MySize CEO Letter to Shareholders - 2025 Strategic Outlook

Core Insights - MySize, Inc. is actively pursuing mergers and acquisitions to enhance growth opportunities, focusing on the second-hand apparel and AI shoe technology sectors [3] - The company is progressing towards cash-flow breakeven and profitability through a roll-up strategy, integrating acquired companies and targeting financially disciplined acquisitions [4] - In 2024, MySize achieved 18% year-over-year revenue growth, doubled cash reserves, and reduced net loss by 37%, indicating strong financial momentum [6] Strategic Developments - The company has signed two Letters of Intent (LOIs) for potential acquisitions, reflecting its strategic intent to expand into high-potential verticals [3] - MySize is reinforcing its leadership team with experienced executives to support scaling operations while maintaining strategic discipline [5] - The integration of Orgad and Naiz Fit is already yielding positive results in revenue generation and operational efficiency [4] Technological Advancements - MySize is leveraging data from its group companies, particularly Naiz Fit, to develop AI-driven solutions that optimize retail performance and consumer interactions [7] - The combination of AI, big data, and strategic acquisitions positions MySize at the forefront of the retail technology revolution [8] - The company aims to create long-term value for shareholders through sustainable and innovation-led business practices [8]