My Size | 8-K: FY2026 Q2 Revenue: USD 3.067 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 3.067 M.
EBIT: As of FY2026 Q2, the actual value is USD -1.72 M.
Second Quarter 2026 Financial Highlights
Gross Profit and Margin
Gross profit for the second quarter of 2026 was $973,000, a decrease from $1.12 million in the second quarter of 2025. The gross margin was approximately 31.7%, down from approximately 56.0% in the prior-year period, primarily due to a shift in revenue mix towards commerce activities.
Operating Costs
Research and development expenses increased to $285,000 in the second quarter of 2026 from $142,000 in the second quarter of 2025. Sales and marketing expenses rose to $1.23 million, compared with $520,000 in the prior-year quarter. General and administrative expenses were $1.19 million, up from $904,000 in the second quarter of 2025.
Operating Loss
The operating loss for the second quarter of 2026 was - $1.72 million, compared with an operating loss of - $586,000 in the second quarter of 2025.
Net Loss
Net loss for the second quarter of 2026 was - $1.75 million, compared to a net loss of - $1.47 million in the second quarter of 2025.
First-Half 2026 Financial Highlights
Gross Profit
Gross profit for the first six months of 2026 was $1.91 million, compared with $1.54 million in the prior-year period.
Operating Loss
Operating loss for the first six months of 2026 was - $3.13 million, compared with - $1.65 million in the prior-year period.
Net Loss
Net loss for the first six months of 2026 was - $3.13 million, compared with - $1.51 million in the prior-year period.
Net Cash Used in Operating Activities
Net cash used in operating activities during the first six months of 2026 improved to - $1.97 million, compared with - $2.31 million during the same period in 2025.
Segment Revenue (Second Quarter 2026)
- Fashion e-commerce generated revenue of $2.23 million.
- SaaS Solutions generated revenue of $211,000 and achieved approximately 86% gross margin.
- Resale (Percentil) generated revenue of $413,000, up from $168,000 in the second quarter of 2025.
- Other activities (Ten Peacks) generated revenue of $213,000.
Balance Sheet and Liquidity (As of June 30, 2026)
My Size, Inc. had $453,000 in cash and cash equivalents and $258,000 in restricted cash. The company continues to actively manage liquidity and will require additional capital to support operations and growth.
Strategic Outlook
My Size, Inc.’s management intends to place increased emphasis during the second half of 2026 on improving contribution margin, increasing higher-margin revenue, optimizing operating expenses, and strengthening cash efficiency. The objective is to build a stronger company by converting the established platform into sustainable economic value for shareholders. The company expects to continue generating losses and negative operating cash flows in the foreseeable future.
