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MySize Reports Strong Third Quarter 2025 Results With Sequential Revenue Growth and Margin Expansion
Prnewswire· 2025-11-14 14:03
Core Insights - MySize, Inc. reported a strong financial performance for Q3 2025, with a sequential revenue growth of 26% and a narrowing of net losses to $2.8 million from $3.4 million in the previous year [5][8]. Financial Highlights - Revenue reached $2.6 million, marking a 26% increase sequentially from Q2 2025 [8]. - Gross profit was $1.0 million, reflecting a 27% year-over-year increase [8]. - Operating loss improved to $3.0 million, a 9% reduction year over year [8]. - Cash and equivalents stood at $4.5 million as of September 30, 2025 [8]. Operational Highlights - Percentil, the secondhand marketplace, showed strong performance across Spain, Italy, Germany, and France, adding new wholesale partners and expanding direct-to-consumer sales [3]. - Naiz Fit experienced over 25% year-to-date SaaS revenue growth, driven by new client deployments and renewals [4]. - The integration of ShoeSize.Me with Naiz Fit and MySizeID created a unified sizing intelligence engine for apparel and footwear clients [3]. Management Commentary - The CEO of MySize highlighted Q3 as a solid execution quarter with sequential revenue growth, stronger margins, and continued narrowing of losses, positioning the company for ongoing momentum into Q4 and 2026 [5]. Outlook - The company anticipates continued sequential growth in Q4, driven by the scaling of Percentil, expansion of Naiz Fit's SaaS, and integration benefits from ShoeSize.Me [5].
MySize CEO Letter to Shareholders - Mid-Year 2025
Prnewswire· 2025-08-07 13:00
Core Insights - MySize is transitioning from a sizing company to a comprehensive Retail Intelligence Engine for fashion retail, aiming to empower brands through a connected ecosystem [2][11] - The company has strategically acquired Naiz Fit, Orgad, and Percentil to enhance its platform and create exponential value through integration [4][8] - MySize has accumulated a rich dataset that enables clients to make informed decisions, thereby reducing returns and optimizing product performance [6][11] Business Strategy - The company is focused on executing its new business strategy in 2025 after laying the groundwork in 2024 [1] - MySize emphasizes a disciplined approach to investment in AI, integration, and automation while maintaining a strong financial runway through 2027 [9][10] - The company operates with a lean structure, allowing each unit to contribute to revenue and learn from one another [10] Market Position - The apparel industry is undergoing significant transformation, with regulation, returns, resale, and relevance shaping its future [10][11] - MySize is positioned to play a pivotal role in this evolution by providing intelligent, sustainable, and profitable solutions for brands [11] - The company believes that controlling the intelligence layer in retail will allow it to manage the flow of information and resources effectively [11]