공지 • Jan 02
My Size, Inc. to Showcase Retail AI Innovations at NRF 2025 and CES 2025 MySize, Inc. announced its participation in CES 2025 and NRF 2025. The Company will unveil its latest technological advancements that set new industry standards and highlight MySize's position as the dominant innovator in fashion retail technology. Key Innovations to Be Unveiled at NRF 2025 and CES 2025: Ecomm Technologies – Revolutionizing the Online Shopping Experience: MySize will showcase its AI-powered virtual try-on remade solution, integrated with its proprietary Size Recommendations engine. This breakthrough technology will allow customers to: Accurately determine their size for any garment using advanced AI algorithms - Visualize products on themselves before purchase with unprecedented precision This unique innovation aims to redefine e-commerce, and its seamless integration with return management platforms is expected to streamline processes for both brands and consumers. True Feedback – Comprehensive Consumer Insights: At NRF 2025, MySize will present its industry-first community app, designed to provide brands with: Real-time customer feedback on online and offline shopping experiences - AI-powered insights into brand perception - Competitive benchmarking data powered by machine learning. These pioneering insights are designed to empower brands to refine their strategies, improve customer satisfaction, and boost overall performance. Kids AI – Smarter Sizing for Growing Children: MySize will reveal its breakthrough Kids AI solution, which provides precision in size recommendations for children based on proprietary growth pattern algorithms. This first-of-its-kind innovation aims to address a critical gap in the children's wear market, helping parents select garments that fit now and remain wearable for longer. Smart Catalogue – Real-Time Data-Driven Size Optimization: The revolutionary Smart Catalogue will be featured as a transformative solution for updating brand size charts and patterns in real-time. Powered by: Exclusive user data from MySize's Size Form platform - Industry-leading market standards derived from comprehensive surveys. This unique innovation is set to transform return rates, enhance customer satisfaction, and optimize garment design. Naiz Fit Connector – An Open Platform for Industry Innovation. MySize will demonstrate the groundbreaking Naiz Fit platform, which facilitates collaboration with advanced technology providers, such as: Proprietary AI tools for digital photo shoots to reduce production costs - Next-generation 3D garment design tools to streamline product development. 공지 • Nov 05
My Size, Inc., Annual General Meeting, Dec 30, 2024 My Size, Inc., Annual General Meeting, Dec 30, 2024. Location: offices of barnea jaffa lande & co law offices, 58 harakevet st, tel aviv 6777016, Israel 공지 • May 08
My Size Regains Compliance with Nasdaq Minimum Closing Bid Price Rule MySize, Inc. (‘MySize’ or the ‘Company’) 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 $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed. 공지 • Apr 16
My Size Approves 1-for-8 Reverse Stock Split to Regain Compliance with the Continued Listing Requirements of Nasdaq MySize, Inc. (‘MySize’ or the ‘Company’) announced that its board of directors has approved a one-for-eight reverse stock split of its common stock that is scheduled to become effective after trading closes on April 19, 2024. Beginning on April 23, 2024, the Company's common stock will trade on the Nasdaq Capital Market on a split adjusted basis under a new CUSIP number 62844N 406. The Company's common stock will continue to trade on the Nasdaq Capital Market under the symbol ‘MYSZ.’ As previously disclosed, at the My Size Special Meeting of Stockholders held on April 15, 2024, the Company's stockholders approved a proposal authorizing the Company's Board of Directors, among other things, to effect a reverse stock split at a ratio in the range of 1-for-2 and 1-for-15 in order to increase the per share price and bid price of the Company's common stock to regain compliance with the continued listing requirements of Nasdaq and make the common stock more attractive to certain institutional investors, which would provide for a stronger investor base. Reported Earnings • Apr 03
Full year 2023 earnings released: US$2.50 loss per share (vs US$7.47 loss in FY 2022) Full year 2023 results: US$2.50 loss per share (improved from US$7.47 loss in FY 2022). Revenue: US$7.00m (up 57% from FY 2022). Net loss: US$6.38m (loss narrowed 23% from FY 2022). 공지 • Jan 11
MySize, Inc. to Showcase FirstLook Smart Mirror and Digital Sizes Solutions at National Retail Federation's NRF 2024 Retail's Big Show MySize, Inc. announced it will exhibit its suite of products including FirstLook Smart Mirror and its digital sizing solutions, MySizeID and Naiz Fit, at the National Retail Federation's (NRF) NRF 2024 Retail's Big Show which takes place January 14 through 16 at the Jacob K. Javitz Convention Center in New York City. Seen by many in the industry as retail's most important event, NRF 2024's enormous Expo features the latest retail solutions, plus an Innovation Lab and Startup Zone featuring breakthrough technology, Retail's Big Show will introduce attendees to the ideas, people, and partners to get on the fast track to success. Reported Earnings • Nov 18
Third quarter 2023 earnings released: US$0.44 loss per share (vs US$1.98 loss in 3Q 2022) Third quarter 2023 results: US$0.44 loss per share (improved from US$1.98 loss in 3Q 2022). Revenue: US$2.16m (up 197% from 3Q 2022). Net loss: US$1.13m (loss narrowed 44% from 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Asia. 공지 • Nov 15
My Size, Inc., Annual General Meeting, Dec 27, 2023 My Size, Inc., Annual General Meeting, Dec 27, 2023, at 10:00 Israel Standard Time. Location: Company's legal counsel, Barnea Jaffa Lande & Co Law Offices, at 58 HaRakevet St Tel Aviv 6777016 Tel Aviv Israel 공지 • Nov 05
My Size Receives Non-Compliance Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirements Set Forth in Nasdaq Listing Rule 5550(a)(2) for Continued Listing on The Nasdaq Capital Market On November 3, 2023, My Size, Inc. (the ‘Company’) was notified (the ‘Notification Letter’) by the Nasdaq Listing Qualifications (‘Nasdaq’) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notification Letter, the Company no longer meets the minimum bid price requirement. The Notification Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market and, at this time, the common stock will continue to trade on the Nasdaq Capital Market under the symbol ‘MYSZ’. The Notification Letter provides that the Company has 180 calendar days, or until May 1, 2024, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the bid price of the Company’s common stock must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by May 1, 2024, the Company may then be eligible for additional 180 days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second compliance period, then Nasdaq will notify the Company of its determination to delist the Company’s common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse stock split of its outstanding securities, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. 공지 • Nov 03
Mysize's Naiz Fit Launches New Product for $33 Billion Workwear & Uniforms Market MySize, Inc. announced its Spain-based Naiz Fit has launched a new sizing solution product--Naiz Fit Workforce--specifically addressing the needs of the $33 billion global workwear and uniforms market. Based on the Company's AI-driven sizing solutions technology platform, Naiz Fit Workforce solves several challenges and pain points faced by companies who make workwear as well as those who purchase uniforms for their employees. Some of the largest workwear companies in Spain have already become customers benefitting from Naiz Fit Workforce including Santexo, Norvil, Satara Seguridad, and Uniformes Moyua. Naiz Fit has received interest in the new product from numerous other companies across Europe. Traditionally, the workwear industry has been characterized by manual data collection and sizing processes, faster shipment and logistics due to sizing considerations, and inventory/out-of-stock challenges based on size limitations. Naiz Fit Workforce reduces logistics costs, accelerates order fulfillment processes, optimizes sizing at the manufacturing stage, and saves labor costs and time for employees including essential workers such as police and firefighters who can simply fill out an online form, with no need to physically try on a uniform. Naiz Fit Workforce offers flexibility and comfort for employees including: On-demand measuring process 100% online; Self-service kiosks; For any type of garment; Automatic size match; Available for mobile, tablet and desktop; Monitors the number of employees measured and the garments needed; Follow ups to re-measure employees if needed; Data safely gathered. 공지 • Oct 31
My Size, Inc. Revises Revenue Guidance for the Full Year Ended December 31, 2023 My Size, Inc. revised revenue guidance for the full year ended December 31, 2023. The company's previous revenue guidance of between $9 to $10 million for 2023, based on the current revenue run rate and upcoming holiday shopping season, the company expected approximately $8 million in revenues for the 12 months ended December 31, 2023 bringing closer to cash-flow positive. 공지 • Sep 21
Mysize's Naiz Fit Smart Catalogue Uses AI to Solve Major Challenge of Fit in the Jeans Industry MySize, Inc. announced results from a pilot implementation of Smart Catalogue with Naiz Fit's customer, Salsa Jeans, a global apparel brand whose jeans are sold through 190 stores across 40 countries. Smart Catalog is an innovative software-as-a-service (SaaS) based solution that helps fashion designers create patterns that optimize fit, with the aim of reducing unsold items, improving economics for fashion brands and retailers. Inconsistent sizing in the apparel industry is known to lead to higher returns and greater waste, with 40% of women saying they have problems finding the right size. Brands are also challenged in knowing how much of which size to manufacture and stock in each store. Local demographics can significantly impact size demand. Implementing the right data-driven tools may help alleviate a major problem in the apparel industry: 30% of all clothing manufactured is never sold. Salsa Jeans used Smart Catalogue to validate its jeans collection's size consistency across several factors including testing for consistency with a customer's stated size, consistency across Salsa's numerous styles, and across all 6 of the leg cut shapes offered by the brand. A total of 342 tests done were done with 31 patterns on 32 people of different body morphologies matching the brand's target customer of women between 30-50 years of age. AI tools including ChatGPT were used for data capture and analysis of test results and comments. Smart Catalogue determined the need for Salsa Jeans to adjust sizing to optimize size-appropriate fit. patterns with the highest deviation between intended and actual fit were identified. The specific data generated by Smart Catalogue provided suggestions on the corrective actions to be taken. Insights were also provided on which size ranges to offer at different brick and mortar shops based on demographics. This data becomes a valuable asset for Salsa Jeans' future collection and the brand's continued international expansion. Salsa plans to use Smart Catalogue in the future for ecommerce sales to gather more insights and data and to build AI models to help the brand's design department create new collections powered by data. Reported Earnings • Aug 16
Second quarter 2023 earnings released: US$0.53 loss per share (vs US$1.69 loss in 2Q 2022) Second quarter 2023 results: US$0.53 loss per share (improved from US$1.69 loss in 2Q 2022). Revenue: US$1.29m (up 61% from 2Q 2022). Net loss: US$1.29m (loss narrowed 25% from 2Q 2022). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Asia. New Risk • Jun 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$7.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.0m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (141% increase in shares outstanding). Market cap is less than US$10m (₪10.4m market cap, or US$2.86m). 공지 • May 18
My Size, Inc. Reiterates Revenue Guidance for the Year 2023 My Size, Inc. reiterated revenue guidance for the year 2023. to grow. The company reiterated its 2023 revenue guidance of between $9 to $10 million as the company expect revenue momentum in the coming quarters. Reported Earnings • Apr 15
Full year 2022 earnings released: US$7.47 loss per share (vs US$17.75 loss in FY 2021) Full year 2022 results: US$7.47 loss per share (improved from US$17.75 loss in FY 2021). Revenue: US$4.46m (up US$4.33m from FY 2021). Net loss: US$8.31m (loss narrowed 21% from FY 2021). 공지 • Feb 08
MySize, Inc. Receives Notice of Patent Allowance in Canada for AI & Algorithm-Driven Measurement Solution MySize, Inc. announced the Canadian Intellectual Property Office has issued a Notice Allowance for the Company's patent titled "A system for and a method of measuring a path length using a handheld electronic device". This patent encompasses the methods and systems for measuring a body part of a user via a handheld electronic device. MySizeID's proprietary algorithms leverage the smartphone's built-in sensors and fuse the data produced with anthropometric data. As a result, users can enjoy highly accurate sizing information based on their exact measurements. 공지 • Jan 11
My Size, Inc. announced that it expects to receive $1.649999 million in funding My Size, Inc. announced that it has entered into definitive purchase agreements for private placement of 540,098 common shares at an issue price of $3.055 per share for gross proceeds of 1,649,999.39 along with series A and series B warrants on January 10, 2023. The unregistered Series A warrants are exercisable to purchase up to an aggregate of 981,997 shares of common stock and Series B warrants to purchase up to an aggregate of 981,997 shares of common stock. Each series of warrants will have an exercise price $2.805 per share and become exercisable immediately upon issuance. The Series A warrants have a term of five and one-half years from the date of issuance and the Series B warrants have a term of 28 months from the date of issuance. The securities will be issued pursuant to Regulation D. The transaction is expected to close on or about January 12, 2023, subject to the satisfaction of customary closing conditions. 공지 • Dec 28
My Size Regains Compliance with Nasdaq Minimum Closing Bid Price Rule My Size, Inc. reported 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 $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed. Reported Earnings • Nov 20
Third quarter 2022 earnings released: US$0.079 loss per share (vs US$0.13 loss in 3Q 2021) Third quarter 2022 results: US$0.079 loss per share. Revenue: US$726.0k (up US$695.0k from 3Q 2021). Net loss: US$2.03m (flat on 3Q 2021). 공지 • Nov 17
My Size, Inc. Provides Earnings Guidance for the Year 2022 My Size, Inc. provided earnings guidance for the year 2022. The company expects 2022 year-end revenues in the range of $4 million to $5 million. 공지 • Nov 05
My Size, Inc., Annual General Meeting, Dec 07, 2022 My Size, Inc., Annual General Meeting, Dec 07, 2022, at 10:00 Israel Standard Time. Location: Company’s legal counsel Barnea Jaffa Lande & Co Law Offices 58 HaRakevet St., Tel Aviv 6777016, Israel Tel Aviv Israel Agenda: To consider and approve the amendment to the My Size 2017 Equity Incentive Plan to increase the reservation of common stock for issuance thereunder to 7,225,000 shares from 5,770,000 shares; to consider and approve the election of two Class I directors to serve on our board of directors to serve on our board of directors for a term of three years or until his successor is elected and qualified, for which Arik Kaufman and Oren Elmaliah are the nominees; and to consider other matters. 공지 • Oct 13
My Size, Inc. (TASE:MYSZ) acquired Naiz Bespoke Technologies Sl for $500,000 in cash and 6 million shares of MySize common stock. My Size, Inc. (TASE:MYSZ) acquired Naiz Bespoke Technologies Sl for $500,000 in cash and 6 million shares of MySize common stock on October 12, 2022. Under the agreement, MySize is acquiring Naiz Fit for $500,000 in cash and 6 million shares of MySize common stock, and up to an additional $1,550,000 in future cash based on the achievement of performance-based milestones plus a shortfall payment of approximately $450,000 payable in 2026.
My Size, Inc. (TASE:MYSZ) completed the acquisition of Naiz Bespoke Technologies Sl on October 12, 2022. 공지 • Aug 17
My Size, Inc. Reiterates Revenue Guidance for 2022 My Size, Inc. reiterated revenue guidance of at least $5 million for 2022. 공지 • Jul 08
MySize Receives Nasdaq Listing Extension My Size, Inc. announced the receipt of a notice from Nasdaq granting the Company an additional 180 day period, or until January 2, 2023, to meet Nasdaq's minimum $1.00 bid price per share requirement. The Company was first notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive trading days under Nasdaq Listing Rule 5550(a)(2) and 5810(c)(3)(A) on January 3, 2022, and was given until July 5, 2022 to regain compliance. The Company did not regain compliance with the minimum $1 bid price per share requirement during the first 180 calendar day compliance period and submitted written request to the Nasdaq to afford it an additional 180-day compliance period to cure the deficiency. If at any time before January 2, 2023, the bid price of the Company's common stock is at least $1.00 per share for a minimum of 10 consecutive business days, Nasdaq is expected to provide written confirmation of compliance to the Company and the listing compliance matter will be closed. Reported Earnings • May 16
First quarter 2022 earnings released: US$0.088 loss per share (vs US$0.16 loss in 1Q 2021) First quarter 2022 results: US$0.088 loss per share. Net loss: US$2.19m (loss widened 50% from 1Q 2021). 공지 • May 14
My Size, Inc. Reiterates Earnings Guidance for the Year 2022 My Size, Inc. reiterated earnings guidance for the year 2022. The company reiterated 2022 guidance of at least $5 million revenue based on existing business. 공지 • Feb 04
Mysize Inc. Launches Firstlook Smart Mirror, the Ultimate Omnichannel Solution for Retailers My Size, Inc. announced the availability of its FirstLook Smart Mirror, an interactive, mirror-like touch display that provides shoppers in physical stores with an enhanced, online shopping experience and contactless checkout. The MySizeID FirstLook Smart Mirror was introduced and garnered a positive reception recently at the National Retail Federation 2022: Retail's Big Show on January 16-18, 2022 at the Jacob K. Javits Convention Center in New York City. In partnership with GK Software MySize has already integrated the MySizeID solution to coud4retail by GK Software, and now lunched the MySizeID FirstLook Smart Mirror provides an interactive, mirror-like touch display that allows brands to provide in-store customers with an enhanced, online shopping experience, contactless checkout and get the recommended size . GK Software has more than 359,000 installations in over 65 countries, as a major player in the international market for retail solutions. The MySizeID FirstLook Smart Mirror seamlessly fits into any retail environment, whether in the fitting rooms or other high-traffic, strategic locations. Highlight capabilities of the FirstLook Smart Mirror include: 3D "Try-it-on" interactive avatar experience: Life-like, display of an item's exact fit on each customer's body. Personalized and highly accurate size recommendations by MySizeID: Shoppers scan a barcode in-store and receive a size recommendation for the specific apparel item, via their MySizeID profile. Third-party POS systems integration: Access and share data on inventory, sizing, and pricing. Styling recommendations: Provide upsell opportunities with "complete-the-look" styling and apparel recommendations. All based on available inventory and shoppers' preferences. Contactless "select and collect" at the register feature: Selected items are brought to specific POS locations within the store, for a seamless, hassle-free checkout. 공지 • Feb 02
My Size, Inc. Appoints Ezequiel Javier Brandwain as Chief Commercial Officer On January 30, 2022, My Size, Inc. appointed Ezequiel Javier Brandwain to serve as the company’s chief commercial officer, effective as of February 1, 2022. Mr. Brandwain brings more than two decades of global experience in retail and the fashion industry, mainly in business development, operations, and international markets. Before joining the Company, Mr. Brandwain held positions of increasing responsibility at several companies, including between June 2017 and November 2020, at 7 For All Mankind International, where he served as Director, Latin America and Caribbean, managing business development and operations across Latin America and the Caribbean. 공지 • Jan 07
My Size Not in Compliance with Minimum Bid Price Requirements Set Forth in Nasdaq Listing Rule 5550(A)(2) On January 3, 2022, My Size, Inc. (the “Company”) was notified (the “Notification Letter”) by the Nasdaq Listing Qualifications (“Nasdaq”) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notification Letter, the Company no longer meets the minimum bid price requirement. The Notification Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market and, at this time, the common stock will continue to trade on the Nasdaq Capital Market under the symbol “MYSZ”. The Notification Letter provides that the Company has 180 calendar days, or until July 5, 2022, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the bid price of the Company’s common stock must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by July 5, 2022, the Company may then be eligible for additional 180 days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second compliance period, then Nasdaq will notify the Company of its determination to delist the Company’s common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. Reported Earnings • Nov 17
Third quarter 2021 earnings released: US$0.13 loss per share (vs US$0.23 loss in 3Q 2020) Third quarter 2021 results: Net loss: US$2.01m (loss widened 20% from 3Q 2020). Recent Insider Transactions • Nov 11
Insider recently sold ₪389k worth of stock On the 9th of November, Shoshana Zigdon sold around 110k shares on-market at roughly ₪3.54 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₪856k more than they sold in the last 12 months. 공지 • Sep 10
My Size, Inc. Rolls Out New Rewards Program, Offering Perks for Making More Eco-Friendly, Better Fitting Purchases My Size, Inc. announced the addition of a virtual coins feature to its MySizeID widget, available for e-commerce retailers who implement the solution on their sites and apps. Registered MySizeID users can earn redeemable virtual coins by making sustainable and size-accurate purchases from the partnered retailers. After making a purchase using the MySizeID widget, customers earn virtual coins as a thank you for shopping sustainably. The number of coins earned on a MySizeID purchase is measured by eco-metrics -- water saved, landfill waste prevented, emissions avoided -- compared to purchases made not using the widget. Customers can later redeem their earned coins for discounts, promotions, or free items. Using MySizeID, customers can purchase with the confidence that they are buying the right size the first time, drastically reducing return rates. A trusted partner of leading brands including Levi's, Speedo, and Boyish Jeans, as well as e-commerce platforms including Shopify, WooCommerce, Bitrix, LightSpeed and more, MySizeID has been proven to reduce returns by as much as 50%, and increase average order value by as much as 30%. Reported Earnings • Aug 21
Second quarter 2021 earnings released: US$0.33 loss per share (vs US$0.25 loss in 2Q 2020) Second quarter 2021 results: Net loss: US$4.34m (loss widened 233% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 56% per year, which means it is significantly lagging earnings. 공지 • Jul 03
Custodian Ventures Delivers Open Letter To My Size Stockholders On July 1, 2021, Custodian Ventures LLC issued an open letter to My Size stockholders. Custodian Ventures nominated four director candidates for election to the Company's board of directors at the 2021 annual meeting of stockholders because it believed that it is high time that the current board and management be held accountable for, the Company's abysmal stock price and operating underperformance, excessive executive compensation and shameful corporate governance practices to date. Custodian Ventures LLC calls on the board to immediately schedule the 2021 annual meeting and to refrain from any further dilutive issuances designed to entrench the board. 공지 • Jun 18
My Size, Inc. Developing Sizing Solution for Pre Owned Apparel My Size, Inc. announced that it is developing an AI-driven sizing solution specifically for secondhand clothing retailers. The industry-first platform is designed to help online shoppers find their correct size in pre owned apparel, and is intended to provide a full end-to-end solution for merchants to cut down on return rates. Users of the MySize app, which leverages sensors already built into customers' smartphones, can instantly obtain highly accurate clothing sizes in any brand's apparel via their patented algorithm, a unique approach that safeguards user privacy. While browsing secondhand clothing online, customers will be able to find out exactly which size of an item is the ideal fit for them from the comfort of their homes. MySize is a trusted partner of leading brands and e-commerce platforms including Shopify, WooCommerce, Lightspeed, Magento, and more. 공지 • Jun 10
Custodian Ventures Delivers Letter to My Size On June 9, 2021, Custodian Ventures LLC announced that it has delivered an open letter encouraging My Size, Inc. stockholders to unite to end the destruction of stockholder value at the Company and hold the Board of Directors and management accountable at the 2021 annual meeting of stockholders, the date of which will be announced by the Company in the coming weeks. Recent Insider Transactions • Jun 03
Insider recently bought ₪1.1m worth of stock On the 28th of May, David Lazar bought around 250k shares on-market at roughly ₪4.37 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₪1.2m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 16
Insider recently bought ₪154k worth of stock On the 10th of May, David Lazar bought around 816k shares on-market at roughly ₪0.19 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 공지 • May 12
My Size, Inc. Announces Grant of European Patent for Handheld Measurement Tech My Size, Inc. announced the publication of the decision to grant by the European Patent Office for its application, titled: "System for and a method of measuring a path length using a handheld electronic device." The patent issuance paves the way for greater European adoption of MySizeID, which enables shoppers to visualize how clothing will look on them in a much more interactive way, driving engagement and conversions. The patent application encompasses the methods and systems for measuring a body part of a user through a handheld electronic device. MySizeID's proprietary algorithms leverage the smartphone's built-in sensors and fuse the data produced with anthropometric data. The result is that customers enjoy highly accurate sizing information based on the users' exact measurements. With this latest patent, MySize has twelve total issued patents and six patent applications pending globally. 공지 • May 07
MySize to Provide Unparalleled Avatar Try-On Experience for Online Apparel Shoppers My Size, Inc. announced the launch of an industry-first avatar solution that mirrors online shoppers' bodies for virtual, gamified try-on experience. Shoppers can now visualize how clothing will look on them in a much more interactive way, driving engagement and conversions. MySizeID, which leverages sensors already built into customers' smartphones, allows customers to purchase clothing knowing they will get the perfect fit every time. Adding an avatar paired with MySize's highly accurate sizing strengthens the shopping experience even further by providing customers with a big picture overview of exactly how the apparel they are purchasing will fit. This combination of highly accurate sizing and visual comprehension means that customers are far more likely to order the correct size, leaving them with positive feelings towards the retailers, fostering loyalty, and preemptively stopping returns. The new release marks an important milestone in the gamification of the retail shopping process. By combining highly accurate sizing with avatar technology, the customer not only receives valuable information about how clothing will fit, but gets to turn that information into an interactive experience that adjusts with the customer. The avatar allows customers to experience an engaging fitting process without providing any personal photos to obtain their size. Reported Earnings • Mar 30
Full year 2020 earnings released: US$1.11 loss per share (vs US$2.75 loss in FY 2019) Full year 2020 results: Net loss: US$6.16m (loss widened 12% from FY 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings. 공지 • Mar 10
My Size, Inc. Launches SDK Solution Targeting E-Commerce Market with Fully-Customizable Plugin My Size, Inc. announced the launch of their MySizeID E-Commerce Plugin SDK. The SDK enables e-commerce companies to easily create a MySizeID plugin and share it with their customers (online store owners) over their app marketplace. The plugin gives business owners the ability to provide their shoppers the right size for any item every time. MySize's E-commerce SDK solution provides a critical starting point that spares companies from building custom solutions from scratch, taking the burden off of support and research and development teams. By providing developers with a solid base, companies can create the best solutions for themselves in a more time-efficient and cost-effective manner. Users of MySize's E-commerce SDK Solution can upload their size charts and easily integrate MySizeID's size recommendation widget into their online store. The sizing solutions created also provide retailers with valuable insights that strengthen the company's bottom line via a better understanding of its customers. Is New 90 Day High Low • Feb 10
New 90-day high: ₪5.72 The company is up 67% from its price of ₪3.42 on 11 November 2020. The Israeli market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 13% over the same period. 공지 • Jan 22
Datalogic Partners With MySize, Expanding the Availability of the Deliver Solution BoxSize™ MySize, Inc. announced its partnership with Datalogic. The partnership makes MySize's BoxSize measurement solution available to thousands of Datalogic customers in the Transportation and Logistics vertical. The partnership comes as e-commerce growth for the past year is forecasted at 40% and climbed to 21% of overall sales. Logistics operations are facing a rapidly shifting market and must adapt quickly in order to increase efficiency, cut costs, and differentiate themselves from the competition. BoxSize will enable Datalogic customers to do just that, by providing them the ability to quickly measure packages and at the same time calculate costs using their Datalogic mobile terminals in combination with BoxSize. The result is a seamless pickup process that saves time, eliminates hidden charges, and ensures a better customer experience. BoxSize streamlines delivery management via accurate parcel measurement and cost calculation. The solution also provides real time dimensional weight (DIM) details and integration with enterprise resource planning (ERP) systems through barcode scan, image capture, and geo-location. The result for delivery services is an efficient alignment with the number of distribution vehicles that cuts costs. For consumers, BoxSize can be utilized to measure the volume of a package they intend to mail, and then receive a price quote and schedule a pick-up. Is New 90 Day High Low • Dec 30
New 90-day high: ₪4.64 The company is up 33% from its price of ₪3.50 on 01 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 17% over the same period. 공지 • Dec 23
My Size, Inc to Add Highly Accurate Online Footwear Sizing to Ecommerce Solution My Size, Inc. announced the planned launch of its e-commerce shoe sizing solution, based on the company's highly accurate, AI-driven sizing solution. The footwear measurement solution can be easily integrated with all leading e-commerce platforms and is expected to be available in first quarter of 2021. The MySize footwear sizing solution is easy to implement and is 'plug and play' with leading e-commerce platforms Shopify, WooCommerce, Lightspeed, Magento and more. By pairing a footwear retail's product table, GTIN, description, and other relevant details with MySize's AI-driven and machine learning algorithms online shoppers will be presented with a highly accurate size recommendation, which is expected to increase confidence, and, reduce returns. Is New 90 Day High Low • Nov 25
New 90-day high: ₪3.90 The company is up 7.0% from its price of ₪3.65 on 27 August 2020. The Israeli market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is up 2.0% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: US$0.23 loss per share Third quarter 2020 results: Net loss: US$1.67m (loss widened 24% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. 공지 • Oct 06
My Size, Inc. Launches Custom Clothing Made-to-Measure Feature for MySizeID My Size, Inc. announced that it has launched a new Made-to-Measure (M2M) feature for MySizeID. The M2M feature will allow retailers to receive their customers' body measurements instead of a size in order to make custom-made clothing. MySizeID is a size-recommendation tool based on shoppers' personal body measurements, taken with their smartphone sensors without using the camera. The MySizeID turnkey solution can help retail companies to reduce costs and enhance shopper experience by providing a more efficient sizing solution for consumers. 공지 • Sep 22
My Size, Inc. Integrating Mysizeid into E-Commerce Platform of Tricorp My Size, Inc. announced that Tricorp is integrating the MySizeID widget into their e-commerce platform with a goal to increase conversions and decrease returns. Tricorp is also offering MySizeID to their distributors, as a contactless solution for fitting sessions amidst the COVID-19 pandemic.