My Size, Inc. Reports 11% Revenue Decline for Nine Months Ending September 30, 2025

My Size, Inc. reported its financial results for the nine months ending September 30, 2025, revealing a total revenue of $6.06 million, a decrease of 11% from $6.80 million in the same period of 2024. The company attributed this decline primarily to reduced sales from its subsidiary Orgad. However, the third quarter of 2025 showed a significant increase in revenue, reaching $2.57 million compared to $1.84 million in the third quarter of 2024, largely due to the inclusion of New Percentil in the consolidated financials.

The company's cost of revenues for the nine-month period decreased to $3.50 million from $3.83 million year-over-year, reflecting a shift to Amazon's fulfillment services. In contrast, the cost of revenues for the third quarter increased to $1.56 million from $1.05 million, driven by the consolidation of New Percentil and ShoeSizeMe. My Size's gross profit for the nine months was $2.55 million, down from $2.97 million, while the gross profit for the third quarter rose to $1.01 million from $0.79 million.

Operating expenses for the nine months totaled $5.56 million, a reduction from $6.23 million in the previous year, with notable decreases in sales and marketing expenses. However, the company recorded a goodwill impairment charge of $144,000 during this period. The net loss for the nine months was $2.85 million, an improvement from a loss of $3.28 million in the prior year. For the third quarter, the net loss was $1.34 million, slightly higher than the $1.30 million loss reported in the same quarter of 2024.

Strategically, My Size has expanded its operations through acquisitions, including the purchase of ShoeSizeMe in September 2025 and the acquisition of New Percentil in May 2025. These acquisitions are expected to enhance the company's offerings in the apparel e-commerce market and improve its technology solutions. The company has also increased its share count significantly, with 3.85 million shares outstanding as of September 30, 2025, compared to 2.04 million at the end of 2024, following a successful At The Market Offering that raised approximately $2.85 million.

Looking ahead, My Size's management expressed concerns regarding its ability to continue as a going concern, citing the need for additional capital to fund operations and growth initiatives. The company anticipates ongoing losses and negative cash flows, emphasizing the importance of securing financing through equity sales or strategic partnerships. The geopolitical situation in Israel and broader economic conditions may also impact the company's future performance.