My Size Q2 2024 Earnings Report

My Size EPS Results

• Actual EPS: -$1.28
• Consensus EPS: -$2.43
• Beat/Miss: Beat by +$1.15
• One Year Ago EPS: N/A

My Size Revenue Results

• Actual Revenue: $1.98 million
• Expected Revenue: $2.00 million
• Beat/Miss: Missed by -$20.00 thousand
• YoY Revenue Growth: N/A

My Size Announcement Details

• Quarter: Q2 2024
• Date: 8/12/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

My Size (NASDAQ:MYSZ) (NASDAQ: MYSZ) is a technology company specializing in mobile measurement and dimensioning solutions designed to optimize online shopping and logistics operations. Leveraging proprietary algorithms and smartphone sensors, the company enables consumers to obtain accurate body measurements and apparel fit recommendations, while also providing carriers and warehouses with automated package dimensioning systems. By addressing pain points related to e-commerce returns and shipping inefficiencies, My Size aims to drive cost savings and improve customer satisfaction across the retail and delivery ecosystems.

The company’s flagship offering, MySizeID™, is a mobile application and software development kit (SDK) that integrates with e-commerce platforms to guide shoppers to the correct garment size. This solution combines machine learning with patent-pending measurement technology to reduce size-related returns and enhance personalized shopping experiences. On the logistics front, My Size markets a suite of dimensioning products—often referred to as SkyDriver™ and SkySensing™—that employ 3D scanning and AI analytics to automatically capture package dimensions and streamline parcel processing in distribution centers and last-mile delivery vehicles.

Headquartered in New York with research and development facilities in Israel, My Size serves a global client base that includes online retailers, brands, carriers and third-party logistics providers. In July 2021, the company began trading on the Nasdaq Capital Market under the ticker symbol MYSZ following the completion of a business combination. My Size continues to expand its reach through strategic partnerships and technology integrations aimed at reducing operational costs and enhancing user experiences in both the apparel and logistics sectors.