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MySize Issues CEO Letter to Shareholders
Prnewswire· 2025-12-29 13:09
Core Viewpoint - MySize has transformed into a multi-faceted company with four active businesses generating revenue and a clear path toward operational scale [1][2][3] Business Operations - The company operates under a unified platform strategy addressing challenges in the global fashion industry through AI-driven sizing, commerce enablement, resale infrastructure, and data intelligence [2] - MySize expects to close 2025 with approximately $10 million in revenue and an estimated $4 million in cash on the balance sheet, providing operational flexibility [3] Platform Strategy - MySize is no longer a single-product company; its competitive advantage lies in the integration of various technologies across its platform [4] - The integrated approach creates switching costs, improves customer economics, and generates data network effects as adoption increases [4] Revenue Growth and Projections - The company anticipates a revenue trajectory of approximately $15 million in 2026, driven by existing customer relationships and cross-selling opportunities [5] - As revenue scales, MySize expects to demonstrate progress toward operating breakeven with improved unit economics [6] Strategic Focus - 2025 is viewed as an inflection year for MySize, marking the transition from platform-building to visible financial progress [7] - The company emphasizes capital discipline and strategic optionality, focusing on execution within existing business lines before considering partnerships or acquisitions [8][9] Historical Context - MySize has evolved from a company without products or revenue to one with operational technology, live customers, and growing revenue [10] - The focus moving forward is on execution rather than reinvention, building on the established platform [11]
MySize Reports Strong Third Quarter 2025 Results With Sequential Revenue Growth and Margin Expansion
Prnewswire· 2025-11-14 14:03
AIRPORT CITY, Israel, Nov. 14, 2025 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ), a global provider of AI-driven sizing solutions, footwear fit-tech, and retail innovation, today reported financial results for the third quarter ended September 30, 2025. MySize's global technology platforms — Naiz Fit, ShoeSize.Me, MySizeID, and Orgad — serve retailers and consumers worldwide. Percentil, the Company's secondhand marketplace, operates across Spain, Italy, Germany, and France. Third Quarter 2025 Financia ...