000.

Period: the three months ended March 31, 2024
Revenue: $2,984,000
Net income: $1,016,000
Result: reported results

Exact text from the filing

31, 2024. Key Financial Highlights for the Three Months Ended March 31, 2024 Compared to Prior Year Period and Recent Developments ● Consolidated revenue increased 314% to $2,984,000 primarily attributable to revenue generated following the acquisition of Orgad ● Software-as-a-Service (SaaS) revenues increased 25% to $177,000 ● Gross profit increased to

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Source: SEC EDGAR

accession 0001493152-24-020144

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