Breaking Down My Size, Inc. (MYSZ) Financial Health: Key Insights for Investors

Are you keeping a close watch on My Size, Inc. (MYSZ) and wondering about its financial stability? Recent data presents a mixed bag, with both encouraging signs and potential concerns for investors. In 2024, the company reported an impressive 18% year-over-year revenue increase, reaching $8.26 million, and a significant boost in cash and equivalents, swelling by 123% to $4.88 million. However, a reported drop in cash flow of $782,000 and a net loss of $3.99 million also warrant attention. With the stock hitting a 52-week low of $1.05 in early April 2025, is this a buying opportunity or a sign of deeper challenges? Let's delve into the key financial insights that can help you make an informed decision.

My Size, Inc. (MYSZ) Revenue Analysis

Understanding My Size, Inc.'s financial health requires a detailed look at its revenue streams. The company operates with a diversified approach, leveraging both SaaS (Naiz Fit) and e-commerce (Orgad) to generate revenue, providing multiple growth opportunities.

Here's a breakdown of My Size, Inc.'s revenue streams:

• Primary Revenue Sources: My Size, Inc. generates revenue primarily through its AI-driven sizing solutions (Naiz Fit) and its e-commerce platform (Orgad).
• Naiz Fit: This SaaS platform provides AI-driven sizing solutions to fashion brands, helping them reduce returns and improve conversion rates.
• Orgad: The e-commerce platform contributes to revenue through online retail, utilizing AI-driven merchandising across various digital marketplaces, including Amazon.

In 2024, My Size, Inc. demonstrated significant financial progress:

• Revenue Growth: Total revenue increased by 18%, reaching $8.26 million compared to $7.00 million in 2023.
• Net Loss Reduction: The company reduced its net loss by 37%, bringing it down to $3.99 million in 2024 from $6.38 million in 2023.
• Cash Position: Cash and cash equivalents more than doubled, showing a 123% increase to $4.88 million from $2.19 million.
• Shareholders' Equity: Increased by 46% to $6.91 million.

My Size, Inc. anticipates continued growth, with a projected revenue of $15 million by 2025.

The company's operational highlights for 2024 include:

• Naiz Fit Adoption: Over 100 fashion brands have adopted My Size's AI sizing platform, utilizing modules like Smart Catalog, True Feedback, and First Look Smart Mirror.
• Technology Ecosystem Expansion: Integrations with major platforms like Shopify, Magento, and Salesforce have been deepened.

The following table summarizes key financial data for My Size, Inc. in 2024:

For more insights into My Size, Inc.'s mission, vision, and core values, visit: Mission Statement, Vision, & Core Values of My Size, Inc. (MYSZ).

My Size, Inc. (MYSZ) Profitability Metrics

Understanding My Size, Inc.'s profitability involves examining several key metrics, including gross profit, operating profit, and net profit margins. These figures provide insights into the company's efficiency in generating earnings compared to its revenue and offer a clear picture of its financial health.

For the fiscal year 2024, My Size, Inc. reported a gross profit of $2,249,000. This figure represents the revenue remaining after deducting the cost of goods sold. The gross profit margin for the same period stood at 47.8%. This percentage indicates the proportion of revenue that exceeds the cost of goods sold, highlighting the company's efficiency in managing production costs.

Operating profit offers a deeper look into profitability by accounting for operating expenses. My Size, Inc.'s operating loss for 2024 was $3,955,000. When expressed as a percentage of revenue, the operating margin was -84.0%, reflecting the challenges the company faces in covering its operating costs.

Net profit margin is a critical indicator of overall profitability, showing the percentage of revenue that translates into profit after all expenses, including taxes and interest, are considered. In 2024, My Size, Inc. recorded a net loss of $4,047,000, resulting in a net profit margin of -86.0%. This negative margin indicates that the company's total expenses exceeded its revenue for the year.

Here's a summary of My Size, Inc.'s profitability metrics for 2024:

Analyzing these figures over time provides valuable context. For instance, comparing 2024's gross profit margin of 47.8% to the 54.9% reported in 2023 indicates a decrease in the company's efficiency in managing its cost of goods sold. Similarly, the operating margin decreased from -46.8% in 2023 to -84.0% in 2024, highlighting increasing challenges in managing operating expenses. The net profit margin also saw a decline from -47.2% in 2023 to -86.0% in 2024.

Operational efficiency is crucial for understanding these trends. Effective cost management and strategies to improve gross margins can positively impact overall profitability. Investors should monitor these trends to assess the company's ability to improve its financial performance.

For additional insights into My Size, Inc., explore Exploring My Size, Inc. (MYSZ) Investor Profile: Who’s Buying and Why?

My Size, Inc. (MYSZ) Debt vs. Equity Structure

Understanding how My Size, Inc. (MYSZ) finances its operations and growth is crucial for investors. This involves analyzing the company's debt levels, its debt-to-equity ratio, and how it strategically uses both debt and equity to fund its activities.

Here's a breakdown of My Size, Inc.'s debt levels:

• Long-Term Debt: As of December 31, 2023, My Size, Inc. had $2.7 million in long-term debt.
• Short-Term Debt: The company's short-term debt stood at approximately $0.4 million as of December 31, 2023.

The debt-to-equity ratio is a key metric for evaluating a company's financial leverage. As of December 31, 2023, My Size, Inc.'s debt-to-equity ratio can be calculated using the total liabilities and total equity from their balance sheet. The total liabilities were $5.1 million and the total equity was $2.2 million. This results in a debt-to-equity ratio of approximately 2.32. This ratio indicates the extent to which the company is using debt to finance its assets relative to the value of shareholders' equity. When compared to industry standards, it’s important to consider the specific sector in which My Size, Inc. operates to determine if this ratio is high or low.

Recent financial activities provide insights into My Size, Inc.'s financing strategies. For instance, in 2023, the company received $2.4 million in gross proceeds from warrant exercises. Additionally, they completed a public offering, generating net proceeds of about $7.1 million after deducting commissions and offering expenses. These activities show how My Size, Inc. strategically uses equity to strengthen its financial position.

My Size, Inc. strategically balances debt and equity financing to support its growth initiatives. While debt can provide necessary capital, equity financing helps maintain a healthier balance sheet and reduces financial risk. The company's approach involves carefully managing its debt levels while also leveraging equity markets to fund operations and expansion.

For more insights into My Size, Inc.'s core values and strategic direction, refer to Mission Statement, Vision, & Core Values of My Size, Inc. (MYSZ).

My Size, Inc. (MYSZ) Liquidity and Solvency

When evaluating a company's financial health, liquidity and solvency are critical aspects to consider. Liquidity refers to the ability of a company to meet its short-term obligations, while solvency assesses its ability to meet long-term liabilities. For My Size, Inc. (MYSZ), a review of key financial ratios and cash flow trends provides insights into its financial stability.

Assessing My Size, Inc.'s Liquidity:

• Current and Quick Ratios:

As of December 2024, My Size, Inc. exhibits a current ratio of 3.03. A current ratio of greater than 1 indicates that the company has more current assets than current liabilities, suggesting a strong ability to cover its short-term obligations. The quick ratio, also known as the acid-test ratio, was 1.95 as of April 2024 and 1.98 according to another source. This ratio excludes inventories from current assets to provide a more conservative view of liquidity, and MYSZ's quick ratio suggests it has sufficient liquid assets to cover its immediate liabilities.

• Analysis of Working Capital Trends:

The change in working capital for the fiscal year that ended in December 2024 was -$0.47 million. Working capital is a measure of a company's short-term liquidity, calculated as the difference between current assets and current liabilities. A negative change indicates a decrease in working capital, which could be a potential concern if it signals difficulties in managing short-term assets and liabilities.

• Cash Flow Statements Overview:

An overview of cash flow statements reveals the trends in operating, investing, and financing activities:

My Size, Inc. significantly improved its cash position in 2024. Cash and cash equivalents more than doubled to $4.88 million, up from $2.19 million in the previous year. This substantial increase indicates a strengthening of the company's liquidity.

• Cash Flow Statement Trends:

Here's a summary of My Size, Inc.'s cash flow trends based on available information for the year 2024:

My Size, Inc. reported strong financial results for FY2024, with total revenue increasing 18% to $8.26 million compared to $7.00 million in 2023. The company significantly improved its financial position, with cash and cash equivalents more than doubling to $4.88 million, up from $2.19 million. Key financial metrics show substantial improvement, including a 37% reduction in net loss to $3.99 million and a 46% increase in shareholders' equity to $6.91 million.

• Potential Liquidity Concerns or Strengths:

Strengths:

• Increased Revenue: Total revenue increased by 18%, reaching $8.26 million in 2024.
• Improved Cash Position: Cash and cash equivalents more than doubled to $4.88 million.
• Reduced Net Loss: Net loss decreased by 37% to $3.99 million.
• Increased Shareholders' Equity: Shareholders' equity increased by 46% to $6.91 million.

Concerns:

• Negative Working Capital: Although improving, the company still needs to ensure efficient management of its current assets and liabilities to maintain healthy liquidity.

In conclusion, My Size, Inc. demonstrates a mixed financial profile. The company's improved cash position and reduced net losses signal positive momentum. Prudent financial management and strategic initiatives will be essential to sustain and enhance its financial health.

To gain further insights into My Size, Inc.'s strategic direction, explore Mission Statement, Vision, & Core Values of My Size, Inc. (MYSZ).

My Size, Inc. (MYSZ) Valuation Analysis

Determining whether My Size, Inc. (MYSZ) is overvalued or undervalued requires a multifaceted approach, incorporating key financial ratios, stock performance analysis, and analyst opinions. Here's a breakdown of essential valuation metrics:

Price-to-Earnings (P/E), Price-to-Book (P/B), and Enterprise Value-to-EBITDA (EV/EBITDA) Ratios:

• P/E Ratio: As of April 2025, a traditional P/E ratio might not be the most relevant metric for My Size, Inc., especially if the company has inconsistent earnings or losses. Investors should look for alternative metrics if earnings are unstable.
• P/B Ratio: The Price-to-Book ratio can offer insights into how the market values My Size, Inc.'s net asset value.
• EV/EBITDA: The Enterprise Value-to-EBITDA ratio provides a clearer picture of overall company valuation, factoring in debt and operating performance.

Stock Price Trends:

• Reviewing the stock price trends over the last 12 months, or longer, is crucial. This analysis should consider overall market conditions, sector-specific trends, and company-specific news.
• Significant price fluctuations may reflect market sentiment or specific events impacting My Size, Inc.

Dividend Yield and Payout Ratios:

• As of April 2025, My Size, Inc. does not offer dividends. Therefore, dividend yield and payout ratios are not applicable in assessing its valuation.

Analyst Consensus:

• Keep an eye on analyst ratings (buy, hold, or sell) and price targets from financial analysts. These ratings represent collective insights from experts who closely monitor My Size, Inc.'s performance and industry outlook.
• Note that analyst opinions can vary, and it's essential to consider the source and rationale behind their recommendations.

For additional insights, consider exploring Breaking Down My Size, Inc. (MYSZ) Financial Health: Key Insights for Investors.

My Size, Inc. (MYSZ) Risk Factors

Investing in My Size, Inc. (MYSZ) involves navigating a landscape of both internal and external risks that could significantly impact its financial health. These risks span from industry competition and regulatory changes to market conditions, and understanding them is crucial for making informed investment decisions. Here's a breakdown of key risk areas:

• Industry Competition: The market for AI-driven sizing solutions and e-commerce platforms is competitive. New entrants and established players could challenge My Size, Inc.'s market position.
• Regulatory Changes: Changes in regulations related to e-commerce, data privacy, or AI technology could adversely affect the company's operations and financial performance.
• Market Conditions: Fluctuations in the broader economic environment or shifts in consumer spending habits could impact demand for My Size, Inc.'s products and services.

Recent earnings reports and filings highlight several operational, financial, and strategic risks:

• Cash Flow Reduction: A recent report indicated a drop in cash flow of $782,000, raising concerns about short-term financial stability.
• Net Losses: Despite revenue growth, the company reported a net loss of $3.99 million for FY2024, although this was a 37% reduction compared to the previous year.
• Volatility: Stock movements have shown volatility, indicating active trading and potential risk for investors seeking stable returns.
• Execution Risks: As a small company, My Size, Inc. faces execution risks related to its M&A strategy and European expansion plans.

However, My Size, Inc. is actively pursuing mitigation strategies to address these risks:

• Strategic Acquisitions: Exploring mergers and acquisitions to enhance growth and scale operations, focusing on companies aligned with their AI-based measurement solutions and e-commerce platforms.
• European Expansion: Expanding the Orgad e-commerce platform from North America to Europe, following certification as a supplier for a major European retailer.
• Cost Savings and Cash Flow Management: Focusing on operational cost savings and efficient cash flow management to strengthen the investment case.
• Technological Integrations: Expanding its technology ecosystem through integrations with major platforms like Shopify, Magento, and Salesforce.

Here's a summary of My Size, Inc.'s financial performance in 2024:

Despite the challenges, My Size, Inc. demonstrates resilience through revenue growth, improved financial metrics, and strategic initiatives. Investors should weigh these risks against the potential rewards, considering the company's innovative technology and market opportunities.

For further insights into the investors behind My Size, Inc. (MYSZ), explore: Exploring My Size, Inc. (MYSZ) Investor Profile: Who’s Buying and Why?

My Size, Inc. (MYSZ) Growth Opportunities

My Size, Inc. (MYSZ) is strategically positioned for future growth, driven by several key factors. The company's focus on AI-driven sizing solutions and omnichannel e-commerce platforms, including MySizeID and Naiz Fit, is designed to enhance customer experiences, reduce operational costs and drive revenue growth for its business clients worldwide. Mission Statement, Vision, & Core Values of My Size, Inc. (MYSZ).

Key growth drivers:

• Product Innovations: My Size, Inc. is dedicated to advancing its technology through R&D, with $3.2 million invested in mobile measurement technologies in 2023. The company holds 17 active patents related to sizing technologies, demonstrating its commitment to innovation.
• Market Expansions: My Size, Inc.'s e-commerce platform, Orgad, is strategically expanding from North America to Europe, following certification as a supplier for a major European retailer. This expansion taps into one of the world's largest retail markets, offering significant growth potential.
• Acquisitions: My Size, Inc. is actively exploring mergers and acquisitions to enhance growth and scale operations, focusing on companies aligned with its AI-driven sizing solutions and e-commerce platforms.

Future revenue growth projections and earnings estimates:

My Size, Inc. anticipates strong revenue growth in the coming years.

• The company expects to close 2024 with $8.5 million in revenue, representing a 23% year-over-year growth.
• Projections for 2025 target $15 million in revenue.

Financial analysts are optimistic about My Size, Inc.'s potential.

• One analyst has given MYSZ stock a 'Strong Buy' rating, with a 12-month stock price forecast of $3.0, which represents a 102.70% upside.
• The average one-year price target for My Size, Inc. is $3.06, with forecasts ranging from $3.03 to $3.15.

Strategic initiatives and partnerships:

Strategic initiatives and partnerships are crucial to My Size, Inc.'s growth strategy:

• Strategic Partnerships: My Size, Inc. has established partnerships with 3D scanning technology providers such as Size Stream LLC and Artec 3D.
• Collaboration with E-commerce Platforms and Retailers: The company has collaborations with e-commerce platforms like Amazon Fashion, Shopify, and Zalando.
• Technology Licensing Agreements: Licensing agreements are in place with fashion and apparel brands like Calvin Klein and Ralph Lauren.
• Research Partnerships: My Size, Inc. has research collaborations with institutions like MIT, FIT, and Imperial College London.
• Integrated Virtual Try-On Solution: My Size, Inc. launched an Integrated Virtual Try-On Solution, combining Naiz Fit's sizing technology with Aiuta's virtual try-on capabilities. This solution can increase conversion rates by up to 40% and reduce return rates by approximately 20%.

Competitive advantages:

My Size, Inc. possesses several competitive advantages that position it for growth:

• AI-Driven Technology: The company's AI-driven sizing solutions, including MySizeID and Naiz Fit, provide accurate size recommendations and virtual try-on features, enhancing customer experience and reducing return rates.
• Proprietary Technology: My Size, Inc. has developed a proprietary digital measurement technology called SIZE ID, which enables precise body measurements through smartphone applications.
• Patented Sizing Solutions: The company has secured multiple patents protecting its innovative measurement technology.
• Financial Performance: In 2024, My Size, Inc.'s revenue was $8.26 million, an increase of 18.02% compared to the previous year. Cash and cash equivalents increased 123% to $4.88 million, and shareholders' equity rose 46% to $6.91 million.

My Size, Inc. is focused on expanding Orgad's capabilities, pursuing strategic M&A opportunities, advancing technology development, and scaling sales and market expansion.

These initiatives are expected to drive higher revenues and market share, strengthen the company's financial backbone, and support its ambitious milestones for 2025.