My Size(MYSZ)

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All You Need to Know About My Size (MYSZ) Rating Upgrade to Buy
ZACKS· 2024-08-23 17:01
Core Viewpoint - My Size, Inc. (MYSZ) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - My Size is projected to earn -$4.69 per share for the fiscal year ending December 2024, reflecting a year-over-year change of 74.4% [8]. - Over the past three months, the Zacks Consensus Estimate for My Size has increased by 44.7%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - My Size's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
My Size(MYSZ) - 2024 Q2 - Quarterly Results
2024-08-14 13:07
Financial Results - My Size, Inc. reported its second quarter results for the period ending June 30, 2024[3] - The press release detailing the financial results was issued on August 14, 2024[3] - The financial information provided is not deemed "filed" under the Securities Exchange Act of 1934[3] Company Classification - The company is not classified as an emerging growth company under the Securities Act[2] Report Details - The report was signed by CEO Ronen Luzon on August 14, 2024[5]
MySize Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-14 13:00
Core Insights - MySize, Inc. reported a 53% year-over-year increase in revenues, reaching $1.97 million for Q2 2024, driven by strong performance from Orgad and Naiz Fit [2] - Gross profit increased by 61% to $984,000, up from $519,000 in the prior-year period, primarily due to revenue growth [2] - The company narrowed its operating loss by 44% to $877,000, compared to $1.55 million in Q2 2023, reflecting disciplined cost management [2] - Net loss improved by 25% to $964,000, down from $1.29 million in Q2 2023, attributed to increased revenues and reduced operational costs [2] - As of June 30, 2024, MySize held $3.2 million in cash and cash equivalents [2] Management Commentary - The CEO emphasized that the revenue and gross profit growth are indicators of successful strategic efforts in enhancing Orgad's revenue and optimizing SaaS offerings through Naiz Fit [3] - The company aims to leverage AI-driven retail solutions to drive continued revenue growth, reduce product returns, and improve customer satisfaction [3] - Management expressed confidence in sustaining momentum and achieving long-term cash flow positivity, positioning the company to capitalize on growth opportunities in e-commerce and retail sectors [3] Company Overview - MySize, Inc. is an omnichannel e-commerce platform providing AI-driven measurement solutions, including MySizeID and Naiz Fit, aimed at driving revenue growth and reducing costs for business clients [4] - Orgad operates as an online retailer platform with expertise in e-commerce, supply chain, and technology, functioning as a third-party seller on platforms like Amazon [4] - The company has developed unique measurement technology with applications across various industries, including apparel, e-commerce, DIY, shipping, and parcel delivery [5]
My Size(MYSZ) - 2024 Q2 - Quarterly Report
2024-08-12 20:15
U. S. SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File No. 001-37370 MY SIZE, INC. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------------------------------- ...
My Size (MYSZ) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ZACKS· 2024-06-11 14:56
Here's What Makes the Trend Reversal More Likely for MYSZ Shares of My Size, Inc. (MYSZ) have been struggling lately and have lost 11.1% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But ...
My Size(MYSZ) - 2024 Q1 - Quarterly Results
2024-05-16 13:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Commission File Number) Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 16, 2024 MY SIZE, INC. (Exact name of registrant as specified in its charter) Delaware 001-37370 51-0394637 (State or other jurisdiction of incorporation) (IRS Employer HaYarden 4, POB 1026, Airport City, Israel 7010000 (Address of principal executive offices and Zi ...
MySize Reports First Quarter 2024 Financial Results: Record Three-Month Revenues and Gross Profits
prnewswire.com· 2024-05-16 13:00
Q1 revenues of $2.98 M up 314% over prior year period AIRPORT CITY, Israel, May 16, 2024 /PRNewswire/ -- MySize, Inc. (Nasdaq: MYSZ) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, today reported financial and operational results for the three months ended March 31, 2024. Key Financial Highlights for the Three Months Ended March 31, 2024 Compared to Prior Year Period and Recent ...
My Size(MYSZ) - 2024 Q1 - Quarterly Report
2024-05-15 20:29
For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File No. 001-37370 U. S. SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 MY SIZE, INC. (Exact name of registrant as specified in its charter) Delaware 51-0394637 (State or other jurisdiction of incorporation or ...
My Size Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
Prnewswire· 2024-05-07 14:08
AIRPORT CITY, Israel, May 7, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, announced the receipt of a formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company's common stock to maintain a minimum bid price of ...
My Size(MYSZ) - 2023 Q4 - Annual Report
2024-04-01 21:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission file number 001-37370 MY SIZE, INC. (Exact name of registrant as specified in charter) | Delaware | 51-0394637 | | --- | --- | | (State or juris ...