MySize Faces Nasdaq Compliance Deadline, Reports $10 Million 2025 Revenue
MySize received a Nasdaq notice after its share price stayed below $1.00 for 30 trading days and has until August 31, 2026 to regain compliance under the minimum bid rule. The company reported $10 million revenue in 2025, with Orgad at 40% gross margin and 10peaks generating $150,000 at 65% margin.
1. Nasdaq Listing Compliance Notice
On March 2, MySize received notification that its common shares had traded below $1.00 for 30 consecutive trading days, triggering a Nasdaq requirement to regain a minimum $1.00 closing bid price for 10 consecutive business days. The company has 180 calendar days, until August 31, 2026, to meet this threshold or face potential delisting, with a possible second compliance period available if other listing standards are met.
2. 2025 Financial Results
MySize generated approximately $10 million in total revenue during 2025 across its platform. Orgad, the Amazon-focused overstock and infrastructure unit, achieved gross margins near 40%, while the newly formed 10peaks distribution arm reported $150,000 in revenue at roughly 65% gross margin and is projected to scale to $3 million annually under current assumptions.
3. Business Segment Overview
The company’s portfolio includes Naiz Fit, offering AI-driven sizing solutions to reduce returns and boost conversions; Percentil, a managed secondhand marketplace in Europe; Orgad, which distributes excess inventory online; and 10peaks, a regional retail and distribution subsidiary in Israel, Greece, Cyprus, and Malta. These units are designed to interconnect, leveraging volume from Orgad, reducing returns via Naiz Fit, monetizing inventory through Percentil, and enhancing margins with 10peaks.
4. Strategy to Regain Compliance
MySize’s leadership emphasizes execution as the primary remedy for its share price challenge, focusing on growing revenue, increasing the contribution of higher-margin businesses, and improving operating leverage. Management intends to monitor the share price closely and explore all available options to satisfy Nasdaq’s minimum bid price requirement within the compliance window.