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Low Float (Nasdaq: MYSZ) Drops Incredible Revenue News, Currently Up Approx. 113%
December 27th Dear Reader,
Let's get straight to it. (Nasdaq: MYSZ) is on a tear this morning.
Up approximately 113%, MYSZ is hot off of some serious breaking news this morning.
Take a look:
MySize present year over year growth, 2025 targets $15Mn Revenue, Anticipates Strong 2024 Finish close to 100% Growth from 2022
Strong Revenue Growth, Strategic Market Expansion, M&A strategy and Cutting-Edge Technology Set the Stage for Continued Success
AIRPORT CITY, Israel, Dec. 27, 2024 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) ("MySize" or the "Company"), a global leader in AI-driven sizing solutions and omnichannel e-commerce platforms, today shared its annual shareholder update. The update highlights robust revenue growth, strategic geographic expansion, transformative technological advancements, and plans to explore M&A opp's within the Company's core industries.
Delivering on Growth and Performance
MySize anticipates closing 2024 with $8.5Mn in revenue, reflecting a 23% year-over-year growth. MySize believes that this momentum, fueled by advancements in technology and market expansion of Orgad, potentially positions the Company to achieve a projected $15Mn in revenue by 2025 based on current market conditions. Moreover, the Company believes that it will be able to achieve further significant operational cost savings that will enhance a flexibility in cash flow management and provide the foundation for continued strategic in-vest-ment and growth.
"Our preliminary financial results highlight Orgad's pivotal role in driving our revenue growth. By optimizing operational efficiency and capitalizing on strategic market expansions, Orgad demonstrates its capacity to deliver strong performance while providing the flexibility needed to pursue ambitious targets," said Ronen Luzon, Founder and CEO of MySize. "2024 has proven that our strategy is not just ambitious, but highly effective, and we believe that it lays the groundwork for sustainable growth."
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Read the full article here.
Remember. This is a low float profile with under 1Mn shares in its float according to Yahoo Finance.
That means volatility potential could be massive today!
Take a moment to review my initial report below and then consider (Nasdaq: MYSZ) for your radar. -----
Right now, I'm watching several profiles trading on the Nasdaq oozing with low float volatility potential.
But one in particular (float under 1Mn shares) is starting to pique my interest for radar consideration.
And looking even closer at its triggered technical indicators and an explosive chart history, this Nasdaq profile may in fact soon rocket to the top of my watchlist.
For Friday, consider putting this breakout idea on your radar:
*My Size, Inc. (Nasdaq: MYSZ)*
MySize, Inc. is an omnichannel e-commerce platform and provider of AI-driven measurement solutions including MySizeID and recently acquired Naiz Fit to drive revenue growth and reduce costs for its business clients.
Orgad, its online retailer platform, has expertise in e-commerce, supply chain, and technology operating as a third-party seller on Amazon.com and other sites.
And based on several potential catalysts, MYSZ has sprinted up my watchlist in the near term. Take a look:
No. 1 - A Low Float Provides The Potential For Explosive Volatility.
No. 2 - Company's Subsidiary, Naiz Fit, Integrates AI Into Its Services Setting New Standard For Shopping.
No. 3 - Multiple Bullish Technical Indicators Could Be Signaling Something Special Brewing For MYSZ.
No. 4 - After Pulling Back From Its 52-Week High, Key Chart Support Could Be Strengthening At 3 Important Levels.
But more on those in a second...
Artificial Intelligence (AI) Market Poised for Explosive Growth, Expected to Reach $1.6Tn by 2030
Industries spanning automotive, healthcare, retail, finance, and manufacturing are embracing artificial intelligence as a central element of their operations. Tech giants are driving this transformation through substantial in-vest-ments in research and development. For instance, Intel Corporation’s acquisition of Cnvrg.io, an Israeli company specializing in machine learning models, underscores the company’s commitment to advancing its artificial intelligence business.
Artificial intelligence has elevated technology to the forefront of organizations, revolutionizing various sectors. From self-driving vehicles reshaping transportation to life-saving medical equipment, AI has become an integral part of almost every device and software program. Its ability to analyze massive amounts of data, make complex decisions, and learn from patterns has made AI indispensable.
As the global artificial intelligence market expands, it brings forth opportunities for innovation, efficiency, and growth. Industries are leveraging AI to optimize processes, enhance customer experiences, and achieve unparalleled levels of productivity. Within this rapidly evolving landscape, one company to keep an eye on is My Size, Inc. (MYSZ).
My Size, Inc. (MYSZ) is an emerging player in the AI-driven measurement solutions market, offering innovative technologies to drive revenue growth and reduce costs for businesses. As industries increasingly adopt AI solutions, My Size’s offerings, such as MySizeID and Naiz Fit, hold great potential to disrupt traditional measurement processes in sectors like apparel, e-commerce, and logistics.
With a focus on delivering accurate and efficient measurement solutions, My Size, Inc. (MYSZ) could be well-positioned to capitalize on the growth of the global artificial intelligence market.
By leveraging AI technologies to address measurement challenges and enhance business processes, My Size is poised to carve out a notable presence in this dynamic industry landscape.
My Size, Inc. (MYSZ): An Emerging AI-driven Measurement Solutions Company Poised To Disrupt A $38Bn Apparel Market
The global artificial intelligence (AI) market is poised for exponential growth, and My Size, Inc. (MYSZ) is making significant strides in this dynamic landscape.
My Size, Inc. (MYSZ) is an emerging AI-driven measurement solutions company set to disrupt the $38Bn apparel returns market. With a strong focus on sustainability, their solutions aim to reduce size-related returns, aligning with the growing emphasis on eco-conscious practices.
Founded in 2014 by Ronen Luzon, My Size was born out of a frustration with the challenges of online shopping, particularly the uncertainty around sizing and the hassle of returning ill-fitting items. Recognizing the impact of these issues on both consumers and retailers, Luzon set out to create a solution that would standardize sizing and enhance the online shopping experience.
My Size developed a range of measurement apps, including MySizeID, BoxSize, SizeUP, First Look Smart Mirror, and Smart Catalogue, all based on the company’s patented algorithms and software development kits (SDK). These innovative measurement solutions have revolutionized the way consumers find the right fit across various size charts, driving buyer satisfaction and reducing costs for online retailers.
Multiple High-Margin Recurring Revenue Streams |
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