MySize Q2 revenue up 53% to $1.97M, net loss narrows 25% to $964K

My Size, Inc.

2024-Q2 EPS reported -$3.06 vs consensus -$2.48 ▼ miss (-23.5%)

Revenue of $1.97M (+53% YoY) driven by Orgad growth and Naiz Fit SaaS revenue.
Gross profit up 61% to $984K; operating loss narrowed 44% to $877K.
Net loss improved 25% to $964K, from $1.29M in Q2 2023.
Cash position $3.2M as of June 30, 2024; management targets cash flow positivity.
CEO cites disciplined cost management and strategic focus on higher-margin segments.

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