Intel stock extends gains after report of possible U.S. government stake
AIRPORT CITY, Israel - MySize, Inc. (NASDAQ:MYSZ), an AI-powered retail solutions company with a current market capitalization of $3.72 million, announced a strategic pivot from being primarily a sizing company to becoming a comprehensive retail intelligence provider for the fashion industry, according to a shareholder update issued Thursday by founder and CEO Ronen Luzon. InvestingPro analysis suggests the stock is currently trading below its Fair Value, indicating potential upside opportunity.
The company has integrated three acquisitions - Naiz Fit, Orgad, and most recently Percentil - to create what it calls a "Retail Intelligence Engine" that helps fashion brands recommend correct sizing, analyze product performance, monetize overstock, and comply with regulations.
"We’re turning fragmented data into intelligent action," Luzon stated in the press release. The company reports it has accumulated user profiles, product measurements, purchase behaviors, and fit preferences that power its new LLM-based assistant tool for clients.
Despite ongoing investments in AI, integration, and automation, MySize claims to have maintained financial discipline with "runway through 2027" according to its current plans, though the CEO acknowledged that margins "remain negative today." The company maintains a healthy current ratio of 3.02, with InvestingPro data showing revenue of $6.75 million in the last twelve months. Subscribers to InvestingPro can access 11 additional key financial insights about MySize’s performance and outlook.
The company plans to publish its Q2 2025 financial statements this month with detailed updates on revenues and growth across each business unit.
MySize positions itself to address industry challenges including regulations, returns, resale, and relevance, though the stock has faced significant headwinds with a 71.9% decline year-to-date. The company’s statement contains forward-looking projections that involve significant risks and uncertainties, as noted in its cautionary disclaimer. For detailed analysis of MySize’s financial health and growth prospects, investors can access comprehensive metrics and expert insights through InvestingPro.
The information in this article is based on a company press release statement.
In other recent news, My Size Inc. has reported several significant developments. The company successfully launched a pilot program for NaizGPT, an AI-powered conversational assistant designed to enhance data analysis for retail teams. This new technology allows e-commerce professionals to interact with sizing and returns data using natural language, which has already shown strong user engagement. Additionally, My Size has appointed Borja Cembrero Saralegui as the new Chief Growth Officer. Saralegui, with his experience in scaling AI-powered sizing solutions, is expected to lead the company’s international expansion and explore merger and acquisition opportunities.
Moreover, My Size has acquired key assets of Percentil, a second-hand fashion marketplace, through its subsidiary New Percentil, S.L. This acquisition aims to reposition the platform to meet upcoming EU regulatory requirements and offer a premium re-commerce experience. As part of this acquisition, My Size has gained a central warehouse, an AI-powered pricing engine, and over 120,000 quality-vetted garments. These strategic moves are part of My Size’s broader strategy to build a profitable and sustainable circular fashion business.
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