Core Insights - Nayax Ltd. is launching its attended retail solutions in 40 new European markets, marking a significant milestone in its global growth strategy [1][4] - The end-to-end retail solution offered by Nayax addresses multi-channel hardware, software, management, and customer engagement needs through a unified platform [2] - Nayax's product offerings include the Nova 55F handheld POS, Nova 116 Flip tablet POS, and Nova C4 pinpad, designed for various retail and hospitality use cases [3] Company Overview - Nayax is a global commerce enablement and payments platform that helps merchants scale their business by simplifying payments and maximizing loyalty [1][5] - The company has approximately 1,100 employees and operates 11 global offices, with connections to over 80 merchant acquirers and payment method integrations [5] - Nayax's mission focuses on improving customers' revenue potential and operational efficiency through a comprehensive solution that includes cashless payment acceptance and loyalty tools [5]

HERZLIYA, Israel, Nov. 21, 2024 (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 that it will launch its end-to-end automated self-service payment solution across El Salvador, enabling consumers to make secure cashless payments at automated machines with VPOS Touch™ devices. Nayax will work with trusted local partners to enable Salvadora ...

Core Insights - Nayax Ltd. is positioned as a unique global end-to-end player in unattended payments, highlighting its competitive advantage in the fintech space [2] - The company is focusing on aggressive organic expansion into adjacent markets, supported by targeted acquisitions to enhance growth opportunities [2] Company Overview - Nayax is a global commerce enablement and payments platform that assists merchants in scaling their businesses through simplified payments and enhanced loyalty [4] - As of September 30, 2024, Nayax operates 11 global offices, employs approximately 1,100 staff, and has connections to over 80 merchant acquirers and payment method integrations [4] - The company's mission is to improve customers' revenue potential and operational efficiency [4]

Financial Data and Key Metrics Changes - The company achieved record revenue of $83 million, reflecting a 38% year-over-year growth [11][22] - Adjusted EBITDA reached a record $11.1 million, representing approximately 13% of total revenue, up from $3.5 million in Q3 last year [9][28] - The company reported positive net income of $0.7 million for the first time, compared to a loss of $3.1 million in Q3 last year [29] - Free cash flow for the quarter was $10.1 million, contributing to a strong cash position of $89 million [30][31] Business Line Data and Key Metrics Changes - Recurring revenue from SaaS subscriptions and payment processing fees increased by 49% to approximately $60 million, representing 72% of total revenue [22][23] - Hardware revenue grew 15% year-over-year to $23.1 million, despite delays in new product certifications [12][24] - The installed base of managed and connected devices increased by 40% year-over-year to approximately 1.23 million devices [13][25] Market Data and Key Metrics Changes - The company anticipates slightly lower hardware revenue growth for the second half of 2024 due to product certification delays, but adjusted EBITDA guidance remains strong [16][17] - The company is adjusting its full-year 2024 revenue forecast to a range of $315 million to $320 million, reflecting a 35% year-over-year increase at the midpoint [33] Company Strategy and Development Direction - The company is focused on profitability and operational efficiency, aiming for sustainable and consistent profitable growth [10][19] - Strategic partnerships, such as with Adyen, are expected to enhance payment facilitation and reduce operational costs [14][53] - The company is targeting a long-term goal of 50% gross margin and 30% adjusted EBITDA [18][37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's resilience against macroeconomic impacts, citing low churn and high net retention rates [78][81] - The company sees significant growth opportunities in the EV charging sector and other automated solutions [15][43] - The outlook for 2025 includes expectations for continued strong profitable growth and the resolution of product certification delays [36][37] Other Important Information - The company reported a gross margin of 45.7%, up from 38.1% in Q3 last year, driven by improvements in hardware margins and supply chain optimization [26] - The company is integrating recent acquisitions, which are expected to enhance its overall solution offerings [14] Q&A Session Summary Question: Impact of certification delays on Q3 and Q4 - Management explained that certification delays were unforeseen and specific to certain territories, but they expect resolution soon [41][42] Question: Sustainability of hardware gross margin and Q4 expectations - Management indicated that operating leverage is expected to continue, with organic revenue growth outpacing operating expenses [44][46] Question: Details on the Adyen partnership and vendor consolidation - The partnership with Adyen is expected to enhance scalability and reduce operational costs, with initial integration stages completed [53][60] Question: Revenue contribution from Latin America and VMtecnologia acquisition - Management highlighted the potential for significant revenue growth in Latin America, particularly through the VMtecnologia acquisition [67] Question: Trends in take rates and verticals driving growth - Management noted that emerging verticals such as EV charging and micro markets are contributing to expanding take rates [71] Question: Potential impacts from recent elections and regulatory trends - Management expressed confidence that macroeconomic changes would have minimal impact on the business due to its diverse customer base and low transaction values [78][80]

HERZLIYA, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- NayaxLtd. (Nasdaq: NYAX; TASE: NYAX) - a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, is proud to showcase its broad range of end-to-end solutions for the amusement sector at the IAAPA Expo 2024 in Orlando, Florida. Nayax provides an all-in-one solution tailored for the amusement industry. It offers frictionless payments, flexible pricing for players, operat ...

Nayax (NYAX) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this financial technology company would post a loss of $0.02 per share when it actually produced a loss of $0.08, delivering a surprise of -300%.Over the last four quarters, the company ...

Exhibit 99.1 Nayax Reports Third Quarter 2024 Financial Results Total revenue of $83 million, up 38% YoY; Reporting positive Net Income for the first time of $0.7 million; Record Adjusted EBITDA of $11.1 million (1); Revises 2024 revenue outlook to $315-320 million, represents 35% growth at mid-point; Maintains 2024 adjusted EBITDA(2) guidance of $30-35 million and positive FCF; HERZLIYA, Israel, November 12, 2024 – Nayax Ltd. (Nasdaq: NYAX, TASE: NYAX), a global commerce payments and loyalty platform desig ...

Nayax (NYAX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 12. ...

HERZLIYA, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, today announced that it will release its earnings for the third quarter of 2024 on Tuesday, November 12, 2024, before U.S. markets open. Nayax will hold two calls, one in English and one in Hebrew. Nayax CEO and Chairman, Yair Nechmad, will speak alongside Nayax’s Chief Financial Officer, Sagit Manor, and Chief ...

From a technical perspective, Nayax Ltd. (NYAX) is looking like an interesting pick, as it just reached a key level of support. NYAX's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving ...