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My Size reports Q3 revenue $726,000, up 2242% y-o-y

MySize has recorded significant revenue growth from 2021 to 2022. The company’s revenue performance for the third quarter of 2022 showed a giant leap compared to the same period the year prior, with revenue increasing by 2242% to $726,000. Much of this growth can be largely attributed to the acquisition of omnichannel e-commerce platform Orgad in February 2022, which generated $685,000 in revenue during the third quarter of the year. Additionally, MySize’s flagship product, MySizelD, reported revenue growth of 32% to $41,000 over the same period. The Q3 2022 report builds on previous quarters’ results, where MySize also reported tremendous revenue growth. In the second quarter of 2022, revenue increased by 2570% to $801,000 due to revenue generated from the company’s product offerings. These financial results demonstrate a positive trend for MySize’s future growth prospects as the company expects to announce year-end results in the upcoming week with expectations that 2022 revenues will come in at around $4 million to $5 million.

Published first on TheFly

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