Core Viewpoint - Nayax Ltd. is set to release its earnings for the first quarter of 2025 on May 13, 2025, before U.S. markets open [1] Company Overview - Nayax is a global commerce enablement and payments platform that assists merchants in scaling their businesses by simplifying payments and enhancing customer loyalty [1][8] - The company provides a comprehensive solution that includes cashless payment acceptance, management tools, and loyalty programs, enabling merchants to conduct commerce anytime and anywhere [8] - As of March 31, 2025, Nayax operates 11 global offices, employs approximately 1,100 staff, and has connections to over 80 merchant acquirers and payment method integrations [8] Conference Call Details - Nayax will conduct two conference calls on May 13, 2025, one in English at 8:30 a.m. Eastern Time and another in Hebrew at 9:30 a.m. Eastern Time [2][3] - Participants are encouraged to pre-register for the English call to receive a unique PIN for immediate access [4][5] - A replay of the conference call will be available until May 27, 2025, with specific dial-in numbers provided for access [6]

Core Viewpoint - Nayax Ltd. will maintain current hardware pricing for U.S. customers despite new tariffs on imports, demonstrating its commitment to customer growth and operational excellence [1][2][3] Group 1: Company Strategy - Nayax has implemented strategic measures over the years to enhance supply chain resilience, including optimizing logistics and strengthening supplier relationships [2] - The company serves over 95,000 customers by providing advanced automated self-service payment technology at competitive prices, enabling efficient operations in a rapidly evolving payments landscape [3] Group 2: Market Context - The U.S. administration announced tariffs on imports from most countries, including the Philippines and Israel, where Nayax's hardware is primarily assembled [2] - Nayax's CEO emphasized the company's goal of facilitating a seamless transition from cash to cashless payments, asserting control over pricing despite external market changes [4] Group 3: Company Overview - Nayax is a global commerce enablement and payments platform that offers a complete solution for cashless payment acceptance, management, and loyalty tools, aimed at helping merchants scale their business [4] - As of December 31, 2024, Nayax operates 11 global offices, employs approximately 1,100 staff, and has connections to over 80 merchant acquirers and payment method integrations [4]

HERZLIYA, Israel, April 02, 2025 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ:NYAX, TASE: NYAX)), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced the acquisition of Inepro Pay, a subsidiary of Inepro and a Nayax distributor in the Benelux region. Acquiring Inepro Pay will expand Nayax's reach in the Benelux region by consolidating a trusted partnership in-house, improving efficiency, and bringing Nay ...

Core Insights - Nayax Ltd. and N-and Group have formed a long-term strategic partnership to integrate Nayax's payment technology into N-and's products, starting with smart screens for automated self-service commerce machines [1][3] - The partnership aims to enhance the user experience by providing seamless and secure embedded payment solutions, benefiting OEMs with cost-optimized hardware and access to over 80 payment methods globally [2][4] Company Overview - Nayax is a global commerce enablement platform that offers payment acceptance, management tools, and loyalty solutions, focusing on helping merchants scale their businesses [5] - N-and Group specializes in advanced Human-Machine Interface (HMI) technologies, providing innovative solutions for various industries, including IoT software platforms and digital payment solutions [6][7] Market Impact - The deployment of thousands of N-PAY™ and N-TOUCH™ smart screens with Nayax payments is expected across multiple verticals, including hospitality, fitness, and transportation [3][4] - The partnership is positioned to streamline access to embedded payment technology for operators, enhancing operational efficiency and unlocking new revenue opportunities [4][6]

Core Insights - Nayax Ltd. has launched its State-of-Charge feature for its EV Kiosk, enhancing the convenience of electric vehicle charging by allowing drivers to access charging information via QR codes without the need for apps or personal details [1][2][4] Group 1: Product Features - The EV Kiosk enables secure, quick payments directly at the kiosk, addressing drivers' concerns about managing multiple charging apps and protecting sensitive payment data [2] - After payment, drivers can scan a QR code to view detailed charging information, including energy usage, charging speed, session duration, total cost, and kWh charged, along with receiving a digital e-receipt [2] - The digital e-receipts are customizable, allowing merchants to enhance brand visibility and customer relationships through promotions and advertisements [3] Group 2: Company Vision and Events - Nayax aims to simplify the EV charging experience by separating secure physical payments from mobile session management, making the process faster and safer for both drivers and charging operators [4] - Nayax will showcase its EV Kiosk and features at the EV Charging Summit & Expo in Las Vegas from March 25-27, 2025, with various speaker sessions planned [4][6] Group 3: Company Overview - Nayax is a global commerce enablement platform that provides payment solutions, management tools, and loyalty programs to help merchants scale their businesses [8][9] - As of December 31, 2024, Nayax operates 11 global offices, employs approximately 1,100 people, and has connections to over 80 merchant acquirers [9]

Core Viewpoint - Nayax Ltd. has successfully completed a Notes and Warrants Offering in Israel, raising approximately $137.1 million, which was oversubscribed by 93.3% [2][3]. Group 1: Offering Details - The offering consisted of 486,291 Units, each comprising NIS 1,000 principal amount of Notes and three Warrants, sold at a price of NIS 1,021 per Unit [2]. - The net proceeds from the Offering are expected to be approximately NIS 486.2 million (around $134.3 million) after deducting commissions, fees, and expenses [3]. Group 2: Terms of the Notes - The Notes have a fixed annual interest rate of 5.9% and will mature on September 30, 2030, with principal repayments starting in September 2027 [4]. - The first two installments will be 10% of the principal amount each (approximately NIS 48.6 million or $13.4 million), while the last two installments will be 40% each (approximately NIS 194.5 million or $53.8 million) [4]. Group 3: Terms of the Warrants - Each Warrant can be exercised into one Ordinary Share at an exercise price of NIS 177.80, representing a 37% premium over the closing price on March 6, 2025 [5]. - The Warrants will expire on March 31, 2027, and the exercise price will be adjusted based on the NIS-to-USD exchange rate [5]. Group 4: Covenants and Restrictions - The Company has committed to maintaining specific financial ratios while the Notes are outstanding, including a minimum Equity of $120 million and an Equity / Assets Ratio of at least 29% [6][8]. - The Company is restricted from paying dividends or conducting share buy-backs unless it meets the aforementioned equity requirements [6]. Group 5: Company Overview - Nayax is a global commerce enablement platform that provides payment solutions and loyalty tools for merchants, focusing on unattended retail [11]. - As of December 31, 2024, Nayax operates 11 global offices with approximately 1,100 employees and connections to over 80 merchant acquirers [11].

Core Viewpoint - Nayax Ltd. has successfully completed a tender offering of Notes and Warrants to classified investors in Israel, raising approximately $137.5 million for general corporate purposes, including debt repayment and potential acquisitions [1][2][3]. Group 1: Offering Details - The offering consisted of 942,452 Units, with each Unit comprising NIS 1,000 principal amount of Notes and three Warrants, totaling an aggregate amount of NIS 959,625,431 [2]. - The Company intends to accept undertakings for 486,291 Units at a price of NIS 1,021 per Unit, resulting in gross proceeds of NIS 496,503,111 (approximately $137,535,488) [2]. Group 2: Use of Proceeds - The net proceeds from the offering, estimated at approximately NIS 486.3 million (around $134.7 million), will be allocated for general corporate purposes, including debt repayment and potential acquisitions [3]. Group 3: Terms of the Notes - The Notes have a fixed annual interest rate of 5.9% and will mature on September 30, 2030, with principal repayments starting in September 2027 [4]. - The repayment structure includes four annual payments, with the first two installments being 10% of the principal amount each (approximately NIS 48.6 million or $13.4 million), and the last two installments being 40% each (approximately NIS 194.5 million or $53.8 million) [4]. Group 4: Terms of the Warrants - Each Warrant is exercisable for one Ordinary Share at an exercise price of NIS 177.80, representing a 37% premium over the closing share price on March 6, 2025, and will expire on March 31, 2027 [5]. Group 5: Covenants and Restrictions - The Company has committed to maintaining specific financial ratios while the Notes are outstanding, including a minimum Equity of $120 million and an Equity / Assets Ratio of at least 29% for dividend distributions or share buy-backs [6][9]. - Non-compliance with these ratios will be considered an event of default [7]. Group 6: Company Overview - Nayax is a global commerce enablement platform that provides payment solutions and loyalty tools for merchants, focusing on enhancing revenue potential and operational efficiency [12]. - As of December 31, 2024, Nayax operates 11 global offices and employs approximately 1,100 staff, with connections to over 80 merchant acquirers [12].

Financial Data and Key Metrics Changes - The company reported a revenue increase of 34% to $315.2 million on a constant currency basis, aligning with guidance [14][44] - Adjusted EBITDA rose to $35.5 million, exceeding guidance and increasing approximately four times from $8.2 million in the prior year [12][50] - Positive free cash flow of $18 million was achieved, converting over 50% of adjusted EBITDA into free cash flow [13][51] - Gross margin improved to 45.1% from 37.5%, with significant margin expansion driven by operational efficiency [48][50] Business Line Data and Key Metrics Changes - Recurring revenue grew by 47% for the full year, now representing 71% of total revenue [14][45] - Payment processing fees and SaaS subscription revenues increased by 47% year-over-year to $222.3 million [45] - Processing revenue grew by 45% to $133.8 million, driven by a 21% increase in the installed base of managed and connected devices [46][48] Market Data and Key Metrics Changes - Total transaction value increased by 36% to nearly $5 billion, with a higher take rate of 2.73% [16] - The customer base expanded by 32%, reaching over 95,000 customers at the end of 2024 [16] - The installed base of managing connected devices grew by 21% to 1.26 million devices [46] Company Strategy and Development Direction - The company aims to drive growth in automated self-service markets and expand within retail and energy verticals [23][27] - Strategic focus includes partnerships with OEMs and enhancing the cashless payment ecosystem [25][30] - The company is targeting a 35% annual revenue growth by 2028, with a gross margin of 50% and an adjusted EBITDA margin of 30% [59] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential due to low penetration of cashless solutions in various markets [17][30] - The company anticipates continued strong demand for its end-to-end payment solutions as the shift from cash to digital payments accelerates [18][30] - Management reaffirmed guidance for 30% adjusted EBITDA as operational leverage and efficiency are driven [30][58] Other Important Information - The company has made several strategic acquisitions to enhance its technology and market presence, particularly in Brazil and the EV charging space [34][36] - The company is focused on integrating recent acquisitions to drive further growth and operational efficiency [41][58] Q&A Session Summary Question: Can you discuss the 2025 guidance and the moving parts? - Management highlighted that the 30-35% revenue growth is driven by market share expansion and increasing customer base, with a focus on organic growth of at least 25% [65][66] Question: What are the sources of visibility for the guided acceleration in organic revenue growth? - Management noted strong partnerships and a high net retention rate as key factors contributing to confidence in achieving the revenue targets [110][112] Question: How do you expect ARPU to expand in 2025? - Management indicated that ARPU growth is driven by the conversion from cash to cashless transactions and the introduction of higher ARPU verticals [84][86]

Nayax Ltd. (NASDAQ:NYAX) Q4 2024 Earnings Conference Call March 4, 2025 8:30 AM ET Company Participants Aaron Greenberg - Chief Strategy Officer Yair Nechmad - Co-Founder and CEO Sagit Manor - CFO Conference Call Participants Hannes Leitner - Jefferies Vasu Govil - KBW Josh Nichols - B. Riley Nik Cremo - UBS Cris Kennedy - William Blair Rayna Kumar - Oppenheimer Operator Hello, everyone. And welcome to Nayax's Fourth Quarter and Full Year 2024 Earnings Conference Call [Operator Instructions]. As a reminder, ...

Group 1: Earnings Performance - Nayax reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of $0.04 per share, compared to a loss of $0.10 per share a year ago, representing an earnings surprise of 25% [1] - The company posted revenues of $88.96 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.48%, and this is an increase from year-ago revenues of $66.6 million [2] - Over the last four quarters, Nayax has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [2] Group 2: Stock Performance and Outlook - Nayax shares have increased by approximately 27.4% since the beginning of the year, while the S&P 500 has declined by 0.5% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.06 on revenues of $90.6 million, and for the current fiscal year, it is $0.51 on revenues of $411.15 million [7] Group 3: Industry Context - The Financial Transaction Services industry, to which Nayax belongs, is currently in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5]